A post by @elonmusk on X.

Elon Musk pushed back on the idea that Tesla depends on federal support, stating the automaker holds no government contracts and that President Trump ended federal EV incentives, while arguing SpaceX wins government business on product quality and price rather than favoritism. He added that government revenue will account for less than 10% of SpaceX's total revenue, though the tweet was truncated before the full figure was given. The comments matter because Tesla and SpaceX are central to Musk's business empire and investor sentiment around both, and the disclosure that public contracts are a small slice of SpaceX's top line may ease concerns about policy exposure as federal EV incentives unwind. What to watch next is whether Musk or the companies provide fuller figures on SpaceX's government revenue share and how Tesla's sales trend without the incentives.