Musk has overstepped in area of expertiese... and Stock Holders are very well aware of that fact.

[Helix]

Not a chance. However I do support free speech and that seems to scare the hell out of the left.

There is no first amendment right to post on Twitter. One agrees to terms of service, and then one can post unless he or she is too much of an idiot to honor the ToS. I'm getting bored explaining this again and again.

 

[KLATTU]

I wonder if more right wingers will want electric cars now that he has restored a few prominent right wing fools to Twitterability.

Not that you ever think beyond vacuous cliches, but I know plenty of conservatives who drive Tesla's. They don't do it to virtue signal, they do it because they are great cars. The problem is -they cost a lot.
I'm not sure the cost of a Tesla will ever come down much because he may want to stay in the high end market ( like Mercedes).
He has no doubt revolutionized the electric car industry, opening the door for other companies to get in with lower cost option.

 

[Helix]

Not that you ever think beyond vacuous cliches, but I know plenty of conservatives who drive Tesla's. They don't do it to virtue signal, they do it because they are great cars. The problem is -they cost a lot.
I'm not sure the cost of a Tesla will ever come down much because he may want to stay in the high end market ( like Mercedes).
He has no doubt revolutionized the electric car industry, opening the door for other companies to get in with lower cost option.

I'm for electric cars. I'll probably get one someday if I can afford it.

 

[RealityNow]

There is no first amendment right to post on Twitter. One agrees to terms of service, and then one can post unless he or she is too much of an idiot to honor the ToS. I'm getting bored explaining this again and again.

The people who don't understand that... Are people who want to say stuff that they know they should not say, and spread bias and bigoted stuff they know they should not and promote an agenda that does not respect the universal respect of All Americans as citizens, and those who want to attack the government, and talk crap about the government, as if they live on an independent non governed island; but they want all the benefits that the Government of America provides. The average person who criticizes the government, won't learn anything about how it work and what it takes to change regulation and laws.

 

[RealityNow]

Musk is trying his visions.... we don't know how this will pan out, but he is spending money to chase his dreams... many have done so before, and he has done some things that are astounding. I don't know how trying to control "media by social interaction platform" will work out... but ... we will find out.

To date... no one has gained means to control the public minds to the level he may want.

X/Twitter: number of users worldwide 2024 | Statista

X/Twitter's global user base has experienced fluctuations in recent years, with a projected decrease anticipated in 2024.

www.statista.com

Remember: its over 7 Billion people on the planet.

Maybe people should read:

Henry Ford built 'Fordlandia,' a utopian city inside Brazil's Amazon rainforest that's now abandoned — take a look around​

Musk is trying his visions.... we don't know how this will pan out, but he is spending money to chase his dreams... many have done so before, and he has done some things that are astounding. I don't know how trying to control "media by social interaction platform" will work out... but ... we will find out.

To date... no one has gained means to control the public minds to the level he may want.

X/Twitter: number of users worldwide 2024 | Statista

X/Twitter's global user base has experienced fluctuations in recent years, with a projected decrease anticipated in 2024.

www.statista.com

Remember: its over 7 Billion people on the planet.

Maybe people should read:
Henry Ford, in his day was extremely wealthy... when considering what money could buy back then, and he had created the means to make everything he needed to produce cars.

It might help people realize... No Man has ever created a Utopia... !! and Henry Ford spent a Fortune trying to create one.

Henry Ford's 'Fordlandia,' a utopian city inside Brazil's Amazon rainforest.​

 

[PIPEWRENCH]

There is no first amendment right to post on Twitter. One agrees to terms of service, and then one can post unless he or she is too much of an idiot to honor the ToS. I'm getting bored explaining this again and again.

I happy to see Musk taking over Twitter. Twitter needs a good house cleaning. Hopefully his first step is to kick government out of the situation and let people speak their opinion. We can decide what we will believe.

 

[Helix]

I happy to see Musk taking over Twitter. Twitter needs a good house cleaning. Hopefully his first step is to kick government out of the situation and let people speak their opinion. We can decide what we will believe.

The government didn't ban Tweety from Twitter.

 

[Common Sense 1]

Musk has overstepped his area of expertiese... and Stock Holders are very well aware of that fact and they are imposing consequences!!!!.

quote

Tesla shares sink, wipe out over $125 billion in value, as Musk scores Twitter deal​

When Musk announced he had secured the money to finance the transaction, he said he would cover $21 billion himself, with banks helping finance the other half.

What remains unclear is how he will come up with that money — whether he will sell some of the Tesla shares he owns, borrow against them, bring in additional investors, or all three.

There is also growing concern about whether owning Twitter would bring him into conflict over free speech with the government in China, a key market for Tesla where the auto maker also has significant production.

On top of that, there is the risk Musk could become distracted by his latest acquisition.
If Musk does offload some of those holdings, it could drive Tesla's share price down further. This is something the company warned investors about in its latest annual report, filed in February with the U.S. Securities and Exchange Commission.

"If Elon Musk were forced to sell shares of our common stock that he has pledged to secure certain personal loan obligations, such shares could cause our stock price to decline," the company wrote.

It also could result in a hefty tax bill for Musk himself, who sold billions of dollars worth of Tesla shares last year. sending them sharply lower, as he engaged in heated back-and-forth with Democratic lawmakers about how billionaires should be taxed.
end quote

People often let money make them think they can do anything, without consequences. Loss of a $125 Billion is a Big Consequence!!!!

Musk thinks he can talk crap to anyone including the government, he talked crap to California and moved to Texas, before long he is going to find out his "temper tandrums and follow up temper actions, will continue to be costly.

He's done some intersting things, but he has to come to understand he is not "Master of The World"...

Titans of the late 1800 and early 1900's found that out the hard way. We've seen all to often what wealth and arrogance will do, It has cause many tremendously over the span of history.

Musk will be just fine. Wait and see!

 

[PIPEWRENCH]

The government didn't ban Tweety from Twitter.

I don't care about Trump. I am talking about our media being platforms of the government. Just like Obama using our IRS to attack the tea party. This nonsense needs to end.

 

[Helix]

I don't care about Trump. I am talking about our media being platforms of the government. Just like Obama using our IRS to attack the tea party. This nonsense needs to end.

Twitter is not a platform of the government. People got banned from Twitter because they didn't care about the ToS. Tweety was able to start his own lousy site with no opposition from government.

 

[reflechissez]

I happy to see Musk taking over Twitter. Twitter needs a good house cleaning. Hopefully his first step is to kick government out of the situation and let people speak their opinion. We can decide what we will believe.

No doubt about that.

 

[Integrityrespec]

Musk has overstepped his area of expertiese... and Stock Holders are very well aware of that fact and they are imposing consequences!!!!.

quote

Tesla shares sink, wipe out over $125 billion in value, as Musk scores Twitter deal​

When Musk announced he had secured the money to finance the transaction, he said he would cover $21 billion himself, with banks helping finance the other half.

What remains unclear is how he will come up with that money — whether he will sell some of the Tesla shares he owns, borrow against them, bring in additional investors, or all three.

There is also growing concern about whether owning Twitter would bring him into conflict over free speech with the government in China, a key market for Tesla where the auto maker also has significant production.

On top of that, there is the risk Musk could become distracted by his latest acquisition.
If Musk does offload some of those holdings, it could drive Tesla's share price down further. This is something the company warned investors about in its latest annual report, filed in February with the U.S. Securities and Exchange Commission.

"If Elon Musk were forced to sell shares of our common stock that he has pledged to secure certain personal loan obligations, such shares could cause our stock price to decline," the company wrote.

It also could result in a hefty tax bill for Musk himself, who sold billions of dollars worth of Tesla shares last year. sending them sharply lower, as he engaged in heated back-and-forth with Democratic lawmakers about how billionaires should be taxed.
end quote

People often let money make them think they can do anything, without consequences. Loss of a $125 Billion is a Big Consequence!!!!

Musk thinks he can talk crap to anyone including the government, he talked crap to California and moved to Texas, before long he is going to find out his "temper tandrums and follow up temper actions, will continue to be costly.

He's done some intersting things, but he has to come to understand he is not "Master of The World"...

Titans of the late 1800 and early 1900's found that out the hard way. We've seen all to often what wealth and arrogance will do, It has cause many tremendously over the span of history.

I think Musk has the assests, and I imagine he knows a bit about making money. Liberals are just upset that it looks like they will not control twitter and it's content any more.

 

[Integrityrespec]

Twitter is not a platform of the government. People got banned from Twitter because they didn't care about the ToS. Tweety was able to start his own lousy site with no opposition from government.

People got banned because liberals didn't like want they said.

 

[Helix]

People got banned because liberals didn't like want they said.

I'm sure that you'll find many people who like incorrect statements like this on truth if they ever get the site going.

 

[diz]

Musk has overstepped his area of expertiese... and Stock Holders are very well aware of that fact and they are imposing consequences!!!!.

quote

Tesla shares sink, wipe out over $125 billion in value, as Musk scores Twitter deal​

When Musk announced he had secured the money to finance the transaction, he said he would cover $21 billion himself, with banks helping finance the other half.

What remains unclear is how he will come up with that money — whether he will sell some of the Tesla shares he owns, borrow against them, bring in additional investors, or all three.

There is also growing concern about whether owning Twitter would bring him into conflict over free speech with the government in China, a key market for Tesla where the auto maker also has significant production.

On top of that, there is the risk Musk could become distracted by his latest acquisition.
If Musk does offload some of those holdings, it could drive Tesla's share price down further. This is something the company warned investors about in its latest annual report, filed in February with the U.S. Securities and Exchange Commission.

"If Elon Musk were forced to sell shares of our common stock that he has pledged to secure certain personal loan obligations, such shares could cause our stock price to decline," the company wrote.

It also could result in a hefty tax bill for Musk himself, who sold billions of dollars worth of Tesla shares last year. sending them sharply lower, as he engaged in heated back-and-forth with Democratic lawmakers about how billionaires should be taxed.
end quote

People often let money make them think they can do anything, without consequences. Loss of a $125 Billion is a Big Consequence!!!!

Musk thinks he can talk crap to anyone including the government, he talked crap to California and moved to Texas, before long he is going to find out his "temper tandrums and follow up temper actions, will continue to be costly.

He's done some intersting things, but he has to come to understand he is not "Master of The World"...

Titans of the late 1800 and early 1900's found that out the hard way. We've seen all to often what wealth and arrogance will do, It has cause many tremendously over the span of history.

So what you’re saying is Musk is such a good business leader that him paying less attention to and owning less of a company causes it to lose value?

Not sure that’s it.

I’d suggest maybe the reason Tesla went down is just the sort of stock/car that anti-free speech elitist leftists favor and they are dumping the stock and/or other investors expect them to sell fewer cars to anti-free speech leftist elites because anti-free speech leftists elites tend to be very tribal in their decision-making.

Musk probably understands this is a potential consequence of his actions and has either decided it’s a) not that big of a risk or b) he has too much money to give a frip.

 

[Hamish Howl]

Not a chance. However I do support free speech and that seems to scare the hell out of the left.

Except, of course, in Florida?

 

[Hamish Howl]

I’d suggest maybe the reason Tesla went down is just the sort of stock/car that anti-free speech elitist leftists favor and they are dumping the stock and/or other investors expect them to sell fewer cars to anti-free speech leftist elites because anti-free speech leftists elites tend to be very tribal in their decision-making.

This doesn't at all sound like febrile ranting.

 

[Deuce]

Listen, I'm the first to point out that Musk is a giant idiot, but Tesla's actual financial situation is not really different than it was a week ago. Proof yet again that the stock market is basically a casino but instead of chance we have "how rich people feel" determining the outcome.

 

[Deuce]

There is no first amendment right to post on Twitter. One agrees to terms of service, and then one can post unless he or she is too much of an idiot to honor the ToS. I'm getting bored explaining this again and again.

It's deflection. They think repeatedly portraying this as a "free speech" will hide their book burning and book banning. Right wingers aren't anti-censorship, they just want to be the ones doing the censoring.

 

[phoenix2020]

So what you’re saying is Musk is such a good business leader that him paying less attention to and owning less of a company causes it to lose value?

Not sure that’s it.

I’d suggest maybe the reason Tesla went down is just the sort of stock/car that anti-free speech elitist leftists favor and they are dumping the stock and/or other investors expect them to sell fewer cars to anti-free speech leftist elites because anti-free speech leftists elites tend to be very tribal in their decision-making.

Musk probably understands this is a potential consequence of his actions and has either decided it’s a) not that big of a risk or b) he has too much money to give a frip.

I thought I explained fairly clearly what's happening.

1. Musk is well known as a very hands-on CEO. I've personally worked closely with a number of people who directly reported to him at Tesla who've told me this. Anyone in the field who lives in the Bay Area knows this to be the case; he closely drives Tesla's roadmap and the common joke at Tesla (often told somewhat sadly...) is that engineers learn about the next new product or feature when Musk tweets about it.

2. Musk absolutely has been distracted in the last 1-2 years during a time where Tesla's market cap has run up to a level multiple times that of most conventional OEMs combined.

3. During this same run-up, Tesla has failed to make good on multiple launch commitments, whilst its competition is releasing increasingly competent, differentiating and interesting alternatives.

4. During this same run-up, much of Tesla's senior leadership from its cash-cow engineering successes, the Model 3 and Model Y, have cashed out and left the company.

So yeah, TSLA with its P/E being absolutely sky high largely on the basis of market sentiment about his hands-on leadership... while Musk is increasingly spending his time on free speech adventures, picking fights with the SEC, dealing with public innuendo about everything from Grimes dumping him to Heard using him as a rebound boy, talking about robots being his next product before dropping that like a hot potato to sell Tesla stock to acquire a money-losing third-rate social media company... hey, he's a free man who can do what he wants, and in the same vein investors are free to start valuing Tesla less like a $1T tech giant and more like a $50B Ford or VW with twice the margin but 1/10th the revenue.

 

[Surrealistik]

I thought I explained fairly clearly what's happening.

1. Musk is well known as a very hands-on CEO. I've personally worked closely with a number of people who directly reported to him at Tesla who've told me this. Anyone in the field who lives in the Bay Area knows this to be the case; he closely drives Tesla's roadmap and the common joke at Tesla (often told somewhat sadly...) is that engineers learn about the next new product or feature when Musk tweets about it.

2. Musk absolutely has been distracted in the last 1-2 years during a time where Tesla's market cap has run up to a level multiple times that of most conventional OEMs combined.

3. During this same run-up, Tesla has failed to make good on multiple launch commitments, whilst its competition is releasing increasingly competent, differentiating and interesting alternatives.

4. During this same run-up, much of Tesla's senior leadership from its cash-cow engineering successes, the Model 3 and Model Y, have cashed out and left the company.

So yeah, TSLA with its P/E being absolutely sky high largely on the basis of market sentiment about his hands-on leadership... while Musk is increasingly spending his time on free speech adventures, picking fights with the SEC, dealing with public innuendo about everything from Grimes dumping him to Heard using him as a rebound boy, talking about robots being his next product before dropping that like a hot potato to sell Tesla stock to acquire a money-losing third-rate social media company... hey, he's a free man who can do what he wants, and in the same vein investors are free to start valuing Tesla less like a $1T tech giant and more like a $50B Ford or VW with twice the margin but 1/10th the revenue.

As well they should.

Tesla has got to be one of the most overhyped companies of all time.

 

[Michael Cole]

This doesn't at all sound like febrile ranting.

No, it doesn't. I imagine that's about what it feels like, though.

 

[diz]

It's deflection. They think repeatedly portraying this as a "free speech" will hide their book burning and book banning. Right wingers aren't anti-censorship, they just want to be the ones doing the censoring.

Seriously, if you want to sound like you’re pro free speech stop defending censorship. And stop making “they do it too” arguments. Criticize both sides when they censor.

It’s not that complicated.

One thing Musk has done is expose the zeal the left has for censorship. I think that was his intent. If they didn’t care so much about controlling speech they wouldn’t give a crap about him buying twitter.

 

[RealityNow]

I think Musk has the assests, and I imagine he knows a bit about making money. Liberals are just upset that it looks like they will not control twitter and it's content any more.

Geez... Liberal NEVER tried to control Twitter.... It was and is AMERICAN PEOPLE WHO RESPECT AMERICAN DEMOCRACY who don't want to hear the "Lying Crap Trumpers Push and Promote, and don't want to hear these constant attack on society by Right Wingers".

 

[RealityNow]

So what you’re saying is Musk is such a good business leader that him paying less attention to and owning less of a company causes it to lose value?

Not sure that’s it.

I’d suggest maybe the reason Tesla went down is just the sort of stock/car that anti-free speech elitist leftists favor and they are dumping the stock and/or other investors expect them to sell fewer cars to anti-free speech leftist elites because anti-free speech leftists elites tend to be very tribal in their decision-making.

Musk probably understands this is a potential consequence of his actions and has either decided it’s a) not that big of a risk or b) he has too much money to give a frip.

you can say what ever you want... it still lost $125 Billion... if you got questions, its best you ask the investors... I posted what the linked article had to say.

In case it has not dawned in awareness, the various institutional investors who lost money, "guess who's money that was".. it was "citizen's money"... that what Institutional investors gamble with. Any Pension Funds that lost money in that decline, "that too was "Citizen's Money"... If you think its easy to make up $125 Billion.... everyone would have it... I don't think you grasp how much $125 Billion is.

Consider this: $1 billion = $1000 million x 125 = $125,000,000,000.