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Twitter Files part 14 sheds light on “Russian bots” and #ReleaseTheMemo
The Twitter Files part 14, written by independent journalist, Matt Taibbi, shed light on a false narrative of Russian bots and the hashtag #ReleaseTheMemo. Taibbi, who was given access to the internal documents at Twitter by Elon Musk, released a new installment on Thursday.
1.THREAD: Twitter Files #14
THE RUSSIAGATE LIES
One: The Fake Tale of Russian Bots and the #ReleaseTheMemo Hashtag— Matt Taibbi (@mtaibbi) January 12, 2023
It began in 2018 when Senators Dianne Feinstein and Adam Schiff wrote the platform a letter regarding trending hashtags and Russian disinformation campaigns. Twitter pointed out that both the politicians and the media didn’t only lack the evidence but had evidence the accounts were not Russian. However, the platform was “roundly ignored.”
Backtracking to a week before Twitter received the letter, Republican Devin Nunes submitted a classified memo to the House Intel Committee that detailed the abuses by the FBI in obtaining Foreign Intelligence Surveillance Act (FISA) surveillance authority against those connected to former President Trump. Included was the role played by the Steele Dossier.

Credit: Matt Taibbi
In December 2019, a report by Justice Department Inspector General Michael Horowitz verified Nunes’ assertions virtually.
“We also found that the FBI’s interviews of Steele, his Primary Sub-Source, a second sub-source, and other investigative activity revealed potentially serious problems with Steele’s descriptions of information in his reports,” the report read. “Among other things, regarding the allegations attributed to Person 1, the Primary Sub-source’s account of these communications, if true, was not consistent with and, in fact, contradicted the allegations of a “well-developed conspiracy” in Reports 95 and 102 attributed to Person 1.”
The report also pointed out that the FBI filed three renewal applications with the FISC in 2017, repeating the seven “significant errors contained in the first FISA application.” Yet, the report found another ten errors in the three renewal applications. Taibbi noted that despite that, the national media denounced Nunes’ report in January and February 2018 in “oddly identical language, calling it a ‘joke.’
Senators Feinstein and Schiff also wrote an open letter claiming that the hashtag “gained the immediate attention and assistance of social media accounts linked to Russian influence operations.
The senators claimed that Nunes’ memo “distorts” classified information. “But note they didn’t call it incorrect,” Taibbi wrote.
Connecticut Senator Richard Blumenthal also wrote a letter. “We find it reprehensible that Russian agents have so eagerly manipulated innocent Americans citizens and undermined our democratic processes through our elections and public policy debates.”
The letter asked Twitter to notify users who interacted with tweets created by the accounts tracked by the Alliance for Securing Democracy (ASD). The senators and members of the media pointed to the Hamilton 68 dashboard created by Clint Watts, a former FBI counterintelligence official, created The letter asked Twitter to notify users who interacted with tweets created by the accounts tracked by the Alliance for Securing Democracy.”
The Hamilton 68 dashboard was described as a project with the Alliance for Securing Democracy at the German Marshal Fund and tracked around 600 accounts that it claimed were tied to Russian-sponsored influence and disinformation campaigns. Bret Schafer, an analyst who helped run the project, spoke about the #ReleaseTheMemo hashtag.
“I’ve never seen any single hashtag that has had this amount of activity behind it,” he said. Taibbi noted that the dashboard “was vague in how it reached its conclusions.”
Twitter executives didn’t quite trust the dashboard and the key complaints were that Hamilton 68 seemed to be the only source of information and no one was checking with Twitter. Global Policy Communications Chief Emily Horne encouraged skepticism of the dashboard’s take. In the screenshots below, Horne pointed out that it was a comms play for ASD.
“They’ve made a very strong media push in the last week, piggybacking on Clint’s testimony.”
Off the record, she said, “I encourage you to be skeptical of Hamilton 68’s take on this, which, as best as I can tell, is the only source for these stories. 1) Hamilton 68 does not release the accounts that make up their dashboard, so no one can verify the accounts they include are, in fact, Russian automated accounts, and 2) it is extraordinarily difficult for outside researchers, who do not have access to our full API and internal account signals, to say with any degree of certainty that an account they believe is behaving suspiciously is 1) automated and 2) Russian.”
“If you speak with them, I encourage you to press them on how they can be sure of both of these claims when they do not have access to internal signals and data.”
Twitter’s former head of safety, Yoel Roth, wasn’t able to find any Russian connection to the hashtag and noted that after reviewing accounts that posted the first 50 tweets with the hashtag, none showed any signs or affiliation to Russia. Instead, Twitter found that the engagement was “overwhelmingly organing and driven by strong VIT engagement). VIT is an acronym for very important Tweeters, and these included Wikileaks, Donald Trump Jr., and Congressman Steve King.
When Twitter brought this up to a Blumenthal staffer, the staffer tried to wave them off “because we don’t believe these are bots.”
Another Twitter executive pointed out that if Blumenthal would lay off on this, “it seems like there are other wins we could offer him.” However, the senator published his letter, which led to the platform’s executives being frustrated over what they viewed as a circular process.
“Twitter spent a lot of resources to respond to the initial request, and the reward from Blumental shouldn’t be round after round of requests for user notice. It also doesn’t do anything to fix the problem. That distracts our team from the real iq fight.”
Twitter executives later realized that they were”feeding congressional trolls” and compared the requests to a popular children’s book, If You Give a Mouse a Cookie.
Although Twitter believed that there were no Russians in the story, it stopped challenging Russia’s claims on the record. Outside counsel from firms advised Twitter to use language such as “With respect to particular hashtags, we take seriously any activity that may represent an abuse of our platform.”
This resulted in reports from several mainstream media outlets pushing the “Russian bots” story without any evidence. Taibbi noted that several media outlets that played up the “Russian bots” story declined to comment. So did the staff for Senators Feinstein, Schiff, and Blumenthal. Nunes shared a comment.
“Schiff and the Democrats falsely claimed Russians were behind the Release the Memo hashtag, all my investigative work… By spreading the Russia collusion hoax, they instigated one of the greatest outbreaks of mass delusion in U.S. history.”
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Ferrari Luce sold out for 2027 after design controversy
Ferrari’s first electric vehicle, the Luce, is fully sold out for 2027, according to CEO Benedetto Vigna.
Presenting third-quarter results, he stated: “Everything we plan to sell next year is already fully allocated. Client test drives, scheduled for next year, will help further boost demand. We have no critical issues, neither on manufacturing nor on the demand side. Obviously, the car is more complex because it has many new parts and many new technologies.”
First customer deliveries are expected before the end of 2026, with the model already commanding waitlists despite a turbulent debut.
The Luce is a five-seat, four-door liftback saloon—the longest Ferrari ever produced—powered by four electric motors producing approximately 1,035 horsepower.
It features an 800-volt architecture, a 122-kWh battery, a claimed WLTP range of around 329 miles, 0-62 mph acceleration in 2.5 seconds, and a starting price near €550,000 in Europe (roughly $560,800–$615,000 in the U.S. depending on configuration).
Developed in collaboration with Jony Ive and Marc Newson’s LoveFrom studio alongside Ferrari’s own Centro Stile, it represents a deliberate departure from the brand’s traditional mid-engine sports cars toward a more spacious, grand-touring format.
Its exterior has proven deeply polarizing. Unveiled in Rome in May 2026, the design features smooth, sweeping surfaces, a large glass roof, and restrained detailing that critics described as bland, generic, or more reminiscent of an Apple product or mass-market EV than a Ferrari.
Ferrari unveils its Luce EV, and its reception has been a disaster
Online reactions included memes comparing it to a Nissan Leaf or Polestar, while former Ferrari chairman Luca di Montezemolo publicly warned of “the destruction of a myth” and suggested the prancing horse logo be removed. Italian politicians and longtime owners joined the chorus of disappointment, and Ferrari’s shares dropped roughly 8% in a single day, erasing billions in market value.
Design experts noted the absence of the brand’s signature tension, aggression, and emotional drama.
Yet the controversy has not translated into weak demand among the ultra-wealthy clientele who actually buy Ferraris. Production volumes remain tightly limited, as reports suggest fewer than 500 units in the current year and a longer-term pace of roughly 600 annually through 2030, preserving exclusivity.
One early chassis sold for $40 million at auction. Vigna has indicated that seeing the car in person, along with upcoming client test drives, is expected to strengthen rather than weaken interest. Ferrari aims for fully electric models to comprise 20 percent of its lineup by 2030, with a second EV now delayed to 2028.
For a brand defined by scarcity and desirability, the Luce’s sell-out status suggests that among those who can afford it, the polarizing design has not proven to be a commercial liability.
Investor's Corner
Musk’s Tesla and SpaceX decline after Democratic Midterm sweep
Tesla and SpaceX shares fell on Wednesday after Democrats swept both chambers of Congress. The decline stood out as broader market securities recovered and turned positive, while both of Musk’s publicly traded companies lagged.
CEO Elon Musk already joked about the unsuccessful campaigning for the Republicans, but now the new party will make pretty drastic changes to how it handles Tesla and SpaceX, and those companies will adjust their outlook.
Let’s take a deeper look.
Tesla ($TSLA)
Tesla shares traded lower during the regular session after Democrats secured both the House and Senate. The stock was down 2.32 percent at around 1:45 p.m. on the East Coast, trading at around $389.30.
The pressure is tied to more than the raw scale of Musk’s political spending, estimated at $450–474 million this cycle with roughly $224 million directed at Texas. In that state, Tesla now faces a Democratic governor and a Democratic senator after Gina Hinojosa unseated Greg Abbott and James Talarico defeated Ken Paxton.
The Austin Gigafactory, Robotaxi pilot programs in multiple Texas cities, and any related AI compute expansion sit under a new state executive who campaigned against certain corporate subsidies and floated a moratorium on new data-center construction.
Federally, Democratic control of key committees opens the door to deeper examination of Tesla’s autonomous-driving safety record, federal energy-storage and manufacturing incentives, and the national-security implications of any combination with SpaceX.
Investors are also weighing whether the company’s historically close alignment with the prior Republican leadership will invite slower permitting, additional hearings, or tighter rules on Full Self-Driving deployment.
For Tesla, the political shift adds near-term friction around state permitting and federal regulatory approvals for autonomy and energy storage. A potential merger with SpaceX may face slower review even if it proceeds.
Core growth drivers such as vehicle deliveries, energy deployments, and robotaxi rollout remain intact, yet the stock now carries a higher political-risk premium that could weigh on valuation until the company demonstrates workable relationships with the new Texas leadership and congressional majorities.
SpaceX ($SPCX)
SpaceX shares also declined in live trading on November 4 following the Democratic midterm sweep. The stock traded at $134.97, down 4.49 percent. The drop occurred even as broader indexes stabilized, highlighting a company-specific reaction to the election outcome.
Musk’s large contributions, concentrated in Texas races that both companies lost, place SpaceX’s Starbase launch facility and headquarters under a new Democratic governor.
At the federal level, Democratic control of Congress enables greater scrutiny of NASA, the Department of Defense, and other contracts that support a meaningful share of revenue, along with reviews of Starlink national-security uses and any Tesla merger. Analysts have noted that empowered committees can hold hearings and request documents on these relationships.
For SpaceX, the results raise the risk of delayed contract awards, higher compliance costs, and tighter constraints on AI and satellite infrastructure expansion, particularly in Texas where a data-center moratorium has been discussed.
A merger with Tesla could encounter political friction that slows integration of launch, connectivity, and autonomy capabilities.
While Starlink growth and launch cadence continue as primary drivers, the company faces a more contested path for federal funding and state-level operations, requiring management to rebuild ties with the new congressional majorities and Texas leadership to limit the overhang.
News
Tesla registrations in Germany nearly quadruple in October
Tesla’s new vehicle registrations in Germany rose sharply in October, nearly quadrupling from the same month a year earlier. That’s according to data from the KBA, Germany’s federal motor transport authority.
The KBA reported 2,932 Tesla vehicles registered in October, a 290.9 percent year-over-year- increase. For the first ten months of the year, Tesla’s cumulative registrations reached 47,742 units. This number is up 206.1 percent compared with the January-October period of 2025. These gains occurred against a backdrop of strong overall growth in the BEV sector as a whole.
Germany registered 94,086 new BEVs in October, a 79.5 percent rise that brought the BEV share of the passenger car market to 37 percent of the 254,492 total cars registered that month.
🇩🇪 Tesla’s new registrations in Germany nearly quadrupled in October, according to KBA data.
October: 2,932 units, +290.9% YoY Jan–Oct: 47,742 units, +206.1%
Germany’s overall BEV market grew 79.5% to 94,086 units last month. https://t.co/GMwNqsFAOC
— TESLARATI (@Teslarati) November 4, 2026
Despite the percentage surge, Tesla’s absolute numbers left it with a 1.2 percent share of all new car registrations for October. Chinese competitors did record higher volumes, as BYD registered 5,173 vehicles, a 2 percent share, Leapmotor with 3,661 cars, which equates to 1.4 percent, and Xpeng had a 0.5 percent share.
Year-to-date through October, BYD edged ahead of Tesla with 47,961 registrations versus Tesla’s 47,742.
The October results follow a notably strong September for Tesla in Germany, when it registered 12,552 vehicles, an increase of roughly 269 percent year-over-year and one of its strongest monthly totals on record in the country. That month, the Model Y led all EVs and ranked among the top-selling vehicles of any powertrain.
The figures form part of a broader recovery in Tesla’s European registrations after an extended period of softer demand. While monthly volumes remain subject to typical quarter-end patterns and competitive pressure from both established European brands and rapidly expanding Chinese manufacturers, the year-to-date growth indicates improved traction in Europe’s largest car market.
Tesla’s Gigafactory Berlin-Brandenburg continues to supply the region, positioning the company to capture a share of the expanding German BEV market as overall EV adoptions looks to be accelerating.