

News
SEC questioned Elon Musk’s commitment to the Twitter Deal in June
The U.S. Securities and Exchange Commission (SEC) recently released a letter to Elon Musk in June, questioning his commitment to the $44 billion Twitter deal.
The letter reveals that SEC wanted Elon Musk to amend his public 13D filing to reflect his intention to suspend or abandon the Twitter deal. It was a response to Musk’s May 17 tweet, where he stated that the $44 billion “deal cannot move forward” until Twitter provided more data on spam and fake accounts. Based on the letter dated June 2, SEC interpreted Musk’s tweet as meaning he would “suspend completion of the acquisition.”
The letter is evidence that SEC has been closely monitoring Musk’s Twitter takeover. According to Reuters, securities lawyers expect SEC to scrutinize Musk’s public statements to determine if he misled the market.
Musk’s lawyers replied to SEC’s letter on June 7, arguing that the tweet did not require an amendment to the public filing because the deal did not change. Around the same time, Musk’s camp sent a letter to Twitter which was included in his 13D securities filing. The letter to Twitter revealed Musk’s belief that Twitter was “actively resisting and thwarting his information rights” by refusing to disclose information about spam and fake accounts.
Elon Musk vs. Twitter News Roundup
Twitter filed a lawsuit against Elon Musk in the Delaware Court of Chancery earlier this week. The social media company aims to force Musk to finalize the $44 billion acquisition.
Last week, Elon Musk submitted a SEC filing announcing the termination of his Twitter takeover. The filing included a letter outlining the reasons for the deal’s termination, which are listed below.
- Information related to Twitter’s process for auditing the inclusion of spam and fake accounts.
- Information related to Twitter’s process for identifying and suspending spam and fake accounts.
- Daily measures of mDAU for the past eight (8) quarters
- Board materials related to Twitter’s mDAU calculations
- Materials related to Twitter’s financial condition.
In its lawsuit filing, Twitter claims that Musk acted in “bad faith” and decided to terminate the deal after the “market started turning.”
“Having mounted a public spectacle to put Twitter in play, and having proposed and then signed a seller-friendly merger agreement, Musk apparently believes that he — unlike every other party subject to Delaware contract law — is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away,” noted Twitter in its complaint.
Read SEC’s June 2 letter below.
SEC questioned Elon Musk’s commitment to the Twitter Deal in June by Maria Merano on Scribd
The Teslarati team would appreciate hearing from you. If you have any tips, contact me at maria@teslarati.com or via Twitter @Writer_01001101.

News
Starlink gets green light to launch internet services in Vietnam
Vietnam has given Starlink the green light. With mobile & aviation plans in the mix, SpaceX continues its push into Asia.

Starlink received the green light to launch its internet services in Vietnam.
The Vietnamese government noted SpaceX’s permission to launch Starlink services in the country is on a trial basis. Starlink’s trial period will last until the end of 2030. SpaceX has a subscriber limit of 600,000 within the trial period.
SpaceX can provide Starlink’s fixed and mobile internet service plans throughout Vietnam. It may also offer Starlink Aviation service plans.
According to Reuters, the Vietnamese government noted that there is no limit to foreign ownership of a service. It is uncertain if SpaceX has applied for a license to launch Starlink services in Vietnam.
Vietnam’s decision to permit Starlink services in the country differs from Italy’s decision to pause discussions regarding SpaceX’s internet service. According to Italy’s Defense Minister Guido Crosetto, discussions of a Starlink deal with SpaceX have “come to a standstill. Crosetto cites the controversy surrounding Elon Musk as the reason for the pause on a Starlink deal. Italy was discussing a potential $1.6 billion, 5-year Starlink contract with SpaceX.
SpaceX is also trying to launch Starlink in India. The aerospace company has already signed deals with two of India’s top telecom companies for Starlink services. However, Starlink is still waiting for regulatory approval.
While waiting for regulatory approvals and license processing, SpaceX continues to improve its Starlink services. Recently, news broke that the Elon Musk-led company has plans to launch a new Starlink dish with gigabit speeds.
News
Tesla UK celebrates momentous delivery milestone
Tesla just delivered its 250,000th EV in the UK, marking a major milestone! The lucky owners? A family of four who got a Model 3.

Tesla recently delivered its 250,000th electric vehicle (EV) in the United Kingdom (UK). The American EV maker delivered its 200,000th car in the UK on March 28, 2024.
The 250,00th Tesla vehicle delivered in the UK was handed over to the Cotters, a small family of four with two children. The Cotters received a Tesla Model 3, showing that it still has a place among families.
Tesla UK sales increased by over 20% in February, with almost 4,000 units sold. Last month, the Tesla Model 3 and Model Y ranked second and third, respectively, as the UK’s most popular cars. The Mini Cooper was the UK’s most popular car in February.
Tesla’s brand in the United Kingdom appears untainted by the recent controversy surrounding Musk, leading people in the United States to vandalize Tesla vehicles, stores, and Superchargers.
In the United States, the FBI has created a task force to squash Tesla attacks and end the acts of “domestic terrorism.” At least four people have been arrested related to Tesla attacks, one of which drove a car into a group of people protesting in front of a Tesla store. The other three allegedly threw Molotov cocktails at Tesla vehicles, stores, and Superchargers.
Wall Street analysts have acknowledged the adverse effect anti-Tesla sentiments could have on the company stock. However, the Tesla attacks have little to no impact on analysts’ recent Tesla target price estimates or predictions.
A few analysts have reduced their Tesla price targets as the first quarter ends. Wells Fargo’s Colin Langan cut Tesla’s price target to $130, while RBC slashed it to $320. However, some analysts maintained their price target, like Canaccord Genuity.
“Our estimate is informed by our opinion that some consumers are delaying vehicle purchases to access the new Model Y and 4Q24 earnings call commentary regarding Model Y-related factory retooling limiting production…We wonder whether purchase decision delays and production limitations are being misinterpreted as halted overall momentum for Tesla,” Canaccord analysts noted.
News
Here’s where Waymo is launching autonomous robotaxis next
Waymo has its sights set on three new U.S. cities in the months to come.

Google parent company Waymo has announced plans to bring its self-driving robotaxis to yet another U.S. city, adding to the list of those it plans to deploy the service to in the next several months.
On Tuesday, Waymo announced in a press release that it will be bringing its autonomous ride-hailing vehicles to Washington D.C. in 2026, after it recently announced plans to start deploying the services in Atlanta, Georgia, and Miami, Florida, sometime in 2025. The D.C. services will utilize the Waymo One app, unlike some of the cities which will roll out through a partnership agreement.
“Waymo One is making fully autonomous driving a reality for millions of people across the U.S.” said Tekedra Mawakana, Waymo Co-CEO. “We’re excited to bring the comfort, consistency, and safety of Waymo One to Washingtonians, those who work and play in the city every day, and the millions of people from around the world who travel to the District every year.”
The company says it plans to continue working closely with legislators on regulations needed to operate driverless vehicles in D.C. Additionally, Waymo says it’s currently operating over 200,000 fully autonomous, paid driverless ride-hails per week, as Tesla and others aim to enter the commercial robotaxi space in the coming months.
This video shows the strength of Tesla's vision-based approach.👀🤖
There are very few, if any, advanced driver-assist systems today that will be able to navigate a road like this without specific training.pic.twitter.com/sSAUhjYp7V
— TESLARATI (@Teslarati) March 5, 2025
Gonna be pretty tough to do the Waymo approach in a road like this.
— TESLARATI (@Teslarati) March 5, 2025
READ MORE ON WAYMO: Ex-Waymo CEO dismisses Tesla, Cybercab: ‘They’re a car company with a driver-assist system’
“I’ve experienced firsthand how safely the Waymo Driver operates around pedestrians, cyclists, and other vulnerable road users,” writes Jonathan Adkins, the CEO of the Governors Highway Safety Association. “Waymo has worked with GHSA and our first responder network as they’ve expanded their service, always putting safety first. As someone who walks to work almost every day, I’m excited to share the road with Waymo in Washington, D.C.”
Waymo also recently launched its robotaxi services will deploy in a partnership with Uber in Austin, Texas, where Tesla also has a so-called Gigafactory and plans to roll out its own robotaxi services later this year. The company currently operates paid driverless ride-hailing or early testing in the following cities, primarily in the U.S.:
- San Francisco, California
- Larger San Francisco Bay Area Metro, California
- Los Angeles, California
- Phoenix, Arizona
- Austin, Texas
- Miami, Florida (early pilot testing)
- Tokyo, Japan (early pilot testing)
The news also comes as Tesla aims to roll out its first unsupervised drives with its in-house Full Self-Driving (FSD) software this summer, along with rolling out initial robotaxi ride-hailing services. While the company doesn’t currently operate any paid ride-hailing like Waymo One, the company’s vehicles can generate real-time training data from drivers with FSD Supervised engaged.
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