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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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Investor's Corner

Lucid CEO dispels any rumors of bankruptcy: ‘So far from the facts’

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Credit: Lucid

Lucid CEO Silvio Napoli responded to rumors of an imminent bankruptcy that was reportedly being mulled after a report stated the automaker was working with the firm AlixPartners to iron out its next steps.

The company felt a massive loss on Wall Street yesterday, as the report essentially pushed the stock down as much as 55 percent on Tuesday.

The report, published initially by Eletric-Vehicles.com, claimed Lucid was essentially in dire straits and was told by AlixPartners, a commonly used restructuring advisor, to either take shares private or file for Chapter 11 bankruptcy protection.

Lucid denies rumors of bankruptcy after over 40% stock drop

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Lucid’s head of Communications, Nick Twork, immediately challenged the report and stated the company “has sufficient liquidity to carry its operations well into next year.”

Now, the company’s CEO is chiming in as well, stating that the report is “so far from the facts that they require a direct response.”

Napoli said:

“Lucid is not considering bankruptcy or a transaction to take the company private. Those reports are false. The Board did not explore either scenario. Period.

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As disclosed in our most recent quarterly filing, Lucid has sufficient liquidity to fund its operations well into next year.

We work with outside advisors to improve operational performance and execution. They are not advising Lucid on a take-private transaction or bankruptcy, and any suggestion that they have recommended either course of action to management or the Board is false.

My priority is clear: turn this company around. That is where the leadership team and I are focused.

I look forward to providing a full update during our quarterly earnings call on August 4th.”

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It seems pretty clear that Lucid is confident things will be okay, and, to be honest, they should not have much to worry about, especially considering the company has been backed by the Saudi Public Investment Fund (PIF) for years. It has solid financial backing, and its sales, while weak, are pretty much right on par with a company of this age.

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Lucid also sent a Cease & Desist letter to the publication for their report.

Lucid shares have rebounded nicely and are up nearly 21 percent at the time of publication. As soon as the company dispelled the rumors of bankruptcy yesterday, the stock began to climb back toward more reasonable levels.

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Tesla responds to strange Supercharging pricing error with classy move

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(Credit: Tesla)

Tesla has once again demonstrated strong customer focus by swiftly addressing and fully refunding a bizarre Supercharger pricing glitch that affected drivers in Atlantic Canada.

The issue surfaced earlier this month when the Tesla app began displaying dramatically inflated per-minute charging rates at stations in Prince Edward Island and parts of New Brunswick.

One widely shared screenshot from a Charlottetown, PEI Supercharger showed rates reaching ridiculous levels: $6.00 per minute for the 180-250 kW tier, along with $3.57/min for 100-180 kW and $2.29/min for 60-100 kW.

These figures were several times higher than normal Supercharger pricing in the region.

To put the error in perspective, charging at the highest incorrect rate would have been shockingly expensive.

At 250 kW, a common charging speed at Superchargers, a vehicle pulls roughly 4.17 kWh per minute. Under the glitch, a driver spending just 10 minutes at peak power would face a $60 bill. A typical 20- to 30-minute session to add meaningful range could have cost $120 to $180 or more, before any congestion fees.

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Tesla gets another layer of gamification with Free Supercharging on the line

By comparison, standard Canadian Supercharger rates usually fall between $0.25 and $0.60 per kWh, making a similar session cost roughly $15–$40. The erroneous per-minute structure, combined with the inflated numbers, turned what should be a convenient stop into a potential financial shock.

The glitch appears to have started sometime around early July, and quickly drew attention on social media as owners questioned whether Tesla had implemented steep hidden increases. Some drivers even reported seeing $0 charges in their history, indicating broader billing confusion.

Tesla’s official Charging account on X stated that correct pricing would roll out at midnight on July 13, so the fix is already in effect. More importantly, the company announced it would waive all fees for every Supercharger session since July 2. This blanket waiver covers the entire affected period without requiring users to file individual claims, with automated refunds expected soon. The decision affects stations in PEI and nearby areas in New Brunswick and Nova Scotia.

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It’s a classy move, and rather than issuing partial credits or forcing owners to submit support tickets, Tesla simply absorbed the cost of the system error and made drivers whole. In an industry where hidden fees and bill disputes are common, Tesla’s proactive, no-questions-asked approach reinforces owner trust and highlights the company’s commitment to service excellence.

The incident, while disruptive for a short time, ultimately showcases Tesla’s ability to own mistakes and prioritize customer satisfaction. Atlantic Canada Tesla owners can now charge with confidence again, knowing the company has their back when technology glitches occur.

In an era of complex EV billing, such transparency and generosity are refreshing and set a positive example for the industry.

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SpaceX unveils Starlink next-gen V5 kit: here’s what’s new

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Credit: Starlink

SpaceX’s Starlink has launched its latest residential hardware kit: the V5. Designed for reliable high-speed internet, the new terminal represents a significant leap forward in user equipment.

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The new V5 Starlink kit features a dramatically smaller and lighter form factor, measuring approximately 384 mm x 306 mm x 34 mm and weighing just 1.1 kg, which is less than half the weight of the previous V4 model, which was 2.9 kg.

This compact design makes installation easier and more versatile, whether mounted on a roof, pole, or even integrated with a pipe adapter. An integrated LED light aids setup in low-light conditions.

Power efficiency sees major gains too. The V5 draws only 35-50W, reducing energy consumption and making it ideal for off-grid or solar-powered setups. Despite its smaller size, performance remains robust. Starlink claims peak speeds of 375+ Mbps, supported by a new Wi-Fi 6 Router Mini that covers up to 2,200 square feet and connects up to 235 devices simultaneously.

The kit maintains strong signal reliability in diverse environments, from urban rooftops to remote rural areas, as demonstrated in the promo footage released by SpaceX, showing seamless operation under cloudy skies.

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These improvements expand suitable applications considerably. Households can enjoy lag-free 4K streaming, smooth video conferencing, online gaming, and smart home device management without interruption. The V5’s efficiency and portability also benefit RVs, small businesses, and temporary installations in disaster-recovery zones where quick deployment is critical. Its lightweight build lowers shipping costs and simplifies user handling compared to bulkier predecessors.

Starlink’s Broader Impact on Global Internet Connectivity

Since SpaceX began launching Starlink satellites in 2019, the constellation has grown rapidly. By mid-2026, over 10,400 satellites orbit Earth, with thousands more deployed annually. This massive low-Earth-orbit network delivers broadband to approximately 160 countries and territories, reaching millions of users who previously lacked reliable internet access.

Starlink plays a vital role in bridging the digital divide. It provides essential connectivity to remote communities, maritime vessels, airlines, and regions affected by natural disasters or infrastructure gaps. By combining advanced satellite technology with iterative hardware upgrades like the V5 kit, SpaceX continues to push the boundaries of global internet access, fostering education, economic opportunity, and emergency response capabilities worldwide.

As production ramps up, the V5 promises to make high-performance internet even more accessible to users everywhere.

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