JB Straubel’s Redwood launches energy business focused on second-life EV batteries

Redwood Materials, the battery recycling firm founded by Tesla co-founder JB Straubel, has launched a new venture called Redwood Energy. The business aims to repurpose used electric vehicle batteries into large-scale, low-cost energy storage systems. In a post on X, Redwood revealed that it has already deployed a 12 MW, 63 MWh microgrid powered entirely … Read more

Tesla gets $475 price target from Benchmark amid initial Robotaxi rollout

Venture capital firm Benchmark recently reiterated its “Buy” rating and raised its price target on Tesla stock (NASDAQ: TSLA) from $350 to $475 per share, citing the company’s initial Robotaxi service deployment as a sign of future growth potential. Benchmark analyst Mickey Legg praised the Robotaxi service pilot’s “controlled and safety-first approach,” adding that it … Read more

Tesla still has two major milestones on track before end of Q2

Tesla still has two major milestones it is on track to complete before the end of the second quarter, according to statements made by the automaker earlier this year. With the launch of the Robotaxi platform in Austin on Sunday, Tesla has already completed perhaps its biggest milestone of 2025. However, these are not the … Read more

xAI Colossus pollution concerns in Memphis continue

Politicians in Memphis continue to debate about the pollution concerns arising from the xAI Colossus supercomputer. The NAACP and the Southern Environmental Law Center (SELC) have already expressed interest in filing a lawsuit against xAI over concerns related to air pollution stemming from its gas-powered turbines. Environmental groups have now raised concerns about water pollutants. … Read more

Tesla’s Omead Afshar, known as Elon Musk’s right-hand man, leaves company: reports

Tesla’s Omead Afshar, who is widely known as CEO Elon Musk’s right-hand man, has reportedly left the company. Several outlets are reporting that Afshar either left voluntarily or was potentially terminated on Thursday. His LinkedIn profile has not been updated to reflect this, and still states he presently works at Tesla in the “Office of … Read more