this post was submitted on 14 Aug 2023
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Nah. Anyone who looked at history knows that Elon was like this since Paypal days in the 90s.
However, VCs we're inclined to make such people heroes in the 2014-era of cheap money. Having quirky CEOs like Theranos, FTX, Tesla was hip and hot.
0% interest rates meant that shoving money to idiots was a good financial strategy, and simply outlasting the competition would work. See Jet.com which succeeded.
Uber and Lyft are others from this era of loose money policy. WeWork too. Less successful though.
Today, Tesla is suffering from the same ills as Uber, Lyft, WeWork. Today's 5.25% interest rate is too much to bare for these insanely run companies.
All that has changed in the past 10 years is a concept called Venture Capitalist submarine money. The VCs ain't helping Musk anymore, marketing has changed.
All you are feeling is the external influence that online ads, online messaging and hype can do to your brain.
Ex: think of all the free press Elon got when Hollywood said that Iron Man was based off of him in the 2008 movie. That's kinda-sorta submarine money there. That's Hollywood telling you subtly to like Elon Musk, and that subversive messaging works.
Turn that off (no one in Hollywood likes Elon anymore) and then the feeling goes away.