• FuglyDuck@lemmy.world
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    1 year ago

    Turns out telling would-be clients to go fuck themselves is a great way to change their status firmly into the “not clients” catagory

  • Jat620DH27@lemmy.world
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    1 year ago

    Elon can make money through ads because he has collected loads of user data and know your interests. I’d be happy to see him take a hit in this regard. Why not use decentralized social media? They don’t collect any data and there won’t be any targeted ads.

  • JigglySackles@lemmy.world
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    1 year ago

    It’s fine. He thinks they can all go fuck themselves anyways. Giant ass fuckin manchild. I hate that him and bezos are going to be around for so much longer. It’s not like the geriatric fucks that are nearly dead anyways. Just a whole new generation of rich corrupt assholes.

    • DocMcStuffin@lemmy.world
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      1 year ago

      He leveraged his Tesla stock as collateral to buy Twitter. His antics haven’t just harmed Twitter but also Tesla. As the value of that stock drops the banks can force him to provide additional collateral or call in the loans. He would have to put up more stock or sell. Selling could create a spiral where the price continues to drop.

      As Jeremy Clarkson once said, “Oh no, anyway.”

      • Tobberone@lemm.ee
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        1 year ago

        So deciding to have Tesla leave the Nordics, some of the most EV dense countries, will not only hurt Tesla and give the competition an edge, it might actually cost him stock in spaceX? Is that the analysis here?

      • NotMyOldRedditName@lemmy.world
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        1 year ago

        He isn’t overly leveraged on twitter, and it might actually be 0 leverage. He was leveraged and then he sold a shit load of stock so he wouldn’t be and that’s a huge part of what crashed the stock price.

        The only part I’m unclear on is who’s responsible for the 1 billion loan twitter has, twitter, or him.

        But 1 billion isn’t of any concern to him, its too small an amount, and there’s spacex he can get funds from too if he needed it.

        Edit: what is likely to happen though is twitter fails and needs a huge cash infusion, and he sells nultiple billions more Tesla stock to prop it up, bringing the price down again.

    • yata@sh.itjust.works
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      1 year ago

      He is bringing back a very carefully selected group of banned people, people he thinks caters to the only specific core audience which remains on twitter: hateful right wing bigots.

    • lps2@lemmy.ml
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      1 year ago

      We’ll see how the Saudis feel about him pissing away their money. Gonna be taking that Tesla stock from him

    • Airazz@lemmy.world
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      1 year ago

      He doesn’t have money.

      Here’s a good comparison I’ve found: let’s say you have a company and issue one million shares. You sell just a single one for $1. Now “technically” you own $999,999 worth of shares, even though you actually have one dollar.

      His Tesla and SpaceX shares are worth a lot, but they’re not cash. If he started selling huge amounts, then the value would drop rapidly.

    • ABCDE@lemmy.world
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      1 year ago

      So why does he throw fits when he loses advertisers? A person who doesn’t care doesn’t comment on it and say “Fuck yourself” to Bob Iger and call for him to be sacked.