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.”
News
Tesla tops American-Made Index for sixth-consecutive year
Tesla is atop the American-Made Index from Cars.com for the sixth-straight year, as the Model 3 and Model Y took the top two spots, respectively.
Last year, the Model 3, Model Y, Model S, and Model X took the top four spots, respectively. The company has routinely performed well in the Index. However, Tesla discontinued its flagship Model S and Model X earlier this year, which took the two cars out of the ranking.
Cybertruck is not considered due to its curb weight being above the 8,500-pound threshold, which eliminates it from being required to have more detailed assembly information.
Cars.com uses five main categories to develop its rankings:
- Location(s) of final assembly
- Percentage of U.S. and Canadian parts
- Countries of origin for all available engines
- Countries of origin for all available transmissions
- U.S. manufacturing workforce
These five major factors are then put into a 100-point scale. The vehicles with the highest scores sit atop the list. The Model 3 edged out the Model Y.
🇺🇸 The Tesla Model 3 and Tesla Model Y have been put atop the American-Made Index from https://t.co/PXZ0g1pPb6, meaning they are the most American vehicles you can possibly buy.
This is the SIXTH-STRAIGHT year a Tesla has been listed as the most American-made vehicle: pic.twitter.com/HyraOmaxSL
— TESLARATI (@Teslarati) June 23, 2026
Tesla uses a strong domestic strategy to build its cars and parts domestically. It relies on intense vertical integration that reduces its dependence on global suppliers, keeping more value and jobs in the United States.
This strategy has helped Tesla gain a strong reputation for domestically produced vehicles and parts. However, it helps it with more than just awards like this one. Keeping a supply chain local has also helped insulate Tesla more than others from tariffs and supply chain disruptions.
This year’s American-Made Index from Cars.com studied nearly 400 vehicles from the 2026 model year. Tesla was the only manufacturer to have an EV inside the Top 10. The Kia EV9 was the next EV to make the list, scoring the 17th position.
The Hyundai IONIQ 5 was 21st, and the final EV to make the list was the Cadillac LYRIQ in 77th.
Elon Musk
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
Investor's Corner
SpaceX makes $20 billion move to optimize its balance sheet
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.