News
Tesla Model S police cruiser not to blame for mishap, says Fremont PD
The Fremont Police Department released a statement on Thursday evening clarifying reports that its Tesla Model S cruiser ran out of battery during a high-speed pursuit on Interstate 680.
On Monday, the Tesla Model S gained national attention as a journalist contacted the department requesting information regarding a high-speed chase from the Irvington District of Fremont, California to Washington Boulevard. The chase eventually ended up on Interstate 680, heading south toward San Jose, CA. The journalist released a portion of the police scanner recordings from the chase, where the officer driving the Model S told other units in the pursuit that he would have to abandon due to his battery running low.
However, the suspect then drove onto the shoulder of the interstate, passing a vehicle in an increasingly unsafe manner. The Sargeant of the Fremont PD then made the decision to halt the pursuit of the vehicle as it was becoming more of a public safety risk. All three police units disengaged the vehicle, and the chase was stopped after about 10 miles.
When the Sargeant made the announcement to stop pursuing the vehicle, the Tesla Police Cruiser was at a nearby charging station. The statement from the Fremont PD stated, “at no time did the battery of the Tesla become a factor in our ability to pursue the suspect or perform our duties. This situation, while embarrassing, is no different from cases where a patrol car runs low (or even dry) of fuel.”
Fremont’s statement noted that the journalist who released the initial story contacted the department with questions and subsequently published the article. It reached the national spotlight due to public interest. Fremont Police were sure to clarify the fact that the Tesla having to drop out of the chase could have happened to any vehicle and that they recommend each officer have at least half of a tank of gas or half a battery charge when they begin their shift. “While not policy, we recommend officers begin their shift with at least a half tank of gas or in this case, a battery charge of 50%. On this date, our officer driving the Tesla noted approximately 50% of battery life when he began his shift,” they said. The fact that the vehicle had to stop was in no way the fault of the Model S.
In fact, the department has been so pleased with their Tesla cruiser, they have already had initial talks about buying a second vehicle, most likely a Model X. “So far, the vehicle is performing extremely well, and has exceeded our expectations. We are already in initial conversations about testing a second vehicle, likely an SUV model, and we look forward to providing our initial results in the near future,” Captain Sean Washington said.
The Fremont PD stated that their Model S police cruiser has outperformed their expectations and they are extremely happy with its performance, as they have tracked the performance of the vehicle since its induction into the police force. “Over the last six months, data on range, performance, equipment, and other elements has been gathered by officers through its use as a patrol vehicle. During this time we have documented two police pursuits, where the vehicle met and exceeded expectations.”
Fremont is the location of the original Tesla Factory. The company bought the facility in 2010. Previously, it was the home of General Motors from 1962 to 1982 and eventually, Toyota also produced vehicles there. Tesla and Toyota worked conjunctively to work toward producing electric vehicles. Tesla officially opened the factory as its own on October 27, 2010.
Read the full statement from the Fremont Police Department below:
Our Department has unfortunately been in the news this week for an incident involving our electric police patrol vehicle (Tesla Model S). We first deployed the Tesla in March of this year as a fully outfitted patrol vehicle. Over the first six months, the performance feedback and initial data collection has been very positive and we are in early discussions of expanding the program. During a pursuit last Friday night, the battery charge began to run low, and we’d like the opportunity to clarify and provide additional context with regard to what occurred.
On Friday afternoon, a patrol officer checked out our Tesla patrol vehicle at the start of his shift and noticed the battery was half-charged. A typical battery at full charge ranges from 220-240 miles and during an 11 hour patrol shift, Fremont patrol officers drive approximately 70-90 miles. While not policy, we recommend officers begin their shift with at least a half tank of gas or in this case, a battery charge of 50%. On this date, our officer driving the Tesla noted approximately 50% of battery life when he began his shift. While the vehicle is routinely charged between shifts, on Friday the vehicle had just been returned from our Corporation Yard. The vehicle is regularly returning at the end of every shift with 40-60%, if not more, of the battery charge remaining.
Nine hours into the officer’s shift, at 11:05 p.m., he became involved in a vehicle pursuit that lasted a total of 8 minutes. The pursuit began in our Irvington District and traveled on Washington Blvd., before merging southbound onto I680 towards San Jose. Within minutes, two additional Fremont patrol units were behind the Tesla and in the pursuit. Additionally, the California Highway Patrol (CHP) was notified and responding. As standard protocol, once CHP has sufficient units, they take over our pursuits on the freeway.
The pursuit spanned approximately 10 miles and at times exceeded 110 mph. Regular updates regarding the speed, location, general traffic and roadway conditions were provided by the second officer in the pursuit. Just before the pursuit ended at 11:13 p.m., the officer driving the Tesla responsibly notified his cover units he was going to have to back out of the pursuit because his battery was running low. Just after they passed the Montague Expressway exit, the suspect drove on the left shoulder of the road to pass a vehicle. At that time, the Fremont Police Sergeant monitoring the pursuit gave orders to terminate to ensure public safety. All three units deactivated their emergency equipment and returned to normal driving conditions. At that point, the Tesla was driven to a nearby charging station and the additional Fremont units returned to the City. CHP located the unoccupied vehicle in the area of I680 and the Berryessa exit. At no time did the battery of the Tesla become a factor in our ability to pursue the suspect or perform our duties. This situation, while embarrassing, is no different from cases where a patrol car runs low (or even dry) of fuel.
In recent years police radio traffic has become readily accessible through phone applications and its common practice for news media and even community members to monitor and even record. On Monday, a local journalist contacted our Department requesting additional details regarding the pursuit. The journalist subsequently wrote an article and released a portion of our radio traffic. Since that time, the Department has received numerous media inquiries regarding the vehicle’s battery. Unfortunately, public interest in the original story propelled it into the national spotlight.
Over the last six months, data on range, performance, equipment, and other elements has been gathered by officers through its use as a patrol vehicle. During this time we have documented two police pursuits, where the vehicle met and exceeded expectations. Our final results and data will ultimately help us determine if the EV technology meets current patrolling applications and cost effectiveness. We remain dedicated to our continued research into the benefits of using electric vehicles and the effects they have on our environment. We hope to share our initial data and feedback soon.
Captain Sean Washington stated, “So far, the vehicle is performing extremely well, and has exceeded our expectations. We are already in initial conversations about testing a second vehicle, likely an SUV model, and we look forward to providing our initial results in the near future.”
For more information on our electric vehicle pilot program, visit www.fremontpolice.org/electricvehicle.
Investor's Corner
Musk’s biggest bettor Ron Baron reveals massive SpaceX IPO bet
Renowned investor Ron Baron, founder and CEO of Baron Capital, has once again demonstrated his unwavering faith in Elon Musk’s ventures.
Just after SpaceX’s record-breaking IPO, Baron announced he purchased an additional $1 billion in SpaceX (NASDAQ: SPCX) shares. This move pushes Baron Capital’s total holdings in the company to a staggering $25 billion in market value, underscoring one of the most successful private-to-public investment stories in recent history.
Baron’s relationship with SpaceX dates back to 2017, when his firm began investing approximately $1.75–2 billion through secondary markets and employee tender offers at valuations around $20–22 billion.
By the time of the IPO, which valued SpaceX at over $2 trillion with shares closing near $161, those early stakes had generated more than $13 billion in unrealized gains. Post-IPO, Baron’s position ballooned further, reflecting the company’s meteoric rise driven by reusable rocketry, Starlink’s global satellite internet constellation, Starshield defense applications, and ambitious plans for orbital infrastructure.
In a recent interview, Baron articulated his bullish outlook with characteristic enthusiasm.
Ron Baron said today that he bought $1 billion of @SpaceX IPO shares last Friday, and said that all of Baron Capital’s $SPCX holdings are now worth $25 billion.
“I think we’re going to make hundreds of billions of dollars; If you read the prospectus, you realize what they… pic.twitter.com/U8F471KtJS
— Sawyer Merritt (@SawyerMerritt) June 15, 2026
“I think we’re going to make hundreds of billions of dollars,” he stated, emphasizing that SpaceX’s achievements in rocketry and satellite technology are “not possible for anyone else to accomplish.” He envisions the company as a cornerstone of humanity’s multi-planetary future, potentially reaching valuations of $10–30 trillion within 10–15 years.
Baron has repeatedly affirmed he has no plans to sell, viewing SpaceX as a “lifetime investment” alongside Tesla.
Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA
This conviction stems from SpaceX’s unparalleled execution. The company has revolutionized access to space with Falcon 9 reusability, deployed thousands of Starlink satellites, and is advancing Starship for Mars missions and point-to-point Earth transport.
Baron highlights emerging opportunities like space-based AI data centers and direct-to-cell satellite connectivity, positioning SpaceX at the forefront of a new space economy projected to generate trillions in value.
Critics may question the lofty projections amid high valuations and execution risks, but Baron’s track record speaks volumes. His Tesla holdings, initiated in the mid-2010s, have also delivered outsized returns. As one of the largest institutional holders of SpaceX pre-IPO, Baron Capital’s funds, such as Baron Partners, benefited immensely from valuation markups.
Baron’s $1 billion IPO purchase signals deep confidence in SpaceX’s post-IPO trajectory. In an era of short-term market noise, his strategy exemplifies patient capital: backing visionary leadership and transformative technology.
For investors watching the space sector, it serves as a powerful endorsement that the final frontier may indeed yield the next great wealth-creation engine. As Baron puts it, SpaceX isn’t just building rockets—it’s trying to “save humanity” by expanding our horizons beyond Earth.
News
SpaceX maintains bold advertising push for Starlink, contrasting Tesla’s minimalistic approach
SpaceX and Tesla, the two flagship companies under Elon Musk’s leadership, share a commitment to groundbreaking technology yet pursue dramatically different paths in how they connect with customers.
Tesla has built its brand through a philosophy of minimal traditional advertising, trusting that exceptional products will generate their own momentum.
SpaceX, by contrast, has embraced high-visibility paid advertising for its Starlink satellite internet service, placing prominent spots during major live sporting events such as the Super Bowl and the recent UFC Freedom 250. This divergence highlights how each company tailors its marketing to the unique demands of its products and target markets.
Tesla’s approach stems directly from Musk’s long-held conviction that superior engineering sells itself. Musk has repeatedly explained that the company redirects resources into research and development rather than endorsements or television commercials.
Tesla’s growth has relied instead on organic channels: enthusiastic owner referrals, viral product reveals like the Cybertruck, extensive media coverage of launches and achievements, and the sheer visibility of its vehicles on roads everywhere.
Even as the company has tested more social media promotions in response to fluctuating demand, its overall strategy remains restrained and digital-focused compared to legacy automakers that pour hundreds of millions into marketing annually.
SpaceX has taken a more assertive route with Starlink to drive widespread consumer awareness. In February of this year, SpaceX aired its first-ever Super Bowl advertisement, marking the initial time any Musk-led enterprise invested in the massive event.
The thirty-second spot emphasized fast and affordable internet available nearly anywhere on the planet, blending inspiring footage of Falcon 9 and Starship landings with narration drawn from science fiction visionary Arthur C. Clarke. United Airlines complemented this with its own Super Bowl commercial showcasing Starlink-enabled high-speed Wi-Fi on flights.
🚨 Starlink Super Bowl ad! https://t.co/pEdH1KevBj pic.twitter.com/01onakkoqX
— TESLARATI (@Teslarati) February 9, 2026
But that is not all SpaceX has done to get word out about its internet service.
Just last night, Starlink branding appeared prominently on the octagon and during the broadcast of UFC Freedom 250, the high-profile event staged on the White House South Lawn. These placements represent a strategic investment in reaching massive, engaged audiences.
🚨 Starlink ads have appeared on the UFC Freedom 250 broadcast on Paramount+ pic.twitter.com/VPAAhDR6LI
— TESLARATI (@Teslarati) June 15, 2026
The rationale behind SpaceX’s advertising push lies in Starlink’s distinct position as a consumer broadband service. Unlike Tesla’s visually striking cars that act as mobile billboards for early-adopter enthusiasts, Starlink must overcome awareness gaps in rural, remote, and mobile markets where traditional internet infrastructure falls short.
Starlink now serves as SpaceX’s leading revenue generator, with ambitions tied to future growth and potential public offerings. Targeted advertising during sports broadcasts efficiently demonstrates real-world reliability for applications ranging from home connectivity to aviation and live event broadcasting.
Partnerships with airlines and mobile providers further extend its reach, while high-profile placements help convert curiosity into subscriptions amid competition and regulatory considerations.
Ultimately, these contrasting strategies reflect the different maturity levels and competitive landscapes each business navigates. Tesla benefits from built-in visibility and a passionate community that amplifies its message at little cost.
Starlink, operating in the more fragmented broadband sector, requires deliberate efforts to educate and attract mainstream users. By leveraging the spectacle of major sporting events where Tesla once declined to participate, SpaceX is accelerating Starlink toward global ubiquity.
This flexibility underscores a key lesson: even the most innovative companies must adapt their tactics to the practical realities of their markets and customer acquisition challenges.
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”