Definitely mania. And being surrounded by “yes men” and a legion of fans pushing you forward. Until it comes time to produce the $billions and suddenly everyone is doing their due diligence and likes/retweets aren’t worth a damn.
He also had the bad luck to do this at the same time the bottom fell out of tech and people started questioning whether buying TSLA shares at $1000 was the best marginal use of their money.
Also interest rates going up significantly, making financing much more expensive.
People also said Trump didn't really want to be president, so it wasn't going to happen. Don't underestimate what people say they're going to do. It's usually better to take them at their word unless you have evidence otherwise.
Do people really think this was all a game to snag a $1B fee, publicly cause havoc and possibly precipitate the sinking of Twitter? Is that really what the world's richest man wants to drop everything to work on?
Seems like A LOT to go through for someone who has several very absorbing day jobs: Tesla + SpaceX + the micronauts rocket-tube thing + neuralink + ???
Is this mania?