Elon Musk: Tesla Tumbles, SpaceX Soars, and Political Ambitions Loom

Elon Musk BioSnap a weekly updated Biography.

Elon Musk is back in the headlines in a way only he can muster, grabbing Wall Street’s attention, rattling the auto sector, and fueling speculation about his next political play, all while launching fresh business ventures and making waves on social media. The most consequential news came from Tesla’s Q2 earnings call this week, where Musk abruptly scrapped the 2025 sales guidance after vehicle sales slipped another 13 percent in the first half of the year and profits plunged 16 percent. He warned investors to brace for a potentially rough end to the year, with volume production of Tesla’s long-promised low-cost model delayed until at least Q4. Analysts are openly questioning whether Musk’s focus on robotaxis and humanoid robots over traditional EV growth is to blame for Tesla’s rough patch, as the stock erased much of its post-election surge, and Tesla’s total revenue tumbled 12 percent from last year, now at $22.4 billion. According to Fortune, investors wanted clarity about the robotaxi launch and the removal of safety drivers, but Musk offered only vague timelines and promises that the AI5 chip in the current cars is so powerful it may warrant national security export restrictions.

If that business drama wasn’t enough, SpaceX confirmed in a new investor filing that the company’s valuation has hit $400 billion—making it the world’s most valuable private company—while also warning that Musk could return to politics at any moment. The tender offer notes Musk’s history as a senior adviser to President Trump and signals the real risk he might devote significant time and energy to similar government roles. Musk himself has been needling Trump on his social media platform X, clashing openly and publicly over tax and spending issues, and even floating the idea of launching a new political party.

On the business expansion front, Musk’s Boring Company is set to unveil a tunnel project in Nashville aiming to connect downtown to the airport at record speed, marking his entry into the Tennessee infrastructure game. Hollywood saw the soft opening of the much-hyped Tesla Diner, complementing its retro-futuristic vibe with servers on roller skates and appearances by the Optimus humanoid robot—though opening day confusion had fans lined up outside, driven by buzz on X.

Social media impressions stay constant. Musk’s posts—whether he’s riffing on Star Wars nostalgia or affirming the imminent California launch of Tesla’s supervised ride-hailing service by retweeting YouTubers and tech influencers—still spark viral conversations and fuel daily news cycles.

All of this speaks to Musk’s continued ability to steer headlines and shape company fortunes at will, even as he courts controversy, dodges clear answers on key tech launches, and keeps investors guessing whether his real future lies in robotics, politics, or the next audacious moonshot.

Get the best deals https://amzn.to/3ODvOta