As is being proven daily in CF guns. The Barnes bullet is effective all out of proportion to it's size. No reason to think the Thor isn't the same.
There's something about those razor sharp petals spinning through an animal that kills them quick. 100% weight retention helps too.
I'm not sure when we started to think a 250gr bullet is small for elk? We aren't talking about primitive bullets. We're talking about premium bullets.
If I had any doubts the bullet couldn't do the job. I wouldn't use it. I never take chancy shots. My dad taught me better than that. Jon may freak out when he sees the shots I pass up. I go hunting for the challenge, and to enjoy the hunt. The kill is a bonus, so I don't take chances to get it.
The 250gr Thor will be fine.