Elon Musk buys $3 billion stake (9.2%) in Twitter and is now the platform's largest shareholder

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???


I still can’t figure out his play. He’s certainly acting like someone who will bankrupt the company - not paying rent, not paying legally required severance, not paying vendors, auctioning the furniture, etc. I doubt Twitter is making its tax payments. It’s as if he’s hoarding the company cash and trying to force the creditors to deal with a bankruptcy court to get paid.

I still can’t figure out the end game.


In all seriousness, this feels like someone with unmanaged bipolar disorder who is in a severe manic phase.

I think he’s always had teams managing him and his poor decisions and he had enough money to not have that at Twitter, too. This has been a months long process of absolute stupidity. Granted, I only know well one bipolar person but her cycles were a lot faster.


That's not how startups work. You sound like the opposite of a fanboi, someone who irrationally and illogically hates someone.


Can you really say this is irrational or illogical, when we see what he's doing at Twitter? It's really insane. Now he's banned the accounts that are the actual reason why so many people are on Twitter. (Free speech!)
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???


I still can’t figure out his play. He’s certainly acting like someone who will bankrupt the company - not paying rent, not paying legally required severance, not paying vendors, auctioning the furniture, etc. I doubt Twitter is making its tax payments. It’s as if he’s hoarding the company cash and trying to force the creditors to deal with a bankruptcy court to get paid.

I still can’t figure out the end game.


Trying to make them accept pennies on the dollar is a time honored tradition. Real estate investment trusts aren’t as susceptible to extortion. And California regulators are pretty serious about its labor and tax laws. There’s a good reason the Twitter legal team is gone. Musk cannot stand being told “you can’t do that.”


I wonder if he wants to be shut down by the government so that he has someone to blame. Twitter with the level of debt he saddled it with was always a very iffy proposition. After the first week of layoffs and his personal trolling led to advertisers fleeing, making the debt payments became a pipe dream. Now he's going to be dealing with violations of California labor law, a violation of the FTC's consent decree, and utter inability to comply with GDPR requests or or California CCPA requests, not to mention European labor law violations.
Anonymous
I think Musk's Asperger's got him into this mess (he took the wrong people literally and listened to them), and now he's panicking because he doesn't know how to get out. He thinks he can fix it by working all day and night, and trying different things, like you can with a wonky computer program. Twitter is his latest obsession, but it's a SOCIAL network - something he has difficulty understanding.
Anonymous
Anonymous wrote:I think Musk's Asperger's got him into this mess (he took the wrong people literally and listened to them), and now he's panicking because he doesn't know how to get out. He thinks he can fix it by working all day and night, and trying different things, like you can with a wonky computer program. Twitter is his latest obsession, but it's a SOCIAL network - something he has difficulty understanding.


He does not seem like someone working all day and night to me.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???


I still can’t figure out his play. He’s certainly acting like someone who will bankrupt the company - not paying rent, not paying legally required severance, not paying vendors, auctioning the furniture, etc. I doubt Twitter is making its tax payments. It’s as if he’s hoarding the company cash and trying to force the creditors to deal with a bankruptcy court to get paid.

I still can’t figure out the end game.


Trying to make them accept pennies on the dollar is a time honored tradition. Real estate investment trusts aren’t as susceptible to extortion. And California regulators are pretty serious about its labor and tax laws. There’s a good reason the Twitter legal team is gone. Musk cannot stand being told “you can’t do that.”


I wonder if he wants to be shut down by the government so that he has someone to blame. Twitter with the level of debt he saddled it with was always a very iffy proposition. After the first week of layoffs and his personal trolling led to advertisers fleeing, making the debt payments became a pipe dream. Now he's going to be dealing with violations of California labor law, a violation of the FTC's consent decree, and utter inability to comply with GDPR requests or or California CCPA requests, not to mention European labor law violations.

The FTC may not like how he’s limiting any links to Mastodon.
Anonymous
This is who he is. A manipulative liar and fraud. Nobody doxxed him. Public information about his jet is not real-time tracking of his location. The car incident was at a gas station in South Pasadena, not near the jet or the airport and a day or more after the last flight of his jet. He flies from the Bay area to Austin to LA, where his business HQs are and where is ex and kid live. No one would need ElonJet to find him. He himself posts that he is at Twitter or at Tesla. The journalists he banned had reported or commented about the ElonJet suspension, with a link to the suspended account, and he ridiculously is claiming that posting the link is doxxing.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Where are all the right wingers to criticize elons egregious suppression of free speech?


Twitter is a private company. They can do what they want.

Those are the rules, right?



This is so, so accurate lol
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???


I still can’t figure out his play. He’s certainly acting like someone who will bankrupt the company - not paying rent, not paying legally required severance, not paying vendors, auctioning the furniture, etc. I doubt Twitter is making its tax payments. It’s as if he’s hoarding the company cash and trying to force the creditors to deal with a bankruptcy court to get paid.

I still can’t figure out the end game.


In all seriousness, this feels like someone with unmanaged bipolar disorder who is in a severe manic phase.

I think he’s always had teams managing him and his poor decisions and he had enough money to not have that at Twitter, too. This has been a months long process of absolute stupidity. Granted, I only know well one bipolar person but her cycles were a lot faster.


That's not how startups work. You sound like the opposite of a fanboi, someone who irrationally and illogically hates someone.


His family owned an f’ing diamond mine. He didn’t pull himself up by his bootstraps.
Anonymous
Anonymous
jsteele wrote:Last night a bunch of journalists — including at least one whose account was suspended (taking advantage of a bug in the code) — had a Twitter Spaces discussion. Musk joined the discussion and got pushback on the suspensions. He then left the discussion and killed the entire thing.


He has nuked Twitter Spaces entirely https://gizmodo.com/elon-musk-kills-twitter-audio-feature-after-bizarre-tal-1849902405
Anonymous
Anonymous wrote:
jsteele wrote:Last night a bunch of journalists — including at least one whose account was suspended (taking advantage of a bug in the code) — had a Twitter Spaces discussion. Musk joined the discussion and got pushback on the suspensions. He then left the discussion and killed the entire thing.


He has nuked Twitter Spaces entirely https://gizmodo.com/elon-musk-kills-twitter-audio-feature-after-bizarre-tal-1849902405


Problem solved.

lol

More seriously, I have no idea what he's doing or trying to do. Is he trying to kill the company in order to ... solve the debt problem? Is he just wandering around bopping anything that pops up, playing Twitter whack-a-mole without any purpose?
Anonymous
Before his suspension supposedly for “doxxing”, Drew Harwell wrote this article:

QAnon, adrift after Trump’s defeat, finds new life in Elon Musk’s Twitter
Among some QAnon devotees, Musk has become a figure of prophecy on par with Donald Trump
https://www.washingtonpost.com/technology/2022/12/14/qanon-musk-revival-twitter/

Twitter owner Elon Musk’s boosting of far-right memes and grievances has injected new energy into the jumbled set of conspiracy theories known as QAnon, a fringe movement that Twitter and other social networks once banned as too extreme.
Anonymous
I mean, he can do as he pleases on Twitter, it's his company. There's no 1A issue. But considering his bleating about free speech this is LOLtastic. Also, clearly he is not as smart or savvy as I thought he was a few years ago. Far from it.
Anonymous
Anonymous wrote:I mean, he can do as he pleases on Twitter, it's his company. There's no 1A issue. But considering his bleating about free speech this is LOLtastic. Also, clearly he is not as smart or savvy as I thought he was a few years ago. Far from it.


I'm sure Twitter's creditors are getting a little upset. I can't imagine that they are generating any revenue at this point
Anonymous
When was the last time Musk wrote a line of code? Probably not since the late 90s. He's not working on any "tech," he merely is a whip cracker. I doubt he even "works" all that much. He sits in meetings occasionally to get updates (most likely distracted by his phone) and then posts on social media at all wild hours (and likely from the toilet).

Remind you of anyone you know?

I'm just shocked that he fooled his lenders for so long. The man is dangerous to balance sheets.
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