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Tesla CEO Elon Musk joined a twitter space today to speak about the recent moves in TSLA stock and defends his recent actions from Tesla investors who have called for him to stop wasting time on Twitter, which he recently purchased.

Musk has faced many questions about his recent behavior with twitter, as most of his public time recently has involved getting in fights with investors or trying to stop a routine spending bill.

Today he finally went into a public twitter space to talk about these issues, including with Ross Gerber, the aforementioned investor he has been feuding with.

The main point of contention with Gerber has been regarding the source of TSLA’s recent price drop. Musk contends that Fed interest rates are the primary contributor, both because it drives capital flight from equities and into safer bonds as bond yields go up, and because it suppresses demand for consumer products that are often bought with debt, such as autos (or, perhaps, twitter itself, which Musk took on tens of billions in loans to buy).

But investment experts have countered the assertion that fed rates have driven TSLA stock’s fall, saying that Tesla’s performance has underperformed other stocks in the automotive sector even as bond yields have held steady. Surely they’ve had an effect, but Musk is perhaps overstating that effect.

Part of the difference could be related to Musk’s recent large sales of Tesla stock, having sold tens of billions over the course of the last year to fund his twitter acquisition (aka disaster, aka dumpster fire). Generally, insider stock sales send a signal to the market that insiders, particularly the CEO, may not have full confidence in the company’s performance, and add negative pressure to a stock price.

Musk’s sales have happened in a high-profile way and for inopportune reasons, as well. Tesla investors don’t seem to see the upside of these stock sales for the future of Tesla, even though Musk says it will help the EV company in the long term.

Today, Musk stated that he wouldn’t sell any more stock:

“I’m not selling any stock for, I dunno, a minimum of 18-24 months.  You can count on me, no stock sales until 2025 or something. I need to sell some stock just to make sure there’s still some powder dry to account for a worst-case scenario… I won’t sell stock until probably two years from now. Definitely not next year under any circumstances. Probably not the year after either.”

Tesla CEO Elon Musk, Dec 22, twitter space

However, Musk has said this many times before, and has still sold Tesla stock. Despite routinely saying he would be the last person to sell TSLA stock for the last decade, Musk has sold large chunks of stock several times over the last year. So investors may be glad to hear that he is done selling, but they’ve heard that before.

Musk also stated “I’m somewhat paranoid having gone through two really intense recessions,” suggesting that his companies might want cash on hand to weather what he sees as an upcoming recession, or at least some sort of “macro drama.” Musk said, “if we do have another 2009 situation, the stock price of everything is gonna be lower.”

Given that Twitter is a private company wholly owned by him, and Musk’s wealth is largely concentrated in TSLA stock, we’re not sure what other major methods of fundraising are available to Musk to free up more “dry powder” other than selling more Tesla stock or taking on more debt.

On the contrary, Musk even talked about the possibility of a stock buyback. Despite his concern about a recession, he also stated that the stock price is currently low, and said his vote would be for a buyback. Though this statement was couched in the eventuality that we aren’t in another 2008-2009 recession situation, which Musk believes we might be going into.

While many have made note of Musk’s distractions with twitter, he stated that “there’s not an important Tesla meeting I’ve missed the entire time. I’m not totally missing in action” and asked “is there anything I could have done in the last two months that would have helped with Tesla execution? I literally cant think of anything.” But he also referred to twitter colorfully by stating “if you cross catnip with crack, that’s what twitter is” – which is not exactly the sort of statement a person would make about something they aren’t addicted to.

Another question was asked by Earl Banning, known as 28delayslater on twitter, a longtime investor and fan who referred to how Musk’s recent political statements have taken the shine off of Tesla for him and his family (including his children, one of whom is trans, a group that Musk’s tweets have recently negatively targeted). This is something we’ve seen in data, with Tesla losing popular support due to these divisive statements.

Musk said that he doesn’t hate trans people, and “doesn’t want to be a hater of anyone.” Banning attempted to ask a follow-up, but was cut off.

Electrek’s Take

Well, this was quite the spectacle. It was nice to see Musk back to focusing on Tesla for once, after so much nonsense related to twitter for so long.

But it sort of sounded like he was saying whatever anyone wanted to hear. On the one hand, he thinks there will be a recession, and on the other hand, he thinks Tesla could do buybacks. On the one hand, he wants companies to have dry powder ready, but on the other hand, he absolutely will not sell stock in order to free up cash (as he has stated before, and then still sold stock).

So with this recent history of conflicting statements, it’s hard to take any of them seriously. However, the market seems to have been comforted by Musk’s words, as the stock went up about two and a half percent in after hours trading, mostly after his statement that he won’t sell anymore stock.

But as for our answer to one pointed question he asked on the call: “is there anything I could have done in the last two months that would have helped with Tesla execution?”

Yes, there is something. As Gerber said, Tesla has been flagging lately because it has been running without the focus of its CEO. For Tesla to function correctly, it either needs a focused CEO who can aid it in execution (perhaps by stepping down from Twitter, as Musk promised, then reversed that promise), or at the very least a COO who can take the place of the CEO while the CEO is busy with their “catnip crossed with crack.”

SpaceX has this in COO Gwynne Shotwell, who has executed well for that company. Perhaps Tesla needs someone similar (potentially Tom Zhu, head of Tesla China?).

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Tesla deploys its first Superchargers owned by 3rd-party in the US

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Tesla deploys its first Superchargers owned by 3rd-party in the US

Tesla has officially deployed its first Supercharger station owned by a third party in the US, a step in the automaker’s effort to accelerate the charging infrastructure growth while reducing capital expenditure.

The new station, located at a Suncoast Charging in Land O’Lakes, Florida, consists of 8 stalls and is now open to the public.

While Tesla has previously sold Supercharger hardware to other networks – most notably BP Pulse back in 2023 – this site represents a different model.

The station is owned by the host but fully managed by Tesla, meaning it appears and functions exactly like any other Supercharger in the navigation system and app, maintaining the seamless user experience Tesla owners, and now non-Tesla owners, are used to.

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Tesla’s official charging account confirmed the deployment in a post on X today:

This move falls under Tesla’s “Supercharger for Business” program, where property owners can purchase the hardware and pay for installation while Tesla handles the operations, maintenance, and billing.

Up until recently, Tesla owned and operated almost all of its Supercharger network, which has been the company’s most important moat.

However, as the network opens up to non-Tesla EVs with the adoption of NACS (North American Charging Standard), Tesla is transitioning from a purely closed ecosystem to a major energy and service provider for the broader EV market.

By allowing third parties to put up the capital for the stations while Tesla retains control over the software and customer experience, the company can likely deploy stalls much faster than if it were solely reliant on its own balance sheet.

Electrek’s Take

This is a smart move.

We have been saying for years that while the Supercharger network is Tesla’s greatest asset, it is also a capital-intensive beast to feed. Tesla has installed over 70,000 Supercharger posts globally, but to support the millions of EVs hitting the road (both Tesla and NACS-adopting rivals), the network needs to grow exponentially, not linearly.

Tesla’s Supercharger growth has declined since Musk fired the entire charging team, just to rehire many of them after.

Allowing third parties to own the assets solves the capital bottleneck. It’s similar to the franchise model used by gas stations or even fast-food chains – with the main difference being that Tesla owns the pump rather than the gas as the electricity still comes from the electric utilities.

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Hyundai’s 641 HP electric sports car is here, but it will be limited [Images]

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Hyundai's 641 HP electric sports car is here, but it will be limited [Images]

The IONIQ 6 N made its North American debut on Thursday, but Hyundai said it will be sold in limited quantities in the US.

Meet Hyundai’s electric sports car, the IONIQ 6 N

Hyundai said the IONIQ 6 N “redefines the EV driving experience” after unveiling it at the Goodwood Festival of Speed in July.

After launching it in South Korea last month, Hyundai’s electric sports car made its official North American debut at the LA Auto Show on Thursday.

The IONIQ 6 N is Hyundai’s first fully electric sports car and the second EV, following the IONIQ 5, to receive the “N” performance badge. With the IONIQ 5 receiving global recognition as one of the most awarded performance EVs, Hyundai looks to build on it with its latest model.

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Based on a dual motor, all-wheel drive (AWD) powertrain, the IONIQ 6 N packs a monstrous 641 HP and 568 lb-ft of torque, good for a 0 to 60 mph time in just 3.2 seconds.

Hyundai's-electric-sports-car-limited
The Hyundai IONIQ 6 N (Source: Hyundai)

That’s when N Grin Boost and N Launch Control are active, two of the many fun features that unlock the full potential of the vehicle by optimizing power and torque.

N Grin Boost provides a 10-second power boost while the Launch Control feature adjusts torque for maximum traction and acceleration.

Hyundai-IONIQ-6-N-EV-limited
The Hyundai IONIQ 6 N (Source: Hyundai)

Other fun features like N e-Shift and N Active Sound + simulate the sounds and jerk feeling of an internal combustion engine. Hyundai even added an N Track Manager for a customized on-track experience and N Drift Optimizer, for, well, that one’s pretty self-explanatory.

Inside, the IONIQ 6 N features Kia’s new ccNC infotainment with dual 12.3″ driver display and navigation screens with an exclusive N steering wheel and N badging throughout.

Hyundai-IONIQ-6-N-EV-interior-US
The interior of the Hyundai IONIQ 6 N (Source: Hyundai)

Measuring 194.3″ in length, 76.4″ in width, and 58.9″ in height with a wheelbase of 116.7″, the IONIQ 6 N is about the size of a Porsche Taycan, but it’s expected to be about half the cost.

With an upgraded 84 kWh battery, the IONIQ 6 N can recharge from 10% to 80% in as little as 18 minutes using a 350 kW fast charger.

Kia will reveal the projected driving range and prices during a media launch, so check back soon for updates. In Korea, it’s rated with a WLTP range of 291 miles (469 km).

Given that the current highest-priced IONIQ 6 Limited trim starts at $51,100 in the US, you can expect the N variant to start at around $65,000 to $70,000. It will begin arriving at dealerships in 2026, but Hyundai said the IONIQ 6 N will be available in limited quantities in the US.

Along with the launch of the IONIQ 6 N, Hyundai is introducing a range of N Performance Parts for its N-branded vehicles in the US, including the IONIQ 5 N and Elantra N.

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Official Black Friday deals just got even better – up to 70% off with new lows from Anker SOLIX, Segway Navimow + Ninebot, Jackery, more

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Official Black Friday deals just got even better – up to 70% off with new lows from Anker SOLIX, Segway Navimow + Ninebot, Jackery, more

With Amazon having officially kicked off its Black Friday event, we’re seeing many of our favorite brands following suit with updated/expanded lineups of deals – and all the posts we’ve collected for you today feature tons of great returning and new low prices. Leading the group is Anker’s SOLIX Black Friday Sale, which has increased savings up to 70% on power stations, bundles, and accessories, with offers like the latest F3000 Portable Power Station hitting a new $1,199 low (while also getting a FREE protective cover). Behind it is Segway Navimow’s Black Friday event with up to $700 discounts, bonus savings, and new low prices on its robotic lawn mowers – including the first-ever savings on the newest X3 series, all starting from $664. There’s also Heybike’s Hero 750W Mid-Drive All-Terrain e-bike at a new $2,099 low, Segway’s expanded Black Friday EV sale with returning low prices, and even four of Jackery’s newest power stations that are beating out the brand’s direct holiday sale with new low prices on every model, and more waiting for you below. And don’t forget about the hangover deals that are collected together at the bottom of the page, like yesterday’s Mango Power Black Friday power station sale, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Anker’s expanded SOLIX Black Friday Sale increases power station savings up to 70% with new lows starting from $150

Anker SOLIX has launched the next phase of its ongoing Black Friday Sale with increased savings up to 70% across its power stations, bundles, and accessories, giving us the best prices we have seen all year – complete with free gifts with select purchases and at certain price thresholds. Among the expanded lineup, you can score the latest F3000 Portable Power Station starting solo at $1,199 shipped and coming with a FREE protective cover ($99 value), matching in price over at Amazon, though you won’t get the cover there. This new model has been on the market since June carrying a $2,599 full price tag, which we’ve seen go as low as $1,399 up until today. Now, with its Black Friday event in full gear, you’re getting an additional $200 discount to a new all-time low price, giving you a total $1,499 in savings this holiday season. Head below for the full rundown of deals while they’re around.

***Note: We’re seeing a continuation of the four tiers of FREE gifts during Anker’s expanded Black Friday Sale when you spend $2,500 or more, giving you bonus solar panels and power stations. Another thing to remember is that despite saying this sale ends on November 27, Anker regularly extends savings through and past Cyber Monday, so we might just see further deals added in the coming weeks, but there’s no telling for sure.

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If you’re looking for well-rounded backup power support for trips and home backup alike, and don’t want to shell out the money for the more expansive F3800 units, you’ll find a proper companion in Anker’s SOLIX F3000 power station. It kicks off at a 3,072Wh LiFePO4 that can expand up to 24kWh (with bundles available below), and is one of the newer models boasting passthrough charging capabilities when plugged up to a gas generator during grid failures and the like.

It provides a steady output up to 3,600W that can double to 7,200W for greater home backup needs when two stations are linked together, dishing out power to devices, appliances, and more through the 11 output ports (including a TT-30R port for RV backup). On top of the gas generator option previously mentioned, you can also top off the battery using a standard AC outlet or with up to its maximum 2,400W solar input.

Anker’s SOLIX F3000/F3800 Black Friday deals:

Anker’s SOLIX F3800 Plus Black Friday deals:

Anker’s SOLIX essential backup and RV Black Friday deals:

Anker’s 1kWh SOLIX camping-ready Black Friday deals:

Anker’s under 1kWh SOLIX camping-ready Black Friday deals:

Anker’s SOLIX electric cooler Black Friday deals:

You can also find Anker’s SOLIX Black Friday Sale discounts on expansion batteries, solar panels, and other accessories by heading to the main page here.

Black Friday banner with Segway Navimow robotic lawn mowers

Get up to $700 Black Friday savings on Segway Navimow robot mowers, including first discount on new X3 series – from $664

Segway Navimow has officially launched its Black Friday Sale with up to $700 savings (including a bonus sitewide 5% savings code that you can get here) on three of its robotic lawn mower series – one of which being the first-ever savings on the latest X3 series after hitting the market back in spring. These are advanced autonomous assistants that you can hand off mowing duties to, with designs that can cover anywhere from 1/8 acres to 2.5 acres on one full charge – with these robots able to return to their stations and recharge before picking back up, rinsing and repeating until complete. As I mentioned, this is the first-ever savings you can score on the newest X3 series, while the i105 model and the i110 model are hitting new all-time and annual lows thanks to the extra savings you’ll get using the provided promo code – all starting from $664.05 shipped for the i105, which beats out the Amazon pricing.

To see this full Segway Navimow Black Friday lineup of deals (including the bonus savings code), be sure to check out our original coverage of this sale here.

man riding Heybike Hero 750W mid-drive all-terrain e-bike over grass

Heybike increases Black Friday savings on its Hero 750W mid-drive all-terrain e-bike to a new $2,099 low, more

As part of Heybike’s ongoing Black Friday Sale, we wanted to shine a spotlight on the brand’s premium Hero Carbon-Fiber Al-Terrain e-bikes, with the 1,000W rear hub e-bike keeping down at $1,899 shipped, while the 750W mid-drive e-bike is getting increased savings to $2,099 shipped. Normally fetching $2,599 and $3,099 outside of sales, we saw the 1,000W model drop down to its $1,899 low for the first time last month, with this sale retaining that pricing while increasing the savings on the 750W model that comes in $200 lower than we’ve ever tracked. All-in-all, you’re looking at the best prices we have tracked on these higher-end e-bikes, giving you $600 and $1,000 savings while upgrading your ride to handle any terrain you come across.

If you want to learn more about the differences between these two e-bikes, be sure to check out our original coverage of these deals here.

Segway electric scooters and e-bikes for Black Friday Sale

Segway’s official Black Friday sale now live: Best price of the year on latest e-scooters, e-bikes, more starting from $150

Segway has switched gears into its official full Black Friday Sale period, expanding the lineup of EV deals we’ve been seeing up until now alongside increasing savings for the best prices of the year. One notable model returning to its best price is the ZT3 Pro All-Terrain Electric Scooter at $849.99 shipped, which matches in price over at Amazon. While it carries a $1,300 MSRP directly from the brand, you can more often find it only fetching $1,000 at full price, with this all-time low price having only appeared during July and October’s Prime Day sales events. You’re getting another shot at $150 off the going rate (and $450 off the MSRP), giving you multi-terrain conquering commuting/joyriding power at the best price we have tracked.

If you want to learn more about this all-terrain e-scooter, or browse the massive expanded lineup of deals, be sure to check out our original coverage of this full Black Friday Sale here.

Four Jackery power stations being used to power various devices

Jackery’s Explorer 1000, 2000, 3000 V2 + 5000 Plus power stations are all hitting new Black Friday lows from $332

Wellbots is undercutting the Black Friday Sale pricing from Jackery on four particular power stations, giving you new low prices during the biggest holiday shopping season. Starting off at the smallest of these units for camping and moving up to whole-home backup companions, you can find the Explorer 1000 V2 Portable Power Station down at $331.55 shippedafter using the on-page promo code JACK5 at checkout, which beats out Amazon’s pricing by $17 and Jackery’s direct pricing by $67. It’s been initially dropped from its full $799 price to $349, which goes $17 lower thanks to the bonus savings code, which provides an up to $467 markdown to a new all-time low price. Be sure to check out the other new low prices below while they’re still around.

If you want to browse the full lineup of new low prices on these power stations, be sure to check out our original coverage of these deals here.

Best Fall EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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