Investor's Corner
Elon Musk’s near-$10M TSLA investment makes his battle with short-sellers personal
On Monday afternoon, Tesla CEO Elon Musk purchased nearly $10M in Tesla stock (NASDAQ:TSLA). Just a week after an eventful earnings call with analysts and a Youtuber, Musk added 27,097 shares of Tesla to his portfolio. To add some perspective, that’s just .08% of Musk’s total 33,665,421 shares in the company, worth north of $10.2B.
Musk’s stock purchase today wasn’t about increasing his ownership in the company; he has a hefty stock compensation plan for that. Musk was sending a message to the short-sellers of TSLA. The number of short-sellers has surpassed Musk’s holding for the first time in history, now rumored to be near 40M shares.
As of the last reporting date, 4/9/18 (available on 4/24/18), there were 38,258,654 shares held short in the company. That’s the highest in Tesla’s history, making the electric car maker the most shorted company by the amount of equity at stake. There will be an update on the total size of the Tesla short position this Wednesday after markets close, so stay tuned.
While this is nothing new for Tesla, Musk is starting to take it personally. His company is being hit every which way in the media, and that doesn’t feel good. I mean, Bloomberg created a graphic of Musk burning cash with his own flamethrowers, that can’t feel good.
Bloomberg’s Graphic depicting Musk burning Tesla’s cash with his own ‘Boring Company’ flamethrowers.
Graphic: Bloomberg/Getty Image (Animation: Hannah Recht for Bloomberg)
Typically over the past few years, Musk has made several statements acknowledging the high-value the market has placed on his company. Musk’s tone changed last week.
“Oh and uh, short burn of the century coming soon. Flamethrowers should arrive just in time,” Musk tweeted after the company announced they had burned upwards of $1B in free cash flow.
So why should short sellers believe Musk?
Valid question. The very notion of a short position makes it clear they do not believe in Musk. But history is on Musk’s side.
Let’s flashback to April 2013. At the time, I owned shares at Tesla, purchasing the stock just 8 months earlier, shy of $30/share. This was when the Model S production ramp issues and cash burn plagued Tesla’s stock. But on April 1, 2013, Tesla told investors that they should expect a quarterly profit to be reported for the first quarter. The stock shot up 16% that day and continued to rally for several months, gaining 455% over the next 6 months.
Just before these massive gains, Musk warned in a Fox Business interview that he thinks “it is very unwise to be shorting Tesla, it’s very unwise. There is a tsunami of hurt coming for the shorts.”
Musk is again facing similar challenges with the Model 3 — production ramp issues, a media blitz, and a massive amount of cash being burned. While it is still to be seen if Musk and the Tesla team of 42,022 employees can impress investors, I certainly wouldn’t be sleeping comfortably with a Tesla short position.
When asked on Twitter how this ‘upcoming pain’ for shorts compares to the last round, Musk responded with, “It will be next level. These are really big numbers.”
Disclaimer: This column does not necessarily reflect the opinion of Teslarati and its owners. Christian Prenzler does not have a position in Tesla Inc. or any of its competitors and does not have plans to do so in the next 30 days.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Elon Musk
Tesla Semi finally has an FSD timeline and it’s waiting on the Cybercab
Elon Musk told investors Semi self-driving should start working by early 2027, per today’s earnings.
During Wednesday’s’ Tesla Q2 earnings call, an analyst asked Elon Musk when Tesla would look at autonomy for the Semi. His answer set a real timeline for the first time, noting that self-driving on the Tesla Semi is expected to start working “around the end of this year or early next year”.
Musk framed the delay as a matter of priority, not capability. Tesla’s self-driving team is currently focused on Model 3, Model Y, and Cybercab, the vehicles that make up the overwhelming majority of Tesla’s fleet. Since Semi trucks on the road remain a small fraction of that total even after the recent Nevada factory ramp, Musk said it made more sense to keep the software team’s attention on what he called “the march of nines of safety” for the higher volume vehicles first. Autonomous Semi development is “taking a bit of a backseat for the next six months or so,” he said, before adding that it “will definitely be working next year and in time for the scale-up to high production of the Tesla Semi.”
Tesla Semi’s official battery capacity leaked by California regulators
The timeline lines up with what’s already been showing up on public roads. In June, a Tesla Semi was spotted in Sunnyvale wearing a full validation rig, the same rooftop sensor array Tesla mounts on vehicles ahead of an FSD milestone.
A second unit was seen near Fremont days later with a matching camera suite and lens washers. Separately, Tesla analyst Nic Cruz Patane posted video this month of the production Semi’s exterior camera array, ten AI4 based units built directly into the truck rather than added later.
Tesla Semi AI4 cameras. The production version has 10 cameras on its exterior.
These trucks are designed to be autonomous. pic.twitter.com/GH3BamxIBQ
— Nic Cruz Patane (@niccruzpatane) April 14, 2026
Musk also gave the reason autonomy on the Semi matters in the first place, a persistent shortage of qualified truck drivers. “There is a really serious shortage of truckers,” he said on the call, framing a self-driving Semi as important both for addressing that shortage and for improving safety and comfort for the drivers running the truck today.
The timing also tracks with the Semi’s production reality. Tesla’s Q2 shareholder letter, dropped language promising the Semi would reach volume production this year. Musk pointed to 4680 battery cell output as the near-term constraint on Semi and Cybercab production. A software timeline landing in early 2027 gives Tesla’s autonomy team room to work while the hardware ramp catches up behind it.
It’s worth nothing that this isn’t necessarily a promise the Semi ships driverless next year. Musk’s own language, self-driving “working” by early 2027, describes internal validation catching up to hardware already riding on every production truck, not a public unsupervised rollout.
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a massive beat on vehicle deliveries for the second quarter, delivering 489,126 vehicles and building 451,758 cars during the three-month span.
This was a major shock for those on Wall Street as they anticipated somewhere around 400,000 deliveries for the quarter, and showed Tesla still has plenty of demand for its vehicles around the world and in the U.S. despite losing the $7,500 EV Tax Credit last year.
Tesla Q2 2026 Earnings Results
- Non-GAAP EPS – $0.33 reported vs. $0.53 expected
- Revenues – $28.236 billion reported vs. $26.4 billion expected
- Free Cash Flow- -$1.092B
- Profit -$ 4.751B
Tesla (beat/missed) analyst expectations, so the market response to the company’s quarter is what we will look for next.
Tesla shares closed today down just over 1 percent, trading at $374.01.
In the past, it has been anyone’s guess with what Tesla shares will do after they report earnings. Strong quarters have resulted in sharp drops, while lackluster quarters have seen the stock shoot up considerably.
Tesla will hold its Q2 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q2 2026 Earnings Call https://t.co/zZS6ii2TWK
— Tesla (@Tesla) July 22, 2026
Elon Musk claps back at France’s Tesla Full Self-Driving approval delay
Google’s massive stake in SpaceX will shock you
