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

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 🙂
Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
Elon Musk
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.

