Elon Musk Buys Twitter

[Rasulis]

I still find it weird that he made Tesla and SpaceX work but can't handle a website.

I personally don't think Twitter is going anywhere though.

You are probably right. Tumblr, Pinterest, Quora and Reddit are still around also. I doubt that they are profitable. But they are still around. Actually, I heard Reddit been on a hiring spree.

[Forogil]

Uh-oh! The twits really are...twits.

Imagine if they hit Disney...and Disney hits back.

Well, they did hit FIFA... I imagine this will get ugly very very quickly.

And in other Musk-related news Tesla shares are today down to $170 (or below) and some analysts now predict it may hit $100. His 15% share has lost $10 billion since the start of this month and other assets seems to have lost an additional $10 billion.

[Paranoid Android]

I agree with Trump on all of this.



First yes, went to beg for subsidies. Once more the billionaire who questions paying too much in tax and where his money goes wants government money. It's not a job creator when your company needs to be propped up by tax dollars.

Next, can knock his cars, but too easy. Well, it seems that Tesla really is not on top of quality control at the least.

SpaceX subsidies. Yes

The carbon tax credit kept Tesla afloat and to this day the only time it has been profitable. So correct.

Well, Elon really is on his knees on twtter for him to come back. So Trump is correct.


Trump is a brilliant man. All I have to say.

[Cosmic Janitor]

Trump is a brilliant man. All I have to say.

I'm not sure if Trump manged to write this without a handler, but if so, then it's kinda a statment in itself that a demented dunce like Trump can even see it.

[Zan15]

I agree with Trump on all of this.



First yes, went to beg for subsidies. Once more the billionaire who questions paying too much in tax and where his money goes wants government money. It's not a job creator when your company needs to be propped up by tax dollars.

Next, can knock his cars, but too easy. Well, it seems that Tesla really is not on top of quality control at the least.

SpaceX subsidies. Yes

The carbon tax credit kept Tesla afloat and to this day the only time it has been profitable. So correct.

Well, Elon really is on his knees on twtter for him to come back. So Trump is correct.


Trump is a brilliant man. All I have to say.

Well the carbon tax is no longer the only reason tesla is profitable. so Trump Wrong.

those regulatory credits are also 99% of the time analyzed incorrectly since they do not have 100% profit on them but most reports, report them as such. they report the revenue generated as full profit. That is not the case. they must produce vehicles to get the credit. Thus they do not have 100% profit on these credits.

https://stockdividendscreener.com/au...edits-revenue/




- - - Updated - - -

I agree with Trump on all of this.



First yes, went to beg for subsidies. Once more the billionaire who questions paying too much in tax and where his money goes wants government money. It's not a job creator when your company needs to be propped up by tax dollars.

Next, can knock his cars, but too easy. Well, it seems that Tesla really is not on top of quality control at the least.

SpaceX subsidies. Yes

The carbon tax credit kept Tesla afloat and to this day the only time it has been profitable. So correct.

Well, Elon really is on his knees on twtter for him to come back. So Trump is correct.


Trump is a brilliant man. All I have to say.

Also, it is funny talking about SpaceX and subsidies when trump wants a trillion-dollar tax subsidized plan to go to Mars if he is reelected.

So smart that he does not even know if he is against or for subsidized businesses?


Imagine reading his post and not even double checking his statement before agreeing on it

[Draco-Onis]

Twitter’s Broken Its Copyright Strike System, Users Are Uploading Full Movies

Again, WTH?

Roflmao, remember when Elon said twitter wouldn't turn into the wild west

[tehdang]

Is there anything in this besides saying Musk made a terrible investment, and paid way more than what Twitter was truly worth?

I haven't noticed too much lasting difference. The platform still works. I can follow journalists as they tweet links to interesting articles. The opinions from average users always tilted towards extremes and isn't expected to change. Has Twitter even lost daily or weekly users through this transition?

[Draco-Onis]

The platform still works.

And that is how you know this person doesn't know much when it comes to sites.

[D Luniz]

Is there anything in this besides saying Musk made a terrible investment, and paid way more than what Twitter was truly worth?

I haven't noticed too much lasting difference. The platform still works. I can follow journalists as they tweet links to interesting articles. The opinions from average users always tilted towards extremes and isn't expected to change. Has Twitter even lost daily or weekly users through this transition?

remove the oil drain plug on your car
it will run fine for 20-60 mins
does that mean you don't need to waste gas carrying around the added weight of that supposedly useless oil?

[Cthulhu 2020]

Twitter wasnt going anywhere as is. He impulsively bought a failing company

Twitter was balanced on a knife's edge, but the owners were keeping it running and even earning a profit some years. Musk being a dangerous brand to put your advertising on is what pushed it off the edge of that knife.

But if you think "Pulling a profit every single year" is the only metric for success, I feel sorry for you as well. Twitter is insanely popular in most developed nations of the world. At least, it was.

The only thing killing it now is Musk, pure and simple.

[Edge-]

https://thehill.com/policy/technolog...musks-shakeup/

And there goes Twitter's French operations.

[Belize]

https://thehill.com/policy/technolog...musks-shakeup/

And there goes Twitter's French operations.

"Twitter did not respond to requests for comments". No shit, probably because there's no one left to manage the inbox...

Anyways, with how stringent Europe's online rules are, operating there is gonna be essentially impossible. GDPR compliance is a must, and it's doubtful Twitter will be able to keep up.

[Rasulis]

"Twitter did not respond to requests for comments". No shit, probably because there's no one left to manage the inbox...

Anyways, with how stringent Europe's online rules are, operating there is gonna be essentially impossible. GDPR compliance is a must, and it's doubtful Twitter will be able to keep up.

Twitter needs EU & the rest of world. Can't survive on US users only. Data from Q2 2022.

Twitter has around 450 million monthly active users as of 2022.
Twitter has 237.8 million monetizable daily active users (mDAU) as of Q2 2022.
Twitter has 41.5 million monetizable daily active users in the United States.

[Cthulhu 2020]

There's no name attached with this, so take it with a tiny grain of salt, but it sounds legit:




Musk will continue to blame "Activists" while his Twitter is unsafe for brands along with just not having anyone to contact in regards to keeping ads going.

[Draco-Onis]

Twitter needs EU & the rest of world. Can't survive on US users only. Data from Q2 2022.

Twitter stayed away from those markets because they have a hard time with the regulations, it's doubtful they can now with the severely atrophied staff.

[Low Hanging Fruit]

I mean... I think a dead Twitter is a better Twitter and I would have said that before Elon but now I actively hope it happens.

[Rasulis]

Twitter stayed away from those markets because they have a hard time with the regulations, it's doubtful they can now with the severely atrophied staff.

Musk may not want to deal with EU. However, if he wants Twitter to be profitable, he needs EU.

Twitter 2021 revenue was $5b. Of which, US was $2.8b and the rest of the world $2.2b.

To illustrate the importance of EU, Facebook is the largest and most profitable social media company in the world with a revenue of $117.92b in 2021. Here is a breakdown of their revenue by regions.

US & Canada - $51.5b
EU - $29b
Asia-Pacific - $26.7b
Rest of the world - $10.5b

In fact, in the last 2 years, Facebook EU and Asia-Pacific revenues have been growing faster than North America. Also, Musk needs India also. It is the second biggest market in the world after China. All Twitter’s Indian employees have been laid off. There is a big stink there. Because, unlike their US counterparts, Twitter Indian employees are not getting 3 months' severance.

Musk antics have increased Twitter's mDAU as per his claim. However, he never said anything about revenue per mDAU. Likely it is way down.

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Additional notes on Robin Wheeler, Twitter Ad exec, firing.

Elon Musk fired Twitter's head of sales after she refused to sack more employees. He had previously begged her not to resign.

Long story short. She resigned when Musk took over. Musk begged her not to resign. She unresigned. She refused to cut the headcount of Twitter's ad sales team that was already depleted. He fired her.

[Edge-]

Additional notes on Robin Wheeler, Twitter Ad exec, firing.

Elon Musk fired Twitter's head of sales after she refused to sack more employees. He had previously begged her not to resign.

Long story short. She resigned when Musk took over. Musk begged her not to resign. She unresigned. She refused to cut the headcount of Twitter's ad sales team that was already depleted. He fired her.

Oh boy, I'm sure that'll be comforting to the remaining companies buying ads who are trying to find out who the fuck their current account manager even is anymore as all their emails just get bouncebacks.

If I didn't know better I'd think Elon is intentionally trying to tank the company.

[Rasulis]

Oh boy, I'm sure that'll be comforting to the remaining companies buying ads who are trying to find out who the fuck their current account manager even is anymore as all their emails just get bouncebacks.

If I didn't know better I'd think Elon is intentionally trying to tank the company.

Before she became Twitter Ad head exec, she brought in Coca-Cola, Microsoft and Google. That was why she was promoted. So, she knows what she is doing.

[Edge-]

Before she became Twitter Ad head exec, she brought in Coca-Cola, Microsoft and Google. That was why she was promoted. So, she knows what she is doing.

God damn, a well deserved promotion (or series of them), and I doubt she's going to have much difficulty finding gainful employment given her apparent talents. Elon's loss is another companies gain, companies do remember good people they've worked with and often look for opportunities to work with them again.