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Volvo DD25 Electric compactor gets to work in Yolo County, California

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Yolo County, California depends on its climate for continued agricultural success. As such, the county’s leaders are taking environmental stewardship seriously by aiming for full carbon neutrality by 2030. To help achieve that goal, they’re putting zero-emission machinery like the Volvo DD25 Electric compactor to work. We got our first chance to sample the DD25 Electric at Volvo Days last summer , where the all-electric tandem roller’s vibrating drums impressed dealers and end users alike. It was no surprise, then, that when Yolo Country fleet superintendent, Ben Lee, when shopping for a compactor the DD25 Electric was high on his list. “The DD25 Electric will help us achieve our goals in several ways,” explains Lee. “By reducing emissions, lowering noise levels, being more energy-efficient, improving working conditions and promoting environmentally friendly practices … we’ll use it to compact soil, gravel and other base materials for road and foundation projects, as well as rollin...

Tesla Full Self-Driving and forecasted delivery growth makes way for new price target

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By Joey Klender Posted on January 10, 2025 Tesla’s ( NASDAQ: TSLA ) Full Self-Driving suite and forecasted deliveries for the year have made way for Deutsche Bank analysts to push the company’s price target up $50, while maintaining a Buy rating on shares. On Friday, analysts at the firm cited both Full Self-Driving improvements and projections for deliveries thanks to new models as reasons for the price target boost. As it sits, Deutsche Bank has a price target of $420 per share due to these developments, up from $370. Analysts said: “Tesla’s valuation is now clearly embedding a higher degree of success for robotaxi based on our multi-modal framework.” In the note, they cited FSD v13 showing “significant improvements” and the potential of Robotaxi service being launched in Texas and California by the end of the year as two major points of emphasis on this side of their argument. Watch Tesla’s FSD v13.2 navigate away from park in a tricky situation ...

Europe’s wind power hits 20%, but 3 challenges stall progress

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Image: WindEurope Wind energy powered 20% of all electricity consumed in Europe (19% in the EU) in 2024, and the EU has set a goal to grow this share to 34% by 2030 and more than 50% by 2050. To stay on track, the EU needs to install 30 GW of new wind farms annually, but it only managed 13 GW in 2024 – 11.4 GW onshore and 1.4 GW offshore. This is what’s holding the EU back from achieving its wind growth goals. Three big problems holding Europe’s wind power back Europe’s wind power growth is stalling for three key reasons: Permitting delays. Many governments haven’t implemented the EU’s new permitting rules, making it harder for projects to move forward. Grid connection bottlenecks. Over 500 GW(!) of potential wind capacity is stuck in grid connection queues. Slow electrification. Europe’s economy isn’t electrifying fast enough to drive demand for more renewable energy. Brussels-based trade association WindEurope CEO Giles Dickson summed it up: “The EU must urgently tackle...

Tesla appeals decision against CEO Elon Musk’s $56bn pay package

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By Joey Klender Posted on January 8, 2025 Tesla has officially appealed the decision against paying CEO Elon Musk the $56 billion pay package that shareholders approved on two separate occasions. Delaware Chancery Court Judge Kathaleen McCormick denied Musk the right to obtain the massive pay twice, with the most recent decision coming in December. Musk was initially granted the pay package in 2018 by shareholders, who agreed that he could obtain the substantial sum after achieving several lofty growth metrics the company had set for itself. Last year, McCormick officially denied Musk the opportunity to collect after a small-time shareholder took Tesla to court over the pay package, and won. In an effort to rectify the compensation, Tesla shareholders voted overwhelmingly in support of Musk getting paid. McCormick decided in December 2024 that she would uphold her ruling. Tesla CEO Elon Musk denied $56bn pay package once again by Delaware judge Tesla...

Tesla board members officially settle excessive compensation case for nearly $1 billion

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A judge has officially approved a settlement in a case brought by Tesla shareholders against board members who will now have to return stock, cash, and give up on stock options worth a total of nearly $1 billion. Let me start this article with a quote from Tesla CEO Elon Musk: Tesla will never settle a case where we’re in the right, and never contest a case where we’re in the wrong. Today, Chancellor Kathaleen McCormick approved a settlement agreement between Tesla and all its board members from 2017 to 2020 and the Police and Fire Retirement System of the City of Detroit on behalf of Tesla shareholders over what the shareholders believed to be excessive compensation. The agreement was first reported in July 2023 , but it is only now being officially approved and we learn a few more details. Shareholders believed that members of Tesla’s board were compensating themselves excessively with hundreds of millions of dollars between 2017 and 2020 when the average compensation of a b...

SpaceX delays Starship’s 7th launch—Here’s when it should take off

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By Zachary Visconti Posted on January 7, 2025 Elon Musk has confirmed SpaceX’s plans to delay its next Starship test launch, after it was initially aiming to perform the reusable ship’s sixth liftoff this week. During a livestream on X on Tuesday, Musk said that Starship’s seventh launch would be delayed “three or four days,” noting that it would now be set for “probably sometime next week.” The update comes after SpaceX was originally aiming to launch Starship for its seventh flight on Friday, after the company launched the craft a sixth time in November , and as the company aims to significantly increase launches this year. SpaceX has been holding a backup window for the launch running through January 16, so we could see it rescheduled for anytime between Monday and Thursday next week. READ MORE ON SPACEX: SpaceX discusses $1.6B Starlink deal with Italian government Crucially, the seventh launch is also set to be the first time SpaceX has attempted ...

Why is Jeep’s new Recon electric SUV sneaking around GM headquarters? [Image]

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It looks like GM is preparing for a new rival electric SUV to arrive in the US. Jeep’s upcoming Recon EV was just caught outside GM’s Detroit headquarters. What’s going on? Jeep Recon EV spotted outside GM headquarters Although the first all-electric Jeep, the Wagoneer S, will be at US dealerships any day, the brand’s second EV is generating even more excitement. Jeep’s upcoming Recon EV is “inspired by the legendary Wrangler.” In its tradition, the electric SUV will have options like removable doors and windows for that open-air feel. Former Jeep CEO Christian Meunier claimed it can even cross the Rubicon trail, reaching the end of it with “enough range to drive to town and recharge.” Leading up to its debut, we’ve seen Recon prototypes out in public testing several times. The closer it gets to production, the more it looks like a Ford Bronco. Most recently, Jeep’s new Recon EV was caught outside of GM headquarters in Detroit. The spotting by Kindelauto suggests GM could be b...