trust him to do what?

So almost all of the legal talking head chatter I have been listening to on this purchase say Elon's hand was forced, as all key legal advisers were advising him there was a high likelihood he was going to lose the court case and be forced to buy it, so better to do it voluntarily than to be seen to be forced.

That is very different than both you and I thought was likely or even really possible at the beginnings of this process. That while forcing a sale by a reticent seller to a willing buyer certain happens, it is far more difficult to force someone to buy due to the fact that even in good will purchase attempts occasionally financing does not stand up and the deals fall thru, so how can you then force the completion of a sale?

I guess the answer in this case is that no examination of Elon and his partners financing capacity would find they COULD not put together the money to pay, even if they found distasteful to do so.

Anyway, this will go down, imo as one of the biggest gaffs by major player in the markets. I cannot see any reason to sign a contract that has a break up fee ($1B) that obligates you regardless to complete the contract and not just pay the fee to walk away. It shows a level of hubris by Elon that nothing (markets, his financing, his diligence, etc) can go wrong because he believes he knows enough to commit and get it done. I see no way his legal advisers were not screaming about the red flags about that, as they do, and that he did not just hand wave them away, as the type of 'negatives' that lawyers always raise, but that he knows better, because most times the deal will close.

Thoughts?

Trumo will be back on twitter! wanna bet?
need to celebrate this as this is a major step to freedom and free speech! the big tech is done.

now i can forgive elon for all his sins.

you see that? the bird is freed!!

Trusting Musk is a bad idea

Trump back on Twitter may be a good thing. All the crap he spewed did not go over well with Independant voters.

We all know there is a large % of folks that will vote GOP no matter what and the same for the Dems

Like the one Georgia voter said When Trump was off twitter many forget how nuts he was

It's possible that the financing partners have good enough terms that they still want to go through with the deal, in which case they probably testified to that effect. Elon's internal communications may have been reckless enough to expose him to additional liability beyond the break fee if he didn't go through with the deal. In other words, even if he had a >50% of not being ordered to go through with the acquisition, going through with it may have been better from his perspective than the alternative. Twitter may have made some minor concessions that tilted the calculus.

In sum, it's hard to know for certain. But I obviously agree that this will go down as idiotic execution by Elon.

Why would I need to trust him though? If he makes Twitter suck I can just leave. If you mean you can't trust him not to try to control and shape the information you are receiving on Twitter, that problem already existed with the old management.

Idiotic execution for sure, but I think by the medium term this will be a big financial win for Elon. Twitter management has been known to be like a kindergarten for over 10 years, since well before all the canceling and moderation stuff. If Elon's people execute even half as well as they have with SpaceX and Tesla, Twitter will turn into a cash flow firehouse.

I didnt say its a good thing. Its a good thing in general that speech is free. Its not only trump that got cancelled. thousands more got cancelled. probably hundred of thousands. hunter bidens story was cancelled and many more. You said something about masks or covid you got cancelled. And they had to walk back a lot of things, but the damage was done.


Experts said that is dangerous and harmful, you cant speech police everything.

Id go with the risks. he is a healthy counterbalance in the mix.
otherwise they all go to the chans and radicalize themselves.

I have said before Elons only path to real success with Twitter is if he can impart upon it the Elon mystique, where, quiet frankly bottom line results and unachievable promises do not matter, as everyone just buys the hype and gives him the valuations as if he has achieved all of his stated aspirations.

His best path IMO is to take Twitter private for a while, do somethings that clean it up or not, and then relaunch it in a new IPO on mass promised new business lines and successes and get Cathy Wood on board. Not only is Twitter going to be the primary Town Square of the world but because of that and 'Convergence', Twitter will lead in robo taxis and AI and Payment technology.

I do not mean an ounce of hyperbole in any of that as few of Elons pronouncements on Tesla are even remotely grounded in reality or any real path to being achieved but his stock buyers assume they will be achieved and give him the stock valuation as if they were, up front. And thus he should use the same strategy for Twitter. I am not saying Tesla has not achieved some great things but its value is not, in any way attached to what it has achieved and is entirely predicated on it getting massive wins in all the areas Tesla has zero business currently in but Elon simply says the Tesla platform will allow them to dominate via 'Convergence'.


Elon needs to create a Twitter mythos that matches the Tesla mythos and it will then be a huge win for him.

https://www.theguardian.com/technolo...r-civil-rights

I did a pretty extensive break down, in the BFI Elon/Tesla thread of how disconnected from reality Elons projections for Tesla were and how much 'Belief' was being vested in that stock.

If you look at the analysis by someone like Cathy Wood, who attributed a 10X+ lift in even Tesla's highest prices it involved Tesla dominating the car market to the point of almost shutting out all other players while keeping margins high, dominating robo taxis and shutting out the other players. Dominating AI and robotics. And so many other areas all based on the position that the Tesla car was the perfect centre of the coming 'Convergence' of all these different areas and that would allow Tesla (Elon) to dominate them all. Similar to how Windows allowed Microsoft to dominate the PC market and then dominate many of the emerging areas of PC growth by just using the Windows platform (bundling) to get them market share.


So for Twitter the play is 'Twitter will establish itself as the world most important Town Square. It will be the place where the world comes for news and discourse and information. From that we will be able to leverage and control "Payment' transactions, Online commerce and sales, and data aggregation and sale' shutting out companies like Facebook, and Google and Apple, etc.


They don't say the 'shutting out part' and just let everyone assume that as they do with Tesla's valuation assuming that current automakers will not have massive share in a growing EV market and that Tesla's early dominance will continue as the market grows. That Tesla will be able to the Mass Manufacturer while also managing to maintain big profit margins.

I argued with many Tesla longs who said Tesla would be able to do both. Shut out substantially all of the other players by also offering the low end commodity type cars where people only really buy based on price and not features while maintaining the types of big profit margins needed to justify the stock price. They saw no conflict in being both the commodities low end seller to hit volume requirements while also maintaining high margins and just believed at even at the low end cars people would pay an "Elon' premium so he could enjoy the margins required.

Yep yep.

strawman?

trust him to do what? who said anything about trusting him

What strawman was created

Wait, you mean he isn't tony stark saving humanity from bad guys?

Idk about all that CIA regime change stuff. (Your reality seems fun- like a never ending game of fill in the blanks). I can just go by what I'm aware of. I'm aware of the never ending government grants and loans, and I'm sure you don't get that by opposing their agenda. I'm sure he is heavily involved in government affairs, but I won't start posting regime change tweets lol
He is the most successful sales man of all time, a chronic scammer and more PT Barnum than engineer. Nigerian scammers should all have a poster of him in their boiler rooms. Any adult who looks upto him as some idealized earth saver is a complete rube and deserves to be parted from all their money.

I'm just going off the thread title

Lulz.... Elon should hire these 2 guys

https://nypost.com/2022/10/28/pranks...media-outlets/

sounds like you agree with luckbox

I sure do as well. I mean I think he proly overplays the whole CIA NWO thing, but I def agree that Elon aint doing **** without approval from the security state on some level.

and with all of the power and access that Elon has, it sure makes sense that he is feeding some of it to these deep state spooks. I tend to think Elon is not super important on regime change and large resource allocation, but I also think that necessarily few people are. most are just cogs. thats the beauty of our society and capitalism in general. at this point it runs itself.

Tesla should have went bankrupt about a dozen times, but the ruling class wants to phase out gas powered cars and needed someone to lead the way.

So what's the point?

I really don't know. Free speech definitely would not seem to be part of the agenda so I'm confused as well.

The article seems to suggest that he can't be trusted as someone who believes in free speech because he is involved with defense and intelligence. But it doesn't say that explicitly, it sort of implies it. If that's the point it's crap because I've known lots of people involved in that who believe strongly in free speech. The fact that the point of the article isn't clear means it's poorly written at a minimum.