It’s an extension of the culture war. Tons of right wing culture warriors got really rich off crypto without doing anything to deserve that wealth, so left wing culture warriors are naturally opposed to it. You check out /r/Buttcoin, they also hate GameStop (valid) and Elon Musk (much less so, he’s doing great work outside of Twitter despite his immaturity) for those same fundamental reasons. It’s more of the same social media derangement cycle that sucks in so many people on both sides, even if they fundamentally have a point about a lot of crypto being based on nothing
I think it would be more accurate to say his companies are doing great work.
He's an idea guy, but mostly he's just an investor. A toxic, thin-skinned, sometimes fraudulent investor, but it's hard to argue with the work being done by companies like SpaceX and Tesla (not just what's being promised, but what has actually been done). IMO it's important to understand both sides of that coin.
Nah. Tesla is doing good work. They're far from perfect, but it's an interesting product, and they were first to market in many ways. I can't see it lasting that much longer in it's current form, but that doesn't undermine the work they've already done.
It's also important to note that Musk isn't the founder of that one. He just has a contract that gives him the title "founder".
And there's definitely a trend where his earlier companies were less likely to be scams. Zip2 and Paypal were both successful AFAIK. Boring Company is a bust unless it's radically reorganized (without underground vacuum tunnels), OpenAI is probably BS too. It's a little hard to say right now.
Elon Musk, personally, is an asshole. He is also majorly addicted to Twitter, which toxifies him, and his acquisition of Twitter is the equivalent of a severe alcoholic buying Anheuser-Busch.
Nevertheless, Teslas are great cars and SpaceX is doing phenomenal work in space travel. Hating Musk with a passion is extremely weird, and tons of online people really do