Good for TWTR but not great for its employees given how Elon runs his companies.
Elon Musk to join Twitter’s board of directors
141–150 of 1001 posts
Re: Elon Musk to join Twitter’s board of directors
#142He filed forms that he was going to be a passive investor, and the same day joined the board after discussion that had been in the works for weeks. This is strike two on misleading investors. I haven't seen analysis on whether it was illegal, but I wouldn't want somebody like him on my board even if it succeeded in keeping him from buying up more stock. With him on the outside, maybe he causes more trouble than on th…
> He filed forms that he was going to be a passive investor This was almost certainly done by a lawyer working on his behalf. This strikes me as a technicality of paperwork that is being seized upon by the media as a way to portray Musk in the worst possible light. > I wouldn't want somebody like him on my board In this hypothetical, what is your role (i.e. fellow shareholder, CEO, employee)? I ask because shareholde…
It's ironic you call it out as a technicality because whether a lawyer or Musk filled out the form is itself a technicality
Re: Elon Musk to join Twitter’s board of directors
#143Earlier quoted context omitted.
You can generate great returns for investors and mislead them at the same time.
I don't feel being misleaden. Yes, Elon is sometimes over hyping things. I don't mind. He makes extremely cool stuff which sells by its merit. I like the visionary talks because a company that never talks about the possibilities of future is super-boring and IMHO can't be as successful as Tesla is - even if it doesn't materialize in the specified time span or in its entirety - because there'd be nothing truly new, ju…
> I don't feel being misleaden.
That doesn't mean you weren't.
The rest of your comment almost reads like stockholm syndrome - or mostly just rationalizing being misled.
Re: Elon Musk to join Twitter’s board of directors
#144Earlier quoted context omitted.
Shareholders like him on the board, and they would be even happier if he were running the company, because an Elon-run Twitter would be a lot more profitable.
> an Elon-run Twitter would be a lot more profitable. I'm not so sure about that. He doesn't have a lot of experience with running ad sales. His big breaks have been PayPal (kind of), Tesla and SpaceX. None of which were social, none of which were "free".
So you think he got 3 lucky breaks when with electronic payments, electric cars, and space rockets, and Twitter is too hard?
Re: Elon Musk to join Twitter’s board of directors
#145Earlier quoted context omitted.
Misleading investors is one of Elon’s main jobs. And he’ll continue doing so, as we doesn’t face any consequences for it (expect for becoming ultra rich).
Are you a shareholder of TSLA? I am, and I am happy with Elon.
I've been both a shareholder (since 2013) and customer of Tesla, and probably won't buy one of their products again. I feel deceived about spending over $5k on that "full self-driving" package that three years later still does nothing of the sort.
The fact that I made a little money on Elon's coattails doesn't make it OK for him to constantly lie to customers.
Re: Elon Musk to join Twitter’s board of directors
#146Earlier quoted context omitted.
I sympathize but very rich people owning the media never ends well
Who owns the media and big tech now??? It's not poor people! At least Elon Musk is a very rich person who believes in free speech. Which is good for us poors. Twitter and the national discourse will be objectively better for working class voices as a result. Less so for the gatekeepers and media elite commentariat.
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Re: Elon Musk to join Twitter’s board of directors
#147Earlier quoted context omitted.
Elon is his one of his new bosses, I would take anything the CEO says with a grain of salt.
I give his tenure as CEO 6 months at most before he's forced out by the board, or resigns for ideological differences. The changing wind that Elon is going to usher in is going to be fundamental and sweeping, and I wouldn't be surprised to see an exodus of employees follow.
An employee exodus from Twitter would only be a good thing in my eyes. They're all too ideological from my experience.
Re: Elon Musk to join Twitter’s board of directors
#148Earlier quoted context omitted.
Elon is his one of his new bosses, I would take anything the CEO says with a grain of salt.
I give his tenure as CEO 6 months at most before he's forced out by the board, or resigns for ideological differences. The changing wind that Elon is going to usher in is going to be fundamental and sweeping, and I wouldn't be surprised to see an exodus of employees follow.
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Re: Elon Musk to join Twitter’s board of directors
#149Earlier quoted context omitted.
Misleading investors is one of Elon’s main jobs. And he’ll continue doing so, as we doesn’t face any consequences for it (expect for becoming ultra rich).
Are you a shareholder of TSLA? I am, and I am happy with Elon.
Do you realize how short sighted this sounds?
"I don't care what Elon does as long as it makes me money."
Re: Elon Musk to join Twitter’s board of directors
#150He filed forms that he was going to be a passive investor, and the same day joined the board after discussion that had been in the works for weeks. This is strike two on misleading investors. I haven't seen analysis on whether it was illegal, but I wouldn't want somebody like him on my board even if it succeeded in keeping him from buying up more stock. With him on the outside, maybe he causes more trouble than on th…
Misleading investors is one of Elon’s main jobs. And he’ll continue doing so, as we doesn’t face any consequences for it (expect for becoming ultra rich).
Elon Musk is kind of obnoxious. He lies (or "exaggerates"). But what Tesla has done is insane. It's happened so quickly, and that's leaving aside the rockets. The hard evidence that we can build new things, that we can progress and build a future that's better than the present is so important. If it takes a flawed man to show us that, I'll take it.
If you hate Elon Musk, consider probing your mind deeply to figure out why. It may just be that you're an Ayn Rand villain.