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Every single CEO is a quack.
And by CEO I don't mean every single boss - I specifically mean the head of any company with a proper C-suite.
Why?
Because 99.999999% of the time, they're just shitty middle-manager yesmen who failed upwards, thanks only to their agreeability.
The CEO isn't some wizard who knows the biz inside and out. They're literally just a figurehead, someone to take the fall, sign the executive decisions, and market the company. Nothing else. Their purpose is to maximise shareholder value, even at the cost of ruining the company, and one of the methods of doing so is marketing.
so you get these absolute morons, often malicious morons, like the listed, or Musk, who know nothing about the innate workings of the company, but pretend to do so in public purely for the extra profit it brings.
Then people act shocked when the N+1th CEO turns out to be a complete dipshit who knows nothing but yapping.
They don't fail upwards. They corner the market. You can get your MBA from Wharton and won't get a job on Wall Street because those are reserved for the friends and family of people in the upper echelons.
Add to it that the BBA and MBA are basically the most useless degrees ever. Sure you can make a nice spreadsheet but can you do something useful to society?
Wall Street =/= CEOs...