Stories by Sarah Lee-Jones

Tesla Fremont Factory Production Back Up and Running Says Elon Musk [Update]

Earlier today, Bloomberg reported Tesla’s Fremont factory was shutting down some of its Model 3 production lines, corroborating an earlier report from Sawyer Merritt. Now, Tesla CEO has clarified the matter in an email to employees, obtained by @SawyerMerritt: BREAKING: I have received an email that Elon has sent out to employees earlier today addressing […]

SpaceX to Launch 60 Starlink Satellites on Sunday, February 28

SpaceX announced on Wednesday it is targeting its next Falcon 9 launch of 60 Starlink Satellites for the end of February. “Static fire test complete – targeting Sunday, February 28 at 8:37 p.m. EST for launch of Starlink from LC-39A,” said SpaceX earlier today. Static fire test complete – targeting Sunday, February 28 at 8:37 […]

Nova Scotia Announces $3,000 Electric Vehicle Rebate

The province of Nova Scotia in Canada announced on Wednesday its new investments in climate change, which includes a new electric vehicle rebate. Nova Scotia says it will invest $19 million CAD ($15.1 million USD) into rebates for clean heating of homes and also electric vehicle purchase. Half of this fund will be invested into […]

Tesla Vehicle Sales May Hit 800,000 in 2021, Says Report

According to new research from Asian publication, Digitimes, it expects electric vehicle (EV) automaker, Tesla, to hit 800,000 in vehicle sales for 2021. Digitimes Research says it forecasts Tesla selling 800,000 vehicles globally this year, with the lion’s share of sales (90.4%) to be from “more price friendly” Model 3 and Model Y. “Tesla sold […]

SpaceX Confirms $850 Million Raise in Equity Financing

Last week, it was reported by CNBC that SpaceX had raised $850 million in new funding, selling shares at $419.99 USD, putting the valuation of Elon Musk’s company at about $74 billion USD. On Tuesday, SpaceX confirmed the $850 million funding, as disclosed in a Securities and Exchange Commission (SEC) Form D (via Reuters). The filing […]