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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
News
Tesla reportedly testing Apple CarPlay integration: report
Citing insiders reportedly familiar with the matter, Bloomberg News claimed that CarPlay is being trialed by the EV maker internally.
Tesla is reportedly testing Apple’s CarPlay software for its vehicles, marking a major shift after years of resisting the tech giant’s ecosystem.
Citing insiders reportedly familiar with the matter, Bloomberg News claimed that CarPlay is being trialed by the EV maker internally. The move could help Tesla gain more market share, as surveys have shown many buyers consider CarPlay as an essential feature when choosing a car.
Not the usual CarPlay experience
Bloomberg claimed that Tesla’s tests involve a rather unique way to integrate CarPlay. Instead of replacing the vehicle’s entire infotainment display, Tesla’s integration will reportedly feature a CarPlay window on the infotainment system. This limited approach will ensure that Tesla’s own software, such as Full Self-Driving’s visuals, remains dominant.
The feature is expected to support wireless connectivity as well, bringing Tesla in line with other luxury automakers that already offer CarPlay. While plans remain fluid and may change before public release, the publication’s sources claimed that the rollout could happen within months.
A change of heart
Tesla has been reluctant to grant Apple access to its in-car systems, partly due to Elon Musk’s past criticism of the tech giant’s App Store policies and its poaching of Tesla engineers during the failed Apple Car project. Tesla’s in-house software is also deemed by numerous owners as a superior option to CarPlay, thanks to its sleek design and rich feature set.
With Apple’s retreat from building cars and Elon Musk’s relationship with Apple for X and Grok, however, the CEO’s stance on the tech giant seems to be improving. Overall, Tesla’s potential CarPlay integration would likely be appreciated by owners, as a McKinsey & Co. survey last year found that roughly one-third of buyers considered the lack of such systems a deal-breaker.
News
China considering EV acceleration limits to curb high-speed accidents
If approved, the regulation would be a national standard.
Recent reports have emerged stating that China is considering new national standards that would restrict how fast electric vehicles can accelerate upon each startup. The potential regulation is reportedly being considered amidst a rise in EV-related crashes.
The draft for the proposed regulation was released by the Ministry of Public Security on November 10. If approved, the regulation would be a national standard.
New regulation targets default performance limits
Under the proposal, all passenger vehicles would start in a state where acceleration from 0–100 km/h (0-60 mph) would take no less than five seconds. This rule would apply to both pure EVs and plug-in hybrids, and it is aimed at preventing unintended acceleration caused by driver inexperience or surprise torque delivery.
The public has until January 10, 2026, to submit feedback before the rule is finalized, as noted in a CNEV Post report.
Authorities have stated that the change reflects growing safety concerns amidst the arrival of more powerful electric cars. The new regulation would make it mandatory for drivers to deliberately engage performance modes, ensuring they are aware and ready for their vehicles’ increased power output before accelerating.
A rise in accidents
China’s EV sector has seen an explosion of high-powered models, some capable of 0–100 km/h acceleration in under two seconds. These speeds were once reserved for supercars, but some electric cars such as the Xiaomi SU7 Ultra offer such performance at an affordable cost.
However, authorities have observed that this performance has led to an uptick in accidents. I recent years, incidents of crashes involving lack of control in vehicles with rapid acceleration have risen, as per an explanatory note accompanying the draft.
Part of this is due to drivers seemingly being unprepared for the power of their own vehicles. For context, driving schools in China typically use cars that accelerate to 100 km/h in more than 5 seconds. This level of acceleration is also typical in combustion-powered cars.
@teslarati 🚨🚨 Tesla Full Self-Driving and Yap is the best driving experience #tesla #fsd #yapping ♬ I Run – HAVEN.
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Tesla Superchargers crowned best EV charging network in the UK for 2025
The Tesla Supercharger network was voted Best Large EV Charging Network for the second consecutive year.
Tesla has once again claimed the top spot in the UK’s most anticipated EV charging satisfaction survey. As per Zapmap’s 2025 driver satisfaction rankings, the Tesla Supercharger network was voted Best Large EV Charging Network for the second consecutive year.
The annual survey, based on thousands of EV driver responses, measures reliability, ease of use, and payment experience across the UK’s public charging landscape.
Tesla tops the survey’s “Large” category
Zapmap’s 2025 rankings, which were drawn from nearly 4,000 battery electric vehicle (BEV) drivers, reflect how quickly public charging is evolving across the UK. For the survey’s “Large” network class, which includes systems with over 500 devices, Tesla once again stood out for reliability and cost efficiency.
The automaker now offers 1,115 open Supercharger devices at 97 public sites, roughly 54% of its total UK network. That’s a 40% increase in public availability compared to September 2024. A particularly appreciated aspect of the Supercharger network is its cost, which continues to be “significantly lower prices than most rapid/ultra-rapid networks, with drivers also appreciating its reliability,” Zapmap noted.
Tesla Regional Manager’s comments
Ollie Dodd, Senior Regional Manager for Northern Europe Charging at Tesla, shared his appreciation for the Supercharger network’s award.
“We’re thrilled to win Zapmap’s Best EV Charging Network for the second year in a row. Being recognized by the drivers themselves shows that our customer-centric and data-driven approach to building sites is well-received. We look forward to showcasing more customer-centric features in 2026 as we expand the network further and look towards new initiatives in roaming and payment methods,” he said.
Conducted during September and October 2025, Zapmap’s eighth annual survey found that reliability and payment flexibility remain top priorities among EV drivers, two things that the Supercharger network particularly excels in. Fortunately for UK EV owners, the Supercharger network is also aggressively growing.
@teslarati 🚨🚨 Tesla Full Self-Driving and Yap is the best driving experience #tesla #fsd #yapping ♬ I Run – HAVEN.
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