Connect with us

News

Tesla takes over Tulsa, Oklahoma’s famous “Golden Driller” statue

Credit: Perfect Little Planet on YouTube

Published

on

Tesla is welcome in Tulsa, Oklahoma, and the city’s leading authorities are revising an oil statue in Expo Square by adding the signature “T” logo that is infamously associated with the California-based electric car maker. The Oklahoman city with a rich history in oil drilling is turning tides, looking to initiate a future of clean-sustainable energy, catalyzed by the company leading the electric vehicle industry.

The push for the electric automaker to come to the City located in Northwest Oklahoma continues as the infamous Golden Driller has had the Tesla “T” painted across his chest. The statue, notable for its significance as a symbol of the city’s rich history in oil drilling, also is having Tesla CEO Elon Musk’s face painted on it.

It is unclear what entity is behind the painting, according to Mark Andrus, who is the president and CEO of Expo Square, after he told Tusla World that he declined to comment who painted the Driller’s updated look.

However, Andrus says that Expo Square is happy to play a part in the attempt to woo Tesla to bring its largest Gigafactory to date to Tulsa.

A town rich in oil culture with plenty of drilling companies still in existence, Tulsa appears to be ready to embrace the electric transportation revolution fully. The Driller’s new-found inspiration meets the indication of this as the statue shows all signs of moving from an oil driller to a Tesla-supporting driver.

Advertisement
-->

The case for electric transportation infiltrating a prevalent location for oil drilling seems to hint toward a transition in the favorable source of energy for vehicles. Just eight years ago, in 2012, Tusla was listed as a potential candidate to be named “Oil Capital of the World” by the American Oil and Gas History Society.

Now, the same town continues to petition for attention from the world’s largest and most successful electric automaker, as battery-electric vehicles become more popular across the globe.

The new factory could provide a substantial positive economic impact in Tulsa, providing perhaps over 10,000 jobs. Tesla’s upcoming Giga Berlin plant in Germany is expected to employ 12,000 people, but the company has stated that its newest facility will be the biggest yet.

This means at least 12,000 people are going to be used in Austin or Tulsa, providing plenty of people with manufacturing jobs in the state.

After Elon Musk announced that his company would be building a new production facility in the central United States, Texas emerged as the favorite due to Musk’s consistent mentioning of the Lone Star State.

Advertisement
-->

Despite Texas’ appeal to the Tesla CEO, Tulsa was named as another potential location. While many U.S. states petition for the right of housing, the automaker’s newest factory, Tulsa and Austin, Texas, have emerged as the two favorites, according to sources who discovered Tesla’s preferences late last week.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

Advertisement
Comments

News

SpaceX reportedly mulling IPO, eyeing largest of all time: report

“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock,” Musk said.

Published

on

Credit: SpaceX

SpaceX is reportedly mulling an initial public offering, eyeing what would be the largest valuation at the time of availability of all time, a new report from Bloomberg said on Tuesday.

It is one of many reports involving one of Elon Musk’s companies and a massive market move, as this is not the first time we have seen reports of an IPO by SpaceX. Musk himself has also dispelled other reports in the past of a similar nature, including an xAI funding round.

SpaceX and Musk have yet to comment on the report. In the past, untrue reports were promptly replied to by the CEO; this has not yet gained any response, which is a good sign in terms of credibility.

Musk has discussed a potential IPO for SpaceX in recent months, as the November 6 shareholder meeting, as he commented on the “downsides” of having a public company, like litigation exposure, quarterly reporting pressures, and other inconveniences.

Nevertheless, Musk has also said he wants there to be a way for Tesla shareholders to get in on the action. At the meeting in early November, he said:

Advertisement
-->

“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock.”

Additionally, he added:

“Maybe at some point., SpaceX should become a public company despite all the downsides of being public.”

Musk has been historically reluctant to take SpaceX public, at times stating it could become a barrier to colonizing Mars. That does not mean it will not happen.

Bloomberg’s report cites multiple unidentified sources who are familiar with the matter. They indicate to the publication that SpaceX wants to go public in mid-to-late 2026, and it wants to raise $30 billion at a valuation of around $1.5 trillion.

Advertisement
-->

This is not the first time SpaceX has discussed an IPO; we reported on it nine years ago. We hope it is true, as the community has spoken for a long time about having access to SpaceX stock. Legendary investor Ron Baron is one of the lucky few to be a SpaceX investor, and said it, along with Tesla, is a “lifetime investment.”

Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA

The primary driver of SpaceX’s value is Starlink, the company’s satellite internet service. Starlink contributes 60-70 percent of SpaceX’s revenue, meaning it is the primary value engine. Launch services, like Falcon 9 contracts, and the development of Starship, also play supporting roles.

Continue Reading

News

SpaceX reaches incredible milestone with Starlink program

Published

on

Credit: SpaceX

SpaceX reached an incredible milestone with its Starlink program with a launch last night, as the 3,000th satellite of the year was launched into low Earth orbit.

On Monday, SpaceX also achieved its 32nd flight with a single Falcon 9 rocket from NASA’s Kennedy Space Center.

The mission was Starlink 6-92, and it utilized the Falcon 9 B1067 for the 32nd time this year, the most-used Falcon booster. The flight delivered SpaceX’s 3000th Starlink satellite of the year, a massive achievement.

There were 29 Starlink satellites launched and deployed into LEO during this particular mission:

SpaceX has a current goal of certifying its Falcon boosters for 40 missions apiece, according to Spaceflight Now.

The flight was the 350th orbital launch from the nearby SLC-40, and the 3,000 satellites that have been successfully launched this year continue to contribute to the company’s goal of having 12,000 satellites contributing to global internet coverage.

There are over five million users of Starlink, the latest data shows.

Following the launch and stage separation, the Falcon 9 booster completed its mission with a perfect landing on the ‘Just Read the Instructions’ droneship.

Advertisement
-->

The mission was the 575th overall Falcon 9 launch, highlighting SpaceX’s operational tempo, which continues to be accelerated. The company averages two missions per week, and underscores CEO Elon Musk’s vision of a multi-planetary future, where reliable connectivity is crucial for remote work, education, and emergency response.

As Starlink expands and works toward that elusive and crucial 12,000 satellite goal, missions like 6-92 pave the way for innovations in telecommunications and enable more internet access to people across the globe.

With regulatory approvals in over 100 countries and millions of current subscribers, SpaceX continues to democratize space, proving that reusability is not just feasible, but it’s also revolutionary.

Continue Reading

News

Tesla expands new Full Self-Driving program in Europe

Published

on

Credit: Tesla Europe & Middle East/X

Tesla expanded its new Full Self-Driving program, which gives people the opportunity to experience the company’s suite, in Europe.

Tesla recently launched an opportunity for Europeans to experience Full Self-Driving, not in their personal vehicles, but through a new ride-along program that initially launched in Italy, France, and Germany back in late November.

People could experience it by booking a reservation with a local Tesla showroom, but timeslots quickly filled up, making it difficult to keep up with demand. Tesla expanded the program and offered some additional times, but it also had its sights set on getting the program out to new markets.

It finally achieved that on December 9, as it launched rides in Denmark and Switzerland, adding the fourth and fifth countries to the program.

Tesla confirmed the arrival of the program to Denmark and Switzerland on X:

Advertisement
-->

The program, while a major contributor to Tesla’s butts in seats strategy, is truly another way for the company to leverage its fans in an effort to work through the regulatory hurdles it is facing in Europe.

Advertisement
-->

Tesla has faced significant red tape in the region, and although it has tested the FSD suite and been able to launch this ride-along program, it is still having some tremendous issues convincing regulatory agencies to allow it to give it to customers.

CEO Elon Musk has worked with regulators, but admitted the process has been “insanely painful.”

The most recent development with FSD and its potential use in Europe dealt with the Dutch approval authority, known as the RDW.

Tesla says Europe could finally get FSD in 2026, and Dutch regulator RDW is key

Tesla said it believes some regulations are “outdated and rules-based,” which makes the suite ineligible for use in the European jurisdiction.

Advertisement
-->

The RDW is working with Tesla to gain approval sometime early next year, but there are no guarantees. However, Tesla’s angle with the ride-along program seems to be that if it can push consumers to experience it and have a positive time, it should be easier for it to gain its footing across Europe with regulatory agencies.

Continue Reading