Elon Musk says this part of Tesla ‘makes no sense’

Live updates

1. 1d ago

   Elon Musk disputes Tesla credit rating and FSD crash reports

   Elon Musk has questioned Moody's decision to give SpaceX a higher credit rating than Tesla. Meanwhile, the NHTSA is investigating a fatal crash in Texas where the driver claimed to use Full Self-Driving. Musk and Tesla AI lead Ashok Elluswamy deny that FSD caused the accident.

   What's confirmed:

   • Moody's assigned SpaceX a Baa1 investment-grade rating, which is two notches above Tesla's Baa3 rating.
   • The NHTSA is probing a fatal Tesla crash into a home in Texas.
   • Elon Musk and AI lead Ashok Elluswamy deny that the FSD system caused the Texas crash.
   • Elon Musk stated that the claim of FSD involvement in the crash "makes no sense" because EVs travel slowly in residential areas.

   Still unconfirmed:

   • The driver of the Texas vehicle told police he was using FSD at the time of the crash.
   • Tesla claims media outlets provided unfair reporting regarding the Katy, Texas accident.
   confidence 100%
2. 3d ago

   Elon Musk Challenges Tesla Credit Rating Following SpaceX Gains

   SpaceX is preparing a bond sale of at least $20 billion. The company recently secured investment-grade credit ratings based on its connectivity and space operations. Elon Musk has since questioned Moody's credit rating for Tesla.

   What's confirmed:

   • SpaceX bankers are preparing a bond sale of at least $20 billion.
   • SpaceX received investment-grade credit ratings.

   Still unconfirmed:

   • SpaceX shares have tumbled.
   • SpaceX had a record IPO.
   • Elon Musk challenged Moody's Tesla credit rating because SpaceX received a higher one.
   confidence 80%