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 weighs Nasdaq listing as company explores early index entry: report
The company is reportedly seeking early inclusion in the Nasdaq-100 index.
Elon Musk’s SpaceX is reportedly leaning toward listing its shares on the Nasdaq for a potential initial public offering (IPO) that could become the largest in history.
As per a recent report, the company is reportedly seeking early inclusion in the Nasdaq-100 index. The update was reported by Reuters, citing people familiar with the matter.
According to the publication, SpaceX is considering Nasdaq as the venue for its eventual IPO, though the New York Stock Exchange is also competing for the listing. Neither exchange has reportedly been informed of a final decision.
Reuters has previously reported that SpaceX could pursue an IPO as early as June, though the company’s plans could still change.
One of the publication’s sources also suggested that SpaceX is targeting a valuation of about $1.75 trillion for its IPO. At that level, the company would rank among the largest publicly traded firms in the United States by market capitalization.
Nasdaq has proposed a rule change that could accelerate the inclusion of newly listed megacap companies into the Nasdaq-100 index.
Under the proposed “Fast Entry” rule, a newly listed company could qualify for the index in less than a month if its market capitalization ranks among the top 40 companies already included in the Nasdaq-100.
If SpaceX is successful in achieving its target valuation of $1.75 trillion, it would become the sixth-largest company by market value in the United States, at least based on recent share prices.
Newly listed companies typically have to wait up to a year before becoming eligible for major indexes such as the Nasdaq-100 or S&P 500.
Inclusion in a major index can significantly broaden a company’s shareholder base because many institutional investors purchase shares through index-tracking funds.
According to Reuters, Nasdaq’s proposed fast-track rule is partly intended to attract highly valued private companies such as SpaceX, OpenAI, and Anthropic to list on the exchange.
Elon Musk
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
The new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The Boring Company announced that its Prufrock-2 tunnel boring machine (TBM) has completed another Vegas Loop tunnel in Las Vegas. The company shared the update in a post on social media platform X.
According to The Boring Company’s post, the new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The new tunnel marks the fourth tunnel constructed near Westgate Las Vegas as the Vegas Loop network continues expanding across the city.
The Boring Company also noted that the new tunnel surpassed its previous internal record of 2.26 miles for a single Vegas Loop segment.
Construction of the tunnel involved moving roughly 68,000 cubic yards of dirt. The excavation process also used about 4.8 miles of continuous conveyor belt, powered by six motors totaling 825 horsepower.
The Boring Company’s Prufrock-series all-electric tunnel boring machines are designed to support the rapid expansion of company’s underground transportation projects, including the growing Vegas Loop network. Prufrock machines are designed for reusability, thanks in no small part to their capability to be deployed and retrieved easily through their “porposing” feature.
The Vegas Loop, specifically the Las Vegas Convention Center (LVCC) Loop segment, has already been used during major events. Most recently, the LVCC Loop supported the 2026 CONEXPO-CON/AGG construction trade show, which was held from March 3-7, 2026.
As per The Boring Company, the LVCC Loop transported roughly 82,000 passengers across the convention center campus during the event’s duration.
CONEXPO-CON/AGG is one of the largest construction trade shows in North America, drawing more than 140,000 construction professionals from 128 countries this year.
The LVCC Loop forms the initial segment of the broader Vegas Loop network, which remains under active development as The Boring Company continues building new tunnels throughout the city.
News
Tesla gathers Cybercab fleet in Gigafactory Texas
Images and video of the Cybercab fleet were shared by longtime Giga Texas observer Joe Tegtmeyer in posts on social media platform X.
Tesla appears to be assembling a growing number of Cybercabs at Gigafactory Texas as preparations continue for the vehicle’s mass production. Recent footage shared online has shown over 30 Cybercabs being transported by trucks or staged near testing areas at the facility.
The images and video were shared by longtime Giga Texas observer and drone operator Joe Tegtmeyer in posts on social media platform X.
Interestingly enough, Tegtmeyer noted that many of the Cybercabs being loaded onto transport trucks were still equipped with steering wheels. This suggests that the vehicles are likely testing units rather than the final driverless configuration expected for the company’s Robotaxi service.
The vehicles could potentially be headed to testing sites across the United States as Tesla prepares to expand its Robotaxi fleet.
Additional footage captured at Gigafactory Texas also showed the Cybercab’s side and rear camera washer system operating as vehicles were being loaded onto transport trucks.
The growing number of Cybercabs at Giga Texas comes amidst the company’s announcement that the first production Cybercab has been produced at the facility. Full Cybercab production is expected to begin in April.
The vehicle is expected to play a central role in Tesla’s Robotaxi ambitions as the company looks to expand autonomous ride-hailing operations beyond its early deployments using Model Y vehicles.
Tesla has also linked Cybercab production to its proposed Unboxed manufacturing process, which assembles large vehicle modules separately before integrating them. The approach is intended to reduce production costs and accelerate output.
Musk has also noted that the Cybercab’s ramp will likely begin slowly due to the number of new components and manufacturing steps involved. However, he stated that once the process matures, Cybercab production could scale quickly.
SpaceX weighs Nasdaq listing as company explores early index entry: report
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
