This guy has been married to this company and it's what brought him the fame he has today. Surely, he was successful before starting Tesla, but at least from how I started to know about him, it's as Tesla's CEO.I can only imagine that subconsciously he feels very connected to the company.
I've deliberately used "married to Tesla" because i wanted to make an analogy here. I know very well that some people can start acting very weird in a relationship if they don't feel committed anymore, but at the same time do not have the courage to have a clean exit. They would make all kind of stupid shit to make the perfect scenario to arrange an exit where they would be victimized and their ego would take minimum damage. In my opinion, Musk's personality matches the aforementioned type very well.
Again, this is just my personal opinion, and food for thought, as someone's reply. Time will tell.
I'd like to add that this could be the case 'subconsciously' without him realizing or rationalizing it to himself.
...which would be very convenient if he believed there was no way to meet the company's targets and fix its problems, thus being bound to failure.
...which, coincidentally, is what short sellers also believe and have been warning about for ages.
Thus the "I was forced to leave" spin would be an effective excuse to avoid the blowback and the stigma of failing to perform and deliver on his promises that the company was viable while it wasn't.
[0]- https://www.marketwatch.com/story/heres-how-teslas-elon-musk...
Going back to your claim, I dont think a current price of $300 per share is bargain. But with his current behaviour, I can see that happening in the near future.
Just to drive the point home: what's Tesla's dividend per share?