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Elon Musk, looking for backers, is reportedly willing to boost personal Twitter investment to $15B

Credit: @Gf4Tesla/Twitter

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Tesla CEO Elon Musk is reportedly willing to boost his investment into social media platform Twitter to as high as $15 billion while continuing to look for financial backers who could help perform a traditional buyout. Musk’s $43 billion bid to take over Twitter last week was effectively stagnated as the company announced its intentions to use a “poison pill” to foil the Tesla CEO’s bid.

The New York Post said in a report citing two people close to the situation that Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter private. Musk, who disclosed ownership in Twitter in a filing with the SEC earlier this month, has a 9.1 percent ownership stake in the platform, which is worth $3.4 billion currently. He is the largest individual shareholder of Twitter, as Vanguard overtook Musk as the largest shareholder of the social media platform on April 8.

Musk is also considering bringing on partners and may use other strategies to up his offer to buy Twitter. The CEO “may also be willing to borrow against his current stake” in the company, which could add several billion dollars to his offer. Other strategies include combining cash with co-investors, which would establish “a giant cash equity infusion,” making the bid near impossible to decline. However, the report states that some investors appear to be hesitant to move into the deal because of “his pattern of unpredictable behavior and taste for controversy.”

“The co-investors will combined have more equity than Musk, but he will be the biggest single holder,” one of the sources said in the report. Sources also said Musk had tapped Morgan Stanley to raise an additional $10 billion in debt against Twitter to perform a traditional leveraged buyout.

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LIVESTREAM: Tesla CEO Elon Musk to speak at TED2022

About $20 billion, the bulk of the money, will come from co-investors who will finance a tender offer directly to Twitter shareholders, the New York Post reported last week. Musk may have hinted at this over the weekend when he randomly Tweeted the name of a mid-1960s hit from Elvis Presley.

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The tender offer could come in the next ten days as a rough estimate, the sources said. However, the report said Musk is having trouble finding private equity firms to back the bid, as they would rather stay away from possible political controversies and are perhaps shying away from their inability to control Musk, who is the world’s richest person with a net worth of over $273 billion, according to Forbes.

Musk’s potential Twitter takeover has highlighted the CEO’s focus on the crucial nature of free speech. Musk, during a TED Talk interview last week, said the buyout attempt was inspired by the need for an “inclusive arena for free speech.”

LIVESTREAM: Tesla CEO Elon Musk to speak at TED2022

“The civilizational risk is decreased more we can increase the trust of Twitter as a public platform,” he added.

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Energy

Tesla Energy gains UK license to sell electricity to homes and businesses

The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.

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Credit: Tesla Energy/X

Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.

The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.

According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.

The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.

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Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.

Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.

Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.

The new UK license arrives as Tesla continues expanding its global energy business.

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Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.

The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.

At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.

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Elon Musk shares big Tesla Optimus 3 production update

According to Musk, Tesla is in the final stages of completing Optimus 3, which he described as one of the world’s most advanced humanoid robots.

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Credit: Tesla China

Tesla CEO Elon Musk has stated that production of Optimus 3 could begin this summer. Musk shared the update in his interview at the Abundance Summit.

According to Musk, Tesla is in the final stages of completing Optimus 3, which he described as one of the world’s most advanced humanoid robots.

“We’re in the final stages of completion of Optimus 3, which is really going to be by far the most advanced robot in the world. Nothing’s even close. In fact, I haven’t even seen demos of robots that are as good as Optimus 3,” Musk said.

He also set expectations on the pace of Optimus 3’s production ramp, stating that the initial volumes of the humanoid robot will likely be very low. Musk did, however, also state that high production rates for Optimus 3 should be possible in 2027. 

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“I think we’ll start production on Optimus 3 this summer, but very slow at first, like sort of this classic S-curve ramp of manufacturing units versus time. And then, probably reach high volume production around summer next year,” he said.

Interestingly enough, the CEO hinted that Tesla is looking to iterate on the robot quickly, potentially releasing a new Optimus design every year.

“We’ll have Optimus 4 design complete next year. We’ll try to release a new robot design every year,” Musk stated.

Tesla has already outlined broader plans for scaling Optimus production beyond its first manufacturing line. Musk previously stated that Optimus 4 will be built at Gigafactory Texas at significantly higher production volumes.

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Initial production lines for the robot are expected to be located at Tesla’s Fremont Factory, where the company plans to establish a line capable of producing up to 1 million robots per year.

A larger production ramp is expected to occur at Gigafactory Texas, where Musk has previously suggested could eventually support production of up to 10 million robots per year.

“We’re going to launch on the fastest production ramp of any product of any large complex manufactured product ever, starting with building a one-million-unit production line in Fremont. And that’s Line one. And then a ten million unit per year production line here,” Musk said previously.

The comments suggest that while Optimus 3 will likely begin production at Fremont, Tesla’s larger-scale manufacturing push could arrive with Optimus 4 at Gigafactory Texas.

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Tesla showcases Optimus humanoid robot at AWE 2026 in Shanghai

Tesla’s humanoid robot was presented as part of the company’s exhibit at the Shanghai electronics show.

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Credit: Tesla/YouTube

Tesla showcased its Optimus humanoid robot at the 2026 Appliance & Electronics World Expo (AWE 2026) in Shanghai. The event opened Thursday and featured several Tesla products, including the company’s humanoid robot and the Cybertruck.

The display was reported by CNEV Post, citing information from local media outlet Cailian and on-site staff at the exhibition.

Tesla’s humanoid robot was presented as part of the company’s exhibit at the Shanghai electronics show. On-site staff reportedly stated that mass production of the robot could begin by the end of 2026.

Tesla previously indicated that it plans to manufacture its humanoid robots at scale once production begins, with its initial production line in the Fremont Factory reaching up to 1 million units annually. An Optimus production line at Gigafactory Texas is expected to produce 10 million units per year. 

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Tesla China previously shared a teaser image on Weibo showing a pair of highly detailed robotic hands believed to belong to Optimus. The image suggests a design with finger proportions and structures that closely resemble those of a human hand.

Robotic hands are widely considered one of the most difficult engineering challenges in humanoid robotics. For a system like Optimus to perform complex real-world tasks, from factory work to household activities, the robot would require highly advanced dexterity.

Elon Musk has previously stated that Optimus has the capability to eventually become the first real-world example of a Von Neumann machine, a self-replicating system capable of building copies of itself, even on other planets. “Optimus will be the first Von Neumann machine, capable of building civilization by itself on any viable planet,” Musk wrote in a post on X.

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