Personal use eVTOL developer Jetson continues to showcase to the public how exciting an aerial eVTOL racing format can be. The company recently showcased a racing format concept it calls the Jetson Air Games, in which four single-rider Jetson ONE eVTOLs raced head-to-head around a series of pylons during the annual UP.Summit. We highly suggest checking out the video footage below.

Jetson is startup founded in 2017 specializing in electric vertical take-off and landing (eVTOL) vehicles. By developing smaller eVTOLs, Jetson originally hailed itself as the first competitor to provide commercially available personal aerial vehicles to the public.

And it has.

Last month, Jetson completed its first global customer delivery, which included a Jetson ONE for Oculus founder and tech entrepreneur Palmer Luckey.

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Before any customer deliveries, however, Jetson had been teasing the idea of using its flagship eVTOL product for racing purposes. In December 2024, the company released footage showing Jetson co-founder and CTO Tomasz Patan demonstrating the precision and agility of the Jetson ONE by navigating around an 8-meter (26ft) tall pylon.

According to a concurrent release, the pylon was a new item that Jetson began producing to encourage and support plans for a new league of eVTOL races. As we pointed out at the time, Jetson’s eVTOL racing idea was nothing new. A team called Airspeeder in Australia has been doing it for years with its own unique eVTOLs it calls “Speeders.”

While Airspeeder has completed eVTOL races, it has yet to do so with actual pilots on board. That’s the goal, but it still hasn’t happened yet, which left the door open for Jetson to be the first with its tech.

The Jetson ONE currently costs $128,000, but the company shared plans to increase that starting price to $148,000, beginning November 3, 2025. As promised, here’s video footage of Jetson’s racing showcase below:

After the Commercial Clean Vehicle Credit (Section 45W) expired on September 30, the “experts” rushed out predictions of an EV sales slowdown in Q4. But, with over 6,800 pages in the Internal Revenue Code still in play, a turbocharged Section 179 tax credit could still power a strong Q4 for commercial EVs.

The One Big, Beautiful Bill Act (OBBBA) of 2025 gutted America’s energy independence goals and ensuring its auto industry would fall even further behind the Chinese in the EV race, but the loss of Section 45W wasn’t the only change written into the IRS’ rulebook. Section 179, an immediate expense reduction that business owners can take on depreciable equipment assets, has been made significantly more powerful for 2025.

The section 179 expense deduction is limited to such items as cars, office equipment, business machinery, and computers. This speedy deduction can provide substantial tax relief for business owners who are purchasing startup equipment.

INVESTOPEDIA

The revised Section 179 tax credit (or, more accurately, expense reduction) allows for a 100% deduction for equipment purchases has doubled to $2.5 million, with a phase-out kicking in at $4 million of capital investments that drops to zero at $6.5 million. That credit and can be applied to new and used vehicles, as well as charging infrastructure, battery energy storage systems, specialized tools, and more (as long as they’re new to you).

Work the tax credit

“But wait,” as they say. “There’s more!” A revised Section 168(k) also allows for bonus depreciation on eligible equipment and property, accelerating depreciation for a reduced tax burden.

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Fleets can take both the bigger Section 179 and 168(k) bonus depreciation allowances, but Section 179 must be applied first, leaving only qualifying purchases over the $2.5 million limit to be taken in bonus depreciation.

It’s a bit convoluted (what good tax code isn’t?), but these tax incentives are great for businesses looking to buy enough electric equipment assets to exceed the Section 179 spending limit – and, given the new Uber/Tesla semi truck purchase plan, the continued growth of the electric terminal tractor market, and the willingness of several utilities to incentivize both electric commercial vehicles and the deployment of smart EV charging infrastructure, that number may be bigger than you think.

Electrek’s Take Disclaimer

Tax law is weird. Not only are there Federal tax laws and rules that need to be followed, but state and even local county and city rules, as well. As such, you want to make sure they don’t get you the way the got Capone.

Even worse, your favorite journalist (Hi!) is probably an idiot. Get a certified accountant and tax law expert to help walk you through the dirtier details of your specific scenario – but don’t let the complexity of human interaction slow you down, either. The really rich guys you know pay pennies on the tax dollar compared to you and me, because they’re not afraid to ask their accountants for help.

The TL;DR version, though, is this: there’s still plenty of incentives out there for fleet operators looking to electrify their operations.

SOURCES | IMAGES: Equipment World, Investopedia, Volvo.

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Hundreds of Tesla Cybertrucks have been spotted being delivered Elon Musk’s private companies, SpaceX and xAI, as Tesla is having issues selling the electric pickup truck.

Cybertruck turned out to be Tesla’s first real commercial flop.

After planning for a production capacity of over 250,000 units per year, Tesla is currently selling the pickup truck at a rate of ~20,000 units annually.

A ~10% utiliation rate of a production line is a terrible situation for an automaker as much of the capital invested in the vehicle program becomes sunk cost.

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But things are even more difficult with Tesla, as even with much lower production, the automaker often ends up having inventory build-ups for the Cybertruck.

Elon Musk has a solution: he had his private companies buy hundreds if not thousands of Cybertrucks.

Several truckloads of Cybertruck were spotted being delivered to xAI’s offices this weekend.

Furthermore, SpaceX has taken delivery of hundreds of Cybertrucks at Starbase of the last week and it is expected to take delivery of hundres, if not thousands more in the coming weeks.

Wes Morrill, the Cybertruck lead engineer, commented on the delivery and said that SpaceX, along with Tesla, is replacing its support fleet with the Cybertruck:

Love to see the ICE support fleets from Tesla and SpaceX get replaced with Cybertruck. When we were engineering it, this was always part of the dream. Never imagined how hard the fleet photos at starbase would go. Looking forward to more of this.

He didn’t elaborate on how many vehicles SpaceX is expected to buy.

Electrek’s Take

As soon as it became clear that there was clear demand issues with the Cybertruck, I always wondered Tesla is not using them for its service fleet.

It looks like SpaceX is doing it before Tesla, or at least on a larger scale, though Morrill is also saying that Tesla is transitioning its own support fleet to the Cybertruck.

Here’s what I bet happened. Elon knew Q4 is going to be rough due to the demand being pulled forward because of the tax credit.

However, there was a provision that if you lock in orders with unrefundable deposits before the end of September, you could still deliver vehicles in Q4 with the tax credit.

I bet Elon had SpaceX and xAI order thousands of Cybertrucks before the end of Q3 to get these deliveries in for Tesla in Q4.

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