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Behind the Tesla and Elon Musk Attacks: Big Energy and Conservative Groups

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Elon Musk and Tesla Motors have their share of detractors, some of whom have become more vicious than usual as of late. According to a recent article published by The Drive, focused attacks on Tesla and SpaceX emanate from conservative group Citizens for the Republic. CftR is an organization founded in 1977 by Ronald Reagan that calls itself ” a national organization dedicated to revitalizing the conservative movement.” Its stated mission is to “ferret out corruption that wastes taxpayer dollars and continually undermines the American people in favor of the powerful and profitable.” CftR lists its national chairman as Laura Ingraham, a right wing pundit and possible press secretary for Donald Trump.

Musk and his various companies are frequently singled out as examples of taxpayer waste. CftR’s recent activity focuses on a website called Stop Elon From Falling Again whose motto is, “The One Stop Database On Stopping Elon Musk.” It claims “Elon Musk has defrauded the American Taxpayer out of over $4.9 Billion in the form of subsidies, grants, and other favors.”

One of CftR’s regular themes is that incentives promoting solar power are wasteful. “The solar industry has been a pet-industry of the Obama Administration and those who claim to care about the environment. Washington has given Solar companies millions in federal tax credits and subsidies that are costing taxpayers millions, despite posting losses year after year. When Solyndra, Ener1, and others get government tax breaks, the American people need to know. The US government needs to stop meddling in industries and create an atmosphere that allows to prosper without pledging taxpayer support.”

The group fails to mention an article in the New York Times from earlier this year that alleges fossil fuel companies get $4 billion a year in subsidies from the federal government. Nor does it include a reference to the finding of the International Monetary Fund earlier this year that fossil fuel interests receive more than $5 trillion in direct and indirect subsidies from governments around the world each year. When it comes to ferreting out wasteful government spending, people tend to overlook benefits that flow to activities they approve of — or are paid to promote.

Elon has good reason to be suspicious of his rivals. Earlier this year, the Koch Brothers whose total income from fossil fuel related business estimated at $115 billion let it be known they had created a special $10 million a year fund to induce media to run stories favorable to fossil fuels. It worked.

On  March 7,  Forbes ran a story entitled Forget The Gas Tax, Here’s How Policymakers Make Drivers PayThe subtitle is, “CAFE standards are not an effective climate change policy; they are a meaningless gesture.” On the same day, Fortune ran a story entitled What Electric-Car Lovers Get Wrong About Fossil Fuels. On March 11, the Wall Street Journal ran an op-ed entitled Voters Should Be Mad at Electric Cars, sensationalizing it with a subheading “If Trump and Sanders fans hate absurd handouts to elites, the Tesla economy is the place to look.”

Also on March 11, The Herald Scotland ran this story: Time to get off the back of fossil fuels and show support rather than back daft divestment campaigns. “Koch Industries does not oppose electric vehicles,” said Philip Ellender, a spokesman for the company. “What we oppose is government subsidizing and mandating a particular form of energy over another. We oppose all subsidies – even for those industries in which we participate.”

Does that sound oddly similar to CftR’s line about how “The US government needs to stop meddling in industries and create an atmosphere that allows to prosper without pledging taxpayer support?” How about this statement from Donald  Trump during the campaign? Last May, as reported by CNN, he told the press, “The government should not pick winners and losers, instead it should remove obstacles to exploration.” From Charles’ and David’s mouth to Trump’s ear, perhaps?

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Yahoo says, “Musk attracts an unusually large and varied number of shrouded online attacks, including phony op-ed pieces, websites with shadowy backers, and individuals who hide behind aliases.” For whatever reason, some people have it in for Elon Musk and are hoping against hope to see him fail. That may be the reason why Tesla Motors is one of the most shorted stocks on Wall Street. Even analysts are divided into separate camps. The Motley Fool generally looks favorably on the company and its prospects for success. Seeking Alpha often takes a more pessimistic view.

In the digital world, truth and fiction are intertwined in a way that makes it hard for people to glean accurate information. Fake news is everywhere and may even have played a key role in the recent election according to the Washington Post. How does anyone know who or what to believe?

Let the trolls launch their slings and arrows Elon’s way. They will not deter him from moving towards his goal — a world where fossil fuels stay in the ground and abundant renewable electricity from the sun is the order of the day.

"I write about technology and the coming zero emissions revolution."

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Elon Musk

SpaceX announces new Starbase for ‘thousands of Starship launches annually’

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Credit: SpaceX

SpaceX announced today that it would expand its launch capabilities into a new U.S. state: Louisiana.

Today, SpaceX, in conjunction with the Louisiana Economic Development Office, said that it will establish a new launch facility, which it will call Starbase, Louisiana. It will be located near Vermilion Parish, supporting thousands of launches each year, at least eventually.

CEO Elon Musk commented by stating, “Starbase Louisiana will ultimately have over a dozen launch towers, enabling more than 30 Starship flights per day and making it the biggest launch site on Earth!”

The expansion is SpaceX’s latest move to push its launch cadence to be more frequent than ever. SpaceX said that Starbase, Louisiana, will be built to “support thousands of Starship flights a year,” with the first coming in 2029.

SpaceX announced the new facility in partnership with the Louisiana Economic Development Office as it will bring a major influx of jobs and investments into the area. Currently, it will produce more than 3,000 new jobs in Louisiana, and SpaceX plans to invest at least $100 billion into the entire facility, ensuring that many jobs are created as a result.

Environmental Responsibility

SpaceX acknowledges the impact launches could have on marshlands, local wildlife, and water sources. Here’s how the company plans to help with the issues in Vermilion Parish:

  • Restoring the Shoreline: “In Vermilion Parish, the shoreline is eroding between 3.3 and 23 feet per year. We’re partnering with state and federal agencies to expand Louisiana’s Coastal Master Plan and Coastal Wetlands Planning, Protection and Restoration Act projects, including Gulf shoreline protection breakwaters designed to reduce wave energy and slow loss along the Gulf edge.”
  • Rebuilding the Marshlands: “In working with the state, we’re planning thousands of acres of marsh creation using beneficial-use placement of dredged material and offshore sediment sources. Restoration will also include interior marsh bank stabilization and rebuilding marsh in remnant canals. These projects can reconnect fragmented wetlands, restore natural buffers against storms, and return habitat that has been lost to erosion and historic canalization.”
  • Preserving Coastal Wildlife: “Pecan Island and nearby wetlands are high-value habitat for migratory waterfowl, shorebirds, wading birds, and other coastal wildlife. SpaceX is not developing the full footprint of the land and will preserve wetlands and wildlife habitat. At existing launch sites, waterfowl and other birds continue to use nearby habitat during operations. Working with wildlife agencies, landowners, and conservation groups, SpaceX will support monitoring and management so this habitat stays productive and hunting, fishing, birding, and other recreational activities that are part of this coast’s culture can continue.”

SpaceX shares rose about 2.5 percent on the news.

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Cybertruck

Tesla just made Cybertruck more expensive

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Credit: Tesla

Tesla Cybertruck trims saw a big price change, at least on two of the three available to consumers, as demand for the all-electric pickup appears to be increasing.

Tesla bumped up its Base All-Wheel-Drive trim level up to $74,990 from $69,990 and the Premium All-Wheel-Drive configuration from $79,990 to $84,990. The Cyberbeast price remains unchanged at $99,990.

Despite questions of demand for the truck, Tesla is bumping its two least expensive trims up $5,000 to signal that there are plenty of buyers. Although SpaceX has been buying Tesla Cybertruck units to utilize as company vehicles, it is no secret that the Cybertruck is among the most sought-after Tesla models out there.

The issue has always been pricing, at least for the most part. When Tesla initially launched the Cybertruck AWD at $59,990 a few months back, the company stated that price would remain intact for just ten days due to the influx of orders it received.

Cybertruck Sales: Is It the Product or Pricing?

Depending on who you ask, you will likely hear one of two explanations for relatively low Cybertruck sales: either the product itself or the pricing.

Yes, this is the best-selling all-electric pickup on the market. However, there are people who simply hate the look of it, which I understand, but do not agree with. Look is totally subjective, and I love the look of the Cybertruck.

Some people will not buy the Cybertruck because of the look, but I am under the impression that sales would be much better if this truck were priced lower; something that might not be possible considering Tesla’s need to make money on its products. When it was unveiled in 2019, its most expensive trim level was $69,990. Now, the cheapest trim level is more expensive than that.

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I would be in a Cybertruck if it were more affordable. I LOVE my Model Y, but Cybertruck is the best vehicle Tesla makes, and it’s not particularly close. Even in the base model, the steer-by-wire, the space, storage, and performance make it more desirable than the Model Y to me. I cannot be the only Tesla owner without a Cybertruck who feels this way.

If you’re interested in buying a Tesla vehicle, use my referral link.

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Energy

Tesla Semi factory is getting a celebration nobody expected

Tesla will inaugurate its Nevada Semi factory September 24, five months after production quietly began ramping.

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Tesla says it will officially inaugurate its new Semi factory in Nevada next month. The Tesla Semi account posted the announcement on X, sharing a graphic titled “Semi Rollout” with a date of September 24. No further details were given about the format of the event or who would attend.

While Tesla’s dedicated Semi plant in Sparks, adjacent to Gigafactory Nevada, opened back in April, with the first trucks rolling off the high volume line on April 29, the timing for the factory inauguration comes at a surprise. The ribbon cutting event five months into production is a break from how Tesla has usually handled its other factories, where the first truck or car off the line typically served as the milestone moment.

The 1.7 million square foot factory was built as part of a $3.6 billion expansion Tesla announced in early 2023, and it shares a site with the battery cell lines that feed the Semi’s structural pack, a decision meant to remove the supply bottleneck that delayed the truck for years. The plant is designed for 50,000 trucks a year at full ramp. Semi program director Dan Priestley has said production “is now ramping” rather than claiming it has reached scale.

Nine years passed between the Semi’s 2017 unveiling and this stage of production, with the truck slipping from an original 2019 target through hand built pilot units for PepsiCo and a slow build out of the Nevada plant. An inauguration event now gives Tesla a stage to talk up that ramp and reset expectations for how many trucks it can begin delivering at scale.

The September date also lines up with the Semi’s next milestone. Tesla confirmed the truck is heading to Europe with a full unveiling at the IAA Transportation trade show in Hannover, Germany, running September 15 through 20. Between the Nevada event and the Hannover reveal, Tesla has roughly a week and a half in September to make the case that the Semi is now a truck being built and sold on two continents rather than tested in a handful of fleets.

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