Stories by Sarah Lee-Jones

Rivian announced its Q2 2022 earnings on Thursday, delivering 4,467 electric vehicles and producing 4,401 for the quarter. The company saw $364 million in revenue, above Wall Street estimates, but posted a $1.7 billion net loss. Compared to the year-ago quarter, Rivian lost $580 million. The company attributed the increase due to higher operating losses. […]

IKEA and Electrify America announced today a collaboration that will see electric vehicle (EV) charging stations installed across 25 retail locations in the United States. According to IKEA, this new partnership will allow the retailer to quadruple total EV chargers at its stores in the U.S. “At IKEA, we believe that we must work together […]

The Federal Communications Commission (FCC) has dropped Elon Musk’s SpaceX from receiving nearly $900 million in subsidies for its Starlink satellite internet. The FCC said on Wednesday SpaceX “failed to meet program requirements”, along with another company LTD Broadband, deeming both as “risky projects” and providers unable to deliver the promised service. “After careful legal, […]

The U.S. Air Force recently announced it will spend $1.9 million on SpaceX’s Starlink internet to support operations in Europe and Africa. SpaceX was awarded the contract on July 22, 2022, and the document was made public recently, as noted by Politico. “The general requirement is a commercial satellite internet solution using Low-Earth Orbit (LEO) […]

Tesla CEO Elon Musk announced late Tuesday evening (early Wednesday morning ET) that the company will start shipping its Semi truck with 500-mile range (804 km) this year, and for the Cybertruck it will be in 2023. Tesla 500 mile range Semi Truck starts shipping this year, Cybertruck next year — Elon Musk (@elonmusk) August […]

SpaceX was set to launch 52 Starlink satellites into lower Earth orbit today at 6:57pm ET, but delayed the launch by just over three hours due to “upper level winds”. Eventually, at 10:14 p.m. ET, SpaceX launched 52 Starlink satellites from Launch Complex 39A (LC-39A) at Kennedy Space Center in Florida, its 55th Starlink mission […]

Tesla CEO Elon Musk sold 7,924,107 shares of his electric vehicle company, worth roughly $6.9 billion. According to SEC filings, the sales took place on August 5, August 8 and 9. BREAKING: Elon Musk has filed a total of six Form 4s with the SEC tonight showing that he sold 7,924,107 $TSLA shares worth about […]

Tesla emailed some of its customers today share some summer driving tips, emphasizing vehicle features for travel during this season. “From Scheduled Departure to Camp Mode, your Tesla is equipped with features to help you travel farther and stay cool this summer,” reads the email sent to a Tesla North Model Y owner in Canada. […]

According to Tesla CEO Elon Musk, the next version of Full Self-Driving (FSD) beta, is set to come on August 20, 2022. That’s according to Musk’s early Sunday morning tweet. FSD beta 10.13 will be released as version 10.69, as stated by Musk at the company’s annual shareholder meeting held last week. The new FSD […]

While Tesla’s annual shareholder meeting was underway on Thursday, Elon Musk’s other company SpaceX was busy launching South Korea’s first mission to the moon. On Thursday, August 4 at 7:08 p.m. ET, SpaceX’s Falcon 9 rocket launched the Korea Pathfinder Lunar Orbiter (KPLO) to a ballistic lunar transfer orbit from Space Launch Complex 40 (SLC-40) […]

Tesla announced the date its 3-for-1 stock split will begin: Thursday, August 25, 2022. Company shareholders approved Tesla’s proposal for a 3-for-1 stock split at the company’s annual meeting of shareholders on Thursday. On Friday afternoon, Tesla announced the following: Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a […]

Tesla started rolling out its 2022.24.1 software update on Thursday evening, as detected by third-party company software, @Teslascope. 2022.24.1 was detected on a 2022 Tesla Model S Plaid in New Jersey. We noticed a new Tesla software update 2022.24.1 on a Model S Plaid (2021) in New Jersey, United States. View the rollout of this […]

During today’s 2022 Tesla annual shareholder meeting, CEO Elon Musk shared the company had produced its 3 millionth vehicle, growing its annual production rate exponentially. As for the company’s Model Y compact crossover SUV, Musk said it’s on track to become the highest-selling vehicle by revenue this year. In 2023, the Model Y will be […]

Tesla CEO Elon Musk announced at the company’s annual shareholder meeting it might be announcing a new Gigafactory location this year. “We might be able to announce another factory location later this year,” said Musk, to cheering from the audience. “We got a lot of Canadas. I’m half-Canadian,” said Musk. “Ultimately we’ll probably end up […]

Tesla announced at its 2022 annual shareholders meeting the company has already produced its 3 millionth car. The company’s shareholders also approved Tesla’s proposed 3-for-1 stock split. Company CEO Elon Musk also shared that electric vehicles have taken share from gas cars. “EV education converts ICE buyers into EV buyers”, read Tesla’s graph seen below: […]