- cross-posted to:
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- cross-posted to:
- [email protected]
Musk’s repeated outbursts against advertisers have dried up the main source of revenue for the loss-making company formerly known as Twitter. A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped. At some point, he will have to provide a fresh infusion of cash to salvage his $44 billion takeover.
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I have to give Musk credit. At least he help narrow my car buying decision to know at least one brand that I’ll never buy.
He also removed an option for home battery storage solutions for me.
I was talking with a solar company about a solar install with battery storage last year, and they only offered the Powerwall as an option. I literally laughed at them and said there was no way I was tying an enormously expensive piece of home infrastructure to Tesla, because they couldn’t guarantee it’d keep working if Tesla decided to shift direction.
I have rejected every one of the endless stream of door to door solar panel sellers primarily because not ONE would leave me substantial documentation of any kind to decide if I wanted to talk to them - the only thing they wanted was a full “consultation.” My view is that if you can’t give me something that illustrates genearlly what you are about to pitch to me, then you probably just want the chance to apply some shady sales tactics.
Were these door to door guys? Did you go with them? Do you have any opinions on the door to door guys? 🙂
No, this was part of a group buy program in my area, which was designed to reduce prices. I ended up turning them down because it was still more expensive than it seemed like it should be, and they were going with an older single inverter system instead of a newer and more efficient micro inverter system.
I’ve heard the door to door guys tend to massively upcharge. I haven’t had any come through here, though, so I don’t have any direct experience.
Thanks! (Sorry for the late reply.) Any particular resources you’d recommend for research? Everything I find googling is either immediately clearly an advertisement, or becomes clearly an advertisement as I continue reading.
Honestly I don’t have anything specific I’d recommend. When I was looking into it, I just did a ton of reading on forums along with articles about how to get everything set up. I also looked at the prices I was offered compared to the prices I’d be able to pay elsewhere, and got quotes from several different companies.
In the end there were a bunch of reasons I didn’t go with solar. I really love it as an idea, and I really want to do it, but it’s enormously expensive. There are lease options, but they’re also expensive and many of them seemed predatory. My utility ended their purchasing program for solar-generated power, and I’m still required to pay a large monthly fee to be connected to the grid, so I couldn’t plan to offset my costs there either. The tax credits are helpful, but you still need to pay up front.
Thanks! I appreciate this analysis - and predatory is exactly how I felt about the people who came to my door, even if they were polite and friendly, and even though I couldn’t seem to dig out that word.
There are many reasons to avoid Tesla, regardless of Musk. The complete lack of independent repair was my deal breaker, but you’ll find your own. Their competition is looking pretty good these days, too.
Super Helpful!
Whats interesting is the NRA spent billions in TV propaganda running a news channel and that venture ended up bankrupting the whole organization. It looks like musk is falling in the same trap
Free market capitalism will say to let it fail.
Oh that’s okay they’ll make an exception for him. He’s too rich.
Free market only matters when adhering to it fucks consumers.
The market couldn’t bear his fragile, bigoted ego.
HATERS will say it’s fake
Big if true.
deleted by creator
BIG
*if true
if (mode(FREE_MARKET_CAPITALISM) == TRUE) { big(); }You don’t need
" == True"except if it’s the name of a variable that’s not boolean, in which case it wouldn’t make sense to name it “True”.-1
You do realize this is a joke, right? That this is not a programming community, so a little clarity of said joke may be beneficial?
Sometimes it’s better to go with the flow, and not overthink things. 😊
You do realize that was a joke?
I know I’m just a big nerd 😆
Some languages have nullable booleans where evaluating them directly may lead to errors. An example is PowerQuery M, which is designed for data queries and transformations, where “no value” may be distinct from “false”.
The syntax of the example most definitely isn’t M, but I’m just saying, such languages exist.
This guy ifs.
Maybe, or they else.
Why not both?
If teitter went away tomorrow…wed all get on with our lives.
Why do you think he strongarmed Teslas shareholders into that big pay day? He’s known this was coming, y’all. Tesla’s just paying for his misadventure.
Is this why he’s kissing trump’s ass? Does he think the orange sandwich has the ability to help him if orange shit stain becomes president?
Might try to convince the Trump cult to take it off his hands
Or maybe he’ll just have to sell Twitter.
Or maybe Twitter’s debtors can place a lien and sell it right out from under him.
Kinda curious about what if Twitter were nationalized…? Like, make it a service of the USPS or something? Force it to become accountable to its users?
Well they sure couldn’t break it any worse than Elon did.
Do you want your taxes to be spent on Xitter development and support?
Arguably, it’s used as national communications infrastructure so, yeah, I would want taxes to be used for developing and maintaining it. Same as any other national infrastructure.
First things first: let your taxes fix the healthcare system.
Mediocre and out of fashion Xitter doesn’t really seem to be an important part of national wellbeing.deleted by creator
Trump wins and then appoints Elon to head of Twitter. That sounds worse.
The only issue with nationalizing it is that it will be probably even worse for moderation than under Elon. Private enterprises currently enjoy protection for moderation decisions. If it were nationalized any moderator action would run up against the First Amendment directly. Elon could ban Nazis (he doesn’t but he could). A government controlled entity cannot.
That’s the part of owning a business, Elon. Making numerous mistakes costs money.
why would anybody save twitter
Ego.
To be king of the shit pile
wait i thought that was my role here
That’s because it is almost exclusively tied up in his various corporate holdings that include everything from rocket builder SpaceX and brain chip company Neuralink to his latest startup, xAI.
None of these investments are easily fungible. Only Tesla is a publicly traded company. So the easiest solution at his fingertips is to liquidate a portion of his remaining 12% stake.
Let it fucking burn.
Notice he isn’t going to put his SpaceX shares up for sale.
I’m noticing, but failing to see why that’s significant. Is something interesting going on with spaceX?
He’s using Tesla, a publicly traded company, as a piggy bank and transfering wealth from it to the privately owned Twitter and SpaceX. This is stealing from Tesla shareholders but because they’re fucking idiots they’re just letting it happen instead of dumping their stock and suing.
I don’t know much about trading stock, but I do know SpaceX is not a publicly traded company. That means his buyers for those shares are super limited, so each potential buyer would likely be super wealthy and would have more say over the company than any one individual in the horde of public buyers that would buy up the Tesla stock. Plus, him needing to divest from Tesla might actually drive Tesla stock up a little (eventually), since he won’t have as much control of the company as he did before. It seems he would still be the largest shareholder after the selloff, but this would close the gap between him and the next largest shareholder. He owns over 3x more Tesla stock than the next largest shareholder.
I’ll give him a 1099A and two Fox Stamps for it.
I’ll give him a flick to the nose and shoelaces that are tied together
He’ll probably just get tesla shareholders to gift him the money. They’ve shown they’ll sign off on pretty much anything he asks for.
That’s because he installed his family and sycophants into the board at Tesla. They were literally put there to vote for whatever he wants. The shareholders approved the board appointees, and now they’re completely fucked unless someone calls for a full replacement of the board of executives at Tesla.
It’s his company, for better (unlikely) or worse (very likely).
Edit, for reference.
His brother is literally one of the board members.
Musk: How about a multiple billion dollar pay package?
Sane people: You’ve already had it.
Musk: I’ve had one, yes. What about a second multiple billion dollar pay package?The thing y’all keep forgetting is that it’s mostly in stock. He has HUGE incentive to keep Tesla going successfully, because of the immediate impact of the stock price on his wealth
Even if I didn’t know that, after 10 seconds of thinking it would be clear that a company that made about $46bn in the last four years can’t just pay out more than that in actual money, they don’t have the cash reserves.
For him, he can borrow against the stocks, so it’s about as good as money, maybe not 100%, but still a sizeable amount.
I think it’s dumb to agree to goals and compensation / rewards after the goals have already been met. I can’t go to my employer and retroactively demand more pay for previously agreed work, even if it turned out better than he or the customer expected.
I think Tesla stock holders were mislead and / or stupid, there’s no dividend so the only way to profit is to sell at one point, and Tesla’s position in the market is only getting weaker by the year. Outside of their car business, they have nothing of interest, though some people will never tire to emphasized that Tesla is a tech company - just what that concrete tech is that other companies or customers will want is still somewhat of a mystery. Same if it justifies current market evaluation.
I wouldn’t bet against Tesla stocks - I know the market can stay irrational longer than I can stay solvent.
Given Musk’s recent behavior alienating his potential core customers, he is a liability rather than an asset. The cybertruck damaged the brand, the semi which was delayed by 3 years does not fit the needs ICE trucks do, rental and other companies are phasing out Teslas because of their fast depreciation- but robotaxis will fix it, right?
How anyone has a positive outlook on their performance with him as the CEO is almost beyond me, but if you assume there’s a personality cult, it makes sense.
I don’t understand how you can sue a company that doesn’t want to advertise on your platform
You can sue anyone for anything. It’s just a matter of how long you fight it before it gets thrown out.
Apparently, in this case it didn’t take long.
I think he sued some sort of industry group, not specific companies.
From what I understand, they’re trying to (mis)use a law to the effect that companies cant all get together and boycott a competitor in order to try to drive it out of the market. If my understanding is correct then, for example, if say Ford and GM and such happened to also run electric taxi businesses, and those taxi businesses bought cars off the open market where in theory they should buy whatever they think gives them what they need at the best price, even if from another car maker, then it wouldnt be legal for them to all go and say “we make electric cars, and Tesla does too, so lets not buy anything from Tesla, regardless of how cheap or good their products are, so they lose business” (Assuming that the Teslas in question would in fact be perfectly suitable for said taxi companies needs that is). They’re trying to sue an advertising industry group, claiming that they’ve done this kind of thing. Except the members of the group in question arent really competitors to Twitter, and in any case, the quality of advertising is thought to diminish if the ads are next to objectionable and bigoted content, since its thought to hurt the advertised company’s image, so if my understanding is correct, it should be simple enough for them to argue “We’re not colluding to hurt your company, your product just isnt up to our standards so we arent buying it”
