Elon Musk opened up in a new interview yesterday about the SEC lawsuit regarding his attempt to take Tesla private back in 2018 and his infamous “funding secured” announcement.

The Tesla CEO now claims funding was indeed secured and that he was forced to settle with the SEC because the company’s banks were telling him that he wouldn’t be able to secure additional funding if he kept fighting the lawsuit.

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The post Elon Musk claims that ‘funding was secured’ in infamous Tesla ‘420 take private’ attempt, but SEC/banks forced him to settle appeared first on Electrek.

GE Renewable Energy announced yesterday on Twitter that the first GE Haliade 150-6 megawatt (MW) wind turbine has now been installed at St. Nazaire, France’s first offshore wind farm.

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Bollinger Motors made an appearance alongside energy company Con Edison at the New York International Auto Show, displaying its ill-fated B2 pickup. However, following recent news of its pivot to commercial EVs, Bollinger shared that it will develop a Class 3 walk-in van prototype for Con Edison.

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The post Bollinger kicks off venture into commercial EVs by developing and piloting walk-in vans for Con Edison appeared first on Electrek.

One thing that might be difficult about taking an e-bike to work is storing it once you arrive. Well, helps solve that problem with the ability to collapse once you arrive. It features a 250W motor, can travel up to 15.5MPH, and go for around seven miles on a single charge at an Amazon low of $298, down from $400. We also have a wide selection of Tesla, Greenworks, and other e-bike discounts in today’s New Green Deals, so you won’t want to miss that either.

Head below for other New Green Deals that we’ve found today, more on why going electric for your yard tools like the mower on sale is important, and of course Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

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The post Jetson’s folding e-bike collapses to easily store after a ride for $298, more in New Green Deals appeared first on Electrek.

Burlingame, California-headquartered Proterra, which builds electric commercial vehicles, today announced that it’s increasing the battery storage onboard its purpose-built ZX5 Max electric transit bus – and that means more range.

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The post Proterra launches a ZX5 Max electric bus with more than 300 miles of range appeared first on Electrek.