Power to the people, but only those who can AND will pay for it!

Personally I think he bought Twitter so that he had a reason to sell off billions in wildly overvalued Tesla stock without spooking other investors. Even if he runs Twitter into the ground and loses like 25% of its value in a year and then sells it again he'd still end up with $33bn which is still more than what the stock he sold in order to buy it should be worth in a normal situation.

If I'm right about this the biggest losers of this whole charade will be his biggest fans holding on to Tesla stock despite the many recalls and failures to meet production quotas. When Tesla starts getting overtaken by other EV creators in the coming decade they'll be left holding plummeting Tesla stock.

/r/facepalm Thread Parent Link - i.redd.it