Pretty sure ended up buying Twitter because the courts made him.
this post was submitted on 12 Feb 2024
814 points (92.9% liked)
Technology
60082 readers
2740 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
All that money could have gone to something useful that would have benefited everybody and instead it went into investors pockets
load more comments
(1 replies)
Elon is first and foremost a con man.
He gives them the old razzle dazzle, and even tech investors get so impressed with his confidence and his technobabble and his statements like “This is ready to ship today” that they’ve just lined up to give him money.
I think what’s happening now is that the blush is coming off the rose. Elon first got his money because he was involved as a founder in a company that he was fired from because of incompetence, but kept a large enough founder equity stake that he cashed out a billionaire. Then, because money was cheap and because you hit a tipping point where it’s easier to make money than lose money, he failed upwards.
Now reality is starting to catch up with him, and he’s in a panic. He’s psyched himself out enough that he’s turned pure Trump, doubling down and becoming more outrageous instead of taking his responsibility to his companies into account.
The only thing of his that is ever ready to ship today is his ~~crowdfunding~~ pre-orders and investment opportunities.
The rest of it is just bullshit, smoke and mirrors, inevitable delays, and gaslighting his cult into thinking he never previously promised something "ready within 3 years" would be completed last year.
I truly hope we eventually pass the tipping point where it becomes more widespread knowledge that he's an incompetent "idea guy" instead of a visionary inventor.
load more comments
(1 replies)
Why settle your jet-tracking beef when you can just eat it?
If that's true, Saudi Arabia probably wouldn't have given him $22B of their dollars with no expectation of a Return on Investment. They have no horse in the "does Elon look foolish?" race.
Twitter is really big in SA so their king wanting extra controll of it makes sense.
Butchering a reporter in Istanbul worked for them but the backlash was likely a bit of an embarrassment to these monsters.
Kashodi was murdered over countering SA bots. Easier to have a controlling interest in the platform than to fight dissidents with dirty assassin tricks. Allah forbid granting some freedom to the press.
load more comments
(4 replies)
So Taylor Swift is going to buy it next?
Assuming this is true, there are methods to have the same result that are way less expensive...
Yes. By giving the jet tracking account $50,000 that the kid asked for.
load more comments
(2 replies)
I think he got talked into thinking the Twitter files were real.
