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OPINION: Tesla Vandalism lawsuit should be the first of many

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Credit: CBS Colorado

The filing of a lawsuit by a Tesla owner who had his vehicle vandalized by a brainwashed member of what is being called the “Tesla Takeover” movement should be the first of many.

For the past few months, we have seen so many instances of intimidation by those who oppose Tesla, CEO Elon Musk, and President Donald Trump. These occurrences have been incredibly frequent and have varied in terms of their severity. It’s been as arbitrary as keying a car, and as violent as gunshots and Molotov cocktails being shot and thrown at showrooms.

The side of the perpetrators seems to be under the impression that President Trump and Musk are punishing those who have differing viewpoints as if their very livelihoods are under attack. The problem is, although government spending and some government programs are being modified or eliminated, there is no specific group being targeted, which is a big reason the use of the word “Nazi” has been baffling to me over the past few months.

That other side will have you believe there is a right-wing force that has taken over the government and aims to violate the rights of everyone who is unlike them. Ironically, it is precisely what the “protestors” are doing. Don’t agree with us? Okay. We’ll damage your vehicle.

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Although the Trump administration and the FBI have set up specific measures to investigate instances of vandalism and hopefully eliminate it altogether, things have not truly calmed down. In fact, it seems it is getting worse.

However, a lawsuit filed by a victim of one of these senseless attacks has set a new precedent: damage my car, you will find yourself in a lawsuit:

In actuality, this might be the best strategy for minimizing the instances of vandalism we have seen over the past several months. Nothing seems to be working, and the attackers, who appear to be of all shapes, sizes, and ages, only seem to be doing it more often, despite being caught on camera by Sentry Mode.

The suit that was filed against Rafael Hernandez, who keyed a Model X at DFW Airport, seeks $1m in damages. While it is unlikely he will be awarded that significant sum, what Hernandez ends up paying could be significantly more than just the amount of repairing the scratch.

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This all funnels down to one specific point: Tesla drivers are simply that, people who drove to buy and drive a Tesla. Driving a car is not a political statement; it is, in many ways, simply a choice of convenience. People choose EVs for many reasons, with home charging, performance, and look being several of them.

Ask 100 Tesla owners why they bought the car, and I’m sure many would not say, “Because I love Elon Musk and agree with everything that comes out of his mouth.”

I am an Elon Musk fan, but I don’t agree with everything he has done or will do. I don’t agree with everything my parents, my friends, or my family do. I am not a loyalist to anyone except myself. This is where I find the vandalism to be so distasteful.

If Toyota’s CEO came out and said things that were controversial, for example, “We’re not transitioning to EVs because we don’t feel it’s the right time with demand,” something that was stated a few years ago as a part of their strategy, do you think Tesla owners were keying Toyotas? No.

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Support brands that line up with your ideologies. Avoid ones that don’t. People of all ages do this peacefully. If you want to hurt a brand, don’t give them or their customers your money. Keying a Tesla might result in both with this initial lawsuit.

The point is, there is a right way and a wrong way to go about this. Vandalism is not the right way. Not only are you disrupting someone’s life who has nothing to do with Tesla, but now you’re putting yourself in the line of fire for a particularly substantial sum of money. Additionally, you’re not winning over any fans with this type of reaction. Nobody said “I now see their point since they keyed my car, I agree with them.”

I am hopeful that this lawsuit will encourage Tesla to go after the violent vandals who have attacked its stores. I am hopeful that this lawsuit will encourage Tesla owners to go after the violent vandals who have had their cars damaged by senseless people who have differing political views.

Perhaps this is the move that will start to bring down the frequency of these attacks.

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Elon Musk

Elon Musk just put a $1 Trillion revenue number on SpaceX

SpaceX surged 19% on its first trading day as Musk projected $1 trillion revenue by 2030.

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Rendering of a colonized Mars by way of SpaceX

Just days after SpaceX stock pushed its market cap past $2 trillion on its first trading session, closing at $160.95, a 19% gain on the $135 IPO price, Elon Musk posted his own revenue projection on X that went well beyond anything Wall Street modeled. “I think SpaceX might be able to reach approximately $1T revenue in 2030,” Musk wrote, then followed up: “And I would be surprised if revenue is not greater than $1T in 2031.” That forecast sits roughly three times above the most bullish institutional estimate on the table.

Morgan Stanley, one of the lead underwriters, projects SpaceX revenue of $160 billion in 2028, $330 billion in 2030, and $3.4 trillion by 2040, with adjusted EBITDA projected to exceed $2.7 trillion at that point. Reaching those numbers from SpaceX’s $18.7 billion in 2025 revenue requires a compound annual growth rate of roughly 42%, which would outpace even Amazon’s fastest growth era. Morgan Stanley’s model places AI infrastructure as the heaviest revenue driver, projecting $190 billion from SpaceX’s AI business alone by 2030. That figure is anchored to xAI’s Grok platform and the Colossus supercomputer following the earlier merger.

Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry

The government revenue pipeline provides a more predictable foundation under those projections. As we have previously reported, SpaceX holds at least $22 billion in cumulative federal contracts across NASA, the Space Force, the NRO, and the Space Development Agency, with 52 active contracts carrying $11.8 billion in remaining value. The NASA Artemis Human Landing System contract alone is valued at $4.04 billion, covering a second crewed lunar landing demonstration targeted for the Artemis IV mission. SpaceX is also a frontrunner for the Golden Dome missile defense shield, and the FAA has approved up to 44 Starship launches from LC-39A in 2026, setting the stage for Starship to become the backbone of both commercial and government heavy lift. Whether Musk’s $1 trillion number proves visionary or simply optimistic, the infrastructure to get there is already being funded.

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SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know

SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.

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SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.

At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.

SpaceX’s amended S-1 is sparking a major Tesla merger conversation

 

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The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.

Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.

Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”

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SpaceX’s Elon Musk relieves worries about orbital data centers

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Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)
Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)

SpaceX CEO Elon Musk recently confronted worries about orbital data centers and launching satellites in mass quantities in space, as some voiced concerns about crowding.

Musk’s SpaceX plans to combat the issue of needing data centers by launching them into space instead of taking up valuable real estate on Earth. It has been a major point of SpaceX’s future, including its looming IPO, which could be the largest ever.

In a recent interview filmed at SpaceX’s Starlink terminal factory in Bastrop, Texas, Elon Musk directly addressed concerns that deploying large numbers of AI satellites for orbital data centers could crowd Earth’s orbit. His message was straightforward and reassuring: space is vast beyond human intuition.

“Space is really big,” Musk said. “It’s not like space is gonna get crowded. Space is enormous. If you actually look at it relative to the Earth, the satellites are so tiny you can’t even see them.” He emphasized that even zooming in makes a satellite appear large, but from a planetary perspective, they are minuscule specks.

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Musk pointed to SpaceX’s real-world experience operating roughly 10,000 Starlink satellites as evidence that large constellations can be managed safely. “We’ve got a pretty good idea of how to operate just really large constellations and do it safely,” he noted. SpaceX remains the only operator with meaningful experience at this scale, giving the company unique insight into tight orbital packing without compromising safety

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The discussion highlighted SpaceX’s plans for “AI1” satellites—essentially orbiting racks of AI compute powered by massive solar arrays and cooled via radiative panels in space’s vacuum.

These satellites leverage proven Starlink V3 technology, making them simpler to design than communications satellites. A first-generation unit targets around 150 kW peak power, with a 70-meter wingspan for solar panels and radiators. Laser links will connect them to each other and the Starlink network, delivering low-latency access (on the order of a few milliseconds from low-Earth orbit).

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Musk framed orbital data centers as a practical solution to Earth’s constraints on AI growth. Ground-based facilities face power shortages, water demands for cooling, and grid limitations. In space, constant sunlight (no day-night cycle), vacuum radiative cooling, and abundant solar energy offer clear advantages.

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Production will ramp up at an expanded “Gigasat” factory in Bastrop, with solar manufacturing already underway and full AI satellite output expected at reasonable volume by the end of 2027. Starship’s rapid, high-volume launch capability, aiming for multiple flights per hour, will make massive deployment feasible.

Critics sometimes raise risks like space debris or Kessler syndrome, but Musk’s response underscores scale: even a million satellites would represent an imperceptible fraction of available orbital volume when viewed against Earth’s size. SpaceX’s automated collision avoidance and deorbiting designs for Starlink further mitigate concerns.

This vision ties into broader ambitions. Musk sees orbital AI compute as a step toward harnessing more of the Sun’s energy, advancing humanity on the Kardashev scale from a Type 0 civilization toward Type 1 and eventually Type 2. By moving power-hungry data centers off-planet, SpaceX aims to unlock orders-of-magnitude more compute while preserving Earth’s resources.

Musk’s comments should ease public anxiety. With proven operational expertise, incremental engineering, and the immensity of space itself, orbital data centers represent not overcrowding, but smart expansion into the final frontier.

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