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We have a condensed selection of solid savings in today’s Green Deals, with Velotric’s Valentine’s Day sale taking the lead with up to $700 in initial e-bike price cuts, as well as an additional $100 taken off orders of any two models. It’s the perfect chance to fall in love with the popular 2024 Discover 1 Plus e-bike while it’s down at $1,199, among others. There’s also a one-day-only flash sale running as part of EcoFlow’s ongoing Game Day Power sale, which provides up to $1,099 in savings on two power station bundles – one for the DELTA 2 Max and and an 800W alternator charger at $1,399, and the other for the RIVER 3 Plus with a 45W solar panel and a protective bag for $269. We also have the second-ever discount on Greenworks’ latest 60V 17-inch Cordless Electric Push Lawn Mower at $300. Plus, all the other hangover Green Deals are in the links at the bottom of the page, like yesterday’s $200 launch discount on Aiper’s new Surfer S2 Solar Pool Skimmer, Segway’s Valentine’s Day offers, 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.

Fall in love with Velotric’s 2024 Discover 1 Plus e-bike at $1,199 during Valentine’s Day sale

Velotric wants to celebrate the love with its latest Valentine’s Day sale that is taking up to $700 off its e-bike lineup alongside 30% off accessories, as well as an additional $100 in savings on orders of any two models. One of the best options from under Velotric’s flag is the 2024 Discover 1 Plus e-bike that is down at $1,199 shipped. This model usually carries a $1,599 price tag most days, with sales often taking things down to $1,299, though we’ve seen it go as low as $1,099 occasionally in 2024 – most recently during Black Friday. This is a $400 markdown from its full price, which gives you the chance to hop aboard your own at the third-lowest price we have tracked – $100 above the Black Friday low.

Velotric’s updated 2024 Discover 1 Plus e-bike comes stocked with a 500W motor (peaking at 900W), a 692Wh battery, and five levels of PAS to support your commute up to 65 miles on a single charge at up to 28 MPH top speeds (after unlocking the capabilities above its standard 20 MPH speed). Of course, there is a throttle to go full electric when you want but keep in mind that this will reduce its travel distance. While it doesn’t have some of the fancier bells and whistles of the new Discover 2, like the upgraded parts, higher power ratings, and Apple Find My integration, this predecessor does offer some solid features, especially when considering the affordable price.

Velotric’s 2024 Discover 1 Plus e-bike sports other features like the Shimano 7-speed derailleur, an integrated 60 lux LED headlight, a taillight with braking functionality, double hydraulic disc brakes, larger 26-inch puncture-resistant tires, an increased IPX7 waterproof rating, fenders above both tires, and a 3.5-inch LCD display. There’s a USB-A port on the display to charge your phone as you ride, and it even has a walk assist mode for when you are forced to stop your ride to get it up extreme inclines.

Velotric’s other Valentine’s Day sale offers:

  • Fold 1 Lite e-bike: $999 (Reg. $1,099)
    • 28 MPH for up to 48 miles
    • 30% off accessories with e-bike purchase
  • Go 1 Utility e-bike: $999 (Reg. $1,699)
    • 25 MPH for up to 55 miles
    • 30% off accessories with e-bike purchase
  • Fold 1 Step-Thru e-bike: $1,199 (Reg. $1,399)
    • 28 MPH for up to 55 miles
    • 30% off accessories with e-bike purchase
  • T1 ST Plus Lightweight e-bike: $1,299 (Reg. $1,549)
    • 28 MPH for up to 70 miles
    • 30% off accessories with e-bike purchase
  • Nomad 1 Plus Step-Thru e-bike: $1,399 (Reg. $1,799)
    • 28 MPH for up to 55 miles
    • 30% off accessories with e-bike purchase
  • Packer 1 Cargo e-bike: $1,699 (Reg. $2,199)
    • 25 MPH for up to 52 miles
    • 30% off accessories with e-bike purchase
  • Discover 2 e-bike: $1,799 (Reg. $1,899)
    • 28 MPH for up to 75 miles
  • Summit 1 e-bike: $1,899 ($1,999)
    • 28 MPH for up to 70 miles
EcoFlow DELTA 2 Max Portable Power Station

EcoFlow flash sale takes up to $1,099 off on-the-go DELTA 2 Max and RIVER 3 Plus power station bundles from $269

As part of its ongoing Game Day Power sale, EcoFlow is offering flash savings for the rest of the day on two power station bundles, with the first being the brand’s DELTA 2 Max Portable Power Station that comes with an 800W alternator charger for $1,399 shipped. Sadly the sale’s sitewide 5% off coupon doesn’t apply to flash sale offers. This package would normally cost you $2,498 in full, with costs dropping lowest back in October when a similar flash sale dropped things to $1,299. Today you can score it at the second-lowest price we have tracked, saving you $1,099 in the process – but it only lasts until tonight so don’t dawdle. This deal is also matching over at Amazon, as well.

A nice middle-ground option for folks needing a backup power solution for trips out of the house while also wanting a reliable means for some home backup in cases of emergency, EcoFlow’s DELTA 2 Max delivers a 2,048Wh LiFePO4 capacity that you can expand further to 6,144Wh with the addition of expansion batteries. Its 2,400W power output (surging to 4,800W) should handle most of your appliance needs through its 15 port options, though you can always activate its X-Boost mode to bump that to 3,400W output for larger ones. It allows for two solar inputs to be hooked up to reach a maximum of 1,000W for recharging, or you can take advantage of its dual-charging capabilities using solar alongside a standard wall outlet for 80% battery in 43 minutes, among the other options. The alternator charger is rated for 1kWh per every 1.3 hours of driving while the station is hooked up to your car – so you can regain a full battery in around 2.6+ hours of travel.

The second offer during this flash sale is the smaller, more personal RIVER 3 Plus Portable Power Station bundled with a 45W solar panel and a protective bag for $269 shipped. It provides a more compact 286Wh LiFePO4 capacity that dishes up to 600W of output power (surging to 1,200W) through its seven port options. Like the above model, there are some extra battery options that can expand the station’s battery capacity to a maximum of 858Wh. Equipped with the brand’s X-Boost and X-Stream tech, you’ll get a full battery from a wall outlet in just one hour, while connecting its maximum 220W solar input gives you the same in 1.5 hours.

Be sure to browse EcoFlow’s full Game Day Power sale while it continues through February 5, with up to $2,999 in initial discounts, 3x EcoCredits on select offers, a 15% accessory discount, and 5% off sitewide savings through the sale’s promo code.

Greenworks 60V 17-inch Cordless Electric Push Lawn Mower

Greenworks’ latest 60V 17-inch cordless electric push lawn mower returns to its $300 low in second-ever discount

Amazon is offering the second-ever chance to save on Greenworks’ new 60V 17-inch Cordless Electric Push Lawn Mower for $299.99 shipped, after clipping the on-page $100 off coupon. This new model of the brand’s affordable mowers starts things at a $400 full price, with only one previous discount on the books, which first brought things to the $300 low a few weeks ago. That same deal is returning today, slashing $100 off the tag and returning the costs to the lowest price we have tracked.

Alongside some of the brand’s pricier mowers, like the CrossoverZ riding model, for example, Greenworks also puts out some solid budget-friendly options for folks. This new 60V push mower is one such option, with the included 4.0Ah battery providing it with a 40-minute runtime for smaller yards (though if you own other batteries, you can certainly cover more ground). The 17-inch lightweight deck comes rust-resistant and lightweight for more effortless maneuverability and control. Equipped with a brushless motor, it features a six-position cutting height adjustment from 1.5 to 3.15 inches while also offering rear bagging and mulching functionality.

Best New Year 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.

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Tesla Full Self-Driving hasn’t improved all year and Musk points to more wait

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June 12, 2025

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Tesla Full Self-Driving hasn't improved all year and Musk points to more wait

Tesla Full Self-Driving Beta Hero

Tesla’s ‘Supervised Full Self-Driving’ (FSD) in customer vehicles hasn’t improved all year, based on the best available data previously praised by CEO Elon Musk.

Now Musk points to having to wait until later this year, but wait for what?

Tesla’s last major FSD update, v13, was released in December 2024.

Musk had previously claimed that v13 would enable “a 5 to 6x increase in miles between disengagements compared to v12.5.”

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The automaker never released any disengagement data to prove any improvement. Therefore, we have had to rely on crowdsourced data. There is a particular dataset that Musk himself previously shared positively, suggesting that the limited dataset is somewhat reflective of what Tesla is seeing in its own data.

Based on this dataset, v13 on Tesla’s HW4 vehicles was a real improvement, but it only brought a 2x improvement in miles between critical disengagement – nowhere near the claim “5 to 6x” increase.

As we previously reported, HW3 vehicles are still stuck on v12, and Musk has admitted that the hardware will never support the promised unsupervised self-driving capability, with no plans to rectify the situation in sight.

Now, six months after Tesla released v13, the program has stagnated as the automaker shifted all its efforts to a “robotaxi” pilot program in Austin, Texas.

Tesla has released a new version, v13.2.9 (left), but it has been performing worse than the previous update (v13.2.8 – right) after over 5,000 miles of data:

The latest data on Tesla FSD v13.2.9 points to 371 miles between critical disengagements.

As we previously reported, the robotaxi pilot program in Austin is a moving of the goalpost for Tesla, which has been promising that all its customer vehicles built since 2016 would become capable of unsupervised self-driving with future software updates.

It operates only in a geo-fenced area of Austin, where Tesla is specifically training its neural nets to be optimized for the area. Furthermore, it is using “plenty of teleoperation” to support the fleet, something that can’t scale to customer vehicles.

The hope is that Tesla’s optimization and focus on this pilot project in Austin will ultimately result in Tesla improving FSD in customer vehicles.

Musk has now commented on this effort:

It’s a new version of software, but will merge to the main branch soon. We have a more advanced model in alpha stage that has ~4X the params, but still requires a lot of polishing. That’s probably ready for deploy in a few months.

Quickly after claiming a 4x increase in parameters, Musk said that this would be coming “later this year”:

~4.5X increase in params should be ready for wide release later this year. Super frugal use of memory bandwidth, caching exactly what is needed & squeezing microseconds out of everything are needed to maintain the frame rate. And the whole system needs to be retrained.

It’s worth noting that Musk’s timelines for FSD releases have historically been extremely late.

The better question is what this long-awaited update will bring to Tesla owners?

Electrek’s Take

The promised and paid-for unsupervised self-driving? No. The “unsupervised” self-driving that Tesla is launching as part of the pilot program in Austin is not transferable to the customer fleet. It is geofenced in a small area around Austin, Texas, and it relies on teleoperation, which doesn’t scale to millions of vehicles like Tesla promised.

It’s also important to note that it’s not the first time that Musk has promised a significant increase in parameters. The CEO said that FSD v12.5 on HW4 was a “5x increase in parameters” and that was quite disappointing.

FSD v12.5 on HW4 (left) only brought a 22% increase in miles between critical disengagement compared to v12.3 (right):

In fact, the miles between critical disengagements plummeted with other v12.5 point updates, and it ultimately ended at 184 miles between critical disengagements, significantly below v12.3:

Therefore, it’s hard to get too excited about a new “~4.5x increase in parameters” when that’s what happened the last time Musk called for it.

Additionally, at that time, Musk stated that HW4 could support an “8x increase in parameters,” and it was around this time that he began to express less confidence in his comments about HW3.

It took another 6 months before he finally admitted that HW3 would not support unsupervised self-driving, and Tesla basically stopped making any significant updates on the hardware since.

Tesla is also quickly approaching the limits of HW4 with recent updates.

I think it’s becoming clear that the robotaxi launch in Austin is just another distraction from the fact that Tesla can’t deliver on its promise of making millions of vehicles delivered since 2016 capable of “unsupervised self-driving.”

I’m sure that the effort is going to result in improvements in FSD in customer vehicles later this year, but it won’t be to the level needed to achieve unsupervised self-driving without teleoperation, which again is not scalable.

If Tesla can get closer to 1,000 miles between critical disengagements, it would be nice, but 99% of the value of FSD lies in level 4-5 unsupervised self-driving, and we won’t be even close to that. And that’s what people paid for.

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BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets

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June 12, 2025

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BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets

BP logo is seen at a gas station in this illustration photo taken in Poland on March 15, 2025.

Nurphoto | Nurphoto | Getty Images

UAE oil giant ADNOC has joined the fray of firms said to be circling some of BP‘s highly prized assets, as takeover speculation for the embattled energy major kicks into overdrive.

Abu Dhabi National Oil Company is thought to be weighing up a move for some of the London-listed firm’s assets, should the oil major break up or seek to divest more units, Bloomberg reported Wednesday, citing unnamed sources familiar with the matter.

ADNOC is reportedly most interested in BP’s liquefied natural gas (LNG) assets, although it is also said to have considered a full takeover of the company. It is understood by Bloomberg that any prospective deal would likely take place via ADNOC’s international unit, XRG.

Spokespeople at BP, ADNOC and XRG declined to comment on the speculation when contacted by CNBC.

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover candidate. British rival Shell, as well as U.S. oil giants Exxon Mobil and Chevron, are among some of the names that have been touted as possible suitors.

Any potential deal between ADNOC and BP is seen as far from a foregone conclusion, but analysts point out that the two companies share a long-standing relationship across hydrocarbons and renewables over a range of geographies, most notably in Abu Dhabi and most recently in Egypt.

Former BP CEO Bernard Looney, who left the company after less than four years in the job in September 2023, sits on the XRG board alongside ADNOC CEO Sultan al-Jaber.

Maurizio Carulli, global energy and materials analyst at Quilter Cheviot, said ADNOC’s purported interest in some of BP’s assets is a “significant” development — albeit one that is somewhat expected, given ADNOC is a growing, cash-rich business looking to expand further into gas.

“That said, it seems unlikely that Adnoc would consider a full bid for BP as a whole given the company would not be strategically interested in BP’s oil assets. A few other listed oil majors might, though,” Carulli told CNBC by email.

“BP’s discrete assets, both upstream and downstream, will no doubt capture large interest from a number of both energy and private equity players,” he added.

Strategic reset

Last month, BP reportedly attracted interest from a number of possible buyers for its Castrol lubricants business, a unit thought to be one of the “crown jewels” of its portfolio.

Energy companies including India’s Reliance Industries and Saudi Arabia’s oil behemoth Aramco, as well as private equity firms Apollo Global Management and Lone Star Funds, were all previously touted as suitors for BP’s Castrol unit, Bloomberg reported on May 28, citing people familiar with the matter.

Apollo Global Management and Lone Star declined to comment on the report. CNBC has also contacted Reliance Industries and Aramco.

BP’s future is bright — if it can get through the next 6 months, analyst says

BP is seeking to fend off a prospective takeover by restoring investor confidence. The company launched a fundamental strategic reset earlier in the year and, despite posting weaker-than-expected first-quarter profit, CEO Murray Auchincloss told CNBC in late April that the firm was “off to a great start” in delivering on its new direction.

Shares of BP have stabilized in recent weeks, following a sharp fall in early April, as trade war volatility rocked financial markets. The stock price is down more than 4% in the year to date.

Allen Good, director of equity research at Morningstar, said it is unlikely BP will be prepared to split with significant pieces of its upstream portfolio, given the firm’s recent green strategy U-turn to double down on hydrocarbons.

Cars are seen at ADNOC gas station in United Arab Emirates on November 26, 2023.

Nurphoto | Nurphoto | Getty Images

As part of BP’s strategic reset, the company announced plans to increase annual oil and gas spending to investment to $10 billion through 2027, while slashing spending on renewables. It is also targeting $20 billion in divestments over the coming years.

“Activist pressure has been more on further cost and capital reductions, not necessarily core divestitures. Breaking up the company is unlikely to be the solution shareholders are looking for,” Allen told CNBC by email.

‘A global energy and chemicals leader’

For XRG, which ADNOC launched last year, reports of interest in some of BP’s assets come as the investment company seeks deals on gas and chemicals assets to help it reach an enterprise value of $80 billion.

“We are committed to delivering long-term value for our stakeholders and reinforcing Abu Dhabi and the UAE’s role as a global energy and chemicals leader,” ADNOC’s al-Jaber said at the time.

Sultan Ahmed Al Jaber, chief executive officer of Abu Dhabi National Oil Co. (ADNOC) and president of COP28, during the CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 11, 2025.

Bloomberg | Bloomberg | Getty Images

Russ Mould, investment director at AJ Bell, said any potential transactions between ADNOC and BP were likely to be hard-driven, with each party striving to defend its own interests.

“BP is under pressure to deliver on its goal to reduce debt, through improved organic cash flow and asset disposals,” Mould told CNBC.

“ADNOC will be well aware of this, and how the clock may be ticking so far as BP management is concerned, and it will therefore look to drive a hard bargain in the process, should it indeed be interested in some of BP’s assets, as reports suggest,” he added.

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Chime prices IPO at $27 per share, valuing fintech company at $11.6 billion ahead of Nasdaq debut

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June 11, 2025

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Chime prices IPO at per share, valuing fintech company at .6 billion ahead of Nasdaq debut

Chime Visa Credit Card

Source: Chime

Chime priced its IPO at $27 per share on Wednesday, above the expected range, in an offering that values the provider of online banking services at $11.6 billion

The company raised roughly $700 million in the IPO, with another $165 million worth of shares being sold by existing investors. The stock is expected to begin trading Thursday under ticker symbol CHYM.

The offering comes after a years-long freeze in the fintech IPO pipeline, as rising interest rates and valuation resets kept many late-stage companies on the sidelines. The market has started to loosen. Trading platform eToro jumped 29% in its Nasdaq debut last month, and crypto company Circle popped after hitting the market last week.

Online lender Klarna, meanwhile, has delayed its IPO plans and last month reported steep quarterly losses.

Read more CNBC tech news

Chime’s decision to go public — even after a steep cut from its last private valuation of $25 billion — marks a major test of investor appetite for consumer-facing finance companies. SoftBank, Tiger Global, and Sequoia all invested in the 2021 round at Chime’s private market peak.

The company’s top institutional shareholders are DST Global and Crosslink Capital, which owned 17% and 9.5%, respectively, of shares before the offering.

Chime’s core business — offering no-fee banking services, debit cards, and early paycheck access — draws most of its revenue from interchange fees. The company competes in various areas with fintech incumbents PayPal, Square and SoFi.

Revenue in the latest quarter climbed 32% from a year earlier to $518.7 million. Net income narrowed to $12.9 million from $15.9 million a year ago.

Morgan Stanley, Goldman Sachs and JPMorgan Chase are leading the IPO.

WATCH: Chime files to go public

Chime files to go public on NASDAQ under CHYM

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