Hubris to the point of insanity.

Source: http://www.crazydaysandnights.net

Gallows Humor – Mr. Hedge

If you thought that A-list CEO I keep talking about is on the level, see what he was up to this weekend.

Hubris to the point of insanity.

Hey, if laughing at the hangman while getting marched to the corporate gallows is your thing, go for it.

I’m sure his investors weren’t laughing.

Elon Musk

Tesla

Is Elon Musk O.K.?

Over the weekend, billionaire multi-hyphenate Elon Musk made an April Fools’ Day joke that hit a little too close to home. “Despite intense efforts to raise money, including a last-ditch mass sale of Easter Eggs, we are sad to report that Tesla has gone completely and totally bankrupt,” he tweeted. “Elon was found passed out against a Tesla Model 3, surrounded by “Teslaquilla’ bottles, the tracks of dried tears still visible on his cheeks.” Given Tesla’s tumultuous stock price and questions about whether the electric-car company will reach production goals for its economy sedan, the Model 3, investors weren’t laughing. When markets opened on Monday, Tesla’s stock price tumbled 5.1 percent, closing at its lowest levels in more than a year.

The plummet, plus a series of recent mishaps—Tesla was forced to recall more than 120,000 Model S vehicles last week, is dealing with the fallout from a fatal crash involving its assisted-driving technology, and had its credit downgraded on the news of production lags—just may have pushed Musk to the brink. On Monday night, the billionaire revealed that he’s “back to sleeping at [the] factory” thanks to the Model 3 push (before the Model X launched, Musk camped out in a sleeping bag near the production line). “Car biz is hell,” he added.- Source