4 ms·

It's influencer marketing. These 'ego battles' are a show to keep their brand in front of you. It's engaging like reality television. This is very valuable, esp

by jcstk 8mo ago

It's influencer marketing. These 'ego battles' are a show to keep their brand in front of you. It's engaging like reality television. This is very valuable, especially for companies that need to fund their growth through investment and grants.

willis936 8mo ago
This smells a lot of "any publicity is good publicity", which has been false for more than a decade. You know what makes line go up? Results.
- jcstk 8mo ago
  OK. Tesla Trailing P/E: 390.70 Apple Trailing P/E: 34.11 Ford Trailing P/E : 11.74
  - 4d4m 8mo ago
    Perception and execution that is what i call P/E
  - willis936 8mo ago
    I'm not sure what your point is. High P/E is a sign of overvaluation and a bad investment. Just because the market is irrational doesn't mean you should sign up for to be a bag holder.
    - afavour 8mo ago
      Pretty sure OPs point is that Tesla has shitty results, has a CEO that lives “any publicity is good publicity” as a mantra and the company valuation is through the roof.
      - willis936 8mo ago
        Yes and none of those are good things.
        array_key_first 8mo ago
        They're good things right now for Elon and Tesla. Whether they will continue to be is up in the air. But, it definitely works as a strategy, at least temporarily.
avaer 8mo ago
I wish more people were as astute. The front matter of big politics and big tech is not too different from professional wrestling.
- laristine 8mo ago
  I think OP could be just as astute as you meant. They probably know that Altman is engaging in marketing, but still tried to make a case that it shouldn't be a good strategy and instead illustrates his character. Not that I disagree, as people could see the unnecessary drama as a sign of immature behavior and a negative net result in the long term, regardless if it generates press today. As many other commenters remarked, they will from now think twice about trusting Altman's ventures in the future in light of this long-winded tweet.
  - jcstk 8mo ago
    It's not that deep, he's not even writing it

by jcstk 8mo ago

willis936 8mo ago

This smells a lot of "any publicity is good publicity", which has been false for more than a decade. You know what makes line go up? Results.

jcstk 8mo ago
OK. Tesla Trailing P/E: 390.70 Apple Trailing P/E: 34.11 Ford Trailing P/E : 11.74
- 4d4m 8mo ago
  Perception and execution that is what i call P/E
- willis936 8mo ago
  I'm not sure what your point is. High P/E is a sign of overvaluation and a bad investment. Just because the market is irrational doesn't mean you should sign up for to be a bag holder.
  - afavour 8mo ago
    Pretty sure OPs point is that Tesla has shitty results, has a CEO that lives “any publicity is good publicity” as a mantra and the company valuation is through the roof.
    - willis936 8mo ago
      Yes and none of those are good things.
      - array_key_first 8mo ago
        They're good things right now for Elon and Tesla. Whether they will continue to be is up in the air. But, it definitely works as a strategy, at least temporarily.

avaer 8mo ago

I wish more people were as astute. The front matter of big politics and big tech is not too different from professional wrestling.

laristine 8mo ago
I think OP could be just as astute as you meant. They probably know that Altman is engaging in marketing, but still tried to make a case that it shouldn't be a good strategy and instead illustrates his character. Not that I disagree, as people could see the unnecessary drama as a sign of immature behavior and a negative net result in the long term, regardless if it generates press today. As many other commenters remarked, they will from now think twice about trusting Altman's ventures in the future in light of this long-winded tweet.
- jcstk 8mo ago
  It's not that deep, he's not even writing it