And don’t forget the Japanese and Korean car makers
Elon Musk reaches deal to buy Twitter for $44B - Bluesky crosses the 32 million user mark
- Thread starter Gemini
- Start date
And check this out it’s way more EV options down that before and high end too.. That Tesla stock already diving and now your seeing a shit load of Tesla’s on the used market no one wants..
It’s true y’all don’t want to hear that shit. His based grew after the ban. Rogan based shot up during the whole “cancellation”. Alex Jones is making more money than ever. The internet is designed for polarization and tribalization. Everybody can find their corner ie BGOL.
I've met like three people irl that use Twitter, it's just a Russian bot/troll haven. I just use it to track deals on collectibles and other bullshit I waste money on. Most people I know like the mainstream ones like ig/tik tok ECT.
Everyone knew that especially when you know who came into office in 2016. Now Elon is trying to pussy pop out of it.
Bro...
I promise you the average person doesn't know or understand that this is a fact.
It's weird Elon didn't know this, Twitter is just bots and spam heaven, no one really takes it seriously.
I'm guessing he bought it to kill it eventually, twitter while terrible provides alot of useful imformation especially about politics and pump faking politicans and racial issues.
Still think he's undercover GOP who bought it to kill it, twitter effects real life in some situations that's not good for the GOP.
Twitter isn’t even in the top 15 of social media. You’re telling me he wanted to spend $40 billion on some lame product?
Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts
The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.
www.npr.org
Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts
Updated May 13, 20228:51 AM ET
BILL CHAPPELL
Elon Musk said he's putting his $44 billion takeover of Twitter "temporarily on hold," saying that he wants more details about how many of the social platform's accounts are bogus or spam.
The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.
Musk tweeted about putting the massive deal on hold early Friday, sharing a recent Reuters news story about the takeover. He later added a reply stating, "Still committed to acquisition."
The Reuters article cited a federal filing Twitter made shortly after the company reached a sales deal with Musk, stating that of the 229 million Twitter users who saw advertising in the first quarter of 2022, less than 5% were fake accounts.
Musk will examine Twitter's estimates of fake accounts
The 5% figure comes from Twitter's first-quarter earnings report, which it released days after reaching a sales agreement with Musk.
The question of fake Twitter accounts has to do with how the company tracks the number of "monetizable daily active usage or users" — essentially, the accounts it shows ads to, when people or organizations access Twitter on any given day.
The company works to detect and suspend false or spam accounts, and to omit them from its calculations of monetizable active users. But Twitter also acknowledged in its filing that fake or spam accounts still exist on its platform. It added, "our estimation of false or spam accounts may not accurately represent the actual number of such accounts, and the actual number of false or spam accounts could be higher than we have estimated."
In its earnings report, Twitter said it brought in $1.2 billion in revenue, including $1.11 billion in ad revenue — a sharp rise from the same period in 2021. But its costs and expenses rose at an even sharper rate, to $1.33 billion — resulting in an operating loss of $128 million.
The impact of the delay is uncertain
Twitter announced the deal to sell to Musk on April 25, saying he would take the company private by paying $54.20 per share in cash, after a whirlwind courtship between the billionaire and the social media platform.
When Twitter announced in its purchase, it didn't give a precise deadline for closing the deal, saying only that it expects to complete the transaction sometime in 2022.
In his Friday update, Musk didn't provide any other details about putting the deal on hold, leaving it open to interpretation as to how he might postpone or delay the massive purchase.
The seriousness of the matter is also an open question, as Musk often uses Twitter to air spontaneous thoughts alongside his concrete plans.
Before he tweeted about the Twitter buy, for instance, Musk's previous message demanded, "Stop the war on straws!"
Earlier this week, Musk said that once he completes the deal, he would reverse Twitter's permanent ban on former President Donald Trump. He called the ban "a morally bad decision, to be clear, and foolish in the extreme."
I'm saying I think thing hit twitter before mainstream and gets certain people in trouble IE Mike Brown and feguerson.
Also some scandals get found out of twitter, i think twitter isn't really social media forsay Youtube or TikTok but it has far greater implecations on real life as opposed to tiktok garbage.
At this point I think he rather pay that in the whole 44 bill.
Musk coppin pleas
The galaxy trusted him
It would be the smarter decision. 1 bill for trolling. If he follows through he'll have to explain to the morons who love him how he really can't enforce "free speech" on Twitter.
Europe and Asia are who he really has to worry about. Tesla is considered a luxury brand....kinda. Most people driving Teslas or interested in buying one have little interest in buying GM/Ford(unless they come with some serious heat).
In some cases you might be right but four put their name on the electric map with that ford lightning that is a very good electric truck for the price and they did it very intelligently by using the same frame as the F150 and snap and a battery pack on it very genius and very simple.
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He has an economics degree from UPenn.
He really doesn’t. In 6 months Twitter will be worth more than Tesla.
Exactly
how much did he make when twitter stock rose when it was announced he was buying
sounds like 1 bill is a drop in the bucket for him
He has a prestigious degree and he’s a jackass.
