> is that Musk is able to admit a mistake and do a 180 He's still hedging somewhat by saying "in the last few months" because it makes it sound like it was a s

> is that Musk is able to admit a mistake and do a 180 He's still hedging somewhat by saying "in the last few months" because it makes it sound like it was a sensible decision when Tesla decided to get in, then energy usage went crazy. In reality this was obvious long before Tesla bought into bitcoin. I'm sure many within the company were entirely aware of this but Elon rules all. One of the things that worries me most about Tesla is the extent to which a billionaire with an absurd fondness for memes can do whatever he wants. Giving himself the title "Technoking" and his CFO "Master of Coin" is pretty harmless but it's also pretty stupid and makes it seem like there are no adults in the room. The bitcoin thing is the exact same dynamic except with actual damage involved.