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[chokotoureiki]

When the $44Billion price for Twitter was being contested his study said it was 11% bots and Twitter claimed it was 5%. Where did you get the misinformation that half the accounts were bots? There might be that many bots now considering if the ratio of complaints is an indication.

I don't know the exact number, I only said half as a guesstimate. My point is that there's a lot. How many? Well, X hasn't shared data about the number of bots, but they did say that they will "die trying" which sounds like a lot to me.

Zatko who used to work at Twitters cybersecurity even testifies to this, as well as a few other witnesses.

 

[IntentionalPun]

How do you know they were doing it to make money and not necessarily to take down Twitter also? That could also be their intention like Musk.

Having a little trouble understanding what you are saying here, can you rephrase?

 

[IntentionalPun]

There's some irony that this is largely based on government regulations that Tesla benefits from lol

(and Musk making big promises about sales, which isn't particularly reliable)

I'd love for Tesla to have a huge comeback though after what will probably be their first year where they are down in sales.

 

[Toons]

You do realize that some billionaires have reached the point where money is no longer the primary goal right? Like why do you think a lot of them are philanthropists? Oftentimes going into charitable causes yield little to no monetary return, and yet they do so.

Jesus christ. Their "philanthropy" gets them HUMONGOUS tax cuts dude.

Money is never "not a primary" goal for any billionaire. No one who has ever become a billionaire did not have money as their primary goal. The people who become billionaires put money above EVERYTHING else to achieve that.

Musk is literally charging people to have full access to Twitter snd to have their sccountd verified. Because he cares about the money lmfao.

Rich ppl can have motivations that aren't always money driven. Trump can easily make far more as a real estate tycoon and live a better life than being a president, and yet he chose the latter.

the president of the US being the most powerful position in the world probably was more the draw than the money. And he isn't lighting 30 billion dollars on fire to do so.

 

[chokotoureiki]

Jesus christ. Their "philanthropy" gets them HUMONGOUS tax cuts dude.

Money is never "not a primary" goal for any billionaire. No one who has ever become a billionaire did not have money as their primary goal. The people who become billionaires put money above EVERYTHING else to achieve that.

Musk is literally charging people to have full access to Twitter snd to have their sccountd verified. Because he cares about the money lmfao.



Trump wants power. Being the president of the US is the most powerful position in the world. And he isn't lighting 30 billion dollars on fire to do so.

Relax dude, take a deep breath. We can speculate about the ulterior motives of the ultra wealthy all day long. That may be true, that may not be. My point is not everything they do is money driven. Sometimes its for something greater, like pushing forth an ideology, or for some greater cause, increase public perception, etc. They've already reached the top, so what else is there to do? Musk has already stated that the Twitter takeover was never about making money, it was to restore free speech. He even admitted in retrospect it wasn't financially smart, but it was necessary nonetheless to give the voice back to those being silenced. He's not too worried about the loss, bc any way he has other assets to keep him afloat.

 

[chokotoureiki]

Having a little trouble understanding what you are saying here, can you rephrase?

Okay, what if the goal of some investors isn't always to make money, but for something else instead? What if its for something greater?

 

[gatti-man]

X is a shadow of what it once was. Yes it’s still useful but it used to be more useful. I’ve always used it for investing and financial news and it’s still decent but search is FILLED TO THE BRIM with bots and spam now.

It’s bleeding cash. I imagine Elon will dump it eventually once he digs himself out of the hole he’s in.

 

[chokotoureiki]

X is a shadow of what it once was. Yes it’s still useful but it used to be more useful. I’ve always used it for investing and financial news and it’s still decent but search is FILLED TO THE BRIM with bots and spam now.

It’s bleeding cash. I imagine Elon will dump it eventually once he digs himself out of the hole he’s in.

What hole? Meanwhile, Musk makes $30 billion in a single day after Tesla crushes earnings. Sorry your expectations got shot down pal.

 

[Toons]

What hole? Meanwhile, Musk makes $30 billion in a single day after Tesla crushes earnings. Sorry your expectations got shot down pal.

What part of "he owes several people as rich or richer than him billions for their loss of investment into Twitter" do you fail to understand? Thats the hole hes in, and as long as he's in that whole, like with anyone else; his paychecks aren't fully his.

 

[chokotoureiki]

What part of "he owes several people as rich or richer than him billions for their loss of investment into Twitter" do you fail to understand? Thats the hole hes in, and as long as he's in that whole, like with anyone else; his paychecks aren't fully his.

Big freaking deal. Jack Dorsey may have turned sour but Saudi Prince def seems happy despite the loss. It's not clear whether or not most were happy with the takeover. He's making money hand over fist, even filed lawsuits against advertisers to claw back in money to X so he can just simply use that money to pay back whatever he owes to the investors, hook line and sinker. Doesn't even have to touch a cent from his Tesla earnings.

 

[RAÏSanÏa]

The big uptick in his personal wealth with Tesla stock does show that a large portion of it is tied to Tesla.

A few weeks ago Tesla wasn't a car company anymore and was AI and robotics instead and now it is cars again with a prediction of 20-30% sales growth.

https://www.reuters.com/business/autos-transportation/tesla-allays-investor-fears-with-crucial-ev-growth-forecast-shares-jump-2024-10-24/

"With the stock selling off in October before its earnings announcement, some bears feel this is more of a relief rally, as results were better than feared," said Ed Egilinsky, managing director at investment company Direxion.
The sharp rally might also be attributed to some short covering, he said. Short interest on Tesla stock was 2.33% at the end of September, according to LSEG data.
Musk has been pivoting Tesla into an artificial intelligence and robotics company from an EV market leader, but has yet failed to lay out a detailed business plan for his new focus. Investors sold off Tesla shares earlier this month after a robotaxi event was short on details.
Last quarter, Musk made bold company announcements about everything but cars - from driverless taxis to humanoid robots - leaving investors worried about dwindling margins already squeezed by lowered prices.

Another article mentions that it's not cars either, but profiting from selling carbon credits and selling solar panels and batteries.

Tesla is not a car company but it does a good impersonation

Although its vehicles are yielding more profit, most of the $750bn carmaker’s value hangs on things that are yet to exist

www.ft.com

A rising share of Tesla’s revenue and profit, though, comes from other things. One is selling carbon credits to other carmakers. That brought in $2.5bn of revenue in the past year, equivalent to about a fifth of the company’s total operating cash flow. The other is Tesla’s blossoming battery and solar panel business, growing at 52 per cent year on year, and with higher gross margins than its cars.

Big freaking deal. Jack Dorsey may have turned sour but Saudi Prince def seems happy despite the loss. It's not clear whether or not most were happy with the takeover. He's making money hand over fist, even filed lawsuits against advertisers to claw back in money to X so he can just simply use that money to pay back whatever he owes to the investors, hook line and sinker. Doesn't even have to touch a cent from his Tesla earnings.

Seems quite wishful to think those suits would make back billions of dollars. He already had to sell billions of Telsa stock to acquire Twitter.
He might have enough liquidity to support it without selling more for awhile, but if not then more the money has to come from somewhere, sell it, maybe bankrupt it.
If he has to sell Tesla stock to support X than that is putting that burden of X's failures on the investors of another company.

 

[chokotoureiki]

Seems quite wishful to think those suits would make back billions of dollars. He already had to sell billions of Telsa stock to acquire Twitter.
He might have enough liquidity to support it without selling more for awhile, but if not then more the money has to come from somewhere, sell it, maybe bankrupt it.
If he has to sell Tesla stock to support X than that is putting that burden of X's failures on the investors of another company.

He already admitted that he doesn't care if he loses money from X, if that's what it takes to bring back freedom of speech. You make it sound like it's really going to hurt him when it's not. This is a nothingburger. He's on track to become the world's first trillionaire. AI, space exploration, and robotics are going to be huge within the next decade, perhaps even the rest of the century and millenium. And he's leading at the forefront of it all. Aside from his several assets and income streams, he also has plenty of social and venture capital. He sells more EVs than any other company. Not to mention he often gets headlines whenever he says something. He can make a simple tweet and it will create shockwaves in the stock market. He's not going bankrupt. He's not going anywhere. You're just wishing it would happen when that's far from reality.

 

[IntentionalPun]

Okay, what if the goal of some investors isn't always to make money, but for something else instead? What if its for something greater?

Oh ok I gotcha.

Yeah not sure what the crown prince of Saudi Arabia is looking for throwing money at X. Or Diddy. Certainly can’t imagine they are looking for “freedom of speech.”

Also there are venture capital funds, mutual funds, banks…. All invested lol

Were all these rich fucks promised X would be used to get a certain person elected president and other elections favoring a certain party?

I mean, maybe. But I seriously doubt it. I imagine they invested because Elon said from the start he was interested in turning X into an “everything app” with a key being banking.

 

[RAÏSanÏa]

He already admitted that he doesn't care if he loses money from X, if that's what it takes to bring back freedom of speech. You make it sound like it's really going to hurt him when it's not. This is a nothingburger. He's on track to become the world's first trillionaire. AI and robotics are going to be huge within the next decade, perhaps even the rest of the century and millenium. aside from his several assets and income streams, he also has plenty of social and venture capital. He's not going bankrupt. He's not going anywhere. You're just wishing it would happen when that's far from reality.

What is a real nothingburger is the claim of bringing back free speech. You already admitted that isn't what's happening on X. In reality, free speech never went anywhere. People could still talk about whatever somewhere else if Twitter was unavailable. Which is what people are doing now by leaving X. Digital freedom of movement with speech. People weren't forced to use twitter and conform to twitter standards outside of their website.

The loans for X purchase were reportedly leveraged with Tesla stock, not just those he sold. If X goes bankrupt that's going to hurt.

 

[chokotoureiki]

Oh ok I gotcha.

Yeah not sure what the crown prince of Saudi Arabia is looking for throwing money at X. Or Diddy. Certainly can’t imagine they are looking for “freedom of speech.”

Also there are venture capital funds, mutual funds, banks…. All invested lol

Were all these rich fucks promised X would be used to get a certain person elected president and other elections favoring a certain party?

I mean, maybe. But I seriously doubt it. I imagine they invested because Elon said from the start he was interested in turning X into an “everything app” with a key being banking.

How much do you think will this have an effect on Elon Musk? He's already projected that his line of Optimus robots could help make Tesla a $25 trillion company . Everyone keeps bringing up that he owes investors money, not realizing that Musk is a very saavy billionaire who knows how to offset his losses while maximizing his gains. After all, he's a billionaire for a reason, right? As Toons has pointed out.

 

[IntentionalPun]

How much do you think will this have an effect on Elon Musk? He's already projected that his line of Optimus robots could help make Tesla a $25 trillion company . Everyone keeps bringing up that he owes investors money, not realizing that Musk is a very saavy billionaire who knows how to offset his losses while maximizing his gains. After all, he's a billionaire for a reason, right? As Toons has pointed out.

It won’t at all other than reputation with banks who are going to eat many billions of dollars in losses.

The loans are in X’s name, not his, and as I said earlier they’ll probably sell their position back to Musk eventually at a big loss. But if they don’t then they could end up with the company itself since it’s a leveraged loan. Musk would probably get sued either way but he can afford it.

Not sure why anyone believes Musks “projections” or cares about his net worth though. He’ll die a billionaire many times over, but that doesn’t mean he isn’t full of shit and making some ridiculous decisions.

 

[RAÏSanÏa]

Not to mention he often gets headlines whenever he says something. He can make a simple tweet and it will create shockwaves in the stock market.

It was that quality, reading that it would lock him in, that got me to change my position from Twitter reject to accept his offer when he was trying to buy. $44Billion was ridiculous. Reading the news got me to yell SELL IT!!!! at the screen.

 

[chokotoureiki]

What is a real nothingburger is the claim of bringing back free speech. You already admitted that isn't what's happening on X. In reality, free speech never went anywhere. People could still talk about whatever somewhere else if Twitter was unavailable. Which is what people are doing now by leaving X. Digital freedom of movement with speech. People weren't forced to use twitter and conform to twitter standards outside of their website.

The loans for X purchase were reportedly leveraged with Tesla stock, not just those he sold. If X goes bankrupt that's going to hurt.

Show me proof that X is on the verge of bankrupcy then. Until then, your wishful thinking has no basis in reality. His loss with X is hardly going to make a dent in his finances.

I said what about X? Show me a snippet of what I wrote bc I don't know what you're talking about.

I never said free speech was entirely gone as a whole. I'm talking about within the confines of Twitter/X. Of course, ppl can still talk somewhere else if Twitter was no longer around. I never said otherwise.

 

[chokotoureiki]

It won’t at all other than reputation with banks who are going to eat many billions of dollars in losses.

The loans are in X’s name, not his, and as I said earlier they’ll probably sell their position back to Musk eventually at a big loss. But if they don’t then they could end up with the company itself since it’s a leveraged loan. Musk would probably get sued either way but he can afford it.

Not sure why anyone believes Musks “projections” or cares about his net worth though. He’ll die a billionaire many times over, but that doesn’t mean he isn’t full of shit and making some ridiculous decisions.

You're free to believe whatever you want about Musk. All the while he continues to make progress for humanity and makes billions while you sit behind your little screen lashing out criticisms which falls on deaf ears. Some of us do care about his financial well being as we want to see things like the widespread use of EVs, exploring Mars, or robots taking over the world.

I doubt his reputation with the banks would matter much. He still has several other VCs, connections, his fanbase, etc that make up for that.

 

[RAÏSanÏa]

Show me proof that X is on the verge of bankrupcy then. Until then, your wishful thinking has no basis in reality. His loss with X is hardly going to make a dent in his finances.

I said what about X? Show me a snippet of what I wrote bc I don't know what you're talking about.

I never said free speech was entirely gone as a whole. I'm talking about within the confines of Twitter/X. Of course, ppl can still talk somewhere else if Twitter was no longer around. I never said otherwise.

You think X is financially healthy? Even given the headline? Where do you think it's going? It's losses already have made a dent in his finances to the point he had to make a statement. That's not wishful thinking, that's the reality. He'd be worth a lot more money if he hadn't failed with Twitter. He's already down billions.

In the changeover there was only different moderation standards. It was always a mischaracterization to call it free speech.

 

[chokotoureiki]

It was that quality, reading that it would lock him in, that got me to change my position from Twitter reject to accept his offer when he was trying to buy. $44Billion was ridiculous. Reading the news got me to yell SELL IT!!!! at the screen.

....I don't know what in the hell do you mean?

 

[RAÏSanÏa]

....I don't know what in the hell do you mean?

During the lead up to buying Twitter he was making larger and larger offers claiming he had the backing. Then when it got to $44billion stock price it sold.

How long have you been following this? Are you just pulling your opinions out of your ass like your facts with the 50% bots?

 

[chokotoureiki]

You think X is financially healthy? Even given the headline? Where do you think it's going? It's losses already have made a dent in his finances to the point he had to make a statement. That's not wishful thinking, that's the reality. He'd be worth a lot more money if he hadn't failed with Twitter. He's already down billions.

In the changeover there was only different moderation standards. It was always a mischaracterization to call it free speech.

I never said or claimed X was financially healthy. I never disputed that. How much in losses compared to his capital gains and profit surges? Billions? How do you know this for a fact? Show me proof that his losses are in the billions. He would've been worth a lot more money, sure, but I don't think that matters hardly, if any at all. And I'm still waiting for proof that shows X is going bankrupt. It's not. End of story.

 

[RAÏSanÏa]

I never said or claimed X was financially healthy. I never disputed that. How much in losses compared to his capital gains and profit surges? Billions? How do you know this for a fact? Show me proof that his losses are in the billions. He would've been worth a lot more money, sure, but I don't think that matters hardly, if any at all. And I'm still waiting for proof that shows X is going bankrupt. It's not. End of story.

As a private company there isn't much public disclosure. You should know that.

 

[chokotoureiki]

During the lead up to buying Twitter he was making larger and larger offers claiming he had the backing. Then when it got to $44billion stock price it sold.

How long have you been following this? Are you just pulling your opinions out of your ass like your facts with the 50% bots?

I can see you're getting worked up over this . Chillax, it's just a debate. I'm not even upset, but you clearly are. Your poor grammar and lack of coherence is proof of that. Relax, breathe, think before you type, and make it coherent.

Of course and in the end Jack Dorsey got the short end of the stick when he backed out at the last minute. Karma can be a bitch sometimes.

 

[chokotoureiki]

As a private company there isn't much public disclosure. You should know that.

So in other words, you have no proof. Ok. Guess I'm not the only one pulling opinions out my ass then.

 

[RAÏSanÏa]

I can see you're getting worked up over this . Chillax, it's just a debate. I'm not even upset, but you clearly are. Your poor grammar and lack of coherence is proof of that. Relax, breath, think before you type, and make it coherent.

Of course and in the end Jack Dorsey got the short end of the stick when he backed out at the last minute. Karma can be a bitch sometimes.

That's not it at all.

Your recent request shows you lack a basic understanding of any of principles involved. Combined with with your recent change in tone to accuse someone else of being out of touch reality did need a sharper response to get back on track.
You're avoiding the fact that your opinion is almost completely off your imagination and hype rather than any informed knowledge of the situation. You're projecting.

So in other words, you have no proof. Ok. Guess I'm not the only one pulling opinions out my ass then.

My opinion is informed by events from the headline of the thread, events from the last few years, and the direction they're going. Yours is entirely based on nothing but denial.

 

[DKehoe]

Alright lads, let's get down to brass tacks.

 

[RAÏSanÏa]

So in other words, you have no proof. Ok. Guess I'm not the only one pulling opinions out my ass then.

Here's a article to catch up on

Elon Musk may have to sell billions in Tesla stock to rescue X

Plunging U.S. revenue at X risks opening up a "massive hole" on its balance sheet that Musk needs to plug to stave off its financial collapse.

fortune.com

No one knows how much longer X can survive, since the company doesn’t release financial results. But in November, Musk himself admitted X could face bankruptcy due to the advertiser boycott.

 

[chokotoureiki]

Here's a article to catch up on

Elon Musk may have to sell billions in Tesla stock to rescue X

Plunging U.S. revenue at X risks opening up a "massive hole" on its balance sheet that Musk needs to plug to stave off its financial collapse.

fortune.com

Thank you for the link. Also, much appreciated for being more coherent. You did what I advised you to do.

While that may be a possibility, it could also be not. Key thing is it hasn't happened so far. Possibilities are pointless wishy washy thinking unless it's already taking effect, then your argument would have a leg to stand on.

 

[chokotoureiki]

That's not it at all.

Your recent request shows you lack a basic understanding of any of principles involved. Combined with with your recent change in tone to accuse someone else of being out of touch reality did need a sharper response to get back on track.
You're avoiding the fact that your opinion is almost completely off your imagination and hype rather than any informed knowledge of the situation. You're projecting.

My opinion is informed by events from the headline of the thread, events from the last few years, and the direction they're going. Yours is entirely based on nothing but denial.

OK whatever you say boomer. At least you're more coherent this time.

 

[RAÏSanÏa]

OK whatever you say boomer.

Say you've lost without saying you've lost.

Thank you for the link. Also, much appreciated for being more coherent. You did what I advised you to do.

While that may be a possibility, it could also be not. Key thing is it hasn't happened so far. Possibilities are pointless wishy washy thinking unless it's already taking effect, then your argument would have a leg to stand on.

That was basic info you should have known or been able to look up yourself.

If you need clarification ask more clearly. Take better responsibility for yourself instead of flinging shit.

 

[chokotoureiki]

Say you've lost without saying you've lost.


That was basic info you should have known or been able to look up yourself.

If you need clarification ask more clearly. Take better responsibility for yourself instead of flinging shit.

My friend, the only thing lost here is you losing your cool by becoming hostile and aggressive, esp when i was very polite to you in the beginning. Instead of directly addressing my arguments, you've been attacking me instead. Simply bc you have no argument. Only a loser would resort to personal attacks rather than making an actual debate.

 

[RAÏSanÏa]

My friend, the only thing lost here is you losing your cool by becoming hostile and aggressive, esp when i was very polite to you in the beginning. Instead of directly addressing my arguments, you've been attacking me instead. Simply bc you have no argument. Only a loser would resort to personal attacks rather than making an actual debate.

Not at all. Again you're denying your own behavior and projecting.

Perhaps a result of cognitive dissonance in your being unable to accept the real looming possibility of X bankruptcy and its consequences. It seems that you can't even allow the existence of bankruptcy as a credible possible hypothetical based on supported trends and data. Or that it will have real financial consequences on Musk and Tesla.

It's isn't wishful thinking as you attempt to characterize. The wishful thinking is denying the very real possibility.

 

[IntentionalPun]

You're free to believe whatever you want about Musk. All the while he continues to make progress for humanity and makes billions while you sit behind your little screen lashing out criticisms which falls on deaf ears. Some of us do care about his financial well being as we want to see things like the widespread use of EVs, exploring Mars, or robots taking over the world.

I doubt his reputation with the banks would matter much. He still has several other VCs, connections, his fanbase, etc that make up for that.

Eh… you could fill a page with all of Musk’s “predictions” and “projections” being wrong, way way off, etc. Let alone all of his “free speech absolutist” talk when he hasn’t run Twitter anywhere close to that. Literally banning people for things he said in interviews he wouldn’t do. If you really think me calling him full of shit deserves this response then more power to tou.

 

[analog_future]

X was supposed to be a bank by now

Musk told employees that “someone’s entire financial life” will be able to run on X by the end of 2024.

www.theverge.com

When Elon Musk was forced to buy Twitter two years ago, he said his goal was to turn the platform into two things: the “digital town square” and the “everything app.” He has failed at both goals.

 

[IntentionalPun]

X was supposed to be a bank by now

Musk told employees that “someone’s entire financial life” will be able to run on X by the end of 2024.

www.theverge.com

He's king of these kind of predictions, this is far from the most egregious lol

Supposed to be able to summon a Tesla from anywhere roads connect (like LA to NY) by 2018, full blown robotaxis by like 2019... flying 2 private citizens around the moon by 2018... and then there's every word he's ever said about Hyperloop/The Boring company.