A SpaceX/Tesla Merger Could Trigger Musk’s $1T Pay Package Automatically
Elon Musk’s $56 billion, 12‑tranche performance‑based compensation at Tesla can be triggered automatically if a change‑in‑control event, such as a merger, occurs, bypassing the operational milestones. A pending SpaceX IPO and a recent Nasdaq rule allowing a rapid listing could facilitate an all‑stock merger between SpaceX and Tesla, effectively unlocking the full payout. The merger would inflate market capitalization, letting Musk claim the trillion‑dollar award without delivering the promised vehicle, FSD, or robotaxi targets. Such a move would dilute existing shareholders, including retirement‑fund investors, and raise governance concerns.
Tesla’s ‘Full Self-Driving’ Fraud Lawsuit Gets First Hearing in China — 10 Owners Seek $583K
A Beijing court heard a consumer‑fraud suit by ten Tesla owners who paid roughly ¥56,000 ($7,800) each for the Full Self‑Driving (FSD) package. The plaintiffs allege Tesla misled them about imminent autonomous capability and concealed hardware limits, seeking ¥3.95 million ($583,000)...
CT Keeps Home Solar Incentive Alive Through 2035, Batteries Are the Big Winners
Connecticut’s Senate approved House Bill 5340, extending the Residential Renewable Energy Solutions (RRES) program and community‑solar incentives through 2035. Starting in 2028, incentive caps will apply only to rooftop solar without storage, while solar‑plus‑battery systems remain exempt. The legislation also avoided...
Podcast: Tesla Robotaxi Numbers, Ferrari’s Controversial Luce Launches, Waymo Ojai, and More
Electrek’s weekly podcast aired Friday, covering a range of sustainable‑transport headlines, including Tesla’s shrinking robotaxi fleet, internal doubts about Full Self‑Driving safety, Rivian’s efficiency‑matched R2, Ferrari’s controversial Luce launch, and Waymo’s new Ojai robotaxi service. The episode started an hour...
Rivian R2 Matches Tesla Model Y Efficiency Despite Bigger, Heavier Body
Rivian’s new R2 Performance model posted EPA ratings that equal Tesla’s Model Y Performance, delivering 105 MPGe combined and using 32 kWh per 100 miles. Despite a boxier shape and an extra 800 lb of weight, the R2 achieves a 330‑mile EPA range, 24 miles...
US Clean Energy Is Booming and Unraveling at the Same Time
Developers announced 54 utility‑scale solar, wind and battery projects in Q1 2026, representing roughly $18 billion and over 12 GW of capacity – enough for about 2 million homes. The rush is driven by a looming July 4 deadline tied to federal clean‑energy tax incentives...
BYD’s 5-Minute Charging Luxury EV Is Catching on as Deliveries Top 10,000
BYD’s luxury sub‑brand Denza has delivered more than 10,000 Z9 GT units in China within three months of its March launch, leveraging the new 122 kWh Blade Battery 2.0 and Flash Charging technology that can add 60% charge in five minutes. The...
The Kia EV3 Wins the Highest-Rated EV in a New German Comparison Test
Kia’s compact EV3 has become a European bestseller, offering up to a 375‑mile range and a starting price of about €36,000 (≈ $42,000). In Auto Zeitung’s rigorous German comparison, the EV3 earned 3,039 points, outscoring rivals such as Renault 4 E‑Tech and BYD Atto 2 across...
Tesla’s Own AI Trainers Don’t Trust ‘Full Self-Driving’ or Its Safety Stats, Reuters Finds
Reuters uncovered that Tesla’s Full Self‑Driving (FSD) safety statistics are inflated threefold because the company compared airbag‑deployment crashes in its fleet to a broader set of tow‑truck crashes in federal data. Interviews with nine former Tesla data labelers and a...
Yet Another Honda Electric Motorcycle Is Proving Batteries May Beat Combustion
At the opening round of the 2026 TrialGP World Championship in Japan, Honda’s RTL Electric trial bike placed fifth overall, marking the first competitive showing of an electric motorcycle in the series’ premier class. The bike’s strong low‑speed torque and...
Philadelphia Just Announced 435 More EV Charging Ports
Philadelphia announced the addition of roughly 435 new public EV charging ports, combining DC fast‑charging and Level 2 stations across the city. The rollout is being executed with PositivEnergy, which offers a Charging‑as‑a‑Service model focused on reliability and long‑term durability. City...
Tesla (TSLA) and SpaceX Merger Would Be Musk’s 4th Billion-Dollar Self-Deal
Elon Musk is reportedly weighing a merger of Tesla and SpaceX ahead of SpaceX’s planned IPO, which could value the rocket firm at up to $1.75 trillion and raise about $75 billion. A combined Tesla‑SpaceX entity would exceed $3 trillion, making it the...
Honda’s Affordable EV Hot Hatch Is ‘Selling Like Hotcakes,’ Priced at $21,000
Honda launched the Super‑One, an affordable electric hot hatch priced at ¥3,390,200 (about $21,300), and recorded more than 7,000 pre‑orders within a month of opening reservations in Japan. The model builds on the N‑ONE e platform, offering 63 hp standard output and...
These Dutch Students Are Bringing a World Champion Solar Car to the 2026 Electrek American Solar Challenge
The Delft Solar Team, a 14‑member Dutch university crew, will debut its refined Nuna 13S solar car at the July 2026 Electrek Formula Sun Grand Prix and American Solar Challenge in Minnesota. Nuna 13S builds on the 2025 champion with new solar...
New Bill Could Change How E-Bikes Are Labeled and Sold
Delaware House Bill 439, the “Truth in E‑Bike Marketing Act,” would force dealers to label electric mopeds and motorcycles accurately, prohibiting them from being marketed as e‑bikes unless they meet the state’s definition. The legislation mandates written disclosures on vehicle...