This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Elon Musk

Jump to new

No problem with Twitter on my side of the world. Was on it early this morning, and just tried now.
 
JohnDe said:
No problem with Twitter on my side of the world. Was on it early this morning, and just tried now.
Click to expand...
the internet ( in general ) is unreliable here ( my trading platforms etc. ) today , this is about as 'social ' as i get

Twitter is a sideshow distraction to me ( something that pops up in articles now and then )
 
divs4ever said:
the internet ( in general ) is unreliable here ( my trading platforms etc. ) today , this is about as 'social ' as i get

Twitter is a sideshow distraction to me ( something that pops up in articles now and then )
Click to expand...
Twitter is one of the best resources for financial/economic news and opinions in real time.

Plenty of rabbit holes to go down however, especially for a politics junky like me.
 
wayneL said:
Twitter is one of the best resources for financial/economic news and opinions in real time.

Plenty of rabbit holes to go down however, especially for a politics junky like me.
Click to expand...
too distracting for me

besides my original mentor was a JBS member most of those 'rabbit-holes' are old news with a new coat of paint and street signs

by the way the current chatter is only the tip of the iceberg , it is MUCH worse
 
JBS? Possibly because I've been at the pub since it got too hot today, but I'm drawing a blank on that one.
 
The ones he sacked were all lefty wokeazoids. 7000 of them. They didn't actually do any work, they just sat around talking about 'safe spaces' and how they were going to save the world by deleting that half the population who voted conservative. If they had done any meaningful work, Twitter would have fallen apart in their absence. Yet it's working better than ever.
 
Gringotts Bank said:
Twitter would have fallen apart in their absence. Yet it's working better than ever.
Click to expand...

I am a Twitter user and I have never used it more than this year following the events of the war in Europe. What I really hate on it is that it is heavily censored, they delete photos and videos that upset some people. Nearly all those feeds are directed to Telegram but I won't join it because they want my phone number. WTF do they want your phone number for crazy? So I have no choice, stick with Twitter.
 
I don't have twitter, I don't have Facebook, but I do know many many people are becoming sceptical of mainstream news providers.
So from my limited powers of reasoning, I would guess the mainstream media providers are somewhat like the legacy car manufacturers and are worried where Elon is going.
I must confess I wasn't a fan, but the more he moves on, the more he seems to be proven correct.
Take his space X, Tesla cars, the low orbit internet satellites, it is hard to write him off or underestimate Jim IMO.
There are way too many people today who think they are smart, because they have Google and mobile phone access to it, but there still aren't many people who are independently wealthy from their own intellect. Lol
 
We have a new record for loss of fortune, Elon Musk , whose net worth has dropped by $200 billion, the biggest drop in history.

Never mind, he's still worth $127 billion, unfortunately the same can't be said for a lot of TSLA shareholders.

Elon Musk has lost a bigger fortune than anyone in history

By David Goldman, CNN Elon Musk’s wealth destruction has become historic. The CEO of Tesla, SpaceX and Twitter is worth $137 billion, according to the Bloomberg Billionaires Index, good enough for second place on the list of the world’s richest behind LVMH Chairman Bernard Arnault. But at its...
abc17news.com
 
Interesting isn't it, the only difference between a successful Musk/TSLA and a unsuccessful Musk/TSLA, is ownership of a media? Hmmm maybe he should just revert back to singing from the song sheet, then everything will go back to happy and normal, in the kingdom . ?
 

Yes, investors are fickle people aren't they ?

There is probably nothing wrong with Tesla's business model, they are selling a good product at 'reasonable' prices, but investors have marked down the company over fears its CEO is going off the rails.

It's probably not rational, but hey, the market is always right, right ?
 
Who say's he is going off the rails?
 
He hasn’t really lost anything though, he still owns the same assets, just the market price other people are trading their shares at has changed.

Think of it like the price that farms trade at changing daily, does the family that holds their farm planning to farm in for the next 20 years lose or gain anything from daily movements, I don’t think so.
 
sptrawler said:
Who say's he is going off the rails?
Click to expand...

Well I think there must be apprehension in the minds of TSLA shareholders that Musk's attention is being diverted from making them money into some quasi-political flag flying operation at Twitter.

Just look at what TSLA share price is doing, sure there are some internal effects like chip shortages and so on but that can't be the whole reason.
 

Yes it's a paper loss, but the value of assets at any particular time is what you can get for them at that time.
 

What happened during the GFC?
 

I've always said it's dumb that the media quote oligarch net worth by multiplying their share count by the current price. It's as dumb today to say he lost money as it was last year to say he was the richest man in the world.

The only difference in this case is that he stupidly margin'd his Twitter acquisition using Tesla shares.


The insinuation that Musk net worth going down because he's not toeing some imaginary line is absurdly stupid.

TSLA is eating it because, aside from beta to US growth stocks in general, people aren't buying the cars, leading to all time high inventories.

Nothing special. Just like all the other growth stocks that were priced for perfection and coming off that as the fundamentals play out less than perfect.




sptrawler said:
Who say's he is going off the rails?
Click to expand...

Anyone paying attention to the crazy **** he's been doing.
 
You must log in or register to reply here.

Similar threads

Electricity investments
Replies
8
Views
2K
Smurf1976
February 2025
2 3 4
Replies
64
Views
14K
ducati916
July 2025 DDD
2 3
Replies
45
Views
7K
ducati916
August 2025 DDD
2 3
Replies
54
Views
7K
ducati916
R
Scale Economies
Replies
3
Views
2K
RickyY
R
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...