Musk's purchase of Twitter illustrates the dangers of power and influence. His acts reveal he doesn't care about how people feel or how they effect a business. This Twitter fiasco underscores how crucial it is to lead ethically and be accountable, even when his other businesses have done well
It's worrisome how Twitter's income is falling and affecting advertising. Twitter and the economy may suffer from this decline. Rethinking our economic system will ensure that a few don't have too much power over everyone else's well-being
Musk and those like him must be held accountable for their actions and not put their own interests first. Let's use the Twitter buyout to consider the pitfalls of uncontrolled power and the importance of leaders keeping their cool
Topic: Elon Musk and the fall of Twitter - page 20. (Read 3062 times)
Apparently, Elon needs even more money. Today's news that from mid-April only users with a paid subscription will be able to vote on Twitter shows that if you are willing to give $11 a month, you will get the right to vote.
https://sputniknews.com/20230328/musk-twitters-for-you-feed-wont-recommend-unverified-accounts-1108852415.html
Whether the platform will still be democratic and whether Musk's example will lead to all social networks making them pay, these questions are being asked by users today. After all, if there is an opportunity to earn money somewhere, company owners are unlikely to refuse such an opportunity.
https://sputniknews.com/20230328/musk-twitters-for-you-feed-wont-recommend-unverified-accounts-1108852415.html
Whether the platform will still be democratic and whether Musk's example will lead to all social networks making them pay, these questions are being asked by users today. After all, if there is an opportunity to earn money somewhere, company owners are unlikely to refuse such an opportunity.
The thing I feel when using Twitter after buying Elon Musk is Twitter too many rules and easy to block the account, the other side that must be watched out is a blue check that can be easily obtained by anyone who pays, this is dangerous because Twitter is verified with a blue check easily for fraud.
I couldn't find any news about Elon trying to sell Twitter at half the price - would you mind sharing your source?
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The majority of Twitter workers are woke and so hate him to. Sure, most of them were fired, but I wouldn't be surprised if a large percentage remained.
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The majority of Twitter workers are woke and so hate him to. Sure, most of them were fired, but I wouldn't be surprised if a large percentage remained.
I posted a link in my previous post, but the news was allegedly leaked from an internal memo sent to employees. Everything else that I wrote in that post indicates that it is another skillful manipulation, because even though everyone is caught up on the fact that T is supposedly worth 50% less than a few months ago, no one comments on the second part of the message that the company could one day be worth at least ten times as much ($250 billion).
As for the employees, apparently only those who think like the boss are left, and anyone who had any other opinion got a kick in the ass. However, if he needs workers, he can always hire them very cheaply in countries where he has to pay much less than in the US.
In my opinion, the best Musk's venture of all times was Paypal. It was really ahead of it's time (before crypto era started). After that, every new company he starts/buys is less and less successful.
Technically that was Peter Thiel's venture.
Elon Musk founded an online bank that merged with Paypal later (and then he was kicked out).
2.It is clear that buying Twitter was a mistake right from the start. Musk tried to refuse the deal at some point, but he got forced to buy Twitter by the authorities.
I did not know that we have soothsayers on this forum. Please share how you see Twitter gonna be in 2-5 years. The fact that current Twitter value is lower than it was before Elon Musk purchased it does not mean this value will remain. I am not telling that Twitter value is going to grow, you might be correct and it might go even lower. But, this is a long term investment. We do not know what services will offer Twitter in 5 years and how it will look. Who know what will be in technology industry in few years. Maybe he will add wallet and anonymity features into Twitter. Maybe in 10 years your Twitter account will be your only ID.
In a way, Elon Musk did this to get back at the people that were in charge of Twitter, after the whole thing about him and market manipulation accusations that were brought against him, with the Dodge coin and Shiba debacle. 
I think he thought that he would scare them with the buyout offer and then they took it seriously ..so when he pulled out of the deal, they went after him and he had to honor the deal in the end.
I think he thought that he would scare them with the buyout offer and then they took it seriously ..so when he pulled out of the deal, they went after him and he had to honor the deal in the end.
I couldn't find any news about Elon trying to sell Twitter at half the price - would you mind sharing your source?
It's much harder to save a public company that frequently finds itself in the headlines for the wrong reasons. And he didn't even buy Twitter willingly so that is also a factor you should consider.
The majority of Twitter workers are woke and so hate him to. Sure, most of them were fired, but I wouldn't be surprised if a large percentage remained.
You know, at the end of the day, this act by Elon just portrays the image of a rich, spoiled kid who wants new toys at every whim; he gets bored, he discards and looks for another more interesting toy that tickles his fancy. I could clearly remember when the sale of Twitter was like the only trending news since it was being purchased by business tycoon and dogecoin crusader, Elon Musk but now, I've kinda forgotten he purchased the app, hehe.
Also, according to companies market Cap , it's being ranked 399th amomgst valuable companies and price value dropped to $41.09bn. Let's just say his magical flair for saving businesses didn't hit Twitter right.
Also, according to companies market Cap , it's being ranked 399th amomgst valuable companies and price value dropped to $41.09bn. Let's just say his magical flair for saving businesses didn't hit Twitter right.
It's much harder to save a public company that frequently finds itself in the headlines for the wrong reasons. And he didn't even buy Twitter willingly so that is also a factor you should consider.
The majority of Twitter workers are woke and so hate him to. Sure, most of them were fired, but I wouldn't be surprised if a large percentage remained.
1.Elon Musk is definitely NOT a genius. He likes to take big risks, some of them paid off. He also has a team of really good engineers, but that doesn't mean that he is a genius. He just wants to create that fake "genius entrepreneur" persona on the mainstream media and the social media.
2.It is clear that buying Twitter was a mistake right from the start. Musk tried to refuse the deal at some point, but he got forced to buy Twitter by the authorities.
3.AFAIK, Elon Musk is not Tesla's cofounder. He just bought a share from the company in an early stage.
I'm not saying that he is a fool. He is very smart, but being very smart and being a genius are two different things. Many smart people aren't geniuses.
2.It is clear that buying Twitter was a mistake right from the start. Musk tried to refuse the deal at some point, but he got forced to buy Twitter by the authorities.
3.AFAIK, Elon Musk is not Tesla's cofounder. He just bought a share from the company in an early stage.
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A world No. 1 billionaire is never a fool.
I'm not saying that he is a fool. He is very smart, but being very smart and being a genius are two different things. Many smart people aren't geniuses.
Elon Musk is a very famous figure in the world of business and technology. He has created many world-changing innovations in many ways, from electric cars to space rockets. Although he recently faced an issue on Twitter which affected his company's stock.
Despite the difficult situation, I think that Elon Musk has the talent and intelligence to solve complex business problems. He has faced many challenges in his career, and has demonstrated an ability to adapt and create innovative solutions to the problems he faces. I believe that with his experience and intelligence, Elon Musk can find a way to solve the problems he is currently facing and get his business back on track.
Despite the difficult situation, I think that Elon Musk has the talent and intelligence to solve complex business problems. He has faced many challenges in his career, and has demonstrated an ability to adapt and create innovative solutions to the problems he faces. I believe that with his experience and intelligence, Elon Musk can find a way to solve the problems he is currently facing and get his business back on track.
When it bought Twitter for $44 billion, there were many comments about its purchase of Twitter, wondering why a social media platform like Twitter should pay such a large sum of money. Now if the market value of Twitter is $20 Billion then it is a big loss for Elon Musk. But I don't think he calculates so much gain or loss. If he calculated profit or loss like this, he would not have bought Twitter knowing that he would have suffered a loss by buying Twitter, and from what I know of Elon Musk, he is never one to give up.
I hope that the purpose for which he purchased the twitter platform with such a huge amount of money will be fulfilled.
A world No. 1 billionaire is never a fool. Lol, even though Elon has just announced twitter 50% loss in value from the original purchase price, several consecutive problems have occurred since he took over twitter including slow service, interruptions , being sued over bill payments, layoffs... It wouldn't be hard to understand why twitter's stock would drop in value. But if you think that twitter is down, a complete failure, it may be a misconception. I think Elon is bold and extravagant, that's his specialty - it's his strength to be able to accelerate a groundbreaking idea such as accepting bitcoin as a form of payment. on twitter, how he did the same with tesla. He has the ability to reverse the current predicament and will not give up easily.I hope that the purpose for which he purchased the twitter platform with such a huge amount of money will be fulfilled.
Although he is financially one of the richest businessmen in the world, it is also worth noting that the share prices of his other companies could fall through losses on his Twitter purchase. In my opinion his main mistake was disregarding public sentiment. What is your concern?
There is nothing for me to worry about in the slightest, this time it has nothing to do with Elon Musk. It doesn't matter whether Elon Musk is going to be poor, I don't think anyone cares. The world of finance is too short if you only focus on the facilities he built. Isn't the economy already running before it comes to the surface with provocative tweets.You shouldn't be too optimistic that just because of Twitter Elon Musk will lose everything. He has more income than that and you need to know the money he used to buy Twitter stock was not taken from his own pocket. That's how a reliable businessman works.
Twitter went down from 7,500 to 2000 employees and it's still running. Because of that twitter has some issues, the ones that I experienced are that some videos have load problem, some have sound problems.
Twitter is still doing well but definitely he made mistakes, he expects other people to work as hard and as dedicated as he works. It industry become too much comfortable to work in. There are too many people in IT sector that are paid up to six figures and most of the time play on Playstation console. Elon came like an earthquake for them.
I like what he did in this sector, yeah, twitter has problems, it's price went down but think long-term, what he does will tremendously benefit him long-term because he will have less employees, more profit and I think it will push other IT companies to become stricter and operate their companies with less but more hard-working workforce, this and AI will make the market more competitive, yeah, a lot of things will happen on the way.
Twitter is still doing well but definitely he made mistakes, he expects other people to work as hard and as dedicated as he works. It industry become too much comfortable to work in. There are too many people in IT sector that are paid up to six figures and most of the time play on Playstation console. Elon came like an earthquake for them.
I like what he did in this sector, yeah, twitter has problems, it's price went down but think long-term, what he does will tremendously benefit him long-term because he will have less employees, more profit and I think it will push other IT companies to become stricter and operate their companies with less but more hard-working workforce, this and AI will make the market more competitive, yeah, a lot of things will happen on the way.
I see in the situation that Elon Musk's strategies are failing. He is a genius perhaps but not all had worked according to his plan and certainly not all things can be controlled. He is great to others but not all. But we can't underestimate Elon Musk due to his experience and brilliant ideas when it comes to business. But as I said, despite all of the good deeds he did in many businesses he owned and with the busy life he has, sometimes he misses managing others. Let us assume that he has no longer interested in Twitter and that is might the reason for deciding to sell despite the losses.
Elon is Elon no matter what happened to twitter assets he bought, he is a smart guy and knows what his doing at it. Still, he is the richest man on earth so he don't mind that twitter right now, in fact he has lots of plan to twitter. So, we just have to stick around of what he is planning into especially on doge integrations and crypto features as well.
Earlier on the deal for sure Elon find a potential of twitter since he know that social media is a powerful tool for him to expand more his influence but maybe he find so technical about it that's why he drop that decision to let go of it at cheaper price than he bought it. But its still Elon he's so influential and rich so provably there are other things caught his attention which is worth to take focus with. If this is the downfall of twitter maybe this company will only fall but not Elon Musk.
Elon is Elon no matter what happened to twitter assets he bought, he is a smart guy and knows what his doing at it. Still, he is the richest man on earth so he don't mind that twitter right now, in fact he has lots of plan to twitter. So, we just have to stick around of what he is planning into especially on doge integrations and crypto features as well.
I would not agree that this is some kind of complete downfall of this company, but that Mr. Mars only decided on one move in which he tries to increase the value of the company by offering employees to buy so-called "stock grants". What the OP missed was that another internal memo allegedly appeared in which Mr. Mars states the following:
From everything we can read, it can be concluded that T is not currently worth as much as it was paid for, but I doubt that its value has halved in such a short time.
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In his latest memo, he also told staff: “I see a clear, but difficult, path to a >$250B valuation,” which would imply a tenfold increase in share value.
SourceFrom everything we can read, it can be concluded that T is not currently worth as much as it was paid for, but I doubt that its value has halved in such a short time.
I completely agree with your point about Elon Musk's disregard for public sentiment. This has led to many problems for his companies in the past, and buying Twitter could be another example.
My concern is that the stock prices of Elon Musk's companies are affected by bad business decisions. This could pose a risk to investors and could lead to a loss of public confidence in him and his companies. If Elon Musk doesn't learn from his mistakes and doesn't respect public sentiment, this could have dire consequences for his career and companies in the future.
My concern is that the stock prices of Elon Musk's companies are affected by bad business decisions. This could pose a risk to investors and could lead to a loss of public confidence in him and his companies. If Elon Musk doesn't learn from his mistakes and doesn't respect public sentiment, this could have dire consequences for his career and companies in the future.
From a producer of SpaceX and Tesla, you believe that selling Twitter is a big loss for him? I am not even talking about the money but the kind of skills this man possesses, he is like no other and this is not a failure, believe me, this man is one in a million because he has never run out of good ideas before, let's wait and see, because what he will unfold next will be surprising, fingers crossed.
Please don't take it otherwise to those who are Elon supporters. I myself will not deny his contribution to the crypto world. He is a successful businessman but if he applies the same strategy everywhere as he does in other businesses, the results may not be good there. His loss on Twitter is nothing but his strategy was definitely wrong. If you notice that SpaceX has no competitors then he can succeed in whatever way he chooses, but unlike social media, there are a lot of competitors in this platform. Most of the users were against the decisions that were taken with his Twitter and as a result he was forced to lower the price of Twitter. I am providing a link to finance.yahoo as a reference.
Sorce: https://finance.yahoo.com/news/elon-musk-puts-20-billion-005335181.html
Sorce: https://finance.yahoo.com/news/elon-musk-puts-20-billion-005335181.html
I have also heard many news which are criticizing Elon Musk polices after he take ownership of twitter like payment of monthly fee for blue tick. But I don't think there is decline in popularity of twitter at least in my country i.e. Pakistan. People are still using it as a tool where they can share their opinion or raise voice against government policies and twitter has not changed any stance on it. We need to wait for a year or two to see the financial impact of Elon Musk policies on twitter. Till then we can enjoy this platform.
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