Elon Buys Twitter [LOCKED DUE TO POLITICS AND INSULTS]

[TruckElectric]

banning trumps account for spreading lies.

But not any Democrat for spreading lies......

 

[Bill906]

But not any Democrat for spreading lies......

Trump was not banned for spreading lies. That is often assumed the reason why he was banned. Probably because of how much he lies, but the real reason, according to Twitter is " ...we have permanently suspended the account due to the risk of further incitement of violence. "

 

[rr6013]

So Tesla just went from spending 0 on advertising.. to spending $44B. haha.

Oh and totally free speech... except that one kid who wanted a car in exchange for taking his elon flight tracker account down. That kid's account is cancelled. So he wouldn't give the kid a 50k car.. but he'd spend 44b to shut that kids account down in the name of free speech! Can't wait to read about that act of protecting free speech...

lol

In all appearances, Twitter adds value which that $44B now places USD decimal pt. But EM technically is collateraizing with his Tesla stock holding the financial package to buy Twitter.

Twitter package of financing holds several un-named participants of which EM leads. Twitter may turnout like his SEC fine financed with Tesla stock securities to be a win-win. Tesla stock doubles and Twitter stock doubles the cost to finance Twitter purchases is a haha-ha for Elon.

 

[TruckElectric]

Probably because of how much he lies,

Again, compared to which or any Democrat?

Twitter is " ...we have permanently suspended the account due to the risk of further incitement of violence. "

They didn't ban Maxine Waters for inciting violence. I could go on and on and on.....

 

[Ogre]

How could any discussion about Twitter NOT turn into a politics dumpster fire?

Busting out the ban hammer seems to work on other forums.

And no, banning people for off topic discussion is not a free speech issue in a private forum.

 

[TruckElectric]

Elon Musk buys Tesla a pounding Chinese headache
CONTRIBUTOR
Pete Sweeney Reuters

PUBLISHED
APR 26, 2022 12:33AM EDT

HONG KONG (Reuters Breakingviews) - Elon Musk may not be concerned about making money from Twitter. But his $44 billion deal for the social media network has bought what could be a huge political headache.

Musk, who Breakingviews estimates could earn an unimpressive 1% investment return on the transaction, won’t be the first tycoon to prop up a struggling news operation in the name of the public good. Musk says he is supporting free speech, and there’s no reason to doubt him. But as with Alibaba’s purchase of Hong Kong’s South China Morning Post, there’s lots of hidden risk.

Since the Hong Kong demonstration movement prompted a massive counterattack by Chinese state actors on foreign social media, Twitter has removed hundreds of thousands of Chinese accounts and slapped labels on state media tweets. It stopped taking advertising from government mouthpieces like Xinhua and declined to cooperate with Chinese government requests. Twitter also gives critics a global platform from which they lambast Beijing. The recently passed National Security Law explicitly targets seditious speech including on overseas websites. Twitter, like most foreign media, has not cooperated.

Twitter’s servers, staff and customers are almost entirely out of President Xi Jinping’s reach. But Tesla produces half of its automobiles in Shanghai, where it enjoys tax breaks, and depends on local suppliers for critical components. The domestic market generates 25% of sales: $4.7 billion in the quarter ending in March, as Party tabloid The Global Times unsubtly pointed out on Twitter after the deal was announced.

It seems likely that Twitter, under its new owner, will relax bans on political speech. Former President Donald Trump may get his account back. Beijing will push Musk to ease up on its propaganda army too, but the pressure is unlikely to stop there. Communist officials do not share Musk’s free speech values and they know how to squeeze. If Beijing has Musk over for tea to talk about “fake news” spread by overseas dissidents, and he doesn’t take the hint, his Chinese operations may suddenly find themselves in regulatory hot water. If he cooperates, on the other hand, the U.S. Congress will call him in next.

Unlike Twitter, which lost money in the last two fiscal years, Tesla is nicely profitable with an adjusted EBITDA margin of 27% last quarter. Free speech is a public good worth defending, but Tesla shareholders may pay a lot of rent for this patch of moral high ground.

Follow @petesweeneypro https://twitter.com/petesweeneypro on Twitter

CONTEXT NEWS

- Twitter said on April 25 that it had agreed to sell itself to an entity wholly owned by Elon Musk for $54.20 a share in a transaction valued at $44 billion. The price represents a 38% premium to where Twitter shares closed on April 1, the last trading day before Musk disclosed his more than 9% stake in the social media company.


https://www.nasdaq.com/articles/elon-musk-buys-tesla-a-pounding-chinese-headache

 

[TruckElectric]

I wonder how many are selling their shares of $TSLA because of the controversy with Elon's buying Twitter?

Probably LOTS!!!!

 

[TruckElectric]

Tesla Stock Is Falling. How It Stands to Gain From Sale of Twitter to Musk.

Wall Street is surprisingly sanguine about how Elon Musk’s ownership of Twitter might affect Tesla . Analysts and investors even see a few ways it might help the company.

Tesla stock (ticker: TSLA) dropped shortly after Twitter (TWTR) said Monday it accepted the Tesla CEO’s $44 billion buyout offer. Investors might have been worried about the fairly remote possibility Musk would sell stock to finance his purchase. The fact that Musk wants to fix Twitter even as he runs Tesla, SpaceX, the Boring Co., and Neuralink appears to be another potential worry.

But when Barron’s asked a handful of analysts and investors about the issue of distraction on Monday evening, no one was that concerned. Musk buying Twitter was called a distraction “at worst”; most people we contacted pointed out that Musk has a long history of successfully juggling multiple projects.
Most investors don’t seem to buy into the positive-synergies thesis yet. Tesla stock was down 6.4% in recent trading, at about $934. Twitter stock was down 1.5%, at about $51. The S&P 500 and Dow Jones Industrial Average are down 0.9% and 0.5%, respectively.

The early Tuesday trading action is one sign that the view that Twitter is good for Tesla might be a touch too optimistic. It will probably take some time for a majority of investors to become convinced that Twitter’s entrance into the Muskonomy is good for his car company.

Here are a couple of the more-positive takes.

First, there is Tesla’s relationship with the media. Tesla is famous, or infamous, for its lack of advertising and public-relations efforts. The lack of either can’t really be said to have hurt the company or its stock. Tesla is the most valuable car company on earth by a huge margin. Its brand as an electric-vehicle maker is so strong that the company saw an order increase after the recent Super Bowl, where other car makers were advertising their EVs heavily.

Still, Tesla could spend some time talking more about vehicle safety or anything else it might believe can help its brand. It is possible that Musk’s ownership of Twitter could facilitate that.

And longer term, less of Musk could be a good thing for Tesla. That isn’t because Musk is a problem, but because one day, Tesla will need to learn to live without him—or with less of him. Musk doing other things could help speed the emergence of other executives who could take larger roles at the company down the road.

https://www.barrons.com/articles/dividend-yields-5-percent-51650526201

 

[Dusty]

Again, compared to which or any Democrat?



They didn't ban Maxine Waters for inciting violence. I could go on and on and on.....

This is why internet discourse is often a fool's errand or disingenuous. It contains a lot of "whataboutism" like this in an attempt to excuse a problem, and people think it's a legitimate counterpoint. No one is saying the opposing party/person doesn't have problems nor are they excusing them.

When you get a ticket for speeding do you say to the judge "what about the guy who passed me before I got caught?". No, because you know that the judge will say that person isn't listed as a defendant, you are in this case.

This is the most common logical fallacy that makes online disagreements useless. That's all I'll say about it.

 

[Bill906]

They didn't ban Maxine Waters for inciting violence. I could go on and on and on.....

What did Maxine TWEET that could be considered inciting violence. This conversation is about Twitter banning people. She said some things that some interpret as inciting violence, but, from my quick google search, not seeing any tweets from her like that. Are you suggesting Trump should be allowed to incite violence via tweet because some person once incited violence in an impromptu speech?

Trump was banned for inciting violence using Twitter. You're defending him by saying "But the other guy was doing it too..." Pretty weak defense in my opinion.

 

[TruckElectric]

 

[JBee]

Down 9% atm. Elon we need a Tweet.

Who is the next acquisition?

 

[Dusty]

People are mad that Elon Musk owns Twitter—because Morgan Stanley, Blackrock Investment, Vanguard Group, and the other investment companies (led by people they wouldn't know if they knocked on their door) had their best interests at heart.

I don't use social media, but i really hope Elon unveils the algorithms that determine who gets shown what. THAT is what I think would be eye opening. I bet it'll expose the amplification given to a vitriolic, minority, fringe.

 

[Ogre]

Down 9% atm. Elon we need a Tweet.

Who is the next acquisition?

Elon doesn’t need to tweet to groom the share price.

Buy shares. Don’t look at the share price for a year.

Kind of wish they hadn’t added the ticker on the right.

 

[Throwcomputer]

Elon doesn’t need to tweet to groom the share price.

Buy shares. Don’t look at the share price for a year.

Kind of wish they hadn’t added the ticker on the right.

Perfect time to buy. I love it when the prices go down!