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Ford captures multiple awards from Altair for work in electric vehicles, sustainability
Ford Motor Company captured multiple honors from Altair in its 10th Annual Enlighten Awards. The awards “honor the greatest sustainability and lightweighting advancements that successfully reduce carbon footprint, mitigate water and energy consumption, and leverage material reuse and recycling efforts,” Altair said.
Ford won top prizes in both the Sustainable Product and Sustainable Material categories, with the F-150 Lightning all-electric pickup truck earning top marks in the first category. Meanwhile, Ford’s use of 100% Post-Consumer Recycled Ocean Plastic Wiring Harness Clips won the top prize in the Sustainable Material category.
Sustainable Product Winner – Ford F-150 Lightning
Ford’s initial electric pickup, the F-150 Lightning, beat out numerous vehicles and other technologies to win the top prize in the Sustainable Product category.
Altair had high regard for Ford’s first-ever EV pickup, which began deliveries in late May and has already made noise in the sector due for many reasons. Altair gave a great description of the vehicle’s capabilities, highlighting its impressive statistics considering it is Ford’s first crack at an electric pickup:
“The 2022 Ford F-150 Lighting with an extended range battery delivers up to 580 horsepower and 775 lb.-ft. of torque – the most torque of any F-150 ever – as well as a high-tech front trunk and the ability to power your home if needed. The F-150 Lightning is powered by dual in-board motors with up to 320 miles of range on select models and is built on an all-new steel frame that supports a maximum 2,235-pound payload and up to 10,000 pounds of towing capacity.”
Credit: Ford
Sustainable Material Winner – 100% Post-Consumer Recycled Ocean Plastic Wiring Harness Clips
Although the recycled ocean plastic wiring clips are not currently used across Ford’s entire lineup, the company has looked at nearly every way to make its vehicles more sustainable from start to finish. First utilized on the Ford Bronco Sport, the wiring harness clips are made from 100% PCR ocean plastic, which is accumulated and then recycled into automotive parts. “The material composition of these parts is collected by workers from plastic waste in the Indian Ocean and the Arabian Sea, promoting healthier marine life, reducing landfill waste and energy use, and providing jobs,” Altair said.
Ford shows how it makes its 100% Post-Consumer Recycled (PCR) Ocean Plastic (PA6) Wiring Harness Clips. (Credit: Ford)
Ford is expanding sustainably-produced parts throughout its lineup. Ford plans to make fuel line clips out of recycled waste from SmileDirectClub, a company that creates invisible braces for customers, for its F-250 Super Duty. Now, if we can only get Ford to push these sustainable parts into more of its electrified vehicles while also expanding its lineup, which it has announced plans to do on several occasions.
“The caliber of nominees for this year’s Enlighten Award was unparalleled and is a true testament to the investments the automotive industry is making to reach – and even exceed – global sustainability targets,” Senior VP of Product and Strategy for Altair, Richard Yen, said. “As we celebrate our tenth year and have evaluated hundreds of worthy entries over the years, we have seen this award evolve from showcasing vehicle lightweighting initiatives to companies now fully embracing sustainability and the commitment to building a net-zero environment and circular economy.”
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In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
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Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
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High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
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Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
Tesla headlights have caused a recall of over 20,000 of the company’s two most popular vehicles, the Model 3 and Model Y, due to the low-beam bulb exceeding the maximum allowed intensity according to federal standards.
Tesla initiated the recall with the National Highway Traffic Safety Administration (NHTSA) this morning, stating that the low-beam output “exceeds the maximum allowed intensity in the outer upper-right and outer upper-left areas of the 10U and 90U zone, as prescribed in FMVSS No. 108.”
Tesla sourced the impacted headlights from Marelli Automotive Lighting, a Mexico-based company. The recall impacts 2020-2023 Model Y vehicles and 2017-2023 Model 3 vehicles. It is estimated that every VIN in this recall is impacted by the defect.
🚨 Tesla is recalling 20,349 2020-23 Model Y vehicles and 2017-23 Model 3 vehicles due to an excessively bright headlamp low beam.
Currently, there is no remedy plan in place, as it is still being developed. pic.twitter.com/y34cIO2U0B
— TESLARATI (@Teslarati) August 11, 2026
Typically, Tesla would remedy recalls of this nature through an Over-the-Air software update, which has been a major focus of criticism by the company and its supporters because the NHTSA still refers to it as a “recall,” even though it requires no action by the vehicle owner. The fix is shipped over the internet and downloaded to the car.
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However, there appears to be a potentially different solution for this problem. Tesla has not developed a remedy for this issue, so it could potentially be on the way. The big issue appears to be the fact that these recalled lamps are out of production, and this is an old body style for both vehicles. The headlights and front-end designs are completely different.
Tesla switched to another supplier when the affected headlight design was discontinued. It plans to begin notifying owners of their remedy options by September 15.
Tesla filed a petition protesting the recall to fix the vehicles’ headlight issue, but the NHTSA denied it. Now, Tesla will come up with a solution to fix it.
Tesla has one big financial question to answer for investors: Morgan Stanley
SpaceX AI investment gamble will make it a big winner, firm says
