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OK. I'm a huge admirer of everything Musk has a accomplished, but... W.T.F.? Taking on Twitter will not only be a huge amount of work, it is likely consume a r
by cs702 5y ago
OK. I'm a huge admirer of everything Musk has a accomplished, but... W.T.F.?
Taking on Twitter will not only be a huge amount of work, it is likely consume a ridiculous amount of talent -- which could be focused instead on building next-generation humanoid robots, electric vehicles, energy solutions, reusable spaceships, and space stations.
Musk has a long history of taking on more than it's humanly possible, but so far he has been narrowly avoided failure. Recall that Tesla was ready to file for bankruptcy at one point in 2019.[a]
He hasn't sold any shares, so he's likely borrowing against his Tesla stock to finance this hostile takeover, exposing himself to all sorts of potentially ugly debt squeezes.
I really, really, really hope Twitter doesn't become a black hole that sucks talent and energy away from more important things. More than that, I hope this latest battle doesn't become Musk's Waterloo.
--
[a] https://www.cnbc.com/2020/11/03/musk-tesla-was-about-a-month-from-bankruptcy-during-model-3-ramp.html https://www.cnbc.com/2020/11/03/musk-tesla-was-about-a-month...
- guiseroom 5y agoI don't really follow Musk, what has he accomplished?
- nabaraz 5y agoLeader in Space and Leader in EVs to start with.
- zzzeek 5y ago
- draw_down 5y ago
- mountainriver 5y agoI agree, this seems like a distraction for him, and probably more ego driven than anything. Although much of his success has been through being a public figure on Twitter, maybe he sees it as investing in his image.
- ComradePhil 5y ago> it is likely consume a ridiculous amount of talent He has indicated that he'll fire most of the employees[1]. In practice, I think he'll move the talent pool whose job is to optimize ad delivery at Twitter to Tesla/SpaceX/OpenAI etc... and make Twitter paid for by the users, not by the advertisers [2]. [1] https://twitter.com/elonmusk/status/1512974273606045702?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1512974273606045702%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.westernjournal.com%2Felon-drops-hammer-twitter-fire-12-floors-people-exactly%2F https://twitter.com/elonmusk/status/1512974273606045702?ref_... [2] https://twitter.com/elonmusk/status/1512964005060657156?s=21&t=DQxrs8hAY1Ra0F-qRb_BBQ https://twitter.com/elonmusk/status/1512964005060657156?s=21...
- LegitShady 5y agoIt sounds like twitter would be paid for by blue checkmarks, rather than by every user, which is a significant difference.
- Tade0 5y agoSo, essentially, the mother of all acquihires?
- loceng 5y agoThat's your burden of "proof" that Elon has indicated he'd fire most employees?
- ComradePhil 5y agoI don't know if it's a "burden" (please learn what "burden of proof" means and where and how to use it)... but yes, that tweet is an indication of his intent.
- loceng 5y agoNow that's proof of intent? Your logic seems to be that if someone imagines a crime occurring that they've actually committed that crime?
- xeromal 5y agoYou definitely have a point. SpaceX and Tesla were also near death in 2008. I feel like there are only so many moonshots you can pull off before you get a Waterloo as you said.
- sebzim4500 5y agoIt's not like he's going to take current SpaceX or Tesla employees and put them to work fixing Twitter.