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Tesla CEO Elon Musk and fmr VP candidate Tim Walz continue war of words

Elon Musk and Tim Walz continue trading barbs as the former VP candidate called the Tesla CEO a “greedy bastard.”

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Credit: MINISTÉRIO DAS COMUNICAÇÕES, CC BY 2.0 , via Wikimedia Commons | Tim Walz on X

Tesla CEO Elon Musk and former Vice Presidential candidate Tim Walz are continuing their war of words against one another as the Minnesota politician made more comments last evening.

Musk then responded to those comments today in a post on X.

Walz said last night that Musk is a “greedy bastard” who did not pay taxes after he became successful. The former VP hopeful also said that “people like Elon Musk” should be demonized:

“Once you become successful, don’t be a greedy bastard and not pay your taxes. I don’t think we should be the party that demonizes someone because they can afford something—they worked hard & got something. We should demonize people like Elon Musk. That’s different.”

These comments from Walz follow previous statements he made about Tesla stock, stating that when it goes down, he gets a boost. These comments were met with criticism from people in various sectors, including Shark Tank’s Kevin O’Leary, who is nicknamed “Mr. Wonderful.”

O’Leary called Walz out for hoping Tesla shares drop as they are a holding in the Minnesota Pension Fund. Walz said the comments were just a joke.

Musk chose to respond to Walz’s comments from last night this morning in a response to the above X post, calling him “a liar”:

Funny enough, Musk has not avoided paying his taxes. In fact, in 2021, he paid the largest single-year tax bill in American history, as he wrote a cheque to the IRS for $11 billion:

Elon Musk’s 2021 taxes equates to over $1.5 million for every day he’s been a US citizen

It is unclear why Walz continues to speak negatively about Musk, especially as it seems he is going out of his way to do so. More than likely, it is to continue pushback against Musk’s involvement with the Trump Administration.

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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

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Elon Musk

Starship’s next chapter: SpaceX eyes tower catch after flawless Flight 11

Elon Musk has revealed the tentative timeframe for Starship’s next milestone that would push the spacecraft’s reusability to a whole new level. 

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Credit: SpaceX

Elon Musk has revealed the tentative timeframe for Starship’s next milestone that would push the spacecraft’s reusability to a whole new level. 

Following Flight 11’s flawless mission, Musk noted on X that SpaceX will be aiming to catch the Starship Upper Stage with its launch tower as early as spring 2026. This should pave the way for SpaceX to start optimizing Starship for maximum reusability.

Flight 11 closes the Starship V2 chapter on a high note

Starship’s eleventh flight, which launched from Starbase, Texas, achieved every major mission objective. The Super Heavy booster completed a successful ascent, hover, and soft splashdown in the Gulf of America, while the upper stage executed an orbit burn, deployed Starlink simulators, and returned with a controlled reentry over the Indian Ocean.

This mission officially closed the chapter on the second-generation Starship and first-generation Super Heavy booster, and it set the stage for a redesigned vehicle built for orbital payload missions, propellant transfer, and beyond. It should be noted that Elon Musk has mentioned on X that Starship V3, at least if things go well, might be capable of reaching Mars.

Elon Musk confirms tower catch attempt set for spring

After Flight 11’s success, Musk confirmed that SpaceX will attempt to catch the Starship Upper Stage with its launch tower arms, fondly dubbed by the spaceflight community as “chopsticks,” in the coming months. Musk’s announcement came as a response to an X user who asked when the tower could start catching the Starship Upper Stage. In his reply, Musk simply wrote “Springtime.” 

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Starship’s reusability is a key feature of the spacecraft, with SpaceX aiming to achieve a launch cadence that is almost comparable to conventional aircraft. For such a scenario to be feasible, launch tower catches of both Starship’s Upper Stage and its Super Heavy booster have to be routine.

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Elon Musk

Tesla launched an ad for Elon Musk’s pay package on Paramount+

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Credit: Tesla

Tesla’s advertising strategy has taken a drastic turn as the company’s upcoming Shareholder Meeting will feature perhaps the most crucial vote in its history: the approval of CEO Elon Musk’s new pay package.

For years, the issue of Tesla’s advertising and marketing strategy has been a major point of conversation for investors in fans. It seems to be split right down the middle, with half wanting Tesla to set aside some money for advertising. The other half, just the opposite.

Tesla has been transparent that the money it would spend on advertising, marketing, and public relations is better set aside for the development of future products.

However, it has recently adopted a different tone in advertising, pushing some commercials on social media platforms like X and Instagram.

For the first time, an ad was seen on streaming services like Paramount+, but it wasn’t promoting Tesla’s products directly. Instead, it was more of a message for shareholders to vote on Musk’s pay package, something Tesla feels is a necessity:

“The future of Tesla is in your hands,” the ad reads at the end. It seems as if Tesla is taking whatever steps it needs to accomplish the task of getting Musk a new pay package and retaining him as its CEO.

On September 5, Tesla officially outlined its plans for a CEO Performance Award for Musk. It would require him to lift Tesla’s market capitalization to about $8.5 trillion, up from the $1.36 trillion it sits at today.

Elon Musk’s new pay plan ties trillionaire status to Tesla’s $8.5 trillion valuation

It is obvious that Tesla is really hoping to get the pay package passed and is willing to shift some of its budget to encourage shareholders to vote.

However, there are some interesting perspectives on the move, and it’s sort of strange to see Tesla not advertising its vehicles or products, but only its pay package that would get its CEO paid.

Some of those who saw the ad are questioning the strategy:

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Tesla mulls revamping $25k car, strange report claims

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Credit: Tine Rusc

Tesla is reportedly mulling the potential revamp of its $25,000 vehicle project, a strange report claims.

It seems unlikely, especially since Tesla launched two new, more affordable models last week with the Model 3 and Model Y Standard trims.

However, a report from European media outlet 36kr claims Tesla has started to advance two vehicle projects, internally codenamed E41 and D50, in China.

People familiar with the matter reportedly told the outlet that “some design and verification reports of the new projects are inherited from the current Model Y and Model 3.”

Tesla axed one of the Model Y’s best features in ‘Standard’ trims: here’s why

These new simplified models would be priced between $5,000 and $5,500 cheaper than what the new ‘Standard’ trims cost. The report also claims that these vehicles would be launched only if the new ‘Standard’ models “fall short of sales expectations.”

This report suggests that potentially more affordable models are being offered, but this seems unlikely, considering Tesla launched the two Standard models just last week, and the only truly affordable model it is working on will be the Cybercab.

However, there is potential for a car to launch that undercuts the newest configurations of the Model 3 and Model Y. As of now, it just seems as if it is something that is far-fetched.

When Tesla’s patent for the unboxed process was published just last month, it seemed more than obvious that the vehicle it would be used for was the Cybercab.

The language used in the patent itself was geared toward more streamlined and quality production and manufacturing, which Tesla must implement to meet the likely demand for the vehicle.

It will be easier to scale vehicles with the unboxed process, and the Cybercab has been routinely mentioned with the sub-$30,000 price tag, even by CEO Elon Musk.

He said during the Q3 2024 Earnings Call:

“I think having a regular 25K model is pointless. It would be silly. Like it would be completely at odds with what we believe…It’s fully considered cost per mile is what matters. And if you try to make a car that is essentially a hybrid, manual, or automatic car, it’s not going to be as good as a dedicated autonomous car. So, yes, Cybercab is just not going to have steering wheels and pedals.”

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