I remember when Elon came up with the hyper loop idea and everybody I worked with at the time thought it was revolutionary. These were very smart people who were fooled.
In hindsight, how could we all have fell for this? What a profoundly stupid idea, but I distinctly remember at the time it felt right.
I guess what I'm saying is that I think a lot of people just wised up and started seeing through his B.S.
I genuinely don't know how the mental model of such a person works where they look at Elon who got multiple world changing bets right but they focus on the ones that were wrong.
I really dislike Elon as a person, but didn't the hyperloop POC work? I admittedly haven't followed it in long time.
Anyone who assumes they won't be fooled is setting themselves up for disaster.
The biggest of Musk's warning signs, for me, was the hype. Hype can drown out valid criticism. When the hype is big enough, valid criticism ends up being drowned out by rage based, critical rhetoric that's in a screaming match with proponents.
(The worst part about being hype averse is that I can end up averse to legitimately exciting things.)