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Tesla investors are anxious to know if plans to roll out a cheaper car and a robotaxi service this year are on track, and whether CEO Elon Musk is ready to ditch his role in the Trump administration soon and get back to managing the company more closely. The electric vehicle maker is scheduled after market close on Tuesday to provide what is likely to be its most important update on operations since the launch of its Model 3 vehicle in 2017. Tesla said earlier this month that it would “hold a live company update” along with its results and the question and answer webcast, sparking speculation on social media that it might make a major announcement. Analysts are expecting a bad first quarter, based on recent indicators. Deliveries in the January-March period slid 13%, as the company lost ground to Chinese rivals, and Musk’s political actions as a close adviser to U.S. President Donald Trump have damaged the brand. Tesla has faced protests, vandalism, and consumer calls for boycotts in several markets, and sales in China and California its largest U.S. market have fallen sharply as well. Some investors have taken a more sour view of the one-time Wall Street darling. The company’s stock, which closed at $227.42 on Monday, has nearly halved from its December peak. Tesla’s key automotive gross margin, excluding regulatory credits, likely fell to 11.8% in the period, according to 21 analysts polled by Visible Alpha, down from 13.6% in the fourth quarter. Analysts expect the downward trend to continue if Tesla continues to prioritize volume growth over profitability. Tesla comes into results as arguably the most scrutinized company in the world,” said Matt Britzman, senior equity analyst at Hargreaves Lansdown. “Thats not really a position investors want to be in, and therell be a lot of focus on whether Elon Musk gives any indication of when he might be stepping back from DOGE,” said Britzman, who personally holds Tesla stock. DOGE is short for the Musk-led Department of Government Efficiency. The EV maker scrapped plans for a brand-new, low-cost model last year, opting instead to produce cheaper variants using existing platforms and assembly lines. Reuters reported exclusively on Friday that Tesla delayed plans to start production of a more affordable Model Y crossover by at least a few months. Musk promised driverless ride-hailing services to the public in Texas by June, and in California for later this year. To that end, Tesla has been seeking regulatory approvals, but there are serious concerns about safety and related litigation risks that could come with deploying unproven driverless technology on public streets. Analysts expect a second straight annual decline in Tesla deliveries in 2025, despite efforts to boost sales through incentives like free charging and Full Self-Driving features. Revenue was likely flat from a year ago at $21.35 billion, supported by gains in regulatory credits and growth in Teslas energy storage business. Tesla also recalled all Cybertrucks delivered since late 2023 and launched a lower-priced $70,000 version of the vehicle. It has been discounting unsold inventory of the electric pickup truck in recent weeks. Tariff tensions add further uncertainty. Tesla has paused some China-sourced component imports after U.S. tariffs on the Asian country rose to 145%, Reuters reported. China has responded with tariffs of its own, leading Tesla to suspend new Model S and X orders in the country. Akash Sriram and Abhirup Roy, Reuters
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E-Commerce
Bottles and bags, food wrappers and straws. Piping, packaging, toys and trays. Plastic is everywhere and yet some people may be surprised at how much they actually wear.A typical closet is loaded with plastic, woven into polyester activewear, acrylic sweaters, nylon swimsuits and stretchy socks and it’s shedding into the environment nonstop.When garments are worn, washed and put through the dryer, they shed plastic fiber fragments. A single load of laundry can release millions that are so tiny wastewater treatment plants can’t capture them all. They wind up in local waterways that connect to the ocean. Marine animals eat them, and that can pass plastic to larger animals and humans.Even natural fabrics shed fibers and have chemicals that can leach into the environment. But polyester is the most widely used fiber on Earth, and along with other synthetic fibers accounts for about two-thirds of production worldwide.Tuesday is Earth Day, when people worldwide contemplate ways to reduce their impact on the planet.“Everyone who wears and launders clothing is part of this problem but everyone who wears and launders clothing can be part of the solutions,” said Rachael Z. Miller, founder of Vermont-based Rozalia Project for a Clean Ocean.Simple changes like washing clothes less and using cold water instead of hot can help reduce the shedding of fibers. More challenging is that textiles need to be produced and used in a more sustainable way, said Elisa Tonda at the UN Environment Programme. For example, designing clothes that shed fewer microfibers and are high-quality to last longer, said Tonda, who leads the resources and markets branch. What to do? Start by changing habits The easiest solution is to wash clothes less often, making for less of the friction that breaks fibers apart, said Anja Brandon, director of plastics policy at Ocean Conservancy.“They get tumbled and tossed around with a bunch of soaps, really designed to shake things up to get out dirt and stains,” Brandon said.Miller uses a stain stick to spot-clean. Both say that when clothes are washed, they shed less when put in cold water in full loads to reduce friction, on a shorter cycle, then hung to dry.Inspired by the way coral filters the ocean, Miller invented the Cora Ball, a laundry ball that can be tossed into the washer to cut down on clothes banging into each other. It also catches microfibers. (A portion of the proceeds goes to the Rozalia Project.) Another option is to put synthetic fabrics in a washing bag that captures fibers.Which clothes shed the most? To find out, press a strip of clear packing tape to a garment, then stick it to white paper to check for fibers, Miller said. Garments that are loosely knit or woven tend to shed more, such as fleece.Miller said people don’t need to rush to throw out clothing that’s more likely to shed. She owns fleece jackets herself. Instead, she suggested such clothing can be worn indoors only or outside with a layer on top, and it’s worth thinking twice about acquiring more garments like that.“I try not to guilt or panic people because a lot of this information is very new,” Miller said. “And so we might as well just say, ‘OK, I got it. How can I be strategic about what I’ve got?'” A push to require filters Filters can be added to washers to capture microfibers. Samsung Electronics collaborated with Patagonia and the global conservation organization Ocean Wise to launch one in 2023. It’s now sold in more than 20 countries for front-load washers. Bosch recently launched a microfiber filter in Europe for washers.France was first to adopt a law to mandate that new washing machines sold in the country have a microfiber filter, though implementation has been delayed.In the U.S., efforts to mandate filters in states have failed. California Gov. Gavin Newsom vetoed a bill in 2023, saying he was concerned about the cost to consumers and he wants to incentivize, not mandate, technologies to remove microfibers in wastewater. In Oregon, state Sen. Deb Patterson proposed a bill this year requiring microfiber filters on new washers sold in that state after she came across the technology in Canada. Patterson said the bill doesn’t have enough support yet but she’ll keep trying.The Association of Home Appliance Manufacturers opposes the proposals, saying it’s concerned about consumer costs and filter effectiveness. Changing textiles Some big brands are testing their fabrics to help researchers understand fiber fragmentation, including Adidas, Nike, Patagonia and Under Armour.They’re among more than 90 brands, retailers and manufacturers to partner with The Microfibre Consortium in the United Kingdom, founded in 2018 to do research and offer solutions to transform textile production including reducing fiber breakup.Nearly 1,500 fabrics have been tested. None are the same, making it a tough problem to solve, consortium CEO Kelly Sheridan said.Patagonia has been a leader in trying to stop the spread of synthetic fiber waste into air and water, saying it’s up to garment brands to prevent it at the source since cleaning up microplastics in the environment is not yet possible.It paid for its own research starting a decade ago on the implication of its clothes. The company worked with suppliers to choose fabrics and dyes and to finish their clothing in ways that reduce shedding. They collaborated on new filtration technologies for washers, textile mills and municipal systems.One of their best-known styles is something called the “better sweater” that shifts from virgin polyester to recycled polyester to cut shedding by about 40%, said Matt Dwyer, vice president of global product footprint. And at textile mills, there’s a prewash at the factory that can capture that first big shed, he added.Dwyer is optimistic about progress.“There’s a whole lot of smart people, not just understanding the problem and the scope of the problem, but also looking for solutions all the way through the manufacturing cycle and use phase,” he said. “Compared to 10 years ago, it’s a whole new world.” Jennifer McDermott, Associated Press The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.
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E-Commerce
Francesco Ferretti had a problem. His research expedition to track white sharks in the Mediterranean was suddenly adriftthe boat he’d arranged had vanished into the pandemic’s chaos of canceled plans and family emergencies. With scientific equipment packed and a team of seven researchers ready, the marine biologist found himself scanning the horizon for solutions. It was then that Ferretti turned to six-year-old Yachts for Science, a matchmaking service linking wealthy boat owners with cash-strapped researchers. Soon, an owner of a private yacht offered to help. Though weather conditions limited their time on the water and forced a relocation between countries, the expedition pressed on, with the yacht’s crew eagerly assisting with scientific operations. The unusual collaborationluxury yacht meets marine researchproved successful despite the compromise of working on a vessel not specifically designed for scientific work. “Whenever the crew was there, and we were actually doing science, they were available to help,” says Ferretti. “Sometimes you need hands, or you need other people to do stuff for you, to facilitate even the most trivial things, like organizing buckets or helping with sampling. A dive during an expedition last year to Silver Banks, a whale sanctuary in the Dominican Republic, organized by Bering Yachts. [Photo: Max Bello] Ferretti’s experience represents a growing movement in marine research, where luxury meets necessity. There are dozens of research vessels registered in the U.S., far more than any other country, including NOAA’s fleet of 15 research and survey ships, but availiablity can be scarce, and they aren’t cheap. Renting one of those vessels for an oceanographic expedition like this can cost upwards of $50,000 per day, according to Ferretti, a huge sum to raise for many scientists facing budget constraints. Meanwhile, the world’s ultra-wealthy use their multimillion-dollar yachts just a few weeks each year, with vessels sitting idle while still incurring substantial crew and maintenance costs. Organizations like Yachts for Science, the International SeaKeepers Society, and the Pink Flamingo Society aim to bridge this gap, turning underutilized pleasure craft into platforms for discovery, whether by donating full research expeditions or simply collecting ocean data during regular voyages. For scientists, these collaborations provide vital access to remote, understudied regions; for yacht owners, they offer tax benefits, meaningful engagement for crew, and the satisfaction of contributing to ocean conservation without necessarily sacrificing privacy or comfort. Rob McCallum, who helps facilitate these matchmaking arrangements through Yachts for Science, describes his organization as “the Tinder of the seas.” McCallum says they are on track to make about a dozen matches this yearamounting to about $1.4 million in vessel time for researcherswith plans to ramp up to hundreds of collaborations over the next few years, generating about $15 million in vessel time per year. “We’re just approaching some of our funders at the moment asking for $600,000 a year for three years to actually fund taking the brakes off,” says McCallum. “My belief is that it’ll grow almost to an infinite extent, because once you have yachts getting out there and doing science, it will become the thing discussed at cocktail parties.” The yacht owner who answered Ferretti’s call was Frank Peeters, a Belgian businessman whose vessel, Blue Titan, is what he calls “an adventure yacht” built for crossing oceans rather than hosting parties. “The boat is not fit for that many people,” says Peeters of the 27-meter (88-foot) yacht. “Normally we sail with 6 people and the crew, and here we were sometimes 12, 13, 14 people.” Bering Yachts organized a 13-person expedition to Silver Banks aboard the 30-meter Bering 92 Papillon. [Photo: Bering Yachts] The expedition quickly faced challenges. After two days off the Tunisian coast, military officials intercepted the craft, claiming the research team lacked proper permissions. What followed was a bureaucratic struggle that lasted two weeks, with permits granted then mysteriously revoked. At one point, the boat was even briefly confiscated. Despite complications costing Peeters between 10,000 and 20,000 euros (about $11,000 to $22,000) out of pocket, he has no regrets. “Would I do it again? Yes, I would do it again immediately,” he says. “I know they have to work on very small budgets, and we could help there.” The scientists eventually redirected their shark-tracking expedition to Italian waters near Lampedusa, where they continued their research. While the team didnt directly observe white sharks, they detected white shark environmental DNA (eDNA) at multiple sites, confirming the species presence in the area. This helped identify one of the last strongholds of the Mediterranean white shark population and marked a key step in launching a multi-institutional conservation program. Peeters, who describes himself as kind of retired and sails Blue Titan with his wife about 16 weeks a year, now follows the researchers on Instagram, occasionally receiving video updates about their work. He was also acknowledged in the scientific paper that resulted from the expeditiona form of compensation he finds “definitely worthwhile.” A North Atlantic humpback whale breaching during the Bering Yachts expedition. [Photo: Max Bello] For researchers like Ferretti, these collaborations involve compromise. Scientists must adapt their methodologies for yacht environments, working carefully in spaces designed for luxury rather than research. But with U.K. research grant success rates dipping below 10% and U.S. government funding for the sciences increasingly uncertain, these adaptations reflect a persistent reality. Beyond donating entire vessels for expeditions, yacht owners can contribute to science with minimal effort by installing simple data collection technology on their luxury vessels, which often venture into remote, understudied areas where scientific data is scarce. “A lot of these boats are going into data-poor regions where there isn’t a lot of information,” says Roman Chiporukha, who co-runs Roman & Erica, a travel company for ultra-wealthy clients. “They could be mapping ocean floors where it hasn’t been done in the past.” For yacht owners, these donations can also yield financial benefits. “When you’re donating the boat, it acts as a donation from a philanthropic institution,” says Chiporukha. “If I charter my boat for half a million dollars a week, I just wrote off half a million dollars [in taxes].” Yachts are, of course, not typically associated with ocean protection or environmental stewardship: A 2018 study found that the world’s top 20 billionaires emitted around 8,000 metric tons of CO2 annually, compared to the average citizen’s carbon footprint of around 4 tons, or 15 tons in the United States; and that a staggering two-thirds of these emissions were created by their superyachts. And not all ocean inhabitants welcome the presence of luxury vessels: See the Iberian orcas that have taken to ramming yachts off the Spanish coast since 2020. Researchers have used eyewitness reports to study these encountersanother way yacht owners can contribute to marine scienceand have speculated that the behavior may be juvenile whales using boat rudders as target practice for bluefin tuna.) The luxury vessels participating in this scientific matchmaking vary widely. Turkey-based international company Bering Yachts found an opportunity not just in donating yacht time but in experiencing extraordinary research firsthand. “I felt very privileged to be there,” says Bering Yachts founder Alexei Mikhailov, who joined an expedition last year to Silver Banks in the Dominican Republic, a whale sanctuary that permits only about 500 visitors annually. “When you’re surrounded by thousands of whales and mothers with babies, action around you 360 degrees, 24/7, it’s insane.” The research trip utilized a customer’s 30-meter steel-and-aluminum yacht, positioning scientists 80 miles offshore in consistently rough seas. Despite 5- to 7-foot waves that would typically cause severe discomfort, the vessel’s dual stabilization systems created a comfortable platform for the researchers and their sensitive equipment. For Mikhailov, whose early career was dedicated to environmental protection, the expedition reconnected him with scientific pursuit in a profound way that he hopes he can help replicate with Yachts for Science again. “It was very interesting to talk to these people and share stories,” says Mikhailov. “I hope well have another chance to visit a place like this in the future.
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E-Commerce
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