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Behind the Tesla and Elon Musk Attacks: Big Energy and Conservative Groups
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.
Can anyone uncover who is really writing these fake pieces? Can't be skankhunt42. His work is better than this. https://t.co/Qs69AFMGE5
— Elon Musk (@elonmusk) November 22, 2016
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 Pay. The 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?
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.
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by consumers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.
During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.
🚨 In short, Cybercabs are slated to go to customers by end of the year. All units are going into Robotaxi fleet currently, per @larsmoravy
Cybercab will be “transport-as-a-service,” but vast majority of Cybercab will be “Tesla-owned,” @elonmusk says https://t.co/R8Qu8QWdmp
— TESLARATI (@Teslarati) October 21, 2026
“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”
Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.
CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.
The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.
Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
Tesla Cybercab gets a for sale date at last
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
