Elon Musk

regardless elon can admit to making offices into bedrooms it wont affect him, other than the city is going write him a ticket and make him turn them back into offices

TBH I do think this is an overreaction, it sounds like he put beds in some conference rooms; that is weird, but he didn't do construction and turn the place into residences without permits (I don't think). and yes SF has more important things to worry about. god I hate that I just defended musk but on the list of terrible things he is responsible for, this is down there pretty far.

WaPo's statement that ads are showing up 'on white nationalist pages' or 'accounts' is weird to me. Do they mean that if you peruse the account of one of these people, you will see ads sprinkled in with their posts in their own feed? I've never seen this happen before. Do they just mean the ads are showing up adjacent to these posts in people's general feeds?

idk read the article

who is this fucking guy's lawyer? pretty sure when you're accused of a crime the last thing you want to say is "well yeah but what about this other thing???"

Rich people refusing to listen to legal advice seems to be a big post-Trump trend (see also: the FTX guy).

tbf elon has been doing blatantly illegal stuff his whole career and all its gotten him is the biggest pile of money in the world

Musk would spend millions to get out of a fine of a few thousand. Just to make a point.

Josh those ChatGPT results are excellent. Starting to think McSweeney's Internet Tendency is probably obsolete now

https://www.businessinsider.com/how-elon-musk-could-use-tesla-money-prop-up-twitter-2022-12

i enjoyed this piece and it has some seemingly solid financial analysis behind it. but then again the whole #TSLAQ movement has been focused on pointing out how tesla's financial fundamentals are beyond shitty, but still getting carried out on a stretcher - a strong sense of "ah well, nevertheless" about it all.

still, maybe this time it'll be different? 🤞

shouldve put his other companies on the plates, just my opinion

https://i.insider.com/6376b4df8faef80019a75c9b?width=1300&format=jpeg&auto=webp&quality=100,100

expecting the twitter cafeteria to start serving up neurolink test animals any day now

https://archive.ph/LM2zD

Elon Musk’s bankers are considering providing the billionaire with new margin loans backed by Tesla Inc. stock to replace some of the high-interest debt he layered on Twitter Inc., according to people with knowledge of the matter.
The margin loans are one of several options the Morgan Stanley-led bank group and Musk’s advisers have discussed to soften the burden of the $13 billion of debt Twitter took on as part of Musk’s $44 billion acquisition, said the people, who asked not to be identified because the discussions are confidential.

hah hah hah

how does a margin loan work?

Basically just borrowing against the value of existing equities, in this case Tesla stock. It gives you lower interest rates because the loan is at least partly backed by the collateral value of the assets, meaning it’s lower risk for the lender.

meaning that if musk defaults on his payments the bankers get to own his stock and ultimately tesla (and thus to pwn him)

Interesting, thanks

a margin loan was originally on the table back in april but he snookered his rich friends to pick up some of the tab so he was able to remove it from his financing package

it's riskier for him personally since his own assets are on the hook, but can be cheaper overall (esp. if he needs to inject cash into twitter to keep it afloat)

Does him tanking Tesla stock change anything about a margin loan?

I presume it gives him less leverage in general. Blood in the water and all that.

he needs to put up a lot more of it for the same $$$ amount since it’s worth less now

and if the value of the tesla stock drops below a certain agreed upon number then he has to put up more collateral, the famous margin call

would it be crazy to imagine that if Elon margins a bunch of his Tesla shares to prop up twitter his fanvestors might get disgruntled and sell out which would drive down the price which would get him a margin call which etc

anyway I hope Morgan Stanley ends up owning 40% of Tesla

and Twitter

teslas stock price is entirely predicated on the idea that musk is a world beating genius whos going to turn tesla into something bigger than the biggest car company in the world, the battery power company for everything, and since hes very publicly challenging the whole genius idea it seems pretty possible that telsa stock will return to a price more befitting a company of its size and profitability, say the $15 it was three years ago rather than the $400 it was a year ago or the $175 it is today

or maybe zero zero is in play

Elon Musk’s bankers are considering providing the billionaire with new margin loans backed by Tesla Inc. stock to replace some of the high-interest debt he layered on Twitter Inc., according to people with knowledge of the matter.

short squeeze short squeeze short squeeze

you actually want the opposite of a short squeeze if elon is borrowing on margin (short squeeze causes the stock to go up)

i support elon

I imagine the idea of shorting Tesla has occurred to a lot of investors, both small and large, in the past six months. That space is probably overcrowded rn.

not just the past six months

https://en.wikipedia.org/wiki/TSLAQ

also

Also notable is just how many dif ways $NOPE is short $TSLA via straight shorts, puts, $SARK, $QQQ. pic.twitter.com/xg8myM51La

— Eric Balchunas (@EricBalchunas) October 31, 2022

looooool

"Now, Weiss has been given access to Twitter's employee systems, added to its Slack, and given a company laptop, two people familiar with her presence said.

The level of access to Twitter systems given to Weiss is typically given only to employees..."https://t.co/3zBi3eDGJP

— Justin Baragona (@justinbaragona) December 8, 2022

this is going to end with some random twit getting put on blast for joking around about working for the deep state on slack

there are literally thousands of posts in there that could be the basis for a project veritas/fox news hit.

utterly insane that elon is doing this to a company he owns

Is it possible that he's absolutely off his fucking nut on drugs?

yeah

it's extremely funny that The Boring Company has gone from "revolutionizing modern transportation" to "getting Elon some coffee" pic.twitter.com/U1GnoV23AH

— David Grossman (@davidgross_man) December 8, 2022

every man woman and child who's ever used simulants thinks he's on a shitload of them

having to hang around and run errands for Elon is the very definition of "boring company"

We were always being boring

speaking of do you think Elon listens to music? I remember the Dilbert guy being asked this once and he was almost offended at the question. like "uhhh no I have better things to do music is such a waste of mental energy". Elon strikes me as the same sort of person. either that or he's listening to the same 3 Nightcore songs on repeat while chugging Caffeine-Free DCs until 3 AM

he doesnt even listen to grimes

I refer you to the post upthread in which Elon professes not to understand sex for purposes other than procreation.

Don't you guys remember when he wrote a song about Harambe? Obviously he has no idea what music is.

He probably likes Weezer.

Dubstep

he likes Captain and Tenille for obvious reasons

None of these guys like anything that distracts from thinking about themselves. If he listens to anything it’s video game soundtracks, and he imagines he’s the cool hero in the game