- Tells customers to go fuck themselves
- They leave
- They stop paying for advertisement
- Twitter/X makes no money from advertisement
Elon:
this post was submitted on 20 Jun 2024
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(10 replies)
HOW BOUT NOOOOOOOOO?!!!
"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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(40 replies)
Apparenlty telling your customers to go fuck themselves isn't a good business strategy.
I thought, it was only "woke" companies went broke. Are we now saying "Go fash, no cash"?
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(1 replies)
The majority of the ads I get on Twitter now are deepfaked Elon shilling coins — I don’t know how any advertiser (or user) could have any faith in that platform anymore.
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(1 replies)
The Saudi Sovereign Wealth Fund expects returns.
Mr. Bonesaw waits......
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Oh, so telling advertisers to go fuck themselves DIDN'T help Twitter make money? 🤔
The G20 doesn't meet on twitter. If you want to talk to like second rate journalists or nazis you go to twitter.
"If you’re trying to reach senior decision makers, if you want to reach the most influential people in the world," Musk told Read, "the X platform is by far the best."
Does someone want to break it to him that he's one of about 4 executives of a fortune 500 who spends any time on Twitter? The rest have PR people who might make a couple posts a month for them, but they sure as shit aren't wasting any time on it arguing with idiots and bots. They're busy flying around on private jets or playing golf when they aren't spending their 30 minutes a month working.
I could believe all the psychopaths still use shitter. Anyone I see that links to it is either a financial news organization or the scum they cover.
He deserves to lose every dollar, it's the most arrogant business move in history and he disrupted thousands of lives of workers with good jobs in the process. Unfortunately it's only like 10% of his net worth, he's the one who will suffer the least relatively speaking.
Shut down twitter!
Oh no, poor rich boy
Oh no, if revenue continues to slip in just a few hundred years Musk will be down to his last billion. (assuming he never makes any more money)
That's not exactly how billionaires work, they don't keep their money as cash, they keep it as equity. So if the value of his companies fall fast enough, he could lose all of his wealth.
Just food for thought.
Also when you own as much of a company like he does, and try to cash out, you cause the stock to plummet rapidly as you increase the available amount of shares. Basic supply and demand.
It was quite dramatic as he was selling shares to buy Twitter.
Whatever number gets thrown around as his wealth is just a paper number. It's a fraction of that if he sold it all.
Yup, and he'd have to get approvals for any stock sales since he's in an executive position, and he also has an obligation to not tank the stock price either. So a lot of his wealth is inaccessible.
He's still super rich, but if Tesla tanks, he'd be a lot less rich.
I still feel like the way he sold all that stock for Twitter on the open market wasn't in the best interest of the shareholders.
Why didn't he try to negotiate a sale with Blackrock or someone and give them a 25% discount or something and do a large block sale.
Pretty sure something like that is an option if done right. It still would have hurt the stock price, but the Twitter sale was pretty brutal with it going on for weeks.
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(1 replies)
One can hope.