

News
European Investment Bank set to vote on a major fossil fuel lending policy
The European Investment Bank (EIB), the world’s largest international public lending institution, will meet on October 15 to determine whether or not they should continue to fund oil and gas companies with billions of dollars. A potential cut in funding would mean a huge victory for eco-friendly groups, as it would bring an end to direct financial support from the EIB to the main contributors to the climate crisis: oil and gas companies.
European countries and citizens have made it clear that they understand the severity and urgency of climate-based issues, with eight countries in the EU already proposing bills and laws that would begin the phase-out of petrol-powered vehicles. The sale of these cars influences a negative environmental response in a direct manner, as emissions from internal combustion engines hurt the overall quality of the environment. As protests and marches that bring to light the issues of climate change have become more popular and frequent, citizens are doing their part as human beings to increase awareness of the ever-growing issues that fossil fuels provide to the Earth.
In Europe, EIB holds the key to beginning a new era of eco-friendly investing. Bill McKibben, an author, and Schumann Distinguished Scholar in environmental studies at Middlebury College, Vermont, stated that on October 15, the EIB will meet to discuss whether they will continue to fund projects that assist in the growth of the fossil-fuel industry. This meeting could be Europe’s next big step in the war against fossil-fuels.
In 2018, the bank supplied companies in the gas and oil sector with €2.4 billion for projects. If the EIB decides to begin pulling funding from petroleum-based projects, it could pave the way for eco-friendly options to receive financial backing. The EIB’s staff has proposed an end to providing gas and oil companies with funding, a project that would go into effect in 2020. However, resistance is expected to be encountered by governments who still believe in the use of fossil fuels: Germany and Italy to name a couple.
Climate activists know that the first steps in beginning the phase-out period for the use of pollution-inducing petroleum projects is to cut funding. Without money, projects cannot flourish. A key factor in fighting the fossil-fuel sector is to stop funding projects that do not help our environment. With ocean levels rising and global temperatures reaching all-time highs, the time to act is now.
In the U.S., the climate movement is alive and well, but the issue is navigating the government away from projects that involve gas and oil companies. With the country’s current political climate, there seems to be little hope that climate activists will be able to make any significant changes before the 2020 election. But that doesn’t mean that companies and organizations are not making efforts to initiate a “greener” future. In September 2019, the University of California scrapped an $80 billion endowment for stocks that would support fossil fuels.
Whether looking at the world from a transportation or energy stance, it is clear that the future is electric. Oil and gas are becoming less and less convenient, especially for 800,000 homeowners in California’s Bay Area after Pacific Gas and Electric (PG&E) shut off power in an attempt to reduce the possibility of forest fires at the beginning of the windy Autumn season. Tesla CEO Elon Musk made every attempt to help alleviate some of the inconveniences for those who are still without power by offering a discount on the installation of solar and battery systems for residences. In addition, Musk announced that Tesla owners would be able to charge their vehicles with the help of Tesla Powerpacks that will be installed to Supercharger stations within the affected region.
The next few years will be a crucial time for the Earth, as scientists have suggested that a significant amount of effort is needed to fight the global climate crisis. The United Nations’ leading climate scientists have warned that we have 12 years to begin fighting climate issues seriously, or there could be major consequences. Generations to come will have an unlimited amount of issues to fight, such as water and food shortages if action is not taken soon. But the question that remains is this: Can we afford to test this theory? Scientists could be wrong in the estimations, but can humans take the chance?
Investor's Corner
Tesla Board member and Airbnb co-founder loads up on TSLA ahead of robotaxi launch
Tesla CEO Elon Musk gave a nod of appreciation for the Tesla Board member’s purchase.

Tesla Board member and Airbnb Co-Founder Joe Gebbia has loaded up on TSLA stock (NASDAQ:TSLA). The Board member’s purchase comes just over a month before Tesla is expected to launch an initial robotaxi service in Austin, Texas.
Tesla CEO Elon Musk gave a nod of appreciation for the Tesla Board member in a post on social media.
The TSLA Purchase
As could be seen in a Form 4 submitted to the United States Securities and Exchange Commission (SEC) on Monday, Gebbia purchased about $1.02 million worth of TSLA stock. This was comprised of 4,000 TSLA shares at an average price of $256.308 per share.
Interestingly enough, Gebbia’s purchase represents the first time an insider has purchased TSLA stock in about five years. CEO Elon Musk, in response to a post on social media platform X about the Tesla Board member’s TSLA purchase, gave a nod of appreciation for Gebbia. “Joe rocks,” Musk wrote in his post on X.
Gebbia has served on Tesla’s Board as an independent director since 2022, and he is also a known friend of Elon Musk. He even joined the Trump Administration’s Department of Government Efficiency (DOGE) to help the government optimize its processes.

Just a Few Weeks Before Robotaxi
The timing of Gebbia’s TSLA stock purchase is quite interesting as the company is expected to launch a dedicated roboatxi service this June in Austin. A recent report from Insider, citing sources reportedly familiar with the matter, claimed that Tesla currently has 300 test operators driving robotaxis around Austin city streets. The publication’s sources also noted that Tesla has an internal deadline of June 1 for the robotaxi service’s rollout, but even a launch near the end of the month would be impressive.
During the Q1 2025 earnings call, Elon Musk explained that the robotaxi service that would be launched in June will feature autonomous rides in Model Y units. He also noted that the robotaxi service would see an expansion to other cities by the end of 2025. “The Teslas that will be fully autonomous in June in Austin are probably Model Ys. So, that is currently on track to be able to do paid rides fully autonomously in Austin in June and then to be in many other cities in the US by the end of this year,” Musk stated.
News
Stellantis unveils solid-state battery for EVs
Stellantis validated solid state battery cells for EVs: ultra-dense, fast-charging, and AI-optimized. Launching demo fleet by 2026.

Stellantis N.V. and Factorial Energy have validated Factorial’s automotive-sized FEST® solid-state battery cells, a major milestone for next-generation electric vehicle (EV) batteries. The breakthrough positions Stellantis and Factorial to advance EV performance with lighter, more efficient batteries.
“Reaching this level of performance reflects the strengths of our collaboration with Factorial.
“This breakthrough puts us at the forefront of the solid-state revolution, but we are not stopping there. We continue working together to push the boundaries and deliver even more advanced solutions, bringing us closer to lighter, more efficient batteries that reduce costs for our customers,” said Ned Curic, Stellanti’s Chief Engineering and Technology Officer.
The 77Ah FEST® cells achieved an energy density of 375Wh/kg, supporting over 600 cycles toward automotive qualification. Unlike lithium-ion batteries, these solid-state cells charge from 15% to over 90% in 18 minutes at room temperature and deliver high power with discharge rates up to 4C. Factorial’s AI-driven electrolyte formulation enables performance in temperatures from -30°C to 45°C (-22°F to 113°F), overcoming previous solid-state limitations.
“Battery development is about compromise. While optimizing one feature is simple, balancing high energy density, cycle life, fast charging, and safety in an automotive-sized battery with OEM validation is a breakthrough,” said Siyu Huang, CEO of Factorial Energy. “This achievement with Stellantis is bringing next-generation battery technology from research to reality.”
The collaboration optimizes battery pack design for reduced weight and improved efficiency, enhancing vehicle range and affordability. Stellantis invested $75 million in Factorial in 2021 and plans to integrate these batteries into a demonstration fleet by 2026. This fleet will validate the technology’s real-world performance, a critical step toward commercialization.
The milestone aligns with Stellantis’ push for sustainable EV solutions, leveraging Factorial’s disruptive technology to meet the rising demand for high-performance batteries. As the companies refine pack architecture, the validated cells promise faster charging and greater efficiency, potentially reshaping the EV market. With the demonstration fleet on the horizon, Stellantis and Factorial are poised to lead the solid-state battery push, delivering cost-effective, high-range EVs to consumers.
News
Tesla China vehicle registrations rise 51% in April’s fourth week
In the week ending April 27, Tesla China saw 10,300 new vehicle registrations.

Tesla China’s new vehicle registrations saw a notable rise in the week of April 21-27, 2025. Over the week, the electric vehicle maker’s registrations saw an impressive 51% week-over-week rise, suggesting that domestic vehicle deliveries are on the rise once more.
Tesla China Results
In the week ending April 27, Tesla China saw 10,300 new vehicle registrations. This represents a notable rise from the company’s registration numbers in the past weeks of April. For context, Tesla China saw 3,600 registrations in the week ending April 6, 5,400 registrations in the week ending April 13, and 6,780 registrations in the week ending April 20, 2025.
Considering that April is the first month of the second quarter, expectations were high that Tesla China was allocating Giga Shanghai’s output for vehicle exports. With 10,300 registrations in the week ending April 27, however, it would appear that the company’s domestic deliveries are picking up once more.
Tesla China does not report its weekly sales figures, though a general idea of the company’s overall perforce in the domestic auto sector can be inferred through new vehicle registrations. Fortunately, these registrations are closely tracked by industry watchers, as well as some local automakers like Li Auto.
Tesla Model 3 and Model Y in Focus
Tesla China produces the Model Y and Model 3 in Giga Shanghai. Both vehicles are also exported from China to foreign territories. As per industry watchers, it would appear that both the Model 3 and Model Y saw an increase in registrations in the week ending April 27.
The Model 3, for one, appears to have seen 3,200 registrations in the week ending April 27, a 14% increase from the 2,800 that were registered in the week ending April 20. For context, Tesla China saw just 1,500 new Model 3 registrations in the week ending April 13 and 1,040 registrations in the week ending April 6.
The Model Y, on the other hand, saw 7,100 registrations in the week ending April 27. That’s a 77.5% increase from the 4,000 that were registered in the week ending April 20. Tesla also saw 3,900 registrations in the week ending April 13, and 2,540 registrations in the week ending April 6, 2025.
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