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the good news is that when this doesn't yield any positive results for xAI and they need a bailout then they'll get bought by Tesla, and Elon is saved once agai

the good news is that when this doesn't yield any positive results for xAI and they need a bailout then they'll get bought by Tesla, and Elon is saved once again.

spwa4 1y ago
Reference to: * https://www.bbc.com/news/articles/ceqjq11202ro https://www.bbc.com/news/articles/ceqjq11202ro (xAI bought Twitter) * https://www.theguardian.com/technology/2016/aug/01/elon-musk-sells-solar-power-company-solarcity-to-tesla-motors https://www.theguardian.com/technology/2016/aug/01/elon-musk... (Tesla bought solarcity) Effectively, of course, Twitter and Solarcity went bankrupt. That's what really happened. I hope the CxO's at companies realize this, and so realize that Musk's big plan for Twitter ("just fire everyone, keep collecting the income") had a slightly different outcome when put into practice: fire everyone, rehire half, get publicly shamed by important people refusing to go back, bankruptcy in 2 years, 5 months. In other words, since 2022 Musk lost 5 million per day, on average, for 2.5 years. Let that sink in!
- fundad 1y ago
  It wasn't about revenue, it was about a massive propaganda and surveillance apparatus.
  - spwa4 1y ago
    Is that why he, and his entire management staff, were seen begging for advertisers to return ... how many times now? 5? Not sure. https://finance.yahoo.com/news/elon-musk-begs-advertisers-return-141046928.html https://finance.yahoo.com/news/elon-musk-begs-advertisers-re... Clearly it was about revenue, at least to an extent.
  - jjfoooo4 1y ago
    It was about very stupidly thinking that selling subscriptions to Twitter would be more profitable than selling ads
JumpCrisscross 1y ago
Given Tesla’s current prospects it seems more likely that xAI or SpaceX wind up bailing it out.
- h2782 1y ago
  This is a self-comforting argument I keep seeing all over against Tesla. Yet, their refreshed models are showing up on roads very quickly. Demand for Tesla isn't permanently going anywhere just to make a few new Elon haters happy. I also don't like Musk, but I am not deluding myself like so many these days that Tesla is dead. Elon is much like a roach; he will survive nuclear Armageddon.
  - JumpCrisscross 1y ago
    > not deluding myself like so many these days that Tesla is dead Nobody said it's dead. Just that the car part of the company, the stable part, is somewhere between being abused and neglected by Musk. While the self-driving part has no competitive advantage and the robotics part seems to have legitimate synergies with xAI.
- rendang 1y ago
  Market seems to think pretty highly of Tesla's prospects given the 1T+ market cap
  - XorNot 1y ago
    I direct your attention to the market a few months before the 2008 crash.

the good news is that when this doesn't yield any positive results for xAI and they need a bailout then they'll get bought by Tesla, and Elon is saved once again.

spwa4 1y ago

Reference to: * https://www.bbc.com/news/articles/ceqjq11202ro https://www.bbc.com/news/articles/ceqjq11202ro (xAI bought Twitter) * https://www.theguardian.com/technology/2016/aug/01/elon-musk-sells-solar-power-company-solarcity-to-tesla-motors https://www.theguardian.com/technology/2016/aug/01/elon-musk... (Tesla bought solarcity) Effectively, of course, Twitter and Solarcity went bankrupt. That's what really happened. I hope the CxO's at companies realize this, and so realize that Musk's big plan for Twitter ("just fire everyone, keep collecting the income") had a slightly different outcome when put into practice: fire everyone, rehire half, get publicly shamed by important people refusing to go back, bankruptcy in 2 years, 5 months. In other words, since 2022 Musk lost 5 million per day, on average, for 2.5 years. Let that sink in!

fundad 1y ago
It wasn't about revenue, it was about a massive propaganda and surveillance apparatus.
- spwa4 1y ago
  Is that why he, and his entire management staff, were seen begging for advertisers to return ... how many times now? 5? Not sure. https://finance.yahoo.com/news/elon-musk-begs-advertisers-return-141046928.html https://finance.yahoo.com/news/elon-musk-begs-advertisers-re... Clearly it was about revenue, at least to an extent.
- jjfoooo4 1y ago
  It was about very stupidly thinking that selling subscriptions to Twitter would be more profitable than selling ads

JumpCrisscross 1y ago

Given Tesla’s current prospects it seems more likely that xAI or SpaceX wind up bailing it out.

h2782 1y ago
This is a self-comforting argument I keep seeing all over against Tesla. Yet, their refreshed models are showing up on roads very quickly. Demand for Tesla isn't permanently going anywhere just to make a few new Elon haters happy. I also don't like Musk, but I am not deluding myself like so many these days that Tesla is dead. Elon is much like a roach; he will survive nuclear Armageddon.
- JumpCrisscross 1y ago
  > not deluding myself like so many these days that Tesla is dead Nobody said it's dead. Just that the car part of the company, the stable part, is somewhere between being abused and neglected by Musk. While the self-driving part has no competitive advantage and the robotics part seems to have legitimate synergies with xAI.
rendang 1y ago
Market seems to think pretty highly of Tesla's prospects given the 1T+ market cap
- XorNot 1y ago
  I direct your attention to the market a few months before the 2008 crash.