It turns out people really do win giveaways. In February, Tim Harrington took delivery of the first Cybertruck to be raffled off by Tesla. He later showed how the Cybertruck fits in his garage “like a glove.”
2024 continues to be the year of the Cybertruck, and well, Tesla has done it again. After holding a second Tesla referral raffle, the company has delivered a second free Cybertruck to one extremely fortunate winner: Jacob Knight.
An unbelievable, timely message
A few weeks ago, my neighbor and best friend since grade school called me around 9 p.m. with some unbelievable news.
He told me he thought he might have won a free Cybertruck. I literally didn’t believe him. Well, I believed that he thought he might have won a free Cybertruck, but I really wanted to debunk whatever phishing expedition was being conducted before it got too far.
Neither we nor ChatGPT could debunk the raffle winner email using the email headers and raw message. A call from Tesla the following day confirmed the message and set things in motion.
Prior to the call, our families had spent the previous day and a half together.
The startup Jacob worked for was downsizing, his father-in-law Brian spent several days hospitalized after a stroke, and the start of summer was just generally turbulent.
My best friend was understandably in a funk, and I wanted to do my part in helping, so we dragged him out to the beach. The next day, I helped him clean his office while he interviewed for new job opportunities.
It felt like a day and a half well spent!
Neither of us had any clue about what was processing in the background.Sure, Tesla absolutely stole my thunder that day. Still, it was a very real lesson in how a tide change may already be developing when you feel like you’re underwater. Also, enter more raffles!
Tesla Cybertruck raffle winner
Fast-forward one week and change later, and our families are on a six-hour round trip from Biloxi to the Tesla delivery facility in Brandon, Mississippi. The email was real. The call was real. And Jacob’s Cybertruck was waiting in the Tesla parking lot with his name hanging from the mirror.
Prior to owning the Cybertruck, Jacob’s family owned two Teslas: a Model 3 Performance and a Model X Plaid.
I drove Jacob’s Model 3 Performance up for the photo op; I bought it a week later! Brian, having recovered from his stroke, rode as a passenger in the Model X on the way up. He was responsible for driving the Model X on the way back. This happened to be his first experience ever behind the wheel of an EV.
Jacob bravely packed his newly received Tesla Cybertruck with one of his two kids and my two kids for the ride back. It was a hot-as-summer spring day in Mississippi, but it was a helluva day to remember.
Jacob’s Mawmaw Katie was also part of the day one experience. What a memory!
Personally, I can say I’ve logged roughly two hours behind the wheel of the Cybertruck. It’s GOOD. Meanwhile, Jacob and his Foundation Edition Cyberbeast (yes, tri-motor!) have been the talk of the town. Seriously, people haven’t stopped posing for pictures and sharing sightings on our town’s Facebook group.
Jacob has also allowed his Cybertruck to join the dark side with a deep black matte wrap.
But enough storytelling from me. You can hear Jacob’s story of being the Tesla Cybertruck raffle winner in his own words in a podcast interview recorded this week below:
Excited to announce that I’m the winner of the @Tesla Cybertruck Sweepstakes. I received the news on May 15 and took delivery on May 24! Such an awesome experience and I cannot thank the team at Tesla, @elonmusk and the entire Tesla community for pushing these vehicles forward.… pic.twitter.com/nRxNhyToOm
Lectric Ebikes appears to be preparing for a major new product launch, teasing what looks like the next evolution of its wildly popular folding fat tire electric bike. Based on the clues, it looks like a new Lectric XP 4 could be inbound.
In a social media post released over the weekend, the company shared a minimalist graphic reading “XP4” along with the message “Tune in 5.6.2025 9:30AM PT.” That date – this Tuesday – suggests we’re just hours away from the big reveal of the Lectric XP 4.
If true, this would mark the next generation of the most successful electric bike in the U.S. market. The current model, the Lectric XP 3.0, has become an icon of accessible, budget-friendly electric mobility. Starting at just $999, the XP 3.0 offers a foldable frame, fat tires, a 500W motor, a rear rack, lights, and hydraulic brakes – all packed into a highly shippable design that arrives fully assembled. It’s the kind of package that has helped Lectric claim the title of best-selling e-bike brand in the U.S. for several years in a row.
With the XP 3.0 still going strong, the teaser raises plenty of questions. Will the XP 4.0 be a modest update or a major leap forward? Could we see new features like torque-sensing pedal assist, a location tracking option, or upgraded performance? Or is Lectric preparing a more comfort-oriented variant, maybe even with upgraded suspension or even more accessories included standard?
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The teaser image, which features stylized stripes in grey, blue, and black, may hold some clues. One theory is that the colors represent new trim options or component upgrades. Another possibility is that Lectric is preparing multiple variants of the XP 4.0 – perhaps targeting commuters, adventurers, and off-road riders with purpose-built versions. We took the liberty of a bit of rampant speculation late last year, so perhaps that’s now worth a revisit.
At the same time though, Lectric’s penchant for launching new models at unbelievably affordable prices has never run up against such strong pricing headwinds as those posed by uncertainty in the current US-global trade war fueled by rapidly changing tariffs for imported goods.
Previous versions of the Lectric XP e-bike line have seen sky-high sales
Whatever the case, Lectric’s knack for surprising the industry with high-value, customer-focused e-bikes means expectations will be high. The brand has built a loyal following by delivering reliable performance at a price point that few can match, and any major update to the XP lineup is likely to ripple across the market.
As a young and energetic e-bike company, Lectric is also known for throwing impressive parties around the launch of new models. It looks like I may need to hop on a red-eye to Phoenix so I can see for myself – and so I can bring you all along, of course.
Be sure to tune in Tuesday at 9:30AM PT to see what Lectric has in store – and you can bet we’ll have all the details and first impressions as soon as they drop.
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Logo of the Organization of the Petroleum Exporting Countries (OPEC)
Andrey Rudakov | Bloomberg | Getty Images
U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month.
U.S. crude was down $2.49, or 4.27%, to $55.80 a barrel shortly after trading opened. Global benchmark Brent fell $2.39, or 3.9%, to $58.90 per barrel. Oil prices have fallen more than 20% this year.
The eight producers in the group, led by Saudi Arabia, agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision comes a month after OPEC+ surprised the market by agreeing to surge production in May by the same amount.
The June production hike is nearly triple the 140,000 bpd that Goldman Sachs had originally forecast. OPEC+ is bringing more than 800,000 bpd of additional supply to the market over the course of two months.
Oil prices in April posted the biggest monthly loss since 2021, as U.S. President Donald Trump’s tariffs have raised fears of a recession that will slow demand at the same time that OPEC+ is quickly increasing supply.
Oilfield service firms such as Baker Hughes and SLB are expecting investment in exploration and production to decline this year due to the weak price environment.
“The prospects of an oversupplied oil market, rising tariffs, uncertainty in Mexico and activity weakness in Saudi Arabia are collectively constraining international upstream spending levels,” Baker Hughes CEO Lorenzo Simonelli said on the company’s first-quarter earnings call on April 25.
Oil majors Chevron and Exxon reported first-quarter earnings last week that fell compared to the same period in 2024 due to lower oil prices.
Goldman is forecasting that U.S. crude and Brent prices will average $59 and $63 per barrel, respectively, this year.
In a bid to keep up with the rapid growth of EVs, Chicago Department of Transportation (CDOT is currently seeking public feedback on a plan called “Chicago Moves Electric Framework.” The city’s first such plan, it outlines initiatives that include a curbside charging pilot through the city’s utility, ComEd, and expanded charging access in key areas throughout the city.
Unlike other such plans, however, the new plan aims to focus on bringing electric vehicle charging to EIEC and low income communities, too.
“Through this framework, we are setting clear goals and identifying solutions that reflect the voices of our residents, communities, and regional partners,” said CDOT Commissioner Tom Carney. “By prioritizing equity and public input, we’re creating a roadmap for electric transportation that serves every neighborhood and helps drive down emissions across Chicago.”
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Neighborhoods on the south and west sides of Chicago experience a disproportionate amount of air pollution and diesel emissions, largely due to vehicle emissions according to CDOT. Despite that, most of Chicago’s public charging stations are clustered in higher-income areas while just 7.8% are in environmental justice neighborhoods that face higher environmental burdens.
“Too often, communities facing the greatest economic and transportation barriers also experience the most air pollution,” explains Chicago Mayor Brandon Johnson. “By prioritizing investments in historically underserved areas and making clean transportation options more affordable and accessible, we can improve both mobility and public health.”
The Framework identifies other near-term policy objectives, as well – such as streamlining the EV charger installation process for businesses and residents and implementing “Low-Emission Zones” in areas disproportionately impacted by air pollution by limiting, or even restricting, access to conventional medium- and heavy-duty vehicles during peak hours.
The Chicago Moves Electric Framework includes the installation of Level 2 and DC fast charging stations in public locations such as libraries and Chicago’s Midway Airport, “supporting not only personal EVs but also electric taxis, ride-hail and commercial fleets.”
Chicago has a goal of installing 2,500 public passenger EV charging stations and electrifying the city’s entire municipal vehicle fleet by 2035.
Electrek’s Take
ComEd press conference at Chicago Drives Electric, 2024; by the author.