Connect with us

News

eBike incentives are back on the table in the U.S.

Published

on

A bill has been reintroduced in the House of Representatives to incentivize the purchase of an ebike in the United States.

Many view electric vehicles as the primary solution to helping ordinary people limit their day-to-day carbon emissions, but others believe more drastic action may be necessary. To help even further cut down on carbon emissions for many Americans, some propose ebikes as a valid alternative. To further this cause, a bill has been proposed in the U.S. Congress to incentivize their sale.

According to David Zipper, who initially reported the new bill’s appearance on Twitter, the upcoming bill is a reintroduction of a previous bill that was defeated just two years ago.

As noted by Zipper’s lengthy Twitter thread, the EBIKE Act, introduced by Representatives Jimmy Panetta (D, CA), Earl Blumenauer (D, OR), Mike Thompson (D, CA), and Adam Schiff (D, CA), shares much with its killed predecessor, but with some fundamental changes. The bill has been introduced alongside a companion bill in the Senate, proposed by Senator Brian Schatz (D, HI).

The EBIKE Act, which stands for the Electric Bicycle Incentive Kickstart for the Environment Act, would provide Americans up to $1,500 or 30% of the purchase price of an ebike of their choosing (whichever is less). This includes not only traditional ebikes but also e-cargo bikes and etrikes, up to the max purchase price of $8,000.

Advertisement

While this structure is similar to its predecessor, the new EBIKE Act raises the maximum income limit to $150,000 for individuals or $300,000 for joint filers. Further, the incentive would be made available through retailers, making it easier for buyers to receive the discount. Lastly, an ebike would only qualify for incentives if it passed a thorough safety qualification, primarily aimed at its battery system.

While this would be the first ebike incentive from the federal government, it certainly wouldn’t be the first in the United States. Numerous states and cities have already implemented ebike incentives of their own.

As David Zipper noted, this bill has more than double the number of representatives backing it, which could aid its efforts as it heads to the House floor. However, it is far from a slam dunk. Unlike the previous bill, the EBIKE Act is entering a divided Congress. Furthermore, many notable concerns from both Democrats and Republicans have not been addressed in the new iteration of the Act.

Unlike incentives available in Cities and States, this bill would primarily help those living in urban areas who can use their area’s more prevalent bike infrastructure. Further, with the bill’s aim to limit carbon emissions, a traditional bicycle still beats an ebike in this regard, making some question why this segment is not included in the incentive pool as well. Nonetheless, before this bill can get anywhere near a vote, it may need significant tweaking and will still have to battle for a slot in a hostile, divided legislature.

What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!

Advertisement

Will is an auto enthusiast, a gear head, and an EV enthusiast above all. From racing, to industry data, to the most advanced EV tech on earth, he now covers it at Teslarati.

Advertisement
Comments

Investor's Corner

Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue

Published

on

Credit: Tesla

Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.

The earnings results come after Tesla reported a massive beat on vehicle deliveries for the second quarter, delivering 489,126 vehicles and building 451,758 cars during the three-month span.

This was a major shock for those on Wall Street as they anticipated somewhere around 400,000 deliveries for the quarter, and showed Tesla still has plenty of demand for its vehicles around the world and in the U.S. despite losing the $7,500 EV Tax Credit last year.

Tesla Q2 2026 Earnings Results

  • Non-GAAP EPS – $0.33 reported vs. $0.53 expected
  • Revenues – $28.236 billion reported vs. $26.4 billion expected
  • Free Cash Flow- -$1.092B
  • Profit -$ 4.751B

Tesla (beat/missed) analyst expectations, so the market response to the company’s quarter is what we will look for next.

Tesla shares closed today down just over 1 percent, trading at $374.01.

In the past, it has been anyone’s guess with what Tesla shares will do after they report earnings. Strong quarters have resulted in sharp drops, while lackluster quarters have seen the stock shoot up considerably.

Advertisement

Tesla will hold its Q2 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.

You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.

Advertisement
Continue Reading

Elon Musk

Tesla is about to make parking in busy lots less stressful than ever

Published

on

Tesla FSD 14.3 [Credit: TESLARATI)
Tesla FSD 14.3 [Credit: TESLARATI)

Tesla is about to make parking in busy parking lots at businesses and other points of interest less stressful than ever by allowing drivers more control over where they park and how, CEO Elon Musk confirmed on X.

Tesla has been working to improve the parking performance of vehicles utilizing the Full Self-Driving suite, but now it is looking to add more customization, allowing drivers to choose the specific space they park in, but also potentially the orientation the car pulls into the spot:

Musk has reiterated on X twice over the past several weeks that Tesla is working to make things with the FSD suite based more on the driver’s specific preferences and behaviors that were seen in past drives.

Advertisement

Essentially, it sounds like if you tend to park away from a business to avoid other vehicles, Tesla FSD will soon recognize that preference of yours and start parking further away as well. Additionally, the prospect of assigned parking spaces has been something many owners have voiced concerns about.

Living in a community with assigned parking spaces makes using FSD incredibly difficult as it will rarely park in the correct spot when there are so many to choose from. This is also pertinent in work settings where there are sometimes assigned parking spaces.

The updates to Tesla’s Full Self-Driving suite in terms of listening to driver preferences with parking are also extending to routing. Tesla announced yesterday that with the release of its 2026 Summer Update, it was adding Automatic Navigation and Preferred Routes:

Tesla reveals 2026 Summer Update with crazy fixes to Nav and more

Tesla has always maintained the idea that any human input is bad input, and that, ideally, Tesla Full Self-Driving will always make the right decision. Of course, this is all in theory, but the issue is that so many of Tesla’s interventions have come because it does something that is not necessarily wrong, but perhaps not what the driver would prefer.

Advertisement

Taking these preferences into account will help Tesla alleviate some of the potentially unnecessary interventions that drivers perform.

Continue Reading

News

Tesla starts preparing for Optimus in its smartphone app

Published

on

Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.

Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:

A Dedicated “Robot” Phone Key Authentication

Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.

Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont

Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.

Advertisement

This is a great security feature that will eliminate at least face-value and low-level threats.

Home Data Collection and System Alerts

This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.

There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.

Other Changes

Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.

You can check out our coverage on what is included with the 2026 Summer Update here:

Advertisement

Tesla reveals 2026 Summer Update with crazy fixes to Nav and more

Continue Reading