It's always someone else's fault.
― immodesty blaise (jimbeaux), Friday, 16 December 2022 14:28 (one year ago) link
Imagine having a midlife crisis on this scale. It's like one of those mortifying failed public proposals of marriage but as a worldwide simulcast event on all major television networks.
― Beautiful Bean Footage Fetishist (Old Lunch), Friday, 16 December 2022 14:36 (one year ago) link
fucking Dan Price in that twitter spaces conversation
― I? not I! He! He! HIM! (akm), Friday, 16 December 2022 14:38 (one year ago) link
ya I mean Trump could get away with this because he was a powerful political figure who could actually make life miserable for people in very real ways. all Elon has the power to do is ruin a social media company and tank Tesla stock. everyone is laughing at him too much to really be mad and the only people really getting hurt are those who stupidly put their life savings into his stupid company. the right wants Twitter to stick around more than the left does and it's gotta drive 'em crazy knowing the only winners in this whole situation were the people who managed to convince Elon to buy it for $44 billion
― frogbs, Friday, 16 December 2022 14:38 (one year ago) link
checkn muh stonks
https://i.imgur.com/LCW97H4.png
― mark s, Friday, 16 December 2022 14:44 (one year ago) link
uh oh
News about arbitrary suspension of journalists on Twitter is worrying. EU’s Digital Services Act requires respect of media freedom and fundamental rights. This is reinforced under our #MediaFreedomAct. @elonmusk should be aware of that. There are red lines. And sanctions, soon.— Věra Jourová (@VeraJourova) December 16, 2022
― lag∞n, Friday, 16 December 2022 14:57 (one year ago) link
ya definitely worth remembering even if Elon actually gets some sleep and somehow realizes how bad he's screwing this up he's still set a ton of lawsuits and sanctions in motion, not least of which involves all the labor laws he flagrantly violated
― frogbs, Friday, 16 December 2022 15:01 (one year ago) link
Given recent behavior I'd expect him to just cut off service in any country that tries to sanction him. Which would just make things worse for the company's financial prospects, but that clearly is not factoring into his decision-making at the moment.
― a man often referred to in the news media as the Duke of Saxony (tipsy mothra), Friday, 16 December 2022 15:06 (one year ago) link
paranoid meltdown
― | (Latham Green), Friday, 16 December 2022 15:09 (one year ago) link
aren't there entire countries who are either locked out right now or can't get 2FA to function because Elon fired all the people who knew how it worked?
― frogbs, Friday, 16 December 2022 15:14 (one year ago) link
I think there’s a very real possibility this guy goes broke.
― Allen (etaeoe), Friday, 16 December 2022 15:15 (one year ago) link
If he does, I hope it's because he made it his life's mission to spend all his money buying various social media sites and turning them into MySpace overnight.
― Beautiful Bean Footage Fetishist (Old Lunch), Friday, 16 December 2022 15:18 (one year ago) link
New 52 week low and falling
― bit high, bitch (gyac), Friday, 16 December 2022 15:27 (one year ago) link
$TSLA's recent 52 week low makes a lot more sense now that it's been revealed elon dumped $3 billion worth of shares into the market. lol @ calls for a share buyback
xp!
― 龜, Friday, 16 December 2022 15:27 (one year ago) link
lol it lost half its value in exactly 3 months. isn't there a point where the Tesla board just forces him out? how low would it have to go for that to happen?
― frogbs, Friday, 16 December 2022 15:34 (one year ago) link
teslas in a tough spot 99% of its value was based on the idea that elon is a genius and a real good boy
― lag∞n, Friday, 16 December 2022 15:43 (one year ago) link
pre-covid it was trading around like $20, then it shot up b/c it was a meme stock and also ZIRP. so probably will need to drop back down to $20
― 龜, Friday, 16 December 2022 15:50 (one year ago) link
Yeah the most shocking thing about the Tesla price isn't how far it's fallen, it's how much it shot up in 2020 — based mostly on forth and excitement about "self-driving cars" and Musk's success at selling himself as a visionary. And helped a LOT by the weird pandemic investing environment. Like, even now the share price is triple what it was in February 2020.
Here's a good and somewhat prescient analysis from a year ago: https://www.investopedia.com/why-tesla-skyrocketed-during-pandemic-5211590
"During times of excess, fundamentals take a backseat. And so it has been with Tesla."
― a man often referred to in the news media as the Duke of Saxony (tipsy mothra), Friday, 16 December 2022 15:54 (one year ago) link
froth and excitement, I mean
― a man often referred to in the news media as the Duke of Saxony (tipsy mothra), Friday, 16 December 2022 15:55 (one year ago) link
― lag∞n, Friday, December 16, 2022 9:43 AM (twenty minutes ago) bookmarkflaglink
lol yeah they're in a real unique spot, just think of all the value that could've been saved if someone could convince Elon to just shut the fuck up once in a while
kind of amusing how TSLA's stock graph pretty much mimics Bitcoin exactly
― frogbs, Friday, 16 December 2022 16:05 (one year ago) link
investing for dummies
― lag∞n, Friday, 16 December 2022 16:09 (one year ago) link
elon was pretty much on track and on message til the stock went crazy, becoming the richest person pushed him over the edge
― lag∞n, Friday, 16 December 2022 16:10 (one year ago) link
yeah i kind of forgot that he's only been the world's richest man for like 2 years. maybe if his wealth accumulation had been slower and steadier like bezos it wouldn't have gone to his head as much
― 龜, Friday, 16 December 2022 16:12 (one year ago) link
tesla was on the verge of going under for years he must have felt so vindicated when it went to the moon
― lag∞n, Friday, 16 December 2022 16:14 (one year ago) link
yeah he's basically the biggest lottery winner ever in history, not surprising his life is flaming out
― 龜, Friday, 16 December 2022 16:17 (one year ago) link
not sure if we talked about how he supposedly 'donated' $5.7 billion in stock to a charity last year (which saved him $4 billion in taxes) and that charity turned out to be himself lol
https://news.bloombergtax.com/tax-insights-and-commentary/elon-musks-5-7-billion-stock-gift-had-some-surprising-benefits
https://www.businessinsider.com/elon-musk-mysterious-charity-donation-went-to-musk-foundation-report-2022-12
― 龜, Friday, 16 December 2022 16:18 (one year ago) link
I will go out on aa limb and say massive fraud is involved in Tesla's stock price (like Bitcoin!), too.
― Lord Pickles (Boring, Maryland), Friday, 16 December 2022 16:19 (one year ago) link
you're not really going out on a limb everybody has thought that for years https://en.wikipedia.org/wiki/TSLAQ
― 龜, Friday, 16 December 2022 16:20 (one year ago) link
It was a legitimate charitable donation, he gave that stock to the Human Fund.
― immodesty blaise (jimbeaux), Friday, 16 December 2022 16:24 (one year ago) link
ah interesting
News from @maxwelltani : NBC News has suspended @oneunderscore__ from appearing on air, over Musk criticism it thought crossed the line https://t.co/9zMkQgbxM1— Ben Smith (@semaforben) December 16, 2022
― lag∞n, Friday, 16 December 2022 17:12 (one year ago) link
tbf that guy does kind of suck
― 𝔠𝔞𝔢𝔨 (caek), Friday, 16 December 2022 17:13 (one year ago) link
no hes cool he follows me
― lag∞n, Friday, 16 December 2022 17:14 (one year ago) link
you're not really going out on a limb everybody has thought that for years https://en.wikipedia.org/wiki/TSLAQ🕸
― bit high, bitch (gyac), Friday, 16 December 2022 17:30 (one year ago) link
all according to plan
And soon, ladies & gentlemen, the coup de grâce— Elon Musk (@elonmusk) December 16, 2022
― lag∞n, Friday, 16 December 2022 17:39 (one year ago) link
Bari Weiss is bad now
What should the consequence of doxxing someone’s real-time, exact location be? Assume your child is at that location, as mine was.— Elon Musk (@elonmusk) December 16, 2022
― bit high, bitch (gyac), Friday, 16 December 2022 17:40 (one year ago) link
🤣🤣🤣— Elon Musk (@elonmusk) December 16, 2022
Just a good ol’ South African boy loving those Mandela jokes
― The Beatles were the first to popularize wokeism (President Keyes), Friday, 16 December 2022 17:42 (one year ago) link
Having heard him get awkward and agitated almost immediately on that space before he left it, the emojis are even funnier now, basically him afaicthttps://i.imgflip.com/2/1nhqil.jpg
― bit high, bitch (gyac), Friday, 16 December 2022 17:45 (one year ago) link
god these stories start eating their own tail so quickly, I'm not even sure what "reporting on my real-time location" or w/e is supposedly referring to at this point. I followed the bit about the "stalker," the car hood, the jet tracker, but these things become mythic in like hours and now I'm confused again
also as I'm sure someone already pointed out, it is too fucking LOL to have a tech CEO complaining about this
― rob, Friday, 16 December 2022 17:48 (one year ago) link
I don't care enough about Tesla to know a lot about it, but I feel somewhat confident in guessing that Tesla HQ knows exactly where all their cars are at any given minute
― rob, Friday, 16 December 2022 17:49 (one year ago) link
This David Roth piece from Defector is really good.
― but also fuck you (unperson), Friday, 16 December 2022 17:50 (one year ago) link
especially a tech CEO who's big idea was "Twitter should have your location data at all times"
― frogbs, Friday, 16 December 2022 17:53 (one year ago) link
also what's actually happening doesn't look any different to me than someone posting say, Taylor Swift's touring schedule
― frogbs, Friday, 16 December 2022 17:54 (one year ago) link
― lag∞n, Friday, December 16, 2022 11:14 AM (one hour ago)
i sort of wonder if he now thinks every business venture of his will follow this pattern, and thinks that it's OK twitter is flatlining it's all part of the plan, he'll operate it on the verge of bankruptcy for a decade and then have it go to the moon... too bad social media ain't electric cars
― 龜, Friday, 16 December 2022 17:56 (one year ago) link
It’s kind of the opposite in fact, automakers get bailed out and have weird inflated valuations all the time but social media companies never really recover once they start going into a tailspin
― frogbs, Friday, 16 December 2022 17:58 (one year ago) link
i'm not listening to that space for the same reasons i won't click play on a trump video, but apparently at least half of his consternation there was him realizing a bunch of people he'd personally banned from twitter earlier that day still had access to twitter spaces.
sounds like a bug. these things happen. but it will be interesting to see how long it takes them to ship a fix.
― 𝔠𝔞𝔢𝔨 (caek), Friday, 16 December 2022 17:59 (one year ago) link
not exactly surprising but: https://www.nytimes.com/2022/12/16/technology/elon-musk-management-style.html
But as I’ve called around to C-suite executives and influential investors in Silicon Valley over the past few weeks, I’ve been surprised by how many are rooting for Mr. Musk — even if they won’t admit to it publicly.Mr. Musk’s defenders point out that Twitter hasn’t collapsed or gone offline despite losing thousands of employees, as some critics predicted it would. They see his harsh management style as a necessary corrective, and they believe he will ultimately be rewarded for cutting costs and laying down the law.“He says the things many C.E.O.s wish they could say, and then he actually does them,” said Roy Bahat, a venture capitalist with Bloomberg Beta.Mr. Bahat, who has criticized some of Mr. Musk’s moves, characterized his Twitter tenure as a “living natural experiment” — a divisive but illuminating window into what other executives might be able to get away with, if they tried.“He’s giving people a lot more knowledge of what’s possible,” he said.Tech elites don’t simply support Mr. Musk because they like him personally or because they agree with his anti-woke political crusades. (Although a number do.)Rather, they view him as the standard-bearer of an emergent worldview they hope catches on more broadly in Silicon Valley.The writer John Ganz has called this worldview “bossism” — a belief that the people who build and run important tech companies have ceded too much power to the entitled, lazy, overly woke people who work for them and need to start clawing it back.
Mr. Musk’s defenders point out that Twitter hasn’t collapsed or gone offline despite losing thousands of employees, as some critics predicted it would. They see his harsh management style as a necessary corrective, and they believe he will ultimately be rewarded for cutting costs and laying down the law.
“He says the things many C.E.O.s wish they could say, and then he actually does them,” said Roy Bahat, a venture capitalist with Bloomberg Beta.
Mr. Bahat, who has criticized some of Mr. Musk’s moves, characterized his Twitter tenure as a “living natural experiment” — a divisive but illuminating window into what other executives might be able to get away with, if they tried.
“He’s giving people a lot more knowledge of what’s possible,” he said.
Tech elites don’t simply support Mr. Musk because they like him personally or because they agree with his anti-woke political crusades. (Although a number do.)
Rather, they view him as the standard-bearer of an emergent worldview they hope catches on more broadly in Silicon Valley.
The writer John Ganz has called this worldview “bossism” — a belief that the people who build and run important tech companies have ceded too much power to the entitled, lazy, overly woke people who work for them and need to start clawing it back.
― rob, Friday, 16 December 2022 18:00 (one year ago) link
i wonder how much of what he's doing is influenced by his need for approval from that crowd. seems like a lot of his career has been focused on winning approval from thiel in particular. big alpha/beta vibes when they're in the same room apparently.
― 𝔠𝔞𝔢𝔨 (caek), Friday, 16 December 2022 18:02 (one year ago) link
i wish more people were pointing out the obv fact that nobody stalked his damn kid, and the police aren't even actively investigating a crime.
he probably took video of some rando and assumed it was a stalker, then doxxed their fucking license plate
― Fash Gordon (Neanderthal), Friday, 16 December 2022 18:03 (one year ago) link
unless i'm misunderstanding, wasn't the extent of the doxxing just a bot account that regularly posts the flight information of famous people, which is already publicly available, and is still widely available on other platforms? wasn't the level of detail something like "elon musk's plane is landing at LAX at 8:20pm"?
because that isn't doxxing
and the police aren't even actively investigating a crime.
and they didn't even report whatever happened to the cops, which seems notable because, given musk's reaction, you would think he would be desperate to have any evidence to support his claim
― Karl Malone, Friday, 16 December 2022 18:09 (one year ago) link
tbf I don't really see anyone accepting that as fact either, as there was with Trump there are just so many weird things about all of this that it's hard to know what exactly we should be focusing on
― frogbs, Friday, 16 December 2022 18:10 (one year ago) link