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close video DeSantis says Disney lawsuit has no merit

Florida Gov. Ron DeSantis reacted to Disney’s lawsuit against him, saying it’s time for the company to “live by the same rules as everybody else.”

Florida Gov. Ron DeSantis on Thursday dismissed Disney's lawsuit against him, calling it politically motivated and saying it is not "pro-business" to let one company get favorable treatment from the government.

Disney filed a lawsuit against DeSantis on Wednesday, alleging the Republican orchestrated a "targeted campaign of government retaliation" against the company that violates Disney's free speech rights. Disney is challenging the legality of a new board appointed by DeSantis to govern the Central Florida Tourism Oversight District – where the Walt Disney World resort is located. 

"I don't think the suit has merit," the governor said in Jerusalem.

The legal complaint is an escalation of a fight between DeSantis and Disney that began last year when the House of Mouse campaigned to overturn Florida's Parental Rights in Education law, which detractors misleadingly labeled the "Don't Say Gay" bill. DeSantis, widely expected to run for president in 2024, responded by pushing the Florida legislature to strip Disney's self-governing authority and create a new board, full of his appointees, which now has control over the theme park's development.  Ticker Security Last Change Change % DIS THE WALT DISNEY CO. 98.11 +1.51 +1.56%

"They’re upset because they’re having to live by the same rules as everybody else. They don’t want to pay the same taxes as everybody else and they want to be able to control things without proper oversight," DeSantis said. "The days of putting one company on a pedestal with no accountability are over in the state of Florida."

DISNEY SUES FLORIDA GOV. RON DESANTIS OVER LOSS OF SPECIAL DISTRICT

Florida Gov. Ron DeSantis talks to the media at a conference titled “Celebrate the Faces of Israel” at Jerusalem’s Museum of Tolerance, Thursday, April 27, 2023. (AP Photo/Maya Alleruzzo / AP Newsroom)

DeSantis was speaking on the third leg of an international trip meant to burnish his foreign policy credentials ahead of a potential campaign for the Republican presidential nomination as a key rival to former President Donald Trump.

The governor has leaned in to his spat with Disney, one of Florida's largest employers and a major source of tourism to the Sunshine State, even as business leaders and other GOP 2024 hopefuls have bashed his actions as non-conservative and anti-business. 

DISNEY'S ‘BACK ROOM DEAL’ TO STOP DESANTIS RIPPED BY LEGAL EXPERT: 'WORTHY OF SCROOGE MCDUCK

General views of the Walt Disney World Resort, celebrating its 50th anniversary on April 03, 2022 in Orlando, Florida. (AaronP/Bauer-Griffin/GC Images / Getty Images)

"Hey @Disney, my home state will happily accept your 70,000+ jobs if you want to leave Florida," tweeted Republican presidential candidate former U.S. ambassador to the United Nations Nikki Haley on Wednesday. "SC's not woke, but we're not sanctimonious about it either." 

Her dig at DeSantis parroted former President Donald Trump, who is also running for president and has taken to calling DeSantis "Ron DeSanctimonious" or "DeSanctus." Earlier this month, Trump called DeSantis' fight with Disney a "political STUNT." 

DISNEYLAND UNVEILS FIRST-EVER LGBT ‘PRIDE NITE’ AMID BATTLE WITH DESANTIS

Florida Gov. Ron DeSantis waves as he arrives to a conference titled “Celebrate the Faces of Israel” at Jerusalem’s Museum of Tolerance, Thursday, April 27, 2023. (AP Photo/Maya Alleruzzo, Pool / AP Newsroom)

But the Florida governor has brushed off these criticisms. 

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"The idea that somehow being pro-business means giving companies their own governments, that is not what a free market is all about, last I checked," DeSantis said Thursday.

The Associated Press contributed to this report.

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Tesla closes loophole that let Kia owners charge on Superchargers

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Tesla closes loophole that let Kia owners charge on Superchargers

Kia owners were supposed to get access to Tesla Superchargers on January 15, but that timeline was recently delayed. Some owners had figured out a loophole to charge, but it turns out, that loophole is now closed.

It’s been a busy time for the North American EV industry’s transition to NACS, the charging standard originally advanced by Tesla and now standardized by SAE.

We’ve recently seen several brands added to the “coming soon” list, and even beyond that, VW and Honda have both made their own announcements that access is coming soon.

But this past couple weeks were supposed to be even busier, with Kia having previously planned to roll out Supercharger access on January 15th, according to an announcement the company made back in September. Unfortunately there was a delay, and Kia owners will have to wait until later this quarter for official support.

In the meantime, though, owners had found that you could trick the system into letting you charge by telling it that you have a Hyundai. Hyundai and Kia both build their EVs on the same E-GMP platform, so there are a lot of similarities between them.

Kia, like Hyundai, is also in the process of shipping some of the first vehicles with a native NACS port, with the 2025 EV6 including a native NACS port, much like the 2025 Ioniq 5 does. So this similarity seemed to be able to trick the Supercharger network, and Kia EV6s could charge on it for a little while, assuming use of a third-party adapter.

Last week, we reported on this loophole, and were hearing of many owners who had success charging.

But that method no longer works, according to several Kia owners. Now, when attempting to charge at a Tesla Supercharger with an EV6 and adapter, the Tesla app will tell you “Unknown error occurred – Your vehicle is not able to charge at Superchargers at this time.” This has been confirmed to be the case even on Supercharger sites that were previously working.

Probably one of the reasons for this is the use of third-party adapters. While third-party adapters are available, manufacturers are always wary when owners use non-verified equipment – especially when it’s related to the most expensive part of the car, the battery.

Kia themselves told us that “warranty coverage may be impacted by use of a third party or aftermarket adapter, and we expect to have our authorized version available in late Q1 2025” when we contacted them about our previous article (though we’re not sure how that would shake out legally – there are a lot of laws covering car warranties and what can and cannot void them).

This isn’t the first time we’ve seen some mix-ups with Supercharger access. Last November, Tesla announced that Nissan cars had access to Superchargers, but it turned out they jumped the gun. Everything is hunky-dory now for Nissan, and it seems like a bunch of new brands will gain access in the coming months, but we expect a few more fits and starts along the way (chaos tends to happen when you fire the whole Supercharger team for no reason).

But, once EV6s do gain access to Superchargers, we expect to see them show exceptional charge performance. The EV6’s cousin, the Ioniq 5, recently showed that it can charge faster than a Tesla, even on Tesla’s home turf. The EV6 should be able to accomplish similar feats, once it is unleashed onto North America’s biggest charging network.

If you’re looking to buy one of the fastest-charging EVs on the road today, use our link to check local dealers and get in line for when they get the new 2025 Kia EV6s in stock.


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BlackRock CEO wants SEC to ‘rapidly approve’ tokenization of bonds, stocks: What it means for crypto

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BlackRock CEO wants SEC to ‘rapidly approve’ tokenization of bonds, stocks: What it means for crypto

BlackRock CEO Larry Fink said he’s “a huge believer in crypto” and urged the SEC to “rapidly approve” asset tokenization. Is this a net positive for the crypto sector?

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Jaguar Land Rover invests $2M in rare earth magnets recycling 

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Jaguar Land Rover invests M in rare earth magnets recycling 

Jaguar Land Rover’s investment arm InMotion Ventures has invested $2 million in rare earth magnets recycling company Cyclic Materials, bringing its Series B funding round to $55 million.

Jaguar Land Rover’s InMotion Ventures has invested in a range of technologies including supply chain traceability, battery repair, reuse and recycling, and now, rare earth magnets recycling.

“Cyclic Materials is leading the way in creating a sustainable supply chain for rare earth elements (REEs) and critical materials,” said Mike Smeed, managing director at InMotion Ventures. “Their innovative technologies address a vital need for rare earth magnets recycling, supporting the automotive industry’s transition toward a cleaner and more resilient future.”

Cyclic Materials says it will use the investment to accelerate the expansion of its operations across North America and Europe, boost its processing capabilities, and refine its recycling technologies.

This Series B extension builds on Cyclic Materials’ earlier $53 million round that already has the backing of BMWi, Microsoft, and Hitachi.

Rare earth magnet recycling

Rare earth magnets are a type of permanent magnet made from alloys of REEs, which are part of a set of 17 chemical elements in the periodic table. Rare earth magnets, particularly neodymium magnets, are essential in electric traction motors in EVs. Their strong magnetic fields help deliver high performance and efficiency, which extend an EV’s driving range and reduce battery load.

Rare earth magnets can also be found in everything from data centers and wind turbines to cell phones and power tools. 

However, less than 1% of REEs are currently recycled, while the global demand already exceeds supply and is projected to grow threefold by 2030. Ontario-based Cyclic Materials says its proprietary MagCycle and REEPure technologies recycle REEs from a wide range of end-of-life products, establishing a circular supply chain for recycled Mixed Rare Earth Oxides.

Read more: Solar overtakes coal in the EU, and gas declines for 5th year running


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