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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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Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
