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Venezuela’s Maduro names Elon Musk an “arch-enemy”
Elon Musk has found himself on the crosshairs of Venezuela President Nicolás Maduro, who recently dubbed the Tesla CEO as an “arch-enemy” of the country. Musk responded to the politician’s comments with a joke.
Venezuela recently held its presidential election, and on Sunday, Maduro was declared the winner with about 51% of the vote by the National Electoral Council. The main opposition candidate, Edmundo González, was reported to have secured 44%. Elvis Amoroso, head of the National Electoral Council, noted that these results were based on 80% of Venezuela’s voting stations, as noted in a FOX News report.
Maduro’s win has received a lot of criticism, with opposition leader Maria Corina Machado arguing that González actually won the election with an “overwhelming” margin of victory. Opposition representatives are currently demanding that a review of the election results, as well as an independent investigation, be initiated about the presidential election.
The people of Venezuela want change! https://t.co/YmGF8D5wAQ— Elon Musk (@elonmusk) July 30, 2024
Skeptics, including Secretary of State Antony Blinken, expressed serious concerns about Maduro’s claims of victory. Elon Musk shared similar sentiments on X, interacting with posts about the events transpiring in Venezuela. Musk made his stance evident, openly criticizing Maduro and supporting the opposition, as well as protesters who are opposing the president’s supposed win. Musk’s posts have been received positively by some users in Venezuela.
Mensaje público a Elon Musk propietario de X Corp. solicitándole cierre automáticamente las cuentas de los narcochavistas, que utilizan esta red para desvirtuar la verdad en esta lucha por la democracia y la paz en Venezuela. Mil gracias y bendiciones por su apoyo a nuestro país. pic.twitter.com/DFqWBkbvcU— Padre José Palmar (@PadreJosePalmar) July 30, 2024
Musk’s comments did not seem to escape Maduro’s attention. In a video that has since been widely shared on social media, the Venezuela president could be seen practically declaring war on Elon Musk. Interestingly enough, Maduro also suggested that the Tesla CEO was looking to invade Venezuela with his space rockets.
“Social media creates a virtual reality, and who controls the virtual reality? Our new arch-enemy, the famous Elon Musk. You want a fight? I’m ready. I’m not afraid of you. Elon Musk wants to invade Venezuela with space rockets. Musk represents fascist ideology,” Maduro said.
Does he have space lasers? Because I do.— Elon Musk (@elonmusk) July 29, 2024
The Venezuelan president’s comments caught the attention of users on social media platform X, and it did not take long before users asked Musk in jest if he was indeed looking to invade Venezuela with rockets. Musk responded to the Venezuelan president’s concerns with a joke, stating “Does he have space lasers? Because I do.” Musk, of course, was likely referring to Starlink satellites, which have no military capability.
Comunicado de la Oficina del Secretario General sobre el Proceso Electoral en Venezuela e Informe de la Secretaría para el Fortalecimiento de la Democracia/Departamento de Cooperación y Observación Electoralhttps://t.co/MkcxBe2hKe
Lee el informe completo aquí:… pic.twitter.com/BW4UMa4Xlb— Luis Almagro (@Almagro_OEA2015) July 30, 2024
The Organization of American States (OAS) has expressed its disapproval of the events in Venezuela, noting in a press release that “Throughout this electoral process, the Venezuelan regime has applied its repressive scheme, complemented by actions aimed at completely distorting the electoral result, making that result available to the most aberrant manipulation.”
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Rivian and Amazon announce huge milestone with EDV
The companies announced today that they had officially launched the EDV in Canada for Amazon, as the first 50 units are out and about in Vancouver, and the company said it was “marking an exciting milestone in our five-year history of operations in Canada.”
 
														Rivian and Amazon have announced a huge milestone with their Electric Delivery Vehicle (EDV), the van that the two companies developed for the e-commerce giant to sustainably deliver packages to customers.
The EDV was first unveiled back in September 2019, when Amazon announced a massive investment in Rivian and placed an order for 100,000 electric vans, aiming to deploy them by 2030 as part of the company’s sustainability goals.
Production started in 2021 in Normal, Illinois, and entered Amazon’s fleet of active delivery vehicles over the Summer of 2022. Amazon kept the initial vehicles in major metropolitan areas and eventually started rolling them out to more delivery hubs across the United States.
In December 2024, the companies announced they had successfully deployed 20,000 EDVs across the U.S. In the first half of this year, 10,000 additional vans were delivered, and Amazon’s fleet had grown to 30,000 EDVs by mid-2025.
Amazon’s fleet of EDVs continues to grow rapidly and has expanded to over 100 cities in the United States. However, it has just reached a new milestone, and it has nothing to do with the size of its fleet.
The companies announced today that they had officially launched the EDV in Canada for Amazon, as the first 50 units are out and about in Vancouver, and the company said it was “marking an exciting milestone in our five-year history of operations in Canada.”
The first Rivian Electric Delivery Vans have arrived in Canada as @amazon announced that 50 vans are hitting the road to serve the Vancouver area – marking an exciting milestone in our five-year history of operations in Canada. 🍁 https://t.co/rc6GvSRX2v pic.twitter.com/0jAQ3ABkYt
— Rivian (@Rivian) October 30, 2025
The EDV is a model that is exclusive to Amazon, but Rivian sells the RCV, or Rivian Commercial Van, openly. It detailed some of the pricing and trim options back in January when it confirmed it had secured orders from various companies, including AT&T.
The RCV starts at $83,000, and is one of the few electric vans on the market that is suitable for package delivery in a commercial setting because of its build and interior features.
Rivian prepares to launch the EDV outside of Amazon as the RCV – Here’s when
However, it also seems to be a great option as a service vehicle for companies, which is likely why AT&T is going to utilize it.
News
Tesla’s biggest rival in China reported a big profit decline once again
 
														Tesla’s biggest rival in China reported a big decline in its profitability for the second straight quarter, and a loss of one-third compared to the same quarter last year.
BYD overtook Tesla as the best-selling EV maker in China in the fourth quarter of 2023, finally surpassing the company in terms of sales in the region.
Is Tesla really losing to BYD, or just playing a different game?
The Chinese market is one of the most competitive in the world, especially for EVs, as the industry is healthy with young and scrappy companies looking to sell the best possible tech in their vehicles.
BYD reported its earnings on Thursday and said that its profit had slumped by 33 percent compared to the same quarter last year. For this year’s third quarter, BYD reported a net profit of 7.8 billion yuan ($1.1 billion), a 32.6 percent decrease compared to the same period in 2024.
Its revenue was 195 billion yuan ($27.4 billion), which was only a 3 percent decrease compared to Q3 2024.
The drop in profits and revenue can mostly be attributed to the ongoing growth of competition in the Chinese market. The increased competition in China has pushed companies to turn to overseas markets in response, according to CnEVPost.
BYD is one of those companies, and it is attempting to push sales upward by entering new markets, especially in Europe, where the company sold more than 13,000 units in EU countries in September alone.
This was a 272 percent increase year over year, a major piece of evidence that it has a lot of potential in foreign markets.
The drop in financial figures is likely a short-term issue for BYD, as it has already established itself as a formidable competitor to many companies in many markets. In Q1, it reported an increase in profit by 100 percent compared to the same time span the year prior.
As it works to expand to even more markets in the world, it will continue to build upon its already-solid reputation.
News
GM takes latest step to avoid disaster as EV efforts get derailed
There was an even larger step taken this morning, as the Detroit Free Press reported that GM was idling its Factory Zero plant in Michigan until late November, placing about 1,200 workers on indefinite layoff status.
 
														General Motors has taken its latest step to avoid financial disaster as its electric vehicle efforts have been widely derailed.
GM’s electric vehicle manufacturing efforts started off hot, and CEO Mary Barra seemed to have a real hold on how the industry and consumers were starting to evolve toward sustainable powertrains. Even former President Joe Biden commended her as being a major force in the global transition to EVs.
However, the company’s plans have not gone as they’ve drawn them up. GM has reported some underwhelming delivery figures in recent quarters, and with the loss of the $7,500 tax credit, the company is planning for what is likely a substantial setback in its entire EV division.
Earlier this month, the company reported it would include a $1.6 billion charge in its quarterly earnings results from EV investments. It was the first true sign that things with GM’s EV projects were going to slow down.
There was an even larger step taken this morning, as the Detroit Free Press reported that GM was idling its Factory Zero plant in Michigan until late November, placing about 1,200 workers on indefinite layoff status.
This is in addition to the 280 employees it has already laid off after production cuts that happened earlier this year at the Detroit-Hamtramck plant.
After November 24, GM will bring back 3,200 people to work until January 5 to operate both shifts. On January 5, GM is expected to keep 1,200 workers on indefinite layoff.
GM is not the only legacy automaker to make a move like this, as Ford has also started to make a move that reflects a cautious tone regarding how far and how committed it can be to its EV efforts.
After the tax credit was lost, it seemed to be a game of who would be able to float their efforts longest without the government’s help. Tesla CEO Elon Musk long said that the loss of these subsidies would help the company and hurt its competitors, and so far, that is what we are seeing.
Elon Musk was right all along about Tesla’s rivals and EV subsidies
However, Tesla still has some things to figure out, including how its delivery numbers will be without the tax credit. Its best quarter came in Q3 as the credit was expiring, but Tesla did roll out some more affordable models after the turn of the quarter.
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