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Why should we trust you that Elon, who acts stupidly and gets away with it because he's rich, is in fact not stupid?

I don't know anything about running a car company, but I do know enough about poker to know that "Just buy more chips and bet again" is not in fact a winning strategy.

Agree. As I write it can be 'derogatory' which is why I sought to explain institutional stupidity rather than focus on purely individual stupidity... trying to avoid the judgment and show what the literature says (and does not say) about stupidity

No doubt he is intelligent but intelligent people can still behave stupidly, a "wise fool" to quote Gandalf.

You are right, especially because politics is the most visible example of people being called "stupid" where they should be instead called "arrogant" or "assholes" or anything like that.