Elon Musk's cult of personality lives strong
Elon Musk is doing just great. His holdings in
SpaceX, Tesla and other things have made him the second richest man in the world.
He owns an international social
network of exquisite power. He is zealously procreating
Why It Matters: Musk reached avant-garde mesospheric heights largely
by relying on a brilliant-man narrative that credited him not only
That narrative, clearly, aggravated a number of
people who didn't like Musk very much, or the narrative he leaned into.
Those folks had been positively gleeful over the past few months,
when Musk was pressured to buy Twitter, where the escalating chaos
Both Elon Musk and embattled House
speaker candidate Kevin McCarthy made enemies as they rose to power.
Among the tensions: In Musk's case, however, the decline in Tesla's
stock, and thus its Internet value, is, truth be told,
Tesla is down 73% from its peak, roughly at the
same rate as Meta (fka fb), which is down 67%. It's significantly outperforming stocks like Zoom, which is down 89%
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