Part 5/9:
Leo admits feeling betrayed to some extent—claiming he "lost his innocence" and felt cheated by Musk's promises. While he stops short of outright accusing Musk of intentional deceit, his tone suggests disappointment, especially considering the sizable portion of his wealth tied to Tesla.
The Role of Wealth and Emotional Reactions
As a 67-year-old with billions invested in Tesla, Leo demonstrates the emotional and financial stakes involved. For high-net-worth individuals, a sharp decline in Tesla’s stock can be a personal blow, leading to frustration and distrust. He questions why some shareholders seem disillusioned when the company's fundamentals remain strong, and he points out that for long-term holders not dependent on short-term gains, the price fluctuations are less impactful.