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Get ready, children. There’s a new electric bike licensing scheme that will soon be tested as one of several methods designed to help educate young riders on responsible road use and combat the growing concern of dangerous e-bike riding among youths around the world.

Known as the Student Bicycle License Scheme (SBLS), the proposal in New South Wales, Australia, will operate as a trial of a new licensing program for electric bike riders. The program targets school-aged e-bike riders in response to a growing number of accidents and misuse cases involving young riders.

The pilot program will require students to complete an online training course and pass a knowledge test before being issued a digital license to ride an e-bike or e-scooter. The scheme is expected to launch later this year in select schools, and if successful, could pave the way for a broader rollout.

Schools in Sutherland and Newcastle have reportedly expressed interest in joining the program, which leaves it up to individual schools to decide how they wish to use the new license program. For example, they can make it mandatory for students who want to ride to school or use secured bicycle parking facilities at the school.

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Police in Sydney stop an electric bike rider (image via: Reddit)

The trial will initially focus on education rather than enforcement. Students who complete the course will receive a digital “ride-ready” credential, but there are currently no plans to introduce fines or penalties for unlicensed riders during the pilot phase. The government is partnering with road safety experts and schools to develop the training materials, which will cover speed limits, helmet use, sidewalk etiquette, and proper intersection behavior.

Australia’s National Transport Research Organisation is also reviewing current electric micromobility laws, with a report expected by the end of the year. The Queensland trial is seen as a possible blueprint for other regions facing similar safety concerns.

The announcement comes as electric bikes become increasingly popular among Australian youth, not just as toys, but as practical transportation to and from school, work, and social events. With that growth has come scrutiny – several high-profile crashes, some involving modified or overpowered e-bikes, have pushed lawmakers to act.

The same phenomenon is playing out around the world, including in Europe and the US, where young riders have increasingly taken to electric bikes as an alternative form of transportation, though one that has raised concerns around road safety among a young populace who has yet to learn the rules of the road.

Electrek’s Take

This is one of several school-level educational outreach programs we’ve seen pop up lately, and I think these are great ideas.

While the idea of requiring a license to ride an e-bike might sound extreme in some places, Australia’s approach here is education-first, and it could actually be a smart move. It also seems like the license is designed to be effective without being a burden. If you can grasp the knowledge, you can pass the test. And since many of the issues surrounding young e-bike riders arise from a general ignorance of road rules, this could be an effective solution. Teaching young riders the rules of the road before they hit the pavement might help reduce injuries and improve public perception of micromobility. Plus, the fact that it is a digital license means that there would presumably be fewer costs involved, which will hopefully allow the program to be free of charge and further reduce the burden of the licensing process.

Of course this won’t do anything for the “hooligan” riders who know the rules and simply don’t care, but that’s where enforcement has to step in as the heavy-handed partner to education.

I think this is a great example of balanced e-bike regulation. A measured mix of education and enforcement is key to ensuring e-bikes remain safe while taking advantage of their myriad benefits to the public. And hey, it sure makes a lot more sense than NYC trying to cut the speed of all electric bikes in half overnight.

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Tesla (TSLA) releases Q2 2025 financing results: earnings down 23%

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Tesla (TSLA) releases Q2 2025 financing results: earnings down 23%

Tesla (TSLA) released its financial results and shareholders’ letter for the second quarter (Q2) 2025 after market close today.

We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information.

Tesla Q2 2025 earnings expectations

As we reported in our Tesla Q2 2025 earnings preview yesterday, the Wall Street consensus for this quarter was $22.279 billion in revenue and earnings of $0.40 per share.

The expectations had been significantly downgraded over the last month, as analysts were surprised by Tesla’s announcement of much lower deliveries than expected in the first quarter.

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How did Tesla do compared to expectations?

Tesla Q2 2025 financial results

After the market closed today, Tesla released its financial results for the first quarter and confirmed that it delivered on expectations with earnings of $0.40 per share (non-GAAP), and it exceeded revenue expectations with $22.496 billion during the last quarter.

Tesla’s earnings per share are down 23% year-over-year amid a booming EV market.

Operating income decreased 42% year-over-year to now less than $1 billion, and almost half of it came from regulatory credits.

Tesla’s cash on hand has decreased this quarter for the first time in years. The company lost about $200 million of its giant war chest – now sitting at $36.8 billion.

We will be posting our follow-up posts here about the earnings and conference call to expand on the most important points (refresh the page to see the most recent posts):

Here’s Tesla’s Q2 2025 shareholder presentation in full:

Here’s Tesla’s conference call for the Q2 2025 results:

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Tesla teleoperated robot failed while serving popcorn on first day of new diner

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Tesla teleoperated robot failed while serving popcorn on first day of new diner

Optimus, Tesla’s humanoid robot, which CEO Elon Musk claims is ahead of the industry and will sell in the trillions of dollars, failed while serving popcorn on the first day of Tesla’s new diner launch.

Musk has been touting Optimus as a revolutionary product that will generate “trillions of dollars” per year for Tesla.

It’s the latest pivot that the CEO has led Tesla into, as electric vehicle sales are declining, and it is becoming increasingly clear that its self-driving effort is unlikely to be profitable anytime soon.

The company needs new revenue streams to justify a $1 trillion valuation, given its declining revenue and earnings.

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However, we have been reporting on how the program appears to be in shambles lately.

Last month, Tesla’s head of the program, Milan Kovac, left the company just a few months after being promoted to vice-president.

Earlier this month, we learned that Tesla paused production to perform some much-needed upgrades to the current version of the robot, as it is reportedly currently only able to move some batteries within Tesla’s workshop at a rate lower than that of human workers.

That’s despite Tesla claiming for months that the robot is already performing useful work within its factories and plans to ramp up production to 100,000 units per month next year, with the goal of starting to sell the robot.

Aside from gullible Tesla shareholders, not many people believe this narrative. The main issue is that Tesla is not seen as having a lead in humanoid robots, which is still a nascent industry, and its previous demonstrations have been misleading.

For example, Tesla was less than forthcoming about its robots being teleoperated by humans during its ‘We, Robot’ event last year.

The launch of its new diner in Los Angeles was the latest occasion to showcase Optimus. Tesla had an Optimus robot serve popcorn to customers.

Again, Tesla employees at the event confirmed to attendees that the robot was teleoperated, which makes the demonstration unimpressive to start with, but the disappointment doesn’t stop there.

The robot was seen frozen and stopped operating during the first day of the Tesla diner launch.

Attendees were told that the robot lost connection.

Electrek’s Take

To be clear, Tesla can only get the Optimus robot to serve popcorn for a short period before it fails, even with the use of human teleoperation.

Yet, Musk claims that Tesla will make 100,000 of these next year and sell them to customers.

It makes no sense. It’s similar to Tesla’s robotaxi service in Austin, which requires teleoperation and a human safety monitor with a finger on a kill switch at all times.

That said, I honestly believe that Tesla will be able to scale Optimus faster than its robotaxi service. However, they will both scale much slower than Tesla shareholders currently believe and the competition is already ahead of both.

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Meet the BYD Atto 1 — A $12,000 EV for the masses

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Meet the BYD Atto 1 — A ,000 EV for the masses

BYD officially launched the Atto 1 in Indonesia on Wednesday. Starting at just $12,000 (IDR 195 million), the Atto 1 is now one of the most affordable EVs on the market.

BYD launches the Atto 1 entry-level EV

The Atto 1 is a rebadged version of BYD’s top-selling electric car in China, the Seagull EV. BYD’s smallest and most affordable EV is sold under the names Dolphin Mini and Dolphin Surf in other overseas markets.

BYD introduced the Atto 1 at the Gaikindo Indonesia International Auto Show (GIIAS) on Wednesday, priced from IDR 195 million, or about $12,000.

The new entry-level EV is available in two trims: Standard Range Dynamic and Long Range Premium. Powered by a 30.08 kWh BYD Blade battery, the standard range Atto 1 Dynamic offers a NEDC range of 300 km (186 miles).

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Upgrading to the Premium model costs IDR 235 million ($14,500), but it’s equipped with a bigger 38.88 kWh battery, providing an NEDC range of 380 km (236 miles).

BYD-Atto-1-EV
BYD Atto 1 EV (Source: BYD Indonesia)

The interior resembles that of other BYD brand vehicles, featuring a minimalist, high-tech smart cockpit. It features a 10.1″ intelligent touchscreen with Apple CarPlay and Android Auto, as well as a 7″ digital driver’s instrument display.

Meanwhile, the Long Range Premium version comes with an added wireless charging pad and a tilt-and-telescopic steering wheel.

BYD-Atto-1-EV
BYD Atto 1 interior (Source: BYD Indonesia)

At 3,959 mm long, 1,720 mm wide, and 1,590 mm tall, the Atto 1 is smaller than a Toyota Yaris, but slightly bigger than the Kia Picanto.

“This launch in Indonesia marks the first release of the Atto 1 in ASEAN, and the car is now available for pre-order,” BYD Indonesia’s operations director, Nathan Sun, said at the event.

BYD-Atto-1-EV

The Atto 1 is BYD’s third electric vehicle to arrive in Indonesia, and the brand’s most affordable yet. BYD also sells the Seal, starting at IDR 629 million, Atto 3 SUV (IDR 515 million), and Dolphin (IDR 425 million).

Indonesia is the largest auto market in Southeast Asia, and EV sales are picking up with new government policies supporting local production. In the first half of the year, the EV market share doubled to 10% from 5% in the same period last year.

Earlier today, Toyota, which controls around 30% of the Indonesian auto market, announced plans to begin building EVs locally by the end of 2025.

Source: JakartaGlobe, BYD Indonesia

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