

News
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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Elon Musk
Elon Musk’s Neuralink posts massive update with new milestone
This is the first time Neuralink has successfully implanted two patients in a single day.

Elon Musk’s Neuralink has posted a massive update with a new milestone that puts the company’s progress into perspective. Over the past few years, we have seen tremendous strides in Neuralink’s capabilities.
Now, the company has completed a new first, bringing more hope to the future of this revolutionary technology.
Neuralink’s third brain chip patient shares first video edited with BCI
Neuralink revealed in an update on Monday morning that it has officially completed two implants in a single day, with Patients 8 and 9 both receiving devices over the past weekend.
“Both participants are recovering well and in great spirits,” the company said in the short update. It did not disclose which day the surgeries were completed, but it did state explicitly that they both occurred on the same day:
We successfully completed both P8 and P9 this weekend, our first time performing two surgeries in one day. Both participants are recovering well and in great spirits. We are looking forward to supporting them on their Neuralink journey.
— Neuralink (@neuralink) July 21, 2025
Musk said that Neuralink’s capabilities could do “life-changing good for ultimately millions, maybe billions, of people.” Right now, it is being used to help combat life-altering diseases, such as ALS, also known as Lou Gehrig’s Disease, as well as cervical spinal cord injuries.
Eventually, Neuralink could resolve things like anxiety, depression, and blindness, among many other ailments.
Its Link device also received FDA recognition for speech restoration earlier this year, marking a significant bit of progress in the program as it explores ways to cure ailments of various natures.
Elon Musk
Elon Musk gives key update on plans for Tesla Diner outside of LA
More Tesla Supercharger Diners are on the way, Elon Musk says, as long as the initial one is successful.

Elon Musk has given a key update on its plans for the Tesla Supercharger Diner, as the first location in Los Angeles is set to open today, July 21.
The idea for the Supercharger Diner, which resembles a 50s-style eatery with elements of futuristic technology, is seven years in the making. Many wondered whether Tesla would expand its idea for a Supercharger restaurant outside of LA, and now we have an answer directly from Musk.
Elon Musk confirms awesome new features at Tesla Diner Supercharger
The Tesla CEO said that the company will establish these types of experiences “in major cities around the world, as well as at Supercharger sites on long distance routes.”
If our retro-futuristic diner turns out well, which I think it will, @Tesla will establish these in major cities around the world, as well as at Supercharger sites on long distance routes.
An island of good food, good vibes & entertainment, all while Supercharging! https://t.co/zmbv6GfqKf
— Elon Musk (@elonmusk) July 21, 2025
The Supercharger Diner has plenty of ways to draw in customers, and although the food and merchandise sold at the location will not be a major contributor to Tesla’s balance sheet, where investors want to see it, it could pay off in other ways.
The Diner is not exclusive to Tesla owners, so those who drive gas cars can still stop in for a burger, fries, and a shake while roaming around Los Angeles. The features of the Diner, however, do require a Tesla vehicle.
In-car ordering and movie screens syncing to the center touchscreen are two things that Tesla owners will enjoy that other drivers will not. These might be trivial, but the experience on its own could be a way that some consider buying a Tesla.
It might sound crazy that a singular diner experience would flip someone to buy a car, but it’s not the most outlandish thing we’ve ever come across.
The question is where Tesla will plan to build these Supercharger Diners. Musk has already indicated that Starbase, Texas, will be one location, which fits with one of his other companies, SpaceX.
Austin could be an ideal location, but New York, Miami, Washington D.C., Boston, and plenty of other popular metro areas within the U.S. could see their own diners in the coming years.
Investor's Corner
Tesla analyst says this stock concern is overblown while maintaining $400 PT
Tesla reported $2.763 billion in regulatory credit profits last year.

One Tesla analyst is saying that a major stock concern that has been discussed as the Trump administration aims to eliminate many financial crutches for EV and sustainable industries is overblown.
As the White House continues to put an emphasis on natural gas, coal, and other fossil fuels, investors are concerned that high-powered sustainability stocks like Tesla stand to take big hits over the coming years.
However, Piper Sandler analyst Alexander Potter believes it is just the opposite, as a new note to investors released on Monday says that the situation, especially regarding regulatory credits, is “not as bad as you think.”
Tesla stacked emissions credits in 2023, while others posted deficits
There have been many things during the Trump administration so far that have led some investors to consider divesting from Tesla altogether. Many people have shied away due to concerns over demand, as the $7,500 new EV tax credit and $4,000 used EV tax credit will bow out at the end of Q3.
The Trump White House could also do away with emissions credits, which aim to give automakers a threshold of emissions to encourage EV production and cleaner powertrains. Companies that cannot meet this threshold can buy credits from other companies, and Tesla has benefitted from this program immensely over the past few years.
As the Trump administration considers eliminating this program, investors are concerned that it could significantly impact Tesla’s balance sheet. Potter believes the issue is overblown:
“We frequently receive questions about Tesla’s regulatory credits, and for good reason: the company received ~$3.5B in ‘free money’ last year, representing roughly 100% of FY24 free cash flow. So it’s fair to ask: will recent regulatory changes threaten Tesla’s earnings outlook? In short, we think the answer is no, at least not in 2025. We think that while it’s true that the U.S. government is committed to rescinding financial support for the EV and battery industries, Tesla will still book around $3B in credits this year, followed by $2.3B in 2026. This latter figure represents a modest reduction vs. our previous expectation…in our view, there’s no need for drastic estimate revisions. Note that it’s difficult to forecast the financial impact of regulatory credits — even Tesla itself struggles with this — but the attached analysis represents an honest effort.”
Tesla’s regulatory credit profitability by year is:
- 2020: $1.58 billion
- 2021: $1.465 billion
- 2022: $1.776 billion
- 2023: $1.79 billion
- 2024: $2.763 billion
Potter and Piper Sandler maintained an ‘Overweight’ rating on the stock, and kept their $400 price target.
Tesla shares are trading at $329.63 at 11:39 a.m. on the East Coast.
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