Exactly, it would have made a lot more sense for him to just start his own social media company, or he could have just bought truth social.
Unless, this was the plan all along.
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Exactly, it would have made a lot more sense for him to just start his own social media company, or he could have just bought truth social.
Unless, this was the plan all along.
The dude paid $44 billion for a company that was only worth $33 billion and is now only worth $15 billion. So yeah, it's safe to say he purchased a sinking ship just so he could use it as a megaphone for his wackadoodle tweets as it makes its way down to Davy Jones's locker. Billionaires and their toys I guess.
wasn't the platform supposed to be dead by now? 🤣
I guess that means that the value of Tesla stock is more like a pyramid scheme, where the shareholders who bought in early reap the benefits of the dummies who continue to buy shares based on Elon's memes and false promises?
It’s all rated X now! 😂
Must think like license plates the fewer letters the more valuable the trademark is, at least the party that convinced him of that. 🤣
it was circling the drain when he acquired it, but I wouldn't bet against him making a go of it in the end. He's got a hell of a track record for an incompetant in the midst of a midlife crisis who is busy organising the fourth reich.
Lets be honest most of the citicism of Musk boils down to 'wah wah wah i don't like his views' and that's fine you don't have to.
They have all been changed… speaking of right now
Attachments
The platform we're discussing. Revisit tech news articles November 2022 to refresh your memory.
I mean I know you're trying to get me to say "Twitter" so you can say "well Twitter doesn't exist anymore". Sorry to burst your bubble.
“The purpose of a company is to maximize profits.”
Not necessarily. I run two not-for-profits.
But for-profit companies can also skirt the maximizing profits motto. Mostly private corporations; or sole-proprietorships trying to get back some tax on their regular tax paying real job. All kinds of those examples.
No, wasn't trying to get you to say anything-- I didn't know if you meant Twitter or Tesla, before or after the Great Debacle.
No, Twitter wasn't supposed to be dead by now. It would have been worth less then if that was true...
It's worth less now though.
Thank you, you saved me the trouble of replying in depth to say the same and maybe cite Thunderf00t and Adam Something. Musk really is full of crap; maybe not as much as Elizabeth Holmes was, because they do seem to be at least trying, but close.
He fired the team who handled those changes so...They have all been changed… speaking of right now
But other automakers won't be necessarily as dumb as GM is with its inevitable CP/AA competitor debacle (yes, I like using the entire acronym because they really are stupid to the point of also forgoing Android Auto, and that predictably abominable in-house thing will likely be as successful and long-lived as the Zune or CurrentC 🤦♂️) or as sleazy as BMW and their heated seat subscription, and both should serve as an interesting cautionary tale.
Did I say Tesla would go bankrupt overnight? No. (Twitter/X, on the other hand… 😂)
Is Musk full of crap and always failing to meet deadlines and deliver on promises? Yes.
Does Tesla offer some interesting and free-of-charge customer-facing software features and updates? Yes.
Could Tesla also start monetizing some or all of those on a whim? Big, fat YES.
Can other arguably much bigger competitors, buoyed by CP/AA, ape Tesla, 1990s Wintel clone-style, to the point that they eat the pioneer's lunch because they are more experienced and can scale better globally? Yes.
Are any of these factors mutually incompatible or exclusive? No.
Hotel? Trivago.
Here's the thing: you like to cite numbers; I, on the other hand, look at history, strategy, design, corporate structure, etc., in a much more holistic way (and, in Tesla's case, it includes Musk's stupid shenanigans at his other ventures, and even if they get rid of him in time not to fail miserably, you can bet he'll do some damage and that may lead to consolidation – maybe not to the death of the brand itself, but we know perfectly well how those mergers and acquisitions work, I don't have to explain it here in detail). I don't give a damn about present numbers (other than maybe Apple's massive war chest and obscene quarterly profits), because they can change radically and very much against whatever trend lines you draw from them. The fact of the matter is that there's no absolute way to predict how CarPlay and Android Auto will evolve, but… are you seriously arguing that Tesla can go indefinitely against Apple's and Google's economies of scale and expertise, and come out completely unscathed? Forget that you own a Tesla for a moment, look at it objectively, and think.
For sure, Tesla is Musk's most successful company strictly from a UX standpoint (and makes Twitter look like, well, an effing joke, which is mildly interesting considering how Musk was supposedly redirecting some of Tesla's engineers to lend the remaining few H-1B visa slaves at Twitter a hand, kind of like Apple frequently does with its now partially challenged functional organization), and the features it offers do look user-friendly and novel and I have no reason to doubt you on that (nay, I actually read on and appreciate them, and until Musk went completely berserk, they did lead me to think I'd consider a Tesla if they ever entered the Leaf's/Micra's turf – I daily drive a Micra, and yes, that's a perfectly normal car for a single worker in a mid-sized European capital, not a chonker of a Model 3, but I also have access to a Qashqai and a passenger Berlingo, which, combined, could almost carry an entire soccer team, so my dad could very well look at a Model Y himself). But, I mean, until they really deliver on FSD, which, much like Bluetooth for more than a decade before it, “will work great next year™” apparently on a now perpetual basis, they can only offer so much in the way of novel features to keep the barbarians (CP/AA-using manufacturers) at the gate.
And with Elon constantly behaving as a raging cryptofascist, on top of being as consistent and dependable of a businessman as a snowflake on a midsummer night…? Not even my brother, who first excitedly introduced us to Musk's elated speeches at SpaceX and Tesla years ago at our dinner table, when even the Model Y was but a mirage, would touch any of those with a ten-foot pole now, and he isn't exactly a very political guy, but dammit, we all have standards. 🤷♂️ Also, you may not follow European politics, but while some countries' electorates will happily embrace Muskovites and Putinettes alike, others (like, say, that from my home country, Portugal, or our neighbours in Spain, and look no further than their historical general election yesterday, where the Far-right was obliterated out of sheer fear triggered by some disturbing polls that all but put them in government) are really weary of financing idiotic Far-right enablers like Musk. Don't discount the weight of his inane statements on the ongoing war and questionable policy regarding Starlink access in Ukraine, the way he manages Twitter, etc., on consumers' choices. At present, I'm certain he's much more of a liability to Tesla than an asset.
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I'm responding to "dismantling of Twitter". why would it be Tesla when Tesla isn't a platform?
no? twitter.com still has SEO value.
Never accused you of saying so. But all companies fail at some point in the future. So saying "if Tesla ever goes into liquidation" is practically meaningless, especially when Tesla is posting healthy margins, even when it's declining than the quarter before.
Always? Wrong.
One example:
Tesla surprises everyone by delivering the Model Y ahead of schedule
Model Y is built on the Model 3 platform, saving time and development costs.
arstechnica.com
Irrelevant anyways.
Which proves Tesla isn't trying to maximize profits.
Again, all companies die at some point in the future. Practically speaking, it's extremely unrealistic any of the current big automakers will be able to buy Tesla.
Ridiculous points.
Because Tesla stock funded Musk's purchase and Tesla donated their CEO to the cause.
Isn't that the equivalent of "don't throw that out, I can still use it to line the dog carrier"?
I mean if you want current volume, look at 3/Y. Health margins at high volume. Tell me again how VW is going to buy Tesla.
3/Y isn't BS. Also their industry leading margins aren't BS.
Elon said Model Y was coming fall of 2020 and started deliveries 6 months early. And?
People said shanghai factory couldn't be built in less than a year. It did. And?
Plenty of hits as well as misses. Never said Tesla is 100% correct about everything they say.
Because Elon could absolutely predict COVID -> parts shortage -> sky high prices -> record level interest rates to the point where many people cannot afford to borrow money for a solar roof, right?
Terrible arguments.
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That's not the purpose of Tesla, no. That's Elon exercising what he wants to do with his compensation.
Imagine thinking Amazon exists to fund Bezos' wife's plastic surgery because he sold stock to pay for the operation.
Come back when realize how much value SEO brings to many companies, especially when a company relies on ads for revenue.
lmao the carbon credits. what were people saying before? Tesla can't be profitable without carbon credits? now that reason just got demoted to "Tesla shouldn't be selling carbon credits just because...?". if it was so easy selling carbon credits, why can't all automakers do it better than Tesla? building an EV is currently difficult, therefore companies that do, should be rewarded.
their margins are leading the industry. young CAR companies should absolutely not be making 20% margins especially when ramping up factories.