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WASHINGTON US President Joe Biden said on Tuesday he will seek a second White House term in 2024.

It is a decision that will test whether Americans are ready to give the 80-year-old Democrat, already the oldest US president ever, another four years in office.

Mr Biden made his announcement in a slickly produced video released by his new campaign team, in which he declares it is his job to defend American democracy.

It opens with imagery from the Jan 6, 2021, attack on the US Capitol by supporters of former president Donald Trump. Remote video URL When I ran for president four years ago, I said were in a battle for the soul of America, and we still are, Mr Biden said. This is not a time to be complacent. Thats why Im running for re-election.

Lets finish this job. I know we can.

Mr Biden described Republican platforms as threats to American freedom, vowing to fight efforts to limit womens healthcare, cut Social Security and ban books, while blasting Maga extremists.

Maga is the acronym for the Make America Great Again political slogan of Trump, who may well be Mr Bidens Republican opponent in the November 2024 election.

The Republican Party reacted to Mr Bidens announcement by calling him out of touch.

Biden is so out of touch that after creating crisis after crisis, he thinks he deserves another four years, the Republican National Committee said in a statement.

If voters let Biden finish the job, inflation will continue to skyrocket, crime rates will rise, more fentanyl will cross our open borders, children will continue to be left behind, and American families will be worse off.

In the two years since he took over from Trump, Mr Biden won Congress approval for billions of dollars in federal funds to tackle the Covid-19 pandemic and for new infrastructure.

He also oversaw the lowest levels of unemployment since 1969, although a 40-year high in inflation has marred his economic record.

Mr Bidens age makes his re-election bid a historic and risky gamble for the Democratic Party, which faces a tough election map to hold the Senate in 2024 and is the minority in the House of Representatives now.

Mr Bidens approval ratings were stuck at just 39 per cent in a Reuters/Ipsos poll released on April 19.

There are steep concerns about his age among some Americans.

Mr Biden would be 86 by the end of a prospective second term, almost a decade higher than the average US males life expectancy. More On This Topic As Biden turns 80, Americans ask 'What's too old?' How old is too old and when do you call it quits from work? Doctors declared Mr Biden, who does not drink alcohol and exercises five times a week, fit for duty after an examination in February. The White House says his record shows that he is mentally sharp enough for the rigors of the job.

Mr Biden will be joined in his 2024 quest by his running mate, Vice-President Kamala Harris. Trump matchup again?

Mr Bidens entry into the race follows Trumps announcement in November that he would seek a second term after losing the 2020 contest to Mr Biden.

Mr Biden, running as an incumbent, is unlikely to face much competition from inside his party.

No senior Democrats have shown signs of challenging him and he has compiled a board of rising-star Democrats to advise his campaign, including governors J.B. Pritzker of Illinois and Josh Shapiro of Pennsylvania.

Potential and declared Republican presidential candidates have begun framing the 2024 election around cutting back government spending amid still-high inflation, restricting abortion, crime in Democratic-run cities and illegal immigration.

The two leading Republican contenders are Trump and Florida Governor Ron DeSantis.

They want to limit the access of trans children to sports teams and gender-affirming medical care, and restrict how schools teach LGBTQ+ issues and Americas history of slavery and racial disparities. More On This Topic Biden plans an election bid that will be more complicated the 2nd time around Trump kicks off campaign in New Hampshire, South Carolina Not a 2020 recap

Mr Biden ran a mostly virtual campaign to defeat Trump in the 2020 election as Covid-19 raged, saying he sought to unify the country, rebuild the economy, and better control the virus.

With pandemic restrictions mostly over in the US, the 2024 race is likely to be a much different, more physical affair.

After losing by 7 million votes to Mr Biden in 2020, Trump refused to concede defeat, falsely claiming there had been widespread electoral fraud.

His supporters stormed the US Capitol building in Washington on Jan 6, 2021, in support of his claims.

However, they failed to halt certification by Congress of Mr Bidens win.

Mr Bidens campaign video suggests he plans to remind voters of these actions, while lauding his handling of the economic recovery from the pandemic slump, especially the strength of the labour market.

Other Biden themes may include strong US support for Ukraine in its war against Russia and what the White House says are Republican plans to unravel federal healthcare and programmes popular with older voters.

This summer, Mr Biden is challenging Republicans to find common ground on raising the US debt ceiling before the country goes into default in a matter of months.

Fifty-nine per cent of Democrats polled by Reuters/Ipsos in February said the phrase Joe Biden is too old to work in government describes the president. REUTERS More On This Topic Biden has picked 2020 deputy campaign manager to manage 2024 presidential election run: Source Biden plots a 2024 presidential run – and a Trump rematch

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RadRunner e-bikes from $999, EcoFlow DELTA Pro 3 with solar panels $2,999, Anker Everfrost review, more

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RadRunner e-bikes from 9, EcoFlow DELTA Pro 3 with solar panels ,999, Anker Everfrost review, more

Well folks, the weekend is nearly here and before it officially arrives we’ve pieced together the latest roundup of Green Deals. Leading the pack today are RadRunner 2 and 3 Plus e-bikes from $999 as well as an EcoFlow flash sale that takes the brand’s robust DELTA Pro 3 with four 125W solar panels down to a new $2,999 low. We’ve also went hands-on with Anker’s SOLIX EverFrost 2 58L Electric Cooler, and the full review is waiting for you to scope out right here. There are also plenty of other deals from earlier in the week that are still live, so head below and we’ll get you caught up on what you may have missed.

Head below for more 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.

Rad’s ‘jack-of-all-trades’ RadRunner 2 and RadRunner 3 Plus e-bikes provide utility with mobility at low prices from $999

Having begun back in February, and now continuing with Rad Power’s current Earth Day Sale running through April 23, the brand still has two of its three RadRunner series e-bikes down at the lowest prices in their history, while the RadRunner Plus model has run out of stock. Starting with the lowest priced, you can hop aboard the brand’s RadRunner 2 Utility e-bike for just $999 shipped, bringing costs down from its $1,499 post-2024 tariff pricing. Before this price cut began, things had only ever fallen as low as $1,199 before the summer of last year, with discounts following July only ever dropping to $1,299. But with this shake-up, you’ll score $500 off the going rate for as long as supplies last, gaining a versatile means to commute and run errands at the lowest price we have tracked.

Given the moniker of Rad’s “jack-of-all-trades” model, the RadRunner 2 is an affordable means to get around during commutes, joyrides, errand running, and more. I see them, and their counterparts in the series, parked outside my local grocery store frequently, as more and more folks in Brooklyn seem to be finding them as a solid alternative to owning a car. You’ll get up to 50 miles of travel here with its four PAS levels activated at up to 20 MPH top speeds with its combination of a 750W brushless gear hub motor and the 672Wh battery. Along with the simplified control panel for its riding settings, it also comes stocked with a rear-mounted cargo rack that offers a 120-pound payload, puncture-resistant fat tires, a standard LED headlight, and an integrated taillight with both brake light and flash mode capabilities.

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The upgraded RadRunner 3 Plus e-bike, meanwhile, is also still down at it’s newest all-time low of $1,699 shipped, brought down from $2,199. It sports the same 750W motor and 672Wh battery combination for achieving 45+ miles of travel through its five PAS levels at up to 20 MPH speeds. There are some notable differences here, like the Tektro hydraulic disc brakes that provide better stopping power (over the RadRunner 2’s mechanical ones), as well as a 350-pound payload (50 pounds more total), and a longer step-thru design for a more ergonomic riding position. There are also other features like puncture-resistant fat tires, fenders over both wheels, the LED headlight and brake-light capable integrated taillight (with the auto-on functionality), and LCD screen for settings.

EcoFlow’s latest flash sale gives you the multi-capable DELTA Pro 3 with four 125W solar panels at a new $2,999 low, more

As part of its ongoing Mega Sale through April 25, EcoFlow has launched the next round of its flash offers lasting through the rest of the day. The main deal here is the DELTA Pro 3 Portable Power Station bundled alongside four 125W solar panels for $2,999 shipped. Coming down off its usual $4,598 price tag, we’ve only ever seen discounts take it down as low as $3,199 before today. For the rest of the day, you can take advantage of this lower-than-ever pricing to score one of the brand’s newer solar generator packages at a 35% markdown, giving you $1,599 in savings at a new all-time low price. It even beats out Amazon, where it still sits $300 higher.

One of the brand’s newer models that has been quite popular since releasing back in June, the EcoFlow DELTA Pro 3 starts off with an already impressive 4,096Wh LiFePO4 battery capacity with a steady 4,000W of power output that surges up to 6,000W. It comes with some equally impressive expansion capabilities up to 48,000Wh with additional equipment, with its output also expanding up to 12,000W when three of these power stations are connected together, covering major home backup needs. Among the many units under the brand’s flag, this one offers the widest amount of ways to recharge its own battery, with seven solo options and 18 combination options. A standard wall outlet will have it back at an 80% battery in 50 minutes, while also offering other options like solar charging (with a max 2,600W input), EV, automotive auxiliary outlets, dual PV charging, and much more.

It’s been given 14 output ports, divided up amongst seven ACs, two USB-As, two USB-Cs, and three DCs, and offers up the complete array of smart controls accessed through the companion app to monitor and adjust settings as it keeps your devices and appliances running. It was the first unit to be given the latest X-Core 3.0 tech, expanding its surging capabilities and charging speeds while also running at quieter decibels and cooler temperatures, as well as improving upon the battery and smart home management, providing “explosion-proof” battery packs, and upgrading its parallel capacity expansion performance.

The second of today’s flash savings gives you the brand’s 800W Alternator Charger at $349 shipped, coming down from its regular $399 pricing during this sale and its full $599 rate. With this device, you’ll be able to recharge any power station you have via your car’s alternator, juicing the battery back up while on the move – which makes a perfect companion for those who may be taking their setups on the road.

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Analysts brace for Bitcoin slide on gloomy US manufacturing data

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Analysts brace for Bitcoin slide on gloomy US manufacturing data

Analysts brace for Bitcoin slide on gloomy US manufacturing data

Bitcoin’s spot price could take a hit after the US Federal Reserve reported some of the worst manufacturing data in recent history, according to several cryptocurrency analysts.

On April 17, the Philadelphia Federal Reserve Manufacturing Index — a monthly survey of 250 US-based manufacturers — reported the sharpest declines in overall business activity since 2020. 

The data puts Bitcoin (BTC) “under short term pressure,” researchers at Bitunix, a crypto exchange, said in a post on the X platform. They added that Bitcoin could still see a “strong comeback” if its price holds above $83,000 per coin.  

As of April 18, Bitcoin has been trading at approximately $84,000 per coin, according to data from Google Finance.

The Federal Reserve’s bearish report comes as factories brace for the impact of US President Donald Trump’s plans to impose sweeping tariffs on US imports, potentially raising production costs for manufacturers.

“[I]ndicators for general activity, new orders, and shipments all fell and turned negative… suggest[ing] subdued expectations for growth over the next six months,” the report said

Analysts brace for Bitcoin slide on gloomy US manufacturing data
Source: Felix Jauvin

Related: Trade tensions to speed institutional crypto adoption — Execs

Bad omen for crypto?

Analysts said the combination of rising prices and slowing production could deal a blow to financial markets, including cryptocurrencies. Rising prices limit central banks’ ability to support markets in a downturn. 

“Economic activity is falling off a cliff and any activity that remains, the prices are going up,” Felix Jauvin, a Blockworks macroeconomic analyst, said in a post on the X platform. 

It’s an “[a]bsolute worst scenario for policy makers here especially with no meaningful idea of how permanent tariffs will be,” he added.

Analysts brace for Bitcoin slide on gloomy US manufacturing data
Six-month outlook for key manufacturing indicators. Source: Derek Thompson

However, Bitcoin has been more resilient to recent macroeconomic shocks than stocks or other cryptocurrencies, Binance said in an April research report. 

Since Trump announced his tariff plans on April 2, Bitcoin has traded roughly flat after initially declining but more than 10%, Google Finance data shows. Meanwhile, the S&P 500 — an index of US stocks — is still down by around 7%. 

“Even in the wake of recent tariff announcements, BTC has shown some signs of resilience, holding steady or rebounding on days when traditional risk assets faltered,” Binance said. 

Trump initially sought to impose double-digit levies on virtually all foreign goods but later paused planned tariffs on certain countries. 

He still wants to place high taxes on many Chinese imports, causing concerns among crypto executives who fear a trade war could harm blockchain networks. 

Magazine: Crypto ‘more taboo than OnlyFans,’ says Violetta Zironi, who sold song for 1 BTC

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Tesla Odometergate: is it Tesla’s own Dieselgate or nothing burger?

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Tesla Odometergate: is it Tesla's own Dieselgate or nothing burger?

A lawsuit alleging that Tesla is inflating mileage to avoid warranty claims is already being compared to Dieselgate and referred to as ‘Tesla Odometergate.’

Is Tesla having its own Dieselgate, or is it a nothing burger?

A new class action lawsuit filed in California against Tesla alleges that the automaker is using “predictive algorithms” to inflate mileage at the odometers, allowing Tesla to claim higher mileage past warranty limits.

Lawyers for the plaintiff wrote in the lawsuit:

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Rather than relying on mechanical or electronic systems to measure distance, Plaintiff alleges on information and belief that Tesla Inc. employs an odometer system that utilizes predictive algorithms, energy consumption metrics, and driver behavior multipliers that manipulate and misrepresent the actual mileage travelled by Tesla Vehicles. In so doing, Defendants can, and do, accelerate the rate of depreciation of the value of Tesla Vehicles and also the expiration of Tesla Vehicle warranties to reduce or avoid responsibility for contractually required repairs as well as increase the purchase of its extended warranty policy.

The lawsuit refers to patents filed by Tesla regarding its mileage counter, but it primarily relies on the experience of its lead plaintiff.

Nyree Hinton, a data professional from Los Angeles, is the lead plaintiff in the lawsuit and shared his own experience that led to making these allegations.

In December 2022, Hinton purchased a used 2020 Tesla Model Y with 36,772 miles on the odometer. He received Tesla’s Basic Vehicle Limited Warranty, which covers repairs for four years or 50,000 miles, whichever comes first.

Shortly after, Hinton noticed that his vehicle’s mileage increased at an unexpected rate. Despite driving approximately 20 miles per day, based on his own estimate, the odometer indicated an average of over 72 miles per day. This rapid mileage accumulation led to the warranty expiring sooner than anticipated, resulting in Hinton incurring a $10,000 suspension repair bill that he believed should have been covered under the warranty otherwise.

Other than Hinton’s experience, the lawsuit is light on data, but it does cite other Tesla owners claiming to have similar experiences on forums and social media.

Here’s the full lawsuit:

Tesla’s own Dieselgate or a nothing burger

If the allegations in this lawsuit are factual, it would indeed be a significant scandal. However, it is light on proof.

Hinton appears to have closely tracked his own experience, and he has some credibility as a data analyst. We have no reason not to believe him, but the case would need a lot more evidence to move forward.

Electrek reached out to ‘Green’, a well-known Tesla hacker who frequently discovers new features and specifications in Tesla’s software and firmware.

He told us that he doubts Tesla would have been able to hide something like that from him and the broader whitehat hacking community, but he admits they weren’t looking for it.

Green believes that it is likely that Tesla uses predictive algorithms for its odometer, but it could be as simple as accounting for tire wear, since tire rotation is used to calculate odometer mileage.

Odometers are not perfect, and there can be some discrepancies, but the one described by the lead plaintiff in this case is undoubtedly higher than what would be expected or allowed.

Electrek’s Take

I think it’s too light on data and proof right now to make a big deal out of this. I have no reason not to believe Hinton, but it could also be a specific problem with his vehicle rather than a broader issue and active deception from Tesla.

If the lawsuit is allowed to proceed, we may gain more insight, and it could encourage others with similar experiences to join in – resulting in more data.

In the meantime, I’ll remain in the skeptical camp on this one.

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