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House Passes Bill That Slashes Solar, Wind and EV Tax Credits

1 week 4 days ago
The House passed a sweeping Republican tax-and-spending bill Thursday that rolls back major portions of Democrats' 2022 Inflation Reduction Act, dealing a significant blow to clean-energy projects and the electric-vehicle industry. The 218-214 vote sends the legislation to President Trump's desk ahead of his July 4 deadline. The Senate version of the bill gives wind and solar projects 12 months to start construction before losing tax incentives, extending the House's original 60-day window. House Freedom Caucus members had criticized the Senate for offering too generous a timeline for renewable energy tax credits they oppose. The legislation indefinitely extends Trump-era tax cuts while adding new deductions for tipped workers, overtime pay, and car-loan interest. Republicans paired these tax reductions with significant cuts to Medicaid and nutrition assistance programs. The Congressional Budget Office estimates the bill will increase budget deficits by $3.4 trillion through 2034 while leaving more than 11 million additional people without health insurance.

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Musk's antics and distractions are backfiring as Tesla's car business stalls

1 week 4 days ago
Robotaxis, humanoid robots, and fights with Trump can't hide declining EV sales

Comment  Tesla reported its vehicle delivery and production numbers for Q2 2025 this week, and while the figures weren't quite as low in absolute terms as Q1, they still mark a worrying downward trend as CEO Elon Musk continues to spread his attention across a huge variety of topics unrelated to making and selling electric cars.…

Brandon Vigliarolo

Developer Accused of Defrauding YC Companies Through Simultaneous Employment Scheme

1 week 4 days ago
Mixpanel co-founder Suhail Doshi has publicly accused an Indian developer of simultaneously working at multiple startups under false pretenses. Doshi posted on X that Soham Parekh works at "3-4 startups at the same time" and has been "preying on YC companies." (YC, or Y Combinator, is a popular startup accelerator and venture capital firm.) Doshi fired Parekh within a week at his company Playground AI and warned him to stop the practice, but said Parekh continued a year later. Parekh's resume lists positions at Dynamo AI, Union AI, Synthesia, and Alan AI, along with degrees from the University of Mumbai and Georgia Institute of Technology. Doshi called the CV "probably 90% fake and most links are gone." Several other startup founders confirmed they had either hired Parekh in the past, or had been approached by him. Nicolai Ouporov of Fleet AI said Parekh "works at more than 4 startups at any given time." Justin Harvey of AIVideo said he nearly hired Parekh, who "crushed the interview." Doshi said he corroborated the account with more than six companies before posting publicly.

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Scientists Warn US Will Lose a Generation of Talent

1 week 4 days ago
An anonymous reader shares a report: A generation of scientific talent is at the brink of being lost to overseas competitors by the Trump administration's dismantling of the National Science Foundation (NSF), with unprecedented political interference at the agency jeopardizing the future of US industries and economic growth, according to a Guardian investigation. The gold standard peer-reviewed process used by the NSF to support cutting-edge, high-impact science is being undermined by the chaotic cuts to staff, programs and grants, as well as meddling by the so-called department of government efficiency (Doge), according to multiple current and former NSF employees who spoke with the Guardian. The scientists warn that Trump's assault on diversity in science is already eroding the quality of fundamental research funded at the NSF, the premier federal investor in basic science and engineering, which threatens to derail advances in tackling existential threats to food, water and biodiversity in the US.

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