Tesla shares had dropped slightly on Thursday, though not enough to offset the past month’s gains, as the automaker is soon expected to announce its entry to the home storage battery space, a potential source of monetization for a company that has typically been in the red.

For most of April, Musk has been posting teases, mostly via Twitter, that it will be entering the home battery space, and announcing its entry in the coming days.  On March 30, Musk had tweeted that Tesla will be announcing a “major new product line,” adding that it is “not a car.”  The automaker is scheduled to make a major announcement at 8 p.m. Pacific time today, April 30.

Even prior to Musk’s late March tweet, Tesla had been teasing the possibility of a home battery launch, saying in February that the product will be ready for launch “within months,” with production beginning in the summer.  The new battery products may likely be based on the batteries used on Tesla’s popular Model S electric car.  Musk, however, has been very cagey about Tesla’s reveal, not saying what the battery will be used for, but merely dropping hints that it may be used as a generator should the power go out.

Tesla shares had closed today’s trading at $226.05, a drop of 2.75 percent, or $6.40 from the previous day.  In after-hours trading, TSLA is trading slightly lower at $225.85 as of 5:54 p.m. ET.

The 2016 Chevrolet Camaro will be revealed in a little more than two weeks than now, and while we have seen a few teasers for the next-generation Camaro, Chevy couldn’t help but let slip a few more.  The new teasers show off illustrations of the pony car’s rear fender and aluminum hood, though these obviously aren’t the real thing just yet.

Chevrolet will be using a lot of aluminum on the 2016 Camaro, and that allows it to be at least 200 pounds lighter than the present iteration.  The car’s suspension components will also use aluminum, and so will the instrument panel’s support beam.

Looking at the new teasers, the rear fender’s illustration suggests that Chevy will stick with its usual design language for the most part, but will make the new Camaro look a bit slimmer and more defined.  And while these elements weren’t included in the teasers, we also know that the 2016 Camaro will evolve from the previous generation, and will boast of a tough-looking front design and a high belt line.

As Chevrolet will be unveiling the 2016 Camaro on May 16, we can expect a few more teasers to emerge between now and the big reveal.

With federal authorities applying more and more pressure on automakers, Ford announced today that it is recalling almost 600,000 vehicles in four separate recalls, with more than 80 percent of these cars and trucks being sent back due to steering gear bolt issues.

The largest recall involves 518,313 Ford Fusion and Lincoln MKZ sedans from the 2013-15 model years and Ford Edge crossovers from 2015, and is related to steering gear bolts that could possibly break, corrode, or crack.  This would leave the car in manual steering, which could result in steering problems at slow speeds, and potential collisions.  No accidents or casualties have been reported in relation to this large-scale recall.

Three other smaller recalls were also announced today, including one involving 50,157 Ford Focus, Edge, Escape, and Transit Connect units from the 2014 model year, and Ford Fiestas from the 2014-15 model years.  These vehicles have problems with the nickel plating on the fuel pump that could cause the vehicles to stall or refuse to start.  One accident has been brought to Ford’s attention in connection to this issue.  Also, 22,616 2015 Lincoln MKZ sedans are being recalled for unusually bright parking lamps, and 91 2015 Ford F-150 pickups may be affected by improperly installed or missing underbody heat shields.  No accidents or casualties have been reported for the latter two recalls.

The recalls come on the heels of a recent workshop organized by National Highway Traffic Safety Administration (NHTSA) administrator Mark Rosekind, where he expressed concern that automakers are not acting quick enough to address recalls and repair cars affected by these actions.  Earlier today, Rosekind told reporters that he will be going to Detroit on Thursday to meet personally with Ford, General Motors, and Fiat Chrysler Automobiles officials regarding safety issues.

Pricing on the 2016 Cadillac CTS-V is now out, and the car said to be the most powerful Caddy ever will come at a premium price tag.

Including shipping costs, the new CTS-V for the 2016 model year will cost $84,990, but that’s going to get you a luxurious, yet high-performance sedan that cranks out 640 horsepower from its V8 engine and is capable of going from 0 to 60 mph in only 3.7 seconds, with a top speed of 200 mph.  That also puts the CTS-V ahead of the competition, including BMW’s M-Series and its 4.4-liter TwinPower V8 engine.  If you’re looking for a CTS sedan that won’t cost you that much, the cheapest CTS on Cadillac’s lineup for 2016 costs $46,340 with destination, but that, of course, won’t come with the blazing speed of the CTS-V.

“V-Series represents the pinnacle of Cadillac, a brand that now makes drivers’ cars at the highest level,” read a statement from Cadillac president Johan de Nysschen. “The new CTS-V is essentially two cars in one: a luxury sedan with sophisticated road manners and a track-capable sports car with awe-inspiring performance.”

c/o Car Complaints

The government’s federal safety regulator should have a decision within two weeks regarding whether it should reopen an investigation into older Jeep models that have been involved in fiery crashes.

Assessing things at a Transportation Department recall summit, National Highway Traffic Safety Administration head Mark Rosekind said that the “situation has gotten worse” due to newly reported fatalities in Jeep fires, following the recall of a host of models about two years prior.  He also lamented the glacial pace in which dealerships are repairing affected Jeep Grand Cherokee and Liberty models, calling the situation “horrible.”

Chrysler, which has since become part of Fiat Chrysler Automobiles since the recalls, was asked to fix the defective Jeep Grand Cherokee and Liberty models by installing trailer hitches on the back of the SUVs.  This would provide extra protection in the event of a low-speed collision.  According to Chrysler, 45 percent of all Grand Cherokees and 27 percent of all Libertys, all from the 1993 to 2007 model year, have been fixed.  Still, Rosekind and the NHTSA are far from happy with this, saying that the pace of repair “has not met expectations.”

Jeep parent Chrysler had originally struck up a bargain with the NHTSA in June 2013, successfully appealing for a more limited recall than the 2.7 million vehicles regulators originally wanted Chrysler to recall.  This came on the heels after it was discovered that the SUVs are susceptible to igniting in rear-end collisions, and were responsible for 51 deaths in these accidents.  Unfortunately, several more people have been killed in rear-end Jeep crashes, the most recent one being a pregnant 23-year-old in November 2014.

Although it won’t be another year or so before the 2017 Jaguar XE sedan makes its way to American shores, the British automaker has revealed details as early as now regarding the powertrain options U.S. buyers can expect from the new model.

The U.S.-spec 2017 Jaguar XE will be offered in XE 20d and XE 35t form, with the former coming with a 2.0-liter turbodiesel I4 rated at 180 horsepower and 318 lb/ft. torque, and mated to an eight-speed automatic transmission.  All-wheel drive is available as an optional feature on the XE 20d.  Considering Jaguar’s long and proud history as a maker of performance cars, those figures aren’t that impressive at all, but it should save a lot of money at the pump as the first-ever diesel model Jaguar will be selling in the U.S. market.

The 2017 Jaguar XE 35t, on the other hand, won’t disappoint anyone in the performance department, as it is powered by a 3.0-liter supercharged V6 making 340 horsepower and 332 lb/ft.  This is the same engine that powers the Jaguar F-Type and XF.  The engine is also paired with an eight-speed automatic, and the car itself will be offered in rear- or all-wheel drive.  According to Jaguar, the 35t should be capable of going from 0-60 mph in 4.9 seconds, and reaching a top speed of 155 mph.

Those who may be disappointed by the diesel engine’s lack of power shouldn’t lose hope yet, as Jaguar hasn’t confirmed whether the gas-powered turbo four (estimated 240 horsepower) will be available for the U.S.-spec Jaguar XE.  Details on that should be available closer to the car’s spring 2016 release.

In what has to be called a very interesting move on Toyota’s part, the automaker has hired documentary filmmaker Morgan Spurlock, he of Supersize Me fame, to direct the first in a new series of videos under the “Fueled by Everything” banner.

The colorfully-titled “Fueled by Bulls—“ video is the first in an online series of videos that seeks to educate consumers about the benefits of hydrogen fuel in general.  The three-minute clip features ordinary, average Americans – a dairy farmer and a mechanical engineer – as they literally track cow dung as it emanates from its bovine source, all the way to its end product as the fuel that powers Toyota’s Mirai hydrogen fuel cell vehicle.

“This project gave us the opportunity to dive into a world that most people don’t understand but has the potential to change our world,” said Spurlock in a statement. “Witnessing manure, something most of us view as being pretty disposable, being transformed into hydrogen fuel to power a car was pretty remarkable. I think this short film is pretty compelling evidence of what could be possible in the years ahead.”

Contrary to earlier reports, Spurlock will not be directing the entire “Fueled by Everything” video campaign, but rather the first video alone.  And the Toyota Mirai site on the automaker’s website will feature more than just colorful explanations of how hydrogen fuel works; it will feature the scientific how-and-why of the alternative fuel, with scientists and other specialists talking about the process behind its creation.  “We’re putting hydrogen in the spotlight for its exciting potential as a renewable fuel source,” said Toyota USA senior vice president of automotive operations Bob Carter. “This is the beginning of the road for hydrogen, but we see the potential and we’re making a long-term investment in the future.”

The 2016 Cadillac CT6 is now official, having launched at the New York International Auto Show.  But at this week’s Shanghai Auto Show, Cadillac confirmed that the car will be offered as a plug-in electric as well.

The Cadillac CT6 PHEV comes with a 2.0-liter turbocharged I4 engine paired with a rear-wheel electric variable transmission and two electric motors.  That’s good for an estimated 335 horsepower and 432 lb/ft. torque, and the car also comes with an 18.4 kWh lithium-ion battery with 192 pouch cells.  No fuel economy details have been divulged, but General Motors promises more than twice the mileage of the standard, gas-powered CT6.  Electric range hasn’t been confirmed either, but Cadillac said at Shanghai that the battery would be able to hold up in “most daily commutes.”

Cadillac’s electrified and hybridized CT6 features three driving modes, namely Normal, Sport, and Hold.  The first two are self-explanatory, but the third would allow drivers to conserve on battery life, especially on low-speed city trips. In addition, drivers can utilize regen-on-demand with paddle shifters as another useful tool for saving on battery life and making the most of the car’s mileage.

The PHEV Cadillac CT6 will be released first in China sometime in 2016, with other markets, including the United States, following soon after.