this post was submitted on 01 May 2025
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I've been expecting this for a good while.
Rule #1 Never believe his announcements. They may be true or not.
Rule #2 Always assume that most people believe in him and his announcements.
Rule #3 After applying the rules #1 and #2, sometimes you can see what he is trying to achieve with the announcement itself.
Most times it is about inflating his ego. Often it is about pushing (manipulating) the stock market.
So when he recently announced to "be allocating far more of my time to Tesla.” I immediately thought the hell you want to donate them your oh so precious time, again, suddenly (there would even be admitting a fault in it if he actually did), no you just want the stocks to stay up. And so I concluded that he doesn't feel like taking responsibility at Tesla anymore.
I agree. And there is also a situation like this, where even if the claim is truthful, It doesn't actually change anything. He could shift from being the CEO to being the number one advisor to the company, and given his ownership, it would still be the same in effect.