News
Opinion: Fmr President Trump was wrong to call Elon Musk “another bullshit artist”
Former President Trump was wrong to call Elon Musk, “another bullshit artist.” The former president held a rally in Anchorage, Alaska, where he claimed that Elon Musk had said that he voted for Trump. The former president is well known for weaponizing mistruths to mislead his base.
Trump on Elon Musk: "You know, he said the other day, Oh, I've never voted for a Republican. I said, I didn't know that, he told me he voted for me. So he's another bullshit artist." pic.twitter.com/1cBiZsX1BJ
— Aaron Rupar (@atrupar) July 10, 2022
The former president said that he wanted to “stop left-wing censorship and to restore free speech in America.” Following that, he promoted Truth Social and then made the following comments about Elon Musk.
“I tell you what. Elon is not gonna buy Twitter. Where did you hear that before? From me.”
“He’s got himself a mess. You know, he said to me the other day, ‘oh I’ve never voted for a Republican.’ I said, “I didn’t know that. You told me you voted for me.’ So he’s another bullshit artist but he’s not going to be buying it. Well, he might later.”
The former president then instructed his base again to sign up for his social network, Truth Social.
Trump Is Wrong.
Many far-left talking heads are either mocking Elon Musk or celebrating this. However, Trump is completely wrong about Elon Musk, in my opinion. And his reasoning for not buying Twitter is, I think, due to the bot issues that plague the social network.
Twitter has a real problem with bots and fake accounts and doesn’t really seem to care about solving that problem. On the other hand, real accounts often get suspended for no reason. This happened to me in 2020 after Elon Musk responded to me about ventilators for Louisiana. This was before my account was verified. And I am not the only one who has had this happen.
Is Twitter worth $44 billion? I highly doubt it. Elon Musk was right to call out Twitter on its bot problem. He has been impersonated by both verified and non-verified accounts promoting crypto scams.
The Bot Attack On Elon Musk Before He Decided Against Buying Twitter.
What I haven’t seen the media address is the bot attack on Elon Musk right before he called off the Twitter deal.
Recently, Insider published an article breaking the story of Elon Musk’s new set of twins born last November. And strangely, that account’s tweet was supported by a lot of bots and fake accounts. We know this thanks to Andrea Stroppa, a contributor to the World Economic Forum, who shared research into the Insider account and its bots in a Twitter thread.
“Yesterday, an online media outlet published an article about Elon Musk’s personal life and a person close to him. These articles generated thousands of harassment, insults by some users, and malicious bots. Watch the video. Here’s what happened. A thread.”
Andrea Stroppa’s Thread
🧵Yesterday, an online media outlet published an article about Elon Musk @elonmusk personal life and a person close to him. These articles generated thousands of harassment, insults by some users and malicious bots. Watch the video
Here is what happened. A thread 👇🏻 pic.twitter.com/ukyGydQWxj
— Andrea Stroppa 🐺 Claudius Nero's Legion 🐺 (@andst7) July 8, 2022
Andrea continued.
“ThisIsInsider, part of Business Insider, published the article. Business Insider tweeted It multiple times article and then created a Twitter thread. A user contacted me through DMs, sending me a screen of suspicious comments below the tweets.
“The tip was correct. Around 9.000 tweets posted by bots in a couple of hours produced insults toward Elon and a person close to him. It’s interesting because, as you can note, tweets have an additional random character. It’s a trick to bypass potential spam detection.”
“Many real users also tweeted insults, but the n° of tweets produced by bots are not comparable, even If some of these real users might have a more significant impact. In fact, with quick network analysis, we found that these accs belong to a specific political group.”
“As Elon said attacks against him and his companies have increased over the past months. But recently, these attacks have involved even his family and people close to him. And about that, I want to share a personal thought.”
“Elon Musk is a strong person. Yeah, of course, he’s not a robot. He has feelings, so sometimes, these attacks push him down. But it’s ok. It’s the pressure that a person like Elon is ok to face but let’s keep his family and children away from these things.”
“As the last tweet of this thread, I’d love to mention this wonderful verse “For they have sown the wind, and they shall reap the whirlwind…” Hosea (8,7).”
“To the people who insult the personal profile of a mother of two kids, we pity you.”
A Thought On Elon’s Evolving Political Stance.
This may seem random but I want to include a thought here. Elon Musk has gotten a lot of hate-fueled criticism from the far-left over his evolving political stance. I think that a huge part of the problem is also bots.
I’d share something on Twitter and the tweet would go viral. I’d get so much hate from accounts that were either new, had very few followers, or were old but very inactive with the exception of commenting on tweets about Elon Musk. Clearly bots or at least troll farms.
In the past I voted Democrat, because they were (mostly) the kindness party.
But they have become the party of division & hate, so I can no longer support them and will vote Republican.
Now, watch their dirty tricks campaign against me unfold … 🍿
— Elon Musk (@elonmusk) May 18, 2022
And these farms and bots, I suspect, are being used to make certain tweets more visible. And they amplify the sensation of a trend on Twitter. This includes Elon Musk. Combine this with the narrative of him being a far-right Republican being put forth and we have a hot mess.
Some of the accounts are also used to try to silence any truth cutting through the misinformation. For example, the tweet above is Elon Musk explaining why he chose to vote for a Republican for the first time. The hate that followed drowned out the truth itself.
For example, I find it odd that no mainstream media outlet commented or reported Senator Warren’s taking out Facebook ads against Elon Musk and literally spreading lies about him.
Yes, Elon has tweeted that he voted Republican for the first time. But many forget that he actually voted for President Biden. He also voted for Hillary Clinton.
And President Biden completely snubbed Elon Musk, Tesla, and even SpaceX. The current president even went on to claim that General Motors’ Mary Barra was the true leader of the EV industry when it is actually Tesla. And Tesla is still leading–unless you count hybrid electric vehicles as battery-electric vehicles.
But I’m no fan of the far right either.
Let’s have less hate and more love.
— Elon Musk (@elonmusk) April 29, 2022
The fact of the matter is that he actually called out both the far right and the far left. Elon Musk has been a bit harder on the left, I think it’s because he might feel as if the political platform betrayed him. He supported the left for the longest and now they are vilifying and jeering at him.
Many on this platform are making him the current thing to hate. Imagine having a platform you’ve believed in and rooted for suddenly make you their sworn enemy.
The Democrat vs Republican tribalism among otherwise intelligent people is most distressing.
Demonizing everyone who would vote for an alternate party is not constructive.
— Elon Musk (@elonmusk) May 31, 2022
Conclusion: Trump Was Wrong Here.
Former President Trump is wrong to call Elon Musk a “bullshit artist” especially since the former president isn’t known for being truthful. I think Trump is doing the exact same thing the media, left-wing and right-wing politicians, and crypto scammers are doing. He is, in my opinion, using Elon Musk’s name to simply generate more views and media attention.
I also highly doubt that Elon Musk told the former president that he voted for him. Or that he spoke with Elon Musk “the other day.”
Elon Musk
Elon Musk calls Earth’s data centers “peanuts” next to what SpaceX is planning in orbit
Elon Musk says SpaceX capex efficiency is underestimated as orbital data centers loom by 2028.
Elon Musk is pushing back on one of the biggest worries hanging over SpaceX stock. In a reply on X on Sunday, Musk said the company’s capital expenditure efficiency is severely underestimated. He was responding to a Milk Road Stocks post citing analyst Kyle Reidhead, who estimates SpaceX will need to spend roughly $470 billion over the next five quarters.
Reidhead built that figure around the target SpaceX set on its third quarter earnings call: 13 gigawatts or more of compute by the end of 2027. In his breakdown, Nvidia captures 83 to 89 percent of the spending. SpaceX ended the quarter with 1.7 GW of nameplate compute and guided to $35 billion to $40 billion in fourth quarter capex, as Teslarati reported.
Musk did not attach a number to his claim, but the earnings call shows the argument. CFO Bret Johnsen said new compute currently pays for itself in under a year at today’s pricing, and Musk said that window could shrink to six months next year. Using that pace, Reidhead argues about $230 billion of the $470 billion could come from operating cash flow and about $60 billion from SpaceX’s roughly $90 billion cash pile, leaving around $180 billion to borrow. Musk confirmed last week that SpaceX had already closed a new $40 billion debt raise to buy GPUs.
The ground buildout is not the end goal. It is what is meant to pay for the move to orbit. Replying on Friday to charts built from Sequoia partner Shaun Maguire’s SpaceX model, Musk wrote that “Terrestrial compute will be peanuts compared to orbital compute,” adding that orbital compute deployed per month “probably exceeds terrestrial around the end of 2028 and then far exceeds it in 2029.”
Maguire’s model shows how steep that path is. It has capex climbing from $88 billion this year to $290 billion in 2027 and $369 billion in 2028, with SpaceX burning $77.8 billion in cash this year and $122.6 billion next year before turning $114.9 billion cash positive in 2028. Musk’s response to the model was, “I think we can do better.”
The orbital half runs through Starmind. SpaceX plans to operate up to 1 million AI satellites flying in clusters of about 10, linked by roughly 10 terabits of bandwidth, with deployment of thousands of units starting as soon as late 2027 out of its Gigasat factory in Bastrop, Texas, according to SpaceX’s space safety page. Musk has said each Starmind spacecraft will carry more than 250 kW of solar power.
Getting there depends on launch volume. Maguire’s model assumes 250 Starship flights in 2028, up from two this year and 38 next year. The nearer test is financial: SpaceX guided to $33 billion to $37 billion in first quarter 2027 revenue, more than double the $14.58 billion it booked in Q3, and Musk reposted that guidance again on Sunday morning.
Elon Musk
SpaceX President to gift Trump Accounts her SpaceX stock
Gwynne Shotwell’s 2 million SpaceX shares are headed to children’s Trump Accounts starting this December.
SpaceX President Gwynne Shotwell said Friday that more than 2 million SpaceX shares belonging to her and her husband, Robert, will be distributed to children’s Trump Accounts in December, turning a pledge she made over the summer into an actual transfer. “Robert and I are thrilled that our gift of over 2 million shares of SpaceX stock will be distributed to children’s Trump accounts in December!” Shotwell wrote on X, adding that the shares are “transferring to escrow as we speak.”
The first round goes to children aged 11 to 17 who live in ZIP codes where the median family income is $57,000 or less, along with kids in ZIP codes with too few residents for the Census to report that figure. Shotwell said those families should receive a notice by Monday, Reuters reported.
A second gift is expected to be finalized in the next few weeks. That round will cover eligible children in military families serving overseas, children in foster care, and more kids in Texas counties near the Shotwells’ home where median family income is $90,000 or less. Elon Musk replied to the announcement with “Cool” and a heart emoji.
Shotwell first announced the donation on July 6, less than a month after SpaceX priced its record IPO at $135 per share on the Nasdaq. IPO filings showed Shotwell owned about 12.6 million SpaceX shares, Quartz reported at the time, which makes the gift roughly one sixth of her stake. At the roughly $146 per share used to value Musk’s own pledge earlier this month, 2 million shares are worth about $290 million.
How the stock would actually reach the accounts had been an open question since July. Treasury guidance acknowledged that stock donations could flow into Trump Accounts, but it did not explain the mechanics for a program whose contributions default into an S&P 500 index fund. Shotwell thanked the Treasury, the IRS, the Dell Foundation, Greater Horizons, Invest America and the law firms Morgan Lewis and Gibson Dunn for “working over the past few months to make this happen.”
The transfer also works as a dry run for a far larger gift. On October 19, Musk said he would give one of his SpaceX shares to every kid in America next year and called it “the first of many.” With roughly 72 million children in the country, that pledge is worth about $10.5 billion. President Donald Trump thanked Musk the same day and said the shares would go through Trump Accounts, though neither SpaceX nor the Treasury has published how or when that distribution will happen.
Shotwell’s recipients also fill a gap in the program itself. Trump Accounts launched on July 4, and the $1,000 Treasury deposit only goes to babies born between 2025 and 2028. Teenagers aged 11 to 17 receive no government seed money, so for many of the families getting a notice on Monday, SpaceX stock will be the first asset in the account. The accounts convert into retirement accounts when the child turns 18.
News
Tesla Full Self-Driving becomes main pillar of new Referral Program
Tesla Full Self-Driving is now the centerpiece of the company’s newly revised Referral Program, which launched on October 29.
Instead of referring people to purchase vehicles and the referrer receiving $250 in Tesla Credit, the new program now incentivizes Full Self-Driving subscriptions.
If a Tesla owner is on an FSD trial and uses a referral code to subscribe to Full Self-Driving, the person whose Referral Link was used will receive one month of FSD (Supervised). Their code can be utilized 12 times per year, with January 1 marking the reset date.
Realistically, this means that if your Referral Code is used by 12 Tesla owners on an FSD trial, you will receive a full year of FSD for free.
🚨 Here is Tesla’s new Referral Program for Full Self-Driving (Supervised):
When someone subscribes to FSD using your link, you’ll get a month free. Up to a year of FSD is available to you for free!
If you’d like to use my link: https://t.co/g00IX9OCE3 https://t.co/GFBzEO2jjS
— TESLARATI (@Teslarati) October 30, 2026
The previous program made it pretty difficult to get referrals; buying a vehicle is obviously a much larger financial strain than subscribing to Full Self-Driving for a month.
Of course, the previous Referral Program also offered a tangible benefit: $250 in credits you could use on Service, Supercharging, or anything in the Tesla Shop. It truly could pay for someone’s travel for a year. It recently bought me a new backpack and a T-shirt.
However, this new program is much more attainable for those who do not have a massive online presence of a slew of friends in the Tesla community who will use the code and max out subscriptions for vehicle purchases.
Woke up to maxed out Referrals! Thank you guys, that’s awesome!
Share your referral link below so others can use it! https://t.co/kesbwTcoTV
— TESLARATI (@Teslarati) October 30, 2026
The Full Self-Driving suite will now be the keystone of the Referral Program, which makes it more inclusive and more fun for everyone with an awesome benefit.
It also gives the impression that Tesla is truly focused on FSD subscriptions, something that saw a tremendous increase in volume in Q3, as 75 percent of deliveries for the quarter came with an FSD subscription attached.
Full Self-Driving data is so instrumental to the suite’s improvement that this kind of program benefits Tesla as much as it does the consumer.