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Elon Musk is trying to help solve the Flint Water Crisis
After building a mini-submarine to aid in the rescue attempt of the members of the Wild Boar soccer team in Thailand, Elon Musk is now flexing his philanthropic muscles towards a long-standing issue in the United States — the Flint Water Crisis.
Musk previously noted on Twitter that he has already been helping out the citizens of Flint. Spurred on by some Flint residents and activists for the city, however, Musk opted to take a more hands-on approach. The Tesla and SpaceX CEO promptly coordinated with individuals testing the contamination levels of the city’s water system, and by Wednesday, Musk has provided an email address, flint@x.com, where residents can send the results of their water’s ppm (parts per million) and ppb (parts per billion) levels.
Musk’s pledge to help the people of Flint has mostly been met positively by the online community, with several of his followers even offering to lend a hand to a “barnstorming weekend” aimed at installing water filters in the homes of the city’s residents. Musk also reacted favorably to the idea of utilizing Flint’s local plumbers to help in the initiative. Despite being in China to discuss Tesla’s plans of building Gigafactory 3 in Shanghai, Musk further stated that he would call Flint Mayor Karen Weaver about plans to address the city’s water problems.
Gathering input this week, will begin taking action next week and let people know how they can help
— Elon Musk (@elonmusk) July 12, 2018
Just like his efforts to help in the Thailand cave rescue operations, Musk’s pledge to help the city of Flint became a target for his staunch critics online. Key Flint activist Mari Copeny, better known as Little Miss Flint due to her letter to then-president Barack Obama about the ongoing water crisis, clarified Musk’s involvement, however, stating that the city is appreciative of the serial tech entrepreneur’s efforts to help.
Hey world. Let’s set the record straight. My team has been working with @elonmusk and his team for over a week to figure out the best solution to help #Flint with the #FlintwaterCrisis
Extremely grateful for him and all he has done so far.— Mari Copeny (@LittleMissFlint) July 12, 2018
The Flint Water Crisis started in April 2014, after the city’s drinking water source was changed from Lake Huron and the Detroit River to the much cheaper Flint River. Insufficient water treatment caused lead to be leached from lead water pipes into the residents’ drinking water. Lead pipes are viable pipes for water systems, provided that corrosion inhibitors are used to prevent lead from contaminating the water. A common corrosion inhibitor is orthophosphate, which forms low-solubility complexes with the lead in the pipes. Orthophosphates were used in Flint’s systems when the drinking water was coming from Detroit, but when the shift to the Flint River was conducted, no orthophosphate or any other anti-corrosion inhibitors were used. The absence of these inhibitors is behind the harrowing images of rust-colored water coming from Flint’s water supply.
The lead-contaminated water caused several grave problems for Flint’s residents. Between 6,000 to 12,000 children from Flint have been exposed to drinking water with high levels of lead, which could result to serious health problems. The percentage of Flint children with elevated blood-lead levels is estimated to have risen from about 2.5% in 2013 to as much as 5% in 2015 as well. An outbreak of Legionnaires’ Disease, a form of atypical pneumonia with no known vaccine, also resulted in 10 fatalities. The Legionnaires’ outbreak is linked to Flint’s contaminated water supply.

A comparison between Flint’s water coming from the Flint River and the Detroit River. [Credit: Occupy]
The Flint Water Crisis has resulted in several lawsuits being filed against government officials, many of which were accused of mismanaging the situation. Since the water crisis’ peak, however, the Michigan Department of Environmental Quality (MDEQ) has stated that the lead content of Flint’s water has fallen below the federal limit. As of April 2018, the MDEQ issued a statement assuring Flint’s residents that the city’s water quality “has been restored.” Regardless of this, however, many Flint residents remain skeptical that their water is now safe, especially considering that the replacement of the contaminated lead pipes is still ongoing. In this sense, Musk noted on Twitter that the planned “barnstorming” weekend in Flint would not only aim to give residents water filters for their homes; it would also attempt to fix residents’ perception of the city’s water supply.
You’re right on both counts. Most houses in Flint have safe water, but they’ve lost faith in govt test results. Some houses are still outliers. Will organize a weekend in Flint to add filters to those houses with issues & hopefully fix perception of those that are actually good.
— Elon Musk (@elonmusk) July 11, 2018
While Elon Musk’s recent philanthropic ventures are attracting more attention than usual, the SpaceX and Tesla CEO’s humanitarian efforts have actually been going on for some time. It should be noted that Tesla’s big battery in South Australia was started after Musk became aware of the power crisis in the region. After Hurricane Maria ravaged Puerto Rico, Musk also promptly sent a team to help the island nation get back on its feet. As of Musk’s latest update, he noted that there are currently 11,000 projects underway in Puerto Rico.
News
Ferrari Luce sold out for 2027 after design controversy
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 $40 million at auction. Vigna has indicated that seeing the car in person, along with upcoming client test drives, is expected to strengthen rather than weaken interest. Ferrari aims for fully electric models to comprise 20 percent of its lineup by 2030, with a second EV now delayed to 2028.
For a brand defined by scarcity and desirability, the Luce’s sell-out status suggests that among those who can afford it, the polarizing design has not proven to be a commercial liability.
Investor's Corner
Musk’s Tesla and SpaceX decline after Democratic Midterm sweep
Tesla and SpaceX shares fell on Wednesday after Democrats swept both chambers of Congress. The decline stood out as broader market securities recovered and turned positive, while both of Musk’s publicly traded companies lagged.
CEO Elon Musk already joked about the unsuccessful campaigning for the Republicans, but now the new party will make pretty drastic changes to how it handles Tesla and SpaceX, and those companies will adjust their outlook.
Let’s take a deeper look.
Tesla ($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.
News
Tesla registrations in Germany nearly quadruple in October
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.