15 Tesla vehicles were burned down by group of radical morons
15 Tesla vehicles were burned down at a car dealer in Frankfurt, Germany this week, and a radical group of environmentalists has claimed to be behind the act of arson.
With the incident alone, this gang of morons is probably responsible for more pollutant emissions than they can ever counter with their so-called activism.
IAA moved its car trade show from Frankfurt to Munich a few years ago, mainly due to environmentalist protests affecting the event.
I have been attending the show for the last two editions as it has transitioned into a “mobility show” with a lot of electric vehicles being featured.
There are still some protests in Munich, but nothing compared to Frankfurt.
I was there last week and only saw some cohorts on bikes with sign going around the city and giving speeches at some hot spots.
Greenpeace did this protest at the conference center, but I missed it. Although, I’m pretty sure that they heavily photoshopped this image because the artificial pond in front of the center is no more than one or two feet deep.
While the protests over IAA in Munich were mild, it looks like the group in Frankfurt hit again in a much more criminal way.
15 Tesla vehicles were burned down at a dealership in Frankfurt last night. 40 firefighters were involved in the attempt to extinguish the fire and over 500,000 euros of damage has been done.
Now a radical group has taken credit for the criminal attack.
They released a letter on the Germany version of the Indymedia website, which is often used by radical left-wing groups for communications.
In the letter, the anonymous writers reference the IAA protest and then claimed the arson in Frankfurt (translated from German):
That’s why we flambéed some new Teslas in Frankfurt tonight. As a greeting to the protests in Munich. As one attack among many on the destructive auto industry.
Their main problem with Tesla appears to be the mining of lithium and cobalt and the impact on indigenous communities (translated from German):
Tesla is one of our most prominent enemies. The company represents like no other the ideology of green capitalism and the ongoing global and colonial destruction. Electric motors are constantly presented as the clean alternative. That’s a cynical lie. Like other companies, Tesla exploits resources worldwide. The necessary raw materials for electric car batteries, such as lithium and cobalt, are mined under terrible conditions in Latin America and Africa. Despite the great green paint, fossil fuels are needed for transport and production. All of this always happens in connection with the oppression of indigenous communities, whose resistance must be a signal to us to act.
Furthermore, they take issue with Elon Musk and his “patriarchal fantasies”. They think that his efforts to colonize Mars is about creating a “vacation destination for the richest” and not making life multiplanatery.
Electrek’s Take
I think there’s value in bringing attention to ethical mining of resources, but that’s just not the way to do it.
First off, you are not a real environmentalist is you think it’s smart to burn down EVs that would have displaced literal tons of CO2 over their lifetime and could have been recycled at their end of life.
Instead, Tesla will get insurance money and build those cars again. It’s dumb.
As for ethical mining, the truth is that most mining companies have deals with local indigenous communities.
In the US and Canada, it is a must for any new project.
Now if it’s not the case for any specific project, then it needs to be addressed, and it’s important to bring attention to it, but big actions like that need to come with big proof.
Do they have clear examples of mining projects that Tesla benefits from that are being contested by indigenous communities? Because if they don’t, these idiots are just burning cars for the sake of burning cars. They are petty criminals and not unsung heroes.
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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
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 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.”
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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