Musk hits back at merger criticism: Tesla has $45B in the bank, billions in quarterly profit

elonmusk · x · 2026-10-27

Elon Musk replied to Austen, disputing Scott Galloway's framing that Tesla is the "patient" and SpaceX shareholders the "organ donors" in Musk's M&A strategy. Musk says the numbers are publicly checkable: Tesla has $45 billion in the bank and earns billions in profit every quarter.

Related event: Musk Hits Back at Merger Criticism, Citing Tesla's $45 Billion Cash(2 posts)→

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