3 ms·

This doesn’t make any sense at all. If buying twitter was just a complication, why is he being so active in it? If I found myself accidentally buying a company

by zwkrt 4y ago

This doesn’t make any sense at all. If buying twitter was just a complication, why is he being so active in it? If I found myself accidentally buying a company outside my wheelhouse, I would find some suitable management and not touch it an all. Or make small changes, Berkshire Hathaway style. Not take the helm and for everyone.

jacquesm 4y ago
> If buying twitter was just a complication, why is he being so active in it? Because it strokes his ego. > If I found myself accidentally buying a company outside my wheelhouse, I would find some suitable management and not touch it an all. That would make good sense. > Or make small changes, Berkshire Hathaway style. Not take the helm and for everyone. Clearly, you are not Elon Musk, but I agree that your approach would make a lot more sense.
- lern_too_spel 4y ago
  The market is acting as if the Twitter purchase was financed in part by a margin loan on Musk's TSLA shares. https://www.nasdaq.com/articles/margin-calls-fire-sales-why-elons-twitter-blowup-could-crash-tsla-stock https://www.nasdaq.com/articles/margin-calls-fire-sales-why-.... If Tesla can't show growth beating market expectations, or if he can't get money out of Twitter, or if the Fed keeps raising rates, he could be forced to sell TSLA shares to deleverage, so the worse the Twitter situation looks, the more investors avoid TSLA, compounding his problems. I am convinced at this point that the "cloudy head" that Musk reported during his first COVID infection pre-vaccination is an ongoing medical condition, perhaps a mild encephalitis, leading to rash actions because the brain fog renders him incapable of thinking through consequences . https://www.reuters.com/article/us-health-coronavirus-musk/elon-musk-says-most-likely-has-a-moderate-case-of-covid-19-idUSKBN27V017 https://www.reuters.com/article/us-health-coronavirus-musk/e...
cactusplant7374 4y ago
> Or make small changes, Berkshire Hathaway style. Berkshire wouldn't have the same person running five companies.

by zwkrt 4y ago

jacquesm 4y ago

> If buying twitter was just a complication, why is he being so active in it? Because it strokes his ego. > If I found myself accidentally buying a company outside my wheelhouse, I would find some suitable management and not touch it an all. That would make good sense. > Or make small changes, Berkshire Hathaway style. Not take the helm and for everyone. Clearly, you are not Elon Musk, but I agree that your approach would make a lot more sense.

lern_too_spel 4y ago
The market is acting as if the Twitter purchase was financed in part by a margin loan on Musk's TSLA shares. https://www.nasdaq.com/articles/margin-calls-fire-sales-why-elons-twitter-blowup-could-crash-tsla-stock https://www.nasdaq.com/articles/margin-calls-fire-sales-why-.... If Tesla can't show growth beating market expectations, or if he can't get money out of Twitter, or if the Fed keeps raising rates, he could be forced to sell TSLA shares to deleverage, so the worse the Twitter situation looks, the more investors avoid TSLA, compounding his problems. I am convinced at this point that the "cloudy head" that Musk reported during his first COVID infection pre-vaccination is an ongoing medical condition, perhaps a mild encephalitis, leading to rash actions because the brain fog renders him incapable of thinking through consequences . https://www.reuters.com/article/us-health-coronavirus-musk/elon-musk-says-most-likely-has-a-moderate-case-of-covid-19-idUSKBN27V017 https://www.reuters.com/article/us-health-coronavirus-musk/e...

cactusplant7374 4y ago

> Or make small changes, Berkshire Hathaway style. Berkshire wouldn't have the same person running five companies.