Pages:
Author

Topic: Elon Musk and the fall of Twitter - page 21. (Read 3077 times)

legendary
Activity: 2520
Merit: 1218
March 27, 2023, 03:59:27 AM
#33
Twitter is under Elon Musk management for less than half a years. I think it is early to say about fall of the Twitter or that that deal in October 2022 was a failure. This is a long lasting investment. This is like comparing Bitcoin price for 6 month period. Indeed it does not look like a best investment. I think we still need to wait a couple of years before making such loud accusations that Elon has lead Twitter to an end. Despite purchasing Twitter and changing its head management, he hasnt done anything that might really lead to a fall.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
March 27, 2023, 03:17:49 AM
#32
Theirs concept i want to understand very well, is that Elon musk want to sell the twitter he bought or he wants sell shares, because it's well known that if Elon should sell Twitter right now he will be at negative side of it. So therefore i believe that information is not really concrete or i misunderstood the information.

Why would he sell Twitter now? He is now conducting some kind of activity there, changing something, I hear from many that their accounts are blocked, most likely this is not a very correct work of bots, but still. He wants to make twitter better, and right now I understand he's fighting to purge twitter of questionable accounts. Let's see where it leads, but so far I see that for the mask this is just a new toy, and so far she hasn't bothered him.
sr. member
Activity: 1344
Merit: 253
March 27, 2023, 01:49:45 AM
#31
Am I the only one who just noticed the delete function is no longer available?
I can't really say whenever exactly this function was removed but I only noticed it today. To be honest, am not very have especially with this changes, I can say this has affected me directly, other changes he made around twitter has no direct impact on me as this does. Elon needs to be careful with these several changes before he makes the platform unusable.

They are constantly making changes since Elon's takeover. It was working fine before but now they have made the user experience much worse in order to try and extract the most value from this platform. There is a ton more ads to make up for the advertisers that left and my feed is full of random people's tweets who I don't follow, which seems like a poor attempt to increase engagement.
I guess it came from internal sabotage after Elon cut over 70% of staff since taking over.  Maybe Elon has recognized the problem, but the internal processing time is still not stable, the service of twitter continues to degrade.  Nothing major has changed to twitter's reach and reach since Elon acquired Twitter but I don't think Elon will let things fall apart so simply. I still expect to see them announce the NFT tweet Tiles feature soon and crypto adoption as a form of payment for the platform.
of course there will be changes that are interconnected, at first there might be turmoil that is normal, but we don't know what strategy Elon Musk will implement. I don't think he'll be careless about dropping Twitter, but that's the way to go for his success, just like when he catapulted Doge, no one knew about his plans.
sr. member
Activity: 980
Merit: 311
March 27, 2023, 01:37:37 AM
#30
I am not sure about the figures shared by the Op I can assure you Ellon musk is not a personality who will deal with the loss, In my view, Twitter is not the same as before and there are many things Ellon musk can do with Twitter. Also, this is a fact is not every business does its best in profit-making. Also, I am a little bit confused about how you are calculating the Twitter capital value because I can't see any changes in the share price there are minor drops and the capital value is also $41B+.

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
full member
Activity: 1456
Merit: 120
Buzz App - Spin wheel, farm rewards
March 27, 2023, 12:44:06 AM
#29
Am I the only one who just noticed the delete function is no longer available?
I can't really say whenever exactly this function was removed but I only noticed it today. To be honest, am not very have especially with this changes, I can say this has affected me directly, other changes he made around twitter has no direct impact on me as this does. Elon needs to be careful with these several changes before he makes the platform unusable.

They are constantly making changes since Elon's takeover. It was working fine before but now they have made the user experience much worse in order to try and extract the most value from this platform. There is a ton more ads to make up for the advertisers that left and my feed is full of random people's tweets who I don't follow, which seems like a poor attempt to increase engagement.
I guess it came from internal sabotage after Elon cut over 70% of staff since taking over.  Maybe Elon has recognized the problem, but the internal processing time is still not stable, the service of twitter continues to degrade.  Nothing major has changed to twitter's reach and reach since Elon acquired Twitter but I don't think Elon will let things fall apart so simply. I still expect to see them announce the NFT tweet Tiles feature soon and crypto adoption as a form of payment for the platform.
sr. member
Activity: 686
Merit: 286
March 27, 2023, 12:21:44 AM
#28
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.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
March 27, 2023, 12:15:17 AM
#27
Am I the only one who just noticed the delete function is no longer available?
I can't really say whenever exactly this function was removed but I only noticed it today. To be honest, am not very have especially with this changes, I can say this has affected me directly, other changes he made around twitter has no direct impact on me as this does. Elon needs to be careful with these several changes before he makes the platform unusable.

They are constantly making changes since Elon's takeover. It was working fine before but now they have made the user experience much worse in order to try and extract the most value from this platform. There is a ton more ads to make up for the advertisers that left and my feed is full of random people's tweets who I don't follow, which seems like a poor attempt to increase engagement.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
March 26, 2023, 10:50:03 PM
#26
Elon Musk is a businessman and Twitter seems like a new industry for him but thinks that Im sure he make a Twitter profitable company. Since I hear that most of Twitter's revenue comes from ads.

And about the laid-off, I think this just does not happen to twitter alone even the biggest company like Google is laying off people Google laid off 12,000 employees across the globe - https://www.businesstoday.in/technology/news/story/why-me-googles-star-performer-laid-off-in-recent-wave-of-job-cuts-371754-2023-02-28

hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
March 26, 2023, 06:26:57 PM
#25
Without having to temper with Twitter features, Twitter was really doing great the way it was, and Elon Musk was also making good earnings from social media. He first said he was going to make Twitter a payment gateway that overshadows PayPal, and now his plans to sell it, (oh wow), this genius is just full of surprises, and I still believe he's got something he's working on; maybe he's noticed that Twitter could not work the way he'd expected. Lately, I can't change my Twitter password; it just becomes difficult to login because I've forgotten my password, and restoring the password is not just working.
hero member
Activity: 1666
Merit: 723
Enjoy 500% bonus + 70 FS
March 26, 2023, 06:23:22 PM
#24
I am not sure about the figures shared by the Op I can assure you Ellon musk is not a personality who will deal with the loss, In my view, Twitter is not the same as before and there are many things Ellon musk can do with Twitter. Also, this is a fact is not every business does its best in profit-making. Also, I am a little bit confused about how you are calculating the Twitter capital value because I can't see any changes in the share price there are minor drops and the capital value is also $41B+.
Theirs concept i want to understand very well, is that Elon musk want to sell the twitter he bought or he wants sell shares, because it's well known that if Elon should sell Twitter right now he will be at negative side of it. So therefore i believe that information is not really concrete or i misunderstood the information.
sr. member
Activity: 1288
Merit: 253
casinosblockchain.io
March 26, 2023, 06:14:50 PM
#23
He was too eccentric and became so rich that he was often hated by many, many of whom laughed and prayed that he would collapse every time his company was in trouble. But I also believe that he knows what he is doing, he cannot simply become the richest man in the world. The business has ups and downs, can't go smoothly forever, don't just because of some bullshit news in the press that says Twitter will fall.

Twitter will not just go down at this point as long as there are still many users, because Twitter has also been a very popular social media platform for a long time. And Elon Musk is a smart person in several ways so he is always very aware of what he is doing and which sectors are still very weak to improve to be better.

People who want the destruction of all of Elon Musk's businesses are people who hate Elon Musk, while those who are able to make a partnership with Elon Musk certainly don't expect that to happen to Elon Musk because they also really want to continue doing business with Elon Musk. I think that Elon Musk, who has become rich, cannot be separated from his intelligence in running a business and seeing opportunities to advance his own business by entering into contracts with the parties he needs.
STT
legendary
Activity: 4102
Merit: 1454
March 26, 2023, 05:59:29 PM
#22
Many geniuses are not suitable to be CEO of a firm.   He is a bit too domineering to really be the best head of a public communications company, I think he has admitted comms is not his greatest strength so it is a strange choice to buy at many billions over base worth.    I dont disagree he might make a profit (at great labor, time and effort) but its not been to the benefit of his Tesla shareholders for sure and that was duely noted by the wider market.
legendary
Activity: 3542
Merit: 1352
March 26, 2023, 05:58:39 PM
#21
He's been acting high and mighty after he's purchased Twitter. A lot of the users I came across in that platform are totally not happy with how Elon is handling the social media platform, especially its employees who are being laid-off everywhere. While the stock valuation of most of his companies are still doing good, I believe that one single mistake from the billionaire will see those prices tumbling. He's treading on dangerous areas right now, and if he's not very careful he may see his downfall sooner.
legendary
Activity: 3038
Merit: 2162
March 26, 2023, 05:57:00 PM
#20
This isn't even his first failure. Before that there was Hyperloop and Boring Company. And the mistakes that he make are really amateurish. To the point when I'm wandering if SpaceX and Tesla succeed not because of Musk but despite of him. And maybe one day they will too lose half of their value when Musk announced some stupid changes that fundamentally change the relationship with customers for worse.
sr. member
Activity: 1362
Merit: 258
Vave.com - Crypto Casino
March 26, 2023, 04:58:54 PM
#19
selling shares to employees is not a good thing here where Elon can give space to his employees to own shares where he works, I'm sure Elon has its own goals behind all of this, as we know Elon will not experience high losses.
can you provide real data numbers
hero member
Activity: 2464
Merit: 519
March 26, 2023, 04:40:41 PM
#18
About 4.9% of Twitter's shares were owned by Musk as of 2021, which represented approximately 22.4 million shares. Considering his frequent purchase and sale of shares of various companies, it's possible that his ownership stake has changed since then. It's likely, however, that Musk's opinions and actions will have some impact on public discourse and political discussions, given his high profile and influence as the CEO of several prominent companies. In addition to affecting his business, this involvement seems to have a negative impact on it in the future.
legendary
Activity: 2982
Merit: 1153
March 26, 2023, 04:38:26 PM
#17
Naturally, Twitter's revenue has declined and is likely to further decline in the coming days.

From what is on that graph, it isn't looking like there's a decline in revenue from Twitter. If anything, it's looking like revenue is on a steady rise instead. Come to think of it, this period is a time where most companies aren't finding it easy with inflation and all that on the increase. I know that a lot of people didn't like the shakeup at Twitter when Musk took over but that's what should happen during a takeover by a new owner. In all of this, I still believe the ingenuity of Elon Musk to turn any bad situation to a great one. He isn't the richest man on the globe by luck. Dude knows what he's doing.

I second your observation.  From the graph, it looks like Twitter revenue is still uptrending, the graph shows not a decline but a slowing down of profit growth.  It is due to the reached audiences.  Since the majority of the population had been reached in its earlier years and the competition got tighter in the recent year, the revenue growth somehow slows down. Or some done deals that haven't been renewed or replaced yet.  That flow is normal especially when Twitter already reached its peak the trend will surely slow down.

Those company that stops promoting on Twitter will surely be replaced by other company.  I still think twitter's influence and marketing power is still on its peak.  These companies that stop promoting on Twitter are probably fueled by some propaganda or their contract is finished.

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?

He is a genius and he will certainly surprise you and everyone.

Maybe not all his companies will skyrocket,  but most of them are

Let's not confuse Elon's eccentric personality with his abilities and virtues, which he clearly has.


All indications indicate that the Twitter deal is a loser and that it was in a kind of show. Elon Musk is a genius in his management of projects with new and ambitious ideas such as Tesla and SpaceX, but his adventure with social media platforms was not very genius since the company had not generated revenues for years before its purchase and that the price offered was imaginary that exceeded its real value. Even if he succeeds in saving Twitter from the difficulties it is going through, this may cost more time, more effort, and huge capabilities, much more than what was initially planned.

I think it is expected because twitter first move is to clear its platform of idle accounts and clear its office of employees.  Regardless, I believe Elon Musk is not showing any distress or problem on the status of Twitter.  It simply shows he know what he is doing.  Besides, it takes time for a company to rebound when it cleans its system.
hero member
Activity: 2338
Merit: 757
Top-tier crypto casino and sportsbook
March 26, 2023, 04:09:07 PM
#16
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?

He is a genius and he will certainly surprise you and everyone.

Maybe not all his companies will skyrocket,  but most of them are

Let's not confuse Elon's eccentric personality with his abilities and virtues, which he clearly has.


All indications indicate that the Twitter deal is a loser and that it was in a kind of show. Elon Musk is a genius in his management of projects with new and ambitious ideas such as Tesla and SpaceX, but his adventure with social media platforms was not very genius since the company had not generated revenues for years before its purchase and that the price offered was imaginary that exceeded its real value. Even if he succeeds in saving Twitter from the difficulties it is going through, this may cost more time, more effort, and huge capabilities, much more than what was initially planned.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
March 26, 2023, 03:57:05 PM
#15
I knew there would be a problem right from the first day he purchased the twitter because he thought he can manipulate twitter just as he does with altcoin project but never because there are more to learn. I believe the previous owner of twitter may not reveal those secret to him and believe me or not, if time not taken the previous owner will come back to buy his company back if Elon Musk wants to sell it back again. His problems started when he sack those staff and i believe they are the bed rock of twitter and they knows how to manage it properly unlike those he employed now coupled with those restrictions he sets to limits people. As for me I never thought he could so such a thing without him sourcing to know the secret behind twitter before sacking any of the workers.

You can't used the knowledge of a banker to go become a Doctor talk less of wanting to carry out a surgical operation without enrolling back to studying those things over the years before implementing new rules.
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
March 26, 2023, 03:46:34 PM
#14
Did he really plan to sell $20B for the entire stocks he's got with Twitter? AFAIK, he's sold $4B of shares and I just learned of it when I searched it when saw this topic. Well, no doubt that he's a great businessman but sometimes we don't see where he is coming from and his visions. If it's for real that he's trying to sell the entire holdings he's got for Twitter for less than the amount he's paid for it, maybe that's his way of admitting that he's tired of this company. But as a businessman, I don't think that he's doing that just to cut loss and before purchasing it, he has thought of it a hundred times. That's why if he ever says that he's willing to sell all of it, I doubt it. He even said that he's willing to step down as CEO but did he?
Pages:
Jump to: