Elon Musk
Anti-Musk protests at Tesla store in New York lead to arrests
Authorities say there were hundreds of demonstrators at the scene.
An anti-Elon Musk protest outside a Tesla store in New York over the weekend has led to as many as nine arrests, along with some protestors attempting to prevent some customers from entering the location.
Tesla’s Manhattan store was the target of anti-Musk protests on Saturday, and a report from Reuters notes that police went on to arrest nine demonstrators from the scene. Authorities say there were hundreds of protestors at the site, and crowds of them can be seen in footage from the Tesla location.
The Saturday protests were captured on camera and widely shared on X, showing many demonstrators attempting to stop customers from entering the store. One such customer, Angelo Martinez, can be seen being barred from entering as he attempted to make it to a test drive of the new Model Y, which he had scheduled for Saturday at 1:00 p.m.
The video also shows at least a few protestors who made it all the way inside the store, and certain angles show that some of the glass in front of the store had been shattered.
The event comes amidst broader protests hitting Tesla’s stores around the world over Musk’s recent involvement with U.S. President Donald Trump’s government efficiency department, a re-branded agency the administration has used to slash federal agency workforces in recent weeks.
Last weekend, protestors could be seen at several Tesla stores including those in San Francisco, Washington D.C., two sites in Pennsylvania, and in Sweden, amongst others still.
You can see Martinez arguing with the demonstrators below.
??? BREAKING: TESLA DEALERSHIP OCCUPIED IN MANHATTAN
One agreeable participant even asked why anyone thinks they have a right to stop him from forcefully entering the building, with some reference to the ‘United States of America.’
Source: https://t.co/VH9KOxReAM pic.twitter.com/5nY4fw2B6i
— Mario Nawfal (@MarioNawfal) March 1, 2025
READ MORE ON ANTI-TESLA PROTESTS: Suspect linked to four Tesla store attacks arrested with incendiary devices
Eventually, Martinez says he did manage to get into the Tesla store by roughly 2:15 p.m. with the help of authorities, and he was still able to complete his test drive, though later than planned.
“The new model Y is going to blow people’s minds,” Martinez wrote in a follow-up post on X.
Amidst some misunderstandings about whether he actually had an appointment for the demo drive or not, Martinez also shared a screenshot from the booking, along with providing a full statement as to what happened to him at the demonstration. You can read the full account from Martinez below, as detailed in a post on X on Saturday afternoon.
CONTEXT: MY POV OF WHAT HAPPENED!!
I had an appointment at the Tesla dealership in Manhattan today at 1:00 PM to test drive the new model Y.
Unfortunately I was met by protesters immediately coming down the street in my own Tesla as I was going to park in the parking garage down the street.
I had an appointment at 1 PM but didn’t get to go into the Tesla dealership until around 2:15 PM. As I tried to approach the entrance doors, I realized that there were people laying out in front, blocking the entrance along with MSM to take photos and videos.
There was broken glass from the protestors trying to breach. The tensions were high, people were screaming, yelling, and cursing with huge signs in protest of Elon.
As I approached the entrance to see what was occurring I was met by protestors chanting and yelling over me as I tried to figure out the whole situation. I became frustrated from the situation and pleaded to the protestors to please stop impeding on day to day life.
Once I realized I wouldn’t be able to come through the front, I approached NYPD and asked them what I should do. They had me stand off to the side as they tried to control the situation. I ended up being able to get in contact with the Tesla dealership and they allowed me to come in through the garage where the vehicles were being let out.
I will post the footage of the test drive separately as I want to show the context of what I experienced. These people were sick, mentally ill and didn’t care who they were going to bother in order to make their point.
Attached, you’ll find the email for confirmation of my reservation to test drive the new Model Y.
I hope this gives context to what occurred, and also shows how unhinged these psychopaths are. @elonmusk
Tesla’s Giga Berlin and police are still dealing with a protestor problem
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
