Tesla is now offering free lifetime supercharging for Foundation-series Cybertrucks purchased as inventory vehicles, suggesting that it’s having a tough time getting rid of the highly-priced limited edition vehicles.
Tesla has often introduced vehicles with a limited-edition early series, such as the Founders’ and Signature series for early Roadsters, Model S and Model X. It didn’t do the same for the more everyman-focused Model 3 and Y, but brought back the practice for the Cybertruck with the Foundation series.
The Foundation series was a fully-loaded early model, with a $20k markup from base prices and including several options by default. It started delivery at the end of November, 2023.
The vehicle was selling well enough, and while Tesla’s limited editions usually only last perhaps a couple months and a few thousand vehicles, the Foundation series was extended for almost a year, with Tesla only starting to take non-Foundation configurations this October. As a result, Tesla sold somewhere on the order of 30,000+ Foundation series Cybertrucks, far more than its previous limited editions.
But eventually the well of customers willing to pay over $100k for a truck that was originally announced at a $40k base price seems to have ran dry, and Tesla is now having to figure out creative ways to get those vehicles out of inventory.
Recently, Electrek reported that Tesla is even going to the lengths of buffing Foundation series badges off of trucks and then sending them to Canada to sell them as non-Foundation trucks.
Even that, however, seems not to have been enough, as Tesla is now taking the limited amount of Cybertrucks left in inventory and offering free lifetime supercharging for those who purchase them – a perk that original Foundation series trucks did not get.
Lifetime supercharging is an old perk, which Tesla originally offered in its early days, both as an incentive to encourage purchase and because it was easier than building a payment system around a network that they were just building out. The perk went through various iterations, but it eventually became too much, and Tesla ended the free lifetime supercharging era in 2018.
You can find these vehicles on Tesla’s inventory website, and search for vehicles near you. Currently, there are 7 available here in Southern California – not that many, but it is just one region of the country.
To qualify, you must purchase a new Foundation Series Cybertruck after December 27, 2024 – which means original Foundation series owners who were first in line to spend $120k on this truck will not retroactively gain this benefit. The free supercharging perk is tied to your Tesla account and is not transferable to another person or vehicle.
You still have to pay idle and congestion fees at Superchargers, and you can’t use the car to run a taxi service (as the original Tesloop shuttle service did – which was one of the reasons the original perk went away).
But when the truck hit the road, things didn’t go exactly as planned. The vehicle came out late and over budget, also missing some of the specs that were originally promised. The first available “Foundation Series” models started at $100k – a far cry from the promised entry-level $40k. It’s now available at a base price of $79k – but a promised future $61k base RWD model was recently removed that from Tesla’s website.
But nevertheless, demand seems much lower than the sky-high expectations for the vehicle. That ~2 million vehicle backlog only lasted for about 30,000 vehicles, when Tesla started allowing orders without a reservation in October.
Tesla also recently shut down its Cybertruck line for 3 days, and didn’t make any public comment as to why. Various theories were advanced as to why, but during a time where Cybertruck sales don’t seem to be going as planned despite it being a critical time for the company in terms of deliveries, a sudden shutdown is in suspect.
But given the Cybertruck’s polarizing design, high price, and its clear association with Elon Musk who is becoming more and more distasteful by the day, it’s not a big surprise that there are fewer customers for the vehicle than projections might have suggested 5 years ago.
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The e-bike industry in the West has long been a tale of two territories. North Americans enjoy higher speeds and power limits for their electric bicycles while Europeans are held to much stricter (i.e. slower and lower) speed and power limits. However, things might change based on current discussions on rewriting European e-bike regulations.
New power levels are not totally without precedent, either. The UK briefly considered doubling its own e-bike power limit from 250 watts (approximately 1/3 horsepower) to 500 watts, though the move was ultimately abandoned.
But this time, the call for more power is coming from within the house – i.e., Germany. The Germans are the undisputed leaders and trend setters in the European e-bike market, accounting for around two million sales of e-bikes per year. Home to leading e-bike drive makers like Bosch, the country has yet another advantage when it comes to making – or regulating – waves in the industry.
And while there aren’t any pending law changes, the largest German trade organization ZIV (Zweirad-Industrie-Verband), which is highly influential in achieving such changes, is now discussing what it believes could be pertinent updates to current EU electric bike regulations.
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Some of the new regulations involve creating rules maxing out power at levels such as 400% or 600% of the human pedaling input. But a key component of the proposed plan includes changing the present day power limit of e-bikes from 250W of continuous power at the motor to 750W of peak power at the drive wheel.
The difference includes some nuance, since continuous power is often considered more of a nominal figure, meaning nearly every e-bike motor in Europe wears a “250W” or less sticker despite often outputting a higher level of peak power. Even Bosch, which has to walk the tight and narrow as a leader in the European e-bike drive market, shared that its newest models of motors are capable of peak power ratings in the 600W level. That’s still far from the commonly 1,000W to 1,300W peak power seen in US e-bike motors, but offers a nice boost over an actual 250W motor.
Other new regulations up for discussion include proposals to limit fully-loaded cargo e-bike weights to either 250 kg (550 lb) for two-wheelers or 300 kg (660 lb) for e-bikes with more than two wheels. As road.cc explained, ZIV also noted that, “separate framework conditions and parameters must be defined for cargo bikes weighing more than 300 kg (see EN 17860-4:2025) as they differ significantly from EPACs and bicycles in their dynamics, design and operation.” Such heavy-duty cargo e-bikes, which often more closely resemble small delivery vans than large cargo bikes, are becoming more common in the industry and have raised concerns about cargo e-bike bloat, especially in dedicated cycling paths.
It’s too early to say whether European e-bike regulations will actually change, but the fact that key industry voices with the power to influence policy are openly advocating for it suggests that new rules for the European market are a real possibility.
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China just laid out a plan to roll out over 100,000 ultra-fast EV charging stations by 2027 – and they’ll all be open to the public.
The National Development and Reform Commission’s (NDRC) joint notice, issued on Monday, asks local authorities to put together construction plans for highway service areas and prioritize the ones that see 40% or more usage during holiday travel rushes.
The NDRC notes that China’s ultra-fast EV charging infrastructure needs upgrading as more 800V EVs hit the road. Those high-voltage platforms can handle super-fast charging in as little as 10 to 30 minutes, but only if the charging hardware is up to speed.
China had 31.4 million EVs on the road at the end of 2024 – nearly 9% of the country’s total vehicle fleet. But charging access is still catching up. As of May 2025, there were 14.4 million charging points, or roughly 1 for every 2.2 EVs.
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To keep the grid running smoothly, China wants new chargers to be smart, with dynamic pricing to incentivize off-peak charging and solar and storage to power the charging stations.
To make the business side work, the government is pushing for 10-year leases for charging station operators, and it’s backing the buildout with local government bonds.
The NDRC emphasized that the DC fast chargers built will be open to the public. This is a big deal because a lot of fast chargers in China aren’t. For example, BYD’s new megawatt chargers aren’t open to third-party vehicles.
As of September 2024, China had expanded its charging infrastructure to 11.4 million EV chargers, but only 3.3 million were public.
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A U.S. Justice Department logo or seal showing Justice Department headquarters, known as “Main Justice,” is seen behind the podium in the Department’s headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023.
Kevin Lamarque | Reuters
Federal prosecutors have charged two men in connection with a sprawling cryptocurrency investment scheme that defrauded victims out of more than $650 million.
The indictment, unsealed in the District of Puerto Rico, accuses Michael Shannon Sims, 48, of Georgia and Florida, and Juan Carlos Reynoso, 57, of New Jersey and Florida, of operating and promoting OmegaPro, an international crypto multi-level marketing scheme that promised investors 300% returns over 16 months through foreign exchange trading.
“This case exposes the ruthless reality of modern financial crime,” said the Internal Revenue Service’s Chief of Criminal Investigations Guy Ficco. “OmegaPro promised financial freedom but delivered financial ruin.”
From 2019 to 2023, Sims, Reynoso and their co-conspirators allegedly lured thousands of victims worldwide to purchase “investment packages” using cryptocurrency, falsely claiming the funds would be safely managed by elite forex traders, the Department of Justice said.
Prosecutors said the pair flaunted their wealth through social media and extravagant events — including projecting the OmegaPro logo onto the Burj Khalifa, Dubai’s tallest building — to convince investors the operation was legitimate.
A video posted to the company’s LinkedIn page shows guests in evening attire posing for photos and watching the spectacle in Dubai.
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In reality, authorities allege, OmegaPro was a pyramid-style fraud.
When the company later claimed it had suffered a hack, the defendants told victims they had transferred their funds to a new platform called Broker Group, the DOJ said. Users were never able to withdraw their money from either platform.
The two men face charges of conspiracy to commit wire fraud and conspiracy to commit money laundering, each carrying a maximum sentence of 20 years in prison.
The Justice Department, FBI, IRS-Criminal Investigation, and Homeland Security Investigations led the multiagency investigation, with help from international partners.