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Elon Musk was just live on Twitter Spaces talking Tesla: 5 key takeaways

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Elon Musk recently joined a Twitter Spaces talk covering Tesla on Thursday and spoke on several topics such as the lithium refining factory in Corpus Christi, Texas, the recession, his goal of not selling any more Tesla stock for another 18-24 months, and more. The Spaces were hosted by @StockMKTNewz, @WholeMarsBlog, and @StockTalkWeekly.

Although you can go back and listen to the recording, Elon Musk gave a lot of detailed information and reassured Tesla shareholders that he wasn’t; he is still at Tesla. Here are five key takeaways from the live Twitter Spaces.

1. Elon Musk isn’t MIA at Tesla.

Several shareholders have been worried that Elon Musk’s focus on Twitter has been taking him away from Tesla. Elon Musk told Ross Gerber that he hasn’t missed a single important Tesla meeting.

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“I was back in Austin just last week. There is literally not a single important Tesla meeting I have missed this entire time. I’m not MIA.”

He also told Gerber that he doesn’t have plants to sell any more Tesla stock until around 2025.

“I’m not selling any stock for another 18-24 months. Not until around 2025. I needed to sell. I’m not selling any stock until probably two years from now… I’m somewhat paranoid after going through two recessions.”

2. Tesla will weather any economic storms. 

Regarding any upcoming economic issues, Elon Musk said he believed Tesla would weather it better than any company.

“I think Tesla will weather an upcoming economic storm better than any company. Unless the company is making bread.”

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“If you are a ship in the storm, even if you have a great ship, you are still going to be hit. There is latency in the supply chain.”

3. Tesla’s lithium refinery. 

In November, Tesla began negotiating for a battery-grade lithium refinery in Texas and discussed details of its planned $365 million plant with Nueces County commissioners. Elon Musk spoke briefly of the refinery during the Twitter Spaces.

“Tesla is building a lithium refinery in Texas to relieve the lithium refining choke point.”

“Seven years to build a refinery is insane. We are aiming to have meaningful volume out the factory in 2 years.”

“We are also cathode refining at Giga Texas for nickel-based cathodes.”

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4. Next Gigafactory, recession & demand

Elon Musk added that the total automotive demand, especially the demand in China, will cause a reduction in the cost of battery materials. He added that Tesla is deploying capital at the fasted rate possible without being wasteful and then shared a bit of Gigafactory news.

“Deploying capital at the fastest rate we can without being wasteful. We are making investments, and can’t say too much, but we are close to picking a location for the next Gigafactory. We are being careful and deliberate about that. We are coming into recession in a strong position.”

5. Tesla Electric in Texas & Master Plan Part 3

Tesla recently launched Tesla Electric in Texas, which allows Powerwall owners to participate in virtual power plants (VPPs). This was a major milestone for both Tesla and Texas. Elon Musk said:

“The overarching purpose is to accelerate the advent of sustainable energy. Energy generation, storage of that energy, and electric transport. We are working on all three. The demand for large batteries is quasi-infinite. So long a Tesla battery pack is cheaper than a peaker plant, there will be insatiable demand.”

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“1000+ GWh battery packs a year, if not 2000, is the goal. Master plan part 3 is really about scale. One should think of things in terms of tonnage. The fundamental rate limiter is how many gigawatt hours per year of battery packs can we make?”

“300 TWh of installed capacity for fully sustainable energy globally.”

Elon Musk also pointed out that the Tesla team is doing a phenomenal job and stands by his prediction that Tesla will be the most valuable company in the world.

Disclosure: Johnna is a $TSLA shareholder and believes in Tesla’s mission.  

Your feedback is welcome. If you have any comments or concerns or see a typo, you can email me at johnna@teslarati.com. You can also reach me on Twitter at @JohnnaCrider1.

Teslarati is now on TikTok. Follow us for interactive news & more. Teslarati is now on TikTok. Follow us for interactive news & more. You can also follow Teslarati on LinkedIn, Twitter, Instagram, and Facebook.

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Johnna Crider is a Baton Rouge writer covering Tesla, Elon Musk, EVs, and clean energy & supports Tesla's mission. Johnna also interviewed Elon Musk and you can listen here

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Elon Musk roasts India’s billionaire Mukesh Ambani as Starlink fight heats up

Elon Musk sarcastically calls Mukesh Ambani ‘Prime Minister’ as the Starlink India standoff escalates again.

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Elon Musk escalated his public fight over Starlink’s launch in India on Friday, addressing Reliance chairman Mukesh Ambani as “Prime Minister Ambani” in a sarcastic post on X. “Please accept my humble apologies for not realizing that you are the real boss of India,” Musk wrote, before accusing Ambani of “monopolistic exploitation” and asking whether he would “consider allowing Starlink to compete.” In follow up posts, he said Starlink has proven essential during natural disasters and would help parts of India with no internet access.

The post came two days into a fight that Musk sparked up on Wednesday, when he said Starlink was “being blocked by certain oligarchs in order to maintain their monopolistic chokehold on the Indian people.” He called it “a crime against the people of India” and left the names out, adding only, “You can guess who they are.” Jio and Airtel together hold more than 80% of India’s telecom market. On Thursday, Musk asked whether Ambani is “the real boss of India” and said Starlink has spent five years complying with “every single law and requirement” of the Indian government.

India’s government has pushed back each time. The Ministry of Communications called the suggestion that its framework is unfair or discriminatory “baseless and misconceived.” Communications Minister Jyotiraditya Scindia said Friday that three companies hold satcom licenses: Starlink, Jio Satellite Communications, and Bharti backed Eutelsat OneWeb. Amazon’s Kuiper, now Amazon Leo, is still going through the process. None can launch until regulators finalize satellite spectrum pricing and the Home Ministry signs off on each company’s security compliance. Scindia said the telecom regulator and the Department of Telecommunications are close to a decision on pricing, The Hindu reported. Bharti chairman Sunil Mittal also said OneWeb is still waiting on approvals.

Starlink received its operator license in 2025 after a three year wait, and the space regulator IN-SPACe granted what industry executives called the last approval needed in July. The holdup since then centers on security, particularly concern that foreign operators could bypass Indian gateways.

Musk and Ambani have been on opposite sides of this before. In late 2024, Ambani argued for auctioning satellite spectrum, which Musk criticized as out of step with the rest of the world, and India chose administrative allocation instead. By March 2025, the two sides had signed a deal to sell Starlink devices in Reliance stores, and Starlink secured its telecom license that June. That partner is now also a competitor. Jio is reportedly weighing a constellation of 1,600 to 1,650 satellites costing an estimated $10 billion to $15 billion, while Akash Ambani has told shareholders Jio plans to lease capacity from global providers to move quickly.

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Elon Musk’s surprise addition to the X Takeover lineup has fans talking

Elon Musk will join Saturday’s X Takeover at Giga Texas for a live virtual interview.

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Credit: Tesla Owners Silicon Valley
Credit: Tesla Owners Silicon Valley

Elon Musk will join X Takeover at Giga Texas on Saturday for a live virtual interview, according to Sawyer Merritt, who shared the news late Thursday. Musk will not be on stage in Austin. The conversation is set to stream for free on the @teslaownersSV account on X.

Organizers had kept expectations in check. In a September update, Tesla Owners Silicon Valley said Musk had appeared at the event twice before but was not promising a third appearance, even as fans hoped he would walk the Giga Texas grounds in person. A virtual spot matches 2024, when Musk gave a surprise interview of about an hour to the crowd in San Luis Obispo, as Teslarati reported at the time.

This year’s edition is a first in several ways. It is the first X Takeover held outside California and the first at a Tesla facility, with tickets selling out in eight days. Tesla provides the venue, but the event is produced independently by Tesla Owners Silicon Valley. The main event runs from 10 a.m. to 6 p.m. CT, followed by a drone and light show at 9 p.m. Maye Musk is the keynote speaker, Franz von Holzhausen is set for a virtual keynote, and Nicki Minaj is the special guest. Joe Tegtmeyer, whose drone footage Teslarati used to track the Optimus factory steel frame at Giga Texas, is also on the speaker list.

Musk’s interview topics have not been revealed, but the backdrop is busy. Tesla doubled its Cybercab fleet in Austin in late September, and last week Musk explained why Robotaxi hours only moved from 10 p.m. to 11 p.m.. Merritt also reported Thursday that Texas DMV records now show 319 registered Cybercabs, up from 169. NHTSA’s deadline for Tesla’s sworn answers on Cybercab certification is October 30, and Tesla reports third quarter earnings on October 21.

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Fans who cannot make it to Austin can watch the livestream on X. Musk tends to say more in unscripted settings than he does in prepared remarks, which is the reason this one is worth having open on Saturday.

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It’s official: SpaceX takes aim at Verizon, AT&T, and T-Mobile

SpaceX is buying 800 MHz spectrum from Grain to turn Starlink Mobile into a carrier.

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Starlink D2D direct to device vs Verizon, AT&T (Concept render by Grok)

SpaceX has agreed to buy a nationwide block of low band wireless spectrum, a deal the company says will let Starlink Mobile operate as a full US carrier rather than a satellite add-on for someone else’s network.

The company announced the agreement on X on Thursday afternoon, saying it will “pave the way for @Starlink to become a major mobile carrier in the US.” The seller is Grain Management, a private investment firm that confirmed in a statement that SpaceX will acquire 100% of its nationwide 800 MHz portfolio. That covers up to 14 MHz of paired spectrum in the 817 to 824 MHz and 862 to 869 MHz bands. Neither side disclosed a price, and the deal still needs FCC approval.

Grain only recently picked up the licenses itself. It bought the portfolio from T-Mobile in a transaction that closed in August, paying cash plus its own 600 MHz spectrum. Rival AST SpaceMobile had been testing satellites on the same bands before SpaceX stepped in.

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SpaceX said its 2 GHz spectrum will handle high bandwidth capacity, while the new 800 MHz layer “ensures Starlink Mobile’s signal penetrates through obstacles, such as walls, and can provide service to customers’ devices even when they are in buildings.” The company added that most existing phones already support the band, so customers would not need new hardware to use it.

That 2 GHz spectrum came from SpaceX’s EchoStar acquisition last year, which gave the company exclusive S band rights in the US and global Mobile Satellite Service licenses. The Grain spectrum is different in an important way: it is tailored for service from ground towers, not satellites. SpaceX said that combination would make Starlink Mobile “the first network operator to deploy both satellite and terrestrial spectrum.”

The announcement also follows a key regulatory win. Earlier this week, the FCC approved SpaceX’s plan to deploy 15,000 second generation Starlink Mobile satellites, which the company has said will carry up to 100 times the data density of the current system, as Teslarati previously reported.

Shares of AT&T, Verizon and T-Mobile fell in extended trading after the announcement. T-Mobile is currently SpaceX’s launch partner for Starlink Mobile in the US, which makes its position the most complicated of the three.

SpaceX has not been subtle about its plans. During the company’s August earnings call, President and COO Gwynne Shotwell said she expected Starlink Mobile to win over customers from the major carriers. “I anticipate us to be able to acquire quite a few of their customers because I think our service will be better,” she said, pointing to dead zone coverage and resilience during disasters. Shotwell also described plans for low cost cellular base stations that could pair with existing Starlink dishes.

SpaceX has targeted 2027 for deployment of its next generation Starlink Mobile satellites, with upgraded service expected by the end of that year. The FCC review of the Grain deal now determines when the terrestrial half of that network can come online.

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