Elon Musk, on paper the world’s wealthiest human, threatens to go supernova beneath the stress of his appearances within the Epstein Information, porn accusations, his swimsuit towards OpenAI and Microsoft, the self-dealing merger of SpaceX and xAI (previously Twitter), and Tesla’s ever-changing enterprise mannequin.
Forgive the strained metaphor, however the man is pushing his luck past all cheap bounds, even in an period of utter unreality.
Epstein Information Embarrassment
Final June, Musk made his notorious declaration that “Donald Trump is within the Epstein Information. That’s the reason they haven’t been made public.”
Sadly for Musk, he’s everywhere in the Epstein Information as properly and this new tranche has been significantly embarrassing for him.
Right here’s what we knew about Musk & Epstein as of 2019 per Self-importance Truthful:
Epstein remained a fixture in elite circles even after he was a registered intercourse offender. A number of years in the past, for instance, he was a visitor at a dinner in Palo Alto hosted by LinkedIn cofounder Reid Hoffman for the MIT neuroscientist Ed Boyden. On the dinner, Elon Musk launched Epstein to Mark Zuckerberg. (“Mark met Epstein in passing one time at a dinner honoring scientists that was not organized by Epstein,” Zuckerberg spokesman Ben LaBolt informed me. “Mark didn’t talk with Epstein once more following the dinner.”)
In an electronic mail, Elon Musk responded: “I don’t recall introducing Epstein to anybody, as I don’t know the man properly sufficient to take action, Epstein is clearly a creep and Zuckerberg shouldn’t be a pal of mine. A number of years in the past, I used to be at his home in Manhattan for about half-hour in the midst of the afternoon with Talulah [Riley], as she was interested by assembly this unusual particular person for a novel she was writing. We didn’t see something inappropriate in any respect, other than bizarre artwork. He tried repeatedly to get me to go to his island. I declined.”
A Musk spokesperson additionally emailed: “Elon by no means launched Jeffrey Epstein to Mark Zuckerberg and doesn’t know both particular person properly sufficient to take action. They merely occurred to be company at a neuroscience dinner organized by Reid Hoffman.”
The Guardian paperwork how the newest tranche of Epstein recordsdata contradict Musk’s 2019 claims:
Emails within the recordsdata seem to point out the 2 cordially messaging one another on two separate events to make plans for Musk to go to Epstein’s island.
The paperwork embody Musk and Epstein emailing in each 2012 and 2013 to find out when Musk ought to make the journey to Little St James. Neither exchanges seem to have resulted in Musk visiting the island, resulting from logistical points.
“Will probably be within the BVI/St Bart’s space over the vacations. Is there an excellent time to go to?” Musk states on 13 December 2013.
“any day 1st – eighth . play it by ear if you’d like. at all times area for you,” Epstein replies.
Musk then sends a number of emails relaying his schedule, and the 2 decide on 2 January as a date for the go to. The e-mail trade ends with Epstein telling Musk that he would wish to stay in New York and sending his regrets that they may not meet.
“Dangerous news- Sadly , my schedule will maintain me in New York . I used to be actually wanting ahead to lastly spending a while along with simply enjoyable because the agenda. so i’m very disenchanted. Hopefully we will schedule one other time within the close to future,” Epstein wrote.
In November 2012, Epstein despatched Musk an electronic mail asking “how many individuals will you be for the heli to island”.
“Most likely simply Talulah and me. What day/night time would be the wildest occasion in your island?” Musk replied, in an obvious reference to his former spouse Talulah Riley.
Musk adopted up with an electronic mail on 25 December in response to a different Epstein message that inspired him to go to and supplied use of his helicopter.
“Do you have got any events deliberate? I’ve been working to the sting of sanity this yr and so, as soon as my youngsters head dwelling after Christmas, I actually wish to hit the occasion scene in St Barts or elsewhere and let unfastened. The invitation is way appreciated, however a peaceable island expertise is the other of what I’m in search of,” Musk wrote.
“Understood , I’ll see you on st Barth, the ratio on my island would possibly make Talilah uncomfortable,” Epstein responded.
“Ratio shouldn’t be an issue for Talulah,” Musk stated.
On 2 January 2013, Musk despatched Epstein an electronic mail suggesting that the go to wouldn’t happen saying: “Logistics received’t work this time round.”
Futurism paperwork Elon’s floundering post-reveal:
First, Musk acted like nothing occurred. He questionably reshared an AI-generated video of an anime-style baby, posted political memes, and spoke of his chatbot Grok’s skill to probe the Universe itself. It was solely in an after-midnight tweet that he lastly addressed the elephant within the room.
“Nobody pushed more durable than me to have the Epstein recordsdata launched and I’m glad that has lastly occurred,” Musk wrote. “I had little or no correspondence with Epstein and declined repeated invites to go to his island or fly on his ‘Lolita Categorical’, however was properly conscious that some electronic mail correspondence with him could possibly be misinterpreted and utilized by detractors to smear my title.”
…
The desperation solely bought extra palpable because the posts went on. Musk responded to a screenshot of reports headlines about his newly revealed ties to Epstein — none of which had been all that sensationalized — along with his favourite chorus that “Legacy media lies relentlessly.”However as his replies continued to refill with screenshots of the emails, Musk tried a brand new protection: that he was so good with “younger girls” that he had no cause to solicit the providers of the billionaire baby intercourse offender.
“If I really wished to spend my time partying with younger girls, it might be trivial for me to take action with out the assistance of a creepy loser like Epstein,” Musk fumed, earlier than boasting about his unbelievable psychological capability. “And I might nonetheless have 99% of my thoughts accessible to consider different issues. However I don’t.” (X customers identified a tweet Musk made in 2022 lamenting that he hadn’t “had intercourse in ages (sigh).”)
The publish, puzzlingly, was made in reply to Grok. Musk was arguing not along with his personal critics, however his AI chatbot that’s infamous for being carefully aligned along with his private views.
He has additionally tried to draw consideration to different tech figures who had been within the Epstein recordsdata to distract from himself.
Is that the sound of a swell-head billionaire going supernova?
And the Epstein Information are only a sideshow for Elon, he’s bought authorized battles to battle.
Grok: Porn Purveyor
We’ll begin with the authorized case the place Elon is enjoying protection.
Hassle began in January when reviews like this one from The Atlantic emerged.
Earlier this week, some individuals on X started replying to pictures with a really particular sort of request. “Put her in a bikini,” “take her costume off,” “unfold her legs,” and so forth, they commanded Grok, the platform’s built-in chatbot. Many times, the bot complied, utilizing pictures of actual individuals—celebrities and noncelebrities, together with some who seem like younger youngsters—and placing them in bikinis, revealing underwear, or sexual poses. By one estimate, Grok generated one nonconsensual sexual picture each minute in a roughly 24-hour stretch.
And now France is raiding the X Paris workplace and there’s hassle within the UK, by way of the BBC:
The French places of work of Elon Musk’s X have been raided by the Paris prosecutor’s cyber-crime unit, as a part of an investigation into suspected offences together with illegal information extraction and complicity within the possession of kid pornography.
The prosecutor’s workplace additionally stated each Musk and former X chief government Linda Yaccarino had been summoned to seem at hearings in April.
In a separate improvement, the UK’s Data Commissioner’s Workplace (ICO) introduced a probe into Musk’s AI device, Grok, over its “potential to supply dangerous sexualised picture and video content material.”
The Washington Publish is in effective hand-wringing type because it tries to elucidate how Musk bought himself into this specific pickle:
Since leaving his position overseeing the U.S. DOGE Service in Might, Musk has change into a continuing presence at xAI’s places of work — at instances sleeping there in a single day — as he has pressed to extend Grok’s reputation, in response to two of the individuals. In assembly after assembly he has championed a brand new metric, “person lively seconds,” to granularly measure how lengthy individuals spent conversing with the chatbot, in response to two of the individuals.
As a part of this push for relevance, xAI embraced making sexualized materials, publicly releasing attractive AI companions, rolling again guardrails on sexual materials and ignoring inner warnings concerning the probably critical authorized and moral dangers of manufacturing such content material, in response to interviews with greater than a half-dozen former workers of X and xAI, in addition to a number of individuals aware of Musk’s pondering — a few of whom spoke on the situation of anonymity for worry {of professional} retribution — and paperwork obtained by The Publish.
…when xAI merged its enhancing instruments into X in December, giving anybody with an account the power to make an AI image, it allowed sexual photographs to unfold at unprecedented pace and scale…
That behind-the-scenes shift in xAI’s philosophy burst into public view final month, when Grok generated a wave of sexualized photographs, putting actual girls in sexual poses, similar to suggestively splattering their faces with whipped cream, and “undressing” them into revealing clothes, together with bikinis as tiny as a string of dental floss. Musk appeared to egg on the undressing in posts on X.
Grok additionally generated 23,000 sexualized photographs that seem to depict youngsters, in response to estimates from the nonprofit Middle for Countering Digital Hate.
Reuters has a little bit extra:
After Musk’s social media firm X introduced new curbs on Grok’s public output, 9 Reuters reporters gave it a collection of prompts to find out whether or not and beneath what circumstances the chatbot would generate nonconsensual sexualized photographs.
Whereas Grok’s public X account is not producing the identical flood of sexualized imagery, the Grok chatbot continues to take action when prompted, even after being warned that the topics had been weak or can be humiliated by the images, the Reuters reporters discovered.
X and xAI didn’t handle detailed questions on Grok’s era of sexualized materials. xAI repeatedly despatched a boilerplate response saying, “Legacy Media Lies.”
…
The Reuters reporters – six males and three girls within the U.S. and the UK – submitted absolutely clothed pictures of themselves and each other to Grok between January 14 – 16 and between January 27 – 28. They requested the chatbot to change the photographs to depict them in sexually provocative or humiliating poses.Within the first batch of prompts, Grok produced the sexualized photographs in response to 45 of 55 situations. In 31 out of these 45 circumstances, Grok had additionally been warned that the topic was significantly weak. In 17 out of the 45 circumstances, Grok generated photographs after being particularly informed they’d be used to degrade the particular person.
Tremendous-villain or wealthy fool going supernova out of desperation to monetize a horrible funding (or possibly it wasn’t)? Time will inform.
Let’s transfer on to the swimsuit the place Elon is on offense.
Suing OpenAI and Microsoft
I meant to incorporate this in my January publish about Microsoft and OpenAI however ran out of time & area.
The Instances (UK) has a good abstract of what supernova Elon is as much as by suing an organization he co-founded and their largest company patron:
Elon Musk is in search of damages of as much as $134 billion from OpenAI and its long-time backer Microsoft, claiming he deserves the “wrongful beneficial properties” each corporations obtained from his early assist.
In a federal court docket submitting on Friday, Musk’s lawyer claimed the ChatGPT proprietor gained between $65.5 billion and $109.4 billion from Musk’s contributions when he co-founded OpenAI with its chief government Sam Altman in 2015, whereas Microsoft, which has a 27 per cent stake in OpenAI, gained between $13.3 billion and $25.1 billion.
“With out Elon Musk, there’d be no OpenAI. He supplied the majority of the seed funding, lent his repute, and taught all of them he is aware of about scaling a enterprise. A pre-eminent knowledgeable quantified the worth of that,” Musk’s lawyer, Steven Molo, stated.
…
OpenAI stated it was an “unserious demand” by Musk and a part of what it stated was his “harassment marketing campaign” towards OpenAI. Each OpenAI and Microsoft challenged Musk’s damages claims in a separate submitting on Friday.
The Wall Road Journal has a little bit extra:
Musk was the first funder within the AI firm’s early days, however he and Altman quickly had an influence battle over management of the enterprise. In 2018, Musk stepped down from the board and stopped giving cash to OpenAI in 2020, the lawsuit stated.
…
In January, greater than 100 paperwork had been unsealed as a part of the persevering with authorized battle. The paperwork embody texts and emails between Musk and Altman; transcripts of depositions from Musk, Altman and Microsoft CEO Satya Nadella; and even personal diary entries from (OpenAI President Greg) Brockman.
…
Musk’s attorneys additionally pointed to non-public journal entries written by OpenAI’s Brockman in 2017, obtained as a part of authorized discovery, as proof that the OpenAI founders “secretly had different plans” concerning the firm’s company construction, in response to a latest court docket submitting.
“We’ve been pondering that possibly we should always simply flip to a for revenue,” Brockman allegedly wrote in a personal journal entry. “Making the cash for us sounds nice and all.”
This OpenAI blogpost titled “The reality Elon neglected” claims that “and Elon agreed in 2017 {that a} for-profit construction can be the following section for OpenAI; negotiations ended once we refused to provide him full management; we rejected his supply to merge OpenAI into Tesla; we tried to search out one other path to attain the mission collectively; after which he stop OpenAI.”
OpenAI CSO Jason Kwon has fired quite a few pictures throughout Musk’s bow they usually’re price a search for these following the case.
The case is predicted to go to trial in April. FWIW, Polymarket offers supernova Elon a 55% probability of successful.
However let’s get to the true meat of this publish, the foremost strikes Musk is making.
Merging SpaceX and xAI
Musk is merging xAI (previously Twiter) and SpaceX, the corporate with this motto on its homepage: “Making life multiplanetary. SpaceX was based beneath the idea {that a} future the place humanity is out exploring the celebrities is basically extra thrilling than one the place we’re not.”
And right here’s how SpaceX is describing the deal on its web site in a memo titled “xAI joins SpaceX to Speed up Humanity’s Future“:
SpaceX has acquired xAI to type essentially the most bold, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based web, direct-to-mobile gadget communications and the world’s foremost real-time data and free speech platform. This marks not simply the following chapter, however the subsequent e-book in SpaceX and xAI’s mission: scaling to make a sentient solar to grasp the Universe and prolong the sunshine of consciousness to the celebrities!
Present advances in AI are depending on massive terrestrial information facilities, which require immense quantities of energy and cooling. World electrical energy demand for AI merely can’t be met with terrestrial options, even within the close to time period, with out imposing hardship on communities and the setting.
In the long run, space-based AI is clearly the one strategy to scale. To harness even a millionth of our Solar’s vitality would require over 1,000,000 instances extra vitality than our civilization at present makes use of!
The one logical resolution subsequently is to move these resource-intensive efforts to a location with huge energy and area. I imply, area known as “area” for a cause. 😂
By straight harnessing near-constant solar energy with little working or upkeep prices, these satellites will rework our skill to scale compute. It’s at all times sunny in area! Launching a constellation of 1,000,000 satellites that function as orbital information facilities is a primary step in direction of turning into a Kardashev II-level civilization, one that may harness the Solar’s full energy, whereas supporting AI-driven purposes for billions of individuals at present and making certain humanity’s multi-planetary future.
Adopted by 9 paragraphs of nonsense about orbiting information facilities.
The Data has a number of thousand phrases price of information on this chart:
— Nat Wilson Turner (@natwilsonturner) February 3, 2026
The Wall Road Journal has a extra all the way down to Earth clarification of the newly shaped personal firm valued at $1.25 trillian:
Elon Musk stated SpaceX acquired xAI, a deal that mixes his highly effective rocket-and-satellite enterprise along with his artificial-intelligence startup that’s dealing with steep competitors.
The mixture brings collectively a mature and dominant firm in SpaceX, with one that’s in a nascent stage. SpaceX operates a fleet of reusable rockets, spacecraft that ferry astronauts to orbit, and Starlink, the world’s largest satellite tv for pc fleet that gives broadband web to thousands and thousands of consumers worldwide.
Musk’s xAI, like different AI corporations, is coaching large-language fashions and runs Grok, a chatbot built-in into the X social-media platform. XAI is dealing with formidable competitors from OpenAI, Anthropic, DeepMind and others.
The Monetary Instances boils down what Elon is as much as very succintly:
Elon Musk pulled off one of the crucial audacious offers of his profession on Monday, merging SpaceX with xAI to create essentially the most priceless personal firm in historical past.
The $1.25tn merger combines the billionaire’s dominant rocket maker along with his lossmaking AI start-up and social media community X.
Musk stated the transfer was wanted to launch information centres into area, construct factories on the moon and colonise Mars.
Supporters have praised the tie-up as additional proof of his genius, profiting from his reusable rockets and Starlink community of satellites, mixed with the info from X and fashions from xAI.
His critics see it as the newest instance of economic engineering, utilizing his private model and SpaceX to prop up xAI because it burns by way of $1bn of money a month.
“Not one of the valuations are primarily based on any rational a number of,” stated one one who has invested in xAI. “They’re all buying and selling off Elon.”
Gary Marcus has a fairly spicy take that I endorse:
For me anyway, the maths ain’t mathing. Buying and selling SpaceX at sixty instances 2025 income appears, um, optimistic, however at the very least they’ve a near-monopoly on each low-cost rackets and satellite tv for pc web infrastructure. In distinction, buying and selling xAI at a thousand instances income when they’re in an more and more crowded area the place everyone seems to be being pressured into worth wars appears nuts. If I owned SpaceX shares I might really feel like Elon manner overpaid for his personal firm. For not that rather more they may have purchased Anthropic, which has had far broader adoption and much much less controversy hooked up to it.
Anybody bear in mind Tesla’s acquisition of Musk’s SolarCity, and the way that turned out?
And irrespective of how silly and implausible the SpaceX/xAI mixture might sound, there’s an analyst on CNBC speaking about one thing even stupider: merging them each with Tesla.
Axios additionally spins exhausting for Musk’s SpaceX/xAI combo, or possibly it’s tongue in cheek sarcasm as a result of it appears like BS to me:
Elon Musk is making one of the crucial audacious strikes within the historical past of enterprise and tech, arguably betting his empire on the concept of orbital information facilities which can be powered by the solar.
Don’t be stunned if this can be a prelude to a future merger with Tesla, which not too long ago invested $2 billion into xAI.
Tesla would make the chips, SpaceX can be answerable for launch and satellites, and xAI would construct the fashions and agentic networks.
It’s credulous MSM protection just like the above that retains the masks of unreality firmly affixed on Musk and retains Tesla’s inventory worth utterly indifferent from the fact of its abysmal fundamentals.
George Noble has an edifying take:
xAI is burning by way of $1 billion per thirty days.
The corporate generated $107 million in income final quarter whereas hemorrhaging $1.46 billion in losses. It burned practically $8 billion in money by way of the primary 9 months of 2025.
That’s not a enterprise.
SpaceX in the meantime generated $8 billion in revenue on $15-16 billion of income final yr. It’s the ONLY Musk firm that truly prints cash.
So what do you do when your AI startup is drowning in crimson ink forward of your mega-IPO?
You fold the cash-burner into the entity that may nonetheless increase absurd quantities of capital.
And we’ve actually seen this actual factor earlier than:
In 2016, Tesla acquired SolarCity for $2.6 billion.
SolarCity was bleeding money, drowning in debt, and buying and selling close to all-time lows.
Tesla – the one Musk firm on the time that might entry the capital markets – absorbed it.
Wall Road analysts known as it a “bailout dressed as synergy.” Tesla’s inventory dropped 10% on the announcement.
The SpaceX/xAI deal is similar playbook.
$TSLA – Right this moment SpaceX is probably going money move optimistic. Publish the xAI merger it’s doubtless not. Combining with Tesla doesn’t assist as it’s money move unfavorable too. A $3trn mixed EV implies > $500bn required annual FCF in 10 years time or 5x present income. pic.twitter.com/0ursFFZTxT
— LostFundamentals (@LostFundamental) February 4, 2026
Is Musk Going Supernova As a result of Tesla Is Flailing?
Aaskash Gupta has extra:
The mathematics is wild. Earlier than the merger, Musk owned 42% of SpaceX (valued at $800B) and 49% of xAI (valued at $250B). After combining them, his 43% stake within the merged entity is price $542 billion. The mixed valuation jumped to $1.25 trillion, which is $200 billion greater than the sum of the components. That $200 billion in new worth appeared as a result of Musk stated so. No new income. No new product. No exterior purchaser setting the worth.
That is the third time he’s finished this in beneath a yr. March 2025, xAI acquired X in a inventory deal. January 2026, Tesla invested $2 billion of shareholder cash into xAI whereas shareholders are actually suing Musk for conflicts of curiosity over founding xAI within the first place. February 2026, SpaceX acquires xAI within the largest merger in historical past. Every transaction reprices the belongings upward. Every one has Musk on either side of the desk.
And xAI is burning $1 billion a month making an attempt to compete with OpenAI and Anthropic. SpaceX generates 80% of its income launching its personal Starlink satellites. Tesla simply posted its first annual income decline on report. The corporate he used to fund xAI is shrinking. The corporate absorbing xAI makes most of its cash from itself.
The play is clear: bundle all the pieces collectively, inflate the mixed valuation, IPO at $1.5 trillion, and let public markets soak up the chance. That is the SolarCity playbook at 100x scale.
Motorhead makes an attempt to elucidate of their newest publication:
The rumors of a potential Tesla + SpaceX merger after horrible earnings and steerage at Tesla final week, and yesterday’s announcement of a SpaceX and xAI merger, are clear indicators of desperation by Musk.
After Musk, who has a 75%+ super-majority voting energy at SpaceX, bought the rocket firm to accumulate xAI—the worst AI among the many main names—it’s solely a matter of time for SpaceX shareholders to launch lawsuits towards Musk and SpaceX.
And that is all as a result of Musk is now feeling the partitions shut in on him extra shortly than ever earlier than. His plan to do that was at all times in place, however expedited after the worse-than-expected outlook for Tesla and final weekend’s disclosure that he reveled with Jeffrey Epstein in his twisted concepts of “enjoyable”.
…
Whereas speak of a $1.5 trillion SpaceX IPO had been round since late final yr, after Tesla’s This fall 2025 earnings name final Wednesday, when Tesla’s CFO dropped a bombshell of a capex steerage in “extra of $20 billion” (147% YoY and 1.4x Tesla’s 2025 working money move of $14.7 billion), rumors all of the sudden emerged that Tesla and SpaceX would possibly merge.The SpaceX numbers being bandied round are stated to be so good that if its IPO raised $50 billion at a $1.5 trillion valuation, it might be silly to not personal Tesla shares, as SpaceX’s steadiness sheet might greater than cowl “in extra of $20 billion” of Tesla’s capex wants for robotaxis, AI compute energy, upkeep capex, and extra, of a number of years (I doubt it).
Will Lockett has extra in his piece titled “Tesla Is Formally In Its Enshittification Period“:
Musk is taking Tesla in a downward spiral of enshittification to line his personal pocket.
…
Finally, all the circumstances of Musk’s $1 trillion pay package deal have been phrased in such a way that Musk can meet them with out really delivering any tangible progress…Tesla has formally discontinued Autopilot for brand new autos within the US and Canada. Now, Tesla bundles it with FSD, so the one strategy to entry this core function is to purchase the $99 FSD subscription.
Autopilot had two options: Visitors Conscious Cruise Management (TACC), which managed pace and following distance, and Autosteer, which actively saved your automobile in lane. The Autosteer is the function that has been paywalled, in order normal, Teslas now solely include TACC.
That’s an insane factor to place behind the FSD paywall and proves simply how determined Musk is.
…
Musk is aware of this. He’s, in my view, an fool, however even his two pesky neurons are able to understanding the implications. Nonetheless, he continues to plough forward anyway, damaging Tesla’s core enterprise in a blatant try to fulfill this awfully worded, arbitrary situation of his ludicrous pay package deal.And that is simply the beginning. I can nearly assure that this choice is not going to improve FSD gross sales sufficient. We are able to anticipate extra of this enshittification to come back. Even the truth that Musk pulled this transfer months earlier than I anticipated him to is a telling signal. It hints at desperation.
This piece from NextPit that sums up Musk’s MO:
Whereas Elon Musk raves about robotic cabs and his robotic Optimus, exams and confessions expose his lies. Are his guarantees of technical milestones merely miscalculated, or deliberate strategic maneuvers to spice up share costs? A actuality test!
In Elon Musk’s world, the longer term shouldn’t be one thing that simply occurs – it’s introduced with massive phrases. Loudly, visionarily, and with nice regularity. However in case you take a more in-depth look, Musk’s grandiose guarantees are usually not the predictions of an incorrigible optimist and mastermind. Relatively, we see a recurring strategic instrument in motion! These bulletins are usually not random visions, however calculated maneuvers. The timing, conspicuously typically simply earlier than the announcement of essential quarterly figures, exposes their main operate: to intentionally affect the share worth and calm nervous traders throughout essential phases. It’s the artwork of controlling the narrative earlier than the naked figures do. Or the brief, extra sincere definition: Elon Musk is mendacity!
I’ll shut with one final quote tweet, from the delightfully named BonkDaCarnivore:
$TSLA has no focus, piss-poor execution, and decay from the highest. It’s a automotive firm whose automotive gross sales are in the bathroom; plus, they’ve missed each deadline they’ve set by themselves by at the very least half a decade. The Roadster is a decade late. Auto-summon (which was alleged to be solved by 2018) nonetheless received’t work in most parking tons. They wasted cash on entering into photo voltaic roofing and executed it like trash. Then they claimed they had been an AI firm for autonomous driving and ended up final to market and years behind their competitors in what shall be a commodity priced area. They get into energy supply – which stays their solely attention-grabbing vertical to this present day – however make investments so little into it that it’s simply ready for a Chinese language firm to come back eat its lunch. And now they’re sinking tens of billions on robots which can be 15 years behind Boston Dynamics and quite a few different corporations, with pie-in-the-sky supply dates for one thing that also can’t even successfully stroll itself.
In the meantime, they’ve traded at a valuation extra than simply about each different automotive firm on the planet mixed and nonetheless commerce at a 400 a number of regardless of declining revenues and big capex spend with no roadmap to ROI.
Oh, and did I point out within the midst of all of this that Elmo routinely commits fraud by taking $TSLA belongings and giving them to his different, privately held corporations with no worth supplied to shareholders for his or her misplaced property? Bear in mind all these $NVDA GPUs Tesla had that he gave to xAI as a result of “Tesla wasn’t utilizing them”? And all of the whereas the one factor he’s efficient at is growing his pay package deal regardless of the truth that, for all his “imaginative and prescient”, he’s an absolute shit CEO that every one of his high expertise flees the second the golden handcuffs are off. Him getting cozy w/ MAGA is simply icing on high of an already rotten cake.
Musk is particular proof of the outdated scammer’s axiom “Go massive or go dwelling,” I’m unaware of anybody in enterprise historical past with such an appalling observe report of dishonesty and but, nobody on Earth can match his monetary success.
The market can definitely proceed to irrationally reward Musk’s antics longer than all however the shrewdest and best-capitalized shorts can keep solvent, however in some unspecified time in the future the Elon Musk supernova might change into a monetary black gap.
