I don't think idiot is the right word, but like trump, Musk's business acumen is highly overrated.
Didn’t he get in trouble for manipulating his own stocks. I don’t remember the details.
I don't know if that is true but I am certain this is a ploy to find a way out.
Yet Musk jumped at the chance to buy it anyway......or did he?
Is this really a shock? And I'm not even trying to say that this is him backing our right now, only that it seems to me that he really did jump right in there without thinking or without true intention to buy, at least one of these being true.
Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts
The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.www.npr.org
If this is about "free speech" rather than money, why would he care which accounts are spam/bogus accounts, how many there are so long as it isn't a significant number? Especially since his plan could include paid accounts anyway.
I do think he will eventually back out of this deal, not go completely through with it. It certainly does seem to be about some form of stock manipulation rather than honestly trying to buy twitter. The other possibility is that this is about information manipulation, a form of blackmail of Twitter going into the midterms, should he take it to that point, that would allow him to leave this looming over their head so that they allow at least some info/people that they otherwise would not allow.
Yeah, it was bitcoin I was thinking of.
He tweeted about taking Tesla private, and then backed out of that. THe SEC then made a ruling he can't tweet about his company
Why can't it be about both?Is this really a shock? And I'm not even trying to say that this is him backing our right now, only that it seems to me that he really did jump right in there without thinking or without true intention to buy, at least one of these being true.
Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts
The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.
If this is about "free speech" rather than money, why would he care which accounts are spam/bogus accounts, how many there are so long as it isn't a significant number? Especially since his plan could include paid accounts anyway.
I do think he will eventually back out of this deal, not go completely through with it. It certainly does seem to be about some form of stock manipulation rather than honestly trying to buy twitter. The other possibility is that this is about information manipulation, a form of blackmail of Twitter going into the midterms, should he take it to that point, that would allow him to leave this looming over their head so that they allow at least some info/people that they otherwise would not allow.
If true, however, the chances are he's getting cold feet.
Nothing's wrong here. If he thought he was buy the platform with "X" # of users and he's finding out that they created >5% Fake/Bot usersIs this really a shock? And I'm not even trying to say that this is him backing our right now, only that it seems to me that he really did jump right in there without thinking or without true intention to buy, at least one of these being true.
Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts
The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.
If this is about "free speech" rather than money, why would he care which accounts are spam/bogus accounts, how many there are so long as it isn't a significant number? Especially since his plan could include paid accounts anyway.
I do think he will eventually back out of this deal, not go completely through with it. It certainly does seem to be about some form of stock manipulation rather than honestly trying to buy twitter. The other possibility is that this is about information manipulation, a form of blackmail of Twitter going into the midterms, should he take it to that point, that would allow him to leave this looming over their head so that they allow at least some info/people that they otherwise would not allow.
THat, and the Tesla stock took at 20% drop, which affected how much money he has on hand.
It would be a bad investment if it came out that Twitter was mostly bogus accounts. I have to wonder if exposing this was his intention all along and he just wanted to expose Twitter for the fraud it is.Is this really a shock? And I'm not even trying to say that this is him backing our right now, only that it seems to me that he really did jump right in there without thinking or without true intention to buy, at least one of these being true.
Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts
The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.
If this is about "free speech" rather than money, why would he care which accounts are spam/bogus accounts, how many there are so long as it isn't a significant number? Especially since his plan could include paid accounts anyway.
I do think he will eventually back out of this deal, not go completely through with it. It certainly does seem to be about some form of stock manipulation rather than honestly trying to buy twitter. The other possibility is that this is about information manipulation, a form of blackmail of Twitter going into the midterms, should he take it to that point, that would allow him to leave this looming over their head so that they allow at least some info/people that they otherwise would not allow.
Tesla stock was overpriced regardless and his wealth is linked to stocks. He has little cash on hand like most billionaires and is dependent on financing from banks and such... Something that many don't want to do because...it is Elon Musk and he is a brand risk for banks.
Half of Elons followers are bogus. More than half of Trump's were bogus as well. Hell some of my few followers are clearly fake.
Is this really a shock? And I'm not even trying to say that this is him backing our right now, only that it seems to me that he really did jump right in there without thinking or without true intention to buy, at least one of these being true.
Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts
The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.
If this is about "free speech" rather than money, why would he care which accounts are spam/bogus accounts, how many there are so long as it isn't a significant number? Especially since his plan could include paid accounts anyway.
I do think he will eventually back out of this deal, not go completely through with it. It certainly does seem to be about some form of stock manipulation rather than honestly trying to buy twitter. The other possibility is that this is about information manipulation, a form of blackmail of Twitter going into the midterms, should he take it to that point, that would allow him to leave this looming over their head so that they allow at least some info/people that they otherwise would not allow.
Chinese Tesla scandal?
Exactly..... it is similar to the Apple scandal going on in China at the moment. Guessing you have not heard about that one either.
What lie did Twitter tell? How do you know he even asked? The estimated percentage of fake accounts was in their annual report released in April. So they obviously had that number as their "guesstimate" much earlier. In his Tweet announcing the "hold" he referenced a statement by some analyst the week before repeating the 5% number. It seems to me if this number were so important to him he would have made inquiries himself or have had the lawyers doing "due diligence" look into the matter, not find out about it via annual reports and/or an analyst's statement.
Hey, if I were going to spend $40B+ with all of the crazy assed expectations that are going to come with it--he's supposed to "restore" free speech as we know it--I'd hesitate too.Is this really a shock? And I'm not even trying to say that this is him backing our right now, only that it seems to me that he really did jump right in there without thinking or without true intention to buy, at least one of these being true.
Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts
The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.
If this is about "free speech" rather than money, why would he care which accounts are spam/bogus accounts, how many there are so long as it isn't a significant number? Especially since his plan could include paid accounts anyway.
I do think he will eventually back out of this deal, not go completely through with it. It certainly does seem to be about some form of stock manipulation rather than honestly trying to buy twitter. The other possibility is that this is about information manipulation, a form of blackmail of Twitter going into the midterms, should he take it to that point, that would allow him to leave this looming over their head so that they allow at least some info/people that they otherwise would not allow.
Yeah that won't help with the stock prices.
The Dems are wringing their hands at the prospect that free speech will once again be chilled and they will have their third branch of government.....Marxist twentysomethings deleting conservative accounts because of "disinformation".Is this really a shock? And I'm not even trying to say that this is him backing our right now, only that it seems to me that he really did jump right in there without thinking or without true intention to buy, at least one of these being true.
Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts
The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.
If this is about "free speech" rather than money, why would he care which accounts are spam/bogus accounts, how many there are so long as it isn't a significant number? Especially since his plan could include paid accounts anyway.
I do think he will eventually back out of this deal, not go completely through with it. It certainly does seem to be about some form of stock manipulation rather than honestly trying to buy twitter. The other possibility is that this is about information manipulation, a form of blackmail of Twitter going into the midterms, should he take it to that point, that would allow him to leave this looming over their head so that they allow at least some info/people that they otherwise would not allow.
