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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.

Musk Shuts Down Hyperloop

Musk Shuts Down Hyperloop

by | Dec 22, 2023 | , , , , , , ,

It was supposed to provide a high-speed alternative to air travel, but Elon Musk is quietly shutting down his once-promising hyperloop company at the end of this year. Its assets are being sold off to a Dubai-based shipping company, though it’s far from clear that will ever bring the maglev system into real-world operation. Get details at Headlight.News.

Tesla Autopilot Takes New Heat – And California Says the Name is Part of the Problem

Tesla Autopilot Takes New Heat – And California Says the Name is Part of the Problem

by | Dec 12, 2023 | , , , , , , ,

Tesla is coming under more intense fire as a result of a series of crashes involving its Autopilot system. The NTSB wants the automaker to block its use on roads where it’s not safe to operate. And California regulators say the name, Autopilot, is itself false and misleading and should be changed.

Tesla Cybertruck a Bust? “We Dug Our Own Grave,” Says Musk

Tesla Cybertruck a Bust? “We Dug Our Own Grave,” Says Musk

by | Oct 19, 2023 | , , , , , , ,

Within a week of its 2019 launch, Tesla claimed to have logged 250,000 advance reservations for the Cybertruck, and CEO Musk claims the number is now up to 1 million. Yet, even with the all-electric pickup finally in production, it very well could turn into a bust, CEO Elon Musk telling investors and analysts “We dug our own grave with the Cybertruck.”

Ford Cuts Shift as F-150 Lightning Sales “Tank”

Ford Cuts Shift as F-150 Lightning Sales “Tank”

by | Oct 17, 2023 | , , , , , , ,

Ford dropped a shift at the Dearborn, Michigan plant assembling its all-electric F-150 Lightning. The automaker blamed “multiple constraints,” for the move, but the UAW says the production cut comes as sales “have tanked.” If anything, Ford had expected a growing surge in demand as it prepares a major expansion of capacity at its Rouge Electric Vehicle Center.