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Musk talks Tesla Model 3 giveaway and Martian food firm on Reddit AMA
In a recently held Reddit AMA session, Kimbal Musk shared a number of details about his fully-loaded Tesla Model 3, revealing some unique aspects of the electric car he is giving away as part of his nonprofit’s latest fundraiser.
According to Elon Musk’s brother, Kimbal, his blue Tesla is quite special in the way that it is quite literally one of the first Model 3s to be made. Being VIN#006, Kimbal stated that his car was manufactured rather differently than most Model 3s on the road today. Musk also expressed his fondness for his vehicle, calling it one of the most beautiful cars in the world.
“The most special thing about my Model 3 that I’m giving away is that it is one of the first ever made. The early models are made a lot by hand, and it is one of the most beautiful cars in the world. It is so special to imagine someone out there having one of the first Model 3s in the world,” Musk said in his AMA.
While most of Kimbal’s Reddit AMA was dedicated to his food and farming programs, he did mention Big Green’s Model 3 raffle again. Responding to a member of the online community who asked if his Model 3 would include any special items, Kimbal candidly stated that there would indeed be other freebies for the lucky winner of his nonprofit’s fundraiser. What’s more, Musk stated that he would be happy to sign the electric car, effectively making his Model 3 even more unique.
“I would be happy to sign the car. Some freebies ideas will be announced soon as well.”
Showing a dash of classic Musk humor, Kimbal quipped that after he gives away his personal Model 3, he is planning to start walking more.
On a rather humorous note, Kimbal revealed that he had an opportunity to send a special package with Starman during the Falcon Heavy’s maiden flight. According to Kimbal, he was supposed to write a letter that would be placed together with the Roadster’s other cargo, but he ended up struggling with what he really wanted to say. Thus, he ultimately just decided to watch his older brother’s electric car get launched into space.
“I had an opportunity to send a letter up, but when I sat down to write it, I really struggled on what to say. In the end, I decided to just take the whole thing in and enjoy the launch,” Kimbal wrote in his AMA.
Kimbal also responded to a query asking if he would help his brother’s Mars colonization plan with his mastery of organic farming and food production. While Kimbal seemed careful to not divulge any concrete information about a partnership with SpaceX, he did joke about what he would call his Martian food company. According to Musk, his Martian firm will be called “All your food are belong to us!”
Kimbal’s joke about his Martian food firm is a direct reference to Zero Wing, a game for the Sega Genesis released in 1992. The game, which was originally in Japanese, was ported to the West, though its dialogue featured some of the most iconic instances of English mistranslations in gaming history, the most prominent of which was the meme-worthy sentence “All your base are belong to us.”
As we noted in a recent report, Kimbal Musk is giving away his personal early edition Model 3 to a lucky donor for Big Green, his nonprofit food literacy program for children in public schools. Anyone interested in acquiring the rare, signed Model 3 could put in donations for the nonprofit, with as little as $10 translating to 100 entries for the mass market electric car. Those interested in joining Kimbal’s Model 3 raffle can click here.
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
