Tesla rewards CEO Elon Musk with massive, restricted stock package
Tesla has rewarded CEO Elon Musk with a massive, restricted stock package that equates to about $29 billion in shares in an effort to retain him as the head of the company. It is also a package that aims to reward Musk for leading numerous Tesla projects that have brought billions in value for shareholders over the past seven years. After his 2018 pay package was rejected by a Delaware Chancery Court, Musk started to question his future at the company. This move, performed by a Special Committee of the Tesla Board, should retain him for several years. BREAKING: Tesla has announced that its Board has unanimously approved a recommendation from the Special Committee of the Board to grant Elon an award of restricted stock equal to approximately one-third of the compensation he earned under the 2018 CEO Performance Award. The… pic.twitter.com/dnvkILlz6H — TESLARATI (@Teslarati) August 4, 2025 On Monday morning, Tesla shared on X that it had approved a recommendation from a Special Committee comprised of Board Chair Robyn Denholm and fellow board member Kathleen Wilson-Thompson. It aimed to compensate Musk for his “extraordinary work” and reward him after not receiving “meaningful compensation” for the last eight years. The post stated that “Tesla is committed to honoring its promises in the 2018 CEO Performance Award and intends to compensate its CEO for his future services commensurate with his contributions to our company and shareholders, we have recommended this award as a first step, ‘good faith’ payment to Elon.” The award includes the following: 96 million restricted shares of stock, subject to Elon paying a purchase price upon meeting a two-year vesting term, to be delivered after receipt of antitrust regulatory approval The purchase price will be equal to the split-adjusted exercise price of the stock options awarded to Elon under the 2018 CEO Performance Award ($23.34 per share) A requirement that Elon serve continuously in a senior leadership role at Tesla during the two-year vesting term A pledging allowance to cover tax payments or the purchase price A mandatory holding period of five years from the grant date, except to cover tax payments or the purchase price (with any sales for such purposes to be conducted through an orderly disposition in coordination with Tesla); and If the Delaware courts fully reinstate the 2018 CEO Performance Award, this interim award will be forfeited or returned or a portion of the 2018 CEO Performance Award will be forfeited. To put it simply, there cannot be any “double dip.” Elon will not be able to keep this new award in addition to the options he will be awarded under the 2018 CEO Performance Award, should the courts rule in our favor The board added: “The Special Committee believes now is the right time to take decisive action to recognize the extraordinary value that Elon created for Tesla shareholders. As such, the Board (with Elon and Kimbal Musk recusing themselves) has unanimously approved a recommendation from the Special Committee of the Board to grant Elon an award of restricted stock equal to approximately one-third of the compensation he earned under the 2018 CEO Performance Award.” Musk and his brother, Kimbal, are both members of the Tesla board. However, both Musk brothers recused themselves from any voting on this pay package. The move comes as Musk has hinted on several occasions that he is concerned about his control of the company. His current stake in Tesla stands at about 12.8 percent. He has said a few times he would be more comfortable with a 25 percent stake to protect himself against “activist shareholders.” He commented on it during the Q2 Earnings Call in late July: “That is a major concern for me, as I’ve mentioned in the past. I hope that is addressed at the upcoming shareholders’ meeting. But, yeah, it is a big deal. I want to find that I’ve got so little control that I can easily be ousted by activist shareholders after having built this army of humanoid robots. I think my control over Tesla, Inc. should be enough to ensure that it goes in a good direction, but not so much control that I can’t be thrown out if I go crazy.” The pay package should alleviate any concerns that Tesla would lose Musk as its CEO. Retaining him is perhaps the biggest step in ensuring consistent progress is made on several fronts, including AI and Robotics. The post Tesla rewards CEO Elon Musk with massive, restricted stock package appeared first on TESLARATI.
Tesla executes ‘a must’ with Musk as race to AI supremacy goes on: Wedbush
Tesla (NASDAQ: TSLA) executed what Wedbush’s Dan Ives called “a must” this morning as it finalized a new pay package for its CEO Elon Musk. The move helped give Musk his first meaningful compensation at Tesla since 2017, when the company offered a pay package that was based on performance and proven growth. That package was approved by shareholders on two separate occasions, but was denied to Musk both times by the Delaware Chancery Court. On Monday, Tesla announced on X that it had created a new package that would give 96 million shares of restricted stock to Musk to compensate him for the “immense value generated for Tesla and all our shareholders.” BREAKING: Tesla has announced that its Board has unanimously approved a recommendation from the Special Committee of the Board to grant Elon an award of restricted stock equal to approximately one-third of the compensation he earned under the 2018 CEO Performance Award. The… pic.twitter.com/dnvkILlz6H — TESLARATI (@Teslarati) August 4, 2025 The details of the pay package are designed to retain Musk, who has voiced some concerns about his control of Tesla, as “activist shareholders” have used lawsuits to disrupt the previously approved package. You can read all the details of it here: Tesla rewards CEO Elon Musk with massive, restricted stock package Ives says Musk’s retention is ‘a must’ Ives said in a note to investors on Monday that with the raging AI talent war that Tesla made a smart move by doing what it could to retain Musk. He wrote: “With the AI talent war now fully underway across Big Tech, we believe this was a strategic move to keep TSLA’s top asset, Musk, would stay focused at the company with his priority being to bolster the company’s growth strategy over the coming years. With this interim award increasing Musk’s voting rights upon this grant, which Musk honed in on and mentioned was increasingly important to incentivize him to stay focused on the matters at hand, this was a strategic move by the Board to solidify Musk as CEO of Tesla over the coming years with this framework for Musk’s pay package and greater voting control removing a major overhang on the story.” He went on to say: “While the groundwork is now in place for the next few years, it will be critical for the Tesla Board of Directors to get this long-term compensation strategy in place prior to the company’s November 6th shareholder meeting which would address the elephant in the room and remove a significant overhang on the stock.” Wedbush maintained its Outperform rating and its $500 price target on the stock. The post Tesla executes ‘a must’ with Musk as race to AI supremacy goes on: Wedbush appeared first on TESLARATI.
Tesla’s new Robotaxi geofence shape is an FU by Elon Musk to the competition
Tesla expanded its Robotaxi geofence in Austin once again early Sunday morning. The new shape seems to be somewhat of a proverbial, and potentially literal, middle finger to the competition. If you thought the first expansion was a message to the competition and doubters of the company’s ride-hailing service, you probably will believe the second expansion is an even stronger gesture. Tesla’s first expansion did not go unnoticed, as its shape was particularly recognizable. The company has always operated with a sense of humor, and it embraced what it did. Some, including me, took it as a message to competitors: We can expand in any direction, in any size, at any time. We’ll prove it.” They picked a shape and went with it: Tesla’s Robotaxi expansion wasn’t a joke, it was a warning to competitors It is evident that Tesla is keeping its humor up to continue to show a few things. The first is that it really can expand in any direction it wants and that’s how it is choosing to show it. The second, well, maybe it’s an edgier way to show doubters that it is really executing on Robotaxi: Tesla has expanded the Austin RoboTaxi network. Looks like a giant middle finger. Giant F U to the competition? pic.twitter.com/tcaIxdQk10 — Farzad (@farzyness) August 3, 2025 all I see is Tesla giving the middle finger pic.twitter.com/P4otjxSCQm — Daniel Harding (@ArchamusDK) August 3, 2025 Maybe it’s all pareidolia. But maybe it’s not. After all, Tesla embraced the first geofence expansion for what it appeared to be. This might be a similar occurrence, and it might be sending another message to the competition, critics, and doubters. The expansion was a near-doubling of the geofence Tesla offered previously. After the initial geofence covered just about 20 square miles, Tesla was able to more than double it to 42 square miles with the first growth. This new geofence shape was just under double, and is about 80 square miles. Tesla’s rapid expansion has impressed many, especially considering the service area has roughly doubled for the second time in well under two months. The Robotaxi service was first offered on June 22. The post Tesla’s new Robotaxi geofence shape is an FU by Elon Musk to the competition appeared first on TESLARATI.
How Klean Kanteen steeled the water bottle market
Klean Kanteen helped to popularize plastic-free, reusable water bottles, weathering two decades by focusing on durable products rather than chasing aggressive growth. Ideals of serving “people, planet and profit” have helped the certified B Corporation endure recent challenges including tariffs that are uniquely hurting smaller businesses. In addition, the brand is adapting from a 2024 buyout and competing against copycats and the persistence of single-use plastic. “We maintain by staying core to who we are and why we originally started, and not deviate too much from that,” said Global Product Manager Hunter Shoop. Standing against plastic Privately held Klean Kanteen, which does not release sales figures, is navigating its share of the growing, $1.45 billion global market for stainless steel bottles. That will reach $2.08 billion by 2032, according to Data Bridge Market Research. That said, with two supplier plants in China, Klean Kanteen has found the erratic tariff policies of the Trump administration a challenge. “They’ve jumped from single digits to triple digits, so it’s a pretty large impact on the business,” Shoop said. So far, Klean Kanteen has capped price increases to about $2 on certain products. Its 27-ounce bottles now list for $21.95. The tariffs have not hurt Klean Kanteen’s sustainability efforts, though, which include working with suppliers to monitor their renewable energy usage and carbon footprints, according to Shoop. Nevertheless, the Chico, California, business continues to swim upstream in its mission to provide alternatives to single-use plastic: Disposable plastic water bottle sales skyrocketed by nearly 3,000 percent between 1997 and 2021 in the United States, according to the Container Recycling Institute. People toss more than two-thirds of the 86 billion bottles sold annually. That $4.34 billion worldwide plastic bottle market will hit $6.46 billion in 2032, according to Fortune Business Insights. Northern California roots A father, son and daughter took over Klean Kanteen 19 years ago from Robert Seals, a Northern California sculptor who shaped the initial steel vessel. He had made Klean Kanteen a fixture at green festivals, music fairs and grocery co-ops. As some of the first stainless steel refillable options on the market, they appealed to consumers who considered single-use plastic water bottles severely uncool. (Shout out to my early-aughts model from Solar Festival in Hopland, California.) The company had a headstart against mainstream fears over the health harms of drinking out of plastics, such as cancer, infertility and poor brain development. That gained momentum in 2008, when Walmart yanked plastic bottles containing toxic bisphenol-A from its shelves. Klean Kanteen also rode the wellness wave as bring-your-own-bottle hydration became the norm for gym rats and elementary schoolers. In February 2024, the family-owned company allowed a third party to take over a controlling stake. That English investor, Think Better Group, is a mission-focused brand-holding group for sustainable products. It’s part of ABN AMRO SIF of Amsterdam, a $571 million institutional impact fund. Its other holdings include Ecoriginals diapers, Colonna Coffee and Minor Figures beverages. “They’re bringing in some optimization and things like that, but for the most part, we still get to run independently, and it’s business as usual,” Shoop said. The staff of roughly 40 people often sees the co-owner siblings, Michelle Kalberer and Jeff Cresswell, as the first in the building each day. “Their desks are literally out in the open in the middle of our offices,” Shoop said. Pursuing certifications “Everything that we do is around sustainability, trying to drive our footprints down, monitoring and measuring with third-party certifications,” Shoop said. For instance, Klean Kanteen aligns its climate emissions reductions with those of the Science-Based Targets initiative, although it’s not formally pursuing validation. The goals include a 58.8 percent drop in emissions from Scopes 1 and 2 from a 2016 baseline by 2030, and a 30 percent Scope 3 reduction compared with 2019. The company is also Climate Label Certified. By contributing 1 percent of gross sales to the 1% for the Planet program, Klean Kanteen has supported 135 nonprofits over 20 years. It will reach $5 million in giving this year, according to Caroleigh Pierce, who leads the company’s partnership and community engagement efforts. Prizing durability Making long-lasting, durable products that can be repaired and ultimately recycled underpins Klean Kanteen’s materials and design choices. “When at all possible, we try and make our products so they can be repaired,” Shoop said, “or making sure that they could also be disassembled for proper end of use.” A single-wall, non-insulated bottle remains Klean Kanteen’s best seller, especially in Europe. However, insulated bottles are increasingly popular, and an oven- and microwave-safe reusable food box also sells well. The company has spruced up bottle designs with colors and patterns, customizing caps for different beverages, but it hasn’t wildly diversified its product lineup. Strong sales of replacement kits for lids and their silicone gaskets reflect that customers are buying in to Klean Kanteen’s circularity strategy. How-to cleaning and maintenance videos encourage lifetime use. Materials and safety In addition to the circular-economy focus of durability, Klean Kanteen introduced 90 percent recycled steel in all products several years ago. “There are other brands that are starting to dabble a little bit here, a little bit there, but we made a commitment to jump all in,” Shoop said. The company worked with the raw steel manufacturer, not just the sourcing managers. That recycled content, certified by Intertek, includes reclaimed steel from sources such as industrial equipment and even used kitchen appliances and tableware. The steel, a rust-proof alloy of 18 percent chromium and 8 percent nickel, doesn’t leach chemicals or flavor the water it holds, according to the company. In addition, Klean Kanteen introduced a Klean Coat finish several years ago to prevent color chipping and dents. The finish is applied by spraying a powder of electrically charged polyester resins that is then heat-cured. The company uses the GreenScreen for Safer Chemicals standard to ensure the coating is free of lead, BPA and phthalate chemicals. Unlike aluminum bottles, stainless steel bottles have no plastic lining. Instead, an electropolish
Nidec adopts Siemens’ Teamcenter X for electric motor development
Siemens Digital Industries Software announced that Nidec Corporation, a Japanese manufacturer and distributor of electric motors, has adopted Teamcenter X software from the Siemens Xcelerator portfolio of industry software to achieve innovative motor development and supply to set new industry standards, including automotive. Nidec headquarters building (image courtesy of Nidec Corporation). Nidec will implement product lifecycle management (PLM) and quality management system (QMS) capabilities from Siemens’ Teamcenter to optimize its business processes and systems with a focus on traceability and configuration management to bring connectivity across all areas of its business, from development to production. Additionally, Siemens’ Quality Management solutions address advanced product quality planning (APQP), failure modes and effects analysis (FMEA) and control plans to help contribute to the establishment of quality management systems that create deeper connections between Nidec’s Opcenter MES process and ERP system and conform to the requirements for the various QMS certifications. For more information, visit siemens.com. The post Nidec adopts Siemens’ Teamcenter X for electric motor development appeared first on Engineering.com.
Here are the best electric bikes you can buy at every price level in August 2025
I’ve spent countless hours here at Electrek doing detailed hands-on testing of hundreds of electric bikes. Through thousands of miles of riding, I’ve been fortunate to learn these e-bikes inside and out, top to bottom and front to back. That long-term experience with real-world e-bike testing has helped me find the best electric bicycles on the market for just about any budget. Below are some of the top e-bikes I’ve hand-tested for every price range, current as of July 2025. Summer is peaking, making this a great chance to enjoy this riding season with a fun and efficient electric bicycle! So check out the awesome e-bikes below, any one of which could become your next electric bike. more…
Bluetti Elite 200 V2 Test & Review
Last Updated on: 10th July 2025, 01:12 pm We recently received the Bluetti Elite 200 V2 to review, and we put it to the test. We plugged in all kinds of devices, and even half of a home, and the Elite 200 V2 was up to the task! Let’s start with a video of my retired engineer friend testing it out with me, and then I’ll get back to a written summary, including further testing done after this video was produced. As you can see in that video, it took us 30 minutes to charge the battery from 54% to 75%. We then tested out plugging in a bunch of different devices, including a hair dryer, a drill, a fan, and more. We then went one big step further. Russ (my retired engineer friend) has a 4-circuit manual transfer switch installed at his house, able to take 15 amps normally or even up to 20 amps if needed. The transfer switch can transfer 4 circuits from the house to a portable power source — in this case, the Bluetti Elite 200 V2. The 4 circuits he has wired here are for the internet, the refrigerator, the living room, and the master bedroom. In the master bedroom, he has a portable air conditioner (you can currently get something similar from Home Depot for $400), and he turned it on for the test. In the living room, a TV was on. After switching the power over to the Bluetti Elite 200 V2, it handled all of these circuits and the devices plugged into them superbly! We had no issues at all. We left those circuits powered by the Bluetti system and then plugged a bunch of devices into the other power ports again. We finally reached the system max, passed it, and the system kicked off to protect itself — as it should. The system max is 2,600W, but we pushed it up to 3,300W in order to overload it and see what happened. After it shut itself off, we just had to hit the reset button and it was ready to use appropriately again. The Elite 200 V2 is available at $699 (59% off), with an extra 5% off using code: CLEANTECH, exclusively for CleanTechnica readers from July 8–11! Get yours here! On a later date, we conducted more testing of the system, including charging it up with Bluetti portable solar panels. Here are some key notes: Charging from an electricity outlet: The power station was brought down to 0% and charged to 100% in approximately 1 hour and 52 minutes. Charging from two Bluetti solar panel arrays: 12:00 pm — started at 25% charge at start Initial output was 520–550 watts 12:40 pm — reached 40% 1:05 pm — reached 50%, output was at 600 watts Cloud cover dropped solar wattage to 245 watts. (As clouds roll through, the wattage goes up and down — from 125 watts up to 600 watts.) 2:25 pm — reached 80% 3:39 pm — reached 100%. After getting to a full 100% charge, plugged into 6,000 watt portable AC unit, compressor drew 7.2 amps at 119.7 volts, 953 watts. Ran this for 45 minutes and drained the battery down to 61%. At 61% charge, unplugged portable AC unit, plugged in Keurig coffee machine. Had a draw of 11.2 amps, 1,345 watts, and 119.2 volts. Ran two each of small, medium, and large cups at 2 minutes each. Drew the battery down to 56%. Temperature at power station was 110.8 degrees F and unit remained very quiet nonetheless. At 56% charge, plugged in: Wine refrigerator — 0.7 amps, 120.1 volts, 109 watts Air fryer — 12 amps, 119.7 volts, 1482 watts Lamp — 15 watts and almost no amps Left on for 15 minutes and power down to 45%. Unit heated up to 116.2 degrees F but remained very quiet. At 45% charge, plugged in: TV Apple TV box 60W lamp Plugged in iPhone 16 Pro Draw was minimum of 133 watts, .9 amps, and left on for 3 hours, eventually reaching 40% charge. Unplugged all items but left power station on. After 12 hours, unit was down to 34%, meaning there is an internal power draw (minimal) when left on. Below are some pictures from our testing, but I think it’s most useful to watch the video for the full demo. Moe info about the Bluetti Elite 200 V2 can be found on its webpage, of course. Click there for more info, but here are some core highlights: High-Capacity Power: With 2,073.6Wh capacity and 2,600W output, the Elite 200 V2 delivers impressive power to keep devices fully charged all day long! Versatile Applications: Powers up to 9 devices simultaneously — perfect for fueling your essentials during RVing, camping, and road trips. Advanced Battery Management: The AI-BMS (Battery Management System) monitors battery performance in real-time, guaranteeing safe and reliable power whenever it’s needed. TurboBoost Charging: Reaching 80% charge in just 1.1 hours, ensuring sufficient power on hand before heading out. Built for Safety: Feel confident with automotive-grade battery cells and a robust safety system to ensure reliable performance. Extended Warranty: Enjoy a 5-year warranty and dedicated customer support that’s always ready to help. Overall, it’s a great system, it’s easy to use, it’s compact yet powerful, and we don’t have any complaints. So, I think we can offer a full endorsement if this is the energy capacity and power capacity system you’re interested in. The Elite 200 V2 is available at $699 (59% off), with an extra 5% off using code: CLEANTECH, exclusively for CleanTechnica readers from July 8–11! Get yours here! Sign up for CleanTechnica's Weekly Substack for Zach and Scott's in-depth analyses and high level summaries, sign up for our daily newsletter, and follow us on Google News! Advertisement Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here. Sign up for our daily newsletter for 15 new cleantech
Sungrow, SUNOTEC focus on Bulgaria with 2.4GWh BESS supply agreement
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Tesla takes first step in sunsetting Model S and X with drastic move
Tesla has seemingly taken the first step in sunsetting two of its older vehicles, the Model S and Model X, by ending international orders. The flagship sedan and SUV from Tesla are the two oldest cars in the company’s lineup. They account for a very small portion of overall sales, and several years ago, CEO Elon Musk admitted that Tesla only continues to build and sell them due to “sentimental reasons.” Earlier this year, there were calls for Tesla to end the production of the two cars, but Lars Moravy said that the Model S and Model X were due to get some love later in 2025. That happened, but the changes were extremely minor. Tesla launches new Model S and Model X, and the changes are slim Some took this as an indication that Tesla has kind of moved on from the Model S and Model X. A handful of people seemed to think Tesla would overhaul the vehicles substantially, but the changes were extremely minor and included only a few real adjustments. In Europe, customers are unable to even put a new order in on a Model S or Model X. We noticed earlier today that Tesla pressing the ‘Order’ button on either of the flagship vehicles takes you to local inventory, and not the Design Studio where you’d configure your custom build: 🚨 Tesla has removed the Model S and Model X Design Configurators from European customers It will now bring up available inventory for those two vehicles instead of allowing you to build your own config pic.twitter.com/sMnGAr2kuu — TESLARATI (@Teslarati) July 30, 2025 Tesla simply does not make enough Model S or Model X units to justify the expensive logistics process of shipping custom orders overseas. It almost seems as if they’re that they will essentially build a bunch of random configurations, send them overseas every few months, and let them sell before replenishing inventory. Inversely, it could also mean Tesla is truly gearing up to sunset the vehicle altogether. It seems unlikely that the company will fade them out altogether in the next couple of years, but it could absolutely think about ending international orders because volume is so low. Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com Seniors at Gilbert Should Claim These Benefits
Essential Power Backup for Hurricane Season, Summer Camping & More
Last Updated on: 9th July 2025, 10:46 am As hurricane season intensifies and summer camping trips peak, access to reliable backup power becomes more important than ever. Whether you’re bracing for a sudden outage or powering devices off-grid, a portable power station can be an essential companion for both emergencies and recreation. But with so many choices available, how do you select the right one? Portable power stations come in a variety of sizes and capacities, each suited for specific use cases. To help you navigate the options, we’ve categorized them into four key scenarios: Overall Portable Power Station for Multiple Uses For those needing reliable power at home or on the road, an overall portable power station offers the perfect balance of capacity and versatility — ideal for RV trips, overlanding, or backup during home outages. Key Features to Look For: Medium capacity (1,000–2,000Wh), compact design, and compatibility with solar panels for extended use. Recommended Model: Elite 200 V2: Now at a record-low $699 (59% off) on Amazon and Bluetti Store. Get an extra 5% off using our code: CLEANTECH — exclusively for CleanTechnica readers from July 8–11! If you need just one power station that seamlessly handles both home backup and extended outdoor trips, the Elite 200 V2 — sometimes nicknamed the Swiss Army knife of power stations — is it. Designed for long-term versatility, it offers over 17 years of daily use and runs whisper-quiet at just 16dB — so quiet that it won’t disturb your neighbors or nearby travelers when you’re out overlanding. With a robust 2,073.6Wh capacity and 2,600W output, it easily handles everything from MacBooks to iPhones and other essential home appliances. Fast charging capabilities (0–80% in just 50 minutes) ensure you’re never left without power, whether at home, on the go, or during an emergency. The extra built-in TT-30 outlet acts as a portable shore power source for RVs — allowing direct, convenient connection without extra adapters. Summer Camping or Short-Term Backup Power For families enjoying light camping or anyone needing short-term backup power, lightweight models deliver sufficient energy for essential devices — without the extra bulk or hassle. Key Features to Look For: Compact design, sturdy build, and efficient charging optimized for small devices and family essentials. Recommended Model: All-New Elite 100 V2: Special Launch Price $399 (50% Off) on Amazon and Bluetti Store. The latest Elite 100 V2 is the compact power station built for summer camping and tailgates, delivering powerful performance without the bulk. It’s about 30% smaller than its well-regarded predecessor, the AC180 solar generator, and fits neatly under car seats while providing 1,024Wh capacity and 1,800W output across 11 versatile outlets. This portable powerhouse can run essentials like induction cooktops, kettles, and coffee makers, while its 3,600W surge capacity easily handles high-demand appliances such as portable AC units and full-size refrigerators. With up to 1,000W solar input, the Elite 100 V2 recharges rapidly — in as little as 70 minutes — making it perfect for quick outdoor stops or short-term backup power during brief outages. For minimalist travelers planning picnics or weekend outings, the compact AC70 (now $299, 50% off) offers 768 Wh capacity and 1,000W output — enough to power phones, laptops, and drones. For ultra-lightweight power on the go, the AC2A (now $139, 37% off) delivers 204.8Wh in under 8 lb, perfect for short getaways or outdoor activities like fishing and hiking. Emergency Home Backup for Power Outages Key Features to Look For: High capacity (over 2,000Wh), expandable battery options, and support for heavy-duty appliances. Recommended Model: AC300 + B300K Home Battery Backup (now $1,299, 48% off)With a robust 3,000W AC output, it can easily power essential appliances, and its split-phase bonding capability supports 240V output for heavier-duty devices like well pumps and heaters.AC500 + B300K*2 Home Battery Backup (now $2,699, 33% off)Need more power during hurricane seasons? This combo delivers a robust 5,000W output, perfect for handling high-demand startup loads like power tools, air conditioners, and large refrigerators. Clean energy offers more than just environmental benefits — it’s a practical solution for everyday power needs. Now’s a great time to explore, with BLUETTI’s Prime Day sale up to 65% off running through July 11. And for CleanTechnica readers, there’s an exclusive 5% off using code CLEANTECH on both Amazon and BLUETTI’s official store. Whether preparing for emergencies, living off-grid, or gearing up for summer adventures, BLUETTI’s range of portable power stations has you covered. Sign up for CleanTechnica's Weekly Substack for Zach and Scott's in-depth analyses and high level summaries, sign up for our daily newsletter, and follow us on Google News! Advertisement Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here. Sign up for our daily newsletter for 15 new cleantech stories a day. Or sign up for our weekly one on top stories of the week if daily is too frequent. CleanTechnica uses affiliate links. See our policy here. CleanTechnica's Comment Policy
New York launches 1GW large-scale energy storage procurement, incorporating new fire safety requirements
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Elon Musk sets expectations for Tesla’s AI6 deal with Samsung
Tesla’s Robotaxi platform is the primary focus for the automaker currently, and based on what has been outlined by the company as goals for the project, one firm is saying that the company’s valuation should “far exceed even current levels.” The Robotaxi is a self-driving ride-hailing service that Tesla plans to implement in current and future vehicle builds. CEO Elon Musk and other executives have said that “the vast majority of the Tesla fleet that we’ve made is capable of being a Robotaxi,” thanks to its development of Over-the-Air software updates that increase the capability of the vehicle with a simple download. Currently, the Robotaxi platform is only active in a portion of Austin, Texas, but Tesla is expanding to other markets, including California, Nevada, Arizona, and Florida. California will be the next market to open its doors to the Tesla Robotaxi platform. But the name of the game is execution, and that’s what Tesla is aiming for in a timely fashion. If it can come through on all of its current goals, its valuation could explode, and one firm is holding steady on that narrative as Tesla continues to work toward expanding Robotaxi. On Tuesday, RBC Capital analysts bumped their price target on Tesla shares (NASDAQ: TSLA) to $325 from $319, primarily due to the Robotaxi expansion and its success: “Should Tesla be successful on all of its goals, its valuation could far exceed even current levels. The Austin Robotaxi launch has been better than many feared, and the company is looking to expand in more cities.” There are some risks to Tesla’s narrative, but they fall outside the scope of what the company can control. In relation to Robotaxi, regulatory hurdles remain. Some regions may be slower than others to give Tesla the proper licensing to operate in their jurisdiction. This could slow the pace of Robotaxi expansion, bringing some overhang to the story. Additionally, Tesla is fending off narratives of slowing demand, and the White House’s decision to revoke the $7,500 EV tax credit from consumers could temper sales past Q3. Nevertheless, Robotaxi is where Tesla’s true value seems to be focused. Successfully launching a driverless ride-sharing platform is where the company is putting all of its eggs, and revolutionizing passenger travel is where the focus lies. RBC Capital’s note continued: “Regulatory hurdles remain, however. Further, we expect the end of IRA credits and high levels of used EV inventory to pressure the auto business for the next several quarters.” The slight price target bump puts RBC Capital’s expectations near where the stock is trading, as it is currently priced at around $320 at 9:54 a.m. on the East Coast.
Battery Storage System In The Philippines Fast-Tracked
Last Updated on: 29th July 2025, 12:07 pm The push for a cleaner energy future in Asia and the Pacific just got a significant boost. The Asian Development Bank (ADB) and the Global Energy Alliance for People and Planet (GEAPP) have joined forces to launch ENABLE (Enhancing Access to Battery Energy Storage System for Low-carbon Economies). This innovative platform is designed to rapidly accelerate the adoption of battery energy storage systems (BESS) across the region, bringing together vital human and financial resources to make BESS projects a reality. The initiative is backed by a substantial grant, with $500,000 (Php 28.7 million) from the ADB’s Smart Energy Innovation Fund and an additional $250,000 (Php 14.35 million) from GEAPP. This combined funding will be administered by the ADB, setting the stage for a concentrated effort to overcome the hurdles currently slowing BESS deployment. Why Battery Storage Is Critical For Asia The Asia and Pacific region is experiencing an unprecedented surge in renewable energy, with an estimated 430 gigawatts (GW) of new capacity expected between 2023 and 2028. Solar installations alone are projected to account for two-thirds of this growth, largely from utility-scale projects. While this expansion is a triumph for clean energy, it also presents a challenge: how to maintain grid stability and optimize energy use when the sun isn’t shining or the wind isn’t blowing. That’s where battery storage comes in. “ENABLE is designed to tackle the primary obstacles holding back BESS adoption,” explained Cindy Cisneros-Tiangco, ADB’s Director, Emerging Areas, Energy Sector Office. “By offering technical know-how, project development assistance, and creative financing options, we can help countries integrate more renewable energy into their grids. With energy demand soaring in the region, battery storage is a crucial technology for ensuring stable, reliable, and clean power systems.” Kitty Bu, Vice President, Southeast Asia at GEAPP, echoed this sentiment, highlighting the dual nature of rapid renewable growth. “It’s both a remarkable achievement and a significant challenge,” she noted. “Through ENABLE, GEAPP is helping to bridge the critical battery storage gap that could otherwise hinder the region’s clean energy potential.” GEAPP’s unique approach involves using philanthropic capital to mitigate risks, thereby encouraging greater private sector investment. This collaboration with ADB allows them to systematically address market barriers and make BESS an attractive and mainstream investment opportunity across the region. ENABLE To Drive Change ENABLE’s strategy is comprehensive, designed to accelerate the deployment of BESS across the region. This multi-faceted approach begins with technical assistance, offering expert guidance directly to countries and project developers. This ensures that stakeholders have the necessary knowledge and support to navigate the complexities of BESS implementation. Beyond just guidance, ENABLE will also focus on pilot project preparation. This involves actively helping to develop and launch initial BESS projects, turning conceptual plans into tangible demonstrations. These pilot projects are crucial for proving the viability of BESS in various contexts and for building confidence among potential investors and policymakers. Complementing these efforts are comprehensive capacity-building initiatives. These programs are designed to equip key energy sector stakeholders with the essential knowledge and skills required for the successful and sustainable integration of BESS into their energy grids. The platform will address common barriers such as a lack of technical understanding, high upfront costs, concerns about the impact on consumer prices, and limited access to affordable financing. Over an initial three-year period, ENABLE will prioritize Vietnam, Mongolia, and Cambodia, tailoring its approach to each country’s specific stage of BESS development. The long-term vision is to expand ENABLE’s reach to more countries across the region. Initial focus areas include studies for private-led grid-scale BESS integration, developing supportive policy frameworks and procurement guidelines, establishing technical standards, exploring the application of digital tools like artificial intelligence, and creating innovative business models for storage deployment. The Philippines’ Journey Towards Battery Storage In the Philippines, battery energy storage systems are still in their nascent stages. While policies like the inclusion of Integrated Renewable Energy and Energy Storage Systems (IRESS) in national auction programs have been put in place, actual deployment faces significant hurdles. High capital costs, a limited number of commercial-scale pilot projects, and grid readiness remain key constraints. Mylene Capongcol, Assistant Secretary of the Department of Energy, Philippines, emphasized the importance of BESS during the recent Asia Clean Energy Forum (ACEF). “To support this transition, we view BESS as a crucial enabler for managing renewable energy variability and strengthening overall grid stability,” she stated. The Asia Clean Energy Forum, held annually by the ADB, serves as a vital platform for stakeholders to discuss the latest trends, technologies, and policies in clean energy for the Asia and Pacific region. It brings together government officials, industry leaders, academics, and development partners to share knowledge, foster collaboration, and identify solutions for accelerating the clean energy transition. Discussions often revolve around innovative financing mechanisms, technological advancements, and policy reforms needed to scale up renewable energy and energy efficiency initiatives. Assistant Secretary Capongcol’s comments at this forum underscored the Philippines’ commitment to making energy storage a cornerstone of its clean energy strategy. “Cost remains a significant challenge for IRESS projects,” Capongcol acknowledged, “but we remain confident in the long-term value of storage in achieving our energy targets.” She highlighted the country’s existing large-scale pumped hydro facility and a target of 1.1 GW for IRESS deployment through the Green Energy Auction Program, showcasing the Philippines’ dedication to integrating energy storage into its energy mix. By creating “bankable” projects and fostering an environment conducive to private investment, the landmark partnership between ADB and GEAPP through ENABLE aims to establish BESS as a fundamental element of the region’s sustainable energy future. It’s a collaborative effort, bringing together diverse stakeholders and innovative financing to create a replicable model for project development that will not only support a long-term clean energy transition but also generate significant economic benefits across Asia and the Pacific. Sign up for CleanTechnica's Weekly Substack for Zach and Scott's in-depth analyses and high level summaries, sign up for our daily newsletter, and follow us
Portugal to invest €400m in grid upgrades and BESS after blackout
The plan also includes the launch of an auction for large-scale BESS capacity by 2026, as well as €25 million in financial support to improve the resilience of critical infrastructure like hospitals, by equipping them with solar PV and BESS, for example. The blackout was due to three issues, for which the blame can be imparted on the country’s transmission system operator (TSO) Red Eléctrica, not renewable energy, as some have speculated. The grid possessed insufficient voltage control capacity, suffered unusual oscillations in voltage and frequency and experienced the improper disconnection of some power plants, as covered by our colleagues at PV Tech. Portugal has about 13MW of BESS capacity operational today and the goal is to reach 750MW, local reports said. A 5MW/20MWh project was taken into commercial operation by oil, gas and renewables firm Galp in April, deployed by now-in-administration system integrator Powin. Some 500MW of capacity across 43 projects will be supported via a €100 million scheme using EU Recovery and Resilience Plan (RRP) funding, a bloc-wide scheme. Winning projects were announced in January.
Tesla is expanding Semi charging infrastructure once again
Tesla’s Robotaxi platform is the primary focus for the automaker currently, and based on what has been outlined by the company as goals for the project, one firm is saying that the company’s valuation should “far exceed even current levels.” The Robotaxi is a self-driving ride-hailing service that Tesla plans to implement in current and future vehicle builds. CEO Elon Musk and other executives have said that “the vast majority of the Tesla fleet that we’ve made is capable of being a Robotaxi,” thanks to its development of Over-the-Air software updates that increase the capability of the vehicle with a simple download. Currently, the Robotaxi platform is only active in a portion of Austin, Texas, but Tesla is expanding to other markets, including California, Nevada, Arizona, and Florida. California will be the next market to open its doors to the Tesla Robotaxi platform. But the name of the game is execution, and that’s what Tesla is aiming for in a timely fashion. If it can come through on all of its current goals, its valuation could explode, and one firm is holding steady on that narrative as Tesla continues to work toward expanding Robotaxi. On Tuesday, RBC Capital analysts bumped their price target on Tesla shares (NASDAQ: TSLA) to $325 from $319, primarily due to the Robotaxi expansion and its success: “Should Tesla be successful on all of its goals, its valuation could far exceed even current levels. The Austin Robotaxi launch has been better than many feared, and the company is looking to expand in more cities.” There are some risks to Tesla’s narrative, but they fall outside the scope of what the company can control. In relation to Robotaxi, regulatory hurdles remain. Some regions may be slower than others to give Tesla the proper licensing to operate in their jurisdiction. This could slow the pace of Robotaxi expansion, bringing some overhang to the story. Additionally, Tesla is fending off narratives of slowing demand, and the White House’s decision to revoke the $7,500 EV tax credit from consumers could temper sales past Q3. Nevertheless, Robotaxi is where Tesla’s true value seems to be focused. Successfully launching a driverless ride-sharing platform is where the company is putting all of its eggs, and revolutionizing passenger travel is where the focus lies. RBC Capital’s note continued: “Regulatory hurdles remain, however. Further, we expect the end of IRA credits and high levels of used EV inventory to pressure the auto business for the next several quarters.” The slight price target bump puts RBC Capital’s expectations near where the stock is trading, as it is currently priced at around $320 at 9:54 a.m. on the East Coast.
Large Fully Electric Tourist Ship Launched
Last Updated on: 29th July 2025, 01:51 am A large tourist ship that is 100% electric has been launched. In China, of course. The ship is powered by CATL batteries — a lot of them. The energy storage capacity of the batteries is a whopping 3,918 kWh. Those batteries could have been used to power dozens of electric cars, helping to show how much energy ships use. And that provides a range of just about 100 km (62 miles) on a full charge! Nonetheless, it is real, and it is a commercially viable electric ship. It also slashes emissions and nearly eliminates noise from the ship. Here are some more numbers on the big boat: 49 meters long 14.5 meters wide 358 passenger max 20 km/h max speed. This ship is named the Yujian 77 and was co-developed by CATL. Hopefully we will see this option grow rapidly, as we need to cut emissions from maritime industries just like we need to cut them elsewhere. “The Yujian 77 is expected to reduce fuel consumption by nearly 250 tons annually, with carbon dioxide emissions reduced by over 400 tons, equivalent to the carbon sequestration capacity of planting over 20,000 trees, according to CATL,” CnEVPost writes. “CATL is the world’s largest manufacturer of power batteries, with a global market share of 38.1 percent in January-May, according to data from South Korean market research firm SNE Research.” What’s next from CATL? Who knows, but it’s likely to set another milestone or break another record any day now. Sign up for CleanTechnica's Weekly Substack for Zach and Scott's in-depth analyses and high level summaries, sign up for our daily newsletter, and follow us on Google News! Advertisement Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here. Sign up for our daily newsletter for 15 new cleantech stories a day. Or sign up for our weekly one on top stories of the week if daily is too frequent. CleanTechnica uses affiliate links. See our policy here. CleanTechnica's Comment Policy
Tesla is making LFP cells for energy storage in the US this year, opens diner
Tesla is making LFP cells for energy storage in the US this year, opens diner - Energy-Storage.News Skip to content
Elon Musk highlights Tesla Model Y’s most underrated feature
Tesla hinted that a smaller pickup truck could be on the way, but the company did not clarify whether it would be an abbreviated version of the Cybertruck, or a new design altogether. The Cybertruck is unlike any vehicle that has ever come before it. Some other vehicles, like the DeLorean, have had similar shapes, but no manufacturer or pickup brand has ever tried to build such an interesting and unorthodox truck, especially in the quantity Tesla builds them. Only available in North America and the United Arab Emirates (for order as of now, as deliveries are not expected until the end of this year), the Cybertruck has not made its way to areas like Europe or Asia, where Tesla has a sizeable presence. Much of this is due to the sheer size of the pickup, which would not be an ideal vehicle for many of the tight streets and various traffic conditions. Elon Musk hints at smaller Tesla Cybertruck version down the road Tesla already made the Cybertruck smaller before it started manufacturing it and delivering it to customers in October 2023. This was to help it fit inside the Boring Company tunnels, but it also seemed as if it just needed a slight scaling back for general public use. Tesla’s VP of Powertrain, Lars Moravy, spoke on Saturday at the X Takeover about a significant change in the Tesla lineup that has been discussed internally by the company, as questions relating to the Cybertruck’s size and its ability to be useful or practical in other markets continue to be questioned. He was asked, “Do you see a need for a smaller, more globally scalable version to serve broader, more urban or international segments of the pickup market?” He said: “We always talked about making a smaller pickup. I think in the future, as more and more of the Robotaxi comes into the world, we look at those options and we think about, ‘Okay, that kind of service is useful not just for people, but also for goods.” He continued by stating that Tesla has been working in its Design Studio, located in Hawthorne, California, with potential designs: “We’ve definitely been churning in the design studio about what we might do to serve that need, for sure.” The question and answer start at the 22:22 mark of the video below: It sounds as if the question is phrased as, “Will Tesla develop a smaller Cybertruck?” while Lars’s answer only specifies “pickup,” and not necessarily “a smaller Cybertruck.” It also seems that, if Tesla is doing as much work as it sounds like in the Design Studio, perhaps it is mulling a new pickup design altogether. The Cybertruck has been the best-selling electric pickup on many occasions from a quarterly perspective, and it was the best-selling EV pickup in 2024. Tesla has designed smaller pickups in the past, but they’ve never made it to market. An exhibit at the Petersen Automotive Museum in Los Angeles showed internal drawings of pickup concepts that Tesla considered for its lineup.
