2 ms·
He admits he overpaid for it, not that cutting tons of people was a mistake
by markhalonen 3y ago
He admits he overpaid for it, not that cutting tons of people was a mistake
- darth_avocado 3y agoI don’t know about you but if a publicly traded company, which was trading fairly to the market expectations (way cheaper than peers like FB, Snapchat, Pinterest etc) went private and is now worth less than a third of what it was worth, mostly because usage and advertising revenue are both down, even if you don’t admit it, it was most definitely a mistake.
- matmatmatmat 3y agoUnless you're just a dyed-in-the-wool Elon Musk fan, in which case it's 5D chess.
- red-iron-pine 3y agoHis goal was never to pay for it at all, but to make a lot of noise to cover cashing out of the insanely-overvalued TSLA stock. Then he got held to it and they wouldn't let him back out, even after 3 attempts to break free of it. So now he's got lemons and is making lemonade the only way he knows how.