Apple Rejected Elon Musk’s $5 Billion Starlink Deal, Says Report
Apple quietly explored building its own satellite internet service as far back as 2015, working with Boeing on a plan to deliver full wireless internet—not just emergency access—to…
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Gary Ng
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Should Tesla Rethink Its No-Advertising Strategy?
As Tesla faces slowing unit growth and implements price cuts that could potentially reduce its annual revenue by billions, investors are urging CEO Elon Musk to reconsider the…
SpaceX Performs First Static Fire of 33 Raptor Engines on Booster 7 [VIDEO]
SpaceX today performed its first static fire attempt of 33 Raptor engines on its Starship Booster 7, from Starbase in Boca Chica. The company announced yesterday it would…
Tesla’s Major Shareholder Baillie Gifford Drastically Reduces Stake in Company
Scottish investment firm Baillie Gifford — formerly Tesla’s largest outside shareholder — has been forced to cut its stake in Tesla to less than 5% after the automaker’s…
Tesla to Have ‘Every Assistance’ From German Government in Gigafactory Berlin Construction
Tesla will have “every assistance” from the German government, according to a comment from the economy minister in a meeting with CEO Elon Musk. Musk met with three…
Volkswagen Begins Production on ID.4 Electric SUV
Volkswagen announced today that it started production of its new ID.4 electric SUV at its Zwickau factory in Germany ahead of its official world premiere that’s scheduled for…
Canada Announces Further Investment in British Columbia’s Electric Vehicle Network
This week, Canada’s Minister of Natural Resources announced a $380,000 CAD investment to help the Corporation District of the Summerland build 22 electric vehicle chargers as part of…
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SpaceX Raises $1.9 Billion in Funding According to SEC Filing
SpaceX, Elon Musk’s reusable rocket and satellite internet venture, has raised $1.9 billion USD in series N funding at a valuation of $46 billion, according to people familiar…
Tesla CEO Elon Musk Qualifies for Unprecedented $2.1 Billion USD Payout
Tesla CEO Elon Musk qualified for an unprecedented payout of $2.1 billion USD yesterday, his second bonus since May from the company following its incredible stock surge. A…
$2,000 on Near-Term Horizon For Tesla Stock, Says Analyst
Tesla on Friday announced that its long-awaited and highly anticipated “Battery Day” will be held on September 22, the same day as its 2020 annual shareholder meeting, in its Fremont,…
Elon Musk Pushes Back Against German Court’s Ruling on Autopilot Terminology
A German judge has banned a Tesla ad for misleading messaging about its vehicles’ autonomous driving capabilities. According to a new report from TechCrunch, Tesla Germany is banned from repeating…
Tesla Shares Hit New All-Time High Over Increased S&P 500 Speculation
Tesla stock is now on par with Google’s Alphabet and other companies that consistently post profits. Shares of Tesla surged as much as 16% Monday to $1,794.99 USD,…