Elon Musk spent years throwing stones from the world’s largest glass house. He called Social Security a Ponzi scheme, blamed everyone but himself when Tesla’s stock wobbled, and painted himself as a free speech savior—all while running a financial circus built on taxpayer dollars, regulatory loopholes, and corporate grift. Now? That glass house is shattering.

This week, the United Kingdom announced it may claw back £188 million in taxpayer subsidies it handed to Tesla. Another government finally realizing they’ve been conned. This isn’t an isolated event—it’s the latest crack in a collapsing empire built on smoke, mirrors, and other people’s money.
For years, Musk has weaponized buzzwords and big promises to keep the game going. He’s pitched everything from Mars colonies to robot armies to underground tunnels that could’ve been built better with a shovel and a Home Depot gift card. He’s rolled worthless companies like SolarCity into Tesla—not because it helped Tesla, but to offload debt at the shareholders’ expense while he and his cousins profited from the acquisition.
It’s a strategy we’ve seen over and over: sell the dream, pocket the cash, leave everyone else holding the bag.
The truth is that every rebate program, every subsidy, every handout Musk has ever touched has been nothing more than a cash funnel to prop up failing products. The Canadian EV rebate fraud? Total scam. Tesla’s fake battery swap stations? Fraud. SolarCity’s fake solar roof tiles? Fraud. Every program meant to help the public has been twisted into a private piggy bank for billionaires.
And when the math stops working? Musk decimates his workforce. That’s not a figure of speech—it’s literal. A “decimation” historically meant killing one in ten soldiers to scare the rest. That’s exactly what Musk has done. Tesla has slashed 10% of staff, even as sales crater worldwide. The service and product quality will only get worse, just like it did when he gutted Twitter (now X) and let it rot. When things fall apart, Musk doesn’t fix them—he cuts people, blames others, and pretends he’s still the genius.
For years, Musk has accused others of fraud and waste, all while borrowing billions against inflated stock prices and hollow promises. He told employees not to sell Tesla shares at the end of Q1 2025—even though his brother, board members, and executives were quietly dumping tens of millions of dollars’ worth of stock. (You can read more about those insider sales here.)
The man crying about free speech and fraud has spent his career scamming governments and investors, and blaming the public when it catches up to him.
And now, when the taxpayer money starts drying up, when the political tides shift, when people finally look at the math—the stones he’s thrown come flying back. You can’t fake profits forever. You can’t blame protesters for your sales collapse when you haven’t launched a single meaningful product in years. You can’t build a “town square” by banning speech. And you sure as hell can’t run a company like Tesla at 100x earnings when you’re laying off workers, slashing prices, and getting stomped in every market.
Musk’s glass house isn’t just cracking—it’s collapsing under the weight of his own grift. Every scheme, every subsidy, every fake product is finally in the spotlight. The fantasy is over. The math always wins.