I've been saying this for a while now. If he were an average person, a loved one or friend would have probably tried to get him help, if not voluntarily, then as an intervention. He's a billionaire, and has clearly been unwell for a while, but the world just keeps egging him on to do more crazy shit.
It reminds me a little of the South Park pop star thing, where the world needs a "sacrifice" in terms of fame. We've now moved past pop, and now we're letting influencers (which, let's be frank, that's basically Musk's contribution to any of his businesses) dance for our enjoyment.
In theory, I think bad people deserve pity more than anything else, because something made them that way, and we don't get to choose our formative experiences. We are fundamentally still just animals responding to our environment.
But in practice, I have a finite amount of empathy, so I'll save it for people who aren't actively making the world a worse place.
First off, they didn't pay $44bn, that number includes a $13bn loan that Twitter took out to buy itself on behalf of the new owners. Musk paid ~$27 including fees, $20bn of this was Tesla stock (which since shortly after has been underperforming), then $5bn was other investors, including that Saudi Prince.
Edit: there was also Musk's existing shares, which iirc was around $2bn, but I think that's included in the $27bn - so his payment was something like $25bn, made up of $20bn in stock and $5bn in cash. /e
Musk is the majority owner, owning roughly around 26/31 of the value. However he isn't the only shareholder.
In any case the leveraged buyout has been structured with the intent of killing the business. There was never any sincere hope of paying off the $13bn debt, and the intent was all but proven when they almost immediately stopped paying rent on their offices. This might not have been the goal along, but since Musk was forced to make the purchase that's what it turned into.
Well, as dumb as this was (and it was very, very dumb), I found myself distracted by just how... weird he looked. Not just his face, which reminded me of Lady Cassandra from Dr Who ("Moisturize me, moisturize me!"), but his weird, jerky movements, and just his general vibe. He's like the personification of the uncanny valley. Eggar-from-MiB "get me sugar water" lookin' ass. If someone were to come out with a tell-all saying that Musk had been secretly replaced by aliens, I wouldn't even be terribly surprised at this point.
It's always fun to play is he weirdly out of touch because he's a billionaire or is he weirdly out of touch because he's autistic. I think this might be a bit of both.
Hand gestures don't come naturally to everybody. Some people learn them just to fit in and some try and evoke the same emotions from them without understanding the emotions or the motions completely because they're just not physically capable of connecting those brain synapses. Add to that the fact Elon doesn't hang out with normal people. He only hangs out with engineers and sycophants. So he doesn't get to naturally see people in their everyday environment. He only sees people acting in videos and then he tries to imitate that and the sycophants and engineers around him applaud him. The dumb shit he says gets retweets so he thinks everyone agrees. Then he goes out into the real world and continues parroting this end stage meming with gestures he learned from Hitler speaches, not realizing the jerky movement was due to low frame rate and high meth rate, and is stun locked when everybody else is trying to figure out what the fuck is happening. And what the fuck is happening is that we are witnessing a man who is so far up his own ass that even basic hand gestures are oddly shitty.
He claims to be autistic. As far as I know, there has never been a formal diagnosis. But he sure does like to use it to excuse the things he says and does.
People are also speculating drug use, and I personally wouldn't rule that out considering just how stressful his life currently is. Hell, I feel as though his hairline has receded a bunch (again) too.
I think it's likely that's it's a mixture of all three. Drug use (even some completely above-board prescriptions. I know that my ADHD prescription makes me act strangely when I'm low on sleep or over-caffeinated) would dull his ability to mask his other behavioral idiosyncrasies, which could originate with his placement on the spectrum and the fact that he's surrounded by sycophants. But who fucking knows.
Yeah, they seem to have problem understanding that businesses want to make money, and you make the most of it, if you preferably don't exclude any. They don't give damn about anything else.
Did someone actually watch the interview? He just looks like an overgrown kid trying to make others in the classroom laugh... That would have been funny if it was not pathetic...
“That is what everybody on Earth will know,” he said. “We’ll be gone, and it’ll be gone because of an advertiser boycott.”
Oh no, not at all, dear ... everybody on Earth is perfectly aware that it is YOU who is killing the company. Twisting the narrative to feel better within yourself ain't gonna change the fact. Why would any advertiser worth a damn, want to be associated with Stormfront 2.0?
hahaha holy shit, he believes. he really believes his own shit. he really views "X" as being of planetary importance. he's actually living in his daydream, where Mars (by his hand) and Earth are networked (by him) and his "X" has somehow supplanted the Internet and spans between planets. his principal operating perspective is a delusion. wow. like, all the time.
The book Red Rising was suppose to be fiction but fucking hell if people like Musk continue to hold the top of the economic and political power structures, that shit is gonna be reality.
It is hilarious to me how this guy thinks he is entitled to have advertisers on his platform. I don't understand why he thinks he can coerce them back with insults and claiming they will bankrupt his company. Why do they have any responsibility to save your rotten company? Delusional!
Typical conservative victim mentality. It can't be a result of his actions, no. It's not his fault the company is crashing and burning. It's those darn blackmailing advertisers!
In 7th grade, many years ago, my school had an excited young teacher who convinced management to let them teach a Logic class. I can’t even remember if the teacher was male or female, but I use the shit I learned in that class constantly, particularly the fallacies and biases we memorized (and then promptly weaponized against teachers, parents, and pastors).
When billionaires attribute their success entirely to their own virtues, skills, or talents, and blame others or external circumstances for their failings, they are demonstrating a self-serving bias, a specific form of the fundamental attribution error. They fail to acknowledge external factors like market conditions, socio-economic advantages, or the efforts of their teams that may have contributed to their success. Conversely, they externalize blame for failures, ignoring any personal shortcomings or misjudgments.
I hope the boards of Tesla and SpaceX are paying attention. Once Xitter goes down in flames, he'll be looking for the next project to micromanage into bankruptcy.
Twitters downfall is intentional, if he wanted to micromanage Tesla and SpaceX he would have. This is all a symptom of the fact that he didn't want to buy Twitter in the first place, he was using it as a coverup for selling stock in Tesla.
Both companies had teams of handlers that followed him around and kept him from messing with important work. Now that he's addicted to 24/7 media attention, I doubt the handlers will be able to contain him.
I don't understand why Tesla won't remove him. He isn't even the majority stock holder. I highly doubt he adds any value for the company at this point so the only thing I can think of is that there must be some weird clause in their agreements.
I've owned a Tesla since 2017 and at this point, I've only replaced tires and spent less than $1000 on electricity to go a bit over 50k miles, but I'm ashamed to be driving it every day and it sucks.
Skirting awfully close to a nazi boycott! Luckily the nazis will probably understand it was freeze peach. They know as no other what it means to disavow.
Musk is playing 3d checkers and saves free speech once again.
Cluster-B summed up perfectly. His platform will die because of “an advertiser boycott”, and not because he’s driving it into the ground while throwing middle fingers with both hands and ranting about how everyone else can go fuck themselves as the world burns around him.
Elon Musk took the stage at the DealBook conference on Wednesday evening with nervous laughter and a cascade of jokes about himself and his companies.
But the interview quickly turned to the more serious subject of Musk’s recent antisemitic posts on X and whether his company can survive the advertiser boycott.
Musk’s message to advertisers came after what had briefly appeared to be an attempt to salvage the damage he caused after he called an antisemitic post the “actual truth” two weeks ago.
More than 100 brands have since halted their ads, and the company is at risk of losing $75 million by the end of the year, according to The New York Times.
His attempted clarification only seemed to further the antisemitic conspiracy theory he promoted in the first place, broadly blaming “people in the Jewish community” for their support of unnamed activist groups.
But the questions around Musk’s own actions, and the resulting advertiser exodus — the things that could materially impact X — seemed to garner the most nonchalant answers.
The original article contains 497 words, the summary contains 173 words. Saved 65%. I'm a bot and I'm open source!
"X" isn't publicly traded. When he bought it, he took it private, so you can't short it. The ticker symbol X is for the United States Steel Corporation. You could definitely short that, though; it's entirely possible that it'll tank just the same because people confuse it with Xitter. Like when that Chinese company that had the ticker symbol ZOOM shot to the moon at the start of the pandemic because people thought it was the video conferencing app (whose symbol was ZM).
He's at Ballmer chanting "developers developers" except it's "advertisers advertisers" and he has even less charisma than Steve, which takes something.
I expected at least a downvote though :'(, am i becoming mainstream ?
I can debate in favor of E.Musk or religions if you're interested(, my computer crashed a week ago so i've got time for now), Internet is there for us to learn after all, there's not much point for me to stay in Lemmygrad(, yeah, i'm also a communist, too many defects for a single little boy).
And yeah, this world is infuriating, not funny(, but be happy if you want to, i'll stay angry).