A young marine electric mobility specialist called LIND is delivering a fresh take on watersports by combining the art of surfboard design with sustainability. LIND’s flagship electric surfboard, called Canvas, has hit the market and is the first of what LIND promises to be a series of “game-changing boards.”
LIND was founded in 2021 with the goal of addressing the gap of riders who either have water but no tide or are too busy to get out and ride when those waves are their easiest. The result is a new electric surfboard that not only gives people the freedom to ride wherever and whenever they want but also pays tribute to traditional surfboard craftsmanship.
That begins with the LIND Canvas, an electric surfboard its makers describe as a micro marine vessel that prioritizes performance while still embodying the look and feel of surf pieces celebrated in the community. This “future classic” electric surfboard comes in two sizes and everything you need to get out on your local lake or marina to start cruising around and turning some heads; check it out.
LIND is bringing added style to electric surfboards
LIND has recently begun accepting preorders for its Canvas electric surfboard, a new design rooted in the company’s mix of Swedish and Californian heritage. LIND’s four years of development have come to fruition in the Canvas, which it describes as “a new way to play.”
The core of this new electric surfboard is the Canvas’ state-of-the-art electric drivetrain technology, sleekly hidden within its underside. The system contains a waterjet that can generate 20 kW of power (nearly 30 hp/3.1 kWh), delivering riders speeds of up to 37 mph (60 km/h). That jet can empty a full bathtub in under 2 seconds (We probably wouldn’t recommend trying that, though, so you’ll have to take LIND’s word for it).
LIND also states that the Canvas arrives as one of the world’s most energy-dense electric vehicles at nearly one hp/kg—twice that of a Tesla Model S or a Formula 1 racecar. The electric surfboard’s swappable battery pack can deliver up to 45 minutes of ride time and recharge in one hour (230-240V) and two hours on a standard 120V plug.
Customers will notice, however, that the Canvas is significantly heavier than a standard surfboard due to its battery and drivetrain, which, combined with the board itself, weigh 74 pounds (33 kg) in total. Simply looking at the Canvas surfboard, especially from the top, it’s hard to notice that it’s electric because LIND made an extra effort to deliver a piece that embodies the look and feel of high-end handcrafted boards that have long been a staple in the traditional surf segment. The company’s co-founder Alex Lind elaborated:
Our approach to product design has been to start from the outside in: to start with a surfboard –something organic, natural and that we all truly respect –and to find a way to seamlessly integrate the boundary-pushing technology required. Our brand vision, on the other hand, is to peel back the layers of what makes surf so attractive and apply those qualities to LIND: the craftsmanship of board shaping and deep connection between a surfer and their board, the ease of ownership, the youthfulness the sport inspires and the artistry of storytelling and filmmaking.
The Canvas electric surfboard is available in two sizes: a shortboard (6’3″ x 20 ⅘” x 5 7/10″, 66 liters) and a mid-length board (6’9″ x 23 ½” x 5 7/10″, 88 liters). Both feature the same drivetrain technology that is controlled using a fine-tuned wireless handheld remote. The result is variety in its initial lineup that gives riders the choice between sharp agressive turns or casual cruising on the water. Per LIND:
In shaping and designing the boards, the common goal among LIND’s team of surfboard shapers, industrial designers and electro-mechanical engineers was to create a board that is an extension of oneself. One that lets the surfer’s eyes lead the way, responding to their movements naturally and facilitating a state of presence and flow, enabling them to focus on the simple beauty of each turn, their surroundings and that very moment.
As previously stated, the LIND Canvas electric surfboard is available for pre-order now with a $2,500 deposit and starts at $24,950 (excl. VAT). Each package, shortboard or mid-length, includes the board, drivetrain, remote, charger, board bag, fins, and more. You can see it in action in LIND’s launch video below:
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China’s EV automakers have surged ahead of the competition in global EV sales, and a new report shows just how far ahead they are.
The International Council on Clean Transportation (ICCT) just dropped its third annual Global Automaker Rating, showing that Chinese carmakers dominate the zero-emission vehicle (ZEV) space. China now accounts for over 11 million EVs sold annually – over half of global EV sales.
Its massive domestic market has helped Chinese automakers build serious momentum. They’ve scaled up, improved tech, and are now setting the pace globally. Companies like Geely and SAIC have already hit 50% EV sales share, meeting their 2025 targets a full year early. In fact, Chinese automakers took the top five spots for ZEV class coverage, and five out of the top six for EV sales share.
Meanwhile, automakers in the US and Europe are trying to catch up. But they’re facing a dual challenge of falling behind on tech while navigating shaky regulatory environments.
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The report also confirmed a big milestone: In 2024, BYD officially surpassed Tesla in global battery electric vehicle (BEV) sales for the first time. BYD’s BEV sales jumped 25%, and its combined BEV and plug-in hybrid sales climbed an impressive 47% year-over-year. Still, both BYD and Tesla remain in the “Leaders” category.
Automakers boosted energy efficiency, charging speed, and driving range thanks to newer, high-performance models.
“Our assessment revealed widespread improvement in BEV technology performance across the industry,” said Zifei Yang, ICCT’s global passenger vehicle lead. “GM and Honda made significant advancements by introducing high-performance models to their previously limited offerings, while companies like Geely, Chang’an, and Chery improved substantially with new high-performance EV lines.”
India’s Tata Motors also hit a turning point. For the first time, it graduated from ICCT’s “laggard” group to “transitioner,” thanks to new EVs and big moves on battery recycling and repurposing. While Japanese and South Korean automakers are still lagging behind, Honda and Nissan are inching forward. Honda launched its first US BEV, and Nissan finally clarified its ZEV targets.
One newer addition to this year’s report: a green steel metric. Since steel is the second-largest source of emissions in vehicle manufacturing (after batteries), ICCT now tracks which automakers are cutting emissions in the supply chain. European brands like Mercedes-Benz, BMW, and VW earned high marks for sourcing renewable-powered green steel.
ICCT’s CEO, Drew Kodjak, summed it up: “The rapid evolution of the EV market in China has created technological and manufacturing advantages for companies there. For the wider global auto industry, this is no longer just about meeting future goals – it’s about remaining competitive today in a market that’s charging up.”
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Bloomberg has just released an embarrassingly bad report about the self-driving space, in which it claimed Tesla has an advantage over Waymo by misrepresenting data.
There are currently many eyes on Tesla’s imminent launch of its “robotaxi” service in Austin, Texas.
At the same time, Bloomberg Intelligence released its own report, claiming that Tesla is ahead in self-driving technology, but the firm misrepresented data to support its claim.
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The report compares Tesla’s and Waymo’s self-driving efforts, going so far as to claim that “Tesla is closer to vehicle autonomy than peers.”
Here are the two main charts that Bloomberg circulated from the report:
The problem is that the report is misleading by comparing completely different data.
Steve Man, the Bloomberg Intelligence analyst behind the report, based his report on Tesla’s own quarterly misleading “Autopilot Safety Report.”
The report is widely considered to be unserious for several main reasons:
Tesla bundles all miles from its vehicles using Autopilot and FSD technology, which are considered level 2 ADAS systems that require driver attention at all times. Drivers consistently correct the systems to avoid accidents.
Tesla Autopilot, which is standard on all Tesla vehicles, is primarily used on highways, where accidents occur at a significantly lower rate per mile compared to city driving.
Tesla only counts events that deploy an airbag or a seat-belt pretensioner. Fender-benders, curb strikes, and many ADAS incidents never appear, keeping crash counts artificially low.
Finally, Tesla’s handpicked data is compared to NHTSA’s much broader statistics that include all collision events, including minor fender benders.
All these facts combined render the comparison between Tesla’s accident rate using “Autopilot technology” and NHTSA’s US average completely useless.
Yet, Bloomberg decided not only to use it but also to compare it to Waymo’s data to claim that “Tesla is 10 times safer”:
The problem with this is similar to the comparison with the US average, as the Waymo data includes all police-reported incidents, which is a much wider net than Tesla’s data, in addition to the previously mentioned issues.
To highlight how big a potential discrepancy there is in the data, NHTSA underscored in a report last year how Tesla is not aware of many crashes involving Autopilot and that only 18% of police-reported crashes involve airbag deployment:
Gaps in Tesla’s telematic data create uncertainty regarding the actual rate at which vehicles operating with Autopilot engaged are involved in crashes. Tesla is not aware of every crash involving Autopilot even for severe crashes because of gaps in telematic reporting. Tesla receives telematic data from its vehicles, when appropriate cellular connectivity exists and the antenna is not damaged during a crash, that support both crash notification and aggregation of fleet vehicle mileage. Tesla largely receives data for crashes only with pyrotechnic deployment, which are a minority of police reported crashes. A review of NHTSA’s 2021 FARS and Crash Report Sampling System (CRSS) finds that only 18 percent of police-reported crashes include airbag deployments.
Knowing full well the comparison is not fair and completely misrepresents the situation, the usual Tesla stock pumpers on X widely shared Bloomberg’s misleading report positively, and even CEO Elon Musk shared the misleading data:
Electrek’s Take
This is embarrassing for Bloomberg. It’s such a blatant error and misrepresentation that it is suspicious. They should issue a correction right away.
Tesla fanboys are now pushing this to try to prove that Tesla’s robotaxi is safe to launch amid Tesla doing everything it can to hide its self-driving crash data ahead of the launch. This is a dangerous report from Bloomberg.
Additionally, it’s not just the primary claim regarding the accident rate that is misleading. The report also contains several glaring errors.
In this chart, Bloomberg claims that Tesla is at “3 billion miles of data collected since launched”:
It looks like they simply use Tesla’s “cumulative miles driven with FSD (Supervised)”, which includes driver supervision, and the driver remains responsible for correcting FSD at all times.
In comparison, they talk about 22 million miles for Waymo. It looks like Bloomberg only used Waymo’s rider-only mileage in San Francisco, which is currently at 22 million miles, but when accounting all markets, Waymo is currently at more than 71 million miles:
It’s not clear why they would only use mileage in San Francisco for Waymo when they used Tesla’s global customer FSD mileage for Tesla.
Again, these are also “rider-only” miles, which means that there are only people riding inside the Waymo vehicles, compared to Tesla’s mileage being completely supervised by customer-drivers at all times.
We simply don’t know how many “rider-only” miles Tesla has, since it only started with one or two cars in Austin over the last few weeks. It is likely to have no more than a few hundred or a few thousand miles.
Regardless, it’s completely nonsensical to claim that Tesla is “ahead of its peers” in self-driving, especially Waymo, based on this report.
Tesla is currently only trying to launch something that Waymo has been doing for years.
The other argument the report attempts to make is that Tesla’s “self-driving” vehicles are approximately 7 times cheaper than Waymo’s.
Again, the problem is that Tesla’s vehicles are not self-driving. Tesla has yet to prove that, and that’s why it is using “plenty of teleoperation” in this launch in Austin. Mapping, optimizing for geo-fenced area, and teleoperations are the real limiting factors here. Not the cost of the vehicles.
Suppose Tesla has anything less than a 100-to-1 vehicle-to-teleoperator ratio. In that case, its system is not profitably scalable and I wouldn’t be surprised if it has a 1-to-1 ratio for the foreseeable future – at least on its current hardware.
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Smoke billows from an explosion at the Islamic Republic of Iran Broadcasting (IRIB) building in Tehran on June 16, 2025.
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The U.S. stock market rose and oil prices retreated amid news that Iran wants a ceasefire with Israel. As early as the first days of Israel’s strikes, Tehran reportedly asked several countries to persuade U.S. President Donald Trump to call on Israel for an immediate ceasefire, NBC Newsreported, citing a Middle East diplomat with knowledge of the situation.
When asked at a news briefing Monday about the prospect of a ceasefire, however, Israeli Prime Minister Benjamin Netanyahu indicated he was not interested in one, according to NBC News. Netanyahu said Israel is “not backing down” from eliminating Iran’s nuclear program.
Regardless of how negotiations — or the lack thereof — play out, it’s clear that countries are placing renewed emphasis on defense. The U.S. Defense Department is turning to artificial intelligence to bolster its forces, announcing on Monday a one-year contract with OpenAI “to address critical national security challenges in both warfighting and enterprise domains.”
Amid the Monday developments regarding armed conflict and defense considerations, the Trump Organization announced a mobile phone plan called Trump Mobile and a smartphone, clad in gold and emblazoned with an American flag, dubbed “T1.” Putting aside iffy ethical issues about the sitting U.S. president lending his name to consumer products, their unveiling seemed ill-timed and tone deaf.Perhaps the reception over Trump Mobile was spotty.
Safe-haven assets dip In another sign the markets are shrugging off the Israel-Iran conflict — which continued for the fourth consecutive day — both safe-haven assets and oil prices dipped Monday. At the end of the trading day stateside, spot gold prices fell 1.03%, while the dollar index dipped 0.07%. Meanwhile, U.S. crude fell 1.66% to settle at $71.77 and international benchmark Brent lost 1.35% to close at $73.23 a barrel.
‘Golden share’ in U.S. Steel Shares of U.S. Steel rallied 5.1% Monday after Trump issued an executive order on Friday that allowed the firm and Nippon Steel to finalize their merger so long as they sign a national security agreement with the U.S. government. U.S. Steel said Friday that the agreement, which both companies have signed, includes a golden share for the U.S government, which would give it veto power over many decisions.
OpenAI wins contract from Defense Department OpenAI has been awarded a $200 million one-year contract to provide the U.S. Defense Department with artificial intelligence tools, the latter announced Monday. It’s the first contract with OpenAI listed on the Department of Defense’s website. In December, OpenAI said it would collaborate with defense technology startup Anduril to deploy advanced AI systems for “national security missions.”
Trump Organization enters telecommunications The Trump Organization, a company owned by the current U.S. President, on Monday announced a mobile phone plan and a $499 smartphone set to launch in September. The company’s new foray into telecommunications mainly comprises a licensing agreement. On Friday, the president reported that he had made more than $8 million in 2024 from various licensing agreements.
[PRO] What would it take for markets to react? Equity and energy markets appeared to shake off concerns of a wider conflict in the Middle East on Monday, reversing some of the moves from late last week. Such a response to geopolitical conflict is not unusual, according to one strategist, who explained what it would take for markets to feel the effects of the hostilities.
And finally…
U.S. President Donald Trump raises a fist as he steps off of Air Force One upon arrival at Calgary International Airport, before the start of the G7 summit, in Alberta, Canada, June 15, 2025.
As leaders of the world’s largest advanced economic powers gather in Canada for this year’s Group of Seven summit, ongoing trade instability and turmoil in Ukraine and the Middle East are set to dominate talks.
With uncertainty over those major issues largely arising from the White House’s economic and foreign policy, allies are likely to ask whether Trump stands with them, or against them on major geopolitical points.
Asked if he planned to announce any trade pacts at the summit as he left the White House on Sunday, Trump said: “We have our trade deals. All we have to do is send a letter, ‘This is what you’re going to have to pay.’ But I think we’ll have a few, few new trade deals,” in comments reported by The Associated Press.