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Elon Musk may have to sell billions in Tesla stock to rescue X

Musk’s repeated outbursts against advertisers have dried up the main source of revenue for the loss-making company formerly known as Twitter. A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped. At some point, he will have to provide a fresh infusion of cash to salvage his $44 billion takeover.

elgordino ,

Maybe the Saudis and Qataris will chip in some more cash to help him out.

Gsus4 ,
@Gsus4@mander.xyz avatar

Is there any basis to that conspiracy theory besides some grudge about the arab spring against twitter and its agitators?

Gingerlegs ,

Oh nooo 😂

ininewcrow ,
@ininewcrow@lemmy.ca avatar

Anyway

finickydesert ,
@finickydesert@lemmy.ml avatar

Why is he since he maybe going to jail soon

tacosanonymous ,

I don’t think that’s likely.

timewarp ,
@timewarp@lemmy.world avatar

I have to give Musk credit. At least he help narrow my car buying decision to know at least one brand that I’ll never buy.

Atelopus-zeteki ,

Super Helpful!

Nollij ,

There are many reasons to avoid Tesla, regardless of Musk. The complete lack of independent repair was my deal breaker, but you’ll find your own. Their competition is looking pretty good these days, too.

tiredofsametab ,

He also removed an option for home battery storage solutions for me.

dinckelman ,

Womp womp

Spitzspot ,
@Spitzspot@lemmings.world avatar

Let that sink in.

dohpaz42 ,
@dohpaz42@lemmy.world avatar

https://www.the-sun.com/wp-content/uploads/sites/6/2022/10/SC-Musk-Twitter-HQ-Breaker-OP-copy.jpg?w=1920

snooggums ,
@snooggums@midwest.social avatar

What an unfunny dipshit. He actually thought that was clever.

pennomi ,

It might’ve been funny if he was remotely likable. Turns out that humor depends highly on not being an asshole.

DxK ,

Nah, the problem is there’s just nothing humorous about it. Not even Robin Williams could’ve made that bit work, and everybody loves him. (RIP)

Deceptichum ,
@Deceptichum@quokk.au avatar

I thought everybody loves Raymond?

saltesc ,

His abusive wife clearly doesn’t .

ThePantser ,
@ThePantser@lemmy.world avatar

It is clever, he told everyone up front that he was there to sink the company.

takeda ,

Yeah, he is sinking it.

Protoknuckles ,

If he sells enough Tesla stock, he may save both companies!

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

I believe the appropriate thing to say to Elon here is, “go fuck yourself.”

dogsnest ,
@dogsnest@lemmy.world avatar

Interesting 🤔

LEDZeppelin ,

Let me be very clear 👌go fuck yourself 👌

raoul ,
@raoul@lemmy.sdf.org avatar

👎 𝓰ℴ 𝒻𝓾𝒸𝓴 𝔂ℴ𝓾𝓇𝓼ℯ𝓵𝒻, 𝓮𝓁𝓸𝓃 🖕

TransplantedSconie ,

Let me say it in Italian American

gestures wildly with hands with each word

“Why dont yos go fuck yoself, motha-fucka!”

dariusj18 ,

💩

ProfessorProteus ,
@ProfessorProteus@lemmy.world avatar

I nominate Steven Ogg for the task.

MediaBiasFactChecker Bot ,

Fortune Magazine - News Source Context (Click to view Full Report)Information for Fortune Magazine:
> MBFC: Right-Center - Credibility: High - Factual Reporting: High - United States of America
> Wikipedia about this source

Search topics on Ground.Newshttps://fortune.com/2024/08/15/elon-musk-tesla-stock-sale-twitter-x-advertiser-boycott-finances-bradford-ferguson/

Media Bias Fact Check | bot support

gedaliyah OP ,
@gedaliyah@lemmy.world avatar

Free market capitalism will say to let it fail.

dogsnest ,
@dogsnest@lemmy.world avatar

Big if true.

Potatisen ,

BIG

*if true

dohpaz42 ,
@dohpaz42@lemmy.world avatar 

<span style="color:#323232;">if (mode(FREE_MARKET_CAPITALISM) == TRUE) {
</span><span style="color:#323232;">    big();
</span><span style="color:#323232;">}
</span>
dogsnest ,
@dogsnest@lemmy.world avatar

This guy ifs.

xmunk ,

Maybe, or they else.

dohpaz42 ,
@dohpaz42@lemmy.world avatar

Why not both?

tabarnaski ,

You don’t need " == True" except if it’s the name of a variable that’s not boolean, in which case it wouldn’t make sense to name it “True”.

-1

SteveFromMySpace ,

The market couldn’t bear his fragile, bigoted ego.

themeatbridge ,

Let it die

Maggoty ,

Oh that’s okay they’ll make an exception for him. He’s too rich.

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