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The Problem With Tesla & SpaceX
And how Musk plans to “fix” things.
When it comes to Elon Musk, it’s always worth asking “Why?” He may try to paint himself out as a genius but he is far from that, as the past few years and his rotating list of scandals have beautifully demonstrated. What Musk has succeeded at through sheer pig-headed trial and error is sleight of hand. The technological leaps he supposedly “spearheads” are actually part of the overpromised con job that is him giving his overworked and underpaid engineers head-splitting migraines. So, when I found out that Musk had started shuffling large sums of cash throughout his empire, I had to ask, “Why?” And, I quickly realised, he is up to his usual shady shenanigans.
Everything begins with Tesla and SpaceX because, as the title suggests, they aren’t doing as well as you’d think.
Tesla, a company whose entire identity, purpose, value and set-up are based on massive growth, has been stagnant for years now. On the 19th of June 2020, Tesla shares sold for $335 (adjusted for stock splits), but on the 22nd of July 2025, they are only worth $328. Sure, the stock has gone up and down drastically during that time, but that is just volatility. Averaged out, Tesla has experienced zero growth for half a decade now.
