Connect with us

News

Elon Musk claims X is under ‘massive cyberattack’

Could the X outages be the result of a massive cyberattack? Elon Musk thinks so.

Published

on

Credit: Elon Musk | X

Elon Musk claims that an ongoing outage on his social media platform X is due to a “massive cyberattack,” and he says the attack seems to have an unprecedented amount of resources behind it.

Amidst intermittent outages on X on Monday morning, Musk claimed in a post that the issues were the result of a targeted cyberattack on the platform. He also claimed that, while attacks are lodged against the platform everyday, this particular one seemed to have substantial resources behind it, which he says could be “either a large, coordinated group and/or a country.”

There was (still is) a massive cyberattack against 𝕏.

We get attacked every day, but this was done with a lot of resources. Either a large, coordinated group and/or a country is involved.

Tracing …

Advertisement

When X user Hassan Sajwani responded to the post saying that “They want to silence you and this platform,” Musk simply responded “Yes” in a follow-up post. X has yet to release an official statement on the outages.

The news also comes after mass demonstrations and vandalism against Tesla’s stores and vehicles have broken out around the world in the past few weeks, in protest of Musk’s recent efforts under the Trump administration to gut a broad range of federal agencies. Arrests have been made following attacks and arson against multiple of the Tesla locations, though it’s not yet clear if the ongoing cyberattack against X could be related.

Advertisement

Musk was also hosted for an interview with Fox Business on Monday following the outages, during which he said he “wasn’t sure” what had happened but that the attacks had been linked to IP addresses originating in Ukraine.

READ MORE ON X: Elon Musk’s X in talks to raise funds at $44 billion valuation: report

Musk purchased X, then called Twitter, for $44 billion in 2022, going on to launch mass layoffs at the company. About six months after the purchase, he said in an interview with BBC that the company had brought headcount down to just 1,500 from roughly 8,000, representing a cut of around 80 percent of staff.

Last month, X reported an adjusted EBIDTA of $682 million for 2024, along with about $5 billion in revenue. Wall Street Journal also reported that banks had completed a sale of $5.5 billion in debt backed by X. CEO Linda Yaccarino said in January that the company has also secured a deal with Visa to launch X Money, slated for release later this year.

Advertisement

Updated 3:14 p.m. MT: Added Musk’s response in Fox Business interview.

Elon Musk’s X recruiting “hardcore software engineers”

Zach is a renewable energy reporter who has been covering electric vehicles since 2020. He grew up in Fremont, California, and he currently lives in Colorado. His work has appeared in the Chicago Tribune, KRON4 San Francisco, FOX31 Denver, InsideEVs, CleanTechnica, and many other publications. When he isn't covering Tesla or other EV companies, you can find him writing and performing music, drinking a good cup of coffee, or hanging out with his cats, Banks and Freddie. Reach out at zach@teslarati.com, find him on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

News

Tesla Giga Berlin makes big move amid strong sales and demand

“We currently have very good sales figures and have therefore revised our production plans for the third and fourth quarters upwards.”

Published

on

Credit: Tesla Manufacturing

Tesla is making a big move at its factory in Germany, known as Giga Berlin, as managers at the plant have indicated the company plans to increase its production rate for the remainder of the year.

Giga Berlin is responsible for manufacturing Model Y vehicles for several markets worldwide, including those outside of Europe. It was opened in March 2022, and it recently built its 500,000th Model Y in March and its 100,000th new Model Y just three weeks ago.

Due to some encouraging sales figures in the markets it provides vehicles for, Tesla said it is planning to increase production at the factory for the remainder of the year.

Andrè Thierig, plant manager at Giga Berlin, said to German news outlet DPA on Sunday that market data has encouraged a move to be made regarding the production at the factory:

“We currently have very good sales figures and have therefore revised our production plans for the third and fourth quarters upwards.”

Advertisement

It is interesting to see this kind of narrative from Thierig, especially as data has shown Tesla has struggled in various markets, including Germany, this year.

Sales drops have been reported, but other markets are holding strong, especially those in Northern Europe, such as Norway, where the Model Y saw a nearly 39 percent increase in sales in August compared to the same month the previous year.

Tesla Model Y leads sales rush in Norway in August 2025

Gigafactory Berlin supplies vehicles for other markets, such as Canada, Australia, and New Zealand, which are strategically important to avoid tariffs. It also builds cars for the Middle East.

Thierig reiterated this point during the interview with DPA:

Advertisement

“We supply well over 30 markets and definitely see a positive trend there.”

Continue Reading

Elon Musk

Tesla analyst says Musk stock buy should send this signal to investors

“With Musk’s (Tesla stock) purchase, combined with the upward momentum for delivery expectations and robotaxi rollout, we are becoming more bullish.”

Published

on

(Credit: Tesla)

Tesla CEO Elon Musk purchased roughly $1 billion in Tesla shares on Friday, and analysts are now breaking down the move as the stock is headed upward.

One of them is William Blair analyst Jed Dorsheimer, who said in a new note to investors on Monday that Musk’s move should send a signal of confidence to stock buyers, especially considering the company’s numerous catalysts that currently exist.

Elon Musk just bought $1 billion in Tesla stock, his biggest purchase ever

Dorsheimer said in the note:

“With Musk’s (Tesla stock) purchase, combined with the upward momentum for delivery expectations and robotaxi rollout, we are becoming more bullish. This purchase is Musk’s first buy since 2020. To us, this sends a strong signal of confidence in the most important part of Tesla’s future business, robotaxi.”

Advertisement

Musk putting an additional $1 billion back into the company in the form of more stock ownership is obviously a huge vote of confidence.

He knows more than anyone about the progress Tesla has made and is making on the Robotaxi platform, as well as the company’s ongoing efforts to solve vehicle autonomy. If he’s buying stock, it is more than likely a good sign.

Tesla has continued to expand its Robotaxi platform in a number of ways. The project has gotten bigger in terms of service area, vehicle fleet, and testing population. Tesla has also recently received a permit to test in Nevada, unlocking the potential to expand into a brand-new state for the company.

In the note, Dorsheimer also touched on Musk’s recent pay package, revealing that William Blair recently met with Tesla’s Board of Directors, who gave the firm some more color on the situation:

“We recently participated in a meeting with Tesla’s board of directors to discuss the details of Musk’s performance package. The board is confident of its position in the Delaware case and anticipates a verdict by end of year. It does not expect a similar situation to occur under new Texas jurisdiction. Musk has the board’s full support, and we expect he’ll get more than enough shareholder support for this to pass with flying colors.”

Advertisement

Tesla stock is up over 6 percent so far today, trading at $421.50 at the time of publication.

Continue Reading

News

Morgan Stanley’s Adam Jonas dubs Tesla FSD a “game changer” after marathon drive

Jonas reported that FSD handled more than 99% of the miles.

Published

on

Credit: Tesla Europe & Middle East/X

Morgan Stanley’s analyst Adam Jonas shared a notable endorsement of Tesla’s Full Self-Driving (FSD) software after completing a 1,400-mile round trip from New York to Michigan in his Model Y. 

Jonas reported that FSD handled more than 99% of the miles, calling the system “a game changer” for long-distance driving.

Hands-free experience

Jonas drove his 2021 Tesla Model Y equipped with Hardware 3 and FSD Supervised v12.6.4, and he used the system nearly the entire trip. “Having your hands off the wheel and feet off the pedals for nearly 12 hours of driving is a real game changer that is hard to appreciate without experiencing it for yourself,” he noted.

He explained that outside of two heavy downpours, one on the Pennsylvania Turnpike and another in suburban Detroit, plus some light maneuvering in fast food parking lots, FSD handled the drive without any human intervention. “FSD made no mistakes or close calls that I recall. The system handles highways very safely and confidently. I cannot imagine buying another EV without FSD.”

Broader implications

Jonas added that he has used FSD consistently over the past 18 months, and the $8,000 he paid for the feature feels like a bargain considering the value. He also praised Tesla’s Supercharging network, which supported his trip without issue.

Advertisement

Jonas has been one of Wall Street’s most closely followed voices on Tesla, and his comments add weight to the ongoing debate about the role of autonomy in the company’s future. His current price target for Tesla stock stands at $410. During Morgan Stanley’s 13th Annual Laguna Conference, he echoed similar experiences with Tesla’s software, emphasizing that FSD “probably drove well over 99% of the miles” on his recent trips.

Continue Reading

Trending