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Students around the US are now heading back to college, but there’s one thing many of them won’t be able to bring with them: electric bikes and e-scooters. Several campuses are joining a growing movement in higher education, banning these efficient transportation alternatives.

Electric bicycles, which are similar to pedal bicycles with an additional small battery and motor, have proven to be an incredibly popular choice for university students navigating campuses and college towns.

They’re easier to ride than a pedal bicycle, don’t require arriving to class sweaty, and are also much less expensive than owning a car. Other advantages such as free parking and minimal upkeep also make them ideal for students.

E-bikes, which usually cost between $1,000- $4,000, are fairly expensive compared to pedal bikes, and thus many students keep them in their dorm room or apartment to prevent theft.

But many colleges are starting to ban these popular and environmentally-friendly forms of transportation, either from being kept in dorm rooms or from being used anywhere on campus. So far we’ve seen two main reasons for these bans, both of which are claimed to be rooted in safety.

ride1up 700 series

Fires and collisions

The two main issues at the heart of the debate around e-bikes and e-scooters on campuses relate to fire safety and collisions with pedestrians.

E-bike fires have grabbed headlines over the last year. There have been several deadly apartment fires in NYC that have been traced back to e-bike battery fires started during overnight charging.

While e-bike fires are incredibly rare (every day millions of e-bikes are charged without a fire), the small yet growing number of examples from cheaply-made electric bikes underscores that the issue can still prove lethal.

E-bike riders that flaunt traffic rules or ride aggressively on sidewalks around pedestrians have also lead to an increasing number of collisions, often injuring pedestrians. The problem can be exacerbated on college campuses that have a large number of students, meaning a penchant for riskier riding in an area with more pedestrians on their phones and oblivious to their surroundings.

Those two issues, fire safety and pedestrian injuries, are commonly cited among a growing number of universities telling students not to bring e-bikes and e-scooters to campus.

fuell flluid electric bike

Boston College administrators sent a letter out to students earlier this year citing both examples in their campus scooter ban:

“In recent weeks, Boston College administrators have become increasingly concerned about the use of e-scooters and other electric transportation devices on campus, especially in regard to the health and personal safety of riders, pedestrians, and building occupant. Many faculty, staff, and students have reported near-collisions and limited access to facilities because of scooters, and recharging lithium batteries in such vehicles has resulted in numerous fires around the United States.  Additionally, a number of BC students have suffered injuries from e-scooter falls, and such accidents have caused serious injuries on college campuses across the country.”

Fordham University, in New York City, banned any transportation device powered by a battery.

San Diego State University instituted a similar ban on battery-powered personal transportation devices, though reversed the decision after significant backlash.

Some campuses haven’t banned e-bikes outright, but won’t allow students to store them on campus, which often becomes a de facto ban.

Yale University recently sent out an email to all students announcing a new policy banning e-bikes both in on-campus housing as well as in the courtyards of buildings.

diamondback electric bike union

Electrek’s Take

I think these kind of heavy-handed regulations and blanket bans are an overreaction, doing more harm than good.

I could spend all day linking studies that show the tremendous benefits of e-bikes. Want to get to class faster, save money on public transportation and avoid rounding out with the freshmen fifteen all at the same time? Use an electric bike!

I know that when I was in college, there were times when I couldn’t physically get from one class to another in time due to the distance. I had two classes a half mile apart with ten minutes to get there. While that’s runnable, doing so with all your books and then navigating campus buildings makes it all but impossible. With an e-bike though, it’d be a snap. And that’s one of the many reasons that so many students turn to e-bikes. It’s the reason I did. This was back in 2009, and the next year I became the first person on campus with an e-bike. Hell, I was probably the first person in the city with an e-bike. So I’m not talking theoretically here – I’ve been in the student trenches and I know what a difference having an e-bike on campus makes for personal mobility. And it’s not just about getting to class on time. Getting around the city when you don’t own a car can be tough, but an e-bike makes it both easy and enjoyable.

I don’t mean to make light of the real safety concerns, but I think there is room for balanced solutions. Campuses can mandate that only UL-listed e-bikes are allowed on campus. The number of e-bikes fitting that list is growing every day. It’s easy to require students to show up at a campus office with their ride and get a sticker for it. No parking sticker? Don’t bring your non-UL-listed e-bike to campus.

For hooligan riding, just fine the hell out of them. College students are broke. I remember buying the $4.90 pizza that tasted like crap because the $5.00 halfway decent pizza across the street was more expensive. Put the fear of fines into students. Getting caught riding on sidewalks or riding recklessly can be policed into a manageable situation. Hell, put a bounty on it. Let students take pictures of someone riding recklessly and text it to campus police (who, let’s face it, usually aren’t overburdened with solving the case of the century most of the time). A $20 gift card to the campus bookstore is a small price to pay to cut down on the few bad apples that ruin it for all the responsible students just trying to mind their own business and ride safely to class.

In summary: stop banning e-bikes. Just incentivize safe, responsible e-bike use and punish rule breaking. That’s how society works. Why not start college students on it a few years earlier?

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Elon Musk breaks his own Tesla (TSLA) earnings rule in desperate move

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Elon Musk breaks his own Tesla (TSLA) earnings rule in desperate move

Elon Musk is breaking his own rule of not making announcements during Tesla earnings as the CEO appears desperate amid a brand crisis.

Tesla and its CEO, Elon Musk, do not report the most typical earnings.

Earlier in Tesla’s run as a public company, Musk had often been combative with Wall Street analysts. Tesla became one of the first major companies to prioritize taking softball questions from retail investors over more challenging questions from analysts.

In 2021, Musk even said that he would stop attending most Tesla earnings calls, which is highly unusual for the CEO of a major publicly traded company:

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“I will no longer be the default during earnings calls. Going forward, I will most likely not be on earnings calls unless there’s something really important that I need to say.”

However, he ended up attending virtually all Tesla earnings calls after making that comment.

Musk has also often said that “Tesla earnings calls are not a place for product announcements” and has shut down the idea of using the platform for revealing new information about the company.

The CEO appears to be moving away from that amid a crisis at Tesla.

Tesla has confirmed that, along with its earnings on Tuesday, the automaker will also hold a “live company update”:

In addition to posting first quarter results, Tesla management will hold a live company update and question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time).

This is the first time Tesla has announced something like that.

It comes after Tesla also held an all-hands meeting publicly for the first time just a month ago.

This is happening amid a significant crisis at Tesla. The company experienced its first year of declining sales in 2024, and the decline accelerated in 2025 amid boycotts and protests over Musk’s involvement in politics.

Tesla’s sales are declining, gross margins are shrinking, the Cybertruck is proving to be a commercial flop, and Tesla owners are selling their vehicles in mass to distance themselves from the increasingly more controversial CEO.

Musk held the all-hands meeting publicly amid this crisis and sort of used the event to promote Tesla’s products and more directly, its stock.

Tesla’s stock is down 40% year-to-date, and it’s currently down 4% in pre-market trading a day before the earnings.

What could Tesla announce at the “company update”?

Musk’s public all-hands meeting, along with the attachment of a “company update” to the earnings, both appear to be desperation moves amid a declining stock price and brand crisis at Tesla.

With Tesla delivering ~40,000 fewer vehicles in Q1 2025 versus last year, the automaker is expected to have a tough quarter, which the CEO doesn’t want to pile onto an already long series of bad news.

Last Friday, Reuters released a report claiming a delay in Tesla’s launch of its previously announced, more affordable EV in the US. More importantly, the report appears to make more people understand that Tesla’s upcoming “more affordable EV” is simply a stripped-down Model Y.

Musk may use this “company update” to clarify Tesla’s plans for more affordable EVs, but if they are not ready to go into production right away, it’s unlikely, as the CEO wouldn’t want to fall into the Osborne effect.

It’s more likely that Musk will stick to the same stock-pumping approach he has in the last few years: self-driving and robotics.

The CEO has repeatedly said that Tesla is worth nothing if it doesn’t solve self-driving, and he more recently added that he sees Tesla becoming the most valuable company in the world with its humanoid robots.

I would expect Tesla’s “company update” to focus on those areas.

Musk will likely release more detailed plans about the planned launch of the “unsupervised self-driving” ride-hailing fleet in Austin. We previously reported that Tesla will use the launch of the geo-fenced, teleoperation-assisted fleet as a “win” in self-driving despite being an approach similar to what Waymo has been doing for years and that Musk has been criticizing as unscalable.

It’s a moving of the goalpost compared to Tesla’s previous promises of customer vehicles becoming capable of robotaxi self-driving.

The unveiling of the latest generation of Optimus, Tesla’s humanoid robot, also wouldn’t be surprising.

Tesla has made impressive progress on the robotics side of things with its latest prototypes, but all previous demonstrations of the robots included teleoperation by humans. Until that’s a thing of the past, the Optimus robot has only minimal use cases and value. It will be something to look out for.

Along with these potential product announcements, it is also possible that Musk will announce a proposal for Tesla to invest in xAi, which he would likely present in conjunction with the integration of Grok in Tesla vehicles and robots.

Electrek’s Take

You can sense the desperation here. Tesla is afraid that the earnings will send the stock spiraling further down, and it plans a little pumping session at the same time to compensate.

I am curious to see whether it works or not. Lately, I think the stock more closely relate to whether or not people believe Musk’s claims than anything else and certainly not fundamentals.

With Tesla’s earnings anticipated to decline in the upcoming report and future earnings likely adjusted down, Tesla will trade at record-high price-to-earnings and future earnings ratios.

Every time that happened, Tesla’s stock somewhat quickly readjusted. Still, it will be interesting to see if whatever Musk announces at the “company update” can prevent that from happening, or if Tesla shareholders will start to question whether Musk’s views on Tesla’s self-driving and robotic efforts are accurate.

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Gold surges to a record above $3,400 as Trump threatens Fed independence

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Gold surges to a record above ,400 as Trump threatens Fed independence

A one kilogram gold bar at Gold Investments Ltd. bullion dealers arranged in London, UK, on Thursday, April 3, 2025. Gold retreated on Thursday, after notching its latest record, after President Donald Trump triggered tumult on global markets with sweeping “reciprocal” tariffs.

Chris Ratcliffe | Bloomberg | Getty Images

Gold prices broke $3,400 on Monday, hitting a new record as President Donald Trump’s threats against the Federal Reserve’s independence and his tariffs shake investor confidence in the U.S. economy.

Gold futures jumped 3.15% to $3,433.10 per ounce by 9:56 a.m. ET on Monday, with investors buying the precious metal as the dollar hit a three-year low. Gold has jumped about 30% since the start of the year and more than 8% since Trump unveiled his sweeping tariffs on April 2.

The president ramped up pressure on Fed Chair Jerome Powell on Monday, calling him a “major loser” and demanding that the central bank lower interest rates now.

Trump said last Thursday that Powell’s “termination cannot come fast enough,” after the U.S. central bank chief warned that the president’s tariffs will likely increase inflation in the near term. Trump is looking into whether he can fire Powell, White House economic advisor Kevin Hassett said Friday.

Gold has been on a tear this year as confidence in the U.S. falls and central banks buy up the precious metal. Citi sees gold prices rallying to $3,500 over the next three months as investment demand outstrips supply from mining.

“We estimate that tariff-related US and global growth concerns are likely to continue to combine with strong central bank and other institutional demand,” analysts led by Kenny Hu told clients in a recent note.

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All the best EV rebate and cash back deals we could find for April 2025 (and PHEV)

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All the best EV rebate and cash back deals we could find for April 2025 (and PHEV)

Cynics will point at big rebates and claim they mean the vehicle isn’t selling, but that just exposes them for the industry noobs that they are. A rebate is a powerful financial tool that helps dealers overcome obstacles like negative equity, poor credit, and down payment requirements and get you to drive home in the car of your dreams today.

So if you’re dealing with any of the above, but still hope to slide behind the wheel of a new EV before new tariffs kick in, pay attention: these EVs could get you behind the wheel of a new electric ride sooner than you think!

As I was putting this list together, I realized there were plenty of ways for me to present this information. “Biggest EV incentive deals ..?” Not everyone qualifies for every rebate. “Most stackable EV rebates ..?” Too confusing. In the end, I went with national cash back offers and chose to present them in alphabetical order, by make. And, as for which deals are new this month? You’re just gonna have to read the article. Enjoy!

BMW XM

BMW XM; via BMW.

It may look like an angry space beaver on the outside, but BMW advertises itself as the Ultimate Driving Machine, not the Ultimate Style Machine — and by all accounts, the big BMW PHEV is one, if not the best-handling big SUVs out there.

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With up to 30 miles of all electric range and a powerful V8 engine, it’s not savaing any trees, but now through April 30th, all versions of the plug-in hybrid offer $12,500 in lease or APR cash. If you’re financing your XM PHEV, BMW Financial is also offering 3.99% financing for up to 60 months, with a 72-month option at 4.49% APR.

Chevy BrightDrop

Chevrolet BrightDrop ZEVO; via GM.

We recently highlighted a Costco offer that stacks a $25,500 manufacturer rebate with $3,000 in “regular” Costco Member Savings, $2,750 in “LIMITED-TIME” Manufacturer to Member Incentives, plus an additional $250 for Costco Executive members.

That’s more than $30,000 off the MSRP of one of the best, most capable commercial vans on the market – ICE or electric. And that’s before you factor in the 0% interest financing (72 mo.) being advertised on Chevy dealer websites.

Chrysler Pacifica PHEV

2025 Chrysler Pacifica PHEV Pinnacle; via Stellantis.

When the plug-in hybrid Chrysler Pacifica minivan first went on sale all the way back in 2016, it seemed to imply that the old Chrysler Corporation was going to race ahead of the other “Big Three” legacy US carmakers.

That didn’t happen, but the Pacifica is still the king of cupholders, while the van’s stow n’ go seating, and all the other practical, clever details that add up to remind you Chrysler invented these things. Through April 30th, you can get a $7,500 cash allowance plus $7,500 in Federal income tax credits on Pacific Plug-in Hybrid Select, S, and Pinnacle trim level vans.

Dodge Charger EV

Dodge-Charger-EV-overseas
2024 Dodge Charger Daytona EV; via Stellantis.

As the auto industry transitions to electric, Dodge is hoping that at least a few muscle car enthusiasts with extra cash, will find their way to a Dodge store and ask for the meanest, loudest, tire-shreddingest thing on the lot.

These days, that’s the new electric Charger – and you still owed money on the Hemi you just totaled, Dodge will help get the deal done on its latest retro ride with a $6,500 rebate on 2025 models or $3,000 plus 0% financing for up to 72 months on 2024s.

Dodge Hornet PHEV

2024 Dodge Hornet PHEV; via Stellantis.

Despite objectively being one of the slowest-selling new cars in North American, the Dodge Hornet eAWD PHEV offers specs that could make a compelling case for die-hard Dodge fans who are curious about EVs, but still worried about finding charging away from home.

If that’s you, the Hornet offers over 30 miles of all-electric range from its 12 kWH battery and a decently quick 0-60 mph — then sweetens the deal even more with $6,500 in lease cash to help bring the payment down.

Kia EV6 GT

Kia-EV6-GT-BMW-M2
Kia EV6 GT lines up against ICE supercars; via Kia.

CarsDirect is reporting 24-month leases on the positively awesome Kia EV6 GT featuring up to $19,000 in lease cash through May 1st. Other EV6 variants get decent cash back offers, too – be sure to ask your local dealer about the one you’re interested in.

Kia EV9

Kia-recall-EV9
Kia EV9; via Kia.

I’ve been seeing Kia’s excellent, hot-selling tree-row electric SUV all over the ‘burbs, lately — and it’s hardly a wonder why. In addition to being a great car, the Kia EV9 has some of the most aggressive customer incentives in the business, with $11,000 cash back for conventional financing customers and a whopping $16,000 lease cash on 24 month terms through May 1 (36 and 48 month lessors still get a pretty incredible $15,000 cash back).

Get used to seeing these around, in other words. If not in your own driveway, certainly in some of your neighbors’!

Nissan Ariya and LEAF

2024 Nissan LEAF and Ariya “Hero” shot; via Nissan.

The inspiration for this article was a hypothetical $9,140 Nissan LEAF deal that I hastily concocted while walking the floor of the 2025 Chicago Auto Show, but the fact remains that even with “just” the $8,500 cash back being advertised through April 30, the $28,140 $19,640 Nissan LEAF is probably the most affordable new car you can buy in the US. If you can score some additional local incentives and dealer discounts, so much the better.

If you want something a bit more modern (and with Tesla Supercharger access), the bigger, more conventional Ariya crossover also packs some solid offers with up to $7,500 in Customer Cash.

Polestar 3

Polestar 3 price
Polestar 3; via Polestar.

OK, this one’s cheating — the Swedish/Chinese love child of Volvo, Geely, and the championship-winning go-fast gurus at Cyan Racing, Polestar is announcing up to $20,000 in incentives to convince some (but, crucially, not all) customers to trade in their existing EVs on a new Polestar.

The catch? You have to trade in a Tesla to get the $20K. At the rate those cars are depreciating, though, that might be the best offer you’ll get out there!

Toyota bZ4X

Toyota-$10,000-discount-bZ4X
2025 Toyota bZ4X EV; via Toyota.

It’s not breaking any sales records, but the Toyota bZ4X is a solid five-passenger crossover EV that should meet any suburbanite’s needs with enough of Toyota’s legendary quality baked in to make it a safe bet for a decade-plus of hassle-free driving. Plus, with $10,000 in TFS Lease Subvention cash and plenty of dealer discounts floating around, it might be the best deal in Toyota’s current lineup.

Volkswagen ID.4

Volkswagen-EVs-in-2023
VW ID.4; via Volkswagen.

One of the most popular legacy EVs, the ID.4 offers Volkswagen build quality and (for 2024) a Chat-GPT enabled interface. To keep ID.4 sales rolling, VW dealers are getting aggressive with discounts, making this fast-charging, 291 mile EPA-rated range, 5-star safety rated EV a value proposition that’s tough to beat.

This month, buy a Volkswagen ID.4 with up to $10,500 in Customer Bonus Cash or lease one with $7,500 in Lease Bonus cash.

Volvo C40, XC60 T8 Recharge

2024 Volvo C40, XC60 T8 Recharge.

Volvo is offering up to $8,500 ($7,500 in customer cash, $1,000 in loyalty cash) off the price of remaining new C40s — the brand’s sporty, high-riding crossover coupe that happened to be its first dedicated EV offering in the US. If the C40 doesn’t suit you, the same deals are available on the more conventionally styled XC40 Recharge, too.

Buyers looking for one of Volvo’s excellent (IMO) T8 PHEV models can score up to $4,000 in allowances before the real discounting begins — and if, like me, your tastes run more towards Swedish sedans than SUVs, you might want to score yourself a sweet deal on a new S90 while you still can.

Disclaimer: the vehicle models and rebate deals above were sourced from sites like CarsDirect, CarEdge, USNews, and (where mentioned) the OEM websites – and were current 21APR2025. Despite my best efforts to filter these, some deals may not be available in your market, or to every buyer (the standard “with approved credit” fine print should be considered implied). Check with your local dealer(s) for more information.

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