- cross-posted to:
- enoughmuskspam@lemmy.world
- cross-posted to:
- enoughmuskspam@lemmy.world
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Elon, yangot a 50 bil payout, just finance your dogshit website.
The problem is that his payout, like the rest of his fortune, is in exceedingly overvalued Tesla stock. So using that to finance Twitter means selling, and every time he sells the price takes a hard dip because Tesla investors know they’re standing on a soap bubble and they are extremely nervous about it bursting. Any sudden uptick in sales pressure is liable to cause a small avalanche of investors abandoning ship.
The process of buying Twitter alone cut his net worth by half because of how much it cratered the Tesla stock price.
Hahah, so him personally bailing out Twitter with a cash infusion would kill Tesla in the process?
What a world.
“I do shoot myself in the foot from time to time, but at least you know it is genuine, not from the PR department,” he admitted.
He’s been brainwashed by his fans if he thinks that somehow makes it better.
Like, authenticy is good for good things, but it makes shitty things even shittier. It’s not a value that’s always good in every context. And the worst thing he could be doing is doubling down on his opinions and policy.
If he left the company is the only way this would help, he wouldn’t even be a fall guy because most of this is entirely his fault