News
Tesla Model 3 can be acquired for less than $27,000 in Oregon: estimate
With Tesla’s recent round of price cuts for its entire lineup of premium all-electric vehicles, cars like the Model 3 sedan have become more affordable to mainstream car buyers. At $43,490 before incentives, the Model 3 RWD is a bang-for-the-buck all-electric car with ample range, power, and a suite of impressive active and passive safety features.
But for residents in the US state of Oregon, the Model 3 RWD can be acquired for an even lower price. With the state’s incentives, the base Model 3 could be acquired for as low as $26,990-$28,390. That’s almost Toyota Corolla territory. After all, a well-equipped 2023 Toyota Corolla XSE could hike up the price of the humble Japanese sedan to about $26,500.
Electric vehicle buyers from Oregon are able to stack incentives so that they can pay a lower price for their selected EVs. Among these incentives is the $7,500 federal tax credit as well as an additional $7,500 incentive through the Oregon Department of Environmental Quality’s Oregon Clean Vehicle and Charge Ahead Rebate programs.
Local Oregon residents could also get a rebate of up to $2,500 for the purchase or lease of a new electric car, and low and moderate income residents are offered an additional $5,000 incentive on qualified new or used electric cars, as noted in a report from The Street. Qualified electric cars become eligible for the incentive provided that its price does not exceed $50,000, which the Model 3 RWD meets.
Other local incentives, such as utility rebates, could also be utilized by EV buyers. These incentives could range between $100 and $1,500. With these incentives in mind, the publication calculated the discounted prices of several popular electric vehicles in Oregon. Needless to say, they are very compelling.
The Model 3 RWD, for example, has a purchase price of $43,490. With a Federal Tax Credit of $7,500; the Oregon Clean Vehicle Rebate of $2,500; the Oregon Charge Ahead Rebate of $5,000; and local incentives of $100-$1,500, electric vehicle buyers in the state could acquire a base Tesla Model 3 for just about $26,990-$28,390.
But it’s not just the Model 3. The Ford Mustang Mach-E, which has an MSRP of $45,995, could be acquired for $29,495-$30,895 with Oregon’s incentives. The Chevrolet Bolt EV, which is an affordable electric car to begin with, could see its price drop to as low as $10,000-$11,400 in the state, and the Nissan Leaf, the veteran EV from Japan, could be acquired for as low as $11,540-$12,940. These prices, of course, assume that a car buyer meets the state’s criteria to qualify for the available tax credits and incentives.
More details on Oregon’s EV incentives can be viewed here.
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Elon Musk
Brazil Supreme Court orders Elon Musk and X investigation closed
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
Brazil’s Supreme Federal Court has ordered the closure of an investigation involving Elon Musk and social media platform X. The inquiry had been pending for about two years and examined whether the platform was used to coordinate attacks against members of the judiciary.
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
According to a report from Agencia Brasil, the investigation conducted by the Federal Police did not find evidence that X deliberately attempted to attack the judiciary or circumvent court orders.
Prosecutor-General Paulo Gonet concluded that the irregularities identified during the probe did not indicate fraudulent intent.
Justice Moraes accepted the prosecutor’s recommendation and ruled that the investigation should be closed. Under the ruling, the case will remain closed unless new evidence emerges.
The inquiry stemmed from concerns that content on X may have enabled online attacks against Supreme Court justices or violated rulings requiring the suspension of certain accounts under investigation.
Justice Moraes had previously taken several enforcement actions related to the platform during the broader dispute involving social media regulation in Brazil.
These included ordering a nationwide block of the platform, freezing Starlink accounts, and imposing fines on X totaling about $5.2 million. Authorities also froze financial assets linked to X and SpaceX through Starlink to collect unpaid penalties and seized roughly $3.3 million from the companies’ accounts.
Moraes also imposed daily fines of up to R$5 million, about $920,000, for alleged evasion of the X ban and established penalties of R$50,000 per day for VPN users who attempted to bypass the restriction.
Brazil remains an important market for X, with roughly 17 million users, making it one of the platform’s larger user bases globally.
The country is also a major market for Starlink, SpaceX’s satellite internet service, which has surpassed one million subscribers in Brazil.
Elon Musk
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
Carr made the remarks in a post on social media platform X.
U.S. Federal Communications Commission (FCC) Chairman Brendan Carr criticized Amazon after the company opposed SpaceX’s proposal to launch a large satellite constellation that could function as an orbital data center network.
Carr made the remarks in a post on social media platform X.
Amazon recently urged the FCC to reject SpaceX’s application to deploy a constellation of up to 1 million low Earth orbit satellites that could serve as artificial intelligence data centers in space.
The company described the proposal as a “lofty ambition rather than a real plan,” arguing that SpaceX had not provided sufficient details about how the system would operate.
Carr responded by pointing to Amazon’s own satellite deployment progress.
“Amazon should focus on the fact that it will fall roughly 1,000 satellites short of meeting its upcoming deployment milestone, rather than spending their time and resources filing petitions against companies that are putting thousands of satellites in orbit,” Carr wrote on X.
Amazon has declined to comment on the statement.
Amazon has been working to deploy its Project Kuiper satellite network, which is intended to compete with SpaceX’s Starlink service. The company has invested more than $10 billion in the program and has launched more than 200 satellites since April of last year.
Amazon has also asked the FCC for a 24-month extension, until July 2028, to meet a requirement to deploy roughly 1,600 satellites by July 2026, as noted in a CNBC report.
SpaceX’s Starlink network currently has nearly 10,000 satellites in orbit and serves roughly 10 million customers. The FCC has also authorized SpaceX to deploy 7,500 additional satellites as the company continues expanding its global satellite internet network.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.
Brazil Supreme Court orders Elon Musk and X investigation closed
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
