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Scammers use Elon Musk to advertise on Facebook and Instagram Scammers use Elon Musk to advertise on Facebook and Instagram

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Scammers use Elon Musk’s face to advertise on Facebook and Instagram

Credit: JC

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Scammers are using doctored videos and images of Elon Musk to advertise on Facebook and Instagram. Meta, Facebook, nor Instagram are doing anything to stop these out-of-control scammers.

Hopefully, that will change. Probably not.

Busted!

Andrea Stroppa, former contributor to the World Economic Forum, and cyber security researcher focusing on digital communication, social media, and research, shared what he found. He also shared his thoughts with me.

In a Twitter thread, Andrea pointed out that both Facebook and Instagram have a major problem. Both social media networks allow hundreds of sponsored posts that link to scams.

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These scammers are using the name and face of Elon Musk with fake interviews or fake endorsements.

“In the past three days, this page created 20 different ads on Facebook and Instagram with a video of Elon Musk that suggested investing in a crypto platform. It’s a scam,” Andrea tweeted.

Andrea found that these scammers also use verified Facebook pages to advertise on the Meta apps. These verified pages are most likely hacked.

Elon Musk, SpaceX, and Tesla are used in these scams.

The scammers don’t limit themselves to verified pages, but they also have recently created pages with fewer than ten thousand followers that are given the green light by Facebook to advertise.

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Elon Musk isn’t the only one these scammers are using to advertise their scams. They also use the logos of both Tesla and SpaceX.

And they use the power of the Meta Business Suite to target specific users for countries, ages, sex, and other variables.

Analyzing Fraudulent Ads on Facebook And Instagram

Andrea said that his team analyzed the fraudulent ads on these platforms that were related to counterfeit products for a particular target audience.

What he found instead were these scams which, he added, are very likely the top of the iceberg. These scams have a common pattern.

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In my opinion, Facebook doesn’t seem to care about stopping it. As long as they get their money, they seem to be just fine with the scams. If not, then they would put an end to the scams. Right?

Perhaps someone at Meta will read that and prove me wrong.

Austrian Office of Taipei hacked

Credit: Andrea Stroppa

Andrea’s team even found a government page involved with the scams. He shared a screenshot of the Austrian Office Taipei’s post claiming “Tesla’s latest project shocks the world and the bank is in shock.”

Fortunately, the Austrian Office of Taipei was able to recover their account and posted a statement about being hacked.

However, all of their content posted between August 2021 and May 2022 was deleted.

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“We apologize for any inconvenience caused by the scammers. We have done all we can to make sure that nobody is able anymore to abuse our page.”

“As of today, we will return in the usual manner to inform you about our activities in Taiwan, inform you about Austria in all its aspects, such as culture, as a travel destination, its economy and businesses, science and innovation, sustainability and many other areas.”

“Thank you so much for your support. The Team of the Austrian Office Taipei.”

Elon Musk & Meta’s users are victims of negligence

Andrea called on Andrew Bosworth (Boz) the Chief Technology Officer at Meta and

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Adam Mosseri, the Head of Instagram to be serious about the moderation of ads on these networks.

“Elon Musk and your users are both victims of scammers and your negligence. Fix it now.”

In a statement to Teslarati, Andrea Stroppa said,

“No doubt that Elon Musk is not just one of the best entrepreneurs of his generation but even a formidable capital allocator. That’s why many people want to listen to his bits of advice.”

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“But all these ads appearing on Facebook and Instagram with potential investments are scams.”

“Looking at these malicious ads, there are many common patterns, keywords, and media content. Facebook has the technical skills to reduce the magnitude of these damaging activities. But they don’t.”

 

 

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Johnna Crider is a Baton Rouge writer covering Tesla, Elon Musk, EVs, and clean energy & supports Tesla's mission. Johnna also interviewed Elon Musk and you can listen here

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Elon Musk

Elon Musk hints Tesla investors will be rewarded heavily

“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet,” Musk said.

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Credit: Grok

Elon Musk recently hinted that he believes Tesla investors will be rewarded heavily if they continue to hold onto their shares, and he reiterated that in a new interview that the company released on its social accounts this week.

Musk is one of the most successful CEOs in the modern era and has mammothed competitors on the Forbes Net Worth List over the past year as his holdings in his various companies have continued to swell.

Tesla investors, especially those who have been holding shares for several years, have also felt substantial gains in their portfolios. Over the past five years, the stock is up over 78 percent. Since February 2019, nearly seven years ago to the day, the stock is up over 1,800 percent.

Musk said in the interview:

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“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet.”

It’s no secret Musk has been extremely bullish on his own companies, but Tesla in particular, because it is publicly traded.

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However, the company has so many amazing projects that have an opportunity to revolutionize their respective industries. There is certainly a path to major growth on Wall Street for Tesla through its various future projects, including Optimus, Cybercab, Semi, and Unsupervised FSD.

  • Optimus (Tesla’s humanoid robot): Musk has discussed its potential for tasks like childcare, walking dogs, or assisting elderly parents, positioning it as a massive long-term driver of company value.
  • Cybercab (Tesla’s robotaxi/autonomous ride-hailing vehicle): a fully autonomous vehicle geared specifically for Tesla’s ride-sharing ambitions.
  • Semi (Tesla’s electric truck, with mentions of expansion, like in Europe): brings Tesla into the commercial logistics sector.
  • Unsupervised FSD (Full Self-Driving software achieving full autonomy without human supervision): turns every Tesla owner’s vehicle into a fully-autonomous vehicle upon release

These projects specifically are some of the highest-growth pillars Tesla has ever attempted to develop, especially in Musk’s eyes, as he has said Optimus will be the best-selling product of all-time.

Many analysts agree, but the bullish ones, like Cathie Wood of ARK Invest, are perhaps the one who believes Tesla has incredible potential on Wall Street, predicting a $2,600 price target for 2030, but this is not even including Optimus.

She told Bloomberg last March that she believes that the project will present a potential additive if Tesla can scale faster than anticipated.

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Cybertruck

Tesla drops latest hint that new Cybertruck trim is selling like hotcakes

According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:

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(Credit: Tesla)

Tesla’s new Cybertruck offering has had its delivery date pushed back once again. This is now the second time, and deliveries for the newest orders are now pushed well into 2027.

According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:

Just three days ago, the initial delivery date of June 2026 was pushed back to early Fall, and now, that date has officially moved to April 2027.

The fact that Tesla has had to push back deliveries once again proves one of two things: either Tesla has slow production plans for the new Cybertruck trim, or demand is off the charts.

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Judging by how Tesla is already planning to raise the price based on demand in just a few days, it seems like the company knows it is giving a tremendous deal on this spec of Cybertruck, and units are moving quickly.

That points more toward demand and not necessarily to slower production plans, but it is not confirmed.

Tesla Cybertruck’s newest trim will undergo massive change in ten days, Musk says

Tesla is set to hike the price on March 1, so tomorrow will be the final day to grab the new Cybertruck trim for just $59,990.

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It features:

  • Dual Motor AWD w/ est. 325 mi of range
  • Powered tonneau cover
  • Bed outlets (2x 120V + 1x 240V) & Powershare capability
  • Coil springs w/ adaptive damping
  • Heated first-row seats w/ textile material that is easy to clean
  • Steer-by-wire & Four Wheel Steering
  • 6’ x 4’ composite bed
  • Towing capacity of up to 7,500 lbs
  • Powered frunk

Interestingly, the price offering is fairly close to what Tesla unveiled back in late 2019.

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Elon Musk

Elon Musk outlines plan for first Starship tower catch attempt

Musk confirmed that Starship V3 Ship 1 (SN1) is headed for ground tests and expressed strong confidence in the updated vehicle design.

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Credit: SpaceX/X

Elon Musk has clarified when SpaceX will first attempt to catch Starship’s upper stage with its launch tower. The CEO’s update provides the clearest teaser yet for the spacecraft’s recovery roadmap.

Musk shared the details in recent posts on X. In his initial post, Musk confirmed that Starship V3 Ship 1 (SN1) is headed for ground tests and expressed strong confidence in the updated vehicle design.

“Starship V3 SN1 headed for ground tests. I am highly confident that the V3 design will achieve full reusability,” Musk wrote.

In a follow-up post, Musk addressed when SpaceX would attempt to catch the upper stage using the launch tower’s robotic arms. 

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“Should note that SpaceX will only try to catch the ship with the tower after two perfect soft landings in the ocean. The risk of the ship breaking up over land needs to be very low,” Musk clarified. 

His remarks suggest that SpaceX is deliberately reducing risk before attempting a tower catch of Starship’s upper stage. Such a milestone would mark a major step towards the full reuse of the Starship system.

SpaceX is currently targeting the first Starship V3 flight of 2026 this coming March. The spacecraft’s V3 iteration is widely viewed as a key milestone in SpaceX’s long-term strategy to make Starship fully reusable. 

Starship V3 features a number of key upgrades over its previous iterations. The vehicle is equipped with SpaceX’s Raptor V3 engines, which are designed to deliver significantly higher thrust than earlier versions while reducing cost and weight. 

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The V3 design is also expected to be optimized for manufacturability, a critical step if SpaceX intends to scale the spacecraft’s production toward frequent launches for Starlink, lunar missions, and eventually Mars. 

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