Frankly given the money he's poured down the twitter drain, he needs Tesla to be an ongoing success.
I read only last night that they delivered more cars in the last quarter than any previous quarter, so they still seem to be on an upward trajectory.
An interesting read about the large financial penalties twitter are likely to face in the near future, and a prediction that will trigger Musk to make the company bankrupt to avoid having to pay them...
https://every.to/p/how-much-longer-can-twitter-last-really
More like $46.5bn, as he had to also fund c$2.5bn of closing costs. Funding was roughly...
Musk's initial twitter holding - $4bn
Musk's cash from selling Tesla shares - $20bn
Investors (Larry Ellison and the Saudis) - $7bn
Bank loans (secured against twitter itself)- $13bn
It seems to be...
The "simple" bit is where you are going wrong.
One thing I've learned in my career - largely spent in systems development - is every business and system looks really, really simple from the outside.
Share registration: just a list of names, addresses and how many shares each person owns...
The rollout of Twitter Blue / $8-for-a-blue-tick was an unmitigated disaster. Lots of people with lots of knowledge of twitter, how it performs and how bad actors were likely to behave on the platform told Elon this. He ignored them, rolled it out and then had to hurriedly cancel the whole thing...
It's really not.
It may look that way as an end user who primarily scans down a feed and makes the odd tweet themself, but there will be many, many facets that you'll be unaware of, not to mention all the back office administrative functions and interfaces, the advertising management engine...
Oh FFS. I just opened up twitter (as NSC) and this was the tweet at the top of my timeline feed thing...
About the RTed tweet it said:
Age-restricted adult content. This content might not be appropriate for everyone. To view this media, you’ll need to add your birthdate to your profile...
Is anyone else following this fast-moving soap opera?
$8/month if you want a blue tick.
Half the company sacked today. If you couldn't login to your email then you were gone.
Numerous blue-chip advertisers pulling the plug, temporarily at least.
This was funny though.