News
Elon Musk isn’t the reason Twitter shelved its OnlyFans competition plans
Elon Musk is not responsible for Twitter’s decision to change its mind on creating an OnlyFans competition feature as some headlines imply. In fact, he isn’t even involved with this problem at all. This has been an issue that Twitter has been plagued with well before Elon made his bid to buy Twitter earlier this year.
The Verge initially reported that Twitter’s problem with child sexual abuse ruined its plans for an OnlyFans competitor and cited internal documents and Twitter employees.
The only connection to Elon Musk was his bid on Twitter earlier this spring. However, several headlines are linking Elon Musk to this fiasco and this is creating a dangerous narrative that takes the focus from the problem of sexual exploitation of children and refocuses it on Elon Musk.
My friend and fellow journalist, Eliza Bleu (TheBlaze), is a survivor of human trafficking and is now a survivor and advocate. Her article about Elon Musk’s vision for Twitter potentially solving the problem with the platform’s child sexual abuse material was actually censored by Twitter.
She brought the following misleading headlines to my attention. According to Business Insider, Twitter canceled its plans with competing with OnlyFans after Elon Musk placed his takeover bid. Although that headline has been changed, the narrative has been set.
In the report by The Verge, Twitter employees said that the company could not accurately detect child sexual exploitation and non-consensual nudity at scale.” And this was concluded in April 2022. This had absolutely nothing to do with Elon Musk’s bid to buy the company.
The Washington Post also published a similar article touching upon child exploitation, Twitter, and connecting Elon Musk’s decision to bid on buying Twitter.
However, as Eliza pointed out in the tweet below, this issue with child sexual exploitation isn’t new. She pointed to a 2012 article by The Guardian that is over 10 years old, titled “Twitter is failing to police child pornography efficiently.”
I appreciate you writing about this but “now apparently” the Guardian wrote about this issue in 12’.
The platform is currently being sued by two minor survivors headed to @US9thCircuit
Multiple countries have threatened to remove Twitter because of child sexual abuse material https://t.co/7Ga6tHetMI
— 𝔈𝔩𝔦𝔷𝔞 (@elizableu) August 31, 2022
The real issue isn’t Elon Musk.
The issue has been long-standing and bringing Elon Musk into the narrative takes the focus away from the actual problem. In 2021, The New York Post reported that Twitter refused to take down widely shared pornographic images of a teenage sex trafficking victim because Twitter “didn’t find a violation.” of its policies.
Earlier this month, the San Francisco Examiner reported that Twitter declined to remove a video that shows the sexual exploitation of minors. The child was only 13 years old and he and his family begged Twitter to remove the videos. Twitter refused, stating that it had reviewed the content and didn’t find a violation of its policies.
Hany Farid, the creator of PhotoDNA, an image identification, and content filtering technology that has been used as part of digital forensics, pointed out that this was child sexual abuse material.
“It’s child sexual abuse material. He was 13 years old and being extorted. What the hell is Twitter doing?”
I spoke with Eliza and she pointed out that this problem was well before Elon Musk made his bid to purchase the platform.
“Unfortunately, Twitter has had a long history of being unwilling to tackle child sexual exploitation material at scale. John Doe # 1 and John Doe #2, the two minor survivors currently suing Twitter, bravely stepped forward to sue the platform for refusal to remove the content long before Elon Musk made a bid to purchase Twitter.”
“Elon Musk is truly the least of Twitter’s concerns. The suffering of vulnerable children exploited and monetized on its platform should be a higher priority. Any attempt by the corporate media to act like the Elon Musk bid had a hand in stopping their plans to monazite adult sexual content is disrespectful to the brave minor survivors currently suing the platform. It’s also not factual.”
Recently, Elon Musk outlined several more reasons as to why he wanted out of the Twitter buyout deal. Perhaps he’ll add this to the list.
Your feedback is important. 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 @JohnnaCrider1
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
