Sign In or Create an Account.

By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy

Climate

Musk Is ‘Ready to Exit’ Washington

On Musk’s next move, earnings calls, and Earth Day EOs

Musk Is ‘Ready to Exit’ Washington
Heatmap Illustration/Getty Images

Current conditions: The windiest April in 50 years is causing problems for farmers in the Midwest and Southern Plains • New Delhi marked its hottest day of the year so far, with temperatures breaking 106 degrees FahrenheitIt was mild and sunny in Tokyo’s Yoyogi Park today, where tens of thousands celebrated Earth Day.

THE TOP FIVE

1. Musk is ‘ready to exit’ from government: report

Elon Musk is “ready to exit” the government because “he is tired of fielding what he views as a slew of nasty and unethical attacks from the political left,” The Washington Post reports. Though a timeline isn’t clear, much less confirmed, Musk’s special government employee status expires at the end of May.

Musk has dramatically reshaped the federal workforce during his short tenure of influence. His Department of Government Efficiency has been responsible for deep cuts to agencies like the Department of Energy and the National Oceanic and Atmospheric Administration, as we’ve covered at Heatmap. The efficiency agency’s work is not expected to cease if or when Musk exits, the Post adds. The Tesla CEO has repeatedly rubbed political insiders the wrong way by “failing to coordinate” with President Trump’s Cabinet and making embarrassing mistakes in his accounting of his team’s success, The New York Times notes.

2. All eyes on Tesla ahead of busy Q1 earnings calls week

Image: David Ryder/Getty Images

Speaking of Musk, in a week jam-packed with first-quarter earnings calls, none is more anticipated than Tesla’s on Tuesday. Dan Ives, an analyst for Wedbush Securities and one of Tesla’s most devoted bulls, has warned that CEO Elon Musk is staring down a “code red” moment due to his unpopular dallying in federal policy. “Anyone that thinks the brand damage Musk has inflicted is not a real thing, spend some time speaking to car buyers in the U.S., Europe, and Asia,” Ives wrote in a report to clients per CNN. Musk is also expected to face questions on “volume sales for 2025, progress on autonomous driving and plans for a robotaxi network, and how tariffs will impact profitability,” Bloomberg writes.

Here’s a look at other key Q1 earnings calls happening this week:

  • Tesla — Tuesday
  • Halliburton — Tuesday
  • Baker Hughes — Tuesday
  • NextEra — Wednesday
  • PG&E — Thursday
  • Xcel — Thursday

3. Environmental groups on edge ahead of Trump’s potential Earth Day executive orders

Environmental groups are bracing for executive orders aimed at rescinding their nonprofit status — orders that may be timed to coincide with Earth Day, Bloomberg and Inside Climate News report. Trump has suggested he’d soon be making statements about groups that are “so rich, so strong, and then they go so bad.” Although the available information is still largely based on rumors, insiders have suggested that nonprofits involved in legal work may be particularly vulnerable to targeting by the Trump administration. On Monday, however, EPA Administrator Lee Zeldin told the press that he does not support the government “broadly” reconsidering the tax-exempt status of climate groups, journalist Antonia Juhasz shared on Bluesky.

4. U.S. sets tariffs at over 3,500% for solar imports for some parts of Southeast Asia

On Monday, the U.S. finalized tariffs on solar imports from Southeast Asia, setting duties as high as 3,521%. The decision follows a “year-old trade case brought by American manufacturers that accuse their overseas rivals of flooding the market with unfairly cheap goods,” Reuters reports, though PV Magazine called the numbers released by the Commerce Department “unexpectedly high.” The four countries targeted in the decision include Vietnam, which faces rates as high as 395.9%; Thailand, with rates as high as 375.2%; Malaysia, as high as 34.4%; and Cambodia, with 3,521%, inflicted partially because of “the country’s decision to stop participating in the investigation,” Bloomberg reports. The American Alliance for Solar Manufacturing Trade Committee celebrated the decision, with lead counsel Tim Brightbill saying, “It’s been a big day for U.S. solar manufacturing. We’re really happy with the results.”

5. Aramco, BYD team up to develop ‘innovative technologies’

Saudi state-owned oil company Aramco announced Monday that it has partnered with Chinese electric vehicle manufacturer BYD to collaborate on “the development of innovative technologies that enhance efficiency and environmental performance.” The decision will enable Aramco to broaden its investments in clean energy alternatives and support BYD’s global expansion, according to OilPrice.com. The agreement also includes “access to extensive R&D and operational infrastructure in the Middle East” for the EV-maker. BYD opened its first store in Saudi Arabia in February 2024; the Saudi government, meanwhile, has stated its intent to hit a 30% target for new energy vehicle technologies by 2030.

THE KICKER

New England recorded its lowest ever electricity demand on its six-state regional grid on Sunday, thanks in part to the region’s many “behind-the-meter” rooftop solar resources.

Yellow

You’re out of free articles.

Subscribe today to experience Heatmap’s expert analysis 
of climate change, clean energy, and sustainability.
To continue reading
Create a free account or sign in to unlock more free articles.
or
Please enter an email address
By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy
Electric Vehicles

Don’t Wait! These EV Deals Won’t Last.

Unlike just about every other car sales event, this one has a real — congressionally mandated — end date.

A car sale.
Heatmap Illustration/Getty Images

Car salespeople, like all salespeople, love to project a sense of urgency. You know the familiar seasonal rhythm of the TV commercial: Toyotathon is on now — but hurry in, because these deals won’t last. The end of the discount is, of course, an arbitrary deadline invented to juice that month’s sales figures; there’ll be another sale soon.

But in the electric vehicle market there’s about to be a fire sale, and this time it really is a race against the clock.

Keep reading...Show less
Green
Politics

AM Briefing: NRC Expected to ‘Rubber Stamp’ New Reactors

On the NRC, energy in Pennsylvania, and Meta AI

NRC Expected to ‘Rubber Stamp’ New Reactors
Heatmap Illustration/Getty Images

Current conditions: Air quality alerts will remain in place in Chicago through Tuesday evening due to smoke from Canadian wildfiresThere is a high risk of a tropical depression forming in the Gulf this weekThe rain is clearing on the eastern seaboard after 2.64 inches fell in New York’s Central Park on Monday, breaking the record for July 14 set in 1908. 

THE TOP FIVE

1. Trump admin expects the Nuclear Regulatory Commission to ‘rubber stamp’ new reactors

The Trump administration is putting pressure on the Nuclear Regulatory Commission to “rubber stamp” all new reactors, Politico reports based on conversations with three people at the May meeting where the expectation was relayed. The directive to the NRC’s top staff came from Adam Blake, a representative of the Department of Government Efficiency, who apparently used the term “rubber stamp” specifically to describe the function of the independent agency. NRC’s “secondary assessment” of the safety of new nuclear projects would be a “foregone conclusion” following approval by the Department of Energy or the Pentagon, NRC officials were made to believe, per Politico.

Keep reading...Show less
Yellow
Sparks

Meta’s Major AI Energy Buildout

CEO Mark Zuckerberg confirmed the company’s expanding ambitions in a Threads post on Monday.

Electrical outlets and a computer chip
Justin Renteria/Getty Images

Meta is going big to power its ever-expanding artificial intelligence ambitions. It’s not just spending hundreds of millions of dollars luring engineers and executives from other top AI labs (including reportedly hundreds of millions of dollars for one engineer alone), but also investing hundreds of billions of dollars for data centers at the multi-gigawatt scale.

“Meta is on track to be the first lab to bring a 1GW+ supercluster online,” Meta founder and chief executive Mark Zuckerberg wrote on the company’s Threads platform Monday, confirming a recent report by the semiconductor and artificial intelligence research service Semianalysis.

That first gigawatt-level project, Semianalysis wrote, will be a data center in New Albany, Ohio, called Prometheus, due to be online in 2026, Ashley Settle, a Meta spokesperson, confirmed to me. Ohio — and New Albany specifically — is the home of several large data center projects, including an existing Meta facility.

Keep reading...Show less