Australian (ASX) Stock Market Forum

Elon Musk

Twitter website down. It was just a matter of time, wasn't it? I guess it could be an internal issue, but i doubt it.

How long can you go on supporting free speech and exposing the deep state before they attack? He has upset virtually every oligarch on the planet with his Twitter files: FBI, CIA, the Leftoids, the Wokezoids, the LTBetc, the bankers, all of silicon valley, all the other social media platforms, Google, the MSM, "journalists". In a way, it's amazing he's still alive.

It feels like one man against the world, trying to save the planet from tyranny. TwitterFiles has exposed how deeply corrupt the US system is, and they're only just scraping the surface. It's murky as hell. Against this, he has himself and 50 Twitter employees paddling like crazy to defend the fort. Can they do it?

No problem with Twitter on my side of the world. Was on it early this morning, and just tried now.
 
No problem with Twitter on my side of the world. Was on it early this morning, and just tried now.
the internet ( in general ) is unreliable here ( my trading platforms etc. ) today , this is about as 'social ' as i get

Twitter is a sideshow distraction to me ( something that pops up in articles now and then )
 
the internet ( in general ) is unreliable here ( my trading platforms etc. ) today , this is about as 'social ' as i get

Twitter is a sideshow distraction to me ( something that pops up in articles now and then )
Twitter is one of the best resources for financial/economic news and opinions in real time.

Plenty of rabbit holes to go down however, especially for a politics junky like me.
 
Twitter is one of the best resources for financial/economic news and opinions in real time.

Plenty of rabbit holes to go down however, especially for a politics junky like me.
too distracting for me

besides my original mentor was a JBS member most of those 'rabbit-holes' are old news with a new coat of paint and street signs

by the way the current chatter is only the tip of the iceberg , it is MUCH worse
 
JBS? Possibly because I've been at the pub since it got too hot today, but I'm drawing a blank on that one.
 
Definitely not the fact he is now running a skeleton staff since he sacked half of them and then asked remaining staff to sign a declaration to work for him for crazy hours for no more pay and then lost more of his best staff who took the 3 months pay and left to work somewhere else.

Must be a deep state (of denial) taking place.
The ones he sacked were all lefty wokeazoids. 7000 of them. They didn't actually do any work, they just sat around talking about 'safe spaces' and how they were going to save the world by deleting that half the population who voted conservative. If they had done any meaningful work, Twitter would have fallen apart in their absence. Yet it's working better than ever.
 
Twitter would have fallen apart in their absence. Yet it's working better than ever.

I am a Twitter user and I have never used it more than this year following the events of the war in Europe. What I really hate on it is that it is heavily censored, they delete photos and videos that upset some people. Nearly all those feeds are directed to Telegram but I won't join it because they want my phone number. WTF do they want your phone number for crazy? So I have no choice, stick with Twitter.
 
I don't have twitter, I don't have Facebook, but I do know many many people are becoming sceptical of mainstream news providers.
So from my limited powers of reasoning, I would guess the mainstream media providers are somewhat like the legacy car manufacturers and are worried where Elon is going.
I must confess I wasn't a fan, but the more he moves on, the more he seems to be proven correct.
Take his space X, Tesla cars, the low orbit internet satellites, it is hard to write him off or underestimate Jim IMO.
There are way too many people today who think they are smart, because they have Google and mobile phone access to it, but there still aren't many people who are independently wealthy from their own intellect. Lol
 
We have a new record for loss of fortune, Elon Musk , whose net worth has dropped by $200 billion, the biggest drop in history.

Never mind, he's still worth $127 billion, unfortunately the same can't be said for a lot of TSLA shareholders.

 
We have a new record for loss of fortune, Elon Musk , whose net worth has dropped by $200 billion, the biggest drop in history.

Never mind, he's still worth $127 billion, unfortunately the same can't be said for a lot of TSLA shareholders.

Interesting isn't it, the only difference between a successful Musk/TSLA and a unsuccessful Musk/TSLA, is ownership of a media? Hmmm maybe he should just revert back to singing from the song sheet, then everything will go back to happy and normal, in the kingdom . ?
 
Interesting isn't it, the only difference between a successful Musk/TSLA and a unsuccessful Musk/TSLA, is ownership of a media? Hmmm maybe he should just revert back to singing from the song sheet, then everything will go back to happy and normal, in the kingdom . ?

Yes, investors are fickle people aren't they ?

There is probably nothing wrong with Tesla's business model, they are selling a good product at 'reasonable' prices, but investors have marked down the company over fears its CEO is going off the rails.

It's probably not rational, but hey, the market is always right, right ? ;)
 
Yes, investors are fickle people aren't they ?

There is probably nothing wrong with Tesla's business model, they are selling a good product at 'reasonable' prices, but investors have marked down the company over fears its CEO is going off the rails.

It's probably not rational, but hey, the market is always right, right ? ;)
Who say's he is going off the rails?:rolleyes:
 
We have a new record for loss of fortune, Elon Musk , whose net worth has dropped by $200 billion, the biggest drop in history.

Never mind, he's still worth $127 billion, unfortunately the same can't be said for a lot of TSLA shareholders.

He hasn’t really lost anything though, he still owns the same assets, just the market price other people are trading their shares at has changed.

Think of it like the price that farms trade at changing daily, does the family that holds their farm planning to farm in for the next 20 years lose or gain anything from daily movements, I don’t think so.
 
Who say's he is going off the rails?:rolleyes:

Well I think there must be apprehension in the minds of TSLA shareholders that Musk's attention is being diverted from making them money into some quasi-political flag flying operation at Twitter.

Just look at what TSLA share price is doing, sure there are some internal effects like chip shortages and so on but that can't be the whole reason.
 
He hasn’t really lost anything though, he still owns the same assets, just the market price other people are trading their shares at has changed.

Think of it like the price that farms trade at changing daily, does the family that holds their farm planning to farm in for the next 20 years lose or gain anything from daily movements, I don’t think so.

Yes it's a paper loss, but the value of assets at any particular time is what you can get for them at that time.
 
Well I think there must be apprehension in the minds of TSLA shareholders that Musk's attention is being diverted from making them money into some quasi-political flag flying operation at Twitter.

Just look at what TSLA share price is doing, sure there are some internal effects like chip shortages and so on but that can't be the whole reason.

What happened during the GFC?
 
We have a new record for loss of fortune, Elon Musk , whose net worth has dropped by $200 billion, the biggest drop in history.

Never mind, he's still worth $127 billion, unfortunately the same can't be said for a lot of TSLA shareholders.


I've always said it's dumb that the media quote oligarch net worth by multiplying their share count by the current price. It's as dumb today to say he lost money as it was last year to say he was the richest man in the world.

The only difference in this case is that he stupidly margin'd his Twitter acquisition using Tesla shares.

Interesting isn't it, the only difference between a successful Musk/TSLA and a unsuccessful Musk/TSLA, is ownership of a media? Hmmm maybe he should just revert back to singing from the song sheet, then everything will go back to happy and normal, in the kingdom . ?

The insinuation that Musk net worth going down because he's not toeing some imaginary line is absurdly stupid.

TSLA is eating it because, aside from beta to US growth stocks in general, people aren't buying the cars, leading to all time high inventories.

Nothing special. Just like all the other growth stocks that were priced for perfection and coming off that as the fundamentals play out less than perfect.

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Who say's he is going off the rails?:rolleyes:

Anyone paying attention to the crazy **** he's been doing.
 
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