Elon Musk says he wants to stay CEO of Tesla for at least the next five years and have more controlling shares in the company.
This will most likely seal Tesla’s fate with Musk’s, as shareholders will likely approve of this despite his toxicity and lies.
As I wrote in my recent article, ‘The Tesla (TSLA) dilemma,’ the company is done if it stays attached to Elon Musk’s toxicity, but the stock will undoubtedly crash if he leaves, as the current valuation is purely based on shareholders believing in his stock-pumping claims about self-driving cars and robots.
Musk created the current situation at Tesla, which he pushed to go all-in on autonomy despite his being wrong about Tesla solving autonomy for years. In the meantime, Tesla has released a single new vehicle over the last five years, the Cybertruck, and it’s a flop.
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His backing of divisive politics, rapprochement with Russia, and constant promotion of proven misinformation on social media have resulted in Musk being despised by the majority of the population, especially Tesla’s customer base.
The toxicity of Musk’s brand has leaked to Tesla and the company has been in a clear decline. Tesla’s vehicle sales were down for the first time in 2024 and the decline is accelerating in 2025.
Today, at the Qatar Economic Forum hosted by Bloomberg, Musk denied the situation entirely.
He said (via AP):
When questioned about Tesla’s weakening sales in the first quarter and April sales thus far in Europe, Musk said the business has “already turned around,” adding that “Europe is our weakest market” and that Tesla was “strong everywhere else.”
This is a lie.
Tesla’s sales in China in Q2 2025 are tracking about 10,000 units below the same period in 2024, despite record incentives and the new Model Y being in volume production.
Europe is indeed Tesla’s weakest market, but there’s no sign that it has “already turned around” as Musk claims.
Despite having the new Model Y available in Q2, sales are way down compared to last year, and it is tracking similarly to Q1 2025, which was a disaster and Tesla blamed it on the Model Y changeover:
It won’t be able to blame the Model Y in Q2 and will need another explanation for the poor sales performance in Europe. Tesla is also offering 0% financing at a high cost in most European markets to counter this clear decline in demand.
Instead of this hard data, Musk backed his lies by claiming that Tesla’s current high stock price proves that the business is good:
Musk said the market is the ultimate scorecard for Tesla’s state of business. “[Tesla] stock wouldn’t be trading near all-time highs” if the business was struggling, he said. While Tesla stock has recovered this year, it still down 13% year to date and off 30% from its all-time high.
The stock price is only up because more people are buying shares than selling them, and they could be buying them for many reasons that have nothing to do with Tesla’s business doing well.
Musk himself has previously said that Tesla’s stock is “worth nothing” if the company can’t solve autonomy, which attached a lot of Tesla’s valuation to autonomous driving. Many Tesla investors are simply holding on to Musk’s claims that Tesla is on the verge of solving autonomy – despite him saying it would happen by the end of every year since 2019.
The CEO was then asked if he was committed to staying as head of Tesla for the next five years, to which he answered ‘yes’.
But he said that he would need more shares in Tesla.
Musk claimed that it wasn’t about money but control over the company:
“I can’t be sitting there and wondering if I’m going to be tossed out. “Now let’s move on.”
Blatant lies. We have the data. We know Tesla’s sales are down in virtually all markets. To counter the declining demand, Tesla is offering record discounts and incentives in most markets.
We know Tesla doesn’t do that with strong demand. The automaker is currently throttling down production and offering discounts. Does that sound like the demand is good? No.
I say that he is sealing Tesla’s fate by saying that he will remain CEO because Tesla shareholders will most likely approve of this. They know the stock price will tumble without his “corporate puffery.” They are OK with letting Tesla’s EV business melt just for the hope that he might finally be right about autonomy and Tesla might see light at the end of the tunnel and justify its $1 trillion valuation.
That’s a fallacy.
Elon and Tesla were wrong about unsupervised autonomy working on HW2.5. They were wrong about it working on HW3.0. And they were more likely than not wrong about it working on HW4.
They have made some impressive progress, and they might eventually make it work at scale on HW5 in the next few years. However, by then, there will be plenty of competition, and Tesla is already behind competitors like Waymo, which is already available in several markets and provides hundreds of thousands of paid rides every week.
In addition to the competition, Tesla will also have a giant liability for promising unsupervised self-driving on millions of vehicles produced since 2016 and not being able to deliver on this promise.
All of that while its core EV business is declining.
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For more than 30 years, John Deere’s go-anywhere Gator has been a trusted tool for ranchers, landscapers, and hobby farmers. But the all-electric TE 4×2 version of Big Green’s little truckster rarely gets to steal the spotlight from its ICE-powered 6×4 cousins.
That OG E-Gator was designed from the ground up for quiet work in places like golf courses, university and hospital campuses, luxury resorts, and corporate grounds – but its go-anywhere design and quiet running made it a favorite of hunters and ranchers, too. Fitted with eight heavy, 12V lead-acid batteries, the ’98 Gator could deliver 6 hours of runtime between overnight charges.
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We haven’t come a long way, baby
TE 4×2 loaded w/ attachments; via John Deere.
If it ain’t broke, don’t fix it. That seems to be the mentality at Deere when it comes to the all-electric Gator. The TE 4×2 hasn’t chased trends or tried to reinvent itself with flashy autonomous tech. Instead, it’s relied solid, work-horsey reasons. Instead, the UTV has leaned on the formula that’s made it a winner for more than 25 years: bulletproof reliability, low maintenance, and a design that just works. Even the added weight of the low-tech batteries compared to more energy-dense li-ion deals makes sense in this application, providing weight over the drive wheels that delivers sure-footed traction on slippery grass or muddy trails.
That’s not to say the Gator hasn’t changed at all over the last few decades. The electrical system has been upgraded to 48V, and its high-capacity, deep-cycle batteries (12 kWh total capacity) give the TE 4×2 dependable, all-day runtime (up to 8 continuous hours) with the benefit of modern chargers, regenerative braking (!), and updated safety features.
The TE 4×2 electric Gator is available from your local Deere dealer with prices starting at $15,699. And, if you’re looking for an endorsement: my personal Gator is easily my favorite thing … maybe I should try to change my Twitter X handle to “GatorJo”?
Let me know what you think of that idea in the comments.
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I’m going to start this off by immediately begging you not to buy this ridiculous contraption you’ll see in the article below. You’ve been warned. Ok, now feast your eyes on this monstrosity! A $350 e-bike from Alibaba that comes with not just a suspension fork, not just full-suspension, but at least five more shocks than any bike should ever conceivably possess, seemingly randomly sprinkled around the bike’s frame.
Credit goes to my publisher, Seth, for finding this absolute gem. He and I play a little game where we send each other increasingly ridiculous Alibaba finds, trying to one-up the insanity of the other’s previous find. This one is definitely a contender.
Spotted on AliExpress’s platform, the site that makes it dangerously easy to procure the strangest (and sometimes coolest) things from the Far East, this is an e-bike that just keeps on giving.
First of all, check out the suspension. There’s a front suspension fork, which is theoretically standard. There’s also rear suspension, but instead of the single rear shock or occasional dual shocks (one on either side), the designers of this e-bike gave us quad shocks. Then, instead of leaving not-well-enough alone, they decided that a rear swingarm with quad shocks wasn’t enough, and then turned the entire rear half of the e-bike into another swingarm with two more shocks.
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At this point, I’m starting to get confused. Do we call the battery sprung or unsprung weight now?
This much suspension is like trying to drink from a firehose, but we’re not even finished. Because if that wasn’t enough springiness for you, there are two more springs in the saddle, technically bringing us up to 10 springs total! A guy hit a speed bump on this e-bike last week, and some say he’s still bouncing.
While I’d like to give them the benefit of the doubt, my experience with the cheapest of Alibaba e-bikes tells me that they likely didn’t modify the spring rate of the shocks when they just kept copy/pasting them. That means the bike probably rides stiffer than if it had half the number of shocks (or it just has the proper pre-load for a 600 lb rider).
Unfortunately, the rest of the bike is rather par for the course in terms of cheap direct-from-China electric bicycles. We’ve got our “500 Watt” motor, a surprisingly large 48V 15Ah battery, folding handlebars, a cute little rear kid’s seat complete with grab bar (a nice touch, to be honest), a full twist throttle, fenders, and even a complete lighting package with turn signals.
The 66-lb (30 kg) bike isn’t very light, but each of those shocks adds to the poundage, not to mention all the other doodads we’ve got bolted on around the bike.
The bike still folds in half, which is surprising considering most of the frame is taken up by springs. At first glance, I didn’t even see the folding mechanism hiding there.
It’s a wild specimen, and the free shipping to the US makes the $350 price even more tempting. But please don’t buy something like this (that lead image is AI-generated… I didn’t buy or ride this!). There are some real concerns here. Who knows what kind of quality control or safety certification went into that battery, let alone the frame and other key components?
Let’s just enjoy this one on the screen like most of my Alibaba finds and appreciate that someone out there said, “let’s see how many cheap shocks we can fit on a bike,” and nobody stopped them.
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Can an EV really help power your home when the power goes out? It’s one of the biggest FAQs people have about electric cars — but the answer can be a bit confusing. It’s either a yes, with a but – or a no, with an unless. To find out which EVs can offer vehicle-to-home (V2H) tech to keep the lights on or even lower your energy bills, keep on reading.
Modern EVs have big, efficient batteries capable of storing enough energy to power home for days. That can mean backup power during a storm or the ability to use stored energy during expensive peak hours and recharge again when kilowatts are cheap.
That’s all true – but only in theory. Because, while your EV might have a big battery, that doesn’t mean it has the special hardware and software that allow electricity to safely flow back out of the car baked in. Car companies call this vehicle-to-home (V2H) or bi-directional charging, and only a handful of models currently support it. That’s that, “yes, with a but” asterisk.
Yes, an EV can power your home, but it has to be one of these.
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Ford F-150 Lightning
F-150 Lightning powers home; via Ford.
Ford made early headlines using its F-150 Lightning as a life-saving generator during winter ice storms and hurricanes, so it should come as no surprise that it’s included in this list. The best-selling electric truck in America can send up to 9.6 kW of power from its onboard batteries back to the house. More than enough to keep the lights on and the refrigerator running during an outage.
To make it work, you’ll need to install the Charge Station Pro (formerly called Intelligent Backup Power) home charger, the Home Integration System (HIS), which includes an inverter, a transfer switch, and a small battery to switch the system on, as well Ford’s Charge Station Pro 80A bi-directional charger (which comes free with the Extended Range F-150 Lightning, but costs about $1,300 otherwise).
All-in, you’re looking at about $5,000 in hardware, plus installation, to make it work.
When paired with the Quasar 2 bidirectional charger from Wallbox (and the associated Power Recovery Unit, or PRU), a fully-charged Kia EV9 can power a standard suburban home for three days. Longer, still, if you’re keeping the energy use low. The Wallbox Quasar 2 isn’t cheap, though – pricing starts at $6,440 (again, plus installation). For that price, you the PRU plus a wall-mounted 12 kW L2 charger with 12.8 kW of with discharge power on a split-phase system.
Pretty much all the GM EVs
Chevy Silverado, Equinox, and Blazer EVs at Tesla Supercharger; GM.
With the exception of the Chevy Brightdrop, GMC Hummer EV, and the hand-built, ultra-luxe Cadillac CELESTIQ, every Ultium-based GM EV can send battery power back to your home through GM Energy’s Ultium Home System – arguably the most fully integrated EV + battery backup + solar option out there outside of Tesla.
GM Energy says its new 19.2 kW Powershift Charger delivers around 6-7% more juice than a typical 11.5 kW L2 charger, delivering up to 51 miles of range per charge hour. Bi-directional charging requires the Powershift Charger to be paired up with a compatible GM EV and the GM Energy V2H Enablement Kit. The full system retails for $12,699, plus installation, and can be financed through GM Financial.
NOTE: some 2024 models might require a software update to enable V2H functionality, which can be done either at the dealer or through an OTA update.
That rounds off the list of vehicles that ship with V2H software baked in, so if you’re wondering whether or not your EV can be used to power your home, now you know the answer is yes, as long as it’s one of the ones listed above.
But you might remember that I answered the initial question by saying it was either a yes, with a but – or a no, with an unless. So if you want to use your car’s battery as a backup, but don’t have one of the EVs liksted above, that doesn’t mean you’re completely out of luck.
No, with an unless
Fred Lambert explains Sigenergy V2X system.
As some of the earliest and most enthusiastic EV adopters, Tesla fans have also been among the loudest advocates for using the energy stored their cars’ batteries to back up their homes — or even the grid itself. Unfortunately for them, the slow-selling Cybertruck is the only Tesla vehicle that officially supports bi-directional charging. If you’re one of the many Model 3 and Y owners frustrated by those delays, there’s good news: those vehicles are now capable of V2H charging thanks to an “impressive” Powerwall competitor, Sigenergy.
The good news doesn’t stop there, however. The Sigenergy V2X also works with both the popular Kia EV6 and Electrek‘s 2024 EV of the Year, the Volvo EX30 over the DIN70121 protocol, and several VW/Audi/Porsche and Mercedes-Benz EVs over the ISO15118-2 protocol.
Our own Editor-in-Chief, Fred Lambert, recently went on a Sigenergy deep dive with Sylvain Juteau, President of Roulez Electrique, and came away deeply impressed with the system. I’ve included the video, above, and you can read more about the system itself at this link.
And, of course, I look forward to learning about any V2H models or more universal battery backup systems from you, the smartest readers in the blogosphere, in the comments.
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