Tesla CEO Elon Musk is looking for a trade: power for influence. It’s an oversimplification, but he wants 25% of the company’s voting power in order to continue developing AI-based technologies. Get details at Headlight.News.
Tesla CEO Elon Musk
Tesla Drops Mileage Estimates as Complaints Mount, Justice Department Opens Probe
Tesla has come under fire for posting what some critics claim to be wildly optimistic range numbers for its battery-electric vehicles. Now, as the Department of Justice begins looking into potentially inflated claims, the automaker has lowered the estimates on at least some versions of three of its five models.
Turnabout is Fair Play: Ford F-150 Shames Snowed-In Tesla Cybertruck
Like the kid getting revenge on the bully who used to kick sand on his face at the beach, the Ford F-150 came to the rescue of a humbled Tesla Cybertruck in a video now gone viral. Get the details at Headlight.News.
Tesla Recalls 2 Million Vehicles Over Autopilot Safety Concerns
Tesla will recall 2 million EVs sold in the U.S. to make significant updates to its Autopilot system. As Headlight.News reported Tuesday, the semi-autonomous technology has come under fire because, among other things, it can be used on roads for which it was not designed. That has been linked to numerous fatal crashes. But Tesla put a positive spin on the issue, CEO Elon Musk claiming the recall is part of a “moral obligation” to ensure the safety of its vehicles.
Man Planning “Mass Casualty” Attack Arrested Ahead of Tesla Cybertruck Launch
A Florida man was arrested after taunting authorities “to stop me” before making a threat to commit what is being described as a “mass casualty” event during the roll-out of the new Tesla Cybertruck last week. More from Headlight.News.
After Repeated Delays, Tesla Finally Hands Over Keys for First Cybertruck
Almost precisely four years after unveiling its first electric pickup, and after a long series of delays, Tesla finally delivered the first Cybertruck to customers at its Texas assembly plant on Thursday afternoon. The question is whether the all-electric pickup will live up to the hype it has received –considering it falls well short of its original range target while prices are 50% higher than what was promised in 2019. Even the automaker’s CEO Elon Musk isn’t as confident as normal.
Tesla, CEO Musk Knew About Autopilot Defects, Judge Determines
A judge in Florida cited “reasonable evidence” that Tesla and its CEO Elon Musk knew the automaker’s Autopilot system had a potentially fatal defect, a finding that could create serious problems for Tesla as it faces the third trial this year over the semi-autonomous driving system.
Tesla Readying $25K (Almost) for Production
Tesla CEO Elon Musk has bandied about plans for a $25,000 electric vehicle for a few years now. However, that vehicle — dubbed the Model 2 by some — appeared to be pushed to the wayside as the EV maker focused on bringing the Cybertruck to the market. However, there are reports the “cheap” EV is front and center again. Get details at Headlight.News.
Tesla Stock Plunges — And Delivers a Mega-Billion-Dollar Hit to Musk’s Fortune
Sometimes you can’t wait for the day to end, and that’s probably the case for Tesla investors who watched the stock stumble since the automaker delivered a weak third-quarter earnings report, sending shares tumbling for two days in a row. Among those hardest hit, CEO Elon Musk whose own holdings have now lost more than $20 billion in value.
Price Cuts Tamp Down Tesla Third Quarter Results
The impact of Tesla’s price cuts hit home in the third quarter as its earnings fell on a year-over-year basis. Perhaps more importantly, more price cuts are expected to come in the fourth quarter at the company pushes to meet its goal of delivering 1.8 million vehicles globally. More cuts means a tough final quarter — fiscally anyway. Details at Headlight.News.
Tesla Shipping Cybertrucks But No Word on Promised First Delivery Event
The arrival of Tesla’s Cybertruck is often preceded by phrases like “oft-delayed” or “long overdue,” and the company’s missed another deadline, suggesting deliveries would start in Q3 and they won’t. This delay contributed to the company’s Q3 sales shortfall. Details at Headlight.News.
Tesla Takes a Tumble, Q3 Sales Slipping More than Expected
But the downturn could be short-lived as automaker is ready to roll out new models. Get the details at Headlight.News.