The best analogy I can think of is a swimming pool.
It used to have people to treat the pool, skim it, add new water to replace the water lost from evaporation, regulate the chemicals, and try to keep people from pissing in the pool. It was cheap and half decent so people still wanted to visit.
Since Elon bought it, he's sacked everyone who performed any upkeep to the pool and he's removed the filters. Now the pool smells terrible, the water has changed color, the water level has dropped substantially, animals are living in it, and the pumps that recirculate water are close to failing entirely. He's also built a tall fence around it and raised the price of admission.
It's a total hellhole to the point that the government is close to taking it away and filling it with soil because it's a health hazard.