Wednesday, July 24, 2024
Perception Turns
It wasn't long ago that Elon Musk could do no wrong and his companies were operating on all cylinders. The perception today is the opposite as Tesla struggles with decreased car sales, Musk is tarred in liberal eyes for his Trump affiliation and Musk's bets on future technologies, instead of taking care of Tesla, has analysts downgrading the company and Musk. He has plenty of time to turn around the mess on his hands. The question is: Will he? Musk like Trump seems to thrive on chaos, which unnerves his investors. He is, or nearly so, the richest man on the planet. He has room to maneuver but the question remains whether he can rein in his ego. His money appears to have gone to his head.
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