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Tesla says Tuesday it wants to raise up to billion in capital through a stock offering. The move came the same day that CEO Elon Musk said he has moved from California to Texas. The stock offering is the second for the company in three months. In September Tesla said that it planned to sell up to billion worth of common shares just one day after its 5-for-1 stock split took effect.According to the Associated Press, 10 different brokerage houses will sell the stock offerings, and each will get up to a 0.25% commission. Musk told The Wall Street Journal in an interview that he has switched states, saying that California is complacent with innovators and has taken them for granted.According to the AP, earlier this year, Musk threatened to relocate Tesla’s Palo Alto, California, headquarters and future manufacturing to Texas over a spate with county officials on whether Tesla’s San Francisco Bay Area factory should stay closed due to coronavirus restrictions.Next year, Tesla is scheduled to roll out its new “Cybertruck” pickup and a semi. 1064

Structural Collapse | #Pasadena | 8300 blk Dunn Road | large tree fell on a detached garage occupied by 20+ people | 6 trapped on arrival | all extricated within 45 minutes pic.twitter.com/jZQgqtcl4O— Anne Arundel County Fire Department (@AACoFD) July 5, 2020 267

Survivors of last month's deadly school shooting in Parkland, Florida, are preparing to take their fight for stricter gun control laws to Washington.This week's March for Our Lives is the culmination of a monthlong effort to honor the 17 students and faculty members killed at Marjory Stoneman Douglas High School, and rally Americans across the United States to say enough to gun violence.With momentum from the National School Walkout still going strong, students are demanding that their voices be heard. 515

The bankruptcy filing allows Remington to stay in business while restructuring its massive debt. The company has been planning to reduce its debt by 0 million through the Chapter 11 process and contribute 5 million to its subsidiaries.Remington plans to keep on making guns. The company said, when it first announced its plan to file for bankruptcy in February, that operations "will not be disrupted by the restructuring process."Founded in 1816, Remington is one of the oldest and best-known gun makers in the world. It's owned by Cerberus Capital Management, which plans to shed ownership once the bankruptcy is complete.Remington is headquartered in North Carolina. It makes a variety of handguns, shotguns and rifles at its sprawling 19th-century factory in Ilion, N.Y.Its products include the Bushmaster AR-15-style rifle that was used in the 2012 mass shooting in Newtown, Connecticut. The company has been sued by family members of the Sandy Hook victims.An attorney from the law firm representing those family members said it does not expect the bankruptcy filing to affect its clients' case "in any material way."The company also settled a class action lawsuit a few years ago regarding allegations of defective rifles.The gun industry as a whole has suffered plunging sales and profits under the Trump administration, because consumers are no longer driven by fears of more restrictive gun control with a Republican in the White House who's been endorsed by the National Rifle AssociationAmerican Outdoor Brands, which owns the brand Smith & Wesson, reported dismal earnings earlier this month as did Sturm Ruger in February, and they've laid off hundreds of workers.  1702

Texas Lt. Gov. Dan Patrick blamed Friday's massacre at a high school near Houston in part on "too many entrances and too many exits" on the campus, prompting some to mock his perspective as "door control.""From what we know, this student walked in ... with a long coat and a shotgun under his coat," said Patrick, a Republican who has an A+ rating from the National Rifle Association. "It's 90 degrees. Had there been one single entrance possibly for every student, maybe he would have been stopped." 508

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