Try to apply that logic to any of Elon’s stocks.
Like, I generally agree with you, but… no one can possibly do any kind of analysis on TSLA, and Elon, and conclude anything other than:
Everything about this is completely insane and makes no sense.
Oh hi I’m Elon Musk, my car company only exists because of tax credits for EVs, and I just spent a squagillion dollars to elect a guy who will cancel those.
Oh, also, we build C3POs now, not cars.
Even though they’re decades behind already existing humanoid robots.
Also, please given Elon a squagillion dollars, to incentivize him to keep performing his super duper CEO magic.
… fucking what? He’s an actual madman, not a suave and calculating Bond villain, he’s a fucking lunatic!
… Does any of this not qualify as ‘management is going to do dumb shit?’
(also i am not sure if ‘manglement’ was an intentional joke or unintentional misspelling, but that will now be the word I am using in place of ‘mismanagement’, hahah!)