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Tesla Model Y goes up for grabs in new climate action raffle

The Tesla Model Y crossover. (Credit: Tesla)

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There is something extra special about being one of the first owners of a vehicle that has the potential to change the auto industry as we know it. The Tesla Model Y is such a vehicle, and you can be one of the first owners of this all-electric crossover thanks to an initiative by a leading voice in the ongoing and escalating fight against climate change.

The CCAN Action Fund is a nonprofit created to inspire climate-friendly changes in public policy at the local, state, and national levels to directly address the ever-prevalent threat of global warming. The group’s activities span several programs, from voter education, lobbying, and direct participation in the electoral process.

Among the issues that concern the nonprofit is the electrification of the transportation sector. Cars, trucks, and other forms of transport account for almost 30% of the United States’ climate pollution. Thus, electric vehicles like Teslas, which only get cleaner over time, contribute to lowering the overall emissions of the transportation sector. For the CCNA Action Fund, it only makes sense to hold a fundraising raffle and give away one of the most highly-anticipated all-electric cars today: the Tesla Model Y.

Support climate change and enter in a chance to win a Tesla Model Y via CCAN Action Fund, the advocacy arm of the Chesapeake Climate Action Network

Following last year’s fundraising success, helped by the Tesla community’s efforts to raffle off a new Tesla Model 3, the CCAN Action Fund is back this year looking to raise another round in its fight against climate change.

In partnership with Teslarati, CCAN supporters have a chance to take home a rare Tesla Model Y Dual Motor AWD! Winners of the raffle will have the option to customize their Model Y according to their preference, with the nonprofit allotting its prize money for the purchase of a Dual Motor AWD vehicle with 19″ Gemini Wheels, all-black interior, and blue, silver, black, or white paint. CCAN will also cover the federal tax payments associated with the prize.

Credit: Teslarati

The Tesla Model Y Dual Motor AWD is expected to be one of the most important electric cars that will be released in recent years. Priced aggressively like its Model 3 sedan sibling and equipped with bleeding-edge tech and a range of 315 miles per charge, the Model Y has the potential to disrupt the crossover industry, which just happens to be one of the market’s fastest-growing segments today. Based on sightings from the Tesla community, Model Y deliveries are likely to start very soon.

Tickets for the CCAN Action Fund’s Tesla Model Y raffle are worth $100 each, and only 3,000 will be allocated before being sold out. Because this is a fundraising effort for climate action, the Tesla Model Y will be raffled off regardless of the number of tickets sold, making the odds of winning anywhere from an incredible 1 in hundreds chance of winning to an amazing 1 in 3000 chance.  

The Tesla Model Y drawing will be held on May 1, 2020 at 4:54 EST, regardless of the number of tickets that are purchased.

Interested participants in the CCAN Action Fund’s Tesla Model Y raffle could click here.

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Some of our teammates have been friends with members of the Chesapeake Climate Action Network over the past few years. In support of their cause and through a sponsorship with their climate action fund, Teslarati has been helping our friends raise much-needed funds that will help their mission to institute climate policies with local governments. 

Please consider helping. Entering in a raffle with amazing odds to take home a Tesla Model Y doesn’t hurt either 🙂

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Elon Musk

Elon Musk sheds two new bits of detail on Starship after 13th test launch

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Credit: SpaceX

Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.

SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.

The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.

SpaceX Starship just nailed something it’s never done before

Nevertheless, more details are coming out about Starship, and Musk is doing the talking.

Starship Will Be Retrieved in the Ocean

Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.

This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.

Ship Could Have Been Caught by Tower Arms, Musk claims

Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.

A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.

It is a necessity to make life multiplanetary.

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Elon Musk

Elon Musk updates the SpaceX timeline for Mars

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Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.

The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.

Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”

The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”

Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.

Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.

SpaceX Board has set a Mars bonus for Elon Musk

In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.

The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

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