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Elon Musk receives tasteless stab from PA Treasury with fabricated Boring Co. quote

(Credit: The Boring Company)

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Despite the positive change that Tesla, SpaceX, and The Boring Company offer to the world, it is certain that there will always be people who will criticize Elon Musk’s efforts. It comes with the territory that when you become such a successful and well-known public figure that you are sure to ruffle a few feathers.

However, when a State Government agency starts to spew venom in the direction of a man whose concerns are increasing the longevity of Planet Earth, one can only look at it as a facetious attempt to gain some kind of recognition. This is especially notable when it is on a social media outlet as popular as Twitter, and even more so if the said agency fabricates a quote to make its point.

The Pennsylvania Treasury’s official Twitter account recently took a stab at Musk’s idea for using underground transportation tunnels through the Boring Company. The tunneling startup has already completed a private tunnel in Los Angeles and is halfway finished with another in Las Vegas, which is expected to be capable of moving about 4,400 people an hour. The official PA Treasury then decided to throw their two cents into the mix.

“What if we took something like a subway, but made it unfathomably expensive and only for cars, and also make sure that it will never work?”—Elon Musk,,a genius,” @PATreasury tweeted on January 13.

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https://twitter.com/PATreasury/status/1216943795650158598

Just so we are all on the same page, the PA Treasury just made up that “quote.” Elon Musk never said that. In fact, the SpaceX and Tesla CEO has always maintained that the Boring Company’s tunnels will be affordable and functional, with some rides going as low as $1 per person. Its smaller tunnels are also far more affordable to build compared to regular subway tunnels, as proven by its proof-of-concept in Los Angeles.

While the Boring Company has not completed a public tunnel yet, it is important to note a few things. First, the Los Angeles tunnel, while private, is functional. The company’s website states that the tunnel is only accessible by people who are invited to use it, but the $10 million underground transportation tube works.

The purpose of the tunnel “is to demonstrate that a lift can be built in very small footprints and within existing buildings, whether they are houses, office buildings, or retail parking lots. Looking forward, one could have a lift in the basement of every office building, allowing extremely convenient commutes,” according to the tunneling startup’s website. The tunnel has done exactly that. It demonstrated that the idea is feasible and certainly possible.

Meanwhile in Sin City, the Las Vegas Convention Center tunnels will have the potential to be connected to various hotspots like the Strip and McCarron Airport. The $52.5 million project was secured by Boring Co. in May 2019 and will be ready for public use in early 2021. Amidst these rebuttals, many of which were expressed by supporters of Tesla, the PA Treasury opted to explain why it opted to take a stab at Musk.

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https://twitter.com/PATreasury/status/1217513554028482560?s=20

“If you don’t like the post or any of our posts, that’s fine. But we think generating a conversation about all of these issues is good. And, let’s be honest, no one would be having this conversation if this was more boring, government-speak content… The point isn’t to be overly mean to Musk, though he can handle it. It’s to generate the conversation about the role of tech, public investment in infrastructure, income inequality, the love our society shows for CEOs, etc.,” the account tweeted.

While Musk’s ideas are not accepted by everyone, the purpose of the tweets seem to be questionable at best. Inciting conversation is a good and healthy thing. Why not talk about the upcoming tax season or other financial issues? Based on the tasteless nature of the PA Treasury’s tweet, as well as the fact that it deliberately used a false quote to gain attention, one could be compelled to infer that everything seems to be a ploy to gain social media traction by using Elon Musk’s name as a conversation starter.

As a Pennsylvania resident and someone who has lived here for 24 out of the 25 years I have been alive, this is very disappointing. I realize not everyone is going to agree with the ideas that Musk has, but to state that the Boring Company tunnels are an ineffective way to attack the traffic problems so many of us deal with, and making up a quote to get the point across, is simply incorrect. The Boring Company is a young entity and has been around for just over three years.

To put that into perspective, Tesla was formed in 2003 and did not begin delivering Tesla Roadsters until 2007. The Roadster was met with many issues and Tesla was not really considered a serious car company until the Model S began deliveries in June 2012 and the vehicle’s stellar reviews started coming in. Skeptics said Tesla would fail and that an electric car would never break through and become more appealing than a gas-powered automobile. Here we are in 2020 and Tesla’s most affordable sedan is consistently outselling comparable gas vehicles and causing the United States’ most popular luxury sedans to see low sales numbers.

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The issue is that Musk confronts issues head-on and tries to figure out out-of-the-box solutions. This is more than what most people do. If nobody was doing it, there would be nobody to criticize. However, Musk is trying to make life on Earth easier for all of us. So, why don’t we let the man do what he has done for years: Bring us closer to an environmentally-friendly and sustainable Earth.

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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How much of SpaceX will Elon Musk own after IPO will surprise you

SpaceX’s IPO filing confirms Musk will maintain his voting power to make key decisions for the company.

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Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)

Elon Musk will retain dominant voting control of SpaceX after it goes public, according to the company’s IPO prospectus that was filed with the SEC. The filing reveals a dual-class equity structure giving Class B shareholders 10 votes each, concentrating power with Musk and a handful of other insiders, while Class A shares sold to public investors carry one vote.

Musk holds approximately 42% of SpaceX’s equity and controls roughly 79% of its votes through super-voting shares. He will simultaneously serve as CEO, CTO, and chairman of the nine-member board after the listing. Beyond that, the filing includes provisions that may limit shareholders’ influence over board elections and legal actions, forcing disputes into arbitration and restricting where they can be brought.

The case for Musk holding this level of control is grounded in SpaceX’s actual history. The company’s most important bets, from reusable rockets to a global satellite internet constellation, were decisions that ran against conventional aerospace thinking and would likely have faced resistance from a board accountable to investor gains. Fully reusable rockets were considered economically irrational by established industry players for years. Starlink, which now generates over $4 billion in annual operating profit, was widely dismissed as financially unviable when it was proposed. The argument for concentrated founder control seems straightforward, and the decisions that built SpaceX into what it is today required someone willing to ignore consensus and absorb years of losses.

SpaceX files confidentially for IPO that will rewrite the record books

For context, Musk’s position is significantly more dominant than Zuckerberg’s at Meta. The comparison with Tesla is also worth noting. When Tesla did its IPO in 2010, it did not issue dual-class shares. Musk has only recently pushed for enhanced voting protection, proposing at least 25% control at Tesla in 2024 after selling shares to fund his Twitter acquisition left him with around 13%.

SpaceX has clearly learned from that experience and structured the IPO differently by planning to allocate up to 30% of shares to retail investors, roughly three times the typical norm for a large offering. The roadshow is expected to begin the week of June 8, with a Nasdaq listing rumored to be a $1.75 trillion valuation and a $75 billion raise.

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Tesla bolsters App with new safety, insurance, and storage features

The Tesla Smartphone App is one of the biggest and best features and advantages owners have. Everything from moving the vehicle with Summon, to getting Navigation sent to the car, to preconditioning the cabin can be done with the Tesla App.

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Credit: Tesla

Tesla is bolstering its smartphone App with a series of new features to streamline operations for owners. The new additions include fixes to safety, its in-house insurance offering, and storage management for Dashcam clips.

The Tesla Smartphone App is one of the biggest and best features and advantages owners have. Everything from moving the vehicle with Summon, to getting Navigation sent to the car, to preconditioning the cabin can be done with the Tesla App.

But in classic Tesla fashion, the company is aiming to improve the offerings of the app, and it is doing so with a handful of new features. They were first discovered by Tesla App Updates.

Tesla Insurance – Safety Score 3.0

This is truly part of the Spring 2026 Update, but Tesla has now given more transparency on how FSD has saved people money on their premiums.

Tesla intertwines FSD with in-house Insurance for attractive incentive

Additionally, Tesla is now automatically awarding a Safety Score of 100 for every mile traveled on Full Self-Driving (Supervised).

Update Tracking

Updates traditionally appear on the App or on the Center Touchscreen in the car. There is nothing better than seeing that Green Arrow at the top of the screen, or opening your app and seeing that there is a Software Update available.

Now, there will be no need to manually check the app and initiate the download. Tesla is enabling a new feature that will automatically download updates for you.

Storage Management

Your USB drive can now be remotely formatted, and old Dashcam clips can be deleted straight from the phone. When you record a lot of things using the Dashcam feature, that storage fills up pretty quickly.

Now, manually deleting the Dashcam videos is easier than ever.

Trailer Light Test

This is perhaps the coolest and most crucial addition to the Tesla App, as those who tow and haul will now be able to trigger a diagnostic light sequence from the app while standing behind your trailer to ensure the brake lights work.

Verifying your trailer lights are connected properly and operating normally and as intended is normally a massive hassle.

Now, a new trigger will be available to initiate a diagnostic light sequence directly from your phone.

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Tesla is building private Superchargers just for Robotaxi

For Tesla, these Robotaxi-only Superchargers represent more than convenient parking spots. They are the first bricks in a vertically integrated autonomy platform—vehicles, energy, and software working in seamless concert. 

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Credit: Tesla

Tesla is starting to build out Robotaxi-only Superchargers as the company is truly leaning on its Full Self-Driving and autonomy efforts to solve passenger travel.

Last week, the company filed pre-permits in Arizona’s East Valley for two dedicated, non-public charging sites stocked with next-generation V4 Superchargers. The filings mark the first visible evidence of purpose-built infrastructure exclusively for autonomous Tesla vehicles, as they state they are not for public use.

In Chandler, Tesla plans to install 56 V4 stalls on an industrial parcel along South Roosevelt Avenue. Site documents describe a high-capacity setup supported by new SRP transformers, switching cabinets, and upgrades to existing underground lines.

A second site in Mesa, located at 5349 E Main Street in another industrial zone, carries the same private-use designation. Both locations sit well away from public roads and customer traffic, ensuring the chargers serve only Tesla’s internal fleet.

The sites were spotted by Supercharger observer MarcoRP.

Phoenix’s East Valley offers an ideal launchpad for Robotaxi Supercharging: the location has a clean, grid-like street layout and year-round mild weather that minimizes camera degradation. Additionally, Arizona has welcomed self-driving pilots since Waymo’s early days.

By securing private depots now, Tesla can optimize charging cycles, reduce downtime, and maintain full control over vehicle hygiene and security, critical factors for high-utilization Robotaxi operations.

The type of Supercharger is telling as well, as they are V4, Tesla’s fastest and most efficient buildout.

V4 stalls deliver faster power and support bidirectional charging, features that will let idle Robotaxis feed energy back to the grid during off-peak hours. Because the sites are closed to the public, Tesla avoids congestion, vandalism risks, and the scheduling conflicts that plague shared stations.

The timing is telling. With unsupervised Full Self-Driving hardware already rolling out across the lineup and Cybercab production targets looming, Tesla is shifting from vehicle development to ecosystem readiness.

Charging infrastructure has historically been the gating factor for ride-hailing scale; building it ahead of the vehicles signals confidence that regulatory and technical hurdles are nearing resolution.

Tesla has been spotted testing Cybercab units in Arizona over the past few months, as well.

Interestingly, the permits show V4 Superchargers in the plans, although Cybercab will likely utilize wireless charging:

Tesla Cybercab spotted with interesting charging solution, stimulating discussion

For Tesla, these Robotaxi-only Superchargers represent more than convenient parking spots. They are the first bricks in a vertically integrated autonomy platform—vehicles, energy, and software working in seamless concert.

It appears Tesla is preparing to begin building out Robotaxi-only Superchargers to avoid the congestion and keep its autonomous fleet charged up to get ride-hailers to their destinations.

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