News
Elon Musk and Warren Buffett Squabble Over Solar In Nevada
Warren Buffett’s Berkshire Hathaway owns NV Energy, the largest utility company in Nevada. NV Energy has recently pressured the Nevada PUC to slash the amount it must pay residential solar customers for electricity from rooftop solar arrays. Elon Musk is not happy.
 
																								
												
												
											Warren Buffett’s company Berkshire Hathaway owns NV Energy, Nevada’s largest electric utility. Part of Tesla Motors’ agreement with the State of Nevada regarding the Gigafactory is a provision that guarantees the factory to receive discounted electricity rates for 8 years. However that discount will result in a $1.50 per year increase to existing NV Energy customers, according to the Las Vegas Sun.
Elon Musk has a major role in SolarCity, the rooftop solar company that specializes in helping residential customers obtain rooftop solar systems for their homes. In Nevada, those homeowners were able to sell any excess electricity back to NV Energy through a process known as net metering. The reimbursement rate was set at 11 cents per kilowatt. That extra money helped fuel a boom in residential rooftop solar with SolarCity leading the way.
But recently, under heavy pressure from NV Energy, the Nevada Public Utilities commission slashed the rate to just 2.6 cents per kilowatt. The rooftop solar companies screamed that the move would eviscerate the residential solar industry in the state. SolarCity shut down its operation in Nevada and laid off hundreds of employees.
Warren Buffett told CNBC on Monday that it is ridiculous for NV Energy to pay rooftop solar customers 11 cents per kilowatt when the company’s base cost of electricity from conventional operations is just 5 cents per kilowatt. He says it is unfair for 1,000,000 customers who don’t have rooftop solar to subsidize the 17,000 or so who do. He says Elon Musk has called and spoken to him about the situation.
“He was unhappy,” Buffett said of Musk. Then he added, “He’s being subsidized with his battery plant big time.” Is that really true? The battery factory Buffett is referring to is the Tesla Gigafactory, which has been designed from the start to be net zero. That means it will generate more electricity every year than it uses. Net zero does not mean it will never draw power from the electrical grid. It means it will put more back into the grid than it uses over the course of a year. There is no information available on how the new rules from the Nevada Public Utilities commission may impact Tesla.
In order to qualify for the subsidies, Tesla must prove it is hiring a certain percentage of Nevada natives to build and operate the Gigafactory. Tesla has agreed to provide money and other resources to expand schools, police, and fire services in the area. It is also acting as a magnet for other industries to move to what was previously an undeveloped desert.
Musk always likes to remind people that the $1.3 billion Tesla is receiving in incentives amount to only a small discount compared to the size of the economic benefits the project is conferring on the area. “It makes sense that if something is the biggest thing on Earth, it’s probably going to have incentives that are big in the absolute, but small in relative terms,” Musk says
Warren Buffett likes to say that Berkshire Hathaway is strongly committed to reducing global carbon emissions. But he, like the Koch Brothers, is heavily invested in fossil fuels. According to ThinkProgress, he wrote in his annual letter to investors recently, “Last year, BHE [Berkshire Hathaway Energy] made major commitments to the future development of renewables in support of the Paris Climate Change Conference.”
That may be true, but last year it also nearly doubled its position in Phillips 66 and boosted its investment in Suncor position by nearly seven million shares to 30 million shares, an investment now worth approximately $1.1 billion. Suncor is the Canadian company that seeks to develop the Alberta tar sands, the dirtiest source of petroleum on the planet.
Buffett may be one of the smartest investors in the history of the planet, but he is no leader on climate change issues the way Musk is. His letter to investors had this paragraph: "As a citizen, you may understandably find climate change keeping you up nights. As a homeowner in a low-lying area, you may wish to consider moving. But when you are thinking only as a shareholder of a major insurer, climate change should not be on your list of worries."
ThinkProgress labels coastal flooding as a potential trillion dollar liability. Berkshire Hathaway is one of the largest companies in flood insurance and therefore has a huge potential risk from rising sea levels.
Photo credit: CNBC
Elon Musk
Elon Musk just dropped a huge detail on the Tesla Roadster
“Whether it’s good or bad, it will be unforgettable. My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars. I think if Peter wants a flying car, he should be able to buy one.”
 
														Elon Musk dropped a huge detail on the Tesla Roadster on his latest appearance on the Joe Rogan Experience podcast.
Tesla has been teasing the Roadster for years. The company has constantly delayed the vehicle, hoping to push its limits past anything that is even imaginable by the human mind.
Earlier this year, the company said it would put on a “most epic demo” for the Roadster, displaying and unveiling all its capabilities, some new, some previously talked about. However, nobody really knows what to expect.
On the JRE Podcast, Musk joined Rogan for an over three-hour conversation about a variety of topics, but Tesla was something that was evidently on the agenda.
One of the parts of the Tesla conversation that is getting a lot of attention is Musk’s new teasing of the Roadster, saying it has “crazy technology” that might not even qualify as an automobile in the classic sense.
Musk confirmed that Tesla is “getting close to demonstrating the prototype,” and said he can guarantee the demo “will be unforgettable.”
He continued:
“Whether it’s good or bad, it will be unforgettable. My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars. I think if Peter wants a flying car, he should be able to buy one.”
Musk went on to say, with a smile, that Joe would have to “wait and see” what Tesla had come up with.
He went on:
“I think it has a shot at being the most memorable product unveil ever. [It will be unveiled] hopefully before the end of the year. You know, we need to make sure that it works. This is some crazy technology in this car. Let’s just put it this way: if you took all the James Bond cars and combined them, it’s crazier than that.”
Tesla has said for years that the Roadster would be able to at least hover, thanks to a SpaceX package that would feature cold gas thrusters that would help the vehicle get in the air.
Musk seemed very confident in his answers and very excited to show off what the Tesla Roadster is capable of. The real question is: how long will it take Tesla to get the car to market after the launch and unveiling? How many units will it manufacture? How much will it cost?
All of those things are details we will have to wait for Tesla to reveal at the Roadster event.
News
Tesla targets gas car owners with this crazy new promotion
Tesla is now offering 2,000 free Supercharging miles to any gas car owner who chooses to trade their car in on a Tesla. The promotion requires a gas or hybrid electric vehicle to be turned in for any of the vehicles in Tesla’s lineup.
 
														Tesla is targeting gas car owners with a crazy new promotion launched on October 31, its latest move to boost sales amidst the loss of the $7,500 electric vehicle tax credit, which went away on September 30.
Tesla is now offering 2,000 free Supercharging miles to any gas car owner who chooses to trade their car in on a Tesla. The promotion requires a gas or hybrid electric vehicle to be turned in for any of the vehicles in Tesla’s lineup.
If you do that, you get 2,000 free miles of Supercharging, which can be utilized at any of the chargers on the Tesla network within the next two years:
🚨 New Tesla Incentive Just Dropped!
Trade in your gas/hybrid vehicle & get
FREE Supercharging ⚡️• Must trade in a gas or hybrid vehicle
• 2,000 miles of Supercharging, valid for 2 yearsWould you trade in your gas car for 2,000 free miles? pic.twitter.com/8uEQySr1py
— DennisCW | wen my L (@DennisCW_) October 31, 2025
Supercharging is rarely a Tesla owner’s primary source of charging, but for some owners, it is critical to their ownership experience.
While many homeowners or apartment dwellers are able to utilize charging infrastructure they either installed themselves or were provided by their property management company, others are totally reliant on the wide variety of charging options that are available today.
🚨🚨 Owning an EV without home charging can be CHEAP with Tesla Superchargers!
Watch til the end to see how much I spent to charge my @Tesla Model Y@TeslaCharging @MdeZegher pic.twitter.com/jRIWkdJvY6
— TESLARATI (@Teslarati) October 31, 2025
Tesla’s Supercharging Network has expanded rapidly over the past few years, mostly in preparation for the company to open it to other EV manufacturers, most of which have adopted the company’s North American Charging Standard (NACS) in the United States.
Its latest quarterly earnings Shareholder Deck revealed a 16 percent increase in stations in Q3 compared to the same timeframe in 2024. Meanwhile, connectors have increased by 18 percent in the same timeframe. There are over 73,800 connectors in the Tesla Supercharger Network globally.
The move could be looked at as a way to incentivize people to switch to electric vehicles, and it is something we have seen Tesla experiment with over the past month.
It has played with leasing terms, and we will likely see more incentive offers, like this Supercharging one or even Full Self-Driving trials for those who choose to make the switch over the next two months.
Tesla routinely offers some tasty deals in Q4 as it aims to round out the year with a strong delivery and production report for investors. Q4 is statistically Tesla’s strongest three-month period in any given year. However, Q3 was Tesla’s strongest performance in terms of vehicle deliveries in company history, as it narrowly missed the elusive 500,000 mark for a quarter.
News
Tesla Cybercab sighting highlights big change since 2024 unveiling
Based on an image recently taken of the vehicle, it appears that Tesla has made the Cybercab’s cabin easier to get in and out of.
 
														A recent sighting of the Tesla Cybercab in the wild has teased a pretty interesting update that has been implemented on the autonomous two-seater.
Based on an image recently taken of the vehicle, it appears that Tesla has made the Cybercab’s cabin easier to get in and out of.
Recent Cybercab sightings
As per recent posts on social media, it appears Tesla has started testing the Cybercab on public roads. Images posted by Tesla community members in Palo Alto showed a Cybercab prototype being driven near the company’s engineering headquarters. Interestingly enough, the vehicle was equipped with a steering wheel.
It’s not just the Cybercab’s steering wheel that caught a lot of attention, however. Based on observations by EV watchers online, it appears that Tesla has also made the Cybercab’s door a bit larger. This should make it easier for passengers to get into and out of the autonomous two-seater. The position of the camera in the B-pillar also appears to have been adjusted slightly. 
All-in on autonomy
While Cybercab prototypes that are seen in the wild today are fitted with a steering wheel, the vehicle will be produced strictly as an autonomous Robotaxi. This was highlighted by Elon Musk during the third-quarter earnings call. Musk also expects about 2 million Cybercabs to be produced every year, making it the company’s highest-volume vehicle.
“The single biggest expansion in production will be the Cybercab, which starts production in Q2 next year. That’s really a vehicle that’s optimized for full autonomy. It, in fact, does not have a steering wheel or pedals and is really an enduring optimization on minimizing cost per mile for fully considered cost per mile of operation,” Musk said during the Q3 2025 earnings call.
- 
																	   Elon Musk2 weeks ago Elon Musk2 weeks agoSpaceX posts Starship booster feat that’s so nutty, it doesn’t even look real 
- 
																	   Elon Musk2 weeks ago Elon Musk2 weeks agoTesla Full Self-Driving gets an offer to be insured for ‘almost free’ 
- 
																	   News2 weeks ago News2 weeks agoElon Musk confirms Tesla FSD V14.2 will see widespread rollout 
- 
																	   News2 weeks ago News2 weeks agoTesla is adding an interesting feature to its centerscreen in a coming update 
- 
																	   Elon Musk2 weeks ago Elon Musk2 weeks agoTesla CEO Elon Musk’s $1 trillion pay package hits first adversity from proxy firm 
- 
																	   News2 weeks ago News2 weeks agoTesla might be doing away with a long-included feature with its vehicles 
- 
																	   News2 weeks ago News2 weeks agoTesla updates fans on its plans for the Roadster 
- 
																	   Elon Musk2 weeks ago Elon Musk2 weeks agoAfter moving Tesla to Texas, Elon Musk is back in the Bay Area with Neuralink expansion 



 
									 
																	 
									 
																	 
									 
																	 
									 
																	 
									 
																	 
									 
																	 
														 
											 
											 
											