Noted carmaker Aston Martin has found itself in a climate lobbying controversy, following the spread of an anti-EV study which peddled the idea that electric cars will have to travel as far as 50,000 miles before matching the carbon footprint of a comparable fossil fuel-powered vehicle. Needless to say, the controversy, which is now being dubbed in EV circles as #Astongate, is crumbling down, and it seems to be dragging Aston Martin’s name with it.
The report, titled “Decarbonising Road Transport: There Is No Silver Bullet,” made the rounds in several key media outlets last week, with agencies such as The Times and the The Daily Telegraph reporting on its alleged findings. The findings of the study promptly drew raised eyebrows from EV authorities online, most especially Auke Hoekstra, Senior Advisor on Electric Mobility at the Eindhoven Technical University, who is known for debunking anti-electric car narratives. It didn’t take long before the study was thoroughly debunked.
But the story only got stranger from there.
Electric vehicle experts and researchers opted to trace the source of the study, and what they found was quite interesting. As it turned out, the study was commissioned by companies including Aston Martin, Bosch, Honda, and McLaren. The study was presented as the work of a firm called Clarendon Communications, and it was commissioned shortly after UK Prime Minister Boris Johnson called for a ban on the sale of new fossil fuel-powered vehicles from 2030.
Interestingly enough, the communications firm behind the report, Clarendon Communications, was registered under the name of Rebecca Stephen, a part-time NHS nurse and the spouse of Aston Martin’s government affairs director, James Stephen. The PR firm was set up only this February, and it is registered to the address of a property jointly owned by the couple.
In an email to The Guardian, Rebecca Stephen stated that the report from Clarendon was “compiled” by the same companies that commissioned the study itself. According to Stephen, Clarendon was contacted by Bosch “to provide public affairs and stakeholder support” so its logo and contact details appear on the back of the report “for this purpose.” Bosch, for its part, noted via a spokeswoman that it fully supports the report. The company also called for “greater transparency” on the carbon footprint of vehicles.
As the “Astongate” controversy emerges, Labour MP Matt Western, who wrote the foreword to the Clarendon Communications report, expressed his disdain that the study was used as part of an anti-EV narrative. According to Western, he agreed to be part of the project to “push this agenda forward, rather than the opposite.” “I am disappointed that the report has since been used to push an anti-electrification line in the media. I was not aware of any link between the PR firm involved and Aston Martin,” he said.
As for Francis Ingham, the director-general of the Public Relations and Communications Association, he noted that PR agencies such as Clarendon must fight misinformation, not spread it. “We have a duty to fight misinformation, not purvey it. PR agencies should be fully transparent about who they represent. Failure to disclose client relationships damages trust in our industry and lends credence to misleading perceptions of PR as a sinister practice,” Ingham said.
Amidst the shift of the auto industry towards electric vehicles, Aston Martin is among those that are being left behind. The company has canceled its RapidE electric vehicle and is currently not promising anything electric until 2026. The company has handed a fifth of its equity to Mercedes-Benz in exchange for access to the German luxury automaker’s hybrid and EV tech.
Elon Musk
SpaceX issues statement on Starship V3 Booster 18 anomaly
The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX has issued an initial statement about Starship Booster 18’s anomaly early Friday. The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX’s initial comment
As per SpaceX in a post on its official account on social media platform X, Booster 18 was undergoing gas system pressure tests when the anomaly happened. Despite the nature of the incident, the company emphasized that no propellant was loaded, no engines were installed, and personnel were kept at a safe distance from the booster, resulting in zero injuries.
“Booster 18 suffered an anomaly during gas system pressure testing that we were conducting in advance of structural proof testing. No propellant was on the vehicle, and engines were not yet installed. The teams need time to investigate before we are confident of the cause. No one was injured as we maintain a safe distance for personnel during this type of testing. The site remains clear and we are working plans to safely reenter the site,” SpaceX wrote in its post on X.
Incident and aftermath
Livestream footage from LabPadre showed Booster 18’s lower half crumpling around the liquid oxygen tank area at approximately 4:04 a.m. CT. Subsequent images posted by on-site observers revealed extensive deformation across the booster’s lower structure. Needless to say, spaceflight observers have noted that Booster 18 would likely be a complete loss due to its anomaly.
Booster 18 had rolled out only a day earlier and was one of the first vehicles in the Starship V3 program. The V3 series incorporates structural reinforcements and reliability upgrades intended to prepare Starship for rapid-reuse testing and eventual tower-catch operations. Elon Musk has been optimistic about Starship V3, previously noting on X that the spacecraft might be able to complete initial missions to Mars.
Investor's Corner
Tesla analyst maintains $500 PT, says FSD drives better than humans now
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers.
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Analysts highlight autonomy progress
During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.
The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report.
Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”
Street targets diverge on TSLA
While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.
Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements.
Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs.
Elon Musk
SpaceX Starship Version 3 booster crumples in early testing
Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
SpaceX’s new Starship first-stage booster, Booster 18, suffered major damage early Friday during its first round of testing in Starbase, Texas, just one day after rolling out of the factory.
Based on videos of the incident, the lower section of the rocket booster appeared to crumple during a pressurization test. Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
Booster test failure
SpaceX began structural and propellant-system verification tests on Booster 18 Thursday night at the Massey’s Test Site, only a few miles from Starbase’s production facilities, as noted in an Ars Technica report. At 4:04 a.m. CT on Friday, a livestream from LabPadre Space captured the booster’s lower half experiencing a sudden destructive event around its liquid oxygen tank section. Post-incident images, shared on X by @StarshipGazer, showed notable deformation in the booster’s lower structure.
Neither SpaceX nor Elon Musk had commented as of Friday morning, but the vehicle’s condition suggests it is likely a complete loss. This is quite unfortunate, as Booster 18 is already part of the Starship V3 program, which includes design fixes and upgrades intended to improve reliability. While SpaceX maintains a rather rapid Starship production line in Starbase, Booster 18 was generally expected to validate the improvements implemented in the V3 program.
Tight deadlines
SpaceX needs Starship boosters and upper stages to begin demonstrating rapid reuse, tower catches, and early operational Starlink missions over the next two years. More critically, NASA’s Artemis program depends on an on-orbit refueling test in the second half of 2026, a requirement for the vehicle’s expected crewed lunar landing around 2028.
While SpaceX is known for diagnosing failures quickly and returning to testing at unmatched speed, losing the newest-generation booster at the very start of its campaign highlights the immense challenge involved in scaling Starship into a reliable, high-cadence launch system. SpaceX, however, is known for getting things done quickly, so it would not be a surprise if the company manages to figure out what happened to Booster 18 in the near future.
SpaceX issues statement on Starship V3 Booster 18 anomaly
Tesla analyst maintains $500 PT, says FSD drives better than humans now
