I believe it’s a mixture of lot of issues.
He initially meant to buy it, but it surely was bit impulsive. However after he supplied to purchase the market tanked, Tesla inventory went down greater than 45%, lot of macro financial components weren’t good. Then he thought he can get a deal if he did some arduous core negotiating techniques. However that did not work both. Additionally his unique intention was to regulate the narrative / PR / market by way of twitter, pump crypto cash and on the identical time make it a money cow by interesting to extra audiences (1B plus prospects). All of them did not pan out. So he’s folding and calling it quits.
I actually want this mom fucker will get sued for $10B so in future no fucking wealthy scumbag performs this trick once more.
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