It didn't end well for anyone.
First, Wells impugned the Morlocks, they were the industrious workers who provided the lazy multi-multi-multigenerational Eloi with their every need; food, clothing and shelter.
Wells glorified the Eloi who wouldn't lift a finger to save one of their own from drowning, had absolutely no curiosity about anything, not even where their food came from (someone's stash maybe?) but happened to be pretty by his standards.
Then Wells had the Time Traveler break the Eloi's rice bowl!
The Morlocks were burned in their underground factories. The Eloi lost their only means of sustenance, and I'm pretty sure the Time Traveler got lynched for starving them out of house and home while trying to get across the concept of working to survive!
I look at the Morelocks as a kind of gated community that gets so dependent on literally feeding off the masses, that they've deteriorated into monsters who no longer have contact with the real world. HG Wells in THE TIME MACHINE predicted the world of a global elite that amassed great fortune and power, at the expense of their humanity and souls. The Eloi, representing the rest of us, will be far better off when that world collapses.
<^..^>