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He needs to step away from everything until people forget about him. Him being involved in any company will not help that company.
My thoughts exactly... Tesla isn't falling appart because Musk has been too busy to help it. It's because Musk is associated with tesla and he's basically pissing off anyone that might buy an electric car.
There honestly isn't a solution for the company going under beyond...
Sell Tesla to someone with a good reputation.
Give up any means of trying to be a free market system, and pivot tesla entirely to being government funded.