It's only wild if you ignore Musk's role in this. Not even trying to bash him or anything, but he's a trillionaire. This is the kind of shit you do when you have more money than you can ever possibly waste.
I mean, if this is how he wants to spend his money, then I guess that's his prerogative. But I think it's a bit misleading to suggest this is a decision made by "Tesla" when this is clearly an irrational decision for a company to make. This is a decision made by Musk based on satisfying his own personal goals.