Connect with us

Published

on

US President Donald Trump speaks to reporters about the Israel-Iran conflict, aboard Air Force One on June 24, 2025, while traveling to attend the NATO’s Heads of State and Government summit in The Hague in the Netherlands.

Brendan Smialowski | Afp | Getty Images

The ceasefire between Israel and Iran appears to be holding. In yesterday’s newsletter, we talked about how a blitzkrieg of missile-led diplomacy seemed to help de-escalate tensions.

The flipside of that strange path to a truce is that missiles, well, are fundamentally weapons. Mere hours after both countries agreed to the ceasefire, Israel said its longtime rival had fired missiles into its borders — an accusation which Tehran denied — and was preparing to “respond forcefully.” Probably with more missiles.

U.S. President Donald Trump — who reportedly brokered the ceasefire with Qatar’s Emir Sheikh Tamim bin Hamad Al Thani — expressed frustration with those developments.

“I’m not happy with them. I’m not happy with Iran either but I’m really unhappy if Israel is going out this morning,” Trump told a reporter pool en route to the NATO summit in the Netherlands.

His admonishments seemed to work. There is now a fragile armistice between the two countries.

Oil prices fell and U.S. stocks jumped.

Reuters uploaded a photo of Israeli residents playing frisbee at the beach on June 24. Flights at Israel’s Ben Gurion Airport are resuming, and Iran’s airspace is partially open, according to flight monitoring firm FlightRadar24, CNBC reported at around 3 a.m. Singapore time.

Three hours after that update, NBC News, citing three people familiar with the matter, reported that an initial assessment from the U.S. Defense Intelligence Agency found the American strikes on Iran’s nuclear sites on Saturday left “core pieces … still intact.”

And so it goes.

What you need to know today

Israel-Iran ceasefire holds, for now
The fragile ceasefire between Israel and Iran,
announced by Trump on Monday, appears to be holding. Israel on Tuesday said it would honor the ceasefire so long as Iran does the same. Earlier in the day, both countries accused each other of violating the truce, and said they were ready to retaliate, prompting Trump to say he’s “not happy” with them. Stay updated on the Israel-Iran conflict with CNBC’s live blog here.

Markets jump as traders bet on truce
U.S. stocks jumped Tuesday on expectations that the Israel-Iran ceasefire would hold. The S&P 500 gained 1.11% to put it just 0.9% away from its 52-week high. The Dow Jones Industrial Average added 1.19% and the Nasdaq Composite climbed 1.43%. The Nasdaq-100 rose 1.53% to close at an all-time high. Europe’s Stoxx 600 rose 1.11%. Travel stocks were some of the best performers, while oil and gas stocks fell the most.

Oil prices slump for a second day
Oil prices tumbled Tuesday, its second day of declines, as the market bet that the risk of a major supply disruption had faded. U.S. crude oil settled down 6% at $64.37 a barrel while the global benchmark Brent fell 6.1%, to $67.14 during U.S. trading. Prices closed 7% lower on Monday. Earlier Tuesday, Trump said China can keep buying oil from Iran, in what seemed like a sign that the U.S. may soften its pressure campaign against Tehran.

Powell says Fed is ‘well positioned to wait’
At a U.S. congressional hearing Tuesday, Federal Reserve Chair Jerome Powell said the economy was still strong. But he noted that inflation is still above the central bank’s target of 2%, and the Fed has an “obligation” to prevent tariffs from becoming “an ongoing inflation problem.” In combination, those considerationsmake the Fed “well positioned to wait” before making a decision on interest rates.

U.S. is committed to NATO: Secretary-General
There is “total commitment by the U.S. president and the U.S. senior leadership to NATO,” the military alliance’s Secretary-General Mark Rutte said Tuesday morning, as the summit kicked off in The Hague, Netherlands. But America expects Europe and Canada to spend as much as the U.S. does on defense. Ahead of the summit, members agreed to increase defense spending to 5% of gross domestic product by 2035.

[PRO] Not ‘bullish enough’ on rally: HSBC
The S&P 500′s rally off its April lows has brought it back to roughly 1% off its record high in a very short time. It’s an advance that has perplexed many investors, who worry that another pullback is on the horizon. But Max Kettner, chief multi-asset strategist at HSBC, said he worries he’s not “bullish enough” on the current rally.

And finally…

Pictures from the semi-official Tasnim news agency show the Stena Impero being seized and detained between July 19 and July 21, 2019 near strait of Hormuz, Iran.

Contributor | Getty Images News | Getty Images

Strait of Hormuz GPS jamming remains major security issue, tanker CEO says

Despite a tentative ceasefire between Israel and Iran on Tuesday, security issues in the Strait of Hormuz continue for shipowners.

According to Angeliki Frangou, a fourth-generation shipowner and chairman and CEO of Greece-based Navios Maritime Partners, which owns and operates dry cargo ships and tankers, vessels in the Strait of Hormuz are still being threatened by continuous GPS signal blocking.

“We have had about 20% less passage of vessels through the Strait of Hormuz, and vessels are waiting outside,” Frangou told CNBC.

“You are hearing a lot from the liner [ocean shipping] companies that they are transiting only during daytime because of the jamming of GPS signals of vessels. They don’t want to pass during the nighttime because they find it dangerous. So it’s a very fluid situation,” Frangou said.

Continue Reading

Environment

Tesla launches new Model Y+ with 510 miles (821 km) of range

Published

on

By

Tesla launches new Model Y+ with 510 miles (821 km) of range

Tesla has launched a new version of the Model Y in China, and it’s achieving an impressive new range rating – thanks to a new battery cell from South Korea’s LG.

The new variant, a five-seat, rear-wheel drive long-range model, has been released with an 821-km range based on China’s CLTC standard.

While the CLTC rating is known to be optimistic, 821 km (about 510 miles) is an impressive number and the longest range Tesla has offered in its Model Y lineup to date, which is going to help it be more competitive in the Chinese market.

This new extended range Model Y version is made possible by using the 78.4-kWh ternary lithium-ion battery pack from LG Energy Solution, the same pack found in the also recently launched 830-km range Model 3 variant.

Advertisement – scroll for more content

The new long-range RWD Model Y starts at RMB 288,500, which translates to just over $40,500 USD.

The launch comes at a critical time for Tesla in China, which has seen its sales slump in recent months. The automaker recorded its lowest monthly sales in October since November 2022, falling out of the top 10 list for new energy vehicle (NEV) sales.

That’s despite a continued surge in electric vehicle sales in China. Tesla is not benefiting from it amid strong competition.

According to local Chinese media reports, the new 821-km Model Y is already gaining traction with some anecdotal reports of enthusiasm at Tesla stores.

The reports are partly supported by Tesla quickly extending delivery timelines from 2-4 weeks to 4-6 weeks just hours after launch.

Electrek’s Take

I think this is going to be suitable for a decent short-term bump in demand, but it’s still on the expensive side for the Chinese market.

For example, now the Model Y beats the Xpeng G6’s max range of 755 km, but the G6 with this range costs 234,900 RMB (approximately $32,900 USD), which is significantly cheaper.

Every 10,000 RMB tranche lower means a lot more demand in China.

Tesla needs to launch its new “standard” versions to start making a difference with demand long term in China.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

The Cadillac Lyriq just got a lot more affordable after lease prices drop by $115 a month

Published

on

By

The Cadillac Lyriq just got a lot more affordable after lease prices drop by 5 a month

Cadillac’s luxury electric SUV is suddenly pretty affordable. The Cadillac Lyriq saw the biggest price drops this fall, with lease prices down $115 a month since October.

Cadillac Lyriq lease prices drop in November

It’s been three and a half years since the first Lyriq models for customers rolled off the production line at GM’s Spring Hill, Tennessee, assembly plant, kicking off a new era for Cadillac as its first all-electric vehicle.

Through the first three quarters of 2025, it was the second-best-selling luxury EV and has helped put Cadillac on pace for its best sales year since 2013.

To keep the momentum going, Cadillac is offering 2025 Lyriq leases starting at $419 per month this November. The deal is for a 24-month lease, with $4,799 due at signing, for an effective monthly cost of $619.

Advertisement – scroll for more content

According to online auto research firm CarsDirect, that’s a $115 price drop from last month, among the largest of any vehicle in the US.

Cadillac-Lyriq-EV-lease-prices
The 2025 Cadillac Lyriq Luxury (Source: Cadillac)

The deal includes a $2,000 competitive cash allowance for Tesla, Rivian, Polestar, Ford, Honda, Hyundai, Genesis, BMW, Audi, Mercedes-Benz, and other competitive brand owners and lessees.

The 2025 Cadillac Lyriq 1 AWD offers an EPA-estimated 319 miles of range and boasts a massive curved 33″ digital infotainment screen with wireless Apple CarPlay and Android Auto.

Cadillac-Lyriq-EV-interior
The interior of the 2025 Cadillac Lyriq Luxury (Source: Cadillac)

Cadillac now offers a complete lineup of electric SUVs, including the entry-level Optiq, midsize Lyriq, and larger Vistiq and Escalade IQ.

Outside of the Escalade IQ, Cadillac is offering the $2,000 competitive cash allowance across its entire EV lineup. If you’re looking for a cheaper option, the 2026 Cadillac Optiq is available to lease for as low as $319 per month. To take advantage of the deals, you must take delivery by January 2, 2026.

Ready to test drive one to experience it for yourself? You can use our links below to see available Cadillac electric SUVs in your area.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

EcoFlow DELTA 3 1000 Air power station and bundles launch with up to $640 savings, Autel’s new solar outdoor cameras, Lectric, more

Published

on

By

EcoFlow DELTA 3 1000 Air power station and bundles launch with up to 0 savings, Autel's new solar outdoor cameras, Lectric, more

Today’s Green Deals are jam-packed with new releases – either getting first-time savings or seeing new low prices – and more. Our headliner today is EcoFlow’s newly launched DELTA 3 1000 Air Portable Power Station and bundles with up to $640 in early-bird savings starting from $299. We also have the first savings hitting Autel’s new two and four-camera Outdoor Wireless Solar Security kits that boast some unique features and start from $249, as well as EcoFlow’s latest 10,000mAh to 27,650mAh RAPID power banks at new lows starting from $66, ALLPOWERS’ new Volix P300 Portable Power Station and bundles, Lectric’s Black Friday Battery Sale, and more waiting for you below. And don’t forget about the hangover deals that are collected together at the bottom of the page, like yesterday’s Segway early Black Friday Sale lineup, the $1,082 exclusive savings on nine refurbished Anker SOLIX units, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

EcoFlow launches DELTA 3 1000 Air power station and bundles with up to $640 early-bird savings starting from $299

Running alongside its early Black Friday Sale, as well as the RAPID power bank promotions, EcoFlow has launched its new DELTA 3 1000 Air Portable Power Station starting at $299 shipped that gets a FREE 65W charger, as well as bundles at up to $640 off (and listed below). This all-new unit will carry a $499 full price outside of these initial launch savings, with it not yet available on other marketplaces like Amazon. The deal here is a 40% markdown that cuts $200 in first-time savings from the going rate, setting the bar for future discounts in later months. Head below to get the rundown on this new backup power solution, as well as its discounted bundle options.

Joining EcoFlow’s compact, yet powerful backup power solutions, the new DELTA 3 1000 Air station brings along a 960Wh battery capacity that the brand claims to “power 99% of home-essential appliances” with its 500W power output that can surge as high as 1,000W, thanks to the included X-Boost tech. It sports AC, USB-C, and USB-A ports to cover connection needs, and even boasts three front light indicator lights to show the status of your grid when it’s plugged in, with it immediately switching to its own power supply upon detecting instability, making it quite the unique switchover support at home.

Advertisement – scroll for more content

There are four main ways to power/recharge the EcoFlow DELTA 3 1000 Air station, starting with a standard AC outlet that can have it back to full in two hours. There’s also a maximum 500W solar input to utilize with appropriate panels, as well as a gas generator connection option, and the usual on-the-go recharging from your car’s auxiliary port.

EcoFlow’s DELTA 3 1000 Air power station launch deals:

As I previously mentioned, EcoFlow also provided a bonus 5% savings with Black Friday pricing on its new lineup of RAPID 10,000mAh to 27,650mAh power banks at new lows starting from $66. Of course, for larger backup power support, you can browse the brand’s full early Black Friday Sale here, with up to 65% initial discounts, bonus savings, free gifts, and more starting from $75.

autel's outdoor wireless solar security camera mounted to exterior wall of house

Autel’s new outdoor cams pack a punch with solar design, local storage, and HDMI with kits from $249 (Up to $200 off)

Through its official Amazon storefront, Autel is now offering the first cash savings on its new 2-cam Outdoor Wireless Solar Security Camera kit starting from $249 shippedafter clipping the on-page $50 off coupon, as well as its 4-cam Outdoor Wireless Solar Security Camera kit at $299 shippedafter clipping the on-page $200 off coupon. These new solar-powered surveillance devices have been on the market since late August carrying $299 and $499 full prices, with the on-page coupons providing the first discounts we’ve spotted. You’re looking at either a $50 or $200 markdown on these packages while things last, providing the first price cuts that set the bar for future discounts.

If you want to learn more about this new solar security system, be sure to check out our original coverage of these first-time deals here.

man kneels down holding Lectric extra e-bike battery

Cash in during Lectric’s Black Friday battery sale with up to 25% off new and legacy models starting from $270

As part of its ongoing early Black Friday Sale, Lectric has now launched a Black Friday battery sale with up to 25% savings across a large collection of spare batteries that you can use to double your range and prolong travel times, with prices starting at $270 shipped and ranging up to $595 shipped. Usually for discounts on extra batteries, you’d have to be lucky to catch some of the rare instances of free inclusions, with occasional models getting up to 30% discounts alongside e-bike purchases, but again, these are rare occurrences. While this side sale continues you’ll be able to grab one for any XP4, XPeak, XPedition, XPress, XP Lite, ONE, and older XP 3.0 e-bikes you already own with up to $211 in savings at some of their best prices.

If you want to browse the full lineup of 16 battery deals, be sure to check out our original coverage of this Black Friday Sale here.

man sits in airport with EcoFlow RAPID power bank charging phone

EcoFlow’s newest 10,000mAh to 27,650mAh RAPID power banks with up to 53% Black Friday savings at new lows from $66

EcoFlow is offering an additional 5% savings along with its Black Friday Sale pricing on its new RAPID series of power banks using the promo code EF3CAFF5 at checkout, giving you up to 53% savings on these power solutions. Things start with the RAPID Pro 67W 10,000mAh Power Bank at $66.49 shippedafter using the code EF3CAFF5 at checkout, beating out its Amazon pricing by $3. Normally fetching $90 at full price since hitting the market in August, we’ve seen discounts only go as low as $69 up until now, with this combined 26% markdown dropping things to a new all-time low.

If you want to get the rundown on this new series or browse the full lineup of offers, be sure to check out our original coverage of these deals here.

men and women sitting around table at campsite with ALLPOWERS' Volix P300 power station powering projector and speaker

Save up to 34% on ALLPOWERS’ new Volix P300 256Wh power station and bundles starting from $132

ALLPOWERS is launching its latest Volix P300 Portable Power Station direct from its website at $149 shipped, however, it’s been available since the last days of October over at the brand’s official Amazon storefront, which is beating out this direct launch deal at $132.30 shippedafter clipping the on-page 30% off coupon. There are some bundle options to score it with solar panels, with those being available only from the direct website (and listed below). This new power solution carries a $249 MSRP direct from ALLPOWERS, but we’ve been seeing it start lower at $189 over at Amazon. The deal here provides you with a $57 markdown off the going rate (and $117 off the MSRP) for the best price we can find anywhere.

If you want to learn more about this new power station, as well as browse the bundle offers, be sure to check out our original coverage of these deals here.

Best Fall EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending