I'll go ahead and throw it out there I guess, but remember, it's a theory.
I'm also going to simplify this a bit with some generalizations in regards to power output in relation to frequency since there are too many variable to be exact, different music etc.
Let's take a typical 3 way loudspeaker rated for 120 watts and a typical 100wpc SS amp. In that speaker, the woofer may be able to handle 120 watts hence the rating of the speaker system, but the midrange won't handle 120 watts, and the tweeter definitely won't, it might only handle maybe 15 watts at the most. It doesn't need to though because the tweeter typically uses about 10% or so of the overall power the amplifier is delivering at any given time. If the amp is playing at a level that requires a few watts on average with peaks of say 30 watts, the tweeter would be receiving well under a watt on average to right around 3 watts on peaks. No problem, the tweeter can handle 10-15 watts (within it's designed frequency range).
Lets say you crank the amp up to it's unclipped maximum and it's delivering 100 watts on peaks, still no problem, the woofer can handle it and the tweeter can handle 15 watts and it's getting around 10 watts on these same peaks.
Now, one of the things I've always noticed is that even before audible clipping seems to be present, I'll start hearing thinness to the overall frequency balance when I'm pushing an amp too hard. I wondered why it sounded thin, less bass, and more mids and treble, even though I didn't hear any obvious distortion. My theory is this: If an amplifier reaches it's maximum output voltage (wattage) it's going to do it at bass frequencies first, but the amp is still capable of producing more power at higher frequencies.
Remember the higher in frequency the tones are, the less power they require, so up until the amp starts to run out of steam, the tweeter is getting but a fraction of the power and is well within its comfort zone. I maintain that once the amp reaches it's limit in output power into bass frequencies, if one drives the volume control more and more, the amp ceases to produce more power into the woofer, but can continue to increase in level at higher frequencies, and I believe that is A: The cause of thin sound, since the bass cannot get any louder, but the mids and tweeters can, and B: Is also the cause of tweeter death as now the tweeter, instead of the typical consumption of 10% of the overall power may now be getting 20, 30% or possible even more, of the power depending on just much further one continues cranking the volume control, so the tweeter is getting 20 or 30 or even more watts of power on peaks, well past it's design limit.
I don't believe clipping in itself has anything to do with tweeter damage, as you'd be able to kill a tweeter with a clipped preamp otherwise. I think clipping is often present when my theory starts happening and therefore it's believed that clipping caused the damage, but it's not the cause of the damage. I can also see, if my theory rings true, why bigger amps seem less involved in speaker damage since you'll maintain the 10% power ratio to the tweeters at higher overall volume levels, and it'd take a 300wpc amp driven to it's limit before it reached the same power output into the tweeters that the 100 watt amp driven beyond its limits can do.
One final note: A clipped wave form viewed on a spectrum analyzer may look like DC, but it isn't
OK, flame away y'all!
