A man working as a welder at SpaceX for $28 an hour has just become a millionaire.
Juan Hernandez, who came from Mexico, welded rockets for SpaceX at $28 an hour.
SpaceX gave him $10,000 in stock when he went full time in 2015, and he bought more with every paycheck for 10 years.
$SPCX is now trading at $167, making his shares worth over $1 million.
Elon just created 4,400 millionaires in a single day.
400 of them are now worth over $100 million.
These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.
Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.
Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."
The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.
Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.
I first met Wawa leadership back in 2015. I took them for a drive in a Model S P85+ at their headquarters in Pennsylvania. The touchscreen and acceleration showed them how exciting EVs can be, and why they were the future. Conversations were kind, direct, and fun.
Just like they added gas pumps to their dairy business in the mid-90s, they took a shot on Tesla to drive EV traffic. Wawa locations are great: hoagies, clean restrooms, easy highway access, and open 24/7. Fast forward 11 years and Wawa is now the host with the most Tesla Superchargers (223 sites, 2115 stalls). I never imagined we'd scale this fast and @TeslaCharging has many more Tesla Superchargers coming with them. We're still working with the same leaders, and yes they drive Teslas.
Today, I'm grateful Wawa is choosing Tesla again, this time for the first charging infrastructure that they wanted to own, price and brand. For this site, @TeslaCharging also handled the design, permitting, and build using Pre-assembled Supercharger Units. It's part of the Supercharger secret sauce keeping cost down.
Thank you @Wawa for the journey so far and congratulations on your first owned EV infrastructure!
In 2018 I paid $50,000 for a Model 3 Long Range Rear Wheel Drive with 310 miles of range.
Today you can get a Model 3 Standard with 320 miles of range for $36,990.
Adjusting for inflation, this would be the equivalent of a $29,961 Model 3 in 2018.
Tesla doesn’t get enough credit for how much better and more affordable they’ve made their products over time.
NEWS: Subaru has unveiled their new EV called the Subaru Uncharted.
• Range: Over 300 miles (on Premium FWD trim). Up to 290 miles (Sport & GT).
• NACS charging port with speeds up to 150 kW
• 0–60 mph: Under 5s
• 74.7kWh battery
• 10% to 80% charge in ~30 mins (in cold weather too)
• 11-kW onboard charger for home charging
• Up to to 338 hp
• Battery preconditioning system for improved cold-weather charging
• 14" center screen
• Dual wireless smartphone chargers in front
• Over 25 cubic feet of cargo space behind second row
Deliveries start early 2026. Pricing to be announced closer to launch.
Bloomberg reports that for the first time, Tesla operated a test vehicle on public roads in Austin with no one in the driver's seat.
A Tesla engineer was riding in a passenger seat of a Model Y SUV, which drove autonomously with no remote operation.
Opinion piece by Tesla owner Michele Miller in the Boston Globe:
"I didn’t buy my Tesla in 2020 to make a political statement. I bought it to stop burning gas; And I’m not going to undo that choice just because the narrative around it has changed. What’s unfolding now is a case study in how some progressive movements have become more invested in symbols than systems; Years ago, when I bought my first Tesla, it was the political right that mocked the car. My father — a lifelong Republican — urged me to get rid of it. He saw it as a symbol of elitism: impractical, smug, unnecessary.
I bought my second Tesla in 2024 for the same reason as the first: to continue reducing my reliance on fossil fuels.
Now, that same father has warmed to it. Tesla is often praised in conservative circles, while many progressives are actively protesting against the company. What changed? Not the car, but the story we tell about it.
If the political pendulum can swing that easily, maybe the car isn’t the problem. Maybe we’ve just gotten too comfortable treating every purchase as a declaration of identity, rather than asking: What does this tool actually do?
What troubles me is the selective outrage. It’s easy to denounce a choice you didn’t make. It’s even easier to suggest someone sell an expensive, low-emission vehicle without acknowledging the real trade-offs involved.
Progress, after all, isn’t just about individual choices, it’s also about building systems that make better choices possible. Tesla’s EV charging network, once exclusive to its own customers, is now opening to other electric vehicles, creating critical infrastructure for broader clean transportation. That’s a tangible environmental good that extends far beyond any single company or CEO.
So no, I’m not selling my Tesla. Not because I’m ignoring the conversation — but because I’m engaged in it. Because I believe evolution doesn’t come from symbolic purging. It comes from working — however imperfectly — toward progress."
Full piece: https://t.co/zLSrMcO54r
NEWS: New Tesla vehicles from the Fremont factory now officially drive themselves autonomously 1.2 miles to their designated loading dock without any human intervention!
Here is the full clip: