Elon Musk
Chief Executive Officer, Tesla
Co-founder and CEO. Also runs SpaceX and xAI. Musk's 2018 pay package was reinstated by the Delaware Supreme Court in December 2025.
In the news
Musk says Tesla halved AI5 chip memory to 72GB and cut AI6 by a third for Optimus
Elon Musk posted on X on October 1, 2026 that Tesla had cut the RAM on its AI5 chip in half, to 72GB of LPDDR5, and reduced AI6 to 144GB of LPDDR6.
Tesla sets October 1 for second-generation Roadster unveil
Tesla posted on X on September 12, 2026 that it would unveil the second-generation Roadster on October 1, with a '10.01' graphic and the words 'Go for launch'.
SpaceX and Tesla announce $16.8 billion first phase of Terafab chip plant in Texas
Tesla and SpaceX announced the first phase of Terafab, a semiconductor plant in Grimes County, Texas, with $16.8 billion of initial investment.
Tesla Q2 2026 revenue $28.2B (+26%) but non-GAAP EPS $0.33 and gross margin 16.8%
Tesla reported Q2 2026 revenue of $28.2B, up 26%, but margins fell: GAAP gross margin was 16.8% and automotive gross margin ex-credits was 16.3%.
Musk says Tesla and SpaceX have 'more and more overlap' but no merger talk
On the Q2 2026 call Musk said there was 'more and more overlap' between Tesla and SpaceX, but that combining the companies could not be discussed on the call and needed an appropriate process.
Tesla 10-K/A discloses $573M of 2025 revenue from SpaceX and xAI
Tesla filed an amended FY2025 annual report on April 30, 2026 that details related-party transactions with Musk's companies.
Musk: Optimus Fremont production late July or August; V3 reveal mid-year
On the Q1 2026 call Musk said Optimus production would begin at Fremont in late July or August, with initial output 'quite slow'.
Tesla revokes $29B interim pay award after court restores Musk's 2018 package
Tesla's board revoked the $29 billion interim award on April 21, 2026, citing its 'no double dip' principle, after the Delaware Supreme Court reinstated Musk's 2018 package.
Musk launches Terafab chip fab project with SpaceX and xAI in Austin
Musk launched Terafab on March 21, 2026 at the Seaholm Power Plant in Austin, describing it as a joint venture of Tesla, SpaceX and xAI.
Tesla completes $2B xAI investment, which converts to SpaceX stock
Tesla's $2 billion investment in xAI Holdings closed on March 12, 2026.
SpaceX acquires xAI; Tesla's $2B xAI stake becomes indirect SpaceX exposure
SpaceX announced on February 2, 2026 that it had acquired xAI, reportedly valuing the combined company at $1.25 trillion before a planned IPO.
Tesla discloses $2B investment in Musk's xAI
Tesla disclosed in its Q4 shareholder letter that it had invested $2 billion in xAI, an AI company run by Elon Musk.