This is one of the problems with putting rich and successful people like Musk on a pedestal--it makes it seem like they can't make dumb, ego-driven mistakes. Irrational behavior gets interpreted as some 4D chess move that us mortals can't wrap our head around.
Exactly. It's like when people thought it was some amazing play so he could sell loads of tesla stock without tanking it. No, because if it was he would have given himself loads of getouts. Instead he gave up rights to all DD. Just arrogance IMO and he had to pay the price.
Now it's operation "get money back". He'll probably hold it for 5-10 years until tech stocks recover then IPO to try to foist it on his gullible fanboys. Until then he just needs to not scare off advertisers and cut costs enough to afford his debt repayments.
