Elon Musk now owns 9.2% of twitter...update.. will soon be the sole owner as Board of Directors accepts his purchase offer

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cytg111

Lifer
Mar 17, 2008
23,929
13,421
136
I don't think he cares that much. And he might make that worth a lot more if his X.com plans take off.
Elons PR department used to be him self. It is utterly destroyed right now. X is never gonna take off for the sole reason that Elmo dont understand social-anything.
 

fskimospy

Elite Member
Mar 10, 2006
85,495
50,619
136
I don't think he cares that much. And he might make that worth a lot more if his X.com plans take off.
Since that apparently is payments focused he probably should have considered how his antics over the last year and a half might affect people’s interest in handing their personal banking info over to him.
 
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Reactions: pmv
Jul 27, 2020
19,581
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I hope he wastes tons of money on it
Best outcome is he wastes money of some powerful people and then gets executed under suspicious circumstances. Slightly lesser outcome is he goes to jail for investor fraud.

That reminds me. We had a former employee who went back to his third world country, defrauded few investors and then told them, risk is part of business. They sent some thugs to his home, tied him to a chair half naked and kept making cuts on his skin while asking where the money went. He bled to death and then they all fled. Obviously, no one was implicated in his death.
 
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Reactions: pmv and Fenixgoon

akugami

Diamond Member
Feb 14, 2005
5,925
2,239
136
Yep. X is a pipe dream and I hope he wastes tons of money on it and gets really upset when it goes nowhere.

Elmo wanted X to be the WeChat of the western world. If you go to the WeChat Wikipedia page, you can see it does almost everything.

Elmo is failing spectacularly at making X into WeChat.
 

Perknose

Forum Director & Omnipotent Overlord
Forum Director
Oct 9, 1999
46,520
9,829
146
#ApartheidJack ... noted foreign policy and military expert:

Elon ordered starlink turned off
^^^ This is such reprehensible shit. Here's more:

"The company formerly known as Twitter is “unfit” to hold banking licenses because of its alleged “intentional complicity” with human rights violations in Saudi Arabia and treatment of users’ personal data, according to an open letter sent to federal and state banking regulators that was signed by a law firm representing a Saudi victim’s family."
 

MrSquished

Lifer
Jan 14, 2013
22,935
21,026
136
Elon Musk is an indecent human being, a danger to democracies, a pathological liar and narcissist, and a threat to the lives of innocent civilians because he thinks he can play god.
 

Vic

Elite Member
Jun 12, 2001
50,422
14,333
136
He should be held accountable for his lies. But that doesn't mean he is an asshole for dropping prices.

I think Tesla should have to refund everyone that bought FSD, pay punitive damages, and likely face SEC sanctions.

However, dropping prices on cars is a good thing.
As someone who has spent a career writing credit policy for a number of banks and investors, I can assure you that dropping prices on a financed product is never a good thing for the producer.
 

Zorba

Lifer
Oct 22, 1999
15,177
10,718
136
As someone who has spent a career writing credit policy for a number of banks and investors, I can assure you that dropping prices on a financed product is never a good thing for the producer.
That is the whole idea of economies of scale in battery technology. Solar panels are also financed and their prices drop every year. Should the panel companies refuse to lower their prices because it might upset past customers? How about computer equipment? Should a 100mhz, 486 still cost $500? GM has also cut the price of the Bolt multiple times.
 

Brovane

Diamond Member
Dec 18, 2001
5,640
1,906
136
Yes, the idea that such a strike was going to cause nuclear war is so stupid it’s hard to think anyone seriously believes it.

Why has the Biden administration been so slow to give Ukraine long range weaponry then?
 

cytg111

Lifer
Mar 17, 2008
23,929
13,421
136
Why has the Biden administration been so slow to give Ukraine long range weaponry then?
Do you realize what you're saying here? Would you let the geopolitics be up to politicians or private citizens?

If Elon had a doubt, his action would be to call up the WH and ask: What I do?

FUCK anything else... Fuck the twerp. Little bitch.
 

Brovane

Diamond Member
Dec 18, 2001
5,640
1,906
136
Do you realize what you're saying here? Would you let the geopolitics be up to politicians or private citizens?

If Elon had a doubt, his action would be to call up the WH and ask: What I do?

FUCK anything else... Fuck the twerp. Little bitch.

This is exactly why private companies should not be financing a foreign countries war. The US has a foreign military sales program that puts a layer between a foreign government and private companies so private companies don't have to get directly involved in geo-politics. SpaceX (Shotwell and Musk) should never have been put in this situation to begin with. Neither one should be playing at geo-politics. This is exactly why the US government has now stepped in and setup a contract and now the US government can make the decision as to where the Starlink terminals work. Do you not realize what you are saying? By asking SpaceX to takedown the geo-fencing for Crimea you are basically forcing private citizens to do geo-politics. It was stupid by Ukraine knowing their agreement with SpaceX to decide to then use Starlink in a critical military operation violating their agreement with SpaceX. Was anybody in Ukraine thinking that maybe before the operation they should talk to the US and get them to talk to SpaceX about modifying their agreement with SpaceX? No instead they waited until they lost contact with their drones which is so absolutely stupid.
 

Thump553

Lifer
Jun 2, 2000
12,740
2,517
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This is exactly why private companies should not be financing a foreign countries war. The US has a foreign military sales program that puts a layer between a foreign government and private companies so private companies don't have to get directly involved in geo-politics. SpaceX (Shotwell and Musk) should never have been put in this situation to begin with. Neither one should be playing at geo-politics. This is exactly why the US government has now stepped in and setup a contract and now the US government can make the decision as to where the Starlink terminals work. Do you not realize what you are saying? By asking SpaceX to takedown the geo-fencing for Crimea you are basically forcing private citizens to do geo-politics. It was stupid by Ukraine knowing their agreement with SpaceX to decide to then use Starlink in a critical military operation violating their agreement with SpaceX. Was anybody in Ukraine thinking that maybe before the operation they should talk to the US and get them to talk to SpaceX about modifying their agreement with SpaceX? No instead they waited until they lost contact with their drones which is so absolutely stupid.
Your initial point is excellent, but since SpaceX DOES in fact have exactly such a contract with the US military to provide these services (and has since at least June) on what basis does Elmo have the right to unilaterally interfere because of his feels? Our foreign policy and military services should NOT be run at the beck and call of a private citizen, no matter how wealthy or powerful.

IMO Musk has vastly overstepped his authority-and probably at the bid and calling of his Chinese masters, who he is very much beholden to at this point for the future viability of Tesla, his cash cow (up to recently at least). I don't know the terms of the contract between the US defense and SpaceX, but I hope the US JAG office is reviewing that contract. At a minimum Musk should be immediately barred from any control over the decision making process re Starlink and Ukraine immediately.

The US should play hardball with Musk immediately. If it takes suspending all of SpaceX's contracts with the US and permanently barring it from further contracts with the US, so be it. This behavior should not be tolerated at all.
 

K1052

Elite Member
Aug 21, 2003
47,871
36,849
136
Why has the Biden administration been so slow to give Ukraine long range weaponry then?

Some combo of misplaced escalation concern and I think possibly more likely now forcing the wholesale destruction of Russian ground forces. With a measure of pushing the Euro nations to do more since they also have some capabilities.

In this particular context if sinking the Black Fleet flagship did not elicit a nuclear response I would have very much doubted that an attack on the roadstead would have. The Russians appeared to have successfully snowed him (or potentially worse he's at least partly sympathetic) that it would though which exposes a whole other set of potential issues given his access.