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

[Anonymous]

jsteele wrote:This is really starting to feel like it is going to end with Musk barricaded in Twitter headquarters claiming that Martian invaders are trying eat his brain:

I won’t hold my breath.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I wonder if Twitter goes into bankruptcy after the markets close. Everything feels like we are getting closer and closer to a big collapse.

Binance is on the verge of blowing up, too. Grifters chickens are coming home to roost.

Fortunately Twitter is private now.

Tesla isn't...

And TSLA is currently down over 4% today. Probably not a coincidence.

Most people buying electric cars aren't his conservative friends. They're the liberals he hates. My current car is going to be my last ICE vehicle and I was considering a Tesla for my next car. Now after finding out just how bad he is, I will never buy one. Plenty of other companies sell them now. While I recognize that me saying that he lost a sale means less than nothing to him or his company, I definitely think his behavior is bad for Tesla.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I wonder if Twitter goes into bankruptcy after the markets close. Everything feels like we are getting closer and closer to a big collapse.

Binance is on the verge of blowing up, too. Grifters chickens are coming home to roost.

Fortunately Twitter is private now.

Tesla isn't...

And TSLA is currently down over 4% today. Probably not a coincidence.

Most people buying electric cars aren't his conservative friends. They're the liberals he hates. My current car is going to be my last ICE vehicle and I was considering a Tesla for my next car. Now after finding out just how bad he is, I will never buy one. Plenty of other companies sell them now. While I recognize that me saying that he lost a sale means less than nothing to him or his company, I definitely think his behavior is bad for Tesla.

Investors are also selling because Musk’s erratic behavior is raising questions about his ability to competently lead Tesla.

[Anonymous]

He’s going to make it impossible to report news on Twitter as it’s happening.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I wonder if Twitter goes into bankruptcy after the markets close. Everything feels like we are getting closer and closer to a big collapse.

Binance is on the verge of blowing up, too. Grifters chickens are coming home to roost.

Fortunately Twitter is private now.

Tesla isn't...

And TSLA is currently down over 4% today. Probably not a coincidence.

Most people buying electric cars aren't his conservative friends. They're the liberals he hates. My current car is going to be my last ICE vehicle and I was considering a Tesla for my next car. Now after finding out just how bad he is, I will never buy one. Plenty of other companies sell them now. While I recognize that me saying that he lost a sale means less than nothing to him or his company, I definitely think his behavior is bad for Tesla.

+1 I regret buying a Tesla model x and my next luxury car definitely won’t be from Tesla.

[Anonymous]

Elon is doing what he can to address wealth inequality by halving his own.

[Anonymous]

Anonymous wrote:Elon is doing what he can to address wealth inequality by halving his own.

is this the best way to accomplish that goal

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I wonder if Twitter goes into bankruptcy after the markets close. Everything feels like we are getting closer and closer to a big collapse.

Binance is on the verge of blowing up, too. Grifters chickens are coming home to roost.

Fortunately Twitter is private now.

Tesla isn't...

And TSLA is currently down over 4% today. Probably not a coincidence.

Most people buying electric cars aren't his conservative friends. They're the liberals he hates. My current car is going to be my last ICE vehicle and I was considering a Tesla for my next car. Now after finding out just how bad he is, I will never buy one. Plenty of other companies sell them now. While I recognize that me saying that he lost a sale means less than nothing to him or his company, I definitely think his behavior is bad for Tesla.

I was 100% going to buy a Tesla Model Y next year. Now I’m 100% not going to buy one. If 5-10-20% of likely buyers make the same decision then that is a huge loss for Tesla. I kind of love the electric Ford Mustang but was looking more for a SUV, have to see what is out there.

[Anonymous]

So what happens if Twitter keeps losing money?

I assume if it’s even 1B/yr loss he can float that for a long time. Or he can cut and go let it go bankrupt.

If it goes bankrupt, how much does Elon personally lose (what’s his stake)? Who ends up owning, controlling what remains (a bank I assume)?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I wonder if Twitter goes into bankruptcy after the markets close. Everything feels like we are getting closer and closer to a big collapse.

Binance is on the verge of blowing up, too. Grifters chickens are coming home to roost.

Fortunately Twitter is private now.

Tesla isn't...

And TSLA is currently down over 4% today. Probably not a coincidence.

Most people buying electric cars aren't his conservative friends. They're the liberals he hates. My current car is going to be my last ICE vehicle and I was considering a Tesla for my next car. Now after finding out just how bad he is, I will never buy one. Plenty of other companies sell them now. While I recognize that me saying that he lost a sale means less than nothing to him or his company, I definitely think his behavior is bad for Tesla.

I was 100% going to buy a Tesla Model Y next year. Now I’m 100% not going to buy one. If 5-10-20% of likely buyers make the same decision then that is a huge loss for Tesla. I kind of love the electric Ford Mustang but was looking more for a SUV, have to see what is out there.

I just saw that electric Mustang on the road (well, in a parking lot) today. It sure reads like an SUV. Apropos of this thread, the people who were driving it definitely read more like Tesla people than Ford drivers (as was the establishment). You have to wonder how many prospective Tesla customers have just picked another vehicle.

Hell, the Edison Motor company people got so tired of waiting for the Tesla semi that they just made their own. They started production this year.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I wonder if Twitter goes into bankruptcy after the markets close. Everything feels like we are getting closer and closer to a big collapse.

Binance is on the verge of blowing up, too. Grifters chickens are coming home to roost.

Fortunately Twitter is private now.

Tesla isn't...

And TSLA is currently down over 4% today. Probably not a coincidence.

Most people buying electric cars aren't his conservative friends. They're the liberals he hates. My current car is going to be my last ICE vehicle and I was considering a Tesla for my next car. Now after finding out just how bad he is, I will never buy one. Plenty of other companies sell them now. While I recognize that me saying that he lost a sale means less than nothing to him or his company, I definitely think his behavior is bad for Tesla.

I was 100% going to buy a Tesla Model Y next year. Now I’m 100% not going to buy one. If 5-10-20% of likely buyers make the same decision then that is a huge loss for Tesla. I kind of love the electric Ford Mustang but was looking more for a SUV, have to see what is out there.

I just saw that electric Mustang on the road (well, in a parking lot) today. It sure reads like an SUV. Apropos of this thread, the people who were driving it definitely read more like Tesla people than Ford drivers (as was the establishment). You have to wonder how many prospective Tesla customers have just picked another vehicle.

Hell, the Edison Motor company people got so tired of waiting for the Tesla semi that they just made their own. They started production this year.

+1
There are several electric Mustangs parked at my work garage and they definitely look like SUVS.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I wonder if Twitter goes into bankruptcy after the markets close. Everything feels like we are getting closer and closer to a big collapse.

Binance is on the verge of blowing up, too. Grifters chickens are coming home to roost.

Fortunately Twitter is private now.

Tesla isn't...

And TSLA is currently down over 4% today. Probably not a coincidence.

Most people buying electric cars aren't his conservative friends. They're the liberals he hates. My current car is going to be my last ICE vehicle and I was considering a Tesla for my next car. Now after finding out just how bad he is, I will never buy one. Plenty of other companies sell them now. While I recognize that me saying that he lost a sale means less than nothing to him or his company, I definitely think his behavior is bad for Tesla.

Investors are also selling because Musk’s erratic behavior is raising questions about his ability to competently lead Tesla.

+1 Tesla’s third largest shareholder, KoGuan Leo, an Indonesia investor who owns around $3.4 billion in Tesla stock, called for Musk to step aside.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I wonder if Twitter goes into bankruptcy after the markets close. Everything feels like we are getting closer and closer to a big collapse.

Binance is on the verge of blowing up, too. Grifters chickens are coming home to roost.

Fortunately Twitter is private now.

Tesla isn't...

And TSLA is currently down over 4% today. Probably not a coincidence.

Most people buying electric cars aren't his conservative friends. They're the liberals he hates. My current car is going to be my last ICE vehicle and I was considering a Tesla for my next car. Now after finding out just how bad he is, I will never buy one. Plenty of other companies sell them now. While I recognize that me saying that he lost a sale means less than nothing to him or his company, I definitely think his behavior is bad for Tesla.

Investors are also selling because Musk’s erratic behavior is raising questions about his ability to competently lead Tesla.

+1 Tesla’s third largest shareholder, KoGuan Leo, an Indonesia investor who owns around $3.4 billion in Tesla stock, called for Musk to step aside.

Link?

[Anonymous]

Anonymous wrote:So what happens if Twitter keeps losing money?

I assume if it’s even 1B/yr loss he can float that for a long time. Or he can cut and go let it go bankrupt.

If it goes bankrupt, how much does Elon personally lose (what’s his stake)? Who ends up owning, controlling what remains (a bank I assume)?

Morgan Stanley, BofA, Larry Ellison, and the Saudis
https://www.reuters.com/markets/us/how-will-elon-musk-pay-twitter-2022-10-07/

“Elon Musk's team is seeking new investors for Twitter as users revolt, advertisers flee, and debt payments loom” AT THE SAME INSANELY INFLATED PRICE HE PAID 🤪
https://www.semafor.com/article/12/16/2022/elon-musks-team-is-seeking-new-investors-for-twitter

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I wonder if Twitter goes into bankruptcy after the markets close. Everything feels like we are getting closer and closer to a big collapse.

Binance is on the verge of blowing up, too. Grifters chickens are coming home to roost.

Fortunately Twitter is private now.

Tesla isn't...

And TSLA is currently down over 4% today. Probably not a coincidence.

Most people buying electric cars aren't his conservative friends. They're the liberals he hates. My current car is going to be my last ICE vehicle and I was considering a Tesla for my next car. Now after finding out just how bad he is, I will never buy one. Plenty of other companies sell them now. While I recognize that me saying that he lost a sale means less than nothing to him or his company, I definitely think his behavior is bad for Tesla.

Investors are also selling because Musk’s erratic behavior is raising questions about his ability to competently lead Tesla.

+1 Tesla’s third largest shareholder, KoGuan Leo, an Indonesia investor who owns around $3.4 billion in Tesla stock, called for Musk to step aside.

Link?

https://finance.yahoo.com/news/tesla-no-working-ceo-stock-225039462.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAAS3g8z6z0Nh3EGAAfy6LFF_KIMErji1AbQbiEHynaWmnbVdpclF-VtXfFtku3J5Ic_vXmrm-wdOpKktx4ue5HJSE2zTLhxlLhnU6QraRfcLuApCfXrgU6JQwBLBjk-bd3hdMmS6dCBMbLax3RKz8f3r6lml1Bdzax9pU3FNn2rr