Elon Musk Buys Twitter

[Orange Joe]

people keep posting videos of them driving through hood deep water
ignoring, even with ICE cars
its not the engine flooding thats the issue
its that all that wiring and moving parts were NEVER meant to be UNDER water for 5 mins
so whe things start rusting and shorting, those telsas will fare worse than the ICE car that would need less electronics to just work as a car

Water itself doesn't cause a lot of rust for cars. It is salt that does the real damage, but even then you are talking decades before it becomes an issue if you wash your car often.

[Doctor Amadeus]

I remember back in 2018, when I bought my F150 I thought this will be my last gasoline engine car, and couldn't wait until the cyber truck or some kind of electric vehicle would come along. I never really liked the price, but I felt well why not if it's an investment into the future and clean energy. 7 Years since I really focused on that goal, Still have my 2017 F150 and my wife a Hyundai Ionic. This really wasn't the reality I was imagining in terms of electric vehicles

That said, I will say on the brighter side, I have actually seen the rise and growth in more electric vehicles especially more Tesla's than ever, but WOW, I really had a blind spot for Elon's Capabilities.

That said I kind of hope some how Tesla can go on without him totally at some point.

[DarkTZeratul]

Water itself doesn't cause a lot of rust for cars. It is salt that does the real damage, but even then you are talking decades before it becomes an issue if you wash your car often.

Unless you get a cybertruck, then it's a problem starting on day 1 due to what would be completely ordinary events for literally any other car.

[ringpriest]

Hearing this actual truth come from a pharma exec and a tech exec is just uncanny. How are people so fucking stupid that they can't recognize these two fuckfaces are the ones creating and exploiting the wealth divide?

Because they're telling a tiny slice of something resembling truth, to people who (for a great many reasons) don't want accurate or precise information. The real giveaway in Elon and Vivek's xits (or xeets whatever they are now) is the phrase "the managerial class". Now, I think it is fair to say in much of "the West" there is a "managerial class" - people who do well-paid work in positions that, at least in theory, are vital to keeping organizational machines running. (The British series "Yes, Minister" has a both hilarious and scathing take on this.)

But while "the managerial class" enables people like Vivek and Musk, it is by no means responsible for them. Likewise, it can be a tool used for many things, including enabling systemic abuse and grossly unfair systems. But the managerial class itself is just a tool, and a very fungible one at that.

When people like Vivek and Musk start pointing fingers at "the managerial class" what they're really saying is is they want the angry mob to go after the top 10%, and ignore the 0.0001%, even though the latter individually bear a lot more responsibility and agency. Vivek and Musk (and Trump and Zuckerberg) don't want to you paying attention to them. They want you angry at the guy down the block who has a bigger house, a boat, and can afford to send his kids to college. At most, they want people angry at the .-lackeys, because they think lackeys are fungible, and they're worried that a unified, informed, and rational public would quickly realize that the existence of people like Vivek and Musk doesn't do them any good, and take steps to end billionaires.

[Flarelaine]

Does Cybertruck come with brush finish? Brush finish is cool but opens up the entire surface area to corrosion.

[Orange Joe]

Unless you get a cybertruck, then it's a problem starting on day 1 due to what would be completely ordinary events for literally any other car.

Metal is metal. It's not gonna rust any faster on the cybertruck than it is on any other vehicle.

[s_bushido]

Metal is metal. It's not gonna rust any faster on the cybertruck than it is on any other vehicle.

Stuff would have to corrode a normal car's finish before it gets to attack the bare metal. Last I heard, the cybertruck comes unpainted.

[Orange Joe]

Stuff would have to corrode a normal car's finish before it gets to attack the bare metal. Last I heard, the cybertruck comes unpainted.

Quick google search says anything unpainted is stainless steel which is very highly resistant to rust.

[NED funded]

I sorta wish the compensation package went through. I think this would have backfired on Tesla possibly. Maybe perhaps in Tesla's demise. More importantly I wanted to see how he quickly would have flipped this to pay off his Twitter loans. This would have been Robbing Peter to pay Paul.

I will add anther Elon cry tweet: But in a tweet late Tuesday afternoon, Musk wrote, “Never incorporate your company in the state of Delaware.”.

As @Edge posted above this just hits me in a special way this idiot bitching about Delaware's super lax laws for corporations. Gee idiot, why did you even incorporate in Delaware then? Cause your lawyer's told you moron.

My goodness the teat sucking of Elon fans. Kneeling to a guy who didn't get some crazy compensation that they will never benefit from. The worship of the rich and they deserve every cent of some ridiculous pay package by the masses is why I have no hope for the labor movement in US.

The compensation package was from 2018. In that time period Tesla went from around 23 dollars to 182 now. It was deffo worth it for stockholders ┐(ﾟ～ﾟ)┌

[Paranoid Android]

Multiple directors of Elon Musk’s companies—some who have used drugs with him—have profited enormously from their deep ties to the billionaire, raising questions among shareholders about the board’s independence. on.wsj.com/42sWdQt

https://twitter.com/WSJ/status/17540...p7rf2LkjA&s=19

Elon Musk's company directors feel an 'expectation' to use drugs with him to avoid upsetting the billionaire, report says

https://twitter.com/BusinessInsider/...3Q62KnYrA&s=19

Two major publishers with reports on Musk drug use. Hmm?

In Business Insider article has eye witnesses Musk was taking ketamine thru nasal spray and drinking liquid ecstasy from water bottle.

Article describes multiple drugs such as cocaine and LSD.

As the past fee pages have discussed the reason Tesla had this supposed value was because of the genius of Musk.

The drug use and yes I may post later of his white supremacist rant make me wonder what people see value in.

I'm guessing now Elon is too big to fail for most and I guess the idol worship of being a billionaire.

[Poopymonster]

https://twitter.com/WSJ/status/17540...p7rf2LkjA&s=19



https://twitter.com/BusinessInsider/...3Q62KnYrA&s=19

Two major publishers with reports on Musk drug use. Hmm?

In Business Insider article has eye witnesses Musk was taking ketamine thru nasal spray and drinking liquid ecstasy from water bottle.

Article describes multiple drugs such as cocaine and LSD.

As the past fee pages have discussed the reason Tesla had this supposed value was because of the genius of Musk.

The drug use and yes I may post later of his white supremacist rant make me wonder what people see value in.

I'm guessing now Elon is too big to fail for most and I guess the idol worship of being a billionaire.

Someone posted a long time ago, paraphrased:
Elon runs Tesla. I know nothing about electric cars, so to me he was a genius.
Elon runs Space X. I know nothing about rockets, so to me he was a genius.
Elon runs Twitter. I am a software engineer, the man is not a genius.

People see someone Making The Line Go Up in a field they know nothing about and think "I'm pretty damn smart, but he's making the line go up in a field I, a pretty smart person, know nothing about, so he must be a genius."

[Draco-Onis]

The compensation package was from 2018. In that time period Tesla went from around 23 dollars to 182 now. It was deffo worth it for stockholders ┐(ﾟ～ﾟ)┌

Incorrect because your premise is that he got zero compensation before that time which is false. Elon was Tesla's largest shareholder until he flushed his shares down the toilet to buy twitter that's why he is blackmailing the board so he can be majority shareholder again. Also this is not the way to calculate valuation you have to take the total share value versus the debt to get the real book value of the company to show how much Tesla's worth has increased.

[Drutt]

https://twitter.com/WSJ/status/17540...p7rf2LkjA&s=19



https://twitter.com/BusinessInsider/...3Q62KnYrA&s=19

Two major publishers with reports on Musk drug use. Hmm?

In Business Insider article has eye witnesses Musk was taking ketamine thru nasal spray and drinking liquid ecstasy from water bottle.

Article describes multiple drugs such as cocaine and LSD.

As the past fee pages have discussed the reason Tesla had this supposed value was because of the genius of Musk.

The drug use and yes I may post later of his white supremacist rant make me wonder what people see value in.

I'm guessing now Elon is too big to fail for most and I guess the idol worship of being a billionaire.

Sure explains a lot about his sudden public downward spiral into conspiracy nonsense. He's torched his brain.

I've known a number of redpill/Qanon/4channer style conspiracy types and every one, every single one without exception, abused hard drugs to the point that I am sure they frazzled their brains.

[NED funded]

Incorrect because your premise is that he got zero compensation before that time which is false. Elon was Tesla's largest shareholder until he flushed his shares down the toilet to buy twitter that's why he is blackmailing the board so he can be majority shareholder again. Also this is not the way to calculate valuation you have to take the total share value versus the debt to get the real book value of the company to show how much Tesla's worth has increased.

You can a choose any metric that you want but the deal was deffo worth it for shareholders. Thats why this lawsuit was brought up by one guy that owns nine shares and not any of the other shareholders that are significantly more invested.

As a matter of corporate governance I agree, Musk looting and blackmailing tesla is bad. But like if you are a shareholder do you care? Ultimately its a public company and any of the shareholders is free to voice disagreements

[Edge-]

You can a choose any metric that you want but the deal was deffo worth it for shareholders. Thats why this lawsuit was brought up by one guy that owns nine shares and not any of the other shareholders that are significantly more invested.

Whether shareholders thought it was worth it isn't at issue.

https://www.wokv.com/news/court-reje...7AAFN75PBS3CA/

The judge determined that Tesla’s board lacked independence from Musk. His lawyers said the package needed to be rich to give Musk an incentive not to leave — a line of reasoning the judge shot down.

“Swept up by the rhetoric of ‘all upside,’ or perhaps starry eyed by Musk’s superstar appeal, the board never asked the $55.8 billion question: ‘Was the plan even necessary for Tesla to retain Musk and achieve its goals?’” McCormick wrote.

Shareholders generally vote in line with the board, so "The shareholders thought it was worth it too." isn't a super surprising outcome - that's the expectation no matter what the board recommendation would be.

The issue is the independence of the board, who are supposed to be independent of the CEO and not just his cronies. In theory.

But like if you are a shareholder do you care? Ultimately its a public company and any of the shareholders is free to voice disagreements

Idealistically: Because it's the right thing to do.

Practically: Because some guy is probably mad about something Elon is doing now and made a hail mary. Though at the same time it's not hard to argue that Elon's value as CEO is many orders of magnitude more than Tim Cook.

[Locklen]

Because they're telling a tiny slice of something resembling truth, to people who (for a great many reasons) don't want accurate or precise information. The real giveaway in Elon and Vivek's xits (or xeets whatever they are now) is the phrase "the managerial class". Now, I think it is fair to say in much of "the West" there is a "managerial class" - people who do well-paid work in positions that, at least in theory, are vital to keeping organizational machines running. (The British series "Yes, Minister" has a both hilarious and scathing take on this.)

The correct term is (e)Xcrement. As of right now, I want this to be a thing.

[Surfd]

The correct term is (e)Xcrement. As of right now, I want this to be a thing.

Xcrete? Seems like it pretty concisely summs up a post on the platform these days.

[Cthulhu 2020]

Quick google search says anything unpainted is stainless steel which is very highly resistant to rust.

I can't wait for the article that drops in 3 years revealing that Tesla cheaped out on the materials for the cybertruck and everyone's death wagon is suddenly rusting.

[Drutt]

Xcrete? Seems like it pretty concisely summs up a post on the platform these days.

Nothing is going to beat Xhitter for me.

[Doctor Amadeus]

I can't wait for the article that drops in 3 years revealing that Tesla cheaped out on the materials for the cybertruck and everyone's death wagon is suddenly rusting.

I think this would be hilarious. Though the price point on these Trucks and the slow roll on delivery. Says to me anyone serious about buying one will be long gone.

I mean for practical use.

What is going to be left are very very rich people buying another toy. Meaning 2 to 3 years or less it’ll be just another toy. They’ve moved on from.


Me I personally swore off anything but an electric Truck. It would be expensive but an investment.

So at this point I’ll hold on to what I have.

The reasons that have put me off aside from the ever rising prices as far as practicality.

1. The range. I keep hearing that Tesla lies about their range.

2. Batteries replacement, reliability and performance.

3. More recent development. With claims about the CyberTruck.

4. It doesn’t help that Elon has turned into an Antisemitic, Transphobic, white supremacist. Any money anyone might like to spend is going to help him become richer.

Don’t get me wrong lots of companies with similar histories have problems but holy fuck it’s 2024. I realize all those things still exist but that along with someone this stupid in charge of Tesla and the richest man in the world.

Unless Tesla make some huge innovations to overcome the issues I mentioned at least technology wise. Yeah.

Teslas not going anywhere but aside from the car markets of say Lamborghini or Ferrari. I don’t see them as anything else in 10 years unless they substantiate confidence in real concerns I mentioned above performance and reliability. Price they might overcome if it’s a worthwhile investment.