News
ONE Technologies teams with BMW to achieve iX EV with 600 miles of range
ONE Technologies, a battery manufacturing startup out of Novi, Michigan, has announced that they will be working with BMW to test their new “dual chemistry” battery and have the goal of achieving 600 miles of range on a single charge with the company’s iX electric vehicle.
Earlier this year, ONE became a when they were able to achieve a 752-mile drive in a Tesla Model S with their battery chemistry swapped in. The test proved to be beneficial and informative as the vehicle even traveled at an average speed of 55 MPH. Since then, they have garnered interest from multiple venture capital groups, but more notably, from BMW. In its most recent announcement, the company stated that it would be working with a BMW iX in order to test its prototype Gemini “dual chemistry” battery. After initial testing is done by ONE, more testing will be continued by BMW, which may allow for the creation of a more long-term relationship with the brand.
According to their website, ONE plans on releasing a more normal LFP battery, the Aries. However, the testing that has been done on the Model S and soon to be done on the iX has been with their Gemini battery that features “dual chemistry.”
The Gemini chemistry is slightly different than the Aries. ONE’s Gemini battery tech reduces lithium use by one-fifth while reducing graphite use by three-fifths while utilizing less nickel and cobalt. By using this type of chemistry, ONE is creating more sustainable energy storage technology that can significantly reduce environmental impacts, it said.
CEO Mujeeb Ijaz said, “We are thrilled to be working with BMW to demonstrate our Gemini long-range battery technology to consumers. As EV adoption grows, drivers are learning that real-world conditions can significantly reduce the performance of their batteries. Common situations like maintaining highway speeds, winter temperatures, climbing mountains, towing, or a combination of all four things present challenges to electric vehicles. We plan to pack twice as much energy into batteries, so EVs can easily handle long-distance driving in real-world conditions.”
Electric vehicle batteries are affected by weather conditions, which has been a primary focus of many automakers to resolve, especially in colder climates. Tesla and Rivian have adopted heat pump strategies to combat range loss in cold weather climates, but even still, the issues are magnified in extreme conditions.
In an interview with Car and Driver, the Ijaz described the Gemini battery as having 2 sections, each with its own chemistry. The first zone, which will propel the vehicle for the vast majority of the time uses LFP chemistry, while the second section uses a proprietary blend of lithium, manganese, and oxygen “while minimizing the use of nickel, cobalt, and eliminating graphite.”
ONE believes it can double the energy density of current batteries while remaining safer, more sustainable, and conflict-free compared to their competition, which is plentiful in the region. Looking at Europe, companies like Northvolt and Rimac are attempting to achieve similar results in making more sustainable batteries, and neither of them lack interest from big manufacturers like Porsche, VW, and Volvo. Even looking at smaller groups like Solid Power in Colorado working on solid-state technology, they have no trouble gathering interest from the likes of Ford, GM, Stellantis, and many others.
Nonetheless, the battery startup space is proving to be a crowded one, and ONE will have to do more than amazing vehicle testing if they hope to get their batteries on the road.
Check out ONE’s video of the Model S traveling 752 miles below.
https://youtu.be/fWj2YCdoc9A
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Elon Musk
Delaware Supreme Court reinstates Elon Musk’s 2018 Tesla CEO pay package
The unanimous decision criticized the prior total rescission as “improper and inequitable,” arguing that it left Musk uncompensated for six years of transformative leadership at Tesla.
The Delaware Supreme Court has overturned a lower court ruling, reinstating Elon Musk’s 2018 compensation package originally valued at $56 billion but now worth approximately $139 billion due to Tesla’s soaring stock price.
The unanimous decision criticized the prior total rescission as “improper and inequitable,” arguing that it left Musk uncompensated for six years of transformative leadership at Tesla. Musk quickly celebrated the outcome on X, stating that he felt “vindicated.” He also shared his gratitude to TSLA shareholders.
Delaware Supreme Court makes a decision
In a 49-page ruling Friday, the Delaware Supreme Court reversed Chancellor Kathaleen McCormick’s 2024 decision that voided the 2018 package over alleged board conflicts and inadequate shareholder disclosures. The high court acknowledged varying views on liability but agreed rescission was excessive, stating it “leaves Musk uncompensated for his time and efforts over a period of six years.”
The 2018 plan granted Musk options on about 304 million shares upon hitting aggressive milestones, all of which were achieved ahead of time. Shareholders overwhelmingly approved it initially in 2018 and ratified it once again in 2024 after the Delaware lower court struck it down. The case against Musk’s 2018 pay package was filed by plaintiff Richard Tornetta, who held just nine shares when the compensation plan was approved.
A hard-fought victory
As noted in a Reuters report, Tesla’s win avoids a potential $26 billion earnings hit from replacing the award at current prices. Tesla, now Texas-incorporated, had hedged with interim plans, including a November 2025 shareholder-approved package potentially worth $878 billion tied to Robotaxi and Optimus goals and other extremely aggressive operational milestones.
The saga surrounding Elon Musk’s 2018 pay package ultimately damaged Delaware’s corporate appeal, prompting a number of high-profile firms, such as Dropbox, Roblox, Trade Desk, and Coinbase, to follow Tesla’s exodus out of the state. What added more fuel to the issue was the fact that Tornetta’s legal team, following the lower court’s 2024 decision, demanded a fee request of more than $5.1 billion worth of TSLA stock, which was equal to an hourly rate of over $200,000.
Delaware Supreme Court Elon Musk 2018 Pay Package by Simon Alvarez
News
Tesla Cybercab tests are going on overdrive with production-ready units
Tesla is ramping its real-world tests of the Cybercab, with multiple sightings of the vehicle being reported across social media this week.
Tesla is ramping its real-world tests of the Cybercab, with multiple sightings of the autonomous two-seater being reported across social media this week. Based on videos of the vehicle that have been shared online, it appears that Cybercab tests are underway across multiple states.
Recent Cybercab sightings
Reports of Cybercab tests have ramped this week, with a vehicle that looked like a production-ready prototype being spotted at Apple’s Visitor Center in California. The vehicle in this sighting was interesting as it was equipped with a steering wheel. The vehicle also featured some changes to the design of its brake lights.
The Cybercab was also filmed testing at the Fremont factory’s test track, which also seemed to involve a vehicle that looked production-ready. This also seemed to be the case for a Cybercab that was spotted in Austin, Texas, which happened to be undergoing real-world tests. Overall, these sightings suggest that Cybercab testing is fully underway, and the vehicle is really moving towards production.
Production design all but finalized?
Recently, a near-production-ready Cybercab was showcased at Tesla’s Santana Row showroom in San Jose. The vehicle was equipped with frameless windows, dual windshield wipers, powered butterfly door struts, an extended front splitter, an updated lightbar, new wheel covers, and a license plate bracket. Interior updates include redesigned dash/door panels, refined seats with center cupholders, updated carpet, and what appeared to be improved legroom.
There seems to be a pretty good chance that the Cybercab’s design has been all but finalized, at least considering Elon Musk’s comments at the 2025 Annual Shareholder Meeting. During the event, Musk confirmed that the vehicle will enter production around April 2026, and its production targets will be quite ambitious.
News
Tesla gets a win in Sweden as union withdraws potentially “illegal” blockade
As per recent reports, the Vision union’s planned anti-Tesla action might have been illegal.
Swedish union Vision has withdrawn its sympathy blockade against Tesla’s planned service center and showroom in Kalmar. As per recent reports, the Vision union’s planned anti-Tesla action might have been illegal.
Vision’s decision to pull the blockade
Vision announced the blockade in early December, stating that it was targeting the administrative handling of Tesla’s facility permits in Kalmar municipality. The sympathy measure was expected to start Monday, but was formally withdrawn via documents sent to the Mediation Institute and Kalmar Municipality last week.
As noted in a Daggers Arbete report, plans for the strike were ultimately pulled after employer group SKR highlighted potential illegality under the Public Employment Act. Vision stressed its continued backing for the Swedish labor model, though Deputy negotiation manager Oskar Pettersson explained that the Vision union and IF Metall made the decision to cancel the planned strike together.
“We will not continue to challenge the regulations,” Petterson said. “The objection was of a technical nature. We made the assessment together with IF Metall that we were not in a position to challenge the legal assessment of whether we could take this particular action against Tesla. Therefore, we chose to revoke the notice itself.”
The SKR’s warning
Petterson also stated that SKR’s technical objection to the Vision union’s planned anti-Tesla strike framed the protest as an unauthorized act. “It was a legal assessment of the situation. Both for us and for IF Metall, it is important to be clear that we stand for the Swedish model. But we should not continue to challenge the regulations and risk getting judgments that lead nowhere in the application of the regulations,” he said.
Vision ultimately canceled its planned blockade against Tesla on December 9. With Vision’s withdrawal, few obstacles remain for Tesla’s long-planned Kalmar site. A foreign electrical firm completed work this fall, and Tesla’s Careers page currently lists a full-time service manager position based there, signaling an imminent opening.
Delaware Supreme Court reinstates Elon Musk’s 2018 Tesla CEO pay package
Tesla Cybercab tests are going on overdrive with production-ready units
