Twitter laid off like 8,000 people and the program is working just like before.
What were all those people doing, eating fancy lunch all day?
What were all those people doing, eating fancy lunch all day?
Has TESLA stock price finished dropping, or how low will it go?
- Thread starter Danno
- Start date
So I read this entire thread and didn't see anyone mentioning that Tesla more or less followed the entire Nasdaq pattern - although amplified - it was up more than the average on the way up, and its down a little more than average on the way down. Elon also has been selling stock for a while also - so that doesn't help either - especially when the stock is going down.
I have no idea whether TSLA is a good buy here or not, but I think the action has a lot more to do with the overall market than Elon's tweets.
I have no idea whether TSLA is a good buy here or not, but I think the action has a lot more to do with the overall market than Elon's tweets.
edyvw
$50 site donor 2025
No it is not working as before. Bcs. there is flood of Russian bots etc.
There are outages all the time.
Twitter did $4 blue check, meaning that when you apply for blue check, “people that did not do anything,” actually ran check on you.
Musk came with “brilliant,” idea to charge $8, but no check, bcs. for Russian, Iranian, North Korean intelligence, $8 is too expensive, so why would you need people.
On this planet, it is as DUMB as it gets.
Edit: he also lost 50 of his 100 top advertisers bcs. they tend not to like having advertisement next to Tweet posted by neo-nazis etc.
Other than that, going great.
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OVERKILL
$100 Site Donor 2021
I haven't seen any more bots than were on the platform previously
I've yet to see one twitter outage since he took over. There were rumours there were going to be outages, but that has not materialized.
Twitter had implemented "Twitter Blue" which did NOT give you the blue check, but added some features, like the ability to edit, tweet priority...etc.
Musk's idea was to allow people who subscribed to Twitter Blue to also have the "verified" blue check. This of course turned into the dumpster fire one expected it would as people decided to impersonate other people and organizations and because both had the blue check, it was not immediately apparent it wasn't the real account. This function has since been retracted while it is re-evaluated.
I've heard that claim, and "leftist" twitter does seem to be melting down, regularly, but I've personally, not seen anything different than prior to the takeover. YMMV, but it's always best to take anecdotes, particularly those provided by folks that might have a certain "angle", with a grain of salt.
There sure are some knee-jerk reactions here regarding Twitter under Elon's leadership. Jeeze, he's only been in charge for less than a month. Give the guy a chance. He's assembling a team of executives who will fix the problems and then start to implement the improvements and new features that are Elon's vision of what Twitter should be.
Then he can get back to work with his companies that he has some expertise in. And let Twitter be another one of his success stories.
Then he can get back to work with his companies that he has some expertise in. And let Twitter be another one of his success stories.
edyvw
$50 site donor 2025
The actual check existed prior to him taking over. I know, I had one. You could not just like that claim account without being checked. Blue check guaranteed that.I haven't seen any more bots than were on the platform previously
I've yet to see one twitter outage since he took over. There were rumours there were going to be outages, but that has not materialized.
Twitter had implemented "Twitter Blue" which did NOT give you the blue check, but added some features, like the ability to edit, tweet priority...etc.
Musk's idea was to allow people who subscribed to Twitter Blue to also have the "verified" blue check. This of course turned into the dumpster fire one expected it would as people decided to impersonate other people and organizations and because both had the blue check, it was not immediately apparent it wasn't the real account. This function has since been retracted while it is re-evaluated.
I've heard that claim, and "leftist" twitter does seem to be melting down, regularly, but I've personally, not seen anything different than prior to the takeover. YMMV, but it's always best to take anecdotes, particularly those provided by folks that might have a certain "angle", with a grain of salt.
Today that is not possible.
The amount if bots went dramatically up. I am in business that has to deal with it. It is ridiculous the amount of accounts that I personally block that are popping out on a daily basis.
I didn’t even mention impersonation, but you are right, it is huge problem.
It is very easy to check who left Twitter when it comes to advertisers. United was I think first big company to bail out. He has to creat traffic to bring back advertisers. Problem is, what kind of traffic. Many don’t want to be associated with content.
Sporadic outages are happening. He managed to get some of those 8,000 people back to work, at different wage, of course.
So, with all this, stock will go down. Is Twitter going to go away or survive is still questionable and it will take time. It is now his company, he has right to do anything he wants. But, it shows his leadership style in open, it shows his personal priorities when it comes to various controversial and not so contradictory issues, which all will reflect on Tesla.
edyvw
$50 site donor 2025
That is not an issue that is at the core. Problem is deeper than management style. He took over platform that is not revolving around engineering, but humans.
Of course, keep in mind he owns money to people that one really doesn’t want to own.
A lot of the price of Tesla stock was a bet on Elon Musk, not on the car company. I believe that Elon was the patron Saint of the left wing green crazies for producing viable electric cars. They just assumed, since he was "doing good" that he was one of them. Then, when he bought Twitter, ended the undeniably biased censorship masquerading as truth checks, fired all the drone employees and announced he would no longer vote for the left he became a traitor in their eyes. Now they are punishing him. Tesla stock which was overvalued by any traditional stock market metric dropped when starry eyed investors became disenchanted with him and dumped it.
If you want to pronounce Twitter dead you are ignoring Musk's history of taking dying corporations and turning them into stars. In the last 5 years he has taken Tesla from almost certain bankruptcy to where it is now. Look at what he has done with SpaceX. He hires and keeps star performers. He culls unmercifully.
I'm like Dave Hess. If the stock drops low enough I'll buy for the long term.
If you want to pronounce Twitter dead you are ignoring Musk's history of taking dying corporations and turning them into stars. In the last 5 years he has taken Tesla from almost certain bankruptcy to where it is now. Look at what he has done with SpaceX. He hires and keeps star performers. He culls unmercifully.
I'm like Dave Hess. If the stock drops low enough I'll buy for the long term.
JHZR2
Staff member
Folks say that Tesla is priced like a tech company. I guess others didn’t get the memo that tech is tanking. Too many idiots too proud of their tech which isn’t really more than advertising.
At least TSLA has a product. Of course that means their P/E should probably look like industrials long term. But I’m not entirely sure what we see here is that action.
I may actually sign up for twitter just to show Musk some support… one person at a time…
Tesla owns several patents in battery tech, and autonomous driving. So they should trade somewhere in between an industrial and a software outfit from a P/E perspective. I think long term this will be what Tesla might ultimately settle on doing - the tech part. Lets face it - there are countless companies that can assemble a car, many much better than Tesla.
I wouldn't buy it at any price because of Musk's personal views (legitimizing criminal wars and annexations).
We all don't buy certain products when we feel they are not aligned with our personal views.
We all don't buy certain products when we feel they are not aligned with our personal views.
JHZR2
Staff member
Battery tech is a dime a dozen. AI/ML/Autonomy are current buzzwords that get lots of R&D funding. Thus it’s a question if a company like TSLA retains best of breed.
Apparently their LFP cells are a Chinese design. Not good…not their own.
My guess is that there was a lot of internal sabotage going on from the anti-Musk people at Twitter. It will take time to clean it all up.
edyvw
$50 site donor 2025
Not sure how?
Most left (he didn’t fire most people. They didn’t want to work for him. These people are not floor workers at Tesla factory). He relied in the beginning on OPT and H1B1 workers bcs. they didn’t have options. Some returned after he realized things can’t run bcs. he wishes they run that way. Of course, they cashed on that.
He won’t be able to hire people like Nada Bakos with this approach. People like that, who were instrumental to weeding out outside state actors, care about things that Musk doesn’t understand.
What Twitter board cared was that they hooked fool on it, and he couldn’t bail out. This was windfall that no one ever expected, and then, “genius “ showed up.
Nope. Tesla makes cars faster and their margins are, by far, the best in the industry.
They make a single model cheaper, based on one fancy press, and the capital cost may or may not be factored in - who knows with Tesla's books.
Even if its true, the press design isn't Tesla's - it belongs to Idra - the Italian outfit that made it. My guess is they will make one for others if someone wants it.
Tesla is a tech company.
Tech is highly cyclical; not for the faint of heart. Huge swings, downturns, ramps, etc. are the norm. TSLA bought before Dec 2021 shows a profit, go back another year to Jan 2020 and you get a 6x gain.
Your "Tesla has a product" is spot on.
Tesla's products have 2 of the highest selling cars in the world and the #1 vehicle by revenue. That car, the Model Y, will likely outsell the Corolla in 2023 or 2024. Not bad for a vehicle so expensive and profitable, as compared to the econobox (low margin) Corolla.
The 1st SEMI trucks will be delivered to Pepsi within weeks; Tesla has years worth of orders. The goal is 50,000 SEMIs per year. Quite a goal...
The long delayed Cybertruk lines are being built at Austin as we speak. Pre orders are in the 1.5M range.
One can argue vapor ware so far, Tesla has to execute.
You go from "Lets face it - there are countless companies that can assemble a car, many much better than Tesla." to "who knows" to "Even if its true" to "if someone wants it".
That's quite a leap.
No one can time the market. Except maybe Kreskin.
People should be investing long term. At least 5 years.
People should be investing long term. At least 5 years.
