News
Tesla pledges to keep Ukrainian workers’ employment and salary if they serve in military
Tesla employees from Ukraine who have been asked to return to their country to fight in the ongoing war against Russia will keep their employment and be paid their salary for three months. Following the three months, Tesla would reassess the conflict in the region and their employees’ situation to decide what should be done next.
“For any Tesla employee who is a Ukrainian national and has been asked to return to Ukraine for active duty as a reservist, we will maintain their employment and salary for 3 months, with a view to assessing after this period as needed,” the email read.
The message was related in an email sent by Axel Tangen, Tesla’s director of Northern Europe. The message was sent on Monday to employees in the Europe, Middle East, and Africa region, 12 days into the Russian invasion of Ukraine.
Apart from assuring Tesla employees that they will be keeping their employment if they fight in the war, Tangen’s email also extended praise to Tesla workers who helped SpaceX set up Starlink terminals in the country. According to the email, Tesla’s Energy team assembled and provided Tesla Powerwalls to help run Starlink equipment in Ukraine.
Tesla’s Energy team used PV inverters given by the company’s certified installer network, pre-made DC cables given by a Supercharger Installation Partner, and AC cables made out of scrap from Giga Berlin to help set up Starlink stations in Ukraine. With a fleet of Powerwalls supporting the Starlink stations in the country, Ukraine would likely be able to maintain its connection to the internet even when power interruptions happen.
Following is Tangen’s email in full (as retrieved and shared by CNBC).
Date: March 7, 2022 [Time redacted]
Subject: Conflict Support
To: DL-EU-NO-All
From: Axel Tangen
Hi Team,
Sharing this message from Joe Ward and Mariam Khalifa:
As you know, Tesla is committed to do the right thing. Whilst the situation in Ukraine is evolving, we wanted to share with you what actions are being taken to support those impacted by the conflict.
Many folks have reached to understand how they can contribute, which is awesome. It’s important we show them how we as a company are helping, what resources we have in place, and how they can also proactively support themselves. Big thanks to all of the teams that have contributed to these efforts so far – true Tesla spirit on display.
*As a priority HR EMEA team members have been connecting with employees impacted as well as their managers to ensure we check in. We will continue to ensure we provide meaningful and targeted support for our employees.
For any Tesla employees who is a Ukrainian national and has been asked to return to Ukraine for active duty as a reservist, we will maintain their employment and salary for 3 months, with a view to assessing after this period as needed.
*Tesla has opened free Supercharging at stations bordering Ukraine to support those impacted by the recent invasion. Within hours of implementation, Tesla emailed local owners announcing that several Supercharger stations near Ukraine could be used by Tesla and non-Tesla electric vehicles, free of charge. Although Tesla does not officially operates within Ukraine, any of the country’s estimated 5,000 Tesla owners can access free Supercharging at select stations in Poland, Hungary Slovakia.
*Tesla teamed up with SpaceX to provide coverage expansion for its Starlink services to help provide an alternative internet infrastructure.
*Volunteers across the Giga Berlin and Germany Service team responded quickly on Sunday to test, configure, pack and ship several hundred Starlink units which have already been gratefully received by Ukraine’s Digital Transformation Minister. In true Tesla fashion, the solution has been put together in less than 3 days.
*On top of this the Energy team supplemented the Starlink roll out with a fleet Powerwalls. The system included PV inverters given by our Certified installer network, pre-made DC cables given by one of our Supercharger Installation Partners and AC cables made out out of scrap from Giga Berlin. All of it assembled by a team of (40+) volunteers from across the EMEA organization, committed to doing what they can to support.
*In addition, we have reinforced Tesla EMEA Employee Assistance Programme. The Programme offers counseling and numerous resources and support for employees.
Lastly, employees can of course support by making cash donations to reputable relief organizations responding in Ukraine, this is not an exhaustive list and you can of course make donation to an organisation of your choice.
UNCHR
UNICEF
Red Cross
World Food Program
World Health Organization
If you have any further thoughts or ideas with regards how we can be supporting our employees and those impacted by the crisis, please do not hesitate to connect with us.
The Teslarati team would appreciate hearing from you. If you have any tips, reach out to me at maria@teslarati.com or via Twitter @Writer_01001101.
News
Tesla tops American-Made Index for sixth-consecutive year
Tesla is atop the American-Made Index from Cars.com for the sixth-straight year, as the Model 3 and Model Y took the top two spots, respectively.
Last year, the Model 3, Model Y, Model S, and Model X took the top four spots, respectively. The company has routinely performed well in the Index. However, Tesla discontinued its flagship Model S and Model X earlier this year, which took the two cars out of the ranking.
Cybertruck is not considered due to its curb weight being above the 8,500-pound threshold, which eliminates it from being required to have more detailed assembly information.
Cars.com uses five main categories to develop its rankings:
- Location(s) of final assembly
- Percentage of U.S. and Canadian parts
- Countries of origin for all available engines
- Countries of origin for all available transmissions
- U.S. manufacturing workforce
These five major factors are then put into a 100-point scale. The vehicles with the highest scores sit atop the list. The Model 3 edged out the Model Y.
🇺🇸 The Tesla Model 3 and Tesla Model Y have been put atop the American-Made Index from https://t.co/PXZ0g1pPb6, meaning they are the most American vehicles you can possibly buy.
This is the SIXTH-STRAIGHT year a Tesla has been listed as the most American-made vehicle: pic.twitter.com/HyraOmaxSL
— TESLARATI (@Teslarati) June 23, 2026
Tesla uses a strong domestic strategy to build its cars and parts domestically. It relies on intense vertical integration that reduces its dependence on global suppliers, keeping more value and jobs in the United States.
This strategy has helped Tesla gain a strong reputation for domestically produced vehicles and parts. However, it helps it with more than just awards like this one. Keeping a supply chain local has also helped insulate Tesla more than others from tariffs and supply chain disruptions.
This year’s American-Made Index from Cars.com studied nearly 400 vehicles from the 2026 model year. Tesla was the only manufacturer to have an EV inside the Top 10. The Kia EV9 was the next EV to make the list, scoring the 17th position.
The Hyundai IONIQ 5 was 21st, and the final EV to make the list was the Cadillac LYRIQ in 77th.
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.