Musk’s repeated outbursts against advertisers have dried up the main source of revenue for the loss-making company formerly known as Twitter. A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped. At some point, he will have to provide a fresh infusion of cash to salvage his $44 billion takeover.
I believe the appropriate thing to say to Elon here is, “go fuck yourself.”
Let me be very clear 👌go fuck yourself 👌
Let me say it in Italian American
gestures wildly with hands with each word
“Why dont yos go fuck yoself, motha-fucka!”
Interesting 🤔
I nominate Steven Ogg for the task.
Too slow, gotta use Smokin’ Joe
💩
Free market capitalism will say to let it fail.
Big if true.
BIG
*if true
if (mode(FREE_MARKET_CAPITALISM) == TRUE) { big(); }This guy ifs.
Maybe, or they else.
Why not both?
You don’t need
" == True"except if it’s the name of a variable that’s not boolean, in which case it wouldn’t make sense to name it “True”.-1
You do realize this is a joke, right? That this is not a programming community, so a little clarity of said joke may be beneficial?
Sometimes it’s better to go with the flow, and not overthink things. 😊
I know I’m just a big nerd 😆
You do realize that was a joke?
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Oh that’s okay they’ll make an exception for him. He’s too rich.
Free market only matters when adhering to it fucks consumers.
HATERS will say it’s fake
If he sells enough Tesla stock, he may save both companies!
Under rated comment
Except I’m not sure what he is planning will save Twitter
Agreed, I just cant tell if extreme ineptitude for a tech bro ceo or intentional.
I have to give Musk credit. At least he help narrow my car buying decision to know at least one brand that I’ll never buy.
Stop buying Teslas! Many other great or better EV choices out there.
Are there? Last I’d heard other options either didn’t have infrastructure to charge vehicles on long trips and / or took too long to charge.
I really haven’t looked into this so please just take this as a genuine question, and if you do have suggestions on other EVs I’d be curious what they are even though I’m not really in the market for one right now.
I’ve no complaints about the 2020 Ioniq. Road trips we’ve taken have all had more than adequate chargers, but contextually this is Vancouver Island/Lower Mainland/Gulf islands and they government definitely had a hard-on to put in as much as they could a few years ago, so finally ownership density is starting to catch up a tad now, but new chargers seem to appear all the time.
Nothing beats just being able to charge at home though.
Last I’d heard other options either didn’t have infrastructure to charge vehicles on long trips
Literally isn’t an issue going forward. Other EVs can use Tesla chargers.
“Going forward” is actually “not quite yet” for most non-Te sla manufacturers, unfortunately.
You can still use Tesla superchargers with other cars, you just need an adapter.
Most major brands are going use the Tesla plug from 2025 onward in North America.
A lot of the stations have the MagicDock adapters now too, so you don’t even need to bring one.
We have been waiting for our free MachE adapter now for …checks email… 5 months. Apparently we’ll have it by September 2024.
I knew they did a trial run of it somewhere in like Norway or Scandinavia or something but didn’t know it went anywhere. Good to know that there are better options
He’ll probably just get tesla shareholders to gift him the money. They’ve shown they’ll sign off on pretty much anything he asks for.
That’s because he installed his family and sycophants into the board at Tesla. They were literally put there to vote for whatever he wants. The shareholders approved the board appointees, and now they’re completely fucked unless someone calls for a full replacement of the board of executives at Tesla.
It’s his company, for better (unlikely) or worse (very likely).
Edit, for reference.
His brother is literally one of the board members.
“A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped.”
Gotta love it. He told advertisers to fuck off, they fucked off, now he’s even more mad at them.
I really wanna spite my face… maybe I’ll cut off my nose…
Why is this news…
Some rich guy might do something that doesn’t really change anything for anyone.
Because it will affect Tesla’s share price (negatively), just like it did last time, and Fortune’s job is to report on things that affect share prices.
There is also a public interest element, because Musk is currently the richest man on earth - which affords him massively undue power and influence - but he won’t be if he manages to crash the Tesla stock price with a massive sell-off.
Tesla is exceedingly overvalued right now which makes it a very volatile stock. We already saw the price crater the last time he sold stock to keep Twitter afloat, and it only really recovered when he pinkie swore not to do it again.
Not to mention that if he sells enough Tesla shares he could lose majority control of it. If that happens and enough shareholders band together they could force all the Elon sycophants off of the board of directors, then the new board could force him out as CEO.
I understand the aversion to Musk coming out as a horrible human being, but Tesla is still pivotal to the EV industry. Or maybe we get a twisted view of reality in the US, but most EVs sold are still Teslas and teslas are arguably the cheapest, most compelling EVs available for sale.
- Legacy manufacturers have always resisted the newer technology, and when they finally invested the money, took the first opportunity to step back away from them.
- Rivian and Lucid have exciting technology and styling, and the opportunity to take the lead with compelling EV but are still too young. Neither have yet released a car that they can sell in volume. Remember all the stories of Tesla almost going bankrupt trying to scale up the model 3? They still need to get past that.
- GM seemed to have a lot of promise but took a few years off from EVs, and really flubbed the new releases, so are returning their focus to ICE vehicles
- Ford had a great strategy but too much dealer resistance and profiteering. No one is buying a car that starts off much more expensive than comparable models, has huge dealer markup, and salesmen steering yu away. They’re a good argument for Tesla’s approach of selling direct
- does vw sell any EVs in the US? Technically I guess there are Porsche and Audi EVs, for the well off.
- Toyota and Subaru compliance models aren’t even a blip
Is Hyundai/Kia our only hope if Tesla has problems? They’re coming in strong with relatively inexpensive and compelling models, but somehow always fly under the radar. For anyone understanding the importance of the technology shift from ICE to EV, we need Tesla
I think this is a culture difference. In Canada Hyundai and Kia are everywhere (at least around the GTA). Probably a third of the cars I regularly see on the street. Definitely not flying under the radar.
Profits stolen by Musk, that do not get reinvested into Tesla, are wasted for unnecessary and or harmful labour time and infrastructure (political advertising etc). Tesla workers produced those profits and now the products of their life-time gets wasted by decision makers like Musk Tesla workers have little power over.
Potential Tesla stock price crash aside - if he sells enough stock, the company will be less associated with him and people on the left (you know, people who actually WANT EVs and not coal rollin’ pickup trucks) would be more likely to buy Teslas again. Because to be fair, they do make some damn awesome powertrains (and attach an aerodynamic smart fridge to it unfortunately, but eh, you can’t have everything all at once, now can you)
Twitter used to be very widely used.
Tesla, at least in the US is by far the biggest EV manufacturer
They’re both a pretty big deal and he’s well on his way to wrecking one: we hope it’s not both
Let both burn
The problem with Tesla really is Elon.
If he sells his majority stake, I suspect it would be a lot better.
The biggest reason against buying them is him. They also make more than cars (their powerwalls seem alright).
If X fails though, I suspect all those bigots will flood over to here (Facebook and X seem to be distracting them for now).
Let them have their nazi prison. Just make it not profitable
Personally I’d be wary of putting a giant brick of lithium in my house, especially from a company with the questionable quality control of Tesla.
I agree partially, but in practice, the LFP batteries should be fine (I would never trust the PowerWall 2).
Unfortunately, been looking at other alternatives, and there don’t seem to be many seamless home batteries that cut in instantly in the event of a power outage (like an online UPS) either.
The reality is though, I expect Tesla to lose this market anyway (they only just introduced the PowerWall 3 in AU… Even cheap chinese manufacturers have been using LFP for a while)
The people who aren’t buying Teslas because they hate Musk aren’t gonna change their mind because he sold some stock. The company is tainted forever.
They won’t a tiny amount… But controlling share they might.
I can’t afford a Tesla. However, my biggest concern is that musk will half arse firmware or sabotage the company somehow.
If he doesn’t have controlling share, that’s a win and I suspect quality control will likely improve too
I’m not so sure. The overlap between “people who would like a high end EV” and “people who won’t buy something associated with Musk” has to be pretty big. I imagine if Musk’s roll was reduced the Board would have to put some work in to rebuild their brand, though - maybe by really focusing hard on quality control and longer-than-standard warranties for a few years, the way Royal Enfield did to shake off their own reputation for shoddy workmanship and cheap parts. Then they could let “the Musk years” fade into history and retake their reputation as the Premuim American EV.
Having worked with Tesla I can tell you not all their problems would leave with Elon, but it would certainly be a great start.
From my understanding he overworks people. Is that correct?
Whats interesting is the NRA spent billions in TV propaganda running a news channel and that venture ended up bankrupting the whole organization. It looks like musk is falling in the same trap
He won’t. He bought the company using leverage so he wouldn’t have any personal financial investment in it.
My personal theory is that he bought it to destroy it to lash out at Grimes but, honestly, who the fuck even knows.
Or maybe he’ll just have to sell Twitter.
Or maybe Twitter’s debtors can place a lien and sell it right out from under him.
Kinda curious about what if Twitter were nationalized…? Like, make it a service of the USPS or something? Force it to become accountable to its users?
The only issue with nationalizing it is that it will be probably even worse for moderation than under Elon. Private enterprises currently enjoy protection for moderation decisions. If it were nationalized any moderator action would run up against the First Amendment directly. Elon could ban Nazis (he doesn’t but he could). A government controlled entity cannot.
Well they sure couldn’t break it any worse than Elon did.
Do you want your taxes to be spent on Xitter development and support?
Arguably, it’s used as national communications infrastructure so, yeah, I would want taxes to be used for developing and maintaining it. Same as any other national infrastructure.
First things first: let your taxes fix the healthcare system.
Mediocre and out of fashion Xitter doesn’t really seem to be an important part of national wellbeing.deleted by creator
Trump wins and then appoints Elon to head of Twitter. That sounds worse.
Big if true
I don’t understand how you can sue a company that doesn’t want to advertise on your platform
You can sue anyone for anything. It’s just a matter of how long you fight it before it gets thrown out.
Apparently, in this case it didn’t take long.
Aww, poor rich asshole.
