News
Elon Musk sets the record straight over allegations that Tesla donated no ventilators to CA hospitals
Tesla CEO Elon Musk has set the record straight about his companies’ ventilator donations to hospitals in CA. Musk’s clarification comes on the heels of reports alleging that no hospitals in California have actually received any ventilators from the CEO or any of his companies.
On April 14, the Sacramento Bee published an editorial about Elon Musk’s initiative to donate ventilators to California hospitals. The editorial criticized Musk’s decision to supply non-invasive ventilators to hospitals, which were allegedly dangerous to use for COVID-19 patients. The piece’s author, whose name was not listed by the Bee, called the initiative a “fiasco” and alleged that “not one unit has been delivered – and Musk likely never had the real ventilators our hospitals need.”
The editorial appears to have spawned similar articles alleging the same point: that despite Musk’s commitment to donate ventilators, not one has reached a California hospital. On Thursday, a CNN report was published, citing a quote from a spokesperson of the California governor’s Office of Emergency Services. The allegations were similar to those in the Sacramento Bee’s editorial.
“Elon Musk and his team told the state that he had procured ventilators and wanted to distribute them directly to hospitals with shortages. The Administration is communicating every day with hospitals across the state about their ventilator supply and to date we have not heard of any hospital system that has received a ventilator directly from Tesla or Musk,” the spokesperson noted.
.@GavinNewsom please fix this misunderstanding— Elon Musk (@elonmusk) April 16, 2020
In response to CNN‘s recent report, Elon Musk provided screenshots of Tesla’s communication with hospitals in California, clearly indicating that ventilator donations had been made. Musk also urged CA Governor Gavin Newsom to address the misunderstanding.
In one of Musk’s shared emails, Tesla asked Phillip Franks of the Los Angeles County Department of Health Services if any donated ventilators went into use. Franks noted in a reply on March 27 that the donated units performed well during testing, and that the machines will be put into use the next day.
-
- (Credit: Elon Musk/Twitter)
-
- (Credit: Elon Musk/Twitter)
Musk also shared a message from Tom Parker, the CEO of Mammoth Hospital in CA. Parker thanked Musk and Tesla for ventilators that were donated to the hospital, stating that the units will be invaluable as COVID-19 cases in the state increased. “These ventilators will be quickly deployed in our hospital in anticipation of the coming wave of patients who will be suffering from the most severe effects of COVID-19,” Parker wrote.
At the core of the criticism against Elon Musk and Tesla’s donations is argument that most of the units donated thus far are non-invasive ventilators. While these units cannot perform as well as the $35,000 invasive ventilators used for critically-ill patients, the non-invasive units can still be used as backup ventilators for those that are not severely ill from the coronavirus. And during a global pandemic, where cases are rising rapidly, every ventilator counts.
A team of our specialists and medical students are reconfiguring hundreds of donated machines that are typically used at home for #SleepApnea and deploying them as ventilators to be used for severely ill patients who are hospitalized with #COVID19: https://t.co/qd9VKBk9jT pic.twitter.com/KXrh9h8gJP— Mount Sinai Health System (@MountSinaiNYC) April 3, 2020
Also neglected by the Sacramento Bee‘s editorial and CNN‘s report is the fact that the non-invasive ventilators donated by Tesla can actually be reconfigured to work for severely-ill COVID-19 patients. An example of this was done in Mouth Sinai NYC, which also received ventilators from the electric car maker. These efforts from the Mount Sinai team show one thing: the non-invasive ventilators from Tesla are invaluable in the fight against COVID-19, contrary to what poorly-researched critics would allege.
Another special thank you goes out to @Tesla for a donation of Medtronic invasive ventilators to NYC Health + Hospitals/Lincoln #inTheBronx. pic.twitter.com/BH9SSj4Bbw— NYC Health + Hospitals (@NYCHealthSystem) April 4, 2020
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.095 reported vs. $28.34B expected
- Non-GAAP EPS: $0.50 reported vs. $0.45 expected
- Operating Margin: 5.8% reported vs. 2.5% expected
- Operating Income: $1.624B reported vs. $721M expected
- Free Cash Flow: $3.99B reported vs. ~-$4.51B expected
🚨 Tesla $TSLA Earnings Results:
Total Revenues: $ $28.095 reported vs. $28.34B expected
Non-GAAP EPS: $0.50 reported vs. $0.45 expected
Operating Margin: 5.8% reported vs. 2.5% expected
Operating Income: $1.624B reported vs. $721M expected
Free Cash Flow: $3.99B reported vs. ~-$4.51B expected— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
SpaceX confirmed the date of Starship’s 15th launch window with some massive ambitions for the mission, as it will attempt to catch Ship for the first time.
CEO Elon Musk confirmed during SpaceX’s Earnings Call last night on October 20 that it would launch Starship for its 15th test flight in November, and there are some incredible things the company wants to try, making it perhaps the most groundbreaking launch in the program’s history.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
The most major development of the call was SpaceX’s intention to catch Ship alongside catching the Super Heavy Booster, something that has happened in the past. SpaceX showed an animation of the Ship catch, which will be done on the launch tower’s chopsticks:
SpaceX has released a new Starship tower catch animation for the upcoming Flight 15! https://t.co/kStn01Da8u
— Truthful🛰️ (@Truthful_ast) October 20, 2026
This monumental goal is to catch both the Ship and Booster in a dual-catch scenario, an incredible feat since SpaceX has never been able to reuse a Ship after launch. Musk said it would be “the first time that an orbital launch vehicle has been fully recovered,” and said it would be a “profound technology milestone.”
Musk said the odds of success on this first Ship catch attempt are “more likely than not,” but SpaceX is ultimately prepared for more tries moving forward. The SpaceX frontman said that, starting next year, Starship would have a “steady stream” of flights through the end of the year.
The cadence will accelerate in 2027, with Musk stating the company plans to target weekly flights in the first half of 2027 and twice-weekly by year-end.
The Flight 15 attempt follows that of Flight 14, which took off in late September and was Starship’s first orbital mission. It deployed 26 Starlink V3 satellites, accomplished a controlled ocean splashdown of both stages, and shed more light on potential challenges for the program moving forward.
As of now, the Starship program is firing on all cylinders.
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla reports Q3 Earnings today: here’s what to expect
