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> No real consequences

The daddy of no consequences, Elon, himself admits the company is worth way less now. [https://www.nytimes.com/2023/03/26/technology/elon-musk-twit...]

Which means the company is probably worth even less than that. [https://apnews.com/article/twitter-fidelity-musk-value]

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He admits he overpaid for it, not that cutting tons of people was a mistake

I don’t know about you but if a publicly traded company, which was trading fairly to the market expectations (way cheaper than peers like FB, Snapchat, Pinterest etc) went private and is now worth less than a third of what it was worth, mostly because usage and advertising revenue are both down, even if you don’t admit it, it was most definitely a mistake.

Unless you're just a dyed-in-the-wool Elon Musk fan, in which case it's 5D chess.

His goal was never to pay for it at all, but to make a lot of noise to cover cashing out of the insanely-overvalued TSLA stock.

Then he got held to it and they wouldn't let him back out, even after 3 attempts to break free of it.

So now he's got lemons and is making lemonade the only way he knows how.

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