The attack on X
A few days ago, on Monday the 10th, there was an attack on X that caused it to malfunction for hours, affecting users from all over the world.
From what we know, a DDoS attack was carried out, a rather widespread practice on the internet that affects many websites every day. A giant like X is obviously equipped with all the necessary countermeasures, but this time they weren’t enough, also due to some gaps that seem to have existed.
The incident clearly attracted international attention but, contrary to what one might expect, not so much for what happened, but rather for the statements made by Elon Musk.
The magnate, increasingly in the eye of the storm due to various political controversies, has in fact accused Ukraine of being the mastermind of the attack. The motivation lies in the IP addresses of origin of the attack which, according to Musk, are of Ukrainian origin. However, several cybersecurity experts argue that the issue is much more complex, casting doubt on Elon Musk’s thesis. After all, we “ordinary mortals” also use VPNs and they are part of a web attacker’s kit, along with proxy networks and other useful practices to disguise their origin.
In any case, the attack was claimed by the pro-Palestinian group Dark Storm; but even here we can’t be certain if this is actually the case. Could Musk’s move have been purely political?
Wired has accurately described what happened in a dedicated article that also includes the opinions of authoritative experts in web security and computer science: give it a read to find out more!
Elon Musk: not just thoughts on X...
The former Twitter platform is just one of the thoughts in Elon Musk’s head. Certainly thoughts are also coming from Tesla, which is increasingly struggling; so let’s look at how it has been doing in recent weeks.
Tesla shares are certainly not doing well. After a long bullish period, which led to a new ATH just before Christmas, TSLA has steadily lost ground, going from almost $500 per share to the current $237 (but at its lowest point it even reached $220).
Elon Musk, who is increasingly hated in the United States and seen as an enemy of the country, weighs heavily on the poor performance. The layoffs carried out through the DOGE department, interference in government and state affairs, and sympathy for far-right movements have not been good publicity for TSLA, which is now paying the price.
Unfortunately, also in the United States, there have been acts of vandalism on these cars, on charging stations and on dealerships. This is a practice to be condemned and difficult for the authorities to control.
In any case, TSLA is a company whose stock value has always been quite inflated. The volatility of the stock, the figure of Musk, the hype and other factors have contributed to a growth that is definitely out of line with actual values. This does not mean that the company’s products are poor and Tesla itself is worthless, on the contrary: it’s all about the numbers, not the rest.
Will Tesla manage to stop the losses? Right now we are in a delicate area, which not surprisingly corresponds to the gap recorded in October 2024. However, given the timing, it is difficult to analyze supports, resistors and other indicators: TSLA is also in the storm and we have to wait for the waters to calm down.
