A new report states that Tesla will pause part of new Model Y production at Gigafactory Shanghai for 3 weeks to upgrade the lines.
The shutdown will extend beyond the regular Chinese New Year.
The Chinese New Year is technically 2 weeks long, but the official holiday lasts a week, during which significant parts of the country’s industries shut down.
That includes the auto industry and Tesla, but it looks like the American automaker plans to do things a bit differently this year after having just started production of its updated Model Y at Gigafactory Shanghai.
According to a new report from Bloomberg, Tesla plans to shut down part of its new Model Y production lines from around January 22 to February 14.
In comparison, Tesla only plans to shut down production of the Model 3, the only other vehicle produced at the plant, from January 26 to February 3.
Tesla only recently started production of the updated version of its best-selling electric SUV. The report states that the automaker will take advantage of this extended Lunar New Year shutdown to upgrade parts of the production lines in order to streamline and ramp up production capacity.
The automaker delivered about 480,000 Model Ys in China in 2024 – up about 5% year-over-year.
It makes sense. Over the last few weeks, Tesla has basically been running a pilot of production of the upgraded version, which is entirely different from the previous version, but there are enough differences that new parts and processes can create bottlenecks.
Tesla likely found ways to optimize production during that time and now will implement it during this extended shutdown.
We will try to keep track of the Model Y production and rollout in China as any delay or production issues can be extremely impactful, considering the Model Y is the world’s best-selling EV and China is the biggest EV market.
Any kind of issue there can be extremely impactful on Tesla and the broader EV market.
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Olto, the second electric two-wheeler model from the mobility startup Infinite Machine, was just unveiled as a bike lane-ready moped ready to conquer US cities. Combining slick design with high-tech features, it brings many automotive-level hallmarks to the e-bike market.
After the Cybertruck-looking Infinite Machine P1 was revealed nearly two years ago, offering a nearly highway-capable electric two-wheeler, the company is now back with a much tamer model designed to be easier to produce… and to purchase.
The result is still just as futuristic as we’d expect, given Infinite Machine’s penchant for those metallic body panels and slick design scheme. But the performance is more muted, allowing it to fit into Class 2 e-bike regulations for full compliance with bicycle lanes in most cities and eschewing any pesky licensing or insurance requirements.
That means it has a top speed of 20 mph (32 km/h) and functional pedals, even if they aren’t likely to get used very much. Infinite Machine seems to understand that point, designing a magnetic leveling feature that holds them flat to better serve as footrests when they’re being used as, well, footrests. The top speed matches Class 2 e-bike regulations, though it can be unlocked in “Off-road mode” to reach 33 mph (53 km/h).
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The UL-certified battery is a 48V 25Ah pack with 1.2 kWh of capacity – or enough for a claimed 40 miles (64 km) of real world range.
The battery is easily removable, with the clever design allowing it to be dropped into the battery compartment in any orientation. Unlike a typical electric bicycle battery that needs to be carefully aligned on small guide rails, the Olto’s battery can simply be plopped into place in whatever orientation is most convenient based on where the rider is standing.
A home charging dock allows the battery to be similarly plopped onto the charger, with fast charging bringing the battery back up to 50% charge in just an hour or fully charged in three hours.
If that’s still not fast enough, a second battery could presumably be kept on the charger to be swapped in while the first is charging, though 40 miles (64 miles) is likely plenty of range for most urban commuters. The 20 lb (9 kg) battery is light enough to be carried indoors to charge at work or another destination if a planned route is expected to exceed 40 miles round trip.
High-tech features throughout
Despite the electric bicycle-level performance, the Olto carries technology and features that seem more at home in the automotive world.
For example, the anti-theft features are numerous. On the electronic side, they include GPS and LTE tracking with movement notifications to the owner’s phone, as well as a dedicated AirTag slot for added peace of mind, plus an electric lock that prevents the motor or rear wheel from turning. A second auxiliary battery in the vehicle ensures these features still work even when the main battery has been removed for charging, and the major components like the motor and battery are electronically locked to the Olto. On the physical side, turning off the moped engages a steering column lock that prevents the handlebars from being turned, and a special U-lock mount has been built into the scooter for even more secure parking.
The Olto includes several physical designs that go above and beyond what we generally see in bike lane-ready vehicles, such as totally hidden wires and suspension (oh right, it’s got full suspension for both the front and rear), insertable sidewalls for the step-through portion to enable more cargo carrying capacity, and a long enough bench seat with hidden pop-out rear passenger footpegs and grab handles for carrying a second rider (though the bench doesn’t look like the most comfortable seat I’ve ever seen). Two helmet hooks built into the under-seat storage area allow riders to leave their helmets hanging yet securely locked to the moped, similar to a motorcycle. Bag hooks, like on a seated scooter, make it easier for riders to carry light cargo between their legs.
Unlocking the Olto can be performed with the owner’s phone using Bluetooth proximity unlocking (or an NFC card, if your phone is out of battery or not with you). That digital unlocking feature also allows riders to share temporary or permanent access with friends or family so they can also unlock and use the moped from their phone. Speaking of phones, there’s a secure compartment with USB charging so riders can charge their phone while it’s safely locked on the moped. The high-visibility LED lighting system includes high and low-beam headlights, daytime running lights, and a full turn signal package. There’s also a genuine motorcycle horn – not one of those weak e-bike “meep meep” horns.
While the high-tech features feel more automotive-level, the Olto still draws inspiration from the e-bike industry, especially with its line of bolt-on accessories. From utility racks and baskets to child carriers, the add-on accessories feel very much like the type of gear you’d add to a traditional electric bicycle to gain even more functionality from it – though Infinite Machine’s versions certainly do look a bit sleeker.
Is the Olto an electric bicycle or an electric motorcycle?
It’s fairly obvious that the Olto is walking a fine line when it comes to legality. The whole point of this vehicle is that it is intended to fit into electric bicycle regulations, allowing its use in bicycle lanes instead of being limited purely to surface street use, as well as free riders from the licensing, registration, and insurance requirements of motorcycles. And to achieve those goals with a vehicle that is as “grey area” as they come, the spec sheet walks a fine line as well.
For example, the rear hub motor is listed as 750W nominal, though is capable of 2 kW in “off-road” mode. The Olto’s top speed is 33 mph (53 km/h), though again, only in off-road mode. In the on-road mode, which riders presumably are expected to pinky promise that they’ll stick to when riding in bike lanes and city streets, the speed is limited to 20 mph (32 km/h), or the same as a Class 2 electric bicycle.
Then there are the pedals. They are fully functional, though they aren’t exactly necessary. That’s not different than a typical Class 2 e-bike, at least on the surface. It’s common for electric bicycle riders in the US to treat pedals as stationary footrests, relying instead on the throttle for power. But the difference with the Olto is that the pedals have a feature to magnetically level them for more comfortable footrest-like use by riders who don’t care about the charade of “well, I could pedal it if I wanted to…”.
So again, everything here checks the box to make it a street-legal electric bicycle in nearly every jurisdiction in America. But the Olto is also obviously designed to make it as convenient as possible to ride as a scooter instead of a bicycle.
The company put it well, describing the Olto as a mobility tool that gets more people out of cars and onto more efficient, city-friendlier vehicles. “We believe the best way to get around cities is with smaller, smarter vehicles. We started Infinite Machine to build the best of them. Olto is our second product—and for many, their first step beyond cars. A Class 2 e-bike built for the bike lane. No insurance, no registration—just freedom. A product and a tool. Infinite Machine isn’t about autonomous vehicles. It’s about autonomous humans—tools that let people carve their own path.”
But if it has e-bike performance, then what’s the point?
Priced at US $3,495 (and now taking $100 reservations for delivery later this year), the Olto is either a cheap moped or an expensive e-bike, depending on how you look at it. And since it has e-bike performance, I can see many people asking why they would expect to pay so much more for a 20 mph ride.
And that’s the exact question I posed to Joe Cohen, the CEO and co-founder of Infinite Machine. As he explained, it’s all about what the Olto provides that conventional electric bikes have missed out on, and how all of those feature combine in a single vehicle.
“What makes Olto special isn’t any single feature—it’s how everything comes together,” Joe told me. “Rather than retrofitting a bicycle with a battery and motor, we started from first principles to build the perfect bike-lane vehicle: it is snappy and quick, sturdy, nearly impossible to steal, and beautiful. It has automotive-grade components (hydraulic brakes, horn, turn signals, lighting) and technology throughout (LTE/GPS always-on tracking). It prioritizes real-world use cases with a hot-swappable, high-capacity battery, seating for two, and a modular accessory system. But in the end, when you’re riding Olto, you forget about all of these details—it all just works.”
Electrek’s Take
Here’s the thing. This isn’t the first time we’ve seen this concept of two-wheeled vehicles designed to act like bicycles, but I think it’s the most elegant example yet. And I also think it’s the most ethical example yet. Most of the time, we’re talking more about Sur Ron-style bikes that are effectively 50 mph e-dirt bikes with bolt-on pedals used as a cheap attempt to skirt the law. But this isn’t that. In this case, Infinite Machine has built something that is halfway between an e-motorcycle and an e-bicycle, but instead of giving it motorcycle performance with e-bike parts, they’ve given it e-bike performance with motorcycle parts. And that’s the key to making this type of vehicle actually work in our cities, both on the street and in the bike lane.
If we look at the legal side, this is absolutely, 100% a street-legal Class 2 electric bicycle (in most places in the US). But they’ve managed to bring so much of the design, manufacturing, and technology used in electric motorcycles to the e-bike world that riders are now getting an e-bike that offers 10x what it used to. Hidden locks, GPS tracking, full-suspension, steering lock, tamper notifications on your phone, secondary battery to power anti-theft measures when the first battery is removed, fast charging dock, designed to be left outside in the elements, locking storage, motorcycle horn, real mirrors, motorcycle grade hydraulic disc brakes, upright scooter-like riding position, and so much more. Your e-bike might have a couple of these features, but I can guarantee it doesn’t have all of them.
And at the same time, let’s be honest: most people are going to put it in off-road mode on their first day and never see the 20 mph speed limit again. That will allow riders to better pace car traffic in big cities, something that we at Electrek have long felt is a safety feature for two-wheelers. Being able to keep up with traffic on an e-bike or scooter, even if that means going a few miles-per-hour over the legal limit, means fewer interactions with cars and a safer environment for everyone. However, with appropriate emphasis added, 33 mph on a 176 lb vehicle is much too fast for a bicycle lane, and it would be egregiously irresponsible for riders of a vehicle like this to endanger other cyclists in the bike lane like that. So I hope that riders can be responsible enough to realize that, and only use off-road mode where it is safe to do so. But considering we let anyone over 16 years old choose how fast they want to drive a 6,000 lb vehicle, I’m not exactly going to overexert myself suggesting that it’s the sub-200 lb, sub-35 mph two-wheeler category where we should be focusing our regulatory or enforcement efforts just yet.
Long story short, bravo, Infinite Machine. You knocked it out of the park on this design. Now, you just have to deliver on your promises. Good luck, we’re all watching.
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Tesla has launched updated versions of its flagship Model S and Model X vehicles. The updates are fairly minor, but they come with a $5,000 higher price tag.
Now, Tesla has officially launched the updated Model S and Model X, and it is quite a disappointing update, to say the least.
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Here’s are the official changes that Tesla listed:
Frost Blue paint color
Up to 410 miles of range (Model S Long Range – our longest range Tesla yet)
Even quieter inside: less wind + road noise & more effective Active Noise Cancellation
New wheel designs & improved aerodynamics = more range
Front fascia camera for better visibility
Dynamic ambient lighting that brings unique animations along the dash & doors upon entry
An even smoother ride thanks to new bushings & suspension design
Adaptive driving beams
New exterior styling for Model S Plaid, optimized for high-speed stability
More space for 3rd row occupants & cargo (Model X)
The new Frost Blue paint is a $2,500 option. Here’s what it looks like in the online configurator:
Tesla has increased the range of the vehicle by only 5 miles on the 19-inch wheels, which have been updated to a new design called Magnetite. – pictured above.
Tesla says that they are more aerodynamic than the previously 19″ wheels, and that appears to be where Tesla gained five more miles of range.
For a $4,500 upgrade, you can now get the new 21″ Velarium wheels, which reduce to 380 miles, which is actually 2 miles fewer than the previous Model S on 21″ wheels.
As for the new Model X, it gets new 20″ Perihelix wheels and 22″ Machina wheels:
Tesla claims to have improved cabin noise, but it didn’t share any metrics to compare.
The automaker added a new front bumper camera, which should help detect road conditions, like potholes, for its ADAS systems:
Tesla also brought its dynamic ambient lighting, that were more recently introduced in Model 3 and Model Y, to the new Model S and Model X.
You can see the light strip running around the doors and the dash in this picture:
The flagship Model S and Model X only catching up to the much cheaper Model 3 and Model Y can be a bad look, but Tesla did bring one new thing not available on the cheaper vehicles: “unique animations along the dash and doors upon entry.”
Tesla appears to have shared an image of the entry animation:
Tesla also mentions having added new bushings and updated its suspension design without offering more details.
Like the rest of Tesla’s lineup, the Model S and Model X are also getting new adaptive driving beams.
There are a few new and update design accents, but those would only be noticeable if you are extremely familiar with the Model S and Model X, like the new matte (instead of chrome) front logo.
The Plaid Model S, the top performance version of the vehicle, is getting a few more updates with a new rear difuser and slightly updated front-end, but it’s nothing significant.
Tesla says that the changes result in improvements in “high-speed stability”:
The Model X gets “more space for 3rd row occupants and cargo,” but Tesla didn’t share any specifics.
Arguably, the biggest change is the price. The Model S and Model
Model X:
Long Range: $89,990 – increased by $5,000
Plaid: $104,990 – increased by $5,000
Model S:
Long Range: $84,990 – increased by $5,000
Plaid: $99,990 – increased by $5,000
Electrek’s Take
This is a very mild update, to say the least. When Lars Moravy announced that Tesla would refresh the vehicles later this year, he said that they will show the Model S and Model X lineup “some love,” but that doesn’t look like love to me. It looks like an afterthought.
Not so long ago, Tesla aimed to sell 100,000 Model S/X per year. Now, Tesla is not even reporting Model S/X sales anymore, and they were estimated to be below 50,000 units globally in 2024.
In Q1 2025, Tesla reported 12,881 vehicle deliveries in its “other models” category, which includes Model S, Model X, Cybertruck, and Tesla Semi.
Tesla is barely selling the Model S and Model X at a rate of 32,000 units per year.
This is not going to help much.
Honestly, I don’t mind the designs. I think these are great-looking vehicles still, but I was expecting Tesla to bring some of its latest technology introduced with the Cybertruck like steer-by-wire and 48-volt electronic architecture, but no.
It looks like Tesla is just trying to make a buck with its hardcore fans who like to always have their latest top-of-the-line models.
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Iran’s Supreme Leader Ayatollah Ali Khamenei speaks during a meeting in Tehran, Iran, May 20, 2025. Office of the Iranian Supreme Leader.
Office Of The Iranian Supreme Le | Via Reuters
Crude oil futures jumped as much as 13% Thursday evening after Israel launched airstrikes against Iran without U.S. support.
U.S. West Texas Intermediate last rose 11.38%, to $75.82 per barrel, while global benchmark Brent surged 10.28%, to $76.48 per barrel.
Israel launched a “targeted military operation” against Iran’s nuclear and ballistic missile program, Israel Prime Minister Benjamin Netanyahu said in an address. Israel hit Iran’s main enrichment site at Natanz, its leading nuclear scientists, and struck the heart of its ballistic missile program, Netanyahu said.
“This operation will continue for as many days as it takes to remove this threat,” Netanyahu said.
U.S. Secretary of State Marco Rubio made clear that Israel had taken “unilateral action against Iran” without U.S. support. Rubio warned Iran against targeting U.S. interests.
“We are not involved in strikes against Iran and our top priority is protecting American forces in the region,” Rubio said in a statement. “Israel advised us that they believe this action was necessary for its self-defense.”
Israel’s Defense Minister Israel Katz declared a special state of emergency in Israel in anticipation of Iran launching a missile and drone attack in retaliation.
Iranian state media also reported that Hossein Salami, Commander-in-Chief of Iran’s Revolutionary Guards Corps [IRGC] was killed in the strikes.
Oil markets are now concerned that Iran will retaliate by attacking either Israeli or American targets, leading to a major military escalation and a potential oil supply disruption, said Andy Lipow, president of Lipow Oil Associates.
“Iran knows full well that President Donald Trump is focused on lower energy prices,” Lipow told CNBC, adding that actions by Iran affecting Middle Eastern oil supplies and consequently raising gasoline and diesel prices for Americans are politically damaging to the U.S. president.
The oil markets have largely been shrugging off geopolitical risks for the last year, so these recent developments are a “wake-up call” that these risks are more “tangible and imminent” than many expect, said Saul Kavonic, head of energy research at MST Marquee.
“But the attacks will see some form of retaliation, which could easily – even if unintentionally – spiral out of control,” said Kavonic, who cautioned that Thursday’s airstrikes may also embolden hardline elements in Iran that see further escalation become more likely.