Elon is only good if the market is bullish, why? because he is good in hyping the market, now that it's bearish, his charm will not work. And you know what? I think Elon Musk is very much ready to buy the dip and accumulate the coins that he would pump in the bull season, easy money for him because he has the influence but he will use it at the right time.
Elon musk is a top influencer in the crypto space and anything he touches or quotes stands. Although he as gigantic amount of cryptos which he stocks in his wallet for the purpose to explore more in the nearest future. He controls the market with his wealth and influence, he hardly losses, he is the current CEO of dogecoin and Tesla company. Elon is Looking to make crypto popular in the universe and acceptable by all nations.