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Why Evercore cut its Brent crude price target

U.S. crude oil prices fell nearly 3% on Thursday on a report that Saudi Arabia is committed to pressing ahead with production increases later this year.

Saudi is prepared to ditch its unofficial oil price target of $100 per barrel, people familiar with the kingdom’s thinking told The Financial Times. Saudi officials are ready to increase oil production in December even if the move results in a prolonged period of low oil prices, the people said.

Here are Thursday’s energy prices:

  • West Texas Intermediate November contract: $68.15 per barrel, down $1.54, or 2.21%. Year to date, U.S. crude oil is down about 5%.
  • Brent November contract: $71.86 per barrel, down $1.60, or 2.2%. Year to date, the global benchmark is down nearly 7%.
  • RBOB Gasoline October contract: $1.964 per gallon, down 1.7%. Year to date, gasoline is down about nearly 6%.
  • Natural Gas October contract: $2.628 per thousand cubic feet, up 0.3%. Year to date, gas is up more than 4%.

Prices are also under pressure on the expectation that oil production will rise in Libya. Factions in the North African country reached a deal Wednesday to appoint a new central bank governor. A political dispute over who should lead the bank has led to production disruptions.

The prospect of rising production is set against a backdrop of soft demand in China, the world’s largest crude importer and second-largest consumer. Oil prices rallied earlier in the week after Beijing announced a new stimulus package.

Don’t miss these energy insights from CNBC PRO:

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Lawsuit blames Cybertruck door handles for death of three teens after Tesla crash

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Lawsuit blames Cybertruck door handles for death of three teens after Tesla crash

Two Bay Area families are suing Tesla over the death of their 19-year-old daughter and 20-year-old son after a crash which left them and one other teenager dead, trapped inside the vehicle due to what the lawsuit alleges is poor door handle design.

The lawsuit traces back to a 2024 crash on Thanksgiving Eve in Piedmont, California, where a Cybertruck carrying four college students crashed into a tree and a wall, causing a fire. As a result of the crash, the Cybertruck’s electronic door handles no longer worked, and the passengers were trapped inside.

A surveillance video released by the California Highway Patrol showed the Cybertruck’s final moments, rounding a curve at high speed and seeming to lose control of the rear of the vehicle as it crested a hill, with a large flash seen in the video after the Cybertruck leaves the frame.

A friend in another vehicle that had been following the Cybertruck stopped and managed to break the front passenger window after “ten to fifteen hits” with a fallen tree branch and pull one passenger out of the vehicle, but the other three passengers died inside of asphyxia from smoke inhalation and had burns on their body.

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Tesla vehicles typically do receive high scores for passenger safety in crash tests, and Tesla has touted its “armor glass” as being hard to break (despite a famously failed demo at the Cybertruck’s introduction). And it appears that the occupants did not die from the crash impact itself, but rather from being trapped inside and the resulting smoke and burns.

The three college students who died were 19 year old Krysta Tsukarahara and Soren Dixon, and 20 year old Jack Nelson. Dixon had been driving the vehicle, and post-crash investigations discovered that all three had been under the influence at the time of the crash. All were high school friends home from college for Thanksgiving and had spent the night out together on what is known to be one of the worst drunk driving nights of the year.

After the crash, Tsukahara’s family filed a lawsuit against the estate of Dixon, the driver of the car. The car belonged to Dixon’s relative.

The Tsukaharas have now amended their case to include Tesla as a defendant after post-crash investigations suggested the car’s design contributed to the deaths, blaming door handles that are difficult to operate and doors and windows that are hard for rescuers to access for their child’s death. Nelson’s family filed a separate lawsuit, with the same allegation.

Tesla’s door handles in focus

Tesla vehicles have electronic door handles, with outer door handles that are flush against the vehicle. This enhances the sleek look of the exterior, and also leads to small aerodynamic gains.

However, it also leads to confusing operation, as each car the company has released so far has had a different door handle in a different place on the vehicle with a different method of operation than the last.

This also means that the outer door handles can be hard to operate in an emergency situation. In the crash described above, the rescuer had to bash at the Cybertruck’s window “ten to fifteen” times, after having failed to punch it out with his fist. An externally operable door handle would have perhaps resulted in a different outcome.

Further, the interior door release can be confusing in an emergency situation. Normally one just presses the interior door release button, which operates electronically. However, when there’s a problem with the vehicle, that system can become disconnected and require a manual release.

Every Tesla has a manual release, but it’s often hidden in a place that passengers may not know to look, or may have difficulty finding in an emergency scenario, especially for rear seat passengers.

On the Cybertruck, the front manual door release is relatively easy to access, just in front of the window switches. Indeed, sometimes passengers will accidentally pull this lever rather than the electronic door release (which is not recommended, as it can damage the window trim). In the event of this crash, at least one passenger was described as “barely conscious,” and thus operation of the door handle may not have been an option.

But the rear release is much harder to find. To access it, one must remove a rubber mat from the map pocket, revealing a mechanical release cable with a loop on the end, then pull it forward.

Tsukahara’s parents say that she “was alive after the crash. She called out for help. And she couldn’t get out.” It is conceivable that simpler door handles may have resulted in a different outcome, though three of the vehicle’s doors were obstructed by the wall and tree that it had crashed into. The right rear door, the seat occupied by Nelson, was unobstructed, according to the Nelsons’ lawsuit.

Tesla’s other cars have similarly hidden mechanical door releases in the rear, under carpet under the seat in the Model S, under the map pocket in the Model 3 and Model Y, or behind the speaker grille in the Model X.

These designs have resulted in criticism, and have been the focus of government agencies recently. Tesla is currently being investigated by the NHTSA over its door handle design, and Tesla has confirmed that it is finally redesigning its handles.

Elsewhere in the world, Chinese auto regulators are mulling a ban on retractable door handles, as many sleek new EVs have taken on the trend that Tesla started with its flush door handles.

There have been several lawsuits against Tesla for deaths in its vehicles, often associated with the company’s Autopilot or Full Self-Driving systems. The company typically chooses to settle these lawsuits out of court, despite CEO Elon Musk stating “we will never surrender/settle an unjust case against us, even if we will probably lose,” though it did refuse to settle a recent case and ended up with a $243 million judgment against it, in the first Tesla ADAS case that reached trial.

While this crash had nothing to do with the company’s driver assist systems, it will be interesting to see how Tesla responds to this lawsuit.

The two cases are Nelson v Tesla Inc. and Tsukahara v Dixon, both filed in the California Superior Court in Alameda County. Tsukahara’s case has been set for trial in February 2027.

Electrek’s Take

When I was in high school, a very similar accident happened. A large SUV was speeding around a curve, lost control, and rolled. The teenagers inside were under the influence, though the driver wasn’t in this case. It was national news, and significantly affected our community.

Many other communities have felt the same. It’s a common story. And yet, we still keep building these giant, lumbering land yachts, thinking that it enhances safety when it does not.

But that’s somewhat of an aside here. If the Cybertruck were more nimble or less “impenetrable,” maybe the crash results would have been different. But the focus on door handles is one simple, clear change that would have saved lives in this instance.

Tesla has always had weird door handles, and the door handles have always ended up causing some sort of problem. Whether it be overly complicated latches which make repair costly as in the Model S, overly complicated door which delay release like the Model X, oddly-placed manual door releases that can cause abnormal wear on the Model 3 and Y, or even the svelte door handles on my original Roadster which are currently giving me a weird problem I can’t even explain here, this is a pattern.

And the pattern doesn’t just apply to door handles, but to much of how Tesla works as a company, with the “move fast and break things” approach common in technology. While Tesla has been innovative, those innovations sometimes have come with less consideration for safety than they perhaps should have.

Now, with these Cybertruck deaths, maybe we can finally get a little reason and have Tesla be more normal with its door handles, at least.


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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.

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Rad Power offers $200 discount and up to $210 in FREE bundled gear on e-bikes from $1,399, Exclusive Anker S340 solar cam low, more

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Rad Power offers 0 discount and up to 0 in FREE bundled gear on e-bikes from ,399, Exclusive Anker S340 solar cam low, more

It’s another EV-heavy day of Green Deals, headlined by Rad Power’s newly launched Haul-o-ween Sale that is taking $200 off one e-bike, while offering up to $210 in FREE bundled gear with several other new and legacy models, like the Radster Trail Off-Road e-bike and the Radster Road Commuter e-bike getting a $199 free cargo kit for $1,999, while other deals start from $1,399. We also secured up to $280 in exclusive savings on nine Anker eufy security devices, like the SoloCam S340 Solar Security Camera at a new $110 low. We also have new low prices on Heybike’s Hero Carbon-Fiber All-Terrain e-bikes starting from $2,099, an Autel 40A level 2 smart EV charger discount, and more waiting for you below. And don’t forget about all the hangover deals collected at the bottom of the page, like yesterday’s exclusive new Jackery Explorer 3000 v2 (HomePower 3000) low price, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Tested: Anker SOLIX C1000 Gen 2 portable power station brings ample support in a smaller and lighter unit

Anker is hands-down one of the most well-known tech accessory brands with an extensive lineup of consumer electronics, and its SOLIX sub-brand has making waves in the  portable backup power solution space. Its C1000 power station made big waves when it first hit the market in 2023, quickly becoming a popular charging solution for camping and other outdoor activities, in particular. Now, two years later, the Anker has introduced its SOLIX C1000 Gen 2 Portable Power Station, which I was lucky enough to snag and test out, and which I believe will outshine its predecessor in the long run. Head below to get my hands-on impressions of this all-new solar generator.

To get our full hands-on impression of this new portable backup power solution, be sure to check out our review here.

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man and woman riding Rad Power Radster Trail e-bikes through forest

Rad Power’s Haul-o-ween Sale offers up to $210 in FREE cargo or starter gear with new and legacy e-bikes starting from $1,399

Rad Power Bikes has launched its Haul-o-ween Sale, with a $200 discount on its RadRover 6 Plus e-bike, as well as several other models (new and legacy) getting up to $210 in FREE bundle kits and accessories. Amongst the models seeing bundles attached, you’ll find the Radster Trail Off-Road e-bike getting a free $199 cargo kit at $1,999 shipped, with its Radster Road Commuter e-bike sibling getting the same kit for $1,999 shipped too. Just be sure to add the e-bikes and the cargo kits (all from the same landing pages) to your cart for the discount to automatically be applied. Originally going for $2,199 at full price since their release in March, we saw the brand officially drop prices to these rates mid-August, with the deals here giving you the continued lowest tracked prices alongside the free gear. Head below to learn more and browse the full lineup of deals while the sale lasts.

The stylish new Radster Trail and Radster Road e-bikes are very similar in their overall designs, with slight differences based on where you plan to spend most of your time riding – down streets or through trails and other off-road areas. They both come boasting 100Nm torque-producing 750W rear hub motors with 720Wh Safe Shield semi-integrated batteries powering them. This combination provides you with up to 65+ miles of pedal-assisted travel (supported by a torque sensor) at up to 20/28 MPH top speeds, depending on state-specific laws. Among the other shared features, you’ll be gaining hydraulic disc brakes, hydraulic suspension forks, auto-on headlights, brake-activated taillights, turn signaling functionality, rear cargo racks, a color display with a Type-C port, and more.

There are also the shared smart features here, which include passcode locking, an included security fob, and more. Where these models differ, as you may already be able to guess, is mainly in their tires. The Trail model bringing along 27.5-inch by 3-inch Kenda Havoc puncture-resistant tires for your off-roading fun, while the Road model has been equipped with 29-inch by 2.2-inch Kenda Kwik puncture-resistant tires, as well as some differing fender/handlebar designs too.

Rad Power Bikes Haul-o-ween discounts:

Rad Power Bikes Haul-o-ween bundle/accessory deals:

  • RadRunner Cargo Utility e-bike: $1,499 (No price cut)
    • 20 MPH for up to 55+ miles
    • gets FREE $210 starter kit (added on landing page)
  • RadWagon 4 Cargo e-bike: $1,799 (No price cut)
  • RadRunner Plus Cargo Utility e-bike: $1,799 (No price cut)
    • 20 MPH for up to 55+ miles
    • gets FREE $210 starter kit (added on landing page)
  • Radster Trail Off-Road e-bike: $1,999 (No price cut)
    • 20/28 MPH for up to 65+ miles
    • comes with FREE $199 cargo kit (added on landing page)
  • Radster Road Commuter e-bike: $1,999 (No price cut)
    • 20/28 MPH for up to 65+ miles
    • comes with FREE $199 cargo kit (added on landing page)
  • RadRunner Max Cargo Utility e-bike: $2,299 (No price cut)
    • 20/28 MPH for up to 60+ miles
    • gets FREE $210 starter kit (added on landing page)
  • RadWagon 5 Cargo e-bike: $2,399 (No price cut)
Anker eufy SoloCam S340 solar security camera with solar panel attached to house

Upgrade your security with up to $280 in exclusive savings on Anker eufy cameras and smart locks at new lows from $70

We’ve secured quite the lineup of exclusive deals for our readers from Wellbots on Anker eufy security devices, with most at new low prices, like the SoloCam S340 Solar Security Camera at $109.99 shippedafter using the exclusive code 9TO5EUF90 at checkout. Normally, this model runs for $200 at full price, which we’ve seen drop as low as $123 this year, while last year saw things fall lower to $120 during Cyber Monday sales. While these exclusive savings last, you’ll be getting $90 taken off the tag, landing it at a new all-time low price. Head below to learn more about this device and the others benefiting from exclusive discounts.

If you want to learn more about this camera, as well as browse the full lineup of deals, be sure to check out our original coverage of all the exclusive security savings here.

man on Heybike Hero e-bike atop mountainous terrain

Heybike’s premium Hero carbon fiber mid-drive and rear hub all-terrain e-bikes at new lows from $2,099

As part of its ongoing Prime Fall e-bike Sale, which has given us new low prices on the ALPHA all-terrain and Hauler cargo e-bikes, Heybike has also dropped the price lower-than-ever on its Hero Carbon-Fiber All-Terrain e-bikes too. You can find the 1,000W rear hub model down at $2,099 shipped, while its upgraded 750W mid-drive model is sitting at $2,299 shipped. These are some of the brand’s higher-end EVs, which normally go for $2,599 and $3,099 at full price, and which have mostly received $100 to $300 discounts over the year, save for select events, like its anniversary sale, where we saw things go lower to $2,199 and $2,499. Now the savings are bigger and better than ever, as the $500 and $800 markdowns here land the costs at new all-time low prices.

If you want to learn more about these two e-bikes, be sure to check out our original coverage of these deals here.

man charging vehicle with Autel EV charger

Bring home Autel’s 40A MaxiCharger AC Lite level 2 EV charging station with an AI voice assistant for $379

Through its official Amazon storefront, Autel is dropping costs on its MaxiCharger AC Lite Home 40A Smart AI Level 2 EV Charger to $379 shipped in both colorway options. This is an at-home charging solution that normally runs for $470 at full price, with regular discounts to $399 over the year, and only one-time falls to $376 and the $352 low, which appeared back during Memorial Day sales. You can pick it up here at only $3 more than July’s Prime Day rate, saving you $91 off the going rate for the third-lowest price we have tracked.

If you want to learn more about this EV charging station, be sure to check out our original coverage of this deal here, while its 50A counterpart can be found at $455 here.

Review: Ride1Up’s Revv1 DRT e-bike is a rugged off-roader with plenty of suspension and hidden punch

When it comes to e-bikes, most people’s immediate thought is a commuter model designed to get you through streets to your various destinations, but with Ride1Up’s Revv1 DRT e-bike, the fun is extended (and primarily focused) to off-road adventures, and boy, does this baby have some go in it. It’s been over two years since we reviewed the Revv1 FS counterpart, which we came away quite impressed with its SUPER73-like design. Now we’re heading off the beaten path with this newer off-road variant, which boasts improved specs that outshine its predecessors in the series.

To get our full hands-on impression of this e-bike, be sure to check out our review here.

anker solix early prime day power station sale
ecoflow early prime day power station sale
jackery Early Prime Day Power Station Sale

Best Fall EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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Nissan LEAF hit with a big recall, more than 19,000 vehicles affected

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Nissan LEAF hit with a big recall, more than 19,000 vehicles affected

It’s a good thing the new 2026 LEAF should be here any day. The recall affects over 19,000 Nissan LEAF vehicles, model years 2021-2022, because the battery may overheat during fast charging. Here’s the fix.

Nissan LEAF recall impacts 19,000+ vehicles

Nissan’s OG, the LEAF, has been hit with yet another recall. In a letter sent to the National Highway Traffic Safety Administration (NHTSA) on October 2, Nissan announced a recall of 19,077 LEAF models from 2021 to 2022.

The recall only affects models that are equipped with a Level 3 quick charging port. Nissan said the battery may overheat during fast charging.

After an investigation, Nissan found that LEAF models built between November 3, 2020, and May 23, 2022, at its Smyrna Assembly plant, may have an issue with excessive lithium deposits within the battery cells. If that happens, the increased electrical resistance can cause the battery to overheat or catch fire during Level 3 charging.

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Nissan is preparing a software update to fix the issue. Once it’s ready, Nissan said owners of affected vehicles will be notified with an “Invitation to Repair Owner” letter, which will include further instructions.

Nissan-LEAF-recall-19,000
2025 Nissan LEAF (Source Nissan)

The letters are expected to be mailed out, starting on October 24, 2025. Dealers will update the battery software, free of charge. Until it’s ready, Nissan is urging owners not to use Level 3 quick charging.

For those with LEAF models that are no longer under warranty, Nissan will include instructions in the owner notification letters concerning reimbursement.

Nissan-LEAF-recall-19,000
2025 Nissan LEAF (Source Nissan)

Owners can contact Nissan’s customer service at 1-800-867-7669. Nissan’s recall number is R25C8. You can also contact the National Highway Traffic Safety Administration Vehicle Hotline at 1-888-327-4236 or visit the nhtsa.gov website for more information.

Nissan-new-LEAF-EV
2026 Nissan LEAF (Source: Nissan

The outgoing LEAF has had several major recalls now, but the third-generation model, set to hit dealerships any day now, promises to fix some of its biggest issues.

Nissan claims the 2026 LEAF has “the lowest starting MSRP for any new EV currently on sale in the US” at just $29,990. It also has a fresh, new crossover SUV-like design, over 300 miles of driving range, and an NACS port (finally) to access Tesla Superchargers.

While Nissan focuses on the new LEAF, its electric SUV, the Ariya, will not be offered in the US for the 2026 model year.

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