Stories by Sarah Lee-Jones

Tesla Sold Some Bitcoin in Q1, Earns $272 Million in Proceeds

Tesla has disclosed on its balance sheet it sold some of its previous $1.5 billion investment in Bitcoin, and saw $272 million in proceeds from the sale, based on the “proceeds from sales of digital assets” on its cash flow from investing activities. Tesla said in its Q1 slide deck, “quarter-end cash and cash equivalents […]

Tesla Factories Can Now Produce Over 1 Million Cars Per Year

During Tesla’s record first quarter earnings, the company also provided an update for the “installed annual capacity” of its current factories in California and Shanghai, China. According to Tesla, its Fremont, California factory can currently produce 100,000 Model S and Model X vehicles, along with 500,000 Model 3 and Model Y vehicles per year. As […]

Elon Musk to Host ‘Saturday Night Live’ on May 8

Tesla and SpaceX CEO Elon Musk is set to hit television as the host of Saturday Night Live on May 8, 2021. Musk will host SNL with musical guest Miley Cyrus on NBC’s late-night show. The Tesla CEO is well-known for his love of jokes and sharing memes from his Twitter account, so appearing on […]

SpaceX Falcon 9 Rocket Launches Crew-2 Mission Aboard Dragon into Orbit [VIDEO]

SpaceX’s Falcon 9 booster launched its Dragon capsule with NASA astronauts from the Kennedy Space Center in Cape Canaveral, Florida this morning, taking off at 2:49am PDT/5:49am EDT. Liftoff of Falcon 9 and Dragon! pic.twitter.com/g6Oi8qwU2Y — SpaceX (@SpaceX) April 23, 2021 After a successful launch and main engine cutoff, stage separation was confirmed and the second […]

Tesla Increases Price of Model 3 and Model Y, Yet Again

Tesla has again increased prices of the Model 3 and Model Y again in the U.S., in what continues to be the electric automaker tweaking its prices, yet again (via @SawyerMerritt). The new increases come two weeks after Tesla had hiked prices by $500 to $1,000, depending on the configuration. Check out the changes below […]

Electrify Canada Offering Free EV Charging on Earth Day Nationwide

Electrify Canada has announced it will offer Canadians free electrical vehicle charging on Earth Day, Thursday, April 22, at all of its fast-charging stations nationwide. The Volkswagen subsidiary says it will not charge EV drivers for charging sessions from: 12:00am EDT April 22 through 3:00am EDT April 23 “Driving electric is an impactful action consumers […]

Tesla 2021.4.16 Software Update Rolling Out: What’s New

Tesla released its 2021.4.16 software update this evening, detected on a Model 3 in China, according to @TeslaFi. Software version 2021.4.16 was just detected on a Tesla Model 3 Long Range in Sichuan China on https://t.co/uh4cmi9Zso. Follow the release at https://t.co/b5bCWrKlB8 — TeslaFi (@teslafi) April 20, 2021 This update doesn’t contain the highly anticipated next version […]

Honda Unveils Electric SUV Prototype at Shanghai Auto Show

Honda on Monday unveiled its SUV e:prototype at the Shanghai Auto Show, which the company says is slated to go on sale in spring 2022 in China, as the first Honda-branded EV in the country. The Japanese automaker didn’t share more details on its SUV e:prototype, other than saying it “pursued dynamic, yet smooth acceleration […]

Elon Musk Confirms Fatal Tesla Crash Was Not on Autopilot, Slams WSJ

Tesla CEO Elon Musk confirmed on Monday afternoon the fatal crash involving a Tesla Model S was not on Autopilot, despite what local police had suspected in Harris County in Houston, Texas. Musk responded to Ahmad A Dalhat (@Amart15416132), who had questioned the Wall Street Journal’s take on the story. “This doesn’t make sense. There […]