Elon Musk's Twitter rant is a smoke-and-mirrors tactic hides truth about Tesla

businessinsider.com

6 points·jijojv··5 comments

Tesla CEO Elon Musk has been on an extended Twitter rant against critics of the company.

His most recent target is the media, which he says has lost the public's trust and should be tracked for truthfulness.

Musk is doing all this to distract from the alarming reality of Tesla's struggling business.

I'm mostly amused by the whole thing.

Any investor that thought this wan't going to be a mess is deserving what they get. A lot of 'disruptive' startups are based on using VC and investor money to create a monopoly in some space. I think a hidden advantage of a monopoly in these deals is it'd not possible to actually rationalize the price of a monopoly's stock or bonds. Basically Soft Ponzi Scheme where the product is really just stocks.

Tesla isn't going to grab a monopoly share of the auto market. So the usual rules apply. That's what's ugly here.

Maybe I'm living in a liberal media echo chamber, but his rants appear to have the opposite effect; the backlash is drawing more attention to Tesla's problems.

Probably Streisand effect.

I'm really surprised and saddened by these tweets of Musk's. He's a quantitatively-minded and trained person, and lowering the bar to Trumpish trolling reduces his credibility. I've posted nonsense I regret to social media, so perhaps this is just a sign of the tremendous pressure he's under. Hope he doesn't crack and that SpaceX doesn't go down.

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