Right now he is a scapegoat. We always need one; it is human nature! We can not rage at an inanimate object (the crypto market at large).

It is Elon's own fault that he is getting so much flack. He keeps himself in the spotlight as most ego-maniacs do. Are his comments of late the reason why the crypto market has gone red? An oversimplification I believe. The markets do what the markets do.