Will he be able to compete? I dont know. Musk twitter moves seem incompetent overall to me. But so far, his charizma and money (to certain people) did allowed him to get quite far in his previous companies. He did treated his previous employees pretty much the same way.
I dont understand why he wanted twitter and I think the incompetence is in the way he pursued the deal, but once one is saddled with such a problem the steps to get out from under it (or at least minimize the damage) are clear. forcing employees out is necessary.
> you can also see that these moves are for survival
They don't seem like moves of survival. They seem impulsive, emotional and causing him damage.
> forcing employees out is necessary
He just had layoff. Literally, it is not like he would need to send midnight eamils about going back to office tomorrow to make them go.
The thing I read that made the most sense is that he never wanted it. He wanted to use the buyout as cover for selling a bunch of Tesla stock. No due diligence was done because he fully expected to just back out of the deal, but that didn't happen because he and his billionaire buddies were not so happy about getting deposed and dragging all their dirty laundry into the public.