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E-Book Review: “Owning Model S” – The Definitive Guide to Buying and Owning the Tesla Model S
Nick Howe’s “Owning Model S” book has been receiving rave reviews from Model S owners and enthusiasts worldwide. But despite the temptation to purchase it, I held off on buying the paperback because I’ve been waiting for the e-book version. Well it’s finally here and I’m ecstatic to be reviewing it.
The e-Book
I consider myself pretty well read on the Model S from browsing through forums and blogs, but what surprised me most about ‘Owning Model S’ was that there was an abundance of hidden tips and useful information on the Model S that I never knew about. Not only is the book rich with content and contains excellent narratives, diagrams and pictures, but it’s also really well structured.
Forums are great for an interactive social discussion and you have the patience to comb through the noise, but they can drive you crazy if you’re just trying to find a specific piece of information! The book reads really well from front to back and also serves as a great reference guide. The sections are laid out in a very organized manner which allows you to quickly find the information you’re looking for.
As $16.95 the book may run a bit pricier than other traditional e-books, but given the considerable amount of time that went into the research and production of the book, I think it’s worth every penny.
e-Book Benefits
I usually install my e-book on multiple devices ranging from my desktop computer, a laptop computer, my iPhone 5 (and later 6) and my iPad mini. My e-books can be read on many popular devices. Having this type of access allows me to read it wherever I am and regardless of my device.
e-Books also come with a quick search capability that your traditional paperback doesn’t have. With the e-book you’re able to search by keyword and jump directly to the information you need. Much like a physical book you can also highlight sections of the book and mark key pages. The images in ‘Owning Model S’ are in high quality so you’re able to pinch zoom without it being distorted.
I made the move to all e-books years ago for many of the reasons above and I think the e-book format is the only way to go.
e-Book Challenge
Authors like Nick Howe have to be concerned about people copying his work and distributing it freely. That means Nick needed to protect his work through a Digital Rights Management (DRM) system. I’ve never published an e-book before but one thing I do know is that it’s possible to get published on the Amazon Kindle store. Considering Amazon provides readers for all platforms including one of the most popular e-book readers in the world, it’s hard to understand why ‘Owning Model S’ did not go down this path, thus limiting itself to distribution and convenience for its readers.
For “Owning Model S” they went with an Adobe DRM format that requires a special e-book reader you’re not likely to have used before. The process for getting the reader involves registering an account with Adobe (many people won’t have accounts with Adobe before this), downloading the reader (not by Adobe if on a mobile device) and finally opening the encrypted book which you should have received via email after purchasing online from EVAnnex. You’ll have to repeat this set up using the special reader on every device that you intend on using.
It’s confusing and it’s a pain. But to their credit, they do provide helpful instructions on how to move through the process. Amazon Kindle is unfortunately not supported, and don’t even think about reading this from your Model S 17″ touchscreen.
Other features missing from the reader is the ability to synchronize your read position across devices and the ability to select and copy text. Another really odd feature or lack thereof is the ability to click on URLs. And since you can’t copy text, there’s no way for you to copy the URL and paste it into a browser.
Ultimately, ‘Owning Model S’ is one of the most comprehensive guides for the Model S and a must have by all owners. I would love to see Nick put the book on the Amazon store one day and open distribution up to more devices and potential readers.
The Model S is an amazing feat of technology, but you don’t have to be a geek to drive it. That said, you shouldn’t have to be a tech savvy geek to be able to read about it either.
Elon Musk
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
Investor's Corner
SpaceX makes $20 billion move to optimize its balance sheet
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
Elon Musk
SpaceX confirms third massive compute deal at Colossus data center
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
