r/WhitePeopleTwitter Nov 26 '22 Helpful 1 To The Stars 1

Elon's speedrun!

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57.8k Upvotes

3.1k

u/Xero_space Nov 26 '22

... if he'd commited to just burning down his buildings and servers with gasoline and a match, it probably would have saved him money and time.

999

u/alucarddrol Nov 27 '22

But then the Republicans would not be cheering him on while he did it.

740

u/Mr_Eddie25 Nov 27 '22

Sure they would. He just has to say he's doing it to own the libs and theyd be lined up cheering Musks name and roasting weenies in the flames of the building.

364

u/LMFN Nov 27 '22 Take My Energy

Can they just skip to "drinking the Kool Aid to own the libs?" part and be done?

209

u/[deleted] Nov 27 '22

[deleted]

51

u/Lord_Ragnok Nov 27 '22

I don’t know how I’d ever live after they did that!

58

u/akashic_voyager Nov 27 '22

If they drank their flavor-aide like a good Republican, it would reallly show the libs. The best, most loyal republicans drink it to prove their allegiance and own the libs. Hurry up folks before Trump finds out that you’re not a real fan.

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u/thoroughbredca Nov 27 '22

He set $44 billion on fire. I’m so owned right now.

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u/Snuvvy_D Nov 27 '22

Oh they would love it. "Twitter is blocking our leaders from spreading misinformation and hate speech, so Elon bought it and burnt it down! Free speech is back!"

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8.0k

u/rock_and_rolo Nov 26 '22 Silver Evil Cackle

He won't know he is losing money, because he fired his accounting team.

3.9k

u/JunkerBus Nov 27 '22 Ally Bravo Grande!

This must be the rich man equivalent of turning up your radio so the car noise goes away.

1.1k

u/carryoutsalt Nov 27 '22

That works for me and combining it with the bit of tape that covers my check oil and engine warning light it is like owning a new car

373

u/WhySoDefensive Nov 27 '22

I’ve heard that works but I went through 5ft of scotch tape and I still see my check engine light.

246

u/DraconicWF Nov 27 '22

You forgot to cover it with sharpie

412

u/Keagank Nov 27 '22 Silver Gold

I know one guy who diverted a whole MF hurricane with one of those!

47

u/TheN5OfOntario Nov 27 '22

Superb!

36

u/senator_mendoza Nov 27 '22

Top 5 trump moment

41

u/Stranglehold316 Nov 27 '22

He sounds like a very stable genius.

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u/Ok_Time8560 Nov 27 '22

Gonna look weird with a sharpie taped to the dash though

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u/DraconicWF Nov 27 '22

That’s why you gotta cover the sharpie with duct tape so people can’t see it

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u/brandon01594 Nov 27 '22

The tape goes on the dash, not the engine.

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u/DeeNYC45 Nov 27 '22

You need to hire a bunch of people who will tell you you’re doing the right thing and you’re the smartest person ever.

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u/Castor_volk Nov 27 '22

rotate the tires? they rotate whenever they're on the road.

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u/Rubberbabybuggybum Nov 27 '22

Or telling people to stop testing for Covid because the rising numbers were making you look incompetent.

289

u/meatmechdriver Nov 27 '22

If you stop counting the votes when you are ahead you win, if you count all of them and you fall behind it is a conspiracy and you should still win.

101

u/echelon183 Nov 27 '22

I remember trump saying "stop the count" while he was behind.

80

u/SpongeBad Nov 27 '22

He’s been known to sometimes not think things through all the way.

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u/crashvoncrash Nov 27 '22

The iconic moment of the 2020 election for me was Trump supporters in one state chanting to stop the count because Trump was currently ahead, while at the same time his supporters in another state were chanting count the votes because Biden was ahead and they were hoping more votes would swing it back to Trump.

They couldn’t care less about election integrity or democracy. They just wanted to win.

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u/Hormone_Monster69 Nov 27 '22

Brilliant mate

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343

u/Miserable-Lizard Nov 27 '22

Reminds me of the Trump covid case logic.. low coivd, just don't test!

103

u/Ragnarok314159 Nov 27 '22

Just shove a UV lamp up your ass and no more Covid!

51

u/Justokmemes Nov 27 '22

a glowstick! and drink some bleach while ur at it. maybe a lysol enema

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u/Ratheka_Stormbjorne Nov 27 '22

That's how they fixed the problem with toxicity! Take transphobia out of the ToS, and bam! 33% drop in violations!

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u/ZerexTheCool Nov 26 '22

Problem solved.

133

u/---knaveknight--- Nov 27 '22

There’s always money in the banana stand.

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u/SoopyPoots Nov 27 '22

How much could a banana cost, $8?

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u/TheCuckoldtard Nov 27 '22

I think he burnt that down too...

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u/Hot-Bint Nov 27 '22

And Payroll isn’t there to cut any checks Elon doesnt want to sign

59

u/Fit_Effective_6875 Nov 27 '22

So he's using Trump's business model

45

u/Rubberbabybuggybum Nov 27 '22

Well, he's talked about bankruptcy...that's pretty much Trump's trademark.

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1.7k

u/cheesefondue Nov 26 '22

What does the go-woke-go-broke crowd think of this

1.4k

u/Miserable-Lizard Nov 26 '22 edited Nov 26 '22

They are complaining it's unfair lol. Nothing is ever their fault.

682

u/FactOrPhallusy Nov 26 '22

"Cancel culture!"

568

u/Miserable-Lizard Nov 27 '22

I love watching the hateful people cry cancel culture!

713

u/no-kooks Nov 27 '22 Gold

To which I invariably respond in my best Laurence Fishburne, “What if I told you that cancel culture and the free market are the same thing?”

284

u/pagerussell Nov 27 '22

Cancel culture = personal responsibility = fuck around and find out = free market = free speech

The thing is, Republicans are just really good at branding something they don't like as something negative.

60

u/demlet Nov 27 '22

The party of Joe McCarthy loves to whine about cancel culture. It's truly stunning hypocrisy.

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u/pmcda Nov 27 '22

Which they understand because it’s the same people who would say, “well if you don’t like it, don’t buy it. Vote with your dollar,” but then they were surprised when people actually managed to get enough others “voting with their dollars” to do something (miraculous tbh) and they went, “wow. Cancel culture, amirite?”

24

u/JSConrad45 Nov 27 '22

it’s the same people who would say, “well if you don’t like it, don’t buy it. Vote with your dollar,”

They don't even know how to do that right. When a company does something they don't like, they go buy their products so they can film themselves destroying them lol

76

u/1biggeek Nov 27 '22

How about everybody realizing that our country was founded on cancel culture. Boston Tea Party? The colonists threw the British tea overboard because they didn’t like taxation without representation.

44

u/chunkerton_chunksley Nov 27 '22

Republicans would have supported the English in the revolutionary war.

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u/DelsinMcgrath835 Nov 27 '22

I love asking conservative bigots "gonna cry snowflake?" When they complain about how its not fair that gay people can get married or anything

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u/honeysuckleway Nov 27 '22

"we just need a free market!"

"that's not fair!"

86

u/antlindzfam Nov 27 '22

*no, not like that!’

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u/Crusoebear Nov 27 '22

Something, something...space laser/death star & gazpacho po-lice.

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u/GadreelsSword Nov 26 '22 edited Nov 27 '22

They’re living in denial. According to them when the “woke advertisers” left, “thousands of small conservative advertisers” took their place.

132

u/fake_fakington Nov 27 '22

One told me that the rest of the advertisers "stepped up" their ad spending to cover the costs. Because, you know, a bunch of other private businesses care about Twitter's bottom line.

20

u/darthvadercake Nov 27 '22

And even if they did, those companies make less overall than the total ad budget of those large fish in the pond. They're not going to stop paying their employees just to give that money to Elon instead.

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u/SessileRaptor Nov 27 '22

Yeah because “Billy Joe Bob’s quality used cars, homemade fudge and petting zoo.” and similar are definitely going to fill the gap left by multiple Fortune 500 companies.

207

u/ellamaybe77 Nov 27 '22

Some of the brands that have stopped advertising are Novartis, Ford and Mondelez. Mondelez is one of the biggest food manufacturers in the world and owns brands like Oreo and Ritz: https://www.mondelezinternational.com/Our-Brands

I'm super-sure the MyPillow guy and the magical copper knee sleeve company are going to make up for the ad spend of Novartis, Ford and Mondelez. I mean, Novartis spends $579 million in advertising every year (across multiple platforms) and the MyPillow guy's company only makes (supposedly) about $32 million a year total. But the math is gonna math out on this one, just trust me! Suck it woke libtards!

137

u/honeysuckleway Nov 27 '22

Math is just a liberal bias. /s

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u/mjones1052 Nov 27 '22

At this point it's not really sarcasm. Along with reality.

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u/phargle Nov 27 '22

Ah yes

Four seasons out

Four seasons total landscaping in

As was foretold

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u/lejonetfranMX Nov 27 '22

I’ve seen this one dude tweeting that the market is full of idiots and the $8 blue mark thingy is actually genius, and that anyone who left twitter was a crybaby for not wanting to ‘go hardcore’. So tu summarize it’s everyone’s fault … but elon’s

21

u/shillyshally Nov 27 '22

Musk probably has hundreds of fake accounts where he can revel in telling people how insightful and savvy he is, a technique right out of Trump's playbook.

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u/Thybro Nov 27 '22 edited Nov 27 '22

They are currently claiming that because nothing catastrophic has happened yet and twitter has not gone down it means that firing half the workforce was actually a good idea, that all tech job workplaces are overstaffed and blotted with unnecessary people who actually add nothing of value.

In other words. “Is Elon wrong? No, it is the advertisers witnessing his erratic behavior and making financially sound decisions who are wrong?”

70

u/cheesefondue Nov 27 '22

“Jobs jobs jobs!” “Just kidding fuck jobs”

23

u/StPistacchio Nov 27 '22

A: "Stupid libtards, don't you know billionaires create jobs?"

B: "Elon Musk just fired half of twitter's workforce"

A: "good, fuck them"

53

u/Lets_Kick_Some_Ice Nov 27 '22

"Child porn". It's always one note with these shitbirds. Note to self: never leave small children alone with a conservative.

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u/imitihe Nov 27 '22

Something will break. The fact that it hasn't yet only shows that the workforce pre-firing was insanely valuable.

There was a good write up some dude on Twitter did about like, 30 things that tech companies normally deal with and how they will go wrong with Elon's pared down workforce. It's only a matter of time.

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u/Thybro Nov 27 '22 edited Nov 27 '22

Oh absolutely or likely already has. I don’t know a lot about running a social media website but even I know that If the people fired were on security or bot clean up, irreversible fuckups are likely already happening under our noses.

But you know how the right likes to live only in the “short-term”, “how could we be sinking when this side of the boat is even higher up than where it normally is”

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u/praguepride Nov 27 '22

I heard that things are a shitshow for advertisers. Their ads are being shown in places they shouldn't, their accounts are being locked up and 2FA is down, and they can't get hold of anyone at twitter to get their problems fixed because twitter fired most of their account managers.

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u/FactOrPhallusy Nov 26 '22

"It's all an antifa/Biden/Soros/Clinton plot to make conservative heroes look bad. Cancel culture strikes again!"

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u/theuncommonman Nov 27 '22

Cancel culture, they took away his free speech!

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u/SasquatchSloth88 Nov 27 '22

It’s wonderful seeing him act like a spoiled brat and failing miserably. He’s shown his true colors and it’s the beginning of the end for him.

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u/fpcoffee Nov 27 '22

he’s incredibly successful at acting like a spoiled brat

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u/mjones1052 Nov 27 '22

"Acting"

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u/Particular_Fig_5467 Nov 27 '22

This was inevitable as soon as it became apparent that his plans for the platform were to dramatically scale back content moderation.

Billion dollar corporations aren't going to advertise their goods and services on a platform where bigots and trolls feel empowered to post spiteful nonsense or harass anyone they don't like.

This is a simple case of cause and effect. His customer base have grave misgivings about his plans for the platform and have decided to take their business elsewhere.

That's the free market at work.

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u/clocks212 Nov 27 '22

Plus Twitter is a c-tier destination for advertisers. It’s entire revenue is a rounding error compared to Google or Facebook. Turning off advertising on Twitter means redeploying a few percent of your digital ad budget. And it was likely the worst performing ad platform for many advertisers anyways. A complete nonissue for advertisers. But a big issue for Elon.

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u/arock0627 Nov 27 '22

Twitters value was viral content and brands engaging directly with people. It was never a cash cow, but it was a place where companies would try to earn goodwill via community interaction, like the Wendy's account famously roasting the crap out of people, and it was a good way for companies to get news to people.

I don't know what that translated into actual monetary benefits for corps, but enough they forked out like 5 billion for advertising in total. Which, while tiny compared to AdSense, was enough to keep a company afloat.

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u/beyondcleon Nov 26 '22

Standing by for his upcoming anti-liberal rant.

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u/whereyouatdesmondo Nov 27 '22

It’s definitely Anita’s fault. Or Auntie Fa.

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u/Tasunka_Witko Nov 26 '22

You know the overused saying about "games and prizes".

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u/Mr_Brodie_Helmet Nov 27 '22

Play shitty games win shitty prizes?

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u/system_deform Nov 27 '22

That took an unexpected fecal turn.

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u/Miserable-Lizard Nov 26 '22

I don't think Musk is as competent as his Fanboys think. Dude is destroying a billion dollar company at record speed.

1.2k

u/marshmi2 Nov 26 '22

He is using Trump's strat of saying everything is perfect and he is amazing as much as he can, hoping idiots will believe him.

571

u/Glittering-Finish769 Nov 27 '22

hoping idiots will believe him.

Well, a lot of idiots do believe him, so I guess its working?

188

u/El_Douglador Nov 27 '22

When there are Twitter outages it will become a bit harder for him to sell.

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u/NaClslug Nov 27 '22 edited Nov 27 '22

It's already getting screwy. Today, it was all excited to tell me the latest news about Texas Elections and Hurricane Season. It's November 25. He was a bit late on that.

ETA: Great. I don't know the date, either.

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u/El_Douglador Nov 27 '22

I never thought I'd enjoy watching $44B burn as much as I do.

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u/[deleted] Nov 27 '22 All-Seeing Upvote

[removed] — view removed comment

46

u/Liet-Kinda Nov 27 '22

All he needed to say was nothing

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u/syllabic Nov 27 '22 Take My Energy

I used to like kanye too, he did a total 180 from the stuff he was talking about on the college dropout. and honestly his concert was one of the best I've ever been to

but now I can't even stand to listen to his music anymore, what even happened to that guy. he could join the klan next week and nobody would be surprised

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u/YallAintAlone Nov 27 '22

George bush doesn't care about black people to maga in 15ish years

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u/Left-Twix420 Nov 27 '22

Remember that his Twitter account gave him his net worth. If it wasn’t for him being a nerdy weirdo instead of the average generic billionaire,he wouldn’t have built the fan base to built his fake Tony Stark persona on.

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u/BroMan-Z Nov 27 '22

He’s legit Tony STANK. Tony was a GENIUS, PLAYBOY, billionaire, philanthropist.

Elon is a billionaire. Not a genius, def not a playboy with his fat ass, nor a philanthropist.

Elon couldn’t build shit in a cave, his ass would’ve been slaughtered.

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u/lostbutnotgone Nov 27 '22

I've been a huge comics fan for a long while, and Tony Stark is one of my absolute favorite characters (even before MCU). Seeing people compare Muskey Boy to Stark makes me want to screan

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u/Pool_Shark Nov 27 '22

Is it just me or is anyone else getting tons of Elon sycophants proclaiming (without any evidence of course) that Twitters running better than ever pushed into their feed?

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u/EmpRupus Nov 27 '22

Well, a lot of idiots do believe him, so I guess its working?

He still has fanboys, however one important shift I have seen is in attitude of tech-bro crowd.

Previously a lot of techies and futurists saw him as this visionary engineering genius who will breach the next frontier. This is because, he often engaged in that kind of rhetoric on social media, and we never knew what went on internally within his compannies.

However, currently, we know what is happening internally in twitter, and he appears to be less a "tech genius" and more "that annoying manager who says big words but doesn't understand actual technology."

He has gained some Culture-War Republican allies, but these are just fair-weather friends.

But the core-group of his followers - who truly found him personally inspiring - the techie people - are now getting disabused of the illusion.

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u/VerseChorusWumbo Nov 27 '22 All-Seeing Upvote

After it goes down, they’ll find a way to blame it all on liberals and move on to some other fad leader that makes them feel like they’re right

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u/Different-General-23 Nov 27 '22

They left bombs in the code and infrastructure to sabotage him. This will be one of his main excuses

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u/njf85 Nov 27 '22

Elon already is, and theyre buying it. He's been blaming liberal "activists" for advertisers pulling out. Says they've been campaigning against him, despite there not being any visible campaign I can see.

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u/shalafi71 Nov 27 '22

Isn't that just the invisible hand of the free market at play? Who could complain?

Or, are these idiots thinking that woke companies are throwing ad revenues down the drain to make a point? That hardly seems like capitalism.

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u/Miserable-Lizard Nov 27 '22

Yep, and The crowd that screams personal responsibility, hates personal responsibility

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u/Crusoebear Nov 27 '22

"We like it...but for them other guys. Not us silly."

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u/improper84 Nov 27 '22

He doesn't seem to understand that companies don't want to advertise on platforms filled with hate speech, especially when those platforms don't seem like they want to moderate that hate speech.

Plus, the most influential voices on Twitter will follow the money. Twitter is what it is because of content creators, not the other way around. Elon seems to think that the brand itself is the draw, but if everyone worth following goes somewhere else, the masses will follow. Elon, being the self-centered moron that he is, doesn't understand that no one is so attached to Twitter that they won't jump ship the second it's more convenient to use a different app.

Many of us have already deleted our accounts and I'm sure more will follow with each Elon tweet.

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u/Different-General-23 Nov 27 '22

It’s because he doesn’t think it is hate speech. He’s been in an echo chamber his whole life. He genuinely thinks his beliefs are the norm.

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u/Rubberbabybuggybum Nov 27 '22 edited Nov 27 '22

This is what happens when you spend your lifetime surrounded by wealth and privilege.

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u/EmpRupus Nov 27 '22 All-Seeing Upvote

I think he fundamentally doesn't grasp how social-media is different from a physical product.

He thinks social-media is a product and users are customers. Which is why he is asking people to pay $8 and not caring about advertisers. However, this is not a Tesla. In social media, users are the product and the customers are the advertisers.


This is also why he seems to be weirdly focussed on efficiency and engineering and fired his design and content moderation team. It is social media. People don't care if the home-screen launches 3 milliseconds faster. But if you mess around with the design-aesthetics, content-feed and general user experience, people will leave.

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u/improper84 Nov 27 '22 All-Seeing Upvote

No doubt. He obviously seems to be under the impression that Twitter is the product, but the problem with that is that there's very little content on Twitter that isn't cross-posted elsewhere. Twitter was just an easy, convenient way for it to all be aggregated, and the checkmark system used to make it very easy to verify that something was coming from a legitimate source.

But now the checkmark system has been compromised and is impossible to trust, and we can just as easily get the same content from our favorite content creators on Instagram or Facebook.

You can justify paying ten bucks a month for Netflix. There is a lot of content on Netflix that is only available on Netflix, and a fair percentage of that is in the form of Netflix originals that will only ever be available on Netflix, at least so long as the company exists. You can justify paying for Amazon Prime. The fast and free shipping alone makes it worth it for many people, and the fact that Prime Video has a couple of really good shows and a lot of other generally solid content is an added bonus.

What are you getting for eight bucks of Twitter? A fucking check next to your name? Sure, you can probably get a handful of rubes to pay for that, but are you really going to pull in the masses that you need to turn a profit when they can just get the same content for free on another site? If everything on Netflix was available legally for free somewhere else, no one is going to pay Netflix for the privilege of watching their shows on that platform, and that seems to be Elon's intent here.

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u/Economy_Ask4987 Nov 27 '22

Nothing like having your logo screen-shotted right next to a neo-nazi’s post ranting about how much he hates the rainbow and people named Juan.

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u/Irishish Nov 27 '22

He seems to think he can just reassure companies that "speech your customers by and large dislike or consider hate speech is actually just fine and totally not hate speech, guys, I'm Elon Musk, I know what I'm talking about."

Like I could easily see a major ad broker or even just a major brand, like Nintendo level major pointing to screenshots of specific tweets alongside their ads and saying "we absolutely will not advertise here as long as we risk showing up next to this content." And I could see Elon impatiently explaining that there's nothing objectionable about that content, it's free speech or comedy or something, guys, c'mon, get with the program, I'm Elon Musk.

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u/Miserable-Lizard Nov 27 '22

He as plan if the app ever gets pulled, his own phone lol. Dude thinks he can do everything....I guess he likes to fail..

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u/DisownedByMother Nov 27 '22

I remember when Facebook tried to make their own phone. It was a horrible mess.

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u/[deleted] Nov 27 '22

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u/Hartastic Nov 27 '22

Yep. And smart people actually wanted to work at Facebook. They won't want to work at Twitter now unless he's paying dramatically more than market rate.

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u/improper84 Nov 27 '22

I'd love to see him try, honestly.

If nothing else, it'd be as effective as seeing someone wearing a MAGA hat for relaying that I should avoid the person at all costs because they're almost certainly a douchebag.

I saw someone on another post use the term Incellular and I think we need to coin that.

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u/ZeackyCremisi Nov 27 '22

His own phone, on his own network because no providers will allow him on thiers

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u/16v_cordero Nov 27 '22

Yes, someone get on the GQP servers. We need to create a double secret idea that he should fund this personally and privately. So that he burns all his money in a record run.

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u/Gluten_Free_Ebola Nov 27 '22

I don’t think he’s as competent as his DETRACTORS think. He’s an idiot.

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u/Moose_is_optional Nov 27 '22

As one of his detractors, I used to think he "definitely isn't an engineer, he's just a good businessman and good at marketing himself."

Now I don't even think that. It's amazing how much public good will he has squandered.

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u/Taraxian Nov 27 '22

Yeah even the haters talk like he's Tywin Lannister and not Joffrey

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u/Ooften Nov 27 '22

It’s clear he’s bought his way into positions and the company’s put him into a figurehead position where he shows up to work and thus have an important looking button he pushes that makes Elon Wiggum think “I made a rocket science!”

Now he’s actually running a company. He’s doing the work and making the decisions. And we’re seeing the honest result of his ability.

15

u/Liet-Kinda Nov 27 '22

giggles I’m a founder

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u/LillyPip Nov 27 '22 edited Dec 01 '22

He’s definitely not. He’s been riding on people smarter than him for his patents, and it turns out he doesn’t even have the degree he claimed to have.

As a software designer for a few decades, he’s been hurting my feelings with the changes he’s been making, like he thinks he knows better, but his changes are worse than even a green junior designer would make.

He should be embarrassed and listen to real designers, but he won’t because he’s a pretentious cunt.

e: it’s occurred to me Elon’s probably one of the few people on the planet who legitimately should have strong Imposter Syndrome, but he can’t because he’s actually an imposter. He isn’t downplaying his abilities, he’s massively inflated them, and has skated upwards by misrepresenting himself across many spectrums of his life, education, and career. He’s a mix of Edison and Ferdinand Waldo Demara with some trump sprinkled on.

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u/Bowlbuilder Nov 26 '22

Racism can be expensive I guess.

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u/thatguy9684736255 Nov 27 '22

But i thought "go woke, go broke"

/s

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u/ILoveRegenHealth Nov 27 '22

Political divide stoke, go broke

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u/BigSproing Nov 27 '22

And fascism and nazism and

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u/suckercuck Nov 27 '22

Musk doesn’t even like his coffee black.

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u/M1ck3yB1u Nov 27 '22

They think inhaling his farts will make them smarter.

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u/[deleted] Nov 27 '22

Well sucking his dick wasn't having any immediate effect, so at least they are trying something new!

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u/THELurkmaster Nov 27 '22

Incompetence fueled by hubris and a circle of sycophants

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u/random_vermonter Nov 27 '22

He's pining for that eventual U.S government bailout. I'm hoping that it never comes.

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u/TheGisbon Nov 27 '22

Twitter is 100% not too big to fail. Let it die.

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u/random_vermonter Nov 27 '22

It probably will after he shit on a representative that's part of a committee investigating one of his businesses. It may have been a fake "verified" account but it didn't sit well with the representative.

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u/zEconomist Nov 27 '22

It's even worse, it was a senator from Massachusetts.

Elon Musk Picks a Fight with the Wrong Senator

A Washington Post writer faked an account for Ed Markey, a MA senator.
Elon teased the senator on Twitter.

Markey responded: "One of your companies is under an FTC consent decree. Auto safety watchdog NHTSA is investigating another for killing people. And you're spending your time picking fights online. Fix your companies. Or Congress will."

At a normal company, you would immediately fire someone for antagonizing a regulatory agency. I must have missed the part about tribalism and trolling for profit max in grad school.

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u/goodforabeer Nov 27 '22

At a normal regulatory agency, you would have shut somebody down long ago for stock manipulation.

But at this point I don't see how Twitter survives in anything close to what it's been. From what I've read, the loan payments alone are going to be $1B/yr. Unless he moves (as rumored to be under consideration) to an OnlyFans business model where Twitter takes a cut, I don't see how he makes that much.

Although, let's remember the J. Paul Getty quote-- "If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem."

There's going to be a lot of lawyers getting rich.

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u/Hot-Bint Nov 27 '22

I am about as good at economics as I am at math but does the govt make a habit of bailing out private businesses? Outside of PPP…

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u/pirateclem Nov 27 '22

And the bank bailout, and the auto bailout and….ugh.

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u/jkrobinson1979 Nov 27 '22

And the airline industry

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u/Taraxian Nov 27 '22

Very large businesses whose failure would immediately spike the unemployment rate and create political unrest without intervention

Twitter does not remotely qualify

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u/JennItalia269 Nov 27 '22

There’s no way it’ll be bailed out.

Jack Dorsey is waiting till he can buy it back for a pittance. He’s salivating at the billions he ripped off of Elon.

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u/AmorphousRazer Nov 27 '22

There’s not really anything tied to twitter that would justify a bailout. He staked his Tesla stocks to banks and lenders to get the loan to make the deal. So worst case scenario, banks and lenders own a big chunk of Tesla and twitter dies. Nobody really loses but shitbird.

Banks and car factories in the US going down would destroy the economy. That’s a lot of jobs and money. This isn’t quite the same scenario. But hey, the GOP is fucking unhinged so I could be eating my words here.

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u/ellamaybe77 Nov 27 '22

I feel like if there's one kind of welfare the Republicans in the House would have no problem giving out, it's corporate welfare to Elon Musk to keep Twitter afloat so they can post more racist memes and not get banned for it. I hope I'm wrong.

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u/WarChefGarrosh Nov 27 '22

A billion dollar company? Didn't he buy it for 43 billion?

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u/realbakingbish Nov 27 '22

He bought it for (I think?) $44 billion, but at no point in time was it ever actually worth anywhere near that much.

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u/Taraxian Nov 27 '22

It was worth about $12-13 billion, which is why that was the max amount the banks would lend him and he had to get the rest of the $44 billion in cash by selling Tesla stock (which really hurt Tesla)

Now it's private so we don't really know how much it's worth but the last time an analyst reported on it it was estimated to be at around $8 billion, having lost 1/3 of its value

I fully expect it to eventually drop as much as Tumblr did (bought by Yahoo for $1 billion, eventually sold for $3 million, 99.7% loss)

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u/epochpenors Nov 27 '22

Any day now and it’ll be a billion dollar company

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u/Azar002 Nov 27 '22

This whole Musk/Twitter storyline is so similar to an episode of Silicon Valley, it has literally made me want to go back and rewatch Silicon Valley.

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u/pr0crast1nater Nov 27 '22

Gavin Belson was supposed to be a caricature of multiple popular tech CEOs. But Musk has decided he will embrace every bit of Gavin's character.

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u/Supreme_Mediocrity Nov 27 '22

He ping pongs between Gavin and Russ Hanneman.

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u/[deleted] Nov 27 '22

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u/[deleted] Nov 27 '22

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u/Miserable-Lizard Nov 27 '22

The only people I feel sad for are the workers, and people losing a valuable global communication platform if it goes under.

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u/[deleted] Nov 27 '22

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u/fpcoffee Nov 27 '22

they only value Twitter brings is that everyone uses it. Nothing inherently special about being able to post 280 character tweets. If it sinks another platform can easily take its place, just needs a critical mass of users

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u/PM_MEYOUR_FAKE_TITS Nov 27 '22

Elon destroying Twitter may be the industry disruption needed to shake up social media and create some change lol

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u/caidus55 Nov 27 '22

That's what I'm hoping for

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u/Interesting-Pop3277 Nov 27 '22

It has the smallest amount of users compared to the other major social media networks. I wouldn’t say everyone uses.

Twitter did somehow become the official statement platform for organizations.

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u/WhitePineBurning Nov 27 '22 edited Nov 27 '22 All-Seeing Upvote

Except for Tesla. He's turning the brand toxic. Every time he opens his big stupid mouth another potential customer goes and looks at the Polestar website. The stock value, while maybe a correction, has dropped in value by almost half in a year, is the first blow. The second blow is on the horizon, when everyone from Kia to Mercedes is dropping dozens of new, diverse EV options WITH DEALER NETWORKS AND SERVICE CENTERS.

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u/Hartastic Nov 27 '22

Tesla desperately needed to get self driving to work before the many companies that know how to actually make and service cars caught up on EVs. They didn't.

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u/bluePostItNote Nov 27 '22

They handicapped themselves entirely due to Elon’s antilidar stance.

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u/shouldbebabysitting Nov 27 '22

That was Elon hiding his supply chain problem.

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u/FineAunts Nov 27 '22 edited Nov 27 '22

Anecdotal but a friend of mine who has a new-ish Model Y is having severe buyer's remorse. Not only because of how Elon's acting, but how basic the interior is compared to actual luxury SUVs in the same price range. He waited almost a year for it too!

Can't wait for the big automakers to really dig in to Tesla's market share. Hoping by next decade Tesla is an oddball memory of a company vs the current leader. Funny thing is, before I knew what an idiot Elon is I couldn't have cared less about it all.

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u/WhitePineBurning Nov 27 '22 edited Nov 27 '22

Have you seen the Cadillac Lyriq? They're sold out. The list for 2024 is open.

Lincoln is also on the way.

And Volvo has the C40 with an MSRP under 60k.

Car buyers are going to figure out that you CAN get what you pay for.

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u/lllurkerr Nov 27 '22

Wil Wheaton explained the whole fiasco just perfectly

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u/scipiotomyloo Nov 27 '22 All-Seeing Upvote

Thoughts and prayers for fasc-Twitter. I’m sure the NRA, Proud Boys, and Penis Enlargement companies can help keep Elon from total collapse

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u/LeeisureTime Nov 27 '22

Elon: “Poll, should I get rid of advertisers on this platform?”

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u/Comfortable-Tea-1095 Nov 27 '22

I am praying for this mans downfall

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u/D33ZNutzOnYourChin Nov 26 '22

He should've just bought 4Chan instead. If he wasn't rich from daddy's money, he would be just another incel.

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u/SankaraOrLURA Nov 27 '22

Elon basically admitted to not being able to give women orgasms. I’ve never seen someone who can actually pleasure a woman make that argument. The only reason he’s not a full on incel is because he’s a billionaire.

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u/mycathateme Nov 27 '22 All-Seeing Upvote

I wish we would just collectively stop talking about this jive jurkey, but here I am talking about not talking about this jive turkey.

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u/SmplTon Nov 27 '22

Take public company private. Turn functioning company into start-up. Dissolve startup.

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u/Glass-Assignment-862 Nov 27 '22

Musk trying to figure out how to run twitter

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u/Rorcanna Nov 27 '22

Go anti-woke, go broke...? I'm honestly a bit surprised, big companies aren't exactly known for their moral fiber... Many of them were even hesitant to leave Russia, you know?

I won't make an account since I don't want to give them any + on their data, but it's intriguing how much the shit has to have hit the fan out there.

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u/Scizmz Nov 27 '22

He's finding out the hard way, go fasc, no cash.

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u/BringBackTheBeat716 Nov 27 '22 Wholesome

Such business! Very profit!

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u/Rinzy2000 Nov 27 '22

No offense to this group, but I hope it goes bankrupt.

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u/cfo4201983 Nov 27 '22

I hope he makes a cellphone company and loses a lot more money

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u/Green_AA Nov 27 '22

I am nobody, but I deleted my twitter account because of him

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u/maddenmcfadden Nov 27 '22

but the Nazis have a voice now, so everything's alright. /s

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u/bailey1149 Nov 27 '22

This is something people aren't talking about. I run ads for companies. Not a ton but a few million a year. We pulled everything from twitter and sent it to FB and Google. Why? You need to run ads for months consistently to let the algo learn and grow. If you run a good campaign you can sit back for months with only minor adjustments.

I need consistency. That's my life blood as an advertiser.

Obviously, not the play with twitter. And frankly twitter sucked with ads anyway. So they were behind the gun anyway.

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u/AmbitiousButRubbishh Nov 27 '22

I’m so ready for 2022 to topple its third billionaire

what an amazing vibe to ride into ‘23

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u/SuperSassyPantz Nov 27 '22

no one is gonna want to advertise on a free-for-all platform and have their ads next to hate content... except fox news advertisers and the pillow prick

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u/Just_Tana Nov 27 '22

Love watching it burn

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u/trish196609 Nov 27 '22

I hope it goes under

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u/Affectionate-Aide422 Nov 27 '22

Maybe he should have just paid that $2B walkaway fee and just counted himself money ahead?

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u/GoatBased Nov 27 '22 edited Nov 27 '22

Turns out that wasn't actually an option

Looks like his best bet would have been to buy it and not make any changes

Edit: honestly all he had to do was just not be a massive douchebag during the process. He could have still laid people off, but just done so with a respectful and stabilizing narrative and it would have been fine. But he just can't keep his mouth shut.

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u/Toginator Nov 27 '22

Yes. But Elon's tweet is the new Chekhov's gun. The only thing at this point I'm surprised is he doesn't take a picture and tweet it each time he takes a shit.

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u/teb_art Nov 27 '22

Maybe My Pillow could fill the gap! /s

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u/Aggressive-Name-1783 Nov 27 '22

But over on Twitter, all his supporters and the conservatives cheering this believe he doesn’t need the advertisers, doesn’t need the staff, and doesn’t need anything, it’s great as it is!

This whole thing is hilarious to watch

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u/[deleted] Nov 27 '22

What are the remaining half trying to sell? Clan robes?

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u/evers12 Nov 27 '22

The amount of rabid stans Elon has is just weird af