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When CEO Elon Musk reflects on the last decade, he grounds himself in Tesla company goals that were designed to spur the world’s transition to clean energy. Today, he is practical yet optimistic — he sees a future in which energy production moves from reliance on fossil fuels to pragmatic sustainable energy generation. A pervasive and systematic global shift to renewables is a core vision.

“My expectation is not like that the energy production must be pure as the driven snow, but it also cannot be using the world’s dirtiest coal, which it was for a moment there,” Musk said in his role as panelist at The B Word conference, which was focused on bitcoin and other cryptocurrencies. “So, you know, that’s just difficult for Tesla to support in that situation. I do think long-term renewable energy will actually be the cheapest form of energy — it just doesn’t happen overnight.”

Musk explained during the conference panel discussion that energy storage systems, combined with solar and wind, aren’t the only ways to transition bitcoin to cleaner energy. He endorsed drawing upon existing hydropower, geothermal, and nuclear energy sources to reduce the environmental impact of bitcoin mining.

Square Crypto lead commentator Steve Lee asked Musk his advice about what can the energy-intensive bitcoin industry do “to accelerate the transition to renewable energy.” He also interjected, “Could Tesla Energy play a role?”

Musk replied, “Well, I think Tesla can play a role.”

Musk Reflects on the Tesla Journey

Musk’s capacity to excel in tangible innovations, such as batteries, all-electric cars, and rockets, is often in conflict with a risk-averse and heavily-regulated corporate and government environment. Yet he has shown that the US can be a center again for manufacturing at a time when most have moved off seas.

Tesla has installed a number of utility-scale energy storage systems, Musk reminded his bitcoin audience, that have helped utilities with “load-leveling the grid,” including in South Australia and elsewhere. But he noted that battery production was currently constraining production.

In a Twitter exchange with fans after The B Word Conference, Musk wrote that Tesla is still “not quite done” getting to “volume production” of its custom-designed 4680 battery cells.

“In fact, the limiting factor for us right now is cell production,” he noted. “So we need to both internally get our Tesla internal battery cells produced as well as increase supply from suppliers.”

Musk also repeated that, even once Tesla can make its own battery cells, it will still rely on other battery cell makers. Its current cell suppliers include Panasonic, LG, and CATL.

“Generally, when I talk to our suppliers and they say ‘how many cells would you like?’ I say ‘how many cells can you make?’ You know, ’cause sometimes they’re concerned. Is Tesla gonna compete with them on cells? I’m like, ‘No no, if you want to make the cells, be our guest.’ It’s just that we need a crazy number of batteries.”

Stories that Chronicle How Musk Reflects

Two new books — both written with Musk’s cooperation — peer into the mindset that made Musk the entrepreneurial genius of his times.

  • Liftoff by Eric Berger reviews the highs and lows of the SpaceX early years.
  • Power Play by Tim Higgins traces Tesla’s tumultuous journey from the launch of the 2009 Roadster, onto the Model S luxury sedan, and then to the mass appeal Model 3 — now the world’s best-selling electric car.

A New York Times book review chronicles the 2 books and Musk’s stormy rise to success.

In 2008, the Great Recession had hit the US. This sharp decline in economic activity, caused by the abrupt rise and fall of the US housing market due to mortgage-backed securities speculation and derivatives, hit many sectors. Musk assembled his top execs and admitted that Tesla was in real trouble — ready to run out of money. Millions of dollars of customer deposits for the Roadster had already been expended without deliveries. Replacing the existing CEO with himself, Musk cut 25% of the Tesla workforce, realizing that only 3 weeks of cash remained.

But on his BlackBerry was an image of the Model S luxury sedan that he envisioned as the next auto in the Tesla catalog. He borrowed the necessary funding to keep the company afloat and prodded his investors to match him.

When he received confirmation that the investors would back his idea for the company redirection, Musk was quite emotional. “All of his fortune was now on the line,” Higgins writes. “From the depths of the Great Recession, he’d done something that other US automakers were unable to do: avoid bankruptcy.”

Musk reflected on his feelings at that moment in time. “It felt like I had been taken out to the firing squad, and been blindfolded,” he admitted. “Then they fired the guns, which went click. No bullets came out. And then they let you free. Sure, it feels great. But you’re pretty [expletive] nervous.”

What Musk Knows Matters

What makes Elon Musk different than his competitors? He has a deep knowledge of the physics, thermodynamics, and technology underlying his products. Thus, he knows what boundaries he can push. “In meetings, Musk might ask his engineers to do something that, on the face of it, seemed absurd,” Berger writes. “When they protested that it was impossible, Musk would respond with a question designed to open their minds to the problem, and potential solutions. He would ask, ‘What would it take?’”

In an incredibly honest exchange at the bitcoin conference, Musk opened up to the audience.

“I would say I’ve had some pretty tough life experiences,” Musk revealed, “and Tesla’s probably responsible for two-thirds of all personal and professional pain combined, to give you a sense of perspective there.”

But in the same week, one of Musk’s fans attempted to assuage Musk’s admitted turmoil. The account user  — named the “Pope of Muskanity” — featured a clip from the popular video game Super Mario Bros. in a tweet. The character Mario had to wade past a variety of tough challenges and obstacles to win the game. The accompanying tweet noted, “How hard it is for Elon Musk to avoid controversies.”

The user tagged the Tesla CEO, who decided to react. “Although to be fair, I dig my own grave a lot.” He included some laughing emojis in his response.

The “Pope of Muskanity” continued the conversation, adding a tweet that contemplated the ideal of freedom. “Freedom of speech and freedom of thought are only actually positives if you act and think like you’re expected to, Master Elon! PS: Don’t worry, we faithful appreciate your candor.”

We’ve all watched Elon Musk navigate a spectrum of emotions in his public role as Tesla CEO –ranging from high anxiety to jubilant glee. He admits to his own foibles, such as the “significant mistakes” the company made in its Solar Roof project, which has had delays and cost overruns. He stated that the Cybertruck might flop, but said he doesn’t care, as he loves its unusual trapezoid-like design.

He’s often filtered, sometimes quick to react, and always eager to promote Tesla. Elon Musk reflects and previews, explains and exclaims, but he is always an inspiration for us who hope to live in a sustainable world one day. As Musk reflects on his rise to prominence, he offers us instruction about the ways that we, too, must self-assess yet move on with the will to transcend forks in the proverbial road.

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BMW ups the ante with the fastest, most powerful electric maxi-scooter

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BMW ups the ante with the fastest, most powerful electric maxi-scooter

BMW Motorrad’s futuristic electric scooter just got its first real refresh since beginning production in 2021. The BMW CE 04, already one of the most capable and stylish electric maxi-scooters on the market, now gets a set of upgraded trim options, new aesthetic touches, and a more robust list of features that aim to make this urban commuter even more appealing to riders looking for serious electric performance on two wheels.

The BMW CE 04 has always stood out for its sci-fi styling and high-performance drivetrain. It’s built on a mid-mounted liquid-cooled motor that puts out 31 kW (42 hp) and 62 Nm of torque. That’s enough to rocket the scooter from 0 to 50 km/h (31 mph) in just 2.6 seconds – quite fast for anything with a step-through frame.

The top speed is electronically limited to 120 km/h (75 mph), making it perfectly capable for city riding and fast enough to hold its own on highway stretches. Range is rated at 130 km (81 miles) on the WMTC cycle, thanks to the 8.9 kWh battery pack tucked low in the frame.

But while the core performance hasn’t changed, BMW’s 2025 update focuses on refining the package and giving riders more options to tailor the scooter to their taste. The new CE 04 is available in three trims: Basic, Avantgarde, and Exclusive.

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The Basic trim keeps things clean and classic with a Lightwhite paint scheme and a clear windshield. It’s subtle, sleek, and very much in line with the CE 04’s clean-lined aesthetic. The Avantgarde model adds a splash of color with a Gravity Blue main body and bright São Paulo Yellow accents, along with a dark windshield and a laser-engraved rim. The top-shelf Exclusive trim is where things get fancy, with a premium Spacesilver metallic paint job, upgraded wind protection, heated grips, a luxury embroidered seat, and its own unique engraved rim treatment.

There are also a few new tech upgrades baked into the options list. Riders can now spec a 6.9 kW quick charger that reduces the 0–80% charge time to just 45 minutes (down from nearly 4 hours with the standard 2.3 kW onboard charger). Tire pressure monitoring, a center stand, and BMW’s “Headlight Pro” adaptive lighting system are also available as add-ons, along with an emergency eCall system and Dynamic Traction Control.

BMW has kept the core riding components in place: a steel-tube chassis, 15-inch wheels, Bosch ABS (with optional ABS Pro), and the impressive 10.25” TFT display with integrated navigation and smartphone connectivity. The under-seat storage still swallows a full-face helmet, and the long, low frame design means the scooter looks like something out of Blade Runner but rides like a luxury commuter.

With these updates, BMW seems to be further cementing the CE 04’s role at the high end of the electric scooter market. It’s not cheap, starting around €12,000 in Europe and around US $12,500 in the US, with prices going up from there depending on configuration. However, the maxi-scooter delivers real motorcycle-grade performance in a package that’s easier to live with for daily riders.

Electrek’s Take

I believe that the CE 04’s biggest strength has always been that it’s not trying to be a toy or a gimmick. It’s a real vehicle. Sure, it’s futuristic and funky looking, but it delivers on its promises. And in a market that’s still surprisingly sparse when it comes to premium electric scooters, BMW has had the lane mostly to itself. That may not last forever, though. LiveWire, Harley-Davidson’s electric spin-off brand, has teased plans for a maxi-scooter-style urban electric vehicle in the coming years, but as of now, it remains something of an undefined future plan.

Meanwhile, BMW is delivering not just a concept bike but a mature, well-equipped, and ready-to-ride electric scooter that keeps improving. For riders who want something faster and more capable than a Class 3 e-bike but aren’t ready to jump to a full-size electric motorcycle, the CE 04 hits a sweet spot. It delivers the performance and capability of a commuter e-motorcycle, yet with the approachability of a scooter. And with these new trims and upgrades, it’s doing it with even more style.

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I found this cheap Chinese e-cargo trike that hauls more than your car!

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I found this cheap Chinese e-cargo trike that hauls more than your car!

If you’ve ever wondered what happens when you combine a fruit cart, a cargo bike, and a Piaggio Ape all in one vehicle, now you’ve got your answer. I submit, for your approval, this week’s feature for the Awesomely Weird Alibaba Electric Vehicle of the Week column – and it’s a beautiful doozie.

Feast your eyes on this salad slinging, coleslaw cruising, tuber taxiing produce chariot!

I think this electric vegetable trike might finally scratch the itch long felt by many of my readers. It seems every time I cover an electric trike, even the really cool ones, I always get commenters poo-poo-ing it for having two wheels in the rear instead of two wheels in the front. Well, here you go, folks!

Designed with two front wheels for maximum stability, this trike keeps your cucumbers in check through every corner. Because trust me, you don’t want to hit a pothole and suddenly be juggling peaches like you’re in Cirque du Soleil: Farmers Market Edition.

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To avoid the extra cost of designing a linked steering system for a pair of front wheels, the engineers who brought this salad shuttle to life simply side-stepped that complexity altogether by steering the entire fixed front end. I’ve got articulating electric tractors that steer like this, and so if it works for a several-ton work machine, it should work for a couple hundred pounds of cargo bike.

Featuring a giant cargo bed up front with four cascading fruit baskets set up for roadside sales, this cargo bike is something of a blank slate. Sure, you could monetize grandma’s vegetable garden, or you could fill it with your own ideas and concoctions. Our exceedingly talented graphics wizard sees it as the perfect coffee and pastry e-bike for my new startup, The Handlebarista, and I’m not one to argue. Basically, the sky is the limit with a blank slate bike like this!

Sure, the quality doesn’t quite match something like a fancy Tern cargo bike. The rim brakes aren’t exactly confidence-inspiring, but at least there are three of them. And if they should all give out, or just not quite slow you down enough to avoid that quickly approaching brick wall, then at least you’ve got a couple hundred pounds of tomatoes as a tasty crumple zone.

The electrical system does seem a bit underpowered. With a 36V battery and a 250W motor, I don’t know if one-third of a horsepower is enough to haul a full load to the local farmer’s market. But I guess if the weight is a bit much for the little motor, you could always do some snacking along the way. On the other hand, all the pictures seem to show a non-electric version. So if this cart is presumably mobile on pedal power alone, then that extra motor assist, however small, is going to feel like a very welcome guest.

The $950 price is presumably for the electric version, since that’s what’s in the title of the listing, though I wouldn’t get too excited just yet. I’ve bought a LOT of stuff on Alibaba, including many electric vehicles, and the too-good-to-be-true price is always exactly that. In my experience, you can multiply the Alibaba price by 3-4x to get the actual landed price for things like these. Even so, $3,000-$4,000 wouldn’t be a terrible price, considering a lot of electric trikes stateside already cost that much and don’t even come with a quad-set of vegetable baskets on board!

I should also put my normal caveat in here about not actually buying one of these. Please, please don’t try to buy one of these awesome cargo e-trikes. This is a silly, tongue-in-cheek weekend column where I scour the ever-entertaining underbelly of China’s massive e-commerce site Alibaba in search of fun, quirky, and just plain awesomely weird electric vehicles. While I’ve successfully bought several fun things on the platform, I’ve also gotten scammed more than once, so this is not for the timid or the tight-budgeted among us.

That isn’t to say that some of my more stubborn readers haven’t followed in my footsteps before, ignoring my advice and setting out on their own wild journey. But please don’t be the one who risks it all and gets nothing in return. Don’t say I didn’t warn you; this is the warning.

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OPEC+ members agree to larger-than-expected oil production hike in August

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OPEC+ members agree to larger-than-expected oil production hike in August

The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024.

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Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase their collective crude production by 548,000 barrels per day, as they continue to unwind a set of voluntary supply cuts.

This subset of the alliance — comprising heavyweight producers Russia and Saudi Arabia, alongside Algeria, Iraq, Kazakhstan, Kuwait, Oman and the United Arab Emirates — met digitally earlier in the day. They had been expected to increase their output by a smaller 411,000 barrels per day.

In a statement, the OPEC Secretariat attributed the countries’ decision to raise August daily output by 548,000 barrels to “a steady global economic outlook and current healthy market fundamentals, as reflected in the low oil inventories.”

The eight producers have been implementing two sets of voluntary production cuts outside of the broader OPEC+ coalition’s formal policy.

One, totaling 1.66 million barrels per day, stays in effect until the end of next year.

Under the second strategy, the countries reduced their production by an additional 2.2 million barrels per day until the end of the first quarter.

They initially set out to boost their production by 137,000 barrels per day every month until September 2026, but only sustained that pace in April. The group then tripled the hike to 411,000 barrels per day in each of May, June, and July — and is further accelerating the pace of their increases in August.

Oil prices were briefly boosted in recent weeks by the seasonal summer spike in demand and the 12-day war between Israel and Iran, which threatened both Tehran’s supplies and raised concerns over potential disruptions of supplies transported through the key Strait of Hormuz.

At the end of the Friday session, oil futures settled at $68.30 per barrel for the September-expiration Ice Brent contract and at $66.50 per barrel for front month-August Nymex U.S. West Texas Intermediate crude.

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