Dead cat bounce. Engineers are paid $1000 a day because they create value to the tune of $10 000 a day. So maybe you saved $4 million a day in very short term, but now the momentum is gone, and soon you will not be earning $40 million a day from the value that now was not being created, just in a "few" short months.
I wish Elon the best, but he could have hired his own team of "hardcore" engineers and put them to work 80 hours a week, spending a fraction of the price that was paid.
What a waste.