The Tesla hype cycle is either nearing its end or peaked and I'm sure he knows this. The valuation for this company is ridiculous by any standard. So he's on to his next thing. By joining ranks with MAGA and he's purchased himself a driver seat for the most powerful country and strongest economy.
Obviously he still cares about Tesla, but it's not his primary focus anymore. He's moved on to his next big thing which I'm sure he expects to be many times more lucrative than Tesla was.
Can you name me any billionaire who isn't an opportunist? How can you become super wealthy without being opportunistic? Do you think by being kind and law abiding gentlemen, massive wealth just lands into your lap while your competitors let you by? This entire platform is full of opportunists. You don't get anywhere in life by not being opportunistic, life is just too competitive the higher up you go.