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Tesla (TSLA) and SpaceX merger would be Musk’s 4th billion-dollar self-deal

Elon Musk the king of self-dealing

Elon Musk is reportedly floating the idea of merging Tesla (TSLA) and SpaceX, just weeks before SpaceX’s massive IPO on the Nasdaq. If it happens, this would literally be the fourth time Musk has orchestrated a billion-dollar transaction between companies he controls.

No one in corporate America is doing this at the scale Musk is. Between SolarCity, Twitter/X, and xAI, Musk has built a playbook for self-dealing that is unprecedented — and now he’s gearing up for the biggest one yet.

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Tesla ‘Robotaxi’ fleet is actually shrinking, not growing, new data shows

Tesla-Robotaxi-hero

Less than a month after we reported that Tesla’s unsupervised “Robotaxi” fleet was finally showing some signs of growth, new data from the Robotaxi Tracker tells a different story. The fleet is actually shrinking.

The number of active unsupervised Tesla “Robotaxis” has dropped to just 20 vehicles — down from the 25 cumulative vehicles we reported in late April — and the total active fleet across all Tesla ride-hailing operations has collapsed to just 34 vehicles.

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Bluetti’s 128Wh Elite 10 Mini power station at $113 low, Segway E3 Pro e-scooter $550, Anker SOLIX EverFrost 2 coolers from $650, more

Memorial Day may have passed, but the seasonal and holiday savings aren’t slowing down, with a fresh batch of Green Deals for you today, as well as our updated all-in-one Memorial Day Green Deals hub that we will maintain for a few more days. Leading today’s edition is the 128Wh Bluetti Elite 10 Mini Portable Power Station at its $113 low, followed by Segway’s E3 Pro Electric Scooter down at $550. We also have Anker’s 40L and 58L SOLIX EverFrost 2 Portable Cordless Electric Coolers and bundles starting from $650, the popular Greenworks Pro 3,000 PSI Electric Pressure Washer for $370, and more. And don’t forget about our hangover Green Deals collected together at the bottom of the page, like yesterday’s exclusive (and ongoing) Bluetti Memorial Day Sale lineup with plenty of lows, the EcoFlow 48-hour flash sale on 716Wh to 12.2kWh power stations that ends tonight, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

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Ferrari (RACE) stock plunges 6% on Luce EV backlash — don’t panic!

Ferrari Luce crashes stock price -mach-e moment

Ferrari (RACE) shares dropped 6.27% in Milan trading on Tuesday, falling to €290.55 and wiping out roughly £3 billion in market cap a day after Maranello unveiled the Luce, its first all-electric car.

The reaction online was overwhelmingly negative — the design got compared to a Honda Accord, an Apple Store minivan, and a luxury toaster. Investors clearly took the temperature of the internet and ran. But we’ve seen this exact movie before — when Ford put the Mustang badge on an electric SUV.

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Ferrari Luce first look: going where combustion can’t follow

Ferrari Luce electric car hero

Ferrari unveiled the Luce today in Rome, completing a three-act reveal that started with specs last October and continued with the Jony Ive-designed interior in February. The Italian automaker flew me to Rome for the launch, and I got about 30 minutes to explore the vehicle up close, though I couldn’t drive it.

What I found was a car that challenges just about every assumption of what a Ferrari should look like, who should sit in it, and how it should sound, while being unmistakably, stubbornly Ferrari in the ways that matter most: emotions.

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Bluetti exclusive Memorial Day power station lows from $237, EcoFlow 48-hour flash sale on 716Wh to 12.2kWh power stations, more

It’s Memorial Day, and as such, we have a larger number of Green Deals that you can shop from today through the rest of the week, with some new additions down below, as well as those and all the other Green Deals from past weeks collected into our one-stop-shopping hub here. Among the new additions, we have Bluetti’s official Memorial Day Sale lineup, with plenty of exclusive yearly lows, thanks to our bonus savings codes – all starting from $237. There’s also EcoFlow’s 48-hour Memorial Day flash sale that is part of the ongoing RV Season Sale, with four power station units of 716Wh to 12.2kWh capacities starting from $349, as well as Jetson’s compact Bolt Pro e-bike at a new $350 low, the Autel MaxiCharger AC Lite Home 40A Level 2 EV Charger at its $319 low, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

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These Dutch students are bringing a world champion solar car to the 2026 Electrek American Solar Challenge

Delft Solar Team Electrek American Solar Challenge

This July, the 2026 Electrek Formula Sun Grand Prix (FSGP) and American Solar Challenge (ASC) head north to Minnesota, and one of the 46 registered teams is making the trip for the very first time. The Delft Solar Team is flying in from the Netherlands, and they aren’t exactly showing up empty-handed.

I caught up with Rosa Van Wijngaarden, who runs PR for the team, to talk about who they are, what they’re driving, and what it’s like to prep for a race on a continent the team has never set wheels on.

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What is a bike bus and why are parents loving them so much?

For years, the school drop-off line has been one of the defining rituals of suburban life: a long queue of idling SUVs inching toward the curb while stressed parents try to make it to work on time and kids stare at their phones in the back seat.

But in a growing number of communities around the world, another option is starting to catch on: the bike bus.

And parents are absolutely loving it.

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Musk abandoned his own ‘solar electric economy’ to burn gas for an AI chatbot no one uses

Elon Musk spent years telling the world that solar power was the obvious answer to Earth’s energy needs — that a small patch of desert could power the entire United States. Now, he’s burning millions of tons of fossil fuels to run an AI chatbot that has lost 60% of its downloads, selling the unused compute to a company he called “misanthropic and evil” three months ago, and pitching space-based solar panels right as SpaceX files for a $2 trillion IPO.

The contradictions are stacking up faster than xAI’s unpermitted gas turbines.

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