Earlier quoted context omitted.
Is he really rich? He started a car company, one that is known to make shit cars. All of their big bets failed. So what was supposed to be "not just a car comoany", which is what all the insane valuations were based on, is now "just a car comoany" and a shit one at that. So why is this car comoany still valuated at such insane hype levels? Is his wealth not entirely tied to the hyper-valuation of this car company?
Except for the Cybertruck the cars are pretty good. The overvaluation is because Musk wants everybody to think Tesla is an AI company that makes self-driving cars, which by now everybody realizes is bullshit. Tesla makes pretty nice cars if you're willing to drive them yourself and you only occasionally use autopilot as a kind of smarter cruise control. Never use FSD unless you're willing to pay through the nose for…
Cue HN commentary about how that’s worse, but I’m only commenting here because this comment directly contradicts my lived experience.