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Well yeah, of course you would be concerned if that stopped happening, even more so if it means the CEO is suddenly compelled sell a bunch of his stock at a dis
by NationalPark 4y ago
Well yeah, of course you would be concerned if that stopped happening, even more so if it means the CEO is suddenly compelled sell a bunch of his stock at a discount to avoid violating his debt covenants. You don’t get any upside from the twitter deal, so unless you think Musk will use Twitter to boost Tesla’s price (suppressing bad news?), it seems like all downside for current Tesla owners.
- robonerd 4y ago> so unless you think Musk will use Twitter to boost Tesla’s price (suppressing bad news?) Or bullying American politicians. Or simply preventing himself from being banned.
- AndrewUnmuted 4y agoThe USA's politicians can stand to be bullied a lot more than they currently are. Many of them got to where they are now by being bullies themselves - Twitter bullies in particular! They say the United States Congress is really just Hollywood for ugly people. In a sense, social media is really just Hollywood for smart people. Given Elon Musk's circumstances, and no matter what his motivations, they seem to be the correct ones to maximize his possible outcomes.
- robonerd 4y agoI certainly understand the schadenfreude aspect of it. But when I said bullying I mostly meant that as a euphemism for a sort of aggressive lobbying. For instance, manipulating politicians into supporting his companies by threatening to signal boost their opponents during the next election, or promising to suppress them.
- kjksf 4y agoLike I said, I'm a very benevolent person. Trust me, I'll unleash my wrath on Musk the moment his actions cause my net worth go down due to TSLA stock going down. But in my infinite compassion for lesser human beings, I allow Musk to continue doing things that are not 100% related to increasing TSLA stock price. He has my blessing to purchase Twitter, if that makes him happy. Don't get me wrong, there are limits to everything. Recently he asked if he can have a 9-th child and I said "absolutely no". Another child would distract him from running a company and I, as a shareholder, absolutely cannot have it.
- tekknik 4y agoRead your post again. You talk like you have more money than Musk, which maybe you do but I doubt. You also have a huge ego. I know, I know “when I go look at my bank account I stop caring…”