Connect with us

Published

on

Elon Musk was described as a “pigeon CEO”: “he comes, shits all over us, and goes”, said a former Tesla employee.

Now, the CEO is signaling a focus on Tesla.

Musk has always been an interesting case of a CEO as he has been both CEO of Tesla and SpaceX, two major companies, for nearly two decades.

This is highly unusual, especially when one of those companies is a major public company where the CEO has a fiduciary duty to many retail shareholders.

But things have evidently gotten even wilder in recent years as Musk is now the defacto head of 6 companies: Tesla, SpaceX, X, xAI, Neuralink, and the Boring Company.

Even considering Musk’s known long days, it’s impossible for him to be a full-time CEO at Tesla. Several shareholders have expressed concerns about this fact and former Tesla employees who were recently let go in a wave of layoffs last week also confirmed to Electrek that the CEO has indeed been spending a lot less time at the automaker as of late.

A former manager described Musk as a “pigeon CEO”:

“He comes in, shits all over us, and then leaves.”

For example, a former employee described how the CEO came in one day to see a newly finished section of Gigafactory Texas, which workers had just finished in a rush that came from Musk’s own accelerated timeline, just to be told to change the whole wall to glass – for seemingly no reason.

There’s a real concern that Musk is not as much in touch with Tesla since buying Twitter and trying to turn the social media platform around.

But the CEO is signaling a change.

Musk is believed to be behind the massive wave of layoffs at Tesla last week that, as we reported, also hid several moves that reshaped programs at Tesla.

The CEO also said yesterday that he is postponing a trip to India to focus on some “very heavy Tesla obligations”:

Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year.

Coincidently or not, this is happening just as Tesla is asking its shareholders to vote on reinstating Musk’s massive $55 billion compensation package and the vote is seen as a sort of vote of confidence for the CEO.

Electrek’s Take

I think it’s very fair to say that Musk has been spending a lot less time working at Tesla in recent years, especially since his acquisition at Twitter. I also think it’s fair to say that he seems to be coming back to it, for better or worse, in the last few weeks.

It might be because Tesla had a bad quarter, and he thinks that he needs to right the ship, or it might be because an important shareholder vote is coming, and he wants to look like he is spending time on Tesla right now.

Tomorrow’s earnings call should say a lot.

So far, Musk has blamed Tesla’s bad performance almost entirely on external factors. It will be interesting to see if that changes and he takes some responsibilities in the future.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Blink + Hubject unlock easier EV charging across North America

Published

on

By

Blink + Hubject unlock easier EV charging across North America

Blink Charging (Nasdaq: BLNK) has struck a deal with Hubject to make charging easier for EV drivers across North America.

The agreement will bring Blink into Hubject’s intercharge eRoaming platform as a charge point operator. That means electric mobility service providers (eMSPs) and their customers in the US, Canada, and Mexico will soon have access to Blink’s charging stations through their existing apps. In turn, Blink drivers will gain better access to stations connected through Hubject’s network.

Hubject, which already connects more than 1 million charging points and 2,750 partners worldwide, expects the integration to strengthen its North American presence by adding Blink’s wide-ranging network of chargers, from Level 2 workplace stations to DC fast charging. Blink, meanwhile, anticipates more customers will plug in, thanks to Hubject’s reach.

“Our collaboration with Blink marks an important step in expanding our North American intercharge network,” said Trishan Peruma, CEO of Hubject North America. “By integrating Blink’s network into our eRoaming platform, we aim to help reduce barriers that have historically complicated EV charging and to support the continued growth of EV adoption across the United States, Canada, and Mexico.”

Advertisement – scroll for more content

Blink Charging’s president and CEO Mike Battaglia added, “Connecting the Blink Network to Hubject’s platform will allow more drivers to benefit from interoperable charging while traveling.”

The integration will use the industry-standard OCPI protocol to keep billing and communication between networks secure and reliable. Deployment is planned in phases throughout 2025, with full integration targeted for the end of the year.

Read more: Blink just made it a lot easier to find its charging stations


The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

The Hyundai IONIQ 5 N gets a new Essentials trim in Korea and a lower price tag

Published

on

By

The Hyundai IONIQ 5 N gets a new Essentials trim in Korea and a lower price tag

Hyundai wants to make the electric sports car for everyone. Not just those who can afford it. The new Hyundai IONIQ 5 N Essentials trim was launched in Korea on Monday, offering a lower price tag but the same thrilling drive.

Hyundai launches new IONIQ 5 N Essentials in Korea

The IONIQ 5 N is Hyundai’s first EV sports car under the IONIQ series. Initially launched in 2023, the IONIQ 5 N marked a new era for Hyundai’s high-performance N division.

Hyundai’s electric hot hatch not only looks the part with added sporty “N” branded elements scattered inside and out, but it’s also packed with fun features, advanced tech, and a host of drive modes.

Based on a dual-motor all-wheel drive (AWD) powertrain, the IONIQ 5 N delivers up to 641 horsepower when N Grin Boost is engaged. Even without it, the electric sports car packs 601 hp.

Advertisement – scroll for more content

It also draws power from an 84 kWh battery, good for an EPA-estimated range of 221 miles. On the WLTP scale, it’s rated with an official range of 278 miles (448 km). The added power results in a lower range than other IONIQ 5 trims.

Hyundai-IONIQ-5-Essentials
The new Hyundai IONIQ 5 Essentials trim (Source: Hyundai)

Although it was already one of the most affordable sports cars, EV or gas-powered, Hyundai is lowering the price even further.

After launching the new Essentials model in South Korea on Monday, Hyundai said the new trim “is characterized by lowering the barrier to entry so that customers can experience the overwhelming driving performance of the IONIQ 5 N at a reasonable price through optimized specifications.”

Hyundai-IONIQ-5-Essentials
The new Hyundai IONIQ 5 Essentials trim (Source: Hyundai)

Hyundai focused on core convenience features while including the same high-performance motors, battery, and N-specific elements as the base model.

A Hyundai official said, “The Essential trim of the IONIQ 5 N is a new trim that offers greater cost-effectiveness to lower the barrier to entry for high-performance electric vehicles.”

Hyundai-IONIQ-5-Essentials
The Hyundai IONIQ 5 N (Source: Hyundai)

The IONIQ 5 N features advanced driver assistance systems (ADAS), including highway driving assist and navigation-based smart cruise control. Hyundai has also added an exclusive new “Parking Assist Lite” package, offering safety and convenience features such as surround view monitoring and rear parking assistance.

The new Hyundai IONIQ 5 N Essentials trim starts at 74.9 million won ($54,000), including tax benefits. Hyundai said it will continue to make competitive products so more buyers can experience high-performance EVs.

Hyundai-IONIQ-5-N
2025 Hyundai IONIQ 5 N (Source: Hyundai)

Although the Essentials trim is not available in the US, the IONIQ 5 N is still more affordable than most sports cars. The 2025 Hyundai IONIQ 5 N starts at $66,200. But, with the $7,500 tax credit, which is set to expire on September 30, leases are currently listed as low as $549 per month.

Looking to test the IONIQ 5 out for yourself? You can use our link to find the Hyundai IONIQ 5 and high-performance N models near you today (trusted affiliate link).

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

In a blow to Trump, judge clears Ørsted’s Revolution Wind to resume

Published

on

By

In a blow to Trump, judge clears Ørsted’s Revolution Wind to resume

A federal judge has cleared the way for Ørsted’s nearly complete 704-megawatt (MW) Revolution Wind offshore wind farm to restart construction, overturning a stop-work order imposed by the Trump administration.

Reagan-appointed senior US District Judge Royce C. Lamberth granted a preliminary injunction in Washington, DC, calling the government’s conduct “the height of arbitrary and capricious government conduct.” He added, “If Revolution Wind cannot meet benchmark deadlines, the entire project could collapse. There is no doubt in my mind of irreparable harm to the plaintiffs.”

Ørsted welcomed the ruling and said in a statement, “Revolution Wind will continue to seek to work collaboratively with the US Administration and other stakeholders toward a prompt resolution. Revolution Wind will resume impacted construction work as soon as possible, with safety as the top priority.”

The decision marks a significant setback for the Trump administration’s attempts to stall offshore wind development. Revolution Wind is already about 80% complete, with all turbine foundations and 45 of 65 turbines successfully installed, and expected to power 350,000 homes in Rhode Island and Connecticut. Earlier this month, the two states’ attorneys general announced they were suing the Trump administration to overturn its “baseless” decision to halt Revolution Wind. That underlying lawsuit challenging the stop-work order will continue to progress.

Advertisement – scroll for more content

Oceantic Network CEO Liz Burdock said, “Today’s decision allowing work to resume on Revolution Wind is welcome news for the hundreds of skilled workers who can now return to their jobs while the legal process continues. This Made in America energy project is putting Americans to work building reliable, affordable power to communities across New England that desperately need it.”

Read more: Connecticut, Rhode Island sue Trump to save 80% complete offshore wind farm


The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending