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Whether Stuck in Sand or Snow or Driving Into Walls, Owners are Wrecking Cybertruck’s Image

Whether Stuck in Sand or Snow or Driving Into Walls, Owners are Wrecking Cybertruck’s Image

by | Mar 12, 2024 | , , , , , , , ,

When Elon Musk handed over the keys to the first Cybertruck last November he boasted that the electric pickup featured “the finest in apocalypse technology.” The Tesla CEO even played a video showing bullets bouncing off the truck’s stainless steel skin. But a series of recent social media posts raise serious questions about the truck’s actual capabilities — or at least the skills of its early owners who’ve gotten stuck in sand and snow and even driven into a wall at the Beverly Hills Hotel, knocking off a wheel in the process. Read all about it at Headlight.News.

Tesla Stock Again in Freefall; How Low Will it Go?

Tesla Stock Again in Freefall; How Low Will it Go?

by | Mar 6, 2024 | , , , , , ,

Betting on the stock market isn’t for the fainthearted. But it takes an iron constitution to buy in on Tesla. True, those who’ve hung with the automaker since its early days have been well rewarded. But recent years have taken investors on a rollercoaster ride. And nowhere has it been more apparent than over the past few months. After nearing a 52-week late last year, Tesla shares have been in decline. And that’s now showing signs of turning into a full-on rout, even some long-term Tesla bulls getting worried.

With Stellantis Now Onboard, Tesla Has Won the Charger Battle

With Stellantis Now Onboard, Tesla Has Won the Charger Battle

by | Feb 16, 2024 | , , , , , , , , , , , , , , ,

Stellantis will adopt the Tesla-style North American Charging Standard. The parent of brands including Chrysler, Dodge, Jeep and Ram was the last holdout among major automakers to go with the NACS plug. It means owners will have access to a substantial wider network of plugs and formalizes Tesla’s Superchargers as the de facto winner in the charging battle. Tesla, meanwhile, is taking steps to prevent the embarrassing charger failures many owners ran into during a recent Midwest cold snap.

As EV Sales Growth Slows, Automakers Accelerate Hybrid, Plug-In Plans

As EV Sales Growth Slows, Automakers Accelerate Hybrid, Plug-In Plans

by | Feb 9, 2024 | , , , , , , , , , , , , ,

Volkswagen “remains committed” to its aggressive EV program, the automaker’s U.S. chief executive said. But, as sales growth slows, the German auto giant is also considering adding hybrids and plug-in hybrids to its American fleet. And it’s not alone. Other manufacturers who’ve made major commitments to EVs, such as Kia, are also turning to hybrids to help them meet emissions targets because of consumer resistance to all-electric vehicles.

Ford CEO Farley Reveals “Skunkworks” Program Developing Low-Cost EV

Ford CEO Farley Reveals “Skunkworks” Program Developing Low-Cost EV

by | Feb 7, 2024 | , , , , , , ,

With EV sales growth flattening out, automakers are struggling to find ways to charge them back up. A critical step will require the launch of new, affordable models like the Model 2 Tesla reportedly is developing. During an earnings call, Ford CEO Jim Farley said he’s not planning to cede the market to his rival, revealing that the second-largest Detroit automaker has a “skunkworks” project underway to develop new EVs that could match, perhaps even undercut what Tesla is working on.

Money, Drugs, Elon Musk and the Tesla Board of Directors

Money, Drugs, Elon Musk and the Tesla Board of Directors

by | Feb 5, 2024 | , , , , , , , ,

Elon Musk created a fair share of controversy several years ago when he appeared to smoke a joint during an appearance with podcaster Joe Rogan. A new report is kicking up even more dust, the Wall Street Journal alleging money and drugs have improperly tied the Tesla CEO to the same board of directors that previously approved a $55 billion pay package for Musk.

Court Rejects Musk’s “Unfathomable” $55.8 Billion Tesla Pay Package

Court Rejects Musk’s “Unfathomable” $55.8 Billion Tesla Pay Package

by | Jan 31, 2024 | , , , , , ,

Calling the deal “unfathomable,” a Delaware court has blocked the $565 billion pay plan awarded Tesla CEO Elon Musk in 2018. The move could spell trouble for Musk’s current demand for 25% control of the EV maker while also raising concerns about his floundering social media site, X, which relied on loans backed by Tesla stock. More from Headlight.News.

Tesla Planning $25,000 EV Codenamed “Redwood”

Tesla Planning $25,000 EV Codenamed “Redwood”

by | Jan 24, 2024 | , , , , , , , ,

Tesla CEO Elon Musk has repeatedly promised to bring more affordable EVs to market but has so far failed to pull it off. Now, however, a report indicates the Texas-based automaker is getting ready to follow through with a compact crossover that could be available by mid-2025 at a starting price of $25,000. More from Headlight.News.

As UAW Organizing Drive Gains Traction, Tesla Raises U.S. Wages

As UAW Organizing Drive Gains Traction, Tesla Raises U.S. Wages

by | Jan 11, 2024 | , , , , , ,

Tesla has become the latest automaker to raise wages for its U.S. workers, a move that industry-watchers see as an effort to stall an organizing drive by the United Auto Workers Union. The Texas-based EV manufacturer is seen as particularly vulnerable, especially at its California assembly plant which has faced numerous complaints about racial and sexual harassment and unsafe working conditions.

CES 2024 Ushers In Era of “Software-Defined Vehicles”

CES 2024 Ushers In Era of “Software-Defined Vehicles”

by | Jan 5, 2024 | , , , , , , , , , , , , ,

Today’s cars already function as computers on wheels, some equipped with over 100 onboard microprocessors. But tomorrow’s vehicles will go significantly further, offering the sort of software-based features and functions found on Apple and Android smartphones and making use of the latest AI technology. Tomorrow’s “software-defined vehicles” will transform what motorists can do while driving – while generating hundreds of billions of dollars in new revenue streams for automakers. We’ll get a look at what this means at the upcoming Consumer Electronics Show in Las Vegas.

EV Sales Could Slow as Tesla, Nissan, GM Lose U.S. Tax Credits on Some Models

EV Sales Could Slow as Tesla, Nissan, GM Lose U.S. Tax Credits on Some Models

by | Jan 2, 2024 | , , , , , , , , , , , , , , , , ,

The New Year brings bad news for potential EV buyers as only a handful of models now qualify for federal tax credits of up to $7,500. That’s because of new requirements covering the sourcing of batteries and raw materials like lithium and cobalt. Among the brands impacted are Tesla, Nissan, General Motors and Ford. And analysts worry this could further slow growth of EV sales.

Tesla Sales Set New Record – But Automaker Faces Major Challenges Entering 2024

Tesla Sales Set New Record – But Automaker Faces Major Challenges Entering 2024

by | Dec 27, 2023 | , , , , , , , , , , , ,

Tesla is wrapping up 2023 with another record under its belt. But while sales hit an all-time high they still fell short of CEO Elon Musk’s ambitious forecast. And the Texas-based automaker has a growing list of problems on its plate, including mounting pressure for another recall following the one it announced two weeks ago.