It could be, except it's not factually correct (and an element of truth is necesssary for good humor). GP was talking about Tesla, not about Elon. The correct pronoun for a company is surely "they"
For example: “Meta released a new product, they (Meta) are calling it …”
Nobody else at Tesla made Nazi salutes, and publicly bullied, abused, and humiliated their own daughter, and perpetrated DOGE's destruction and corruption. Tesla ("they") had nothing to do with any of that, but suffered from Elon doing it.