Tesla has just delivered the first Cybertrucks, and with them comes a feature that we’ve been waiting for for a while: bidirectional charging.
Tesla has talked a bit about bidirectional charging in the past, but always seemed a little wishy-washy about bringing it to market. In its Investor Day presentation in March, Tesla VP Drew Baglino stated that the company could have bidirectional charging in two years, but CEO Elon Musk immediately threw some cold water on that statement, saying “I don’t think very many people are going to want to use bidirectional charging, unless you have a Powerwall, because if you unplug your car, your house goes dark, and this is extremely inconvenient.”
Now, nine months after that event, Tesla has released a vehicle that has bidirectional charging equipped – and its branding suggests that more vehicles will have the same capability in the future.
Tesla’s Cybertruck delivery event today was pretty light on details, and we’ve had to comb over the website to find out any sort of specs. And in the website we noticed one new feature that was completely absent from the presentation: Powershare.
Powershare is, apparently, Tesla’s new bidirectional charging feature which seems to include vehicle-to-load, vehicle-to-home, vehicle-to-vehicle capabilities (V2L, V2H and V2V).
V2L refers to a vehicle’s capability to power equipment – in this case, through five outlets – 2 x 120V 20A in the bed and cabin each, and 1 x 240 40A outlet in the bed. This can be used for work equipment, or for camping or other mobile power necessities (emergency response, for example).
We already learned that Cybertruck would be capable of some bidirectional charging features when specs leaked earlier this month. Those specs suggested to us that it would have ~12kW output capability, but today Tesla confirms that the Cybertruck has 9.6kW worth of continuous power combined through five outlets in the vehicle. By way of comparison, the F-150 Lightning has more outlets, but the same total 9.6kW maximum draw with the upgraded Pro Power Onboard package (and 2.4kW without).
But Cybertruck does have 11.5kW output capability from its V2H system, which allows it to power a home in the event of a power outage or grid instability.
The Lightning can also power a home, but that requires an additional $3,900 unit, plus installation costs. Tesla’s solution is no different – in order to power your home you will need additional equipment, seemingly in the form of Tesla’s Universal Wall Connector ($595) and Gateway ($1,800) products, and optionally Tesla’s Backup Switch (though this may depend on your utility).
But the big difference here is the existence of the Tesla Powerwall, and Tesla says that homes with Powerwall and Tesla’s Wall Connector installed will be ready to use Powershare without additional equipment (although it refers to alternately its Wall Connector and Universal Wall Connector, so we’re not sure which one is compatible, or both, or whether you need one made after a certain year, or what).
This is actually a huge deal, because Tesla already has an installed base of Powerwall users who can plug in without having to change anything in their homes. Lightning users might be hesitant to spend another $4,000+ just to make their home more resistant to power outages, but Powerwall owners have already spent (significantly more than that) on a solution that works with the bidirectional charging capability on the car.
So this would, essentially, turn a Powerwall with its 13.5kWh worth of storage into one with 100+kWh of storage (or whatever the size of the Cybertruck’s battery is – even after first deliveries, we still don’t know for sure).
Tesla says that Powershare can power a home for “over three days,” assuming the home uses an average of 30kWh per day (my home, for reference, uses 10kWh per day). This works out to a Cybertruck battery capacity of over 90kWh, but less than 120kWh.
The Cybertruck also has a higher continuous output capability than the Powerwall, with Cybertruck at 11.5kW and the Powerwall at 5kW.
So this could be big for V2H, because previously it has been more of a niche application. Tesla, having a market already built of houses that are V2H-capable, might see much higher usage of this capability.
Tesla also says that Powershare will be capable of V2V, or using the Cybertruck’s battery to charge another electric vehicle. We’ve seen something like this with the Lightning, where Ford cheekily released an adapter letting its Lightning charge up Teslas that need some juice. And with a NEMA 14-50 plug in the back, which is somewhat of a “standard” for EV charging, this should be something that a lot of cars already have an adapter for – including anyone with the Tesla Mobile Connector kit which used to come with every Tesla vehicle.
As of now, Powershare is only available on the Cybertruck, but the fact that Tesla has branded it with its own name suggests that it will be available on other vehicles in the future. Tesla’s website says it’s “currently” available for Cybertruck only, but doesn’t mention a timeline beyond that.
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Chinese carmaker XPeng is getting perilously close to bringing its AeroHT consumer eVTOL concept to market, thanks to a $250 million Series B round that’s set to accelerate the company’s modular “flying car” production plans.
XPeng subsidiary AeroHT had its first successful proof of concept test flight ahead of the brand’s annual 1024 back in 2023, where the company unveiled a pair of flying car designs. The X3 is an actual flying “car” that can drive, park, and take off on its own, and a second, modular eVTOL that folds up into the back of an electric van called the Land Aircraft Carrier.
That vehicle pair, shown at CES in January, was set to begin production this year, with the eVTOL component set to begin production in 2026 – and that’s looking a lot more likely thanks to the new infusion of capital!
AeroHT at CES 2025
Xpeng Aeroht raised $150 million in Series B1 funding last August, before launching its Series B2 funding round. The most recent announcement that the company has secured an additional $100 million in its Series B2 funding round brings the total amount raised to more than $750 million, with a $1B pre-revenue valuation.
Scooter Doll said it best, writing, “this footage (of the AeroHT test flight) is as scary and concerning as it is exciting and awe-inspiring.” Which is to say that these things are real, they seem like they’re getting built, and they seem like they’ll sell well enough to convince at least one or two remaining boomers that the flying car they’ve been promised their whole lives is – finally! – coming to market.
Here’s hoping.
SOURCE: Xpeng, via CNEVPost; gallery photos by the author.
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Flooring manufacturer Beauflor USA just turned on the biggest rooftop solar system by capacity in metro Atlanta — and it’s now powering part of its Georgia factory.
The new 1,040 kW system in Cartersville officially beats metro Atlanta’s previous rooftop solar record of 1,034 kW. The new array produces enough energy to power more than 100 homes. The system is expected to cover about 10% of Beauflor’s electricity needs and cut its carbon emissions by about 920 metric tons annually.
“This solar installation represents our commitment to sustainable manufacturing practices while making sound business decisions,” said Emile Coopman, continuous improvement manager at Beauflor. He added that the system is designed with room to grow: “This is the first step toward more renewable energy.”
The company partnered with Cherry Street Energy to install the nearly 2,000-panel system, which was completed in less than four months. Cherry Street invested $1.8 million into the project and is covering all construction and maintenance costs through a 30-year energy procurement agreement. Beauflor will buy solar power directly from Cherry Street, allowing it to avoid upfront capital costs while still lowering its energy bills.
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“As Georgia’s manufacturers ramp up production amid rising costs for grid energy, sophisticated operators seek ways to quickly and sustainably address their energy needs,” said Cherry Street CEO Michael Chanin. “On-site solar with no capital expense delivers just that: reliable, affordable electricity.”
Chanin added that the system’s power output is especially impressive: “The previous record-holder for metro Atlanta’s largest rooftop solar required over 4,000 panels. We’re using less than 2,000 to reliably generate even more power.”
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Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021.
Eva Marie Uzcategui | Bloomberg | Getty Images
Block shares jumped more than 10% in extended trading on Friday, as the fintech company gets set to join the S&P 500, replacing Hess.
It’s the second change to the benchmark this week, after S&P Global announced on Monday that ad-tech firm The Trade Desk would be added to the S&P 500. Trade Desk is taking the place of software maker Ansys, which was acquired by Synopsys in a deal that closed Thursday.
Hess’ departure comes just after Chevron completed its $54 billion purchase of the oil producer, prevailing against Exxon Mobil in a legal dispute over offshore oil assets in the South American nation of Guyana.
Block will officially join the S&P 500 before the opening of trading on July 23, according to a statement from S&P. Stocks often rally when they’re added to a major index, as fund managers need to rebalance their portfolios to reflect the changes.
Most alterations to the S&P 500 take place during the index’s quarterly rebalancing. However, in the case of the closing of an acquisition, a company can be removed from the index and replaced off schedule. Last week monitoring software company Datadog took Juniper Networks’ place in the S&P 500 as part of the index’s quarterly change.
Block’s addition brings further tech heft to an index that’s been steadily moving in that direction in recent years, reflecting the market cap gains of companies across the sector. Block, which gained popularity as Square due to the rapid growth of the company’s payment terminals, has expanded into crypto, lending and other financial services.
Founded by Jack Dorsey in 2009, Square changed its name to Block in 2021 to emphasize its focus on blockchain technologies.
Block shares are down 14% this year, underperforming the broader U.S. market. The Nasdaq is up more than 8%, while the S&P 500 has gained 7%. Still, with a market cap of about $45 billion, Block is valued well above the median company in the index.
In May, Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook, leading to a plunge in the stock price. Block’s forecast for the second quarter and full year reflected challenging economic conditions that followed sweeping tariff announcements by President Donald Trump.
“We recognize we are operating in a more dynamic macro environment, so we have reflected a more cautious stance on the macro outlook into our guidance for the rest of the year,” the company wrote in its quarterly report.
The company is scheduled to report second-quarter results after the close of regular trading on Aug. 7.