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Musk "praised" that insane Russian tweet by saying: > Those are definitely the most absurd predictions I’ve ever heard, while also showing astonishing lack of

Musk "praised" that insane Russian tweet by saying: > Those are definitely the most absurd predictions I’ve ever heard, while also showing astonishing lack of awareness of the progress of artificial intelligence and sustainable energy. https://twitter.com/elonmusk/status/1607565268150091778 https://twitter.com/elonmusk/status/1607565268150091778

hobo_mark 4y ago
That course-correction came five hours after the original tweet.
fwip 4y ago
Sure, 4 hours after he replied "Epic thread!!" and somebody convinced him to do some damage control.
- scifibestfi 4y ago
  When he realized it was too easy for people to not get the joke and were using it to hurt Tesla.
  - jacquesm 4y ago
    It's Musk that hurt Tesla, not 'people'.
jacquesm 4y ago
That came after the stock took a plunge. I hope he got his money's worth out of that one.
- leereeves 4y ago
  The NASDAQ exchange was closed yesterday. Edit: including the after-hours market, according to https://www.nasdaq.com/market-activity/stocks/tsla/after-hours https://www.nasdaq.com/market-activity/stocks/tsla/after-hou... > Data last updated Dec 23, 2022 08:00 PM ET. > This page will resume updating on Dec 27, 2022 04:00 PM ET. (Elon's second tweet was before the pre-market opened.)
  - jacquesm 4y ago
    Are you familiar with the term 'pre-market' sales? Tesla opened a full $6 lower than the last close because of the pre-market sentiment, and in part this was due to the tweet. How big a fraction is impossible to say but I'm pretty sure that Musk is well aware of the effect of his tweets by now. I don't have access to a terminal but I can look back as far as 4 am on public sources and by then it was clear the stock was going to open much lower. If you have a better explanation about why it took him a couple of hours to try some damage control I'm all ears. edit to your edit(s): If you think Musk doesn't have better access than you and I do then that's pretty naive, obviously he is monitoring Tesla's stock price like a hawk and if the sentiment drops he'll be aware of it well before the figures are published. Just doing sentiment analysis on Twitter would give you a pretty good indication of where the price is headed and guess who happens to have access to the firehose? And that's before we get into personal phone calls from people holding large swaths of Tesla stock as security against dodgy loans. edit2: too many ninja edits to keep up with...
    - kortilla 4y ago
      > monitoring Tesla's stock price like a hawk and if the sentiment drops he'll be aware of it well before the figures are published. This is not a thing. The figures come out in real time for very basic trading accounts and iirc google finance gives them real time from the exchanges. Also, the opening price is not set by pre-market action unless there a massive amount of abnormal AH volume. The participants that show up for the opening bids are 3-4 orders of magnitude higher in volume than the pre-market traders. Gauging general market sentiment from after hours action is folly, even in highly traded instruments like the index futures or the SPY etf.

hobo_mark 4y ago

That course-correction came five hours after the original tweet.

fwip 4y ago

Sure, 4 hours after he replied "Epic thread!!" and somebody convinced him to do some damage control.

scifibestfi 4y ago
When he realized it was too easy for people to not get the joke and were using it to hurt Tesla.
- jacquesm 4y ago
  It's Musk that hurt Tesla, not 'people'.

jacquesm 4y ago

That came after the stock took a plunge. I hope he got his money's worth out of that one.

leereeves 4y ago
The NASDAQ exchange was closed yesterday. Edit: including the after-hours market, according to https://www.nasdaq.com/market-activity/stocks/tsla/after-hours https://www.nasdaq.com/market-activity/stocks/tsla/after-hou... > Data last updated Dec 23, 2022 08:00 PM ET. > This page will resume updating on Dec 27, 2022 04:00 PM ET. (Elon's second tweet was before the pre-market opened.)
- jacquesm 4y ago
  Are you familiar with the term 'pre-market' sales? Tesla opened a full $6 lower than the last close because of the pre-market sentiment, and in part this was due to the tweet. How big a fraction is impossible to say but I'm pretty sure that Musk is well aware of the effect of his tweets by now. I don't have access to a terminal but I can look back as far as 4 am on public sources and by then it was clear the stock was going to open much lower. If you have a better explanation about why it took him a couple of hours to try some damage control I'm all ears. edit to your edit(s): If you think Musk doesn't have better access than you and I do then that's pretty naive, obviously he is monitoring Tesla's stock price like a hawk and if the sentiment drops he'll be aware of it well before the figures are published. Just doing sentiment analysis on Twitter would give you a pretty good indication of where the price is headed and guess who happens to have access to the firehose? And that's before we get into personal phone calls from people holding large swaths of Tesla stock as security against dodgy loans. edit2: too many ninja edits to keep up with...
  - kortilla 4y ago
    > monitoring Tesla's stock price like a hawk and if the sentiment drops he'll be aware of it well before the figures are published. This is not a thing. The figures come out in real time for very basic trading accounts and iirc google finance gives them real time from the exchanges. Also, the opening price is not set by pre-market action unless there a massive amount of abnormal AH volume. The participants that show up for the opening bids are 3-4 orders of magnitude higher in volume than the pre-market traders. Gauging general market sentiment from after hours action is folly, even in highly traded instruments like the index futures or the SPY etf.