News
Singapore minister dismisses Elon Musk and Tesla, states hydrogen is ‘cleaner’ option
Elon Musk might command notable admiration and respect from countries such as China, but it appears that Singapore does not feel the same way about the Tesla CEO. In a recent interview with Bloomberg, Singapore’s minister for environment and water resources Masagos Zulkifli issued a brusque rebuttal to Musk’s statement on May 2018, which involved the CEO stating that the island nation was “unwelcome” to electric cars.
When asked by the news agency about his response to Musk’s previous comments, Zulkifli noted that the CEO wants to produce a “lifestyle,” and that is simply something that Singapore prefers to do. Instead, the island nation is looking for proper solutions to address the climate crisis, such as investing in mass transportation. “What Elon Musk wants to produce is a lifestyle. We are not interested in a lifestyle. We are interested in proper solutions that will address climate problems,” he said.
Musk’s tweets about Singapore came as a response to an electric vehicle enthusiast who inquired when Tesla will make its presence felt in the city-state. In a response on Twitter, Musk explained that Tesla had tried to enter the island nation, but Singapore’s government was “not supportive of electric vehicles.” It should be noted that Singapore is incredibly restrictive to ownerships of single-occupancy vehicles, both electric and those powered by the internal combustion engine.
Instead, the city has invested heavily in mass transit systems, with trains and buses covering much of the island’s 720 square kilometers (280 square miles). Yet, despite this, Zulkifli maintained that Singapore is uniquely positioned to embrace a zero-emissions fleet. “If there’s any country which can convert from petrol cars to 100% EVs, it will be Singapore,” he said.
Interestingly, Zulkifli noted that he believes hydrogen-powered vehicles are a better long-term solution than all-electric cars as a means to decarbonize transportation. As noted in a Bloomberg report, the Singapore minister explained that is due to the carbon footprint of battery-electric vehicles, which come mainly from mining the materials required to produce batteries and the challenges for their disposal.
These concerns might prove unfounded in the long run, especially since companies like Tesla are working to optimize the materials used in its vehicle’s batteries, including an initiative to completely remove cobalt from its battery cells. Companies such as Rivian and Jaguar have also started programs to repurpose vehicle batteries after they are no longer optimal for use, converting them into energy storage devices that can be used for homes and remote areas.
Singapore welcomed its first charging point at a petrol station earlier this month, as per the Royal Dutch Shell Plc, and nine more are expected to open by October. This, if any, is a way to address a recent study which showed that about 52% of Singaporeans are deterred from purchasing an electric car because they believe there are not enough places to charge their vehicles (a valid concern considering that most of the island nation’s population do not have personal garages). “Just choosing a parking spot is already problematic. And now you want to say who gets the charging point. We do not have the solution yet,” Zulkifli said.
News
Ford considers drastic move with F-150 Lightning: ‘The demand is just not there’
Ford is considering a drastic move with its F-150 Lightning, which was the best-selling EV pickup on the market last quarter, beating out Tesla’s Cybertruck.
Ford has had a tumultuous entrance into its more expanded electric vehicle strategy over the past several years. At one point, the company was widely considered to be the most invested legacy automaker in the transition to electrification, but as the company has seen some real backtracking in terms of its sales and demand, it is cooling down its commitment.
At the end of Q3, it seemed to already be considering making some moves to cool off its EV ambitions, especially as the $7,500 EV tax credit was removed and it appeared that consumers would be less attracted to its vehicles without this sizeable discount.
Now, according to a new report from the Wall Street Journal, Ford is considering scrapping the F-150 Lightning altogether, as one employee said “the demand is just not there.”
Despite it being the best-selling EV pickup in the U.S. last quarter, the sales simply do not match up with the pricing, and financially, it is not the time to try to dive further into a project that is not making a profit. Ford has been dwindling in its commitment to EVs over the past several quarters, and its profits are reflecting a slowing interest in its electric vehicles.
Simply put, Ford’s combustion engine lineup of pickups in the F-Series is, by far, the best-selling division of trucks globally. Ford brought an awesome product forth with the Lightning, a mirror of the gas-powered F-Series that had a variety of trim levels for whatever the truck would be used for by the consumer.
However, the demand and sales have caused Ford to take a loss on its electric truck: figures from early last year indicated it was losing between $100,000 and $132,000 per vehicle.
It is not an official announcement, as Ford has not publicly said anything regarding its plans for the Lightning at this time.
Elon Musk
Tesla schedules Roadster unveiling event, and you won’t believe when it is
Tesla has tentatively scheduled its unveiling event for the Roadster’s next-generation iteration, and you will not believe the date the company picked for it.
Tesla CEO Elon Musk said during the 2025 Annual Shareholders Meeting that the company is aiming for an April 1 demo event.
Yes, April Fools’ Day.
🚨 Tesla’s unveiling event for the Roadster Gen 2 is scheduled for April 1, 2026.
Yes, April Fools’ Day. pic.twitter.com/sw09GUYFPV
— TESLARATI (@Teslarati) November 6, 2025
Tesla originally aimed for its “most epic demo” to take place at the end of this year. However, the writing on the wall as 2025 winds down seemed to indicate the company was not quite ready to show off everything it plans to implement into the Roadster.
Its capabilities have been teased quite heavily throughout most of the year, but the biggest hints came last week when Musk appeared on the Joe Rogan Experience Podcast.
He said:
“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…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.”
The Roadster has been somewhat of a letdown, at least in its newest version, thus far. Tesla has routinely delayed the project, putting those who put lofty down payments on the car in a weird limbo, lost at what to do.
One notable pre-orderer cancelled his reservation last week and got in a spat with Musk about it.
Now that there is a definitive date for the Roadster unveiling, Musk and Co. should have a more definitive cutoff date for features and capabilities. Chief Designer Franz von Holzhausen said earlier this year that when they showed Musk what they had done with the Roadster, the CEO encouraged them to do even more with it.
This delayed things further.
Musk also said he believes production would begin between 12 and 18 months after the unveiling, putting it out sometime in 2027.
Elon Musk
Tesla (TSLA) shareholders officially approve Elon Musk’s 2025 performance award
To earn his landmark pay package, Musk would be required to lift Tesla’s market capitalization from about $1.1 trillion today to $8.5 trillion over the next decade.
Tesla (NASDAQ:TSLA) CEO Elon Musk has officially approved his 2025 Performance Award, a landmark pay package that could make him the world’s first trillionaire and make Tesla the most valuable company in the world by a mile.
The 2025 CEO Performance Award was officially approved by Tesla shareholders at the 2025 Annual Shareholder Meeting.
Elon Musk‘s landmark pay package
As per Tesla, more than 75% of the shareholders approved Elon Musk’s 2025 CEO Performance Award. It was then unsurprising that the approval of Elon Musk’s pay plan received overwhelming applause from the event’s attendees.
The CEO took to the stage with much enthusiasm, welcoming every shareholder to the event and dancing briefly on stage. Optimus also danced on stage smoothly, demonstrating its improved movements to much appause.
Elon Musk’s 10-year targets
To earn his 2025 CEO Performance Award, Musk would be required to grow Tesla’s market capitalization from about $1.1 trillion today to $8.5 trillion over the next decade. At that level, Tesla would surpass every major public company in existence. The compensation plan also requires Tesla’s operating profit to grow from $17 billion last year to $400 billion annually.
Apart from leading Tesla to become the world’s biggest company in history, Musk is also required to hit several product targets for the electric vehicle maker. These include the delivery of 20 million Tesla vehicles cumulatively, 10 million active FSD subscriptions, 1 million Tesla bots delivered, and 1 million Robotaxis in operation.
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