I mean, just from a business perspective: Musk himself says the company has lost 10s of billions of $ in value and is now worth half what he paid for it, in barely half a year's time. Sounds like a disaster to me.And how is that?
I mean, just from a business perspective: Musk himself says the company has lost 10s of billions of $ in value and is now worth half what he paid for it, in barely half a year's time. Sounds like a disaster to me.And how is that?
Adds were pulled after they discovered Elon was going to allow for free speech. A lot of those companies that pulled their adds are slowly returning.I mean, just from a business perspective: Musk himself says the company has lost 10s of billions of $ in value and is now worth half what he paid for it, in barely half a year's time. Sounds like a disaster to me.
It reminds me of the 2008 sub-prime mortgage crisis, which we learned was fueled by the "financial geniuses" making financial derivatives by bundling together lots of mortgages. They used flawed statistical models that didn't account for off-trend market conditions, when bundling together mortgages from borrowers with different credit ratings. So, when things went south, these supposedly AAA-rated securities became insolvent and many investors lost their shirts on what were pitched as rock-solid investments.His explanation of making AI safer by "trying to understand the truth of the universe" is laughably ridiculous and smacks of a snake-oil pitch.
Okay, so you have examples of cars and rockets where he's been successful. Maybe batteries and solar, too. So, maybe that tells us that he should stick to building physical stuff, rather than trying to play in the social networking domain.Simple truth - Elon builds the Model-T of rockets, the Falcon 9, which will fly more times in '23 than the rest of the world combined (including the U.S.), with 1st stages recovered routinely. The most reliable rocket in history, with lower prices & the most profit. And soon an 18-wheeler will replace the Model-T.
How? He's nowhere near on track, so far. And Twitter is getting worse, not better. If a credible alternative soon emerges, it will quickly go the way of MySpace or Yahoo.Elon will make a bankrupt Twitter profitable in a year,
Must be another slow day on techspot eh PEnns. What exactly did Elon do with Twitter that you find troublesome.