Elon Musk and Son Lil X’s Joyride Sparks a $1.2 Billion Industry Shakeup
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Elon Musk and Son Lil X’s Joyride Sparks a $1.2 Billion Industry Shakeup

Racing and Revelation

Disrupting the EV Landscape

Timing the Market

Behind the Scenes

More Than Just Business?

Some interpreted the acquisition as a heartfelt gesture—a father indulging his son’s curiosity. Others saw it as a carefully crafted PR move. Musk, often criticized for his political alliances and erratic business strategies, had faced family drama and shareholder unrest in recent months. This unexpected acquisition allowed him to project an image of familial warmth amid professional chaos.

What’s Next?

As of May 19, VoltSpeed’s integration into Tesla is underway. There are whispers that Tesla might revive the VoltSpeed race car under a new motorsport brand, possibly entering Formula E. Meanwhile, VoltSpeed’s engineers are reportedly working to adapt their battery technology for use in future Tesla vehicles.

Whether this bold purchase was driven by childlike wonder or strategic foresight, it has reignited public and investor interest in Musk’s long-term EV vision. One thing is certain: the world is watching what Musk—and Lil X—will do next.

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