News
Elon Musk’s net worth attacked by VT Senator Bernie Sanders
Elon Musk is the richest man in the world with an estimated net worth of over $200 billion. Bernie Sanders, a long-time United States Senator from Vermont, isn’t too pleased about it.
Sanders, a Progressive Independent politician who has run for President on multiple occasions, has been vocal regarding the “issue” of billionaires and having the wealthy business people of the world pay their fair share. With Musk gaining a considerable amount of money in 2020 thanks to Tesla’s unbelievable stock run, he became the subject of a Bernie Sanders rant on Facebook, where the Senator highlighted the growth in the Tesla CEO’s net worth while the U.S. minimum wage has stayed the same.
“Wealth of Elon Musk on March 18, 2020: $24.5 billion
Wealth of Elon Musk on January 9, 2021: $209 billion,” the Senator wrote.
“U.S. minimum wage in 2009: $7.25 an hour
U.S. minimum wage in 2021: $7.25 an hour.
Our job: Raise the minimum wage to at least $15, tax the rich & create an economy for all.”
Musk’s net worth has been attacked by Sanders in the past. In August, Sanders proposed that Musk pay a one-time $27.5 billion tax, which would eliminate 60% of the Tesla CEO’s net worth gain during the COVID-19 pandemic. It was apart of Bernie’s “Americans for Tax Fairness and Institute for Policy,” and Musk wasn’t a fan of it.
— Elon Musk (@elonmusk) August 7, 2020
Musk, who gained the “World’s Richest Person” title last week, does not collect a salary from Tesla and his net worth comes from his 20.8% holding in the electric automaker, which makes him the majority shareholder. The company has gained over 700% in its valuation since last year, mostly because of increased sales figures and its ability to scale production while combating demand, which is as high as its ever been. While many CEOs with a massive net worth spend their dollars on big houses, fast cars, and ritzy vacations, Musk has spent the last year trying to figure out how to make EVs reach price parity with gas cars, while figuring out manufacturing bottlenecks and trying to build a new battery in-house, which will increase energy and range of Tesla’s cars.
In fact, the work rarely stops for Musk. After finding out that he was the world’s richest person, he was relatively unphased. “Back to work,” he said to @TeslaOwnersSV, who notified Musk of his new title.
ALSO READ:
Elon Musk donates to Barstool Fund in support of small business relief fund
Musk also doesn’t own any houses in his company’s home state of California. He sold them all after stating that his possessions weigh him down and his full focus would be turned toward getting humans to Mars.
Despite Musk’s desire to combat climate issues and cut dependence on fossil fuels, he is still the subject of attack from American socialists who are looking for economic equality for all Americans. The question is, where does that money come from? Sanders believes the rich should pay their fair share. But Musk’s net worth is tied up in his massive holdings of TSLA stock, which would force him to dilute his shares and would likely cost him his title as majority stakeholder.
Sanders’ plan to increase the minimum wage has arguments both ways. However, Musk has been a repeated target of Bernie’s because of his net worth. This is just the most recent example.
What do you think? Leave a comment down below. Got a tip? Email us at tips@teslarati.com or reach out to me at joey@teslarati.com.
News
Tesla Full Self-Driving appears to be heading to Europe soon
For years, Musk has said the process for gaining approval in Europe would take significantly more time than it does in the United States. Back in 2019, he predicted it would take six to twelve months to gain approval for Europe, but it has taken much longer.
Tesla Full Self-Driving appears to be heading to Europe soon, especially as the company has continued to expand its testing phases across the continent.
It appears that the effort is getting even bigger, as the company recently posted a job for a Vehicle Operator in Prague, Czech Republic.
This would be the third country the company is seeking a Vehicle Operator in for the European market, joining Germany and Hungary, which already have job postings in Berlin, Prüm, and Budapest, respectively.
🚨Breaking: Tesla is hiring vehicle operators in Prague. pic.twitter.com/CbiJdQLCLj
— Tesla Yoda (@teslayoda) November 19, 2025
This position specifically targets the Engineering and Information Technology departments at Tesla, and not the Robotics and Artificial Intelligence job category that relates to Robotaxi job postings.
Although there has been a posting for Robotaxi Operators in the Eastern Hemisphere, more specifically, Israel, this specific posting has to do with data collection, likely to bolster the company’s position in Europe with FSD.
The job description says:
“We are seeking a highly motivated employee to strengthen our team responsible for vehicle data collection. The Driver/Vehicle Operator position is tasked with capturing high-quality data that contributes to improving our vehicles’ performance. This role requires self-initiative, flexibility, attention to detail, and the ability to work in a dynamic environment.”
It also notes the job is for a fixed term of one year.
The position requires operation of a vehicle for data collection within a defined area, and requires the Vehicle Operator to provide feedback to improve data collection processes, analyze and report collected data, and create daily driving reports.
The posting also solidifies the company’s intention to bring its Full Self-Driving platform to Europe in the coming months, something it has worked tirelessly to achieve as it spars with local regulators.
For years, Musk has said the process for gaining approval in Europe would take significantly more time than it does in the United States. Back in 2019, he predicted it would take six to twelve months to gain approval for Europe, but it has taken much longer.
This year, Musk went on to say that the process of getting FSD to move forward has been “very frustrating,” and said it “hurts the safety of the people of Europe.”
Elon Musk clarifies the holdup with Tesla Full Self-Driving launch in Europe
The latest update Musk gave us was in July, when he said that Tesla was awaiting regulatory approval.
News
Tesla celebrates 75k Superchargers, less than 5 months since 70k-stall milestone
Tesla’s 75,000th stall is hosted at the South Hobart Smart Store on Cascade Road, South Hobart, Tasmania.
Tesla has crossed another major charging milestone by officially installing its 75,000th Supercharger stall worldwide. The electric vehicle maker chose South Hobart, Tasmania, as the commemorative location of its 75,000th Supercharger.
Tesla’s 75,000th Supercharger
Tesla’s 75,000th stall is hosted at the South Hobart Smart Store on Cascade Road, South Hobart, TAS 7004, as noted in a techAU report. The location features four next-generation V4 Superchargers, which are built with longer cables that should make it easy even for non-Teslas to use the rapid charger. The site also includes simplified payment options, aligning with Tesla’s push to make V4 stations more accessible to a broader set of drivers.
For Tasmanian EV owners, the installation fills an important regional gap, improving long-distance coverage around Hobart and strengthening the area’s appeal for mainland travelers traveling by electric vehicle. Similar to other commemorative Superchargers, the 70,000th stall is quite special as it is finished in Glacier Blue paint. Tesla’s 50,000th stall, which is in California, is painted a stunning red, and the 60,000th stall, which is in Japan, features unique origami-inspired graphics.
Accelerating Supercharger milestones
The Tesla Supercharger’s pace of expansion shows no signs of slowing. Tesla celebrated its 70,000th stall at a 12-stall site in Burleson, Texas late June 2025. Just eight months earlier, Tesla announced that it had celebrated the buildout of its 60,000th Supercharger, which was built in Enshu Morimachi, Shizuoka Prefecture, Japan.
Tesla’s Supercharger Network also recently received accolades in the United Kingdom, with the 2025 Zapmap survey naming the rapid charging system as the Best Large EV Charging Network for the second year in a row. Survey respondents praised the Supercharger Network for its ease of use, price, and reliability, which is best-in-class. The fact that the network has also been opened for non-Teslas is just icing on the cake.
News
Luminar-Volvo breakdown deepens as lidar maker warns of potential bankruptcy
The automaker stated that Luminar failed to meet contractual obligations.
Luminar’s largest customer, Volvo, has canceled a key five-year contract as the lidar supplier warned investors that it might be forced to file for bankruptcy. The automaker stated that Luminar failed to meet contractual obligations, escalating a dispute already unfolding as Luminar defaults on loans, undergoes layoffs, and works to sell portions of the business.
Volvo pulls back on Luminar
In a statement to TechCrunch, Volvo stated that Luminar’s failure to deliver its contractual obligations was a key driver of the cancellation of the contract. “Volvo Cars has made this decision to limit the company’s supply chain risk exposure and it is a direct result of Luminar’s failure to meet its contractual obligations to Volvo Cars,” Volvo noted in a statement.
The rift marked a notable turn for the two companies, whose relationship dates back several years. Volvo invested in Luminar early and helped push its sensors into production programs, while Luminar’s technology bolstered the credibility of Volvo’s safety-focused autonomous driving plans. Volvo’s partnership also supported Luminar’s 2020 SPAC listing, which briefly made founder Austin Russell one of the youngest self-made billionaires in the industry.
Damaged Volvo relations
The damaged Volvo partnership comes during a critical period for Luminar. The company has defaulted on several loans and warned investors that bankruptcy remains a possibility if restructuring discussions fall through. To conserve cash, Luminar has cut 25% of its workforce and is exploring strategic alternatives, including partial or full asset sales.
One potential buyer is founder Austin Russell, who resigned as CEO in May amid a board-initiated ethics inquiry. The company is also the subject of an ongoing SEC investigation.
Luminar, for its part, also noted in a filing that it had “made a claim against Volvo for significant damages” and “suspended further commitments of Iris” for the carmaker. “The Company is in discussions with Volvo concerning the dispute; however, there can be no assurance that the dispute will be resolved favorably or at all,” the lidar maker stated.
Tesla Full Self-Driving appears to be heading to Europe soon
Tesla celebrates 75k Superchargers, less than 5 months since 70k-stall milestone
