Here’s something I didn’t expect to see today. Walmart has an interesting electric moped on sale for an attractive $779. The only problem is that it comes with the handlebars apparently installed backwards.
The Colorway e-bike is a mystery wrapped in a riddle. It comes with either a 750W or 250W rear hub motor, depending which line of the spec sheet you read. The bike claims a 20 mph (32 km/h) top speed, though it’s a bit worrying that Walmart admits right there on the spec sheet that it can only hit 20 mph when the battery is fully charged.
Then it’s got a 48V 15Ah battery for 720 Wh of capacity. That’s actually fairly impressive, and is slightly larger than the industry average, believe it or not. And if you’re in the mood for believing, Walmart says it will go as far as 20-40 miles (32-64 km) on a single charge of that battery.
The electric moped rides on 20″x4″ tires, features a 7-speed Shimano shifter and even includes full-suspension, though neither the front fork or rear shock look like high end suspension.
For now we’ll ignore the odd choice of name “Colorway”, which is a bit like naming a new car “Paint job”.
But the real kicker on this $1,299 e-bike that is currently marked down to $779 is that the handlebars are installed backwards.
Yes, that’s right. Check out the stem (the part that clamps the handlebars to the bike). It’s reversed, pointing back towards the saddle instead of forwards like normal.
To be fair, there’s an argument to be made that it isn’t “wrong”, per se. A reversed stem is a possible way to set up a bike, it’s just almost never done outside of a few niche cases. For extra small riders that aren’t large enough to handle a bigger bike, it puts the bars close enough to reach with their short arms. Some people also reverse the stem when using the bike for stunts.
The configuration is exceedingly rare though and in this case is almost certainly a mistake.
The setup is sometimes referred to as “tiller steering”, since instead of the stem letting the handlebars lead the bike, it is reversed like a boat tiller. That means the rider is sort of pulling the bars from side to side in the same motion as controlling the tiller on a boat.
The biggest downsides of the setup are that it creates a cramped cockpit and can lead to jerkier steering, especially for someone who isn’t used to the setup.
In this case, it’s possible that the bike was intended to be used this way. But based on the ultra budget cost and the fact that it’s being sold at Walmart, I’d wager that it’s equally possible that someone simply installed the handlebars wrong before the bike was sent for its product photoshoot. Lending credence to that theory is the fact that some of the riding shots show the handlebars installed correctly, like in the image below.
For those that would like to reinstall the handlebars the correct (or at least traditional) way, it’s possible but not exactly simple.
There’s more to it than just loosening the stem bolts and spinning the handlebar back around. You’ll also need to remove the brake levers, shifter, display and any other accessories on the handlebars like the bells and reflector. Then they’ll need to be reinstalled correctly. It’s not something that anyone armed with a 5mm hex wrench and a Phillips head screwdriver can’t handle, but it’s not a two minute job, either.
Of course the bike would probably work fine the way it is, as long as you could get used to the somewhat odd prospect of having your handlebars on backwards. But hey, you do you, Walmart!
Is Nissan raising the red flag? Nissan is now asking suppliers to delay payments, sparking concern over the automaker’s future.
Nissan asks supplier to delay payments to free up cash
As part of its recovery plan, Nissan announced in May that it plans to cut 20,000 jobs, or around 15% of its global workforce. It’s also closing several factories to free up cash and reduce costs.
According to several emails and company documents (via Reuters), Nissan is working with its suppliers to delay payments.
“They could choose to be paid immediately or opt for a later payment,” Nissan said. The company explained in a statement to Reuters that it had incentivized some of its suppliers in Europe and the UK to accept more flexible payment terms, at no extra cost.
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The emails show that the move would free up cash for the first quarter (April to June), similar to its request before the end of the financial year.
The new Nissan LEAF (Source: Nissan)
One employee said in an email to co-workers that Nissan was asking suppliers “again” to delay payments. The emails, viewed by Reuters, were exchanged between Nissan workers in Europe and the United Kingdom.
Nissan is taking immediate action as part of its recovery plan, aiming to turn things around, the company said in a statement.
Nissan N7 electric sedan (Source: Dongfeng Nissan)
“While we are taking these actions, we aim for sufficient liquidity to weather the costs of the turnaround actions and redeem bond maturities,” the company said.
Nissan didn’t comment on the internal discussions, but the emails did reveal it gave suppliers two options. They could either delay payments at a higher interest rate, or HSBC would make the payment, and Nissan would repay the bank with interest.
Nissan’s upcoming lineup for the US, including the new LEAF EV and “Adventure Focused” SUV (Source: Nissan)
The company had 2.2 trillion yen ($15.2 billion) in cash and equivalents at the end of March, but it has around 700 billion yen ($4.9 billion) in debt that’s due later this year.
As part of Re:Nissan, the Japanese automaker’s recovery plan, Nissan looks to cut costs by 250 billion yen. By fiscal year 2026, it plans to return to profitability.
Electrek’s Take
With an aging vehicle lineup and a wave of new competition from China, such as BYD, Nissan is quickly falling behind.
Nissan is launching several new electric and hybrid vehicles over the next few years, including the next-gen LEAF, which is expected to help boost sales.
In China, the world’s largest EV market, Nissan’s first dedicated electric sedan, the N7, is off to a hot start with over 20,000 orders in 50 days.
The N7 will play a role in Nissan’s recovery efforts as it plans to export it to overseas markets. It will be one of nine new energy vehicles, including EVs and PHEVs, that Nissan plans to launch in China.
Can Nissan turn things around? Or will it continue falling behind the pack? Let us know your thoughts in the comments below.
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Ford has long been rumored to be in discussions with Tesla about licensing its Full Self-Driving technology, but CEO Jim Farley has now shut down those rumors.
Farley confirmed that Ford talked with Tesla, but he believes Waymo has a better solution.
Ford was rumored to be the automaker in question due to its limited effort in autonomous driving and the fact that it was the first automaker to initiate the adoption of Tesla’s charge connector as the new North American standard.
The rumors might have been true, as CEO Jim Farley confirmed that Ford was in talks with Tesla about self-driving during a talk at the Aspen Ideas Festival last week.
He said that he talked with Musk and admitted that both Waymo and Tesla have made progress toward self-driving, but he sees LIDAR, which Waymo uses but Tesla does not, as a critical part of self-driving.
Farley was directly asked what approach made more sense (via Fortune):
“To us, Waymo,” Farley said. He pointed out that both Waymo, owned by Google-parent Alphabet, and Tesla “have made a lot of progress” on self-driving, and Farley acknowledged that he has had conversations with Elon Musk. But he stated that Ford considered LiDAR to be an important part of the picture, noting that “where the camera will be completely blinded, the LiDAR system will see exactly what’s in front of you.”
Ford invested approximately $1 billion in Argo AI, a self-driving startup in partnership with Volkswagen. However, it ceased funding the company in 2022, and Argo AI was subsequently dissolved, with the two automakers integrating their technology.
After this setback, Ford said it would partner with self-driving companies once the technology is further developed.
Waymo has first been focused on developing its own vehicles for autonomous ride-hailing, while Tesla has been trying to bring consumer autonomous vehicles to market.
These different approaches have been reversing lately with Tesla launching a pilot program for its own autonomous ride-hailing fleet after years of failing making its consumer vehicles self-driving.
Tesla shareholders have been hoping for those talks that Musk has been teasing for years to come to fruition, and have an automaker validate Tesla’s approach to self-driving.
It looks like it won’t be Ford and it looks like Ford might have been that “one major automaker” in discussion with Tesla.
As Farley put it, they want to take a careful approach to self-driving, and if that’s your goal, Tesla might not be the best partner.
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Construction work on solar power arrays continues at rPlus Energies’ Green River Energy Center in Emery, Utah, U.S. June 11, 2025.
Jim Urquhart | Reuters
Clean energy stocks fell on Monday as President Donald Trump’s spending legislation now includes a tax on wind and solar projects using Chinese components and abruptly phases out key credits.
The Senate is voting Monday on amendments to the legislation. The current draft ends the two most important tax credits for solar and wind projects placed in service after 2027.
“The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country,” Tesla CEO Elon Musk posted on X over the weekend. “Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future.”
Previous versions of the bill were more flexible, allowing projects that began construction before 2027 to qualify for the investment and electricity production tax credits, according to Monday note from Goldman Sachs.
Compressed timelines
The change “compresses project timelines and adds significant execution risk,” Bank of America analyst Dimple Gosal told clients in a note Monday. “Developers with large ’25 pipelines, may struggle to meet the new deadlines — potentially delaying or downsizing planned investments.”
The Senate legislation also slaps a tax on solar and wind projects that enter service after 2027 if they use components made in China.
“The latest draft in the Senate has become more restrictive for most renewable players, moving toward a worst case outcome for solar and wind, with a few improvements for subsectors on the margin,” Morgan Stanley analyst Andrew Percoco told clients in a Sunday note.
To be sure, the rooftop solar industry is viewed by Wall Street as a relative winner from the bill, with Sunrun shares up more than 7% and SolarEdge trading more than 3% higher on Monday. The legislation seems to allow tax credits for leased rooftop systems to remain in place through the end of 2027, which was not the case in previous versions, according to Goldman Sachs.
And First Solar is up more than 7% as the legislation seems to allow the manufacturer to claim credits for both components and final products, according to Bank of America.