I believe the appropriate thing to say to Elon here is, "go fuck yourself."
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Let me be very clear 👌go fuck yourself 👌
👎 𝓰ℴ 𝒻𝓾𝒸𝓴 𝔂ℴ𝓾𝓇𝓼ℯ𝓵𝒻, 𝓮𝓁𝓸𝓃 🖕
Let me say it in Italian American
gestures wildly with hands with each word
"Why dont yos go fuck yoself, motha-fucka!"
Interesting 🤔
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.
There are many reasons to avoid Tesla, regardless of Musk. The complete lack of independent repair was my deal breaker, but you'll find your own. Their competition is looking pretty good these days, too.
Let that sink in.
What an unfunny dipshit. He actually thought that was clever.
It is clever, he told everyone up front that he was there to sink the company.
It might’ve been funny if he was remotely likable. Turns out that humor depends highly on not being an asshole.
That’s because it is almost exclusively tied up in his various corporate holdings that include everything from rocket builder SpaceX and brain chip company Neuralink to his latest startup, xAI.
None of these investments are easily fungible. Only Tesla is a publicly traded company. So the easiest solution at his fingertips is to liquidate a portion of his remaining 12% stake.
Let it fucking burn.
Stop buying Teslas! Many other great or better EV choices out there.
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.
Musk: How about a multiple billion dollar pay package?
Sane people: You've already had it.
Musk: I've had one, yes. What about a second multiple billion dollar pay package?
2 4 1 deal, how to trash 2 companies at once. Good job space karen!
"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.
Could he sell all of it? And then completely fuck off? br, tesla (car) owner
Who would buy it now, though? It can't have much value left. (Edit: Twitter. Not talking about Tesla, that's a whole different arc.)
Maybe if he was smart, he'd just give up on the social network and sell it off to someone else. But he's not smart, so he'll keep sinking money into it until cooler heads in the company prevail. The era of social media dominance, I'm sorry to say, is over.
He'll definitely keep it until after the election at least.
Don't be sorry, that's amazing and awesome! Social media was internets biggest mistake. It going down is great. It dragging the shit clown Musk with it is an absolute cherry on that cake
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.
From this article:
Ferguson based his assessment on internal second-quarter figures recently obtained by the New York Times. According to this report, X booked $114 million worth of revenue in the U.S., its largest market by far. This represented a 25% drop over the preceding three months and a 53% drop over the year-ago period.
From when he bought twitter:
Mr. Musk has set some ambitious goals for Twitter, which he has said he will transform into an “everything app” called X. In presentations to investors about the deal this spring, he said he anticipated that Twitter would reach annual revenue of $26.4 billion and have 931 million users by 2028.
Uhh, not even close Musk. I guess he still has 3 years and 4 months to turn it around though. lol. I was told this man was a business genius.
I was told this man was a business genius.
Was the person who told you that Elon Musk?
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
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
Why do you think he strongarmed Teslas shareholders into that big pay day? He's known this was coming, y'all. Tesla's just paying for his misadventure.
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.
Maybe the Saudis and Qataris will chip in some more cash to help him out.
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.
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?
Aww, poor rich asshole.
Notice he isn't going to put his SpaceX shares up for sale.
I don't know much about trading stock, but I do know SpaceX is not a publicly traded company. That means his buyers for those shares are super limited, so each potential buyer would likely be super wealthy and would have more say over the company than any one individual in the horde of public buyers that would buy up the Tesla stock. Plus, him needing to divest from Tesla might actually drive Tesla stock up a little (eventually), since he won't have as much control of the company as he did before. It seems he would still be the largest shareholder after the selloff, but this would close the gap between him and the next largest shareholder. He owns over 3x more Tesla stock than the next largest shareholder.