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New York City pushes Uber & Lyft fleets to be zero-emissions by 2030
New York City Mayor Eric Adams announced that Uber and Lyft will be required to have a zero-emissions fleet by 2030 during his State of the City speech on Thursday. The plans are expected to affect the estimated 100,000 for-hire vehicles operating within the city.
Mayor Adams noted in his State of the City address that NYC is committed to making the city healthier and more sustainable, and one way to do that is to electrify the vehicles in the Big Apple. Both Uber and Lyft will be expected to support the transition of EVs, as the plan intends to help relieve NYC’s for-hire drivers of some costs. The New York City government’s release regarding the State of the City address includes language that seems to indicate the businesses will be responsible for supporting their employees “with no new costs for individual drivers.”
The Mayor noted that both Uber and Lyft are embracing the shift, as both companies have committed to long-term goals that will see drivers switch to EVs by the end of 2030. Additionally, Adams said that New York City residents should attempt to drive an EV. It plans to support this with plans to establish more EV charging infrastructure throughout all five boroughs.
Uber CEO sets deadline for drivers to move away from gas cars
With ride-hail drivers classified as independent contractors who use their personal vehicles to drive, convincing them to buy or lease a new electric car may not be easy. One solution to that problem is the partnership between Hertz and Uber, allowing Uber drivers to rent EVs at a discounted weekly rate.
-->In January, Hertz expanded that partnership in Europe by making 25,000 EVs available to European Uber drivers. Similar plans could be utilized in the United States with proper funding. The fleets will be regulated through the city’s Taxi and Limousine Commission, according to The Verge.
In a statement to Teslarati, Josh Gold, Uber’s Senior Director, Public Policy & Communications, touched upon important goal with the city:
“We applaud the Mayor’s ambition for reducing emissions, an important goal we share. Uber has been making real progress to become the first zero-emissions mobility platform in North America, and there’s much more to do. We look forward to working with the TLC to achieve zero-emissions in New York City in a way that benefits drivers, riders, and the city.”
Teslarati also reached out to Lyft, but did not immediately receive a response.
Revel, the ridesharing service that launched a fleet of Tesla Model Ys in 2021, has provided drivers with vehicles and a platform to make money and have access to benefits. Revel CEO Frank Reig said that he commends Mayor Adams’ move to push Uber and Lyft to fully sustainable fleets:
-->“As New York City’s first all-electric rideshare service, we know Mayor Adams’ ambitious plan to electrify the for-hire-vehicle industry is both doable and essential. This is what real leadership looks like. Revel will be increasing the amount of fast charging stalls six-fold over the next two years in neighborhoods where drivers live and work, making owning and operating an EV a reality for the industry.”
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Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands.
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.
Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun.
“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website.
-->This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.
Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.
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Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
-->For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
Tesla sees sharp November rebound in China as Model Y demand surges
