SpaceX Starlink, Starship programs crush funding goals, raise $2 billion

On the heels of a successful ~$350 million fundraising round, SpaceX has crushed its own expectations of a second, far more ambitious fundraiser, likely ensuring stable Starship and Starlink development for years to come. First reported by Bloomberg on July 23rd, SpaceX’s second investment round of 2020 initially pursued $1 billion in funding, boosting the […]

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Tesla somehow doesn’t win J.D. Power’s Tech survey

Tesla finished in second place in J.D. Power’s Tech Experience Index Study, which analyzes a car company’s technologies based on convenience, emerging automation, energy and sustainability, and infotainment and connectivity. Tesla managed to accrue 593 points out of a possible 1,000, finishing in second-place behind Swedish luxury brand Volvo, who scored 617 points. Interestingly enough, […]

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Tesla’s lead has GM rethinking its EV strategy in China

Tesla’s lead in electric vehicle sales in China has General Motors changing its strategy to reverse a decline in demand in the Asian country. During a series of presentations on Wednesday, GM detailed its new plan to roll out a line of electric cars, along with petrol-powered SUVs, and intelligent driving and connectivity in China. […]

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