elonmusk

1️⃣ Short Post (Emoji-Packed & Attractive)
🚨 SCAM ALERT 🚨
👤 Fake Elon Musk posts are giving away $2,500 instantly on a “crypto casino.”
❌ 100% FAKE!
💥 Unknown links = Wallet drain
💎 HODL, stay safe, DYOR!
#CryptoScamAwareness #HODLorFold #Binance #StaySafe #ElonMusk

Tesla is facing intense scrutiny from California regulators over allegedly misleading claims about its Autopilot and Full Self-Driving (FSD) systems. A state administrative law judge has ruled that the company misrepresented the capabilities of its driver-assistance features, potentially putting drivers at risk.

Sales and Production Licenses at Risk
According to the ruling issued Tuesday, Tesla engaged in deceptive marketing by suggesting its vehicles could drive themselves autonomously—despite the systems still requiring active driver supervision. The state’s Department of Motor Vehicles (DMV) recommended a 30-day suspension of Tesla’s vehicle sales license in California, as well as a separate 30-day suspension of its manufacturing permit.
DMV Director Steve Gordon stated that Tesla has 90 days to revise or remove any misleading language from its marketing materials. “The company must clarify what these systems can and cannot do, so buyers are not misled,” Gordon emphasized. For now, DMV will delay enforcement of the manufacturing penalty to keep Tesla’s factories running, but warned that sanctions will be enforced if compliance is not met.

The Issue Dates Back to 2022
The conflict began in 2022, when DMV first warned that Tesla’s marketing could give consumers a false impression that the cars are fully autonomous. In response, Tesla later renamed its premium system to “Full Self-Driving (with supervision)”, acknowledging that human oversight remains necessary.

Ironic Timing: Stock Hits All-Time High
Ironically, the ruling came on the same day Tesla stock closed at a record high, boosted by growing investor excitement over upcoming Robotaxi plans. Shares surged 3.1% to $489.88, beating the previous record close of $479.86.
Despite a sharp 36% drop in Q1 2025, Tesla stock has since recovered and is now up 21% over the past year. With a current market cap of $1.63 trillion, Tesla now ranks as the seventh-largest publicly traded company in the world, just behind Nvidia, Apple, Microsoft, Alphabet, Amazon, and Meta.

Elon Musk’s Net Worth Soars
As Tesla stock climbs, so does Elon Musk’s net worth, now estimated by Forbes at $684 billion. This places him comfortably atop the global rich list—over $430 billion ahead of Larry Page, who sits in second place.

State Officials Demand Action
The California DMV has made it clear: if Tesla fails to adjust its language by the deadline, fines and license suspensions will proceed regardless of any appeals. Gordon concluded that the goal is to ensure drivers fully understand the current limitations of the technology, which still falls short of full autonomy.

#Tesla , #ElonMusk , #technews , #ROBOTAXI , #worldnews

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Elon Musk just crossed another milestone that once sounded impossible. 
On Monday, Forbes said Musk became the first person in history to reach a $600 billion net worth, powered largely by a surge in expectations around SpaceX’s future and renewed optimism around his broader tech empire.
The timing matters. Reports suggest SpaceX is preparing for a public listing next year at a valuation of around $800 billion, a move that would dramatically reshape global capital markets — and further cement Musk’s position as the wealthiest individual the modern economy has ever produced.
But as Musk’s fortune rockets higher, a familiar question resurfaces in crypto circles: how much cryptocurrency does Elon Musk actually own?
The answer is more nuanced than most headlines suggest.
SpaceX, Tesla, and Musk’s Wealth Surge
Musk’s wealth jump is being driven first and foremost by SpaceX, where he owns an estimated 42% stake. At an $800 billion valuation, that holding alone would be worth roughly $336 billion, adding about $168 billion to his personal net worth and pushing Forbes’ estimate to roughly $677 billion as of midday Tuesday.

That’s before factoring in Tesla.
He owns roughly 12% of Tesla, whose shares are up about 13% year-to-date, despite uneven electric vehicle sales. 
Tesla stock climbed nearly 4% on Monday after Musk revealed that the company is testing robotaxis without a safety monitor in the front passenger seat, reinforcing his pitch that Tesla is evolving into an AI and robotics company rather than just an automaker.
In November, Tesla shareholders also approved a $1 trillion compensation package for Musk — the largest corporate pay plan ever — signaling investor confidence in his long-term vision.
Add in xAI, his artificial intelligence startup, which is reportedly in talks to raise $15 billion at a $230 billion valuation, and the scale of his empire becomes hard to overstate.
Still, crypto plays a surprisingly small — but symbolically powerful — role in Musk’s financial story.
What Crypto Does Elon Musk Personally Own?
Elon Musk has publicly confirmed that he personally owns cryptocurrency, but he has never disclosed exact amounts.
What we do know is this: Musk has acknowledged holding Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). These admissions came through interviews and social media posts over several years. However, he has consistently avoided sharing wallet addresses, balances, or precise figures.
Back in 2018, Musk once joked that he owned just 0.25 BTC, sent to him by a friend. Since then, he has hinted that his Bitcoin exposure is larger, but there is no verifiable data confirming how much he holds today.
In short, while Musk is undeniably crypto-friendly — especially toward Dogecoin — his personal crypto holdings remain private and unverified.
Tesla’s Bitcoin Holdings: Over $1 Billion on the Balance Sheet
Where Musk’s crypto exposure becomes clearer at the corporate level.
Tesla famously added Bitcoin to its balance sheet in 2021, and despite trimming its holdings over time, the company still holds around 11,509 BTC, according to public disclosures and treasury trackers. At current prices, that stash is worth more than $1 billion.

Tesla’s BTC holdings (Source: Bitcoin Treasuries)
It’s important to be precise here: this Bitcoin belongs to Tesla, not Musk personally. Still, as CEO and the company’s most influential figure, Musk was instrumental in shaping Tesla’s crypto strategy and legitimizing Bitcoin as a corporate treasury asset.
Tesla’s move helped spark a broader trend of companies treating Bitcoin as a long-term store of value rather than a speculative trade.
SpaceX’s Bitcoin Holdings Fly Under the Radar
Less talked about — but equally significant — are SpaceX’s Bitcoin holdings.
On-chain analysis and reporting suggest SpaceX owns approximately 8,285 BTC, a position that has also crossed the $1 billion mark during strong market cycles. 

SpaceX’s Bitcoin holdings (Source: Bitcoin Treasuries)
Like Tesla’s holdings, this Bitcoin sits on the company’s balance sheet, not in Musk’s personal wallets.
Still, the implication is clear: two of Musk’s most important companies are long-term Bitcoin holders, reinforcing his belief in crypto as part of the future financial system.
What Musk Does Not Own
Despite endless speculation, Musk has repeatedly clarified that he does not personally own meme coins created using his name or likeness, such as Elon-themed tokens or projects like FLOKI. While his tweets have historically moved markets, he has distanced himself from unofficial meme coins that leverage his brand.
The Bigger Picture
For someone worth more than $600 billion, Elon Musk’s personal crypto holdings are almost certainly a rounding error in financial terms. Yet his influence on the crypto market far outweighs the size of his wallet.

By backing Bitcoin through Tesla and SpaceX — and openly supporting Dogecoin — Musk has helped push digital assets into mainstream corporate and cultural conversations.
As his wealth reaches unprecedented levels, one thing is clear: Musk doesn’t need crypto to be rich — but crypto has undeniably benefited from Musk.
Author: Steven Walgenbach

#ElonMusk #Kri $DOGE