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Tesla’s Elon Musk is now an active Twitter investor, as per updated SEC filing

Credit: Tobias Lindh/Youtube

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It appears that Tesla CEO Elon Musk does not really intend to become a passive investor on Twitter, after all. As per a form 13-D filed with the United States Securities and Exchange Commission, Musk has reclassified himself as an active investor in the social media company. Such a designation makes sense considering his place as part of Twitter’s Board of Directors. 

Earlier this week, Musk filed a beneficial ownership report paperwork with the SEC to indicate his 9.2% stake on Twitter, which is comprised of 73,486,938 common stock. Interestingly enough, the box that was checked on the filing indicated that the document was a Schedule 13-G, which is a relatively simple disclosure for investors who wish to take a passive role in a company. 

Musk’s designation as a “passive” Twitter investor became quite confusing to some on Tuesday following reports that the Tesla and SpaceX CEO was taking a role as part of the social media company’s Board of Directors. If Musk had intentions to maintain an active role on Twitter, a more detailed Section 13-D form should have been filed. Sure enough, an updated filing was posted on Tuesday, seemingly as an amendment to Musk’s Schedule 13-G. 

Musk’s updated SEC filing is a Section 13-D form, which signifies that he intends to take on the role of an active investor. Interestingly enough, the 13-D form included sections about Musk not owning more than 14.9% of the company as a condition for joining Twitter’s Board of Directors. 

More importantly, Musk’s 13-D filing revealed that the Tesla and SpaceX CEO used cash to purchase Twitter stock from January 31 to April 1, 2022. The prices of Musk’s Twitter purchases ranged from $32.80 to $40.30 per share, which is quite a bit lower than Twitter’s closing price of $50.98 per share on Tuesday. Musk’s Twitter stock purchases were made in increments, with the largest one being 4,839,507 shares that were brought on February 7, 2022. 

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Musk’s new role as part of Twitter’s Board of Directors and his place as the social media company’s single largest shareholder has been received warmly by the company’s executives. Twitter CEO Parag Agrawal, while confirming Musk’s appointment to the company’s Board, welcomed the Tesla and SpaceX CEO. Twitter co-founder Jack Dorsey was the same, stating that Musk and Agrawal both “lead with their hearts.” Musk, for his part, noted that he is excited about his role on Twitter, especially since “significant improvements” are in store for the social media platform in the coming months. 

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla’s Supercharger Diner probably just secured more locations

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tesla diner
Credit: Tesla

Tesla’s Supercharger Diner in Los Angeles dominated the company’s global usage rankings after just one year, proving the concept is more than just a one-off novelty location that will fade away.

The performance could incite the company to build more locations, something that CEO Elon Musk has hinted at for some time.

Tesla’s Supercharger Diner delivered 21.2 GWh of energy in its first year of operation, the company’s head of Charging, Max de Zegher, revealed on X. Of the top 10 most utilized Supercharger locations in Tesla’s global infrastructure, the Diner in Los Angeles was the most used by drivers, and it wasn’t particularly close:

On its launch day one year ago, nobody was too sure what the Tesla Diner would be about. It seemed like an interesting concept, and considering it had been in the works for years, it was a highly anticipated launch that many were looking forward to.

Based on its success, we could see additional Diners with Superchargers built throughout the United States, and potentially beyond. Musk has said on several occasions that the company would be willing to bring the Diner idea to more markets.

Tesla makes major change at Supercharger Diner amid epic demand

Of the markets that Musk has mentioned, both Palo Alto and Austin have come to be perceived as ideal selections. However, there are no concrete plans as of now to build new Supercharger Diners anywhere; the location on Santa Monica Boulevard will remain the exclusive spot to pick up Tesla-inspired eats, at least for the time being.

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Tesla short sellers win big after shares fall after earnings

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A red Tesla Roadster driving around a turn
(Credit: Tesla)

Tesla short sellers won big following the company’s massive fall on Wall Street after it reported subpar Earnings on Wednesday.

Tesla short sellers collected about $4.12 billion in single-day profits on Thursday, according to BloombergShares fell as much as 15 percent during Thursday’s session. It closed as one of the worst days for Tesla on Wall Street in the past three years.

Investors sold off the stock after Tesla said it would aggressively direct its spending toward AI and its Optimus robot project. The company had record revenues, which were driven by one of the strongest quarters in terms of vehicle deliveries in company history.

However, it missed EPS estimates by reporting just $0.33, a far cry from the $0.53 analysts expected.

S3 Partners reported that about 3 percent of Tesla’s outstanding stock is sold short. Managing Director at S3, Ihor Dusaniwsky, provided the short seller’s potential profit, as well as another figure: shorts have likely had paper gains of $8.92 billion this year, as Tesla shares are down 30 percent in 2026.

Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue

Tesla has burned short sellers many times in the past, but the company’s latest Earnings Call was a chance for those skeptics to taste some payback. Although the company gave some very transparent information regarding future projects, the rollout of Robotaxi, Optimus, and Semi, many investors took their profits on Thursday.

Notable short sellers like Michael Burry have been transparent about their skepticism around Tesla shares. Burry just revealed three weeks ago that he had opened up a new short on the stock, stating he shorted Tesla shares at $416.22. “Happy it jumped back to this level,” he said in a blog post.

At the time of publication, Tesla shares were down about 3 percent and the stock was trading at $309.92.

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Tesla door handle saga gets its latest chapter and a big change is coming

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Credit: Tesla | Model 3 Owner's Manual

Tesla’s long-standing saga regarding its door handles and a manual release has entered its latest chapter, and as a result, a big change is coming.

On Friday, the National Highway Traffic Safety Administration (NHTSA) denied Tesla’s petition that was seeking a defect investigation into roughly 180,000 Model 3 vehicles for an issue involving the emergency mechanical door release.

NHTSA said that Tesla’s petition did not present evidence of a safety-related defect in the door handles or their emergency releases. Instead, the agency determined that it would rather solve the issue of the lack of labeling or location of emergency mechanical door releases and the federal safety rules that govern them.

Essentially, the NHTSA wants to create and enforce rules that would require automakers to make emergency door latch releases more clearly labeled in a car. Despite a Tesla having manual door releases on all four passenger doors, many people do not know they exist or how they work.

Tesla addresses door handle complaints with simple engineering fix

In recent times, Tesla has faced some criticism involving its door handles, specifically because some occupants have reported that they are unable to exit their vehicles after losing power. The door handles on a Tesla are electronically operated, but in the event that the 12V battery dies, there is a manual release that can be used.

The NHTSA only identified a single complaint involving the mechanical door releases: a 2022 Model 3 owner said the release was concealed and unlabeled after the vehicle lost power after a front-end collision. It has also already started to create a separate rulemaking process to make emergency door-egress systems more obvious.

It should be noted that all Teslas have mechanical emergency door releases, but they are placed in various locations as the vehicles have aged and been redesigned from year to year. Refer to the safety manual for your vehicle if you have any confusion about where the emergency releases are and how they work.

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