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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's been 12 hours since Elon last tweeted.

His poll closed hours ago.  Surely he has been apprised of the results.  Vox populi.  The people said he should step down.

Every hour that passes without response shows he's having a hard time with cope...[/quote]

15 hours...[/quote]

I’ll help you out here.  He’s a liar.  He will not be resigning.[/quote]
Not that PP but I figure he wanted to resign anyway and that’s why he put out the poll.[/quote]

His plan all along was to hire a CEO, this changed nothing. He still controls it and will make all the big decisions. Probably good PR to make it look like someone else is in charge, trying to limit the damage to the Tesla brand which has taken a nosedive.[/quote]

True, as the largest stockholder he’ll always be the puppet master. Although as long as he continue to sell Tesla stock to prop up Twitter, Tesla will continue to tank. [/quote]

He’s created the perfect storm - as he tries to prop up a failing Twitter by selling/pledging more TSLA shares, he ends up bringing down TSLA. It’s a downward spiral for both companies.

The banks can’t sell the junk debt they issued to Musk to buy Twitter. My guess is that Musk installs a caretaker puppet CEO by Jan 1 so the banks can start selling some of the debt to currently nervous investors. If Musk got a reasonable CEO, it would calm down debt investors. As of a month ago, banks can’t even get 60 cents on the dollar for primary placement of Twitter debt. It’s probably even worse now. A caretaker CEO would help get that debt sold. Musk could take over in twelve months once the debt is placed.

The guy is an idiot.[/quote]

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