user
14 hours ago
[deleted]
14 hours ago
13 hours ago
"Why did they throw a party instead of telling a good story? It makes no sense to me."
It's really very simple - the party was announced in April, the same day Reuters revealed that Tesla discontinued work on a cheap Model 2. Tesla's stock price almost doubled in the following weeks.
People seem to forget that Musk's fortune is very closely tied to Tesla stock price, especially after he purchased Twitter and turned it into a money burning machine.