The mainstream media’s trashing of Elon Musk is not journalism at all. In fact, I think it’s highly disturbing that news websites are so obsessed with Elon Musk. They’ve gone from using his name to make money off of clicks to making up stuff about him or twisting his words for clicks.
Remember that Wall Street Journal article from this weekend? The one that accused Elon Musk of having an affair with Sergey Brin’s wife and claimed that Elon and Sergey were no longer friends. This is one example.
The WSJ’s decision to stand by its already refuted article shows that journalistic ethics have been sold for clicks. It’s a sad day for journalism.
Moreover, I talked to Sergey yesterday and he says neither he nor anyone he knows has talked to WSJ
— Elon Musk (@elonmusk) July 27, 2022
Not only did Elon Musk publicly deny the story, but so did Nichole Shanahan’s lawyer. In a statement to The Daily Mail, the attorney said that not only was the WSJ’s report false, but it was also defamatory.
“Make no mistake, any suggestion that Nicole had an affair with Elon Musk is not only an outright lie but also defamatory.”
Additionally, Elon Musk shared a photo of himself and the Google co-founder with the New York Post and said, that he’d spoken with both parties who were adamant that they were not the source behind the WSJ’s claims.
Why is the mainstream media’s trashing of Elon Musk intensifying?
Why does the mainstream media hate Elon Musk so much? This is a question I asked on Twitter. It was rhetorical because many in the Tesla community, including myself, suspect a few reasons.
Tesla’s refusal to buy advertising, Elon’s continuous standing up for himself against trolls, and of course, the clicks.
One thing I’ve noticed is that this hatred of Elon is intensifying. And the WSJ’s refusal to retract its allegations reflects its dismissal of journalistic ethics. According to a spokesperson from the outlet, “We are confident in our sourcing, and we stand by our reporting.”
That WSJ article doesn’t line up with the SPJ Code of Ethics.
The Society of Professional Journalists has its own Code of Ethics and in my opinion, that hit piece on Elon Musk definitely does not line up with that code.
These sources were not identified clearly and yet the WSJ is banking its reputation on these sources despite not even interviewing any of the parties involved. Another note from the SPJ Code of Ethics is to consider the motives of the sources before promising anonymity.
In fact, journalists should reserve anonymity for sources who may face danger, retribution, or other harm. And they need to have information that can’t be obtained elsewhere.
If the story were true, where’s the evidence?
If the story of Elon Musk kneeling in front of Sergey Brin at a party were true, why are there no videos or photos? Surely it would be easy to pull out your phone, snap a pic and post it to Twitter. Everyone wants photos of Elon Musk.
If we can see Elon vacationing with his friends in Greece, then surely the WSJ would want to see evidence of Elon doing what they said he did. How come we don’t have any evidence?
Ethics traded for the trashing of Elon Musk
The SPJ Code of Ethics also says that journalists should balance the public’s need for information against potential harm or discomfort. “Pursuit of the news is not a license for arrogance or undue intrusiveness.”
The code also calls for journalists to show compassion for those who may be affected by the news coverage. Where is the compassion for Elon Musk, Sergey Brin, and Nichole Shanahan?
You can access the full code of ethics here.
If you have a tip, feel free to send them to johnna@teslarati.com
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.
Investor's Corner
SpaceX gets initial stock coverage from Tesla’s biggest bull
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.
News
Tesla expands massive safety feature worldwide in latest update
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.