President Donald Trump proposed ending Elon Musk’s government contracts and subsidies, escalating the war of words between the world’s richest man and the president he helped elect.

“Go ahead, make my day,” Musk posted on X in response to Trump’s threat. The Tesla chief then alleged that Trump’s name appears in the files related to the late New York financier Jeffrey Epstein, who was accused of sex trafficking underage girls and later died by suicide while in federal detention.

“Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!” Musk wrote.

Source: https://www.bloomberg.com/news/artic...epage-americas

insert Ron Burgundy "That escalated quickly" meme

I remember on a poker upswing I went to short tesla for $50k as a total tourist back in like 2018-2019 and my broker didn't let me. God bless them I would have gone busto

Now I drive a tesla to pay my respects and pay the monthly auto pilot $100 and can chill and relax on the way to the casino without stressing about driving.

Maybe you shouldnt own a car if driving “stressing” u so much .

Musk announced that robotaxis are slated to begin operating in Austin on June 22nd.

CNBC article: https://www.cnbc.com/2025/06/10/elon...n-june-22.html

"Musk said Tesla will “geofence” the service, limiting where the Model Y robotaxis can initially operate, and that employees will remotely monitor the fleet."

Musk tweet today: "The @Tesla_AI robotaxi launch begins in Austin this afternoon with customers paying a $4.20 flat fee!"

https://www.forbes.com/sites/bradtem...afety-drivers/

Not full robo. 4.20 still a steal tho.

That article, though very poorly written for a mainstream outlet like Forbes, was informative. For those not bothering to click it: The roll-out today has an employee in all the cars to monitor driving safety, is for invitees only, is only for daylight hours, is for a limited area of Austin that avoids tricky road situations, and is weather-dependent.

Robotaxi makes a 30 minute drive with no one in the car to deliver itself from the factory floor to customers apartment

https://youtu.be/lRRtW16GalE

"If you need a geofence area you don't have full self driving"
~Elon Reeve Musk 2019

The Austin demo had some minor hiccups:
- stopping in the intersection at Oltorf and S. Congress
- phantom braking, presumably for police car lights in an adjacent parking lot
- stopping in a left turn lane when passengers requested a safe drop off
- spazzing out on a left turn yield, and then driving down the wrong side of the road


It was interesting to see all the driving simulator cubicles in the background shot at the Robotaxi development office. I guess they're able to remotely drive the Teslas. That's ****ing scary. So at anytime, a Tesla employee, can go full Danny Devito Penguin and remotely operate your Tesla Batmobile and say, drive you off a bridge or maybe reverse into a lake and drown...

Yeah, I heard that originally the Austin roll-out was going to have remote "safety drivers." Instead they ended up having the "safety drivers" actually in the car. Having your car commandeered by the Penguin doesn't worry me too much, but I could definitely see them making sure that rides with politicians and regulators get remote drivers, assuring they don't experience the concerning FSD behavior that the average rider gets. I also wonder what kind of liability the remote drivers bring. If they're on their phones or goofing around when one of the robotaxis crashes, it seems like TSLA would be even more liable, due to preventable negligence, than if the unmonitored FSD crashed.

@grok - what’s the fair value of Tesla? would like to roll the Bitcoin profits in when I sell at 225-250k and Tesla lagging Mag 7 seems like the best big bet if autonomous / optimus takes off.

Musk going for 1 trillions wage package .
Thats the equivalent of every single worker in the US to pay him around 6k.
He surely deserve it , he works hard !
That will surely help the company and the economy.
Let’s give them tax break on top of that .

They just discovered life on mars. How does this impact Tesla?

New ATH incoming.....

I voted all of my Tesla Shares in favor of the wage package.
If Musk gets the 1T package he will have to pass the final milestone requirement
Essentially he will have to 6x the company's stock value from today's value (and hold that value for 30 days..)
within the next 10 years.
He will also have to have 10m active FSD subscriptions... as well as 10 other milestones.

I hope he makes it.
(mindflayer greedily rubs his hands together counting chickens... while looking at his basket full of eggs) hahaha

It passed today with 75% approval.
They do not spell it out in the article that there is a deadline to complete any/all of the tranches.
The overall timeframe for achieving all 12 milestones extends over a decade from the grant date, requiring the final market capitalization goal of $8.5 trillion to be reached by 2035.
I think that the "other" milestones that are required will be way harder to hit... Annual profit and FSD subscriptions.
To make the annual profit milestones, he will have to make Mega Packs, FSD, and Optimus (Transformers! more than meets the eye!) Bots start paying off in REAL numbers.


From CNBC
The pay package for Musk, already the world’s richest person, consists of 12 tranches of shares to be granted if Tesla hits certain milestones over the next decade. It would also give Musk increased voting power over the company, acceding to demands that he’s made publicly since early 2024. His ownership would increase from about 13% to 25%, adding more than 423 million shares to his holdings.

The first tranche of stock gets paid out if Tesla hits a market capitalization of $2 trillion. Tesla’s current market cap is $1.54 trillion.

The next nine tranches would be awarded if Tesla’s value increases by increments of $500 billion, up to $6.5 trillion. Musk would earn the last two tranches if the market cap rises by increments of $1 trillion, meaning it would need to hit $8.5 trillion for Musk to get the full package.

Tesla also laid out a series of earnings milestones for Musk, beginning with $50 billion in annual adjusted profit and moving up to $400 billion. In the third quarter, Tesla reported adjusted EBITDA of $4.2 billion.

Other goals tied to the newly approved pay plan include reaching 20 million vehicle deliveries, 10 million active FSD (Full Self-Driving) subscriptions​, 1 million bots (Optimus humanoid robots) delivered and​ 1 million robotaxis in commercial operation. To date, Tesla has delivered more than 8 million vehicles, according to its September proxy statement

Crackheadery

If they hit those targets then he probably deserves it

Gotta give it to the guy, hes the greatest salesman ever apparently

maybe i get this wrong but, elon would like gains 10% of the entire market cap of the company would be a deserved reward ?

They still just make cars and are worth more than every other car company combined. Within the last week he was making wild claims about his vaporware robots. Hes using SpaceX money to prop up the cybertruck. Robotaxi is a big joke. Batteries, megapacks, solar, semi, roadster.

Price never goes down. 1.5 trillion market cap. The shareholders continuously vote to dilute themselves for his personal benefit.

If he can bullshit his way to 8.5 then sure. Why not 2 trillion?

You need to look at the non market cap goals he must reach.
It is not like he gets the 1T pay package and then performs.
He must meet the targets ... Then get paid.
What is so hard to understand.

to actually make the 1 T payout, Must must increase EBITDA from 11B to an astounding 400B
Holy bannanas Batman! That is a tough one. For comparison GM's EBITDA in 2019 was 22B and in 2024 18.5B.
There is no way Musk will make 400B on Cars alone. ... one of his crazy ideas will have to actually materialize to hit this.

he still gets paid for partial milestones

just saying.
10% market cap is just lol and ripping off shareholders.
im just glad i got no shares in tesla shrug.

I'd normally agree with you but the stock price is currently like 66% Musk so 10% is a bargain