Elon Musk
Canaccord reaffirms Tesla’s price target of $404 after Giga Texas visit

Canaccord Genuity reaffirmed its price target of $404 for Tesla after a visit to Gigafactory Texas. The investment firm sees an optimistic future for Tesla in the long term despite near-term headwinds.
Canaccord analysts reiterated its “Buy” rating for TSLA stock and revised Tesla’s Q1 2025 delivery estimates from ~331,000 vehicles to ~362,000 units. The firm’s first-quarter delivery estimates for Tesla reveal its optimistic take on the company’s future, even though it is still below the consensus estimate of ~417,000 vehicles.
“Our estimate is informed by our opinion that some consumers are delaying vehicle purchases to access the new Model Y and 4Q24 earnings call commentary regarding Model Y-related factory retooling limiting production…We wonder whether purchase decision delays and production limitations are being misinterpreted as halted overall momentum for Tesla. While we do suspect there has been some macroeconomic/brand impact, we, again, do estimate 1Q25 deliveries are mostly being impacted by supply constraints–as well as some demand factors,” Canaccord Genuity noted.
Canaccord analysts recently visited Tesla Giga Texas and left with optimism for the American electric vehicle (EV) maker.
“It’s hard not to be impressed with how future-forward Tesla is–whether it’s vehicle design or manufacturing. Consistently rethinking the status quo,” Canaccord Genuity analysts commented.
Analysts highlighted Tesla’s progress with Full Self-Driving, specifically version 13.2.8. They noted that Tesla’s unboxed manufacturing strategy would boost production efficiencies. Canaccord Genuity analysts also mentioned that Tesla’s robotaxi services will launch in Austin in the summer.
“For investors with duration and grit, there is a silver-linings playbook,” the Canaccord Genuity analysts concluded.
Canaccord Genuity reflects Elon Musk’s recent stock market advice during the Tesla All-Hands keynote. Musk advised investors to invest in companies with products they love, highlighting that Tesla has a few great products and will continue to launch more.
“Tesla stock goes up and goes down, but actually, it’s still the same company,” Musk noted.
Elon Musk
Elon Musk highlights the biggest flaw in X’s monetization program
Elon Musk also stated that YouTube manages creator payments “much better.”

Elon Musk has admitted that X’s creator payout system isn’t living up to expectations, and he has highlighted the current system’s biggest flaw.
Amidst complaints about low and inconsistent payments, the platform’s owner acknowledged that X has been “underpaying and not allocating payment accurately enough.” Musk also stated that YouTube manages creator payments “much better.”
Musk acknowledges payout issues
Recent discussions about the social media platform’s payout issues began when X product head Nikita Bier stated that the company was developing new upgrades for “power users.” This prompted X user Peter Duan to raise ongoing concerns about being “consistently underpaid” compared to his peers. Bier responded candidly, suggesting that “creator payouts do more harm than good and we need to off-ramp to a different system.”
Musk then weighed in on the matter, contradicting Bier’s view. “No,” Musk wrote in his reply, “the issue is that we are underpaying and not allocating payment accurately enough. YouTube does a much better job.” The Tesla CEO’s comment immediately reignited debates about X’s monetization program, which some have criticized for its rather unpredictable nature.
X’s monetization challenges
Since X launched its ad revenue-sharing program in 2023, the system has promised to reward Premium subscribers who generate high engagement with verified accounts, as noted in a WION report. Creators, however, have argued that the company’s payout model has remained inconsistent, with revenue fluctuating even when view counts stay stable. Reports have noted that some users with millions of monthly impressions have received just a few hundred dollars.
By contrast, YouTube’s Partner Program, which takes a 45% cut of ad revenue, is known for more transparent and predictable payments. Musk’s admission that YouTube handles monetization more effectively could then hint at a potential shift towards a new monetization program for X, a platform that has become increasingly critical to social conversations over the years.
Elon Musk
Tesla’s pay package saga with Elon Musk enters its final chapter

Tesla has made a last-ditch effort to secure the $56 billion pay package for CEO Elon Musk, which was approved twice by company shareholders, after a Delaware Chancery Court denied the frontman the payday.
Perhaps one of the biggest issues from a standpoint of being fluent in Tesla-related events has been Musk’s pay package.
It was approved by shareholders once in 2018, and required Musk to oversee various growth tranches that would bring investors value. He completed each of the tranches and was entitled to the pay package.
However, the Delaware Chancery Court decided in January 2024 to rescind the pay package, which Musk had earned, based on a suit filed by a shareholder.
Chancellor Kathaleen McCormick ruled that Tesla’s board lacked independence from Musk when the pay package was approved in 2018, and that it should not be granted.
She called it “an unfathomable sum.”
In response to the pay package’s rejection by Chancellor McCormick, Tesla held a second shareholder vote last year, which once again showed investors were willing to support Musk’s payday. It was approved by shareholders, but it was once again denied by the court.
Today, Tesla attorneys argued to the Delaware Supreme Court that the pay package should be restored because of last year’s vote by shareholders.
Jeffrey Wall, an attorney for Tesla, said (via Reuters):
“This was the most informed stockholder vote in Delaware history. Reaffirming that would resolve this case. Shareholders in 2024 knew exactly what they were voting.”
In a response to the decision by the Delaware courts last year, Tesla proposed a new pay package for Musk in September, which would give him a potentially $1 trillion compensation plan. It would require Musk to help Tesla reach several performance-based growth milestones, including achieving an $8.5 trillion market cap.
Elon Musk’s new pay plan ties trillionaire status to Tesla’s $8.5 trillion valuation
Musk is currently worth $483 billion, making him the richest person in the world. If he were to achieve his pay package tranches, granted the new pay package is passed at the Shareholder Meeting in November, he would easily be the first trillionaire.
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.

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.”
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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