Comment by dsr_

Elon doesn't think this. Elon says whatever bullshit thing comes into his head without regard for technical, economic or physical plausibility. As long as it raises the stock price!

The market has had almost a hundred years of being well-regulated, so when a sociopath lies through their teeth, we're inclined to give them the benefit of the doubt. But in the last few years, that regulation has been worn down to nothing, and the result is and was entirely predictable: fraud.