Critics say decision by Elon Musk-owned company is ‘extremely concerning’ ahead of Australia’s Indigenous voice to parliament referendum

  • Potatos_are_not_friends@lemmy.world
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    1 year ago

    Getting kinda sick of those whole “Elon bought Twitter to destroy it!” Perspective. Read the history.

    1. He was trying to manipulate stocks (successfully) like he has for years.

    2. Finally, it caught up with him and didn’t work and he was forced to buy it or get sued.

    3. He tried really hard for months to “reinvent it”.

    4. He’s really really fucking stupid and with his drug habits and wealth, doesn’t live in a state of reality

    5. Twitter gets worse and worse because his knee jerk solutions aren’t working. Because unlike his other companies that run with competent people who block Musk from intervening, Twitter was pure Musk at the helm.

    Stop with the conspiracy bs. There’s so much documented resources to follow this history.

    • Voroxpete@sh.itjust.works
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      1 year ago

      You’re right and you should keep on saying it.

      The thing that annoys me the most about this ridiculous theory is that it’s just playing right back into the deluded notion that he’s some kind of genius.

      He’s not. He went to court to try to get out of buying Twitter. They had to force him into it.

      He never actually wanted to buy the bloody thing, and now he’s just doing the best he can with a bad deal. And it turns out his best really, really sucks.

      And for the people out there touting the “Actually the Saudis are forcing him to tank it” version of this nonsense, please try to answer these two questions;

      1. What kind of insane leverage do they have on him that he’d be willing to burn $200bn of his net worth over this (which is roughly what it’s cost him when you factor the damage to the Tesla share price, and that’s not counting the almost a billion in interest he’s paying the Saudis every year for those loans)?

      2. If he knew the plan was to set this thing on fire, why would he attach the X name to it? X is Musk’s precious little baby (literally as well as figuratively); it’s been his obsession his entire adult life. Musk has never stopped trying to make X.com happen. His obsession with it is what got him booted out of PayPal. If the plan was to give Twitter a Viking funeral, why in God’s name would he take something so important to him and throw it on the pyre?

    • circuscritic@lemmy.ca
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      1 year ago

      This should become a copypasta, or stickied to every thread relating to the sometimes slow, sometimes fast, trainwreck that is X’itter.

    • Pxtl@lemmy.ca
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      1 year ago

      I agree on most of it, but I have genuine conspiracy theories I can’t let go of about the end of the “state media” flag. Applying the state media flag to BBC and CBC and NPR was an excellent way to kill it for his Saudi and Russian friends.