That is an odd conclusion from a tweet that shows revenue is down 50% since Musk took over. Maybe they didn't read the 2nd paragraph? Or maybe they think that the admittedly improved profit margin is sustainable even if revenue crashes?
But according to the quoted tweet, EBITDA has doubled nonetheless
This is coming from someone who _literally went to prison for securities fraud_. Like, I'm not sure why you'd expect his opinions on valuations to... be good.
High profit margins are good. Also ad sales will presumably go up now Trump & Musk are in power.