I want to say this isn't 100% unexpected (some people show true behaviour openly only once they have nothing to lose). However, this does indicate a very deep flaw in our existing society i.e. giving certain individuals too much power; either via their job position or capital. This is why I think we should have higher tax rates and prevent at least an individual just to gain too much control by their capital. I would even be ok with 50%-100% tax rate above 100 million dollars net worth. There needs to be less imbalance in society, not more.
PS: Also I had divested away from individual Tesla stocks a year or so ago.
What is the rationale behind you think the bureaucrats with no skin-in-the-game would apply the money better than an entrepreneur and with more balance for society?
Also, what makes you think the buerocrats making up the buericracies are any less emotional when given vast resources? Government is known for wasteful and irrational spending on things such as roads to nowhere