Tesla and SpaceX CEO Elon Musk has said many times that he loves humanity. So it’s not surprising that he is concerned about the low birthrate. Eight billion people may seem like a lot but Elon Musk is right in his concerns.
In May 2022, MedCity News published an article on the globally declining birth rate and noted that depopulation is placing a huge burden on a diminishing workforce. It also highlighted technological improvements in egg freezing have been improving pregnancy rates.
The United Nations projects that by 2100 the world will have 11.2 billion people, however, the birthrate was at its lowest in 2021. The good news is that it has been increasing a bit since then. According to the New York Times, the U.S. birthrate has increased by 1%. The increase stopped a steady decline.
Although this is a good thing, I think Elon Musk is right in his concerns. Elon Musk mentioned the 2021 statistic to me when he was on my podcast earlier this month.
Elon Musk Is Raising Awareness About Population Decline
The Tesla CEO has been raising awareness about the decline in population for quite some time. Today on Twitter he shared a few tweets that echoed what he told me in my podcasts a couple of weeks ago. He tweeted that he’s doing his best to help with the crisis and added, “A collapsing birthrate is the biggest danger civilization faces by far.”
Doing my best to help the underpopulation crisis.
A collapsing birth rate is the biggest danger civilization faces by far.
— Elon Musk (@elonmusk) July 7, 2022
His tweets come as the news of him having another set of twins made its way around Twitter. (Congratulations, Elon!) During our conversation, I brought up a reason that I thought was pretty valid and it opened a good debate where I think we both learned a little from one another. I certainly learned from him.
I’ve always thought poverty played a key role, but I could be wrong. I have friends at all income levels who have children. I also have friends at various income levels who don’t and the most common complaint I’ve heard is that ‘children are too expensive.’ I think what Kim Paquette asked Elon was very important.
https://twitter.com/kimpaquette/status/1545050919561093120
Elon Musk’s Thoughts On Population Decline
Elon pointed out to me that there’s another issue playing a major role in the birthrate decline and this makes the most sense.
“Well, the population decline problem, I think, is possibly the biggest risk to civilization. It’s certainly one of the biggest risks. First of all, a lot of people think that there’s too many humans on the planet and the planet can’t sustain this number of humans.”
“This is absolutely not true we could double the population without any meaningful damage to the environment. You can put all the humans on earth in the City of New. York. That’s the cross-sectional area of humans.”
“They literally fit the city of New. York with on one floor you don’t even need high-rises. If you’re on a plane flight and you look down and you say, ‘what percentage of the time, if I were to drop a ball, would that ball would hit a person?’”
“Basically zero. Even in a city like LA which you would think ‘oh that’s a crowded city.’ But looking at it from above, what’s the cross-sectional area of humans relative to the rest of the ground? And it’s much less than one percent in even in LA.”
“If you’re in a big city environment and you see a lot of people you sort of extrapolate that to everywhere. But it’s actually very rare to see a concentration of humans. The earth is very sparsely populated with humans. There’s not enough humans far from being too many.”
“And I think people are still operating on the assumption that the population’s just growing like crazy when in fact the opposite is occurring. And these numbers are easy to look up. I mean, they’re just on the internet. We had the lowest birth rate in recorded history last year.”
Again, I think that Elon Musk is right to raise awareness about the low birthrate. Whether or not you agree with Elon Musk on the topic of population, he’s doing a good thing by raising awareness.
USA birth rate has been below min sustainable levels for ~50 years pic.twitter.com/v5PSLbvEAE
— Elon Musk (@elonmusk) May 24, 2022
Ferrari’s first electric vehicle, the Luce, is fully sold out for 2027, according to CEO Benedetto Vigna.
Presenting third-quarter results, he stated: “Everything we plan to sell next year is already fully allocated. Client test drives, scheduled for next year, will help further boost demand. We have no critical issues, neither on manufacturing nor on the demand side. Obviously, the car is more complex because it has many new parts and many new technologies.”
First customer deliveries are expected before the end of 2026, with the model already commanding waitlists despite a turbulent debut.
The Luce is a five-seat, four-door liftback saloon—the longest Ferrari ever produced—powered by four electric motors producing approximately 1,035 horsepower.
It features an 800-volt architecture, a 122-kWh battery, a claimed WLTP range of around 329 miles, 0-62 mph acceleration in 2.5 seconds, and a starting price near €550,000 in Europe (roughly $560,800–$615,000 in the U.S. depending on configuration).
Developed in collaboration with Jony Ive and Marc Newson’s LoveFrom studio alongside Ferrari’s own Centro Stile, it represents a deliberate departure from the brand’s traditional mid-engine sports cars toward a more spacious, grand-touring format.
Its exterior has proven deeply polarizing. Unveiled in Rome in May 2026, the design features smooth, sweeping surfaces, a large glass roof, and restrained detailing that critics described as bland, generic, or more reminiscent of an Apple product or mass-market EV than a Ferrari.
Ferrari unveils its Luce EV, and its reception has been a disaster
Online reactions included memes comparing it to a Nissan Leaf or Polestar, while former Ferrari chairman Luca di Montezemolo publicly warned of “the destruction of a myth” and suggested the prancing horse logo be removed. Italian politicians and longtime owners joined the chorus of disappointment, and Ferrari’s shares dropped roughly 8% in a single day, erasing billions in market value.
Design experts noted the absence of the brand’s signature tension, aggression, and emotional drama.
Yet the controversy has not translated into weak demand among the ultra-wealthy clientele who actually buy Ferraris. Production volumes remain tightly limited, as reports suggest fewer than 500 units in the current year and a longer-term pace of roughly 600 annually through 2030, preserving exclusivity.
One early chassis sold for $40 million at auction. Vigna has indicated that seeing the car in person, along with upcoming client test drives, is expected to strengthen rather than weaken interest. Ferrari aims for fully electric models to comprise 20 percent of its lineup by 2030, with a second EV now delayed to 2028.
For a brand defined by scarcity and desirability, the Luce’s sell-out status suggests that among those who can afford it, the polarizing design has not proven to be a commercial liability.
Tesla and SpaceX shares fell on Wednesday after Democrats swept both chambers of Congress. The decline stood out as broader market securities recovered and turned positive, while both of Musk’s publicly traded companies lagged.
CEO Elon Musk already joked about the unsuccessful campaigning for the Republicans, but now the new party will make pretty drastic changes to how it handles Tesla and SpaceX, and those companies will adjust their outlook.
Let’s take a deeper look.
Tesla ($TSLA)
Tesla shares traded lower during the regular session after Democrats secured both the House and Senate. The stock was down 2.32 percent at around 1:45 p.m. on the East Coast, trading at around $389.30.
The pressure is tied to more than the raw scale of Musk’s political spending, estimated at $450–474 million this cycle with roughly $224 million directed at Texas. In that state, Tesla now faces a Democratic governor and a Democratic senator after Gina Hinojosa unseated Greg Abbott and James Talarico defeated Ken Paxton.
The Austin Gigafactory, Robotaxi pilot programs in multiple Texas cities, and any related AI compute expansion sit under a new state executive who campaigned against certain corporate subsidies and floated a moratorium on new data-center construction.
Federally, Democratic control of key committees opens the door to deeper examination of Tesla’s autonomous-driving safety record, federal energy-storage and manufacturing incentives, and the national-security implications of any combination with SpaceX.
Investors are also weighing whether the company’s historically close alignment with the prior Republican leadership will invite slower permitting, additional hearings, or tighter rules on Full Self-Driving deployment.
For Tesla, the political shift adds near-term friction around state permitting and federal regulatory approvals for autonomy and energy storage. A potential merger with SpaceX may face slower review even if it proceeds.
Core growth drivers such as vehicle deliveries, energy deployments, and robotaxi rollout remain intact, yet the stock now carries a higher political-risk premium that could weigh on valuation until the company demonstrates workable relationships with the new Texas leadership and congressional majorities.
SpaceX ($SPCX)
SpaceX shares also declined in live trading on November 4 following the Democratic midterm sweep. The stock traded at $134.97, down 4.49 percent. The drop occurred even as broader indexes stabilized, highlighting a company-specific reaction to the election outcome.
Musk’s large contributions, concentrated in Texas races that both companies lost, place SpaceX’s Starbase launch facility and headquarters under a new Democratic governor.
At the federal level, Democratic control of Congress enables greater scrutiny of NASA, the Department of Defense, and other contracts that support a meaningful share of revenue, along with reviews of Starlink national-security uses and any Tesla merger. Analysts have noted that empowered committees can hold hearings and request documents on these relationships.
For SpaceX, the results raise the risk of delayed contract awards, higher compliance costs, and tighter constraints on AI and satellite infrastructure expansion, particularly in Texas where a data-center moratorium has been discussed.
A merger with Tesla could encounter political friction that slows integration of launch, connectivity, and autonomy capabilities.
While Starlink growth and launch cadence continue as primary drivers, the company faces a more contested path for federal funding and state-level operations, requiring management to rebuild ties with the new congressional majorities and Texas leadership to limit the overhang.
Tesla’s new vehicle registrations in Germany rose sharply in October, nearly quadrupling from the same month a year earlier. That’s according to data from the KBA, Germany’s federal motor transport authority.
The KBA reported 2,932 Tesla vehicles registered in October, a 290.9 percent year-over-year- increase. For the first ten months of the year, Tesla’s cumulative registrations reached 47,742 units. This number is up 206.1 percent compared with the January-October period of 2025. These gains occurred against a backdrop of strong overall growth in the BEV sector as a whole.
Germany registered 94,086 new BEVs in October, a 79.5 percent rise that brought the BEV share of the passenger car market to 37 percent of the 254,492 total cars registered that month.
🇩🇪 Tesla’s new registrations in Germany nearly quadrupled in October, according to KBA data.
October: 2,932 units, +290.9% YoY Jan–Oct: 47,742 units, +206.1%
Germany’s overall BEV market grew 79.5% to 94,086 units last month. https://t.co/GMwNqsFAOC
— TESLARATI (@Teslarati) November 4, 2026
Despite the percentage surge, Tesla’s absolute numbers left it with a 1.2 percent share of all new car registrations for October. Chinese competitors did record higher volumes, as BYD registered 5,173 vehicles, a 2 percent share, Leapmotor with 3,661 cars, which equates to 1.4 percent, and Xpeng had a 0.5 percent share.
Year-to-date through October, BYD edged ahead of Tesla with 47,961 registrations versus Tesla’s 47,742.
The October results follow a notably strong September for Tesla in Germany, when it registered 12,552 vehicles, an increase of roughly 269 percent year-over-year and one of its strongest monthly totals on record in the country. That month, the Model Y led all EVs and ranked among the top-selling vehicles of any powertrain.
The figures form part of a broader recovery in Tesla’s European registrations after an extended period of softer demand. While monthly volumes remain subject to typical quarter-end patterns and competitive pressure from both established European brands and rapidly expanding Chinese manufacturers, the year-to-date growth indicates improved traction in Europe’s largest car market.
Tesla’s Gigafactory Berlin-Brandenburg continues to supply the region, positioning the company to capture a share of the expanding German BEV market as overall EV adoptions looks to be accelerating.
Ferrari Luce sold out for 2027 after design controversy
Musk’s Tesla and SpaceX decline after Democratic Midterm sweep
