Chinese carmaker BYD just broke the speed record for a production car, and it's all electric. 308 mph.

A good reminder to *have an earthquake kit*. Headlamp, gloves, water, protein, radio,🔋, chocolate If you made one ages ago that canned food is expired

M 4.6 - 2 km ESE of Berkeley, CA Link: https://earthquake.usgs.gov/earthquakes/eventpage/nc75240492

Felt the shaking intensely in central Berkeley. Knocked a few things over but everyone is ok.

“The top 10% of U.S. households now account for nearly half of all consumer spending, a record high since data collection on this metric began in 1989.” @weisenthal.bsky.social @mikezaccardi.bsky.social

ICYMI - News from late last night on the Trump administration seeking to void the permit of a Maryland offshore wind farm. 👇🏼

A thoughtful and important take on the online culture that pervades our lives 👇🏻

ICYMI👇🏼

NEW: An anti-offshore wind group is targeting a Brown researcher who studies climate obstruction. It's not the first time they've done it, but there's a new twist: They're threatening to go to the Trump administration unless the university retracts the work

How can something like the Spanish blackout be prevented from happening again? Bloomberg Green’s Akshat Rathi and Laura Millan discuss on the Zero podcast

“This is a happy industry, and this is a pretty unhappy time to be in it.” Trump's tariffs add unexpected costs to Christmas decorations

Vanguard suggests a 70% bond and 30% stock portfolio for the next decade, per BI

President Trump’s tariff war is accelerating Beijing’s trade and investment push into developing nations known as the Global South, according to research by S&P Global

NEW -> Solar stocks rose Friday after the Trump Administration issued guidance on the phase out of solar and wind tax breaks that wasn't as bad as feared. Story w/ @arinatter.bsky.social 🎁 Link: www.bloomberg.com/news/article...

Citizens, crying kids, pregnant women, people who aren't the target...it doesn't seem to matter who's inside the car when immigration officers want to make an arrest. They smash the window anyway @mckenziefunk.com & I tracked these arrests all over the U.S. projects.propublica.org/trump-ice-sm...

ICYMI 👇🏼

ICYMI - Story with @jendlouhy.bsky.social & @arinatter.bsky.social on the Trump Administration’s moves to stop #solar and #wind development and support other energy sources.

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.

I don’t think people are prepared for where this growing movement toward maximum partisan gerrymandering is headed

Scoop -> California Governor Gavin Newsom pushing for legislation to shore up a state wildfire insurance fund for utilities that's at risk of being depleted after the deadly LA #wildfires. Story with California reporter Eliyahu Kamisher. 🎁 www.bloomberg.com/news/article...

I strongly advise media outlets and government officials who are confusing the meaning of these official statements issued by NOAA to refer to the official NOAA website that describes their intended meaning: www.tsunami.gov/?pag...

How common are earthquakes this big? Here are all of the events with a magnitude of 8.5 or larger since 1960: only ten of them!

EPA will move tomorrow to revoke the endangerment finding, the foundation for all US climate regulations, and emissions limits for cars and trucks. EPA Administrator Lee Zeldin will make the announcement in Indiana. w/ @chemnick.bsky.social subscriber.politicopro.com/article/2025...

Scoop: The Wall Street Journal is working on a story highlighting Donald Trump’s relationship with Jeffrey Epstein—but is said to be facing pressure from the White House, with Trump himself calling Editor-In-Chief Emma Tucker to object. Details in @status.news: www.status.news/p/wall-stree...

New forecast from BloombergNEF projects a 41% drop in clean energy deployments after 2027, when solar and wind will lose federal tax incentives. Trump's economic tax-and-spending package is going to slam the brakes on renewable growth. 🎁 www.bloomberg.com/news/article...

Huge: An internal Interior Department memo that I’ve reviewed shows the agency may soon subject *any* activities related to wind and solar to heightened levels of political review. It threatens to delay renewables projects across the country, including those not on federal lands. #greensky

Tune in 👇🏼

Grok account sends this in the wee hours

President Donald Trump is directing the Treasury Department issue new guidance for solar and wind projects that can qualify for tax credits under his massive tax-and-spending bill. Clean energy analysts were watching for this one: 🎁 Link: www.bloomberg.com/news/article...

“He said, ‘I love you. I’m so sorry.’ In minutes, he was gone.” www.nytimes.com/2025/07/05/u...

Republicans are now suddenly planning to TAX renewable energy, transforming the repeal of the IRA from a challenge to a full-blown crisis for American solar and wind. I spent the last 24 hours putting this story together to explain why. Please share! This is really important!!! @heatmap.news

GOP Senate’s version of Trump’s bill a nightmare scenario for green energy. It blows up IRA credits for clean energy, adds a new tax for #solar and #wind using China-made products and gives coal a tax incentive. Story by Ari Natter

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New version of the Senate bill takes a sledgehammer to clean energy tax credits. What other details are we seeing in the text, #Greensky? www.bloomberg.com/news/article...

CenterPoint Chief vows there won’t be a repeat of Hurricane Beryl widespread outages. W/ @mchediak.bsky.social www.bloomberg.com/news/article...

Nuclear and geothermal power are unexpected winners in the Senate tax bill, while solar and wind would lose. 🎁 Link to story: www.bloomberg.com/news/article...

Israel’s Attack on Iran Stokes Fears of a Wider War - Bloomberg www.bloomberg.com/news/newslet...

Utilities and power developers are planning to build a lot more natural-gas power plants to meet demand from AI data centers. The Trump EPA's proposed repeal of restrictions on GHG emissions will make that a lot easier and cheaper. My latest: 🎁 www.bloomberg.com/news/article...

The disparity btwn what’s actually happening in Los Angeles and the way it’s being mischaracterized is one of the biggest stress tests of modern media in recent memory. Botted socials, AI, old clips, declining literacy—it’s like seeing a broken emergency response system hit by a storm.

Downtown San Francisco is peaceful but now all the Waymos are gone…

We've seen two large #solar financing companies go bust within the past week. Analysts and investors say that could just be the tip of the iceberg. See my latest for @bloomberg.com 🎁 Link: www.bloomberg.com/news/article...

NEWS - Another residential #solar company bites the dust. Second bankruptcy within a week. 🎁 Link: www.bloomberg.com/news/article...

Earthquake in Berkeley

People who follow Tesla closely probably know about the high profile crashes involving Tesla owners Josh Brown and Walter Huang. You should also know about Johna Story, the pedestrian fatally struck in Arizona in 2023. She was 71. www.bloomberg.com/features/202...

The National Hurricane Center has at least 4 empty positions for meteorologists, according to its website. But Commerce Sec. Howard Lutnick says it’s “fully staffed” + ready for storms. Story w/ @weathersullivan.bsky.social @alicia-diaz.bsky.social (free link) www.bloomberg.com/news/article...

Meager snowpack adds to Colorado River's woes, straining flows to Southern California

Hmm. Tesla comes out in support of preserving clean energy tax credits. GOP House tax and spending bill would kill them.

Breaking news - U.S. Dept. of Energy to withdraw loan guarantee to solar power company Sunnova.

Good explainer by @cocojournalist.bsky.social looking at the increasing risk of hail damaging rooftop solar panels.

Midwest grid operator orders Entergy to initiate rolling blackouts in New Orleans area. Cause unclear. www.entergynewsroom.com/news/entergy...