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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.

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

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“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.

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.

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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.

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.

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

“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.”

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

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“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.”

 

 

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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Tesla is about to make parking in busy lots less stressful than ever

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Tesla FSD 14.3 [Credit: TESLARATI)
Tesla FSD 14.3 [Credit: TESLARATI)

Tesla is about to make parking in busy parking lots at businesses and other points of interest less stressful than ever by allowing drivers more control over where they park and how, CEO Elon Musk confirmed on X.

Tesla has been working to improve the parking performance of vehicles utilizing the Full Self-Driving suite, but now it is looking to add more customization, allowing drivers to choose the specific space they park in, but also potentially the orientation the car pulls into the spot:

Musk has reiterated on X twice over the past several weeks that Tesla is working to make things with the FSD suite based more on the driver’s specific preferences and behaviors that were seen in past drives.

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Essentially, it sounds like if you tend to park away from a business to avoid other vehicles, Tesla FSD will soon recognize that preference of yours and start parking further away as well. Additionally, the prospect of assigned parking spaces has been something many owners have voiced concerns about.

Living in a community with assigned parking spaces makes using FSD incredibly difficult as it will rarely park in the correct spot when there are so many to choose from. This is also pertinent in work settings where there are sometimes assigned parking spaces.

The updates to Tesla’s Full Self-Driving suite in terms of listening to driver preferences with parking are also extending to routing. Tesla announced yesterday that with the release of its 2026 Summer Update, it was adding Automatic Navigation and Preferred Routes:

Tesla reveals 2026 Summer Update with crazy fixes to Nav and more

Tesla has always maintained the idea that any human input is bad input, and that, ideally, Tesla Full Self-Driving will always make the right decision. Of course, this is all in theory, but the issue is that so many of Tesla’s interventions have come because it does something that is not necessarily wrong, but perhaps not what the driver would prefer.

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Taking these preferences into account will help Tesla alleviate some of the potentially unnecessary interventions that drivers perform.

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Tesla starts preparing for Optimus in its smartphone app

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Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.

Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:

A Dedicated “Robot” Phone Key Authentication

Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.

Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont

Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.

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This is a great security feature that will eliminate at least face-value and low-level threats.

Home Data Collection and System Alerts

This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.

There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.

Other Changes

Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.

You can check out our coverage on what is included with the 2026 Summer Update here:

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Tesla reveals 2026 Summer Update with crazy fixes to Nav and more

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Investor's Corner

Tesla Q2 Earnings: Here’s what to expect

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(Credit: Tesla)

Tesla (NASDAQ: TSLA) will report its earnings for the second quarter of 2026 this evening after market close, and investors and analysts are waiting anxiously to see what the company will report for the second three-month span of the year.

Analysts have already put out their expectations from a financial standpoint for the company’s second quarter, but what’s unknown is what Tesla plans to discuss during the call.

Financial Expectations

Wall Street consensus expectations put Tesla’s Earnings Per Share (EPS) at $0.53, while revenues are expected to come in around $26.4 billion.

This would compare to an EPS of $0.39 and $22.19 billion compared to Tesla’s Q2 2025. Last quarter, EPS came in at $0.41 on $22.387 billion of revenue. Additionally in Q1, Tesla beat analyst expectations, but shares dropped over 3 percent the following trading day.

What We Expect

In terms of discussions, Tesla earnings are pretty sporadic and depend on a handful of things, including current events, investor questions, and more.

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Tesla uses a platform called Say to field questions from investors and analysts. These questions are what will be used during the call. Here are the top 5 from the Retail side and top 3 from the Institutional side:

Retail:

“Tesla has missed short-term guidance on robotaxi 3 earnings reports in a row, from 50% coverage of USA by end of 2025 to most recently 7 new cities in 1H26. What is keeping Tesla back from accomplishing these short term goals that they’ve set for themselves?”

“What are the main constraints to expanding robotaxi operations faster, and how do you see that lining up with Cybercab production?”

“What’s the current status of Optimus Gen 3 production ramp, initial deployment in factories, and external sales timeline/volume for 2027? What tasks can we expect the Optimus to perform by end of 2027?”

“To reward long-term Tesla retail shareholders for their loyalty, can you commit to achieving at least half of the goals outlined in your 2025 compensation plan before considering any offers to acquire or merge Tesla?”

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“Why has growth of robotaxi vehicles stalled? When will we see cybercab start customer rides?”

Institutional

“Previously, you’ve said Tesla would lead the R&D while SpaceX would lead production for Terafab. Can you provide an update on how that division of responsibilities is evolving, and any additional clarity on the expected capital contributions from Tesla and SpaceX?”

“For autonomous driving, Tesla’s fleet created a huge data advantage by collecting billions of real-world miles. That advantage doesn’t yet exist for Optimus. How should we think about data availability and its impact on Optimus development?”

“Why is it necessary to limit robotaxi operations within specific zones within cities to start? Will every city have to be rolled out this way?”

Tesla will report earnings for Q2 this evening with the Shareholder Deck at 4 p.m. ET, with the call starting around 5:30 p.m. ET.

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