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CNBC Doesn't know what to think about Elon and Twitter.

Posted on 4/14/22 at 8:10 am
Posted by CU_Tigers4life
Georgia
Member since Aug 2013
8950 posts
Posted on 4/14/22 at 8:10 am
Elon is using his fortune as a blunt force instrument to frick with the world and they aren't use to a person with so much money that taking a potential loss doesn't bother him.


This must have been what it was like when Howard Hughes was on the move (minus the OCD issues)
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
5951 posts
Posted on 4/14/22 at 8:12 am to
Analyzing Elon Musk is eating jello with a fork

Posted by CU_Tigers4life
Georgia
Member since Aug 2013
8950 posts
Posted on 4/14/22 at 8:13 am to
quote:

Analyzing Elon Musk is eating jello with a fork


OR....catching smoke with your hands...
This post was edited on 4/14/22 at 8:13 am
Posted by Vacherie Saint
Member since Aug 2015
43877 posts
Posted on 4/14/22 at 8:13 am to
They should understand this better than anyone. George Soros has funded essentially every insidious democrat scheme for the last 20 years.
Posted by Cajun Cricket
TN, AL, CO
Member since Mar 2016
207 posts
Posted on 4/14/22 at 8:14 am to
He’s not going to take a loss. I don’t think he will be successful in his takeover and I’m not sure he even wants to be. However, either way, he will make money.
Posted by ShoeBang
Member since May 2012
21170 posts
Posted on 4/14/22 at 8:16 am to
Elon is beyond “frick you” money. He’s got “frick ME” money where he can hurt himself financially to prove a point.

That’s the ultimate position in life. Truly alpha male money
Posted by GoldenGuy
Member since Oct 2015
12481 posts
Posted on 4/14/22 at 8:17 am to
I want to be there when some 300 lb tranny gives the “We will continue to be the Bulwark against the Nazis” speech.
Posted by KAGTASTIC
Member since Feb 2022
7989 posts
Posted on 4/14/22 at 8:23 am to
quote:

They should understand this better than anyone. George Soros has funded essentially every insidious democrat scheme for the last 20 years.


Yup. So it's more that they don't know how to handle opposition to them on the same playing field they have owned. It's like a white guy going to play bball in the heart of the hood, and owning the court.

Would be great if after this he goes after another major corp...say like....disney. May not be able to by himself, but its time the Right has a group of advocate investors with a plan. Anyone on the left that gets upset just needs to be pointed to what is happening over at Exxon.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 4/14/22 at 8:23 am to
My question is this. If the board doesn’t take the above value offer, have they acted in the best interest of the shareholders? Isn’t that their fiduciary responsibility? Could a class action by shareholders be a slam dunk?

No matter what shite will be interesting
Posted by Wtodd
Tampa, FL
Member since Oct 2013
68174 posts
Posted on 4/14/22 at 8:26 am to
quote:

Analyzing Elon Musk is eating jello with a fork

No box is big enough
Posted by roadGator
Member since Feb 2009
150272 posts
Posted on 4/14/22 at 8:27 am to
You forgot to mention Trump


Reeeeeeeeeeeeeeeeee!
Posted by Lsuhoohoo
Member since Sep 2007
99842 posts
Posted on 4/14/22 at 8:37 am to
quote:

He’s not going to take a loss. I don’t think he will be successful in his takeover and I’m not sure he even wants to be. However, either way, he will make money.



Disagreed. He's not that liquid as the majority of his wealth is tied to his Tesla stock (somewhere around 70% a couple years ago). It's a terrible idea to take your wealth out of Tesla and put it in Twitter.
Posted by CU_Tigers4life
Georgia
Member since Aug 2013
8950 posts
Posted on 4/14/22 at 8:40 am to
quote:

Disagreed. He's not that liquid as the majority of his wealth is tied to his Tesla stock (somewhere around 70% a couple years ago). It's a terrible idea to take your wealth out of Tesla and put it in Twitter.


He will borrow the money to avoid capital gains tax.
Posted by lsuguy84
Madisonville
Member since Feb 2009
25027 posts
Posted on 4/14/22 at 8:41 am to
He’s worth 200+ billion. 54 billion isn’t really a gamble.
Posted by Lsuhoohoo
Member since Sep 2007
99842 posts
Posted on 4/14/22 at 8:44 am to
quote:

He’s worth 200+ billion. 54 billion isn’t really a gamble.


Ehh maybe not but the post I responded to said he won't lose money. I'm just saying I think twitter is a loser even under an Elon ownership.
Posted by lsuguy84
Madisonville
Member since Feb 2009
25027 posts
Posted on 4/14/22 at 8:44 am to
I’m with you
Posted by llfshoals
Member since Nov 2010
19288 posts
Posted on 4/14/22 at 8:49 am to
quote:

Ehh maybe not but the post I responded to said he won't lose money. I'm just saying I think twitter is a loser even under an Elon ownership.
He decides if he wins or loses, nobody else gets a vote when you have 200 billion
Posted by Triple Bogey
19th Green
Member since May 2017
6203 posts
Posted on 4/14/22 at 8:50 am to
He doesn't give a frick about the money. His childrens, childrens, children will never have to work a day in their lives even with 10 billion dollars.

No way that the board in all of their incompetence accepts the deal though.
Posted by QboveTopSecret
America
Member since Feb 2018
3438 posts
Posted on 4/14/22 at 8:51 am to


Google was once just a search engine, now many other tie ins. Twitter search, movies etc.

Coup de grace, Twitter AI.
Posted by CU_Tigers4life
Georgia
Member since Aug 2013
8950 posts
Posted on 4/14/22 at 9:12 am to
quote:

He doesn't give a frick about the money. His childrens, childrens, children will never have to work a day in their lives even with 10 billion dollars.

No way that the board in all of their incompetence accepts the deal though.



If they don't take his offer then Musk can invoke a hostile takeover....
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