A stark reminder that investing based on vibes without doing your due diligence is not wise, especially if the guy in charge is morally and ethically bankrupt. He does not truly belief in the vision he stated and only cares about hoarding money (your money if anything), so what are you even holding on for?
The man is on to his next get rich quick scheme, merging xai and spacex and looking at an ipo in the middle of 2026, tsla investors will realise true pain when it all comes crumbling down.
"AI" as it is in the mass market context is a scam, the merger is hoping to obfuscate that and give it a veneer of credibility. As it is the ai industry is oversaturated and likely has no real value especially for a late entrant that only wants to cash in on the trend. I have no doubt that spacex as the rocket company might be worth investing into, but xai (and all the stinky baggage Mr. Musk brings along) will now be an anchor around the rocket's neck.
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