• FuglyDuck@lemmy.world
    link
    fedilink
    English
    arrow-up
    102
    arrow-down
    1
    ·
    edit-2
    7 months ago

    Turns out telling would-be clients to go fuck themselves is a great way to change their status firmly into the “not clients” catagory

  • Jat620DH27@lemmy.world
    link
    fedilink
    English
    arrow-up
    15
    arrow-down
    1
    ·
    7 months ago

    Elon can make money through ads because he has collected loads of user data and know your interests. I’d be happy to see him take a hit in this regard. Why not use decentralized social media? They don’t collect any data and there won’t be any targeted ads.

  • JigglySackles@lemmy.world
    link
    fedilink
    arrow-up
    11
    ·
    7 months ago

    It’s fine. He thinks they can all go fuck themselves anyways. Giant ass fuckin manchild. I hate that him and bezos are going to be around for so much longer. It’s not like the geriatric fucks that are nearly dead anyways. Just a whole new generation of rich corrupt assholes.

    • DocMcStuffin@lemmy.world
      link
      fedilink
      arrow-up
      53
      ·
      7 months ago

      He leveraged his Tesla stock as collateral to buy Twitter. His antics haven’t just harmed Twitter but also Tesla. As the value of that stock drops the banks can force him to provide additional collateral or call in the loans. He would have to put up more stock or sell. Selling could create a spiral where the price continues to drop.

      As Jeremy Clarkson once said, “Oh no, anyway.”

      • Tobberone@lemm.ee
        link
        fedilink
        arrow-up
        4
        arrow-down
        2
        ·
        7 months ago

        So deciding to have Tesla leave the Nordics, some of the most EV dense countries, will not only hurt Tesla and give the competition an edge, it might actually cost him stock in spaceX? Is that the analysis here?

      • NotMyOldRedditName@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        edit-2
        7 months ago

        He isn’t overly leveraged on twitter, and it might actually be 0 leverage. He was leveraged and then he sold a shit load of stock so he wouldn’t be and that’s a huge part of what crashed the stock price.

        The only part I’m unclear on is who’s responsible for the 1 billion loan twitter has, twitter, or him.

        But 1 billion isn’t of any concern to him, its too small an amount, and there’s spacex he can get funds from too if he needed it.

        Edit: what is likely to happen though is twitter fails and needs a huge cash infusion, and he sells nultiple billions more Tesla stock to prop it up, bringing the price down again.

    • yata@sh.itjust.works
      link
      fedilink
      arrow-up
      16
      ·
      7 months ago

      He is bringing back a very carefully selected group of banned people, people he thinks caters to the only specific core audience which remains on twitter: hateful right wing bigots.

    • lps2@lemmy.ml
      link
      fedilink
      arrow-up
      16
      ·
      7 months ago

      We’ll see how the Saudis feel about him pissing away their money. Gonna be taking that Tesla stock from him

      • Tyfud@lemmy.one
        link
        fedilink
        arrow-up
        17
        ·
        7 months ago

        You say that like the Saudi’s aren’t cool with taking Twitter down. It was the cause of a lot of strife and issues during the “Arab Spring” years.

        I suspect they’re overjoyed it’s tanking.

        • HerrBeter@lemmy.world
          link
          fedilink
          arrow-up
          10
          ·
          7 months ago

          A small price to pay for them to be killing informational pipelines. It was good to be able to actually talk to politicians in my country, a bit of astroturfing for the greater good.

        • nicetriangle@kbin.social
          link
          fedilink
          arrow-up
          6
          ·
          7 months ago

          Yep those kinda of governments thrive best when there isn’t an easy way for common people to spread news about them and organize.

        • Airazz@lemmy.world
          link
          fedilink
          arrow-up
          1
          ·
          7 months ago

          I don’t see the point of this whole charade, rebranding, slow death. Why not just buy it and close all servers if that’s their goal?

          • towerful@programming.dev
            link
            fedilink
            arrow-up
            2
            ·
            edit-2
            7 months ago

            Because that’s a definite action.
            If they wanted twitter destabilised, “giving” it to someone that is going to mismanage it (either deliberately mismanage it, or because they are an egotistical eccentric rich person who aspires to be a tech guru entrepreneur genius) is a much more subtle way to achieve it.

            Adding:
            Worst case, they have leverage over the company to remove/censor content. Even if that was their initial goal, having twitter collapse is still in their interest

    • Airazz@lemmy.world
      link
      fedilink
      arrow-up
      10
      ·
      7 months ago

      He doesn’t have money.

      Here’s a good comparison I’ve found: let’s say you have a company and issue one million shares. You sell just a single one for $1. Now “technically” you own $999,999 worth of shares, even though you actually have one dollar.

      His Tesla and SpaceX shares are worth a lot, but they’re not cash. If he started selling huge amounts, then the value would drop rapidly.

    • ABCDE@lemmy.world
      link
      fedilink
      arrow-up
      10
      ·
      7 months ago

      So why does he throw fits when he loses advertisers? A person who doesn’t care doesn’t comment on it and say “Fuck yourself” to Bob Iger and call for him to be sacked.

    • masterofn001@lemmy.ca
      link
      fedilink
      arrow-up
      8
      ·
      7 months ago

      He is bringin back banned ppl psychopaths and bigots, he is showing he doesn’t care about hurt advertiser fifis and he has enough money not to care :P is a straight up bitch and wants all his incel followers to hate like he does.

    • ArugulaZ@kbin.social
      link
      fedilink
      arrow-up
      4
      ·
      7 months ago

      Pissing off advertisers is not a great business strategy. It’s not that their feelings are hurt, it’s that ads for Pepsi and Apple were showing up next to neo-Nazi posts, giving users the impression that the advertisers actively endorse the posts. People generally don’t like being associated with Nazis. Maybe you’re comfortable with that association (if so, seek help), but most of us aren’t down with genocidal maniacs who want to purge the world of non-white citizens and rule with an iron fist. I know, we’re funny that way, not wanting to endorse and spread the sentiments of mass murderers.