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How Elon Musk’s biography led to a Tesla investor retiring at 43

Credit: Reddit | u/teslapuddlelights

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In 2017, a Canadian accountant named Spencer was looking for something to watch on YouTube after cutting his cable, until he stumbled upon interviews with Tesla CEO Elon Musk.

Four years later, at the age of 43, he is retiring from his job because his investment in Tesla stock has solidified his finances for the future.

In what started as a routine evening on the couch, Spencer probably never could have imagined that stumbling across interviews on the world’s largest library of videos would lead to an exceptionally early retirement. Elon Musk’s mission always struck a chord with him, but that night, everything shifted.

“I have always been concerned with climate change,” Spencer said. “That night, I started watching YouTube and stumbled across Elon’s interviews. Then, I read the Ashlee Vance biography on Elon, and I watched other great Tesla related content creators. The rest is history.”

‘The Rest is History.”

Spencer is just one of many people who poured money into a small, relatively unknown electric car company called Tesla in 2017. It was a no-brainer. After doing his own personal research, he knew that it was the answer he had been looking for in terms of financial stability. “I began slowly building my position. The more I learned, the more I realized that Tesla was an extraordinary company and opportunity from an investment standpoint. It was something that could significantly change my life over the long term.”

And it has.

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At just 43 years old, Spencer decided to e-mail his colleagues who work alongside him at a Victoria, British Columbia accounting firm, tendering his resignation due to his gains from his Tesla holdings. It wasn’t a surprise to Spencer’s co-workers that he had made a substantial amount of money because of his Tesla investments. It was a surprise to see a 43-year old finishing up his professional career at such a young age; none of the fellow accountants or executives expected him to leave.

“Most of the coworkers close to me knew what was happening with my situation,” he told Teslarati. “However, others were caught off guard when I informed them I’m going to retire at the end of January 2021 by e-mail. I’ve provided context on how and why I’m retiring to my bosses over several phone calls.”

Spencer’s e-mail to his colleagues detailed the tumultuous year of 2020 due to the COVID-19 pandemic. But while many around the world lost their jobs or were forced to retreat and call their place of residence their office, Spencer was thriving financially due to his investments. He was relatively unphased even though he never experienced a layoff because most mornings, his portfolio was going up in value.

“2020 was an extraordinary year thanks to C19, but it was also an extraordinary year for me financially from an investing standpoint to the point where I have spent that last month or so considering retirement. The end result is my plan is to retire at the end of this month – January 2021,” he wrote to co-workers.

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Tesla’s Stock Surge

Tesla stock surged over 700% in 2020. At the beginning of the year, shares were valued at a shade over $86. On New Year’s Eve, Tesla closed at $705.21.

Some investors got in earlier than others. While some took advantage of the company’s $17 initial public offering in June 2010, some didn’t get in until a few years later when Tesla launched the Model 3. Regardless, if you got in before January 2020 and held on, you’re probably pretty happy with your earnings. Where it goes from here, well, that lies in the eye of the beholder.

Credit: Yahoo

Tesla is still among the most shorted companies on Wall Street, despite the surge in price in 2020, casting $38 billion in losses to those who have bet against it. Some bears have taken such a big hit that they have admitted defeat and lowered, or even sworn off, their short positions on the stock altogether. One of them is Kynikos Associates founder Jim Chanos, who stated that he had trimmed his short against the stock.

“It’s been painful, clearly, Chanos said in a recent interview with Bloomberg. “I’d say, ‘job well done so far,” Chanos said when confronted with the question on what he’d tell CEO Elon Musk.

Moving forward, Spencer plans to consider contract work with accounting firms, but most of his focus will lie on bettering himself physically and financially.

“After my retirement, my plan is to focus on my mental and physical health, as well as developing a strategy for managing my investment portfolio to generate income. Both are near-term areas of focus. Long-term, I’m not sure what the plan is yet,” he said. His days will probably be filled with joyrides in the Model 3 he purchased in 2018.

When I asked Spencer what he would advise anyone reading this article to do about TSLA stock, his answer was simple.

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“I’m not a financial advisor, and everyone’s circumstances are different. But, my view is TSLA stock will likely be the most profitable stock investment of all-time by a long shot when it’s held long-term.”

Spencer operates the @TeslaArmy Twitter feed. Be sure to give him a follow!

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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Investor's Corner

SpaceX reveals how its 1 Million AI satellite network will work and prevent space collisions

SpaceX reveals plans for one million Starmind AI satellites and calls out operators hiding maneuvers.

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Concept rendering of SpaceX Starmind constellation via Grok
Concept rendering of SpaceX Starmind constellation via Grok

SpaceX has put the largest satellite count it has ever published into writing, and it says that plan only works if every other operator in orbit starts sharing what it knows.

In a new Space Safety page highlighted Tuesday morning by Sawyer Merritt on X, SpaceX said it “plans to operate up to 100,000 Starlink satellites and up to 1 million Starmind AI satellites to meet the growing demand for broadband and supercompute.” Starlink has a little over 11,000 satellites in orbit today, so the target alone implies roughly a ninefold expansion of the broadband network.

Starmind is SpaceX’s orbital AI compute constellation. Elon Musk confirmed the Starmind name in June after an xAI trademark filing surfaced, and in August SpaceX said it was working with Nvidia on the compute payload. The FCC accepted the filing for up to one million satellites back in February.

FCC accepts SpaceX filing for 1 million orbital data center plan

SpaceX also released a new render of what a full Starmind constellation could look like. Alongside it, SpaceX VP Michael Nicolls explained why the satellites will not operate on their own. “We need to operate clusters of satellites in tight formation to get enough coherent compute to run AI models efficiently,” Nicolls said. “A cluster will be 10-ish satellites connected with 10 terabits or so of bandwidth between them, and interconnected to the broader constellation.”

That is the most specific detail SpaceX has given on how Starmind will be built. Instead of a million independent servers, the network would work as tightly packed groups of about 10 satellites acting as one compute unit, with Starlink’s laser links carrying results back to Earth.

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Packing satellites that close together, at that scale, makes collision avoidance the central problem, and most of the Space Safety page is aimed at other operators. SpaceX said Starlink encountered collision risks with about 650 unique maneuvering third party satellites in 2026, and only about half of them shared data. Over six months, Starlink recorded roughly 164,000 more collision risks where the closest approach came within four hours of an unannounced maneuver.

Some operators keep maneuver plans private over proprietary concerns, while others cannot get government permission to share them. SpaceX called those policies “counterproductive,” saying they “largely only serve to create preventable collision risk between satellites.” Starlink is also offering a free ephemeris sharing and screening platform that returns risk results within a minute, backed by its Stargaze network of 30,000 optical sensors.

The push comes as the Starmind application draws opposition from astronomers and environmental groups. In a September filing with the FCC, SpaceX said each Starmind satellite could weigh up to 4,000 kg, nearly seven times the mass of a Starlink V2 Mini. Musk has brushed off crowding concerns before, telling viewers in June that “space is enormous” and that SpaceX already knows how to run very large constellations safely.

SpaceX’s Starmind page says its Gigasat factory in Bastrop, Texas, is designed to produce AI satellites at scale, with deployment of thousands of units starting as soon as late 2027.

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Investor's Corner

Tesla deliveries best Wall Street guesses alongside second-best energy quarter

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Credit: Tesla Europe & Middle East | X

Tesla (NASDAQ: TSLA) reported strong delivery figures that beat Wall Street guesses, and they were revealed alongside the company’s second-best quarter in terms of energy deployments ever.

Tesla announced this morning that it delivered 486,532 cars in Q3, while producing 464,391, exceeding analyst consensus, which sat around 462,000 units.

Meanwhile, Tesla reported 13.7 GWh of energy storage deployed for the quarter. That’s the second-best quarter Tesla has ever reported on that side of things.

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Vehicle Deliveries

Deliveries were strong, and it was another quarter when Tesla had the opportunity to outshine the Wall Street pundits who are quick to criticize and slow to give credit. Tesla saw a slight decrease in deliveries compared to Q3 2025, but Tesla still had the $7,500 EV Tax Credit to use to help incentivize consumers to pick an EV.

A small decrease of 2.1 percent is pretty telling because it shows Tesla does not need massive federal credits to convince consumers to purchase its vehicles.

It was also the company’s third-best performance all-time in terms of deliveries, trailing that of Q3 2025 with 497,099 deliveries and Q4 2024, when the company handed over 495,570 cars.

We reported several days ago that Tesla Showrooms across the United States were completely bare of inventory or unclaimed units. Many locations also removed Demo Drive units, which had been bought by customers looking to take delivery sooner.

Tesla showrooms picked clean ahead of Q3 end as demand looks strong

Energy Generation

Tesla’s Energy Generation performance in Q3 was also very strong, as the company deployed 13.7 GWh of energy storage over the past three months. The only quarter when Tesla reported stronger energy deployment figures was Q4 2025, when 14.2 GWh of energy storage was deployed.

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Tesla’s Q3 performance in energy generation has continued to grow each quarter, with the company increasing its deployments by ten-fold since Q3 2021, when just 1.3 GWh was deployed.

It is also nearly double what it was in Q3 2024, when the company reported 6.9 GWh. This is one of Tesla’s quickest-growing divisions, and it flies under the radar with fans and analysts, as many are focused on self-driving or the vehicles themselves.

Tesla Stock

Shares rose 5.07 percent to $372.06 at just after 10 a.m. on the East Coast. This is a rarity for Tesla after a strong delivery report, as positive news usually brings the stock down. Many quarters with extremely robust delivery reports have not been as kind to the Teslanaires of the world.

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Elon Musk and Trump are closer than ever, and Tesla could be the big winner

Elon Musk sat beside Trump as AI leaders signed a voluntary White House safety accord.

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Elon Musk had the seat right next to President Donald Trump on Tuesday as the White House hosted the leaders of America’s biggest artificial intelligence companies for a lunch that ended with a voluntary industry accord on AI safety.

A seating chart Trump posted on Truth Social placed Musk at the president’s left in the East Room, with Nvidia CEO Jensen Huang on his right, according to an Associated Press reporter. Anthropic CEO Dario Amodei, OpenAI President Greg Brockman, Meta’s Mark Zuckerberg, Google’s Sundar Pichai, Microsoft’s Satya Nadella and Amazon founder Jeff Bezos also attended, along with Vice President JD Vance and House Speaker Mike Johnson.

After the lunch, Trump told reporters outside the West Wing that the executives had signed “The White House Accord on Superintelligence: A Joint Commitment on Frontier SI Responsibilities.” Johnson described it as a voluntary statement of principles built on “robust internal controls and layers of internal and external review,” while Zuckerberg said company boards would independently review reports from outside auditors. Trump called the document “morally binding,” said he would name a new AI czar within days, and signed an executive order formally renaming artificial intelligence “super intelligence,” CNBC reported.

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Musk was not in the room for Tesla alone. Since SpaceX absorbed xAI, he runs the company behind Grok and one of the largest AI training operations anywhere. On September 25, he said another 220,000 Nvidia GB300 chips would come online at Colossus 2 within a week, with more expected in November and December.

SpaceX confirms third massive compute deal at Colossus data center

 

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Musk also used the trip to restate his energy ambitions. “SpaceX is aiming together with Tesla to do 200 gigawatts of solar production per year,” he said at an event in Washington. It is the same combined target he laid out that feeds directly into Terafab, the Tesla and SpaceX chip venture that will need enormous amounts of power.

The showing between Musk and Trump has come a long way, since the two had the very public split in mid 2025 after Musk opposed the “Big Beautiful Bill” and left DOGE. They reconciled at Charlie Kirk’s memorial that September, and Trump later called their relationship “good”. Since then, Musk has joined Trump’s China delegation in May and attended last week’s White House state dinner for Chinese President Xi Jinping.

For Tesla, that access to government official could pay dividends. As Teslarati noted in January, federal autonomy rules, NHTSA oversight and a single national standard for driverless vehicles all run through an administration Musk can more easily reach directly as Tesla works to scale Robotaxi and Cybercab beyond Texas.

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