News
Amazon to help boost oil production amid Climate Pledge, Rivian van orders
Just a few weeks ago, Amazon CEO Jeff Bezos announced that his company would be purchasing 100,000 Rivian electric vans to deliver its packages, as well as provide more eco-friendly packaging. The decisions were made after employees demanded he take the necessary steps to reduce the carbon footprint the e-commerce giant was causing. Bezos complied, alleviating the possible strike that Amazon employees were poised to take part in.
It finally seemed like one of the world’s biggest companies was taking an environmental approach to its business model, but that may not entirely be the case. As revealed by a press release from Weatherford, one of the world’s leading oilfield service companies, Amazon was one of the main contributors to the U.S. Oil and Gas Industry’s “Production 4.0” forum at the Enterprise Software Conference in Houston, Texas. The forum’s theme was simple — it centers on the development of technology that can accelerate and improve oil production.
“Weatherford Production 4.0 products, including ForeSite Edge, ForeSite Platform, CygNet Platform and ForeSite Sense, activate field-wide intelligence to maximize production. Weatherford delivers the future of production performance through next-generation automation, IoT infrastructure and advanced optimization software to boost production, uptime and efficiency,” Manoj Nimbalkar, Weatherford’s Global VP of Production Automation and Software, said.
The irony of Amazon’s decision to join this conference is notable. The company, after all, previously committed to delivering its new, environmentally-conscious packages via electric vehicle just a few short weeks ago, and now is helping the oil industry thrive. The future of gas and oil will not only contribute to the global climate crisis, but it also contributes to the decision to not have large corporations take a more environmentally-aggressive approach to the operations of their businesses. The influence Amazon might have carried with its decision to rely less on fossil fuels to power its vehicles could have convinced other companies to follow in its footsteps.
Bezos gained the respect of many eco-friendly groups when he announced his partnership with Rivian. The CEO invested $700M into the electric automaker in February 2019, making the impression that he and his company would begin gearing up for a future that would not include operating on fossil fuels. But when the company began its “Climate Pledge” in mid-September at the National Press Club, details were vague. Bezos was nevertheless adamant about doing his part to help reach the specifics of the Paris Agreement, and even took an aggressive line by stating that he wanted to accomplish the goals 10 years early. Despite the fact that the US will pull out of the agreement on behalf of President Donald Trump later this year, Amazon, at least at the time, have the impression that it was doing its part to contribute to environmental sustainability.
But unfortunately, the old saying “actions speak louder than words” is all too true here. All while Bezos and Amazon were taking the necessary steps to reduce its carbon footprint and become a company that will help the planet, it appears that they were putting an effort to help advance oil and gas companies just the same. It appears they have taken two steps forward and three steps back with this news. After all, when Bezos was asked at the National Press Club meeting in Washington, D.C. if he would sever ties with oil companies that Amazon supports, he gave a firm “No.”
Ten-thousand Rivian vans boasting the Amazon logo are due to hit the road and begin delivering packages in 2021, and the remaining 90,000 will be ready before 2030. It also intends to utilize Earth-friendly packaging materials, apart of the “Shipment Zero” plan, by the end of 2019. But the announcement of Amazon’s participation seems to somewhat derail, or at least delay, any ideas that the company was interested in becoming a sustainable company. After promising employees that it would begin an effort to become “green”, is Amazon really sincere in its efforts to help the climate after all?
Elon Musk
SpaceX Starship just nailed something it’s never done before
SpaceX’s Starship flew successfully Friday, landing both stages and deploying its first Starlink V3 satellites.
Starship’s thirteenth test flight delivered exactly what SpaceX needed with a clean liftoff, two successful stage recoveries, and the first real payload the vehicle has ever carried to space. Booster 20 and Ship 40 lifted off at 5:51 p.m. CT from Starbase, and by the time the mission wrapped roughly an hour later, both halves of the rocket had done exactly what they were supposed to do.
Booster 20 separated from Ship 40 a few minutes into the flight and stuck a controlled splashdown in the Gulf of Mexico about six minutes after liftoff. That is a meaningful turnaround from Flight 12 in May, when the booster lost several engines during its boostback burn before a hard water landing attempt.
Starship as seen from Starlink satellites pic.twitter.com/e2hvfmnewh
— Elon Musk (@elonmusk) July 25, 2026
Starship 40’s performance was arguably the bigger win. The vehicle deployed the first 20 operational Starlink V3 satellites Starship has ever carried, then flew a suborbital arc to a landing in the Indian Ocean that SpaceX commentator Dan Huot called the company’s softest splashdown yet. “This is a dream scenario for this team that’s trying to get this heat shield data,” Huot said on the live broadcast, according to Space.com’s live coverage. “I’m a little over the moon right now. Wow. Lucky number 13.”
Unlike the mass simulators SpaceX flew on Flight 12, these were production Starlink V3 satellites, meant to extend solar arrays and antennas and attempt to link with the broader constellation before reentering minutes later. Getting real hardware through a full deploy sequence on only the second flight of the V3 generation keeps Starship on schedule for the payload work NASA is counting on for future Artemis lunar landings.
What an awesome launch, really seems like everything went super well and it was all incredibly smooth.
SpaceX is awesome. Very interested to see how the market will respond on Monday pic.twitter.com/KSHmyBfV55
— TESLARATI (@Teslarati) July 25, 2026
— TESLARATI (@Teslarati) July 25, 2026
The flight also arrives at a moment when SpaceX needed a win. SPCX has traded below its $135 IPO price since mid-July, as Teslarati reported when the mission slipped to Friday, and short interest has climbed to roughly a third of the tradable float. A clean flight will not fix a balance sheet, but it does answer the one question SpaceX absolutely needed answered this week: whether the fixes made after the July 16 abort would hold up under real flight conditions. They did, on both stages, on the first try after the redesign.
SpaceX has not set a target date for Flight 14, though the company has said it wants to push toward an orbital attempt on the next mission. After Friday, that goal looks a lot more within reach.
News
Tesla’s Supercharger Diner probably just secured more locations
Tesla’s Supercharger Diner in Los Angeles dominated the company’s global usage rankings after just one year, proving the concept is more than just a one-off novelty location that will fade away.
The performance could incite the company to build more locations, something that CEO Elon Musk has hinted at for some time.
Tesla’s Supercharger Diner delivered 21.2 GWh of energy in its first year of operation, the company’s head of Charging, Max de Zegher, revealed on X. Of the top 10 most utilized Supercharger locations in Tesla’s global infrastructure, the Diner in Los Angeles was the most used by drivers, and it wasn’t particularly close:
Tesla Diner opened exactly 1 year ago. Inspiring that futuristic places like this exist.
It’s our highest usage Supercharger in the world: 21.2 GWh delivered in a year, 1.6k sessions/day.
Top 10 Superchargers by energy delivered: https://t.co/9YvJ8lw696 pic.twitter.com/koB3AUJHws
— Max (@MdeZegher) July 21, 2026
On its launch day one year ago, nobody was too sure what the Tesla Diner would be about. It seemed like an interesting concept, and considering it had been in the works for years, it was a highly anticipated launch that many were looking forward to.
Based on its success, we could see additional Diners with Superchargers built throughout the United States, and potentially beyond. Musk has said on several occasions that the company would be willing to bring the Diner idea to more markets.
Tesla makes major change at Supercharger Diner amid epic demand
Of the markets that Musk has mentioned, both Palo Alto and Austin have come to be perceived as ideal selections. However, there are no concrete plans as of now to build new Supercharger Diners anywhere; the location on Santa Monica Boulevard will remain the exclusive spot to pick up Tesla-inspired eats, at least for the time being.
Investor's Corner
Tesla short sellers win big after shares fall after earnings
Tesla short sellers won big following the company’s massive fall on Wall Street after it reported subpar Earnings on Wednesday.
Tesla short sellers collected about $4.12 billion in single-day profits on Thursday, according to Bloomberg. Shares fell as much as 15 percent during Thursday’s session. It closed as one of the worst days for Tesla on Wall Street in the past three years.
Investors sold off the stock after Tesla said it would aggressively direct its spending toward AI and its Optimus robot project. The company had record revenues, which were driven by one of the strongest quarters in terms of vehicle deliveries in company history.
However, it missed EPS estimates by reporting just $0.33, a far cry from the $0.53 analysts expected.
S3 Partners reported that about 3 percent of Tesla’s outstanding stock is sold short. Managing Director at S3, Ihor Dusaniwsky, provided the short seller’s potential profit, as well as another figure: shorts have likely had paper gains of $8.92 billion this year, as Tesla shares are down 30 percent in 2026.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla has burned short sellers many times in the past, but the company’s latest Earnings Call was a chance for those skeptics to taste some payback. Although the company gave some very transparent information regarding future projects, the rollout of Robotaxi, Optimus, and Semi, many investors took their profits on Thursday.
Notable short sellers like Michael Burry have been transparent about their skepticism around Tesla shares. Burry just revealed three weeks ago that he had opened up a new short on the stock, stating he shorted Tesla shares at $416.22. “Happy it jumped back to this level,” he said in a blog post.
At the time of publication, Tesla shares were down about 3 percent and the stock was trading at $309.92.