During Tesla’s Q4 conference call that followed the release of the earnings, shareholders asked Musk about talks with other automakers about licensing FSD.
The CEO confirmed that Tesla had conversations about it with other automakers, but they don’t believe it’s “real”:
I really think lots of car companies should be asking for FSD licenses. And we’ve had some tentative conversations, but I think they don’t believe it’s real quite yet. I think that that will become obvious probably this year.
Musk then called again for CEOs of car companies to engage with Tesla about licensing FSD.
Tesla recently started pushing its FSD Beta v12 update, which includes an architectural rewrite of the system to include end-to-end neural nets. Previously, the vehicle’s controls were not powered by neural nets.
The CEO previously claimed that FSD v12 would come to customers not in “beta”, but it hasn’t been the case.
FSD Beta drivers still need to keep their hands on their steering wheels and be ready to take control at all times.
Electrek’s Take
Are you surprised that they don’t believe it’s real when you have said every year that it would come by the end of the year, and it never comes?
And by it coming, I mean what was promised: a true level 4 or 5 self-driving system.
Now, Elon again seems to say that it will be coming this year, but it’s hard to give any credibility to his statement.
It’s a hard problem to solve. I can’t deny that, but I find it hard to give too much slack to Tesla since it decided to already sell the FSD package to customers.
My main concern is the hardware limitations on existing HW3 vehicles. I think Tesla might find that it can’t deliver on its self-driving promise with the current hardware, but because it has already sold the package, it forces itself to find solutions.
That’s why I’m calling Tesla’s v12 the “last hope” for FSD. After the 12th version of the product and now a complete rewrite with neural nets end-to-end, what’s next if it doesn’t work?
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Fortescue has taken the wraps off a prototype of its proposed “Infinity Train” electric locomotive, making the 1,100 km (about 685 miles) trip from Perth to the Pilbara and marking a major milestone in the decarbonization of the company’s heavy haul operations.
UPDATE 15DEC2025: now there are two!
This week, two of Fortescue battery-electric locomotives began operating at the company’s Pilbara mines in Australia, where the so-called Infinity Trains (co-developed with Caterpillar’s Progress Rail division) began regular duty.
“It’s not every day you welcome not just one, but two of the world’s largest battery-electric locomotives into your operations,” said Fortescue Metals CEO, Dino Otranto, on LinkedIn. “[I] can’t wait to see these in motion soon!”
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The two new trains are now fully operational assets, packing almost unimaginably massive 14.5 MWh battery packs that were charged once with grid power upon deployment, and which will (in theory) remain at a usable state of charge indefinitely thanks to a cleverly applied combination of gravity, regenerative braking, and human intelligence.
Co-developed with the locomotive experts at Downer Group, Fortescue revealed its concept for a battery electric “Infinity Train” back in March of 2022. At the time, the company promised a “world’s first” iron ore train capable of fully charging its batteries through regenerative braking. The two companies claimed the clever technology would create a self-sustaining, zero-emission rail system powered entirely by the force of gravity during the train’s loaded downhill travels.
This week, the concept went from the drawing board to the real world, completing an 1,100 km trip across Australia and proving itself to be up to the task of handling the grueling demands of Fortescue’s massive mining operations.
“We’re thrilled to see our battery electric locomotive prototype arrive in the Pilbara,” said Ellie Coates, CEO of Fortescue Zero. She added that the achievement, using zero fossil fuels, “represent(s) a major step in Fortescue’s journey to Real Zero.”
The Fortescue Infinity Train uses the energy produced by slowing the loaded train on downhill sections of the company’s 385 mile private, heavy-haul rail network to recharge its battery systems. That energy is enough to bring the unloaded train back to the mine, eliminating the need for external charging infrastructure or additional renewable energy sources, making the train almost entirely self-sufficient.
Fortescue says the deployment of the Infinity Train concept at its mines will eliminate more than 82 million liters of diesel fuel consumption (about 21 million gallons, which ChatGPT tells me amounts to about 235,200 tons of CO₂ emissions).
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Develon is kicking off the holidays with seven new or updated electric excavators, led by its seriously impressive flagship offering: the new 25‑ton DX250LCE-7 battery-electric crawler excavator developed by HD Hyundai.
Develon says its new electric machines offer identical performance to their diesel counterparts, while delivering significant reductions in emissions, noise, and vibration — and that the breadth and scope of the brand’s new, zero-emission lineup underscores its continued commitment to sustainable innovation in the heavy equipment space.
“Moving forward, Hyundai Infracore is focusing on innovation and smart technology, as well as productivity and fuel efficiency. I think the timing very good for us, with exciting new technologies on the market,” Young-cheul Cho, President and CEO of Develon parent company HD Hyundai Infracore, told Construction Europe at last summer’s Intermat construction show. “Our next generation machines will use AI and have sensors that will be reliable in all environments and all weathers, which will improve safety.”
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The new Develon DX250LCE-7 brings Cho’s Intermat vision to life with specs that meet or beat the diesel-powered DX255LC-7’s capabilities in a quiet, zero-emission package.
Starting with horsepower, the DX250LCE-7’s electric motors pot out about 200 hp (comparable to the diesel) while tipping the scales at a ~26 metric ton operating weight. Bucket capacity matches the diesel at 1.4 cubic meters, too — but the Develon’s standout feature is its oversized battery pack, offering up to 12 hours of continuous runtime on a single charge under typical conditions (kWh capacity hasn’t been released), with DC fast-charging options that can get it back in action at full capacity in under two hours — making it ideal for a full-day of moving dirt.
North American pricing and availability should be released in Q1.
Electrek’s Take
As demand for low-emission solutions rises throughout Europe and SE Asia, the latest electric excavators from Develon and parent company Hyundai provide an ideal balance between eco-friendly operation and real-world job site requirements – especially when fitted with articulating buckets and other versatile implements.
Regardless of who is in power in the US, the fact is that these electric machines deliver quiet, efficient performance in challenging environments, cutting both emissions and noise while maintaining productivity and improving both operators’ safety and working conditions. They’re winners all the way.
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BYD is making a significant move to boost confidence in its electric vehicles in Europe. The Chinese automaker has announced a major update to its warranty terms, extending the battery coverage to 8 years or 250,000 km (approx. 155,000 miles), whichever comes first.
This new policy significantly outpaces the industry standard and puts pressure on competitors like Tesla and Volkswagen to follow suit.
The announcement was made via BYD Europe’s official channels today, confirming that the new warranty terms apply to its lineup of “New Energy Vehicles” (NEVs) in the region:
Previously, BYD offered a warranty that was more in line with the industry average, typically around 8 years or 160,000 km (100,000 miles), with some variations like 200,000 km in specific markets. This bump to 250,000 km is a massive increase in mileage coverage, effectively targeting high-mileage drivers, taxi fleets, and Uber drivers who might be wary of long-term degradation.
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For context, here is how the new BYD warranty stacks up against the main competition in Europe:
BYD (New): 8 years / 250,000 km
Tesla (Model 3/Y RWD): 8 years / 160,000 km
Tesla (Long Range/Perf): 8 years / 192,000 km
Volkswagen (ID. Series): 8 years / 160,000 km
Hyundai/Kia: 8 years / 160,000 km
As you can see, BYD is now offering nearly 60% more mileage coverage than the standard warranty provided by Volkswagen and the base Tesla models. Even compared to Tesla’s Long Range battery warranty, BYD offers an additional 58,000 km of protection.
The move is enabled by BYD’s confidence in its Blade Battery technology, which is interestingly used by competitors, such as Tesla.
The Blade Battery uses Lithium Iron Phosphate (LFP) chemistry, which is known for having a longer cycle life than the Nickel Cobalt Manganese (NCM) cells traditionally used in long-range EVs.
BYD has often claimed that the Blade Battery can sustain over 3,000 charge cycles while maintaining reasonable capacity. Even when accounting for linear degradation to 70% capacity over that lifespan, 3,000 cycles on a vehicle with a 400 km starting range would still result in roughly 1 million kilometers of total service life. Consequently, a 250,000 km warranty remains quite conservative for the chemistry, even if it is aggressive for the market.
This comes as BYD continues to expand aggressively in Europe, having recently launched the Sealion 7 and updated versions of the Seal and Atto 3.
Electrek’s Take
This is exactly the kind of competition we like to see.
It’s great to see BYD using the inherent durability of LFP cells to offer a tangible benefit to consumers rather than just cutting costs.
I’m looking at Tesla here. Tesla has been a pioneer in battery longevity, and we know their packs can last a very long time, especially the LFP packs in the standard range Model 3 and Y.
In fact, Tesla even used BYD’s blade batteries in some of the vehicles it sells in Europe.
It would be great to see Tesla follow BYD here.
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