Elon Musk's epic bacon adventures

zing

Zingle balls
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He can't, his collateral Tesla shares he was going to borrow against have decreased massively in value. He also put in a really punchy offer which is way above valuation for Twitter.

I always thought it wouldn't happen and I stick by that prediction.
he addressed the company last week(Twitter) in a town hall.. that wouldnt have happened if he was backing out
 

Raoul

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Hasn't the main issue been from his end, rather than them not being prepared to sell?
Yes, he’s been attempting to haggle the price down because he claims a higher percentage of Twitter users are bots, and that he shouldn’t have to pay for them.
 

ZIDANE

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He can't, his collateral Tesla shares he was going to borrow against have decreased massively in value. He also put in a really punchy offer which is way above valuation for Twitter.
This isn't an issue any more, I think I posted info/link a while back but can't remember the specifics now - I think he was able to secure a certain amount of funding and he also removed the leverage against Tesla shares. This was something that was depressing Tesla share price along with macro and many Tesla shareholders weren't happy, whether he was concerned about that I don't know but he did tweet he had stopped his selling of Tesla shares.

He could still sell Tesla shares in future of course. I believe he may still be looking for funding hence the bot issue to negotiate lower now that recession looks more likely.
 

utdalltheway

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80% of North America on Twitter?
I can’t see 8/10 Mexicans, Canadians and USers on it. That’s crazy, right? Especially as he keeps drifting to the right thereby alienating a huge chunk of the adult population.
 

Raoul

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80% of North America on Twitter?
I can’t see 8/10 Mexicans, Canadians and USers on it. That’s crazy, right? Especially as he keeps drifting to the right thereby alienating a huge chunk of the adult population.
Its all a bit strange. The interview sort of reinforces that he seems to have stretched himself too thin by attempting to juggle too many things at once, and making a mess out of each of them.
 

Amar__

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Imagine being Elon. You have a stepsister, and your dad impregnates her. Not even pornhub has reached those levels of storytelling yet.
 

TwoSheds

More sheds (and tiles) than you, probably
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You know where he gets it from

Yeah that family need to stop now. He's done his bit for the world now with SpaceX and Tesla, they can all kindly feck off.
 

Murder on Zidane's Floor

You'd better not kill Giroud
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he addressed the company last week(Twitter) in a town hall.. that wouldnt have happened if he was backing out
He owned 10%, and few months before that owned very less. Shareholders don't turn up and give speeches in company town halls.
This isn't an issue any more, I think I posted info/link a while back but can't remember the specifics now - I think he was able to secure a certain amount of funding and he also removed the leverage against Tesla shares. This was something that was depressing Tesla share price along with macro and many Tesla shareholders weren't happy, whether he was concerned about that I don't know but he did tweet he had stopped his selling of Tesla shares.

He could still sell Tesla shares in future of course. I believe he may still be looking for funding hence the bot issue to negotiate lower now that recession looks more likely.
When you read about Musk (that isn't froth pieces on Business Insider and Forbes) you quickly realise he is a two bit hustler and con artist. I called this, he doesn't have the money and his stupidity, waiving due diligence and offering a massive price, has caught him out. He will try and take them to court but I doubt he will win and will have to pay a severance. Hopefully this is the beginning of the end.