this post was submitted on 20 Jun 2024
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[–] limelight79@lemm.ee 1 points 2 months ago* (last edited 2 months ago)

I can't find the exact quote right now, but I saw in another article he said something like, "If they don't pay for advertisements, X will be gone. How sad!"

It seems Musk thinks he's tending another Mona Lisa or some other world cultural artifact that society would hate to lose. Not some website that's fairly easily recreated by, say, a bunch of hobbyists.

[–] n3m37h@lemmy.dbzer0.com 0 points 2 months ago (1 children)

Elon, yangot a 50 bil payout, just finance your dogshit website.

[–] Voroxpete@sh.itjust.works 0 points 2 months ago* (last edited 2 months ago) (1 children)

The problem is that his payout, like the rest of his fortune, is in exceedingly overvalued Tesla stock. So using that to finance Twitter means selling, and every time he sells the price takes a hard dip because Tesla investors know they're standing on a soap bubble and they are extremely nervous about it bursting. Any sudden uptick in sales pressure is liable to cause a small avalanche of investors abandoning ship.

The process of buying Twitter alone cut his net worth by half because of how much it cratered the Tesla stock price.

[–] deeves@lemmy.world 1 points 2 months ago

Hahah, so him personally bailing out Twitter with a cash infusion would kill Tesla in the process?

What a world.

[–] m13@lemmy.world 0 points 2 months ago (8 children)

"I do shoot myself in the foot from time to time, but at least you know it is genuine, not from the PR department”

Yeah we know. He’s genuinely a white supremacist, misogynist, queerphobe piece of shit. A PR department doesn’t give a fuck about any of that, but at least they’d be savvy enough to pretend like they give a damn in order to make money.

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[–] pr06lefs@lemmy.ml 0 points 2 months ago (13 children)

aw, he may be a genocide loving nazi, but at least its from the heart. won't someone give him some money?

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[–] Sam_Bass@lemmy.world 0 points 2 months ago

Let him wither away like the fungus he is

[–] sp3tr4l@lemmy.zip 0 points 2 months ago (1 children)

I so very hope this idiot asshole winds up either jailed and/or has his wealth severely diminished and most of his businesses fail from being unable to repay loans / convicted of fraud.

He's the closest person on earth to becoming Horatio from the Endless series, yet he's also basically a badly written Bond villain.

What a pos.

[–] nyan@lemmy.cafe 0 points 2 months ago (1 children)

I so very hope this idiot asshole winds up either jailed and/or has his wealth severely diminished and most of his businesses fail from being unable to repay loans / convicted of fraud.

Jail would be too easy for him. I want him to be on "Would you like fries with that?" for a living. Forced to pander to the people he looked down on in order to put food on the table. Bonus if he also has to work three minimum-wage jobs he hates for a total of sixty hours or more a week.

[–] sp3tr4l@lemmy.zip 0 points 2 months ago* (last edited 2 months ago)

This would happen in a just world.

It won't though.

Reminds me of the recent millionaire guy who got lambasted on YT (i think his actual posts were on TikTok?).

Guys, I am going to lock up my money, my phone have no contacts and go to a new city and start from nothing and earn a million dollars in 30 or 90 days or something.

Whoah big surprise, a few weeks in he has to call the whole thing off for health reasons.

OMG he got robbed? Lost his paper work and thus couldn't get the right aid? The shelters are full? Sleeping outside in a city is extremely dangerous and unhealthy? Your hygiene suffers? No one talks to you or treats you like a human being?

In a just world we'd put the income tax levels back to around FDR levels and thus be able to actually fund social programs and eliminate a great deal of the wealthy's massive over representation in politics.

Instead it looks like we will be making a b-line toward theocratic corporatocracy.

Blargh.

Edit: Income and Corporate tax levels.

[–] Veedem@lemmy.world 0 points 2 months ago (1 children)

I'm surprised more brands aren't simply defaulting to Threads. You still see links to their Xitter profile instead of Threads.

I prefer Mastodon, myself, but I get why major brands would prefer a centralized network.

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