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An e-bike for just $500? It’s not too good to be true. Right now, you can save 50% on the SWFT BMX e-bike through the end of the day all while dropping its price down to $500. It’s joined by a launch discount on the just-announced Juiced Scorpion X2 at $1,499, as well as Moen’s Flo smart monitor system. Just don’t forget about our usual massive list of other e-bike discounts, too.

Head below for other New Green Deals that 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.

SWFT BMX e-bike is just $500

Through the end of the day, Best Buy is now offering the SWFT BMX e-bike for $499.99 shipped. Down from $1,000, today’s offer amounts to 50% in savings and a clean $500 off. This is one of the first offers of the year and undercuts the previous price cuts from the end of spring by $300. The SWFT BMX e-bike features a 350W motor which pairs with a 7.5Ah battery. That combination lets you go 20 MPH with a 35-mile range, all while being packed into a lightweight, BMX-style frame. Get the full scoop in our hands-on review.

Juiced debuts new Scorpion X2 e-bike at $400 off

Juiced Bikes today is launching the new Scorpion X2 e-bike. We detailed everything you need to know about the upcoming EV over at Electrek, but didn’t mention that the Juiced Scorpion X2 is arriving with a limited-time price cut. Ahead of shipping at the end of September, you can now pre-order the new e-bike for $1,499 shipped. Down from $1,899, today’s offer arrives with $400 in savings attached on an all-new electric ride. It’s of course the first discount since launching today, and a new all-time low.

The new Scorpion X2 from Juiced Bikes arrives as a second-generation version of the original HyperScorpion. Now back and better than ever, the brand’s latest electric experience packs a 1,000W RetroBlade motor into a moped-style design with a 15.6Ah battery. That enables up to 28 MPH top speeds, as well as over 55 miles of range. New this time are all-terrain knobby tires for smoother off-road rides, as well as other inclusions like front and rear hydraulic disc brakes, a slick 7-speed transmission, front and rear fenders, and a 2,000-lumen headlight. Of course, that’s all with $400 discount attached, too.

Moen’s Flo smart monitor system monitors usage from your iPhone

Amazon is offering the Moen Flo Smart Water Monitor and Automatic Shutoff Sensor for $471.12 shipped. Down from $800, this 41% discount is the best we have tracked and a new all-time low. With this product from Moen, you will be able to control your home’s entire water system via the Moen app, Alexa, or Google Assistant. You can choose to remotely turn off your water, or it can be shutoff automatically by this device in emergencies to protect your home from catastrophic water damage. Its MicroLeak technology monitors your home’s entire water system, including behind walls and in foundations, in order to identify leaks as small as a a pinhole. Through the app, you’ll also be able to see reports on how much water you’re using daily and subsequently set conservation goals to save you money. The device fits pipe diameters of 1-1/4-inches to 1-1/2-inches and requires a standard AC/DC power connection. You can read a more in-depth rundown about this device in our review over at 9to5Mac.

e-bikes and e-scooters, a summer favorite!

Other 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.

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Trump’s first day, Hyundai lease deals, and Volvo’s EVs arrive in the US

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Trump's first day, Hyundai lease deals, and Volvo's EVs arrive in the US

On today’s episode of Quick Charge, President Trump has a wild first day in office, but it’s not ALL bad, either. Plus: Tesla gets diner integration, Hyundai keeps the deal train rolling, and it’s dad’s 80th birthday.

We also look ahead to some possible discounts for Tesla insurance customers, some news on the upcoming “cheap” Cybertruck, and wonder out loud if Puerto Rico’s billion dollar solar project is going to see the light of day. All this and more – enjoy!

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.

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Stripe cuts 300 jobs in product, engineering and operations

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Stripe cuts 300 jobs in product, engineering and operations

The Stripe logo on a smartphone with U.S. dollar banknotes in the background.

Budrul Chukrut | SOPA Images | LightRocket via Getty Images

Stripe cut 300 jobs, representing about 3.5% of its workforce, mostly in product, engineering and operations, CNBC has confirmed.

The payments company, valued at about $70 billion in the private markets, still expects to increase headcount by 10,000 by the end of the year, which would be a 17% increase, and is “not slowing down hiring,” according to a memo to staff from Chief People Office Rob McIntosh. Business Insider reported earlier on the cuts and the memo.

A Stripe spokesperson also confirmed to CNBC that a cartoon image of a duck with text that read, “US-Non-California Duck,” was accidentally attached as a PDF to emails sent to some of the employees who were laid off. Some of the emails mistakenly provided affected employees with an incorrect termination date, the spokesperson said.

McIntosh sent a follow-up email to staffers apologizing for the “notification error” and “any confusion it caused.”

“Corrected and full notifications have since been sent to all impacted Stripes,” he wrote.

In 2022, Stripe cut roughly 1,100 jobs, or 14% of its workers, downsizing alongside most of the tech industry, as soaring inflation and rising interest rates forced companies to focus on profits over growth. The Information reported that Stripe had a few dozen layoffs in its recruiting department in 2023.

Stripe’s valuation sank from a peak of $95 billion in 2021 to $50 billion in 2023, before reportedly rebounding to $70 billion last year as part of a secondary share sale. The company ranked third on last year’s CNBC Disruptor 50 list.

In October, Stripe agreed to pay $1.1 billion for crypto startup Bridge Network, whose technology is focused on making it easy for businesses to transact using digital currencies. 

Brothers Patrick and John Collison, who founded Stripe in 2010, have intentionally steered clear of the public markets and have given no indication that an offering is on the near-term horizon. Total payment volume at the company surpassed $1 trillion in 2023.

WATCH: Early Bridge investor weighs in on $1.1 billion Stripe deal

Early Bridge investor weighs in on $1.1 billion Stripe deal

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Rivian is offering up to $6,000 to upgrade your R1S or R1T

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Rivian is offering up to ,000 to upgrade your R1S or R1T

Thinking about upgrading your EV? Rivian (RIVN) launched a new promo on Tuesday, offering up to $6,000 to upgrade your R1S or R1T. Here’s how you can snag some savings.

Rivian R1S and R1T upgrade deal offers up to $6,000

Rivian delivered over 51,500 vehicles last year as the EV maker gains momentum. Although it was only slightly higher than the ~50,100 delivered in 2023, Rivian is expected to see even more growth this year.

After shutting down its Normal, IL manufacturing plant last April and renegotiating supplier contracts, Rivian has seen “significant cost improvements,” according to CEO RJ Scaringe.

Rivian also began delivering its next-gen R1S and R1T models last year. The new Large and Max battery packs have redesigned modules and more efficient packaging, “making them easier to manufacture and service.” For example, Rivian’s new EVs use seven ECUs, down from 17 in the first-generation R1T and R1S.

With new plant upgrades, reworked supplier contracts, and more efficient vehicles, Rivian is now passing the savings on to customers.

Rivian-EV-upgrade-$6,000
Rivian R1T (left) and R1S (right) electric vehicles (Source: Rivian)

Rivian introduced a new promo on Tuesday, offering up to $6,000 to upgrade your R1T or R1S. The bonus amount varies by trim:

  • Tri with Max battery: $6,000 USD / CAD 8,600
  • Dual with Max battery and Performance upgrade: $4,500 USD / CAD 6,500
  • Dual with Max battery: $3,000 USD / CAD 4,300

The offer is for current R1T or R1S owners or lessees in the US and Canada. Rivian launched the new promo on January 21, and it runs through March 31, 2025.

After you purchase or lease a qualifying vehicle, Rivian will apply a discount toward the MSRP. You must take delivery by March 31, 2025. In the fine print, Rivian stated, “You must request a trade-in estimate to qualify for this offer, but trade-in of a vehicle is not required.”

Rivian-EV-upgrade-$6,000
Rivian R1S (Source: Rivian)

Any other models are excluded from the offer. These include Dual Standard configurations, Dual with Large battery configurations, custom builds, demo vehicles, and pre-owned vehicles.

The new offer follows Rivian’s previous upgrade promo introduced last October, giving qualifying gas-powered vehicle owners or lessees up to $3,000.

Check out the Rivian R1 Shop to view eligible models. You can see eligible Rivian R1S here and R1T models here.

Electrek’s Take

Rivian’s R1S was already the tenth best-selling electric vehicle in the US last year, with nearly 27,000 models sold. With more driving range and power at a lower cost, the electric SUV could see even more demand in 2025.

Then again, with the arrival of new luxury electric SUVs, like the Jeep Wagoneer S and Volvo EX90, Rivian will face more competition in the US.

Rivian’s latest promo comes as the Company looks to carry the momentum from the end of 2024 into the new year. The EV maker is offering other deals, including 1.99% APR for 60 months on the R1 Dual with a Max Battery and Performance upgrade.

Even if you are not eligible for the promo, we can still help you find deals on Rivian’s electric SUV in your area. You can use our links below to view offers on the Rivian R1S and R1T near you today.

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