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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uallas5

Golden Member
Jun 3, 2005
1,442
1,571
136
I had a job in the late 00's to early 2010's that had an open office type plan. We had our own desks spaced throughout the room, but there were no walls between us. This resulted in us having room wide political arguments almost daily. They eventually installed walls on each desk because we were talking across the room so much.

Where I'm at now we have cubicles, but the walls are only about 4 feet high. There's no collaboration, but literally everybody within 30 feet of me is on calls almost all day. My whole day if I'm in the office is hearing at least 3 different people talking on calls. Yeah, that's a much better work environment than my quiet office in my home where the only thing that bugs me all day is my dog when she wants pets or to go outside.
I'm so glad I took the transfer to engineering when my company offered it to me. Even though greater Boston traffic can drive me absolutely bonkers sometimes, I'm glad to be driving around fixing stuff compared to when I worked in an office.
 
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MrSquished

Lifer
Jan 14, 2013
21,531
19,931
136

MrSquished

Lifer
Jan 14, 2013
21,531
19,931
136
also Taylor Swift did a cross-promo that involved I think Insta and Threads to coincide with her new album launch. She is now on threads and already has 9 million followers and just ramping up. Just need more and more big X accounts of sane and good people to keep moving to Threads to help further bury Twitter faster.

Guaranteed there are literally tons of people on X to follow certain celebrity accounts and only reason they are there.
 
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Fenixgoon

Lifer
Jun 30, 2003
31,684
10,131
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It's the middle of 2024 and Pepsi has so far gotten less than 40 Tesla Semi's they ordered, but of course, yet more Elon bullshit. The guy is a pathological liar.


View attachment 97454
just for reference, there were ~300,000 Class 8 (heavy duty) trucks sold in North America in 2023.

Tesla hitting 50k units would be 16% of the entire sales market. of course that doesn't mean all 50k are sold, but when i'm getting at is that that is tremendous production capacity in the truck world.

so yeah, Elon is way off target. I don't doubt Tesla can eventually get there, but they clearly have a very, very long way to go.
 

Zorba

Lifer
Oct 22, 1999
14,682
10,097
136
It's the middle of 2024 and Pepsi has so far gotten less than 40 Tesla Semi's they ordered, but of course, yet more Elon bullshit. The guy is a pathological liar.


View attachment 97454
Tesla is looking more and more like a massive pump and dump fraud. What sucks is all of us that knew it was a shell game but have SP500 index funds were forced to invest into it when it was added to the index.
 

Zorba

Lifer
Oct 22, 1999
14,682
10,097
136
just for reference, there were ~300,000 Class 8 (heavy duty) trucks sold in North America in 2023.

Tesla hitting 50k units would be 16% of the entire sales market. of course that doesn't mean all 50k are sold, but when i'm getting at is that that is tremendous production capacity in the truck world.

so yeah, Elon is way off target. I don't doubt Tesla can eventually get there, but they clearly have a very, very long way to go.
I wonder what percentage of those are local only and/or within company perimeter only (can't remember the proper name). Which right now appears to be the niche of the Tesla Semi, I'm guessing at the cost of a high end over the road truck.
 

Zorba

Lifer
Oct 22, 1999
14,682
10,097
136
also Taylor Swift did a cross-promo that involved I think Insta and Threads to coincide with her new album launch. She is now on threads and already has 9 million followers and just ramping up. Just need more and more big X accounts of sane and good people to keep moving to Threads to help further bury Twitter faster.

Guaranteed there are literally tons of people on X to follow certain celebrity accounts and only reason they are there.
Cheering for Threads over X is like cheering for Himmler over Hitler.
 

MrSquished

Lifer
Jan 14, 2013
21,531
19,931
136
Cheering for Threads over X is like cheering for Himmler over Hitler.
Of course Zuck is shitty too, but that's still a bit of an off comparison. Elon is a solid chunk worse; I mean he is pure evil. Zuck is a shitty human too, but he is still better than Elon, for now. As in, he is not quite Nazi level. So I wouldn't go that far, but I'm not singing his praises either. But bankrupting Twitter would be a good thing and if that takes Threads right now, so be it.
 
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Saylick

Diamond Member
Sep 10, 2012
3,233
6,641
136
God knows how many times this happened and Elon should be held directly responsible with all his false advertising and marketing and pumping dump bullshit with FSD.

*sigh*

This is why I, as a motorcyclist, make sure I am as far away from any car as possible when I share the road. Can't trust people to drive their own cars to begin with, and I certainly can't trust people who put their faith in their car's alleged ability to drive the car for them. I'm almost indifferent to who is at fault here, whether it be the driver for believing the car can do a good job driving itself or Tesla for advertising that people should trust their cars to drive themselves, because it doesn't change the fact that the motorcyclist got hit either way and is now dead.
 

linkgoron

Platinum Member
Mar 9, 2005
2,317
833
136
Tesla is looking more and more like a massive pump and dump fraud. What sucks is all of us that knew it was a shell game but have SP500 index funds were forced to invest into it when it was added to the index.
I wouldn't exactly call a company that had ~8.88 billion in operating income and 96 billion in revenue in the last year a pump and dump.
They've revolutionized the auto industry, and helped move the electric car forward by A LOT, and they are delivering millions of cars every year.

However, outside of the US, the competition is quickly gaining on them. BYD (+ other Chinese companies), Kia-Hyundai, VW group, etc. are all gaining on them and I don't think that selling Tesla as a tech company is really panning out. People claim that they have tons of other tech, but at least currently the non-automotive tech (including charging stations) is about 15% of their revenue with a relatively low profit margin of 11%, and FSD has been "next-year" for a decade.

Yes, the Elon hype is real, and o/c he's obviously overpromising tons of tech that doesn't really pan out, and his fanboys are happy to prop the stock, but the value of the company (currently) isn't as insane as it used to be.
 

Pens1566

Lifer
Oct 11, 2005
11,692
8,211
136
I wouldn't exactly call a company that had ~8.88 billion in operating income and 96 billion in revenue in the last year a pump and dump.
They've revolutionized the auto industry, and helped move the electric car forward by A LOT, and they are delivering millions of cars every year.

However, outside of the US, the competition is quickly gaining on them. BYD (+ other Chinese companies), Kia-Hyundai, VW group, etc. are all gaining on them and I don't think that selling Tesla as a tech company is really panning out. People claim that they have tons of other tech, but at least currently the non-automotive tech (including charging stations) is about 15% of their revenue with a relatively low profit margin of 11%, and FSD has been "next-year" for a decade.

Yes, the Elon hype is real, and o/c he's obviously overpromising tons of tech that doesn't really pan out, and his fanboys are happy to prop the stock, but the value of the company (currently) isn't as insane as it used to be.

The stock is the pump and dump. It's not tied to the reality of their real world product.

Unless you really think they're more valuable than all the other major auto manufacturers combined ...
 

Zorba

Lifer
Oct 22, 1999
14,682
10,097
136
I wouldn't exactly call a company that had ~8.88 billion in operating income and 96 billion in revenue in the last year a pump and dump.
They've revolutionized the auto industry, and helped move the electric car forward by A LOT, and they are delivering millions of cars every year.

However, outside of the US, the competition is quickly gaining on them. BYD (+ other Chinese companies), Kia-Hyundai, VW group, etc. are all gaining on them and I don't think that selling Tesla as a tech company is really panning out. People claim that they have tons of other tech, but at least currently the non-automotive tech (including charging stations) is about 15% of their revenue with a relatively low profit margin of 11%, and FSD has been "next-year" for a decade.

Yes, the Elon hype is real, and o/c he's obviously overpromising tons of tech that doesn't really pan out, and his fanboys are happy to prop the stock, but the value of the company (currently) isn't as insane as it used to be.
The valuation has always been based on pump and dump. I agree it's a real company, that's just massively over valued.
 

Saylick

Diamond Member
Sep 10, 2012
3,233
6,641
136
Lol, so much for putting the cheap EV project on hold. I guess it’s back on the menu, just in time to slow down the stock price from sliding.
 

Saylick

Diamond Member
Sep 10, 2012
3,233
6,641
136
It's still vaporware . Elon is trying to keep the stock price up.
Yep. Just like the self driving car announcement. Elon is just saying whatever it takes to keep the stock price up. What’s next? “$420, secured” all over again?
 

Zorba

Lifer
Oct 22, 1999
14,682
10,097
136
Yep. Just like the self driving car announcement. Elon is just saying whatever it takes to keep the stock price up. What’s next? “$420, secured” all over again?
Man people are stupid, they've never gotten a car to market in less than 18 months, but everyone just believes them that a entirely new, low cost, low margin car will be rolling out in significant numbers in a year.

The worst thing is Tesla is showing every other company they can manipulate their stock with immunity.
 

MrSquished

Lifer
Jan 14, 2013
21,531
19,931
136
some of the headlines about this new low priced model 'coming out' next year that Elon mentions are insane. They give this pathological liar a platform.