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Tesla’s stock (TSLA) is free-falling today as its newly unveiled robot is getting ridiculed, but Elon Musk claims people don’t understand the value.

Tesla’s stock is down 8% today while the Nasdaq is up 2%. This is one of Tesla’s biggest drops of the year, and it comes off of two separate events that happened since the last market close on Friday.

Yesterday Tesla disclosed its Q3 delivery and production results, and it came a bit short of expectations, though it was because of about 20,000 vehicles in transit to customers.

The second event contributing to Tesla’s stock falling is the AI Day event held late on Friday.

The market is still digesting the event, but the general consensus appears to be disappointment, mainly that Tesla didn’t communicate clearly how much closer it is to its goal of delivering a self-driving system.

Tesla did disclose some significant progress with its Dojo supercomputer program and impressive new technologies to improve its self-driving program, but there’s still no clear path to delivering on its promise.

Then there’s the Tesla Bot.

After pulling opinions from analysts and social media, it appears that the consensus is mainly that the two prototypes unveiled were mostly underwhelming.

One of them couldn’t even walk, and the other was barely able to walk and wave to the crowd. Tesla did release some videos of the robot completing other tasks, but those were mostly unimpressive, and it looked like purpose-built robots would make more sense for those tasks.

Musk again said that “only a few people understand the value of Tesla Bot,” and he believes that the humanoid robot can eventually increase economic output by an order of magnitude.

Electrek’s Take

Some of the critics of the Tesla Bot are missing an important point. Yes, it is unimpressive in many ways, especially if you compare the prototypes to what Boston Dynamics has shown so far.

I have seen dozens of comments similar to this one over the last few days:

But Tesla is not trying to make a robot as agile as Boston Dynamics’s products. The company is trying to make a robot that can be useful and manufacturable on a large scale in order to keep the costs down.

We don’t know how much Boston Dynamics’s bipedal robot costs, but we know they’re selling the much smaller dog robot for $75,000, so it’s fair to say that it would be much more expensive than Tesla Bot, which is supposedly going to be “less than $20,000.”

But it’s a fair question to ask about how useful the Tesla Bot could be. I think it’s clear that Tesla is focusing on a fairly high level of dexterity in the hands, the ability to move from one location to the next, and a high level of ability to understand and navigate its environment through Tesla’s computer vision capability.

I do think that there are many use cases for a robot being able to do that.

However, I just don’t understand Musk’s claims that “only a few people understand the value of Tesla Bot,” and I think it comes with a fundamental problem with Musk’s feedback loop.

Anyone who has spent any amount of time thinking about the value of a cheap, useful bipedal humanoid robot understands just how much value it would bring to the economy.

If there’s doubt about the project, there are mainly doubts about Tesla’s ability to deliver such a product, especially because of how behind the automaker is on its self-driving program.

Some skepticism on that front is healthy, but if Tesla can deliver on the product, then yes, the impact is going to be tremendous.

But it looks like Musk needs to reevaluate his own credibility when it comes to that stuff with anyone who is not a superfan. Tesla fans on Twitter telling him how great FSD Beta is and taking everything he says as the gospel is taking a toll.

It results in him thinking that people can’t see his vision just because they have doubts regarding whether or not he can deliver the vision.

Now he has this habit of retweeting people directly quoting him word for word and commenting something like “that’s true” or “exactly,” which is just bizarre.

Musk can deliver on his vision as he has done many times in the past, but he needs to better manage expectations because he has obviously done a terrible job at that with the Tesla Full Self-Driving program.

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Double your chances in Climate XChange’s 10th Annual EV Raffle!

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Double your chances in Climate XChange's 10th Annual EV Raffle!

Climate XChange’s Annual EV Raffle is back for the 10th year running – and for the first time ever, Climate XChange has two raffle options on the table! The nonprofit has helped lucky winners custom-order their ideal EVs for the past decade. Now you have the chance to kick off your holiday season with a brand new EV for as little as $100.

About half of the raffle tickets have been sold so far for each of the raffles – you can see the live ticket count on Climate XChange’s homepage – so your odds of winning are better than ever.

But don’t wait – raffle ticket sales end on December 8!

Climate XChange is working hard to help states transition to a zero-emissions economy. Every ticket you buy supports this mission while giving you a chance to drive home your dream EV.

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Here’s how Climate XChange’s 10th Annual Raffle works:

Image: Climate XChange

The Luxury Raffle

  • Grand Prize: The winner can choose any EV on the market, fully customized up to $120,000. This year, you can split the prize between two EVs if the total is $120,000 or less.
  • Taxes covered: This raffle comes with no strings – Climate XChange also pays all of the taxes.
  • Runner-up prizes: Even if you don’t win the Grand Prize, you still have a chance at the 2nd prize of $12,500 and the 3rd prize of $7,500.
  • Ticket price: $250.
  • Grand Prize Drawing: December 12, 2025.
  • Only 5,000 tickets will be sold for the Luxury Raffle.

The Mini Raffle (New for 2025)

  • Grand Prize: Choose any EV on the market, fully customized, up to $45,000. This is the perfect raffle if you’re ready to make the switch to an EV but aren’t in the market for a luxury model.
  • Taxes covered: Climate XChange pays all the taxes on the Mini Raffle, too.
  • Ticket price: $100.
  • Only 3,500 tickets will be sold for the Mini Raffle.

Why it’s worth entering

For a decade, Climate XChange has run a raffle that’s fair, transparent, and exciting. Every ticket stub is printed, and the entire drawing is live-streamed, including the loading of the raffle drum. Independent auditors also oversee the process.

Plus, your odds on the Luxury and Mini Raffles are far better than most car raffles, and they’re even better if you enter both.

Remember that only 5,000 tickets will be sold for the Luxury Raffle and only 3,500 for the Mini Raffle, and around half of the available tickets have been sold so far, so don’t miss your shot at your dream EV!

Climate XChange personally works with the winners to help them build and order their dream EVs. The winner of the Ninth Annual EV Raffle built a gorgeous storm blue Rivian R1T.

How to enter

Go to CarbonRaffle.org/Electrek before December 8 to buy your ticket. Start dreaming up your perfect EV – and know that no matter what, you’re helping accelerate the shift to clean energy.

Who is Climate XChange?

Climate XChange (CXC) is a nonpartisan nonprofit working to help states pass effective, equitable climate policies because they’re critical in accelerating the transition to a zero-emissions economy. CXC advances state climate policy through its State Climate Policy Network (SCPN) – a community of more than 15,000 advocates and policymakers – and its State Climate Policy Dashboard, a leading data platform for tracking climate action across the US.

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This fun-vibes Honda Cub lookalike electric scooter is now almost half off

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This fun-vibes Honda Cub lookalike electric scooter is now almost half off

The CSC Monterey – one of the most charming little electric scooters on the US market – has dropped to a shockingly low $1,699, down from its original $2,899 MSRP. That’s nearly half off for a full-size, street-legal electric scooter that channels major Honda Super Cub energy, but without the gas, noise, or maintenance of the original.

CSC Motorcycles, based in Azusa, California, has a long history of importing and supporting small-format electric and gas bikes, but the Monterey has always stood out as the brand’s “fun vibes first” model. With its step-through frame, big retro headlight, slim bodywork, and upright seating position, it looks like something from a 1960s postcard – just brought into the modern era with lithium batteries and a brushless hub motor.

I had my first experience on one of these scooters back in 2021, when I reviewed the then-new model here on Electrek. I instantly fell in love with it and even got one for my dad. It now lives at his place and I think he gets just as much joy from looking at it in his garage as riding it.

You can see my review video below.

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The performance is solidly moped-class, which is exactly what it’s designed for. A 2,400W rear hub motor pushes the Monterey up to a claimed 30 mph or 48 km/h (I found it really topped out at closer to 32 mph or 51 km/h), making it perfect for city streets, beach towns, and lower-speed suburban routes.

A 60V, roughly 1.6 kWh removable battery offers around 30–40 miles (48-64 km) of real-world range, depending on how aggressively you twist the throttle. It’s commuter-ready, grocery-run-ready, and campus-ready right out of the crate.

It’s also remarkably approachable. At around 181 pounds (82 kg), the Monterey is light for a sit-down scooter, making it easy to maneuver and park. There’s a small storage cubby, LED lighting, and the usual simple twist-and-go operation. And it comes with full support from CSC, a company that keeps a massive warehouse stocked with components and spare parts.

My sister has a CSC SG250 (I’m still trying to convert her to electric) and has gotten great support from them in the past, including from their mechanics walking her through carburetor questions over the phone. So I know from personal experience that CSC is a great company that stands behind its bikes.

But the real story here is the price. Scooters in this class typically hover between $2,500 and $4,500, and electric retro-style models often jump well above that.

At $1,699, the Monterey is one of the least expensive street-legal electric scooters available from a reputable US distributor, especially one that actually stocks parts and provides phone support.

If you’ve been curious about swapping a few car errands for something electric – or you just want a fun, vintage-styled runabout for getting around town – this is one of the best deals of the year.

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Podcast: Tesla Robotaxi setback, Mercedes-Benz CLA EV, Bollinger is over, and more

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Podcast: Tesla Robotaxi setback, Mercedes-Benz CLA EV, Bollinger is over, and more

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss a big Tesla Robotaxi setback, the new Mercedes-Benz CLA EV, Bollinger is over, and more.

Today’s episode is brought to you by Climate XChange, a nonpartisan nonprofit working to help states pass effective, equitable climate policies. Sales end on Dec. 8th for its 10th annual EV raffle, where participants have multiple opportunities to win their dream model. Visit CarbonRaffle.org/Electrek to learn more.

The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

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After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:

We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the podcast:

Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET:

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