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Why is Elon supporting Trump MAGA?
(lemmy.world)
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this post was submitted on 31 Oct 2024
81 points (94.5% liked)
Enough Musk Spam
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The valuation of Tesla is insanely overpriced for what it is and I think he knows it. The Tesla hype machine needs to be fed to keep it from crashing and the vast majority of his money is that stock. He needs to gain more power to secure his status. It’s a bit of a house of cards. He won’t ever not be wealthy but his status as the wealthiest is tenuous as soon as people figure out he’s full of shit.