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Tesla’s stock (TSLA) surged by as much as 8% today following the company reporting disastrous earnings results – its worst in years and way below expectations.

The stock seems to surge based on people believing Elon Musk’s lies.

Yesterday, Tesla released its Q1 2025 financial results, confirming its worst performance in years.

The automaker is now operating at just 2% margins and would have lost money last quarter if it weren’t for the sales of regulatory credits.

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The financial performance was worse than most analysts predicted, and yet, Tesla’s stock surged by as much as 8% today.

The reason for the surge appears to be shareholders overlooking Tesla’s degrading auto business in favor of Musk’s vision for the future of Tesla.

However, the problem is that Musk has been misleading people about his vision of Tesla’s future and lied several times on the earnings call that followed the release of its financial results.

I did a whole live stream to break down and fact-check Tesla’s earnings call:

Musk literally started out his comments on the Tesla call with a lie. He claimed that people protesting Tesla right now are “paid-for” and/or simply upset because they were receiving money that his DOGE team cut:

Now, the protests that you’ll see out there, they’re very organized, they’re paid for. They’re obviously not going to say, admit that the reason that they’re protesting is because they’re receiving fraudulent money or that they are the recipients of wasteful largesse, but they’re going to come up with some other reason. But that is – the real reason for the protests, the actual reason is that those receiving the waste and fraud wish to continue receiving it.

It’s not the first time Musk has claimed that despite having zero evidence. He uses the claims to distance himself from any responsibility for Tesla’s current brand damage.

Musk and the rest of Tesla’s management have tried their best during the call to attribute the 50,000 fewer deliveries last quarter to the Model Y changevoer, but they never explained the massive increase in inventory vehicles that also happened during the quarter and would point to a broader demand issue.

Instead, Musk focused on Tesla’s self-driving and humanoid robot efforts.

With the humanoid robots, Musk again claimed that he believes Tesla will make millions of robots by the end of the decade and become the world’s most valuable company because of it. The CEO said that he doesn’t see any competitor getting close to Tesla.

The problem is that it’s not clear why Tesla would dominate this market. On the robotics front, it looks like Tesla is already behind competitors like Unitree:

As for the AI that goes into humanoid robots, Tesla has also not shown any competitive advantage as all its demonstrations involved human teleoperations.

Tesla’s own AI effort has primarily focused on solving the self-driving problem, and that has also not yet been achieved. Musk has claimed that Tesla was on the verge of solving self-driving “next year” for every one of the past 6 years.

During Tesla’s earnings call, Musk again updated several self-driving timelines for Tesla, including “millions of robotaxis on the road in the second half of 2026” and “unsupervised self-driving in consumer vehicles by the end of the year.”

Again, Musk has been making similar claims for the last six years, and they have never come true. However, people are starting to give more credibility to his self-driving timeline because he reiterated that Tesla plans to launch its unsupervised self-driving pilot program in Austin as soon as June.

However, we noted that this represents a significant shift in Tesla’s self-driving efforts, as it will rely on an internal, geo-fenced fleet with human teleoperation assistance. It’s basically the same service that Waymo has been offering for years and Musk claimed isn’t scalable.

During the earnings call, Musk claimed that the fleet will initially consist of just 10-20 Model Y vehicles. Tesla’s head of self-driving admitted that Tesla is currently focused on optimizing FSD for driving in Austin to support the service. This explains why Tesla’s FSD in consumer vehicles, which buyers paid for with the promise that it will eventually become unsupervised, hasn’t been significantly updated in months.

Now, Musk will claim a win in self-driving with Tesla’s launch of its limited pilot program in Austin in June, but in fact, it is only delaying the delivery of what he promised for years: unsupervised self-driving in every consumer vehicle built by Tesla since 2016.

Electrek’s Take

Musk now claims this is going to happen by the ned of the year, but let’s see if he still says that in a few months. Virtually every year for the last 6 years, he said early in the year that it would happen by the end of the year, and when the end of the year gets closer, he pushes the timeline to next year and repeats the cycle.

I would like to give more credibility to his prediction now, but it’s hard to do when the best data available still only points to FSD in consumer vehicles achieving about 500 miles between critical disengagement when it needs to be in the tens of thousands of miles for a geo-fenced ride-hailing service in in the hundreds of thousands of miles for generalized unsupervised driving solution in consumer vehicles, which is what Tesla has been promising for years.

It’s hard for me to believe that some people still take his claims seriously, but there’s a fool born every minute and most of them become Tesla shareholders, evidently.

It’s starting to sound like Tesla earnings calls are run by a Musk AI trained on Musk’s comments made over the last 10 years – with the addition of humanoid robots over the last few years.

As for the stock price, forget about earnings, forget about fundamentals, it’s simply an index to gauge the shareholders’ confidence in Musk’s claims. Right now, they seem pretty confident. They are still drinking the Kool-Aid.

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GM hydrogen: the reports of my death are greatly exaggerated

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GM hydrogen: the reports of my death are greatly exaggerated

GM has scrapped plans to build $55 million hydrogen fuel cell factory in Detroit, triggering a tsunami of headlines about the General’s future plans for hydrogen. The reality? GM isn’t scaling back its hydrogen efforts. It’s thinking bigger.

The reports of my death are greatly exaggerated.

MARK TWAIN (sort of)

Like the great Sam Clemens, there seems to be plenty of confidence in the greater automotive press that GM’s decision to cancel a $55 millions fuel cell plant on the former Michigan State Fairgrounds site in Detroit. That plant, a JV with Southeast Michigan’s Piston Automotive, would have created ~140 jobs and built compact hydrogen fuel cells for light- and medium-duty vehicles under the Hydrotec brand.

That plan, frankly, was never going to work. It was always a cynical incentive grab and the first fruits of GM’s Hydrotec efforts were so laughably far behind the state of the electric art that the facts themselves blurred the line between satire and reality. Which, of course, didn’t matter – as long as the incentive money (Biden’s Department of Energy awarded GM $30 million in grants for the State Fairgrounds plant) kept flowing.

The new Trump Administration put an end to that flow last week, however, terminating 321 financial awards for clean energy worth $7.56 billion.

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“Certainly the decisions of the DOE are an element of that overall climate but not the only driver,” explained GM spokesperson, Stuart Fowle, in a statement. “We want to prioritize the engineering talent and resources and everything we have to continuing to advance EVs given hydrogen is in a different spot.”

That spot is heavy-duty, off-highway, maritime, and data centers.

Bigger trucks, bigger fuel cells


Fuel cell semi truck; via Honda.

Instead of dying, GM is continuing on the hydrogen fuel cell it’s been on for literal decades – with no plans (publicly, at least) to shutter its Fuel Cell System Manufacturing joint-venture with Honda in Brownstown Township, MI.

That company is not just developing HFCs, they’re out there selling fuel cells today, to extreme-duty, disaster response, and off-highway equipment customers operating far enough off the grid that access to electricity is questionable and to data center developers for whom access to a continuous flow of energy is mission-critical.

Electrek’s Take


Fuel cells like the ones from GM and Honda will continue to seem like a good idea … for about as long as it takes the heavy equipment guys to watch a ZQUIP video.

SOURCE | IMAGES: Detroit News, FreightWaves, Yahoo!Finance.


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Want EV charging at your apartment, as an owner or a renter? Click here (update)

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Want EV charging at your apartment, as an owner or a renter? Click here (update)

EVs are great, and can unlock more transportation convenience with the ease of charging at home. But for apartment-dwellers, this can be a complicated conversation. So a nonprofit called Forth is here to help, through its Charge at Home program.

One of the main benefits of an electric vehicle is in the convenience of owning and charging the car in the place it spends most of its time. Instead of having to go out of your way to fuel it, you just park it at home, in the same place it spends at least 8 hours a day, and you leave the house every day with a full charge.

But this benefit only applies to those with a consistent parking space which they can easily install charging at. When talking about owners who live in apartment buildings, it can sometimes get more complicated.

While certain states have passed “right to charge” laws to give apartment-dwellers a solution for home charging, apartment charging is nevertheless a bit of a patchwork solution so far.

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And as a result of this, EV ownership among apartment renters lags behind that of single-family homeowners. It’s clear that apartments are holding back people from buying EVs, and that’s bad – lots of people live in apartments, and the gas those cars use pollutes the air just as much as any other.

Certain areas where EVs have hit a point of critical mass (namely, the large California cities) have pretty good EV ownership among renters, but it could still be better. And residents are clamoring more and more for easy EV charging in apartment communities.

So, Forth, a nonprofit advocating for equitable access to clean transportation, set up a program called Charge at Home, which is meant to connect renters, apartment building owners or other decisionmakers with resources to help install chargers at multifamily properties.

The site lets you select your situation – a resident or a decisionmaker for a new or existing multifamily development – and then gives you access to tools for your specific situation, whether you be a resident and developer.

The site houses links to help design a multifamily project, find electricians, inform you about right to charge laws or available incentives, and provide case studies, among others.

Charge at Home also hosts roundtable webinars periodically, and includes a library of past webinars with the information you need.

There are a lot of considerations for each of these projects, so it can be helpful to have someone with experience to help you go over it all. Personally, when talking to friends about getting an EV, charging considerations are usually the thing that takes up the bulk of the conversation.

So if the toolkits are still too daunting for you, Charge at Home is offering free charging consultations for multifamily developers, owners, property managers and HOAs.

The charging consultations will last through at least April 2026 – but it wouldn’t hurt to get your requests in soon. Forth may still offer consultations afterwards, but it all depends on funding availability (the program was previously funded by the Department of Energy, which has taken a turn). Regardless, the website will remain up for people to submit questions and find information, whether or not free consultations stick around.

But at the very least, as Forth points out, whether a multifamily development is interested in having EV charging at this moment or not, any developer should think about having the infrastructure, conduit and capacity ready to go for future install of EV chargers, and should consider the needs of current residents who are likely already considering EVs today.

It’s going to be necessary to install this capacity at some point, and doing so earlier can help save money down the line, make your development more attractive to renters today, and allow more renters to make the switch to cleaner transportation which helps air quality and to reduce climate change, both of which harm everyone on the planet.

Head on over to Forth’s Charge at Home site to get access to all the above resources – and to sign up for a consultation before the end of April if you’re a multifamily developer, owner, property manager or HOA.

Update: This article has been updated to account for an extension in program availability.

Electrek’s Take

I’ve long said that the only real problem with EVs is the problem of access to consistent charging for people who don’t have their own garage. Whether this be apartment-dwellers, street-parkers or the like, the electric car charging experience is often less-than-ideal outside of single family homes, at least in North America.

There are workarounds available, like charging at work, or using Superchargers in “third places” where you often spend time, but these still aren’t optimal. The best thing is just to charge your car wherever it spends most of its time, which is your home. When you do that, EVs outshine everything in convenience.

We’ve highlighted some projects before which showed how reasonable it can be to install charging for developments. Every project is going to have its complexities, but when you see projects like this condo complex that managed to install chargers for just $405 per parking spot, all of a sudden it becomes a no-brainer not to have EV charging.

But the fact is, there just aren’t enough apartment complexes out there which have EV charging. So if Forth’s Charge At Home program can help residents or landlords with that, it can go a long way towards solving the only real problem with EVs. Click here to check it out.


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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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This Maryland county will get its power from a solar farm on landfill

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This Maryland county will get its power from a solar farm on landfill

Baltimore County, Maryland, just brought its first large-scale ground-mounted solar farm online, and it sits on what used to be the Parkton Landfill. The 213-acre site, once a symbol of waste, is now generating clean power that will cut costs, slash emissions, and turn an underused piece of land into a long-term energy asset.

Located north of Baltimore City, Baltimore County is one of Maryland’s largest and most populous counties, and its push toward renewables has major implications for the state’s climate and energy goals.

County Executive Kathy Klausmeier called the project a clear example of innovation meeting sustainability: “We are cutting costs for taxpayers and making investments that benefit our communities for decades.”

The new solar farm will provide around 11% of the Maryland county government’s annual electricity, producing roughly 8.2 million kilowatt-hours (kWh) in its first year. That’s the equivalent of avoiding greenhouse gas emissions from burning over 620,000 gallons of gasoline, powering more than 1,150 homes for a year, or driving 14 million fewer miles in gas cars, according to the EPA.

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The 7 MW system includes four large solar arrays of 15,000 ground-mounted photovoltaic panels. It’s part of a growing trend in the US to repurpose capped landfills for renewable energy, turning dormant properties into productive clean energy sites.

Through a power purchase agreement with TotalEnergies, which owns and operates the system, Baltimore County will lock in reduced electricity rates for 25 years, with options to extend the contract for up to 33 years. That long-term deal protects taxpayers from future electricity price hikes while advancing local climate goals.

“Adding another large source of solar electricity to power our County’s facilities reflects our community’s values of making smart investments that take care of the health of our community and environment,” said Greg Strella, the county’s chief sustainability officer.

TotalEnergies Managing Director Eric Potts called the project a “powerful example of transforming underutilized assets into productive resources,” pointing to the dual benefits of cutting emissions and saving money.

Baltimore County’s next landfill solar project, at Hernwood, is expected to come online by 2028. Once that system is up and running, renewables will supply about 55% of the county government’s electricity use.

Read more: The Trump administration just killed the US’s largest solar project


The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

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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