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Twitter CEO fires two top executives, freezes hiring

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Re: Twitter CEO fires two top executives, freezes hiring

#701

Post by alvah »

sudosysgen wrote: post #673
zamfi wrote: post #356

Earlier quoted context omitted.

Tesla produced the first ICE-equivalent EV sedan that was not merely a "compliance vehicle" in decades. Then, it turned out, people bought them by the hundreds of thousands, single-handedly recreating the market for EVs. Then, other manufacturers noticed, and started realizing they might be left behind if they didn't take EVs seriously. Now, sure, there are many competitors, but even still they have only been built i…

By the time Tesla had sold 100,000 Model S cars in the US, Nissan had already sold over 110 000 Leafs. Tesla created the market for high-performance EVs. They did not create the overall EV market. The high-end market is only a small part of the numbers.

"The high-end market is only a small part of the numbers" correct, but in a parallel universe where Tesla didn't exist & the typical EV looked & performed like a Leaf, would anyone actually want an electric car? Marketing and psychology are important.

Re: Twitter CEO fires two top executives, freezes hiring

#702

Post by philjohn »

cyberlurker wrote: post #599
semi-extrinsic wrote: post #578

Earlier quoted context omitted.

> Tesla has plainly kicked the ass of the European and Asian auto giants Tesla had 1.4% of all cars sold in 2021, by number of units. Going by revenue it's somewhere around 1%. It is kinda hard to see that as kicking the asses of the competition. Kicking ass would be more like what happened with smartphones, where iOS + Android went from 0 to >90% market share in the space of five years, leaving Nokia, Palm, Blackber…

Expensive cars in the emerging EV market. 1.4% is great.

Tesla has 14% of the EV market, VW Group has 12% - and closing fast.

They also have a much larger dealership network.

Re: Twitter CEO fires two top executives, freezes hiring

#703

Post by alvah »

sudosysgen wrote: post #665
paganel wrote: post #325

Earlier quoted context omitted.

> There are competitive cars vs tesla for electric It is my belief that those "competitive cars" wouldn't have happened if it hadn't been for Tesla.

That is quite unreasonable to expect. The Renault Zoe came out at around the same time as the Model S and had over 150km of reasonable range, at half the price a Model 3 sells at today. It was already competitive.

I doubt many people choose between the two though, they're very different propositions.

Re: Twitter CEO fires two top executives, freezes hiring

#704

Post by sergiotapia »

quickthrower2 wrote: post #593
DantesKite wrote: post #501

Earlier quoted context omitted.

You're 100% correct. They shut down Vine. TikTok is now a billion dollar industry. As far as I'm concerned, every product manager involved in that decision shouldn't be involved with Twitter anymore, because they display an astonishingly level of incompetence.

Wow, never heard of Vine (call me out of touch grumpy old man user persona!), but reading the wikipedia page, what is amazing it was aquired for less than one of today's early rounds - $30m. Maybe they were "too early"? Post pandemic things look a lot different.

Vine was at the peak of internet culture and mindshare when it was shut down. I have to believe there was some kind of personal vendetta or motivation behind the shut down. It makes absolutely no sense.

Re: Twitter CEO fires two top executives, freezes hiring

#705

Post by Railsify »

Good, Twitter has problems worthy of firing people over and in all cases it's ultimately executives that are responsible for all problems, so it makes sense that even if they don't publicly enumerate the specific events that led to the firing, these executives most certainly deserved to be fired.

Re: Twitter CEO fires two top executives, freezes hiring

#706

Post by vram22 »

patrickdavey wrote: post #679
FridgeSeal wrote: post #656

Earlier quoted context omitted.

Hell, even if you managed a year or two, you’re still walking away with tens of millions that’s pretty close to financial security for the rest of your life.

Tens of millions is only "pretty close to financial security". Wow.

Reminds of that "temporarily embarrassed millionaires" quote ... /cc @sitzkrieg (sibling comment)

Re: Twitter CEO fires two top executives, freezes hiring

#707

Post by _carbyau_ »

HeyLaughingBoy wrote: post #639
throwaway_1928 wrote: post #416

Earlier quoted context omitted.

Job offer or not, $42 million for doing almost nothing is a great deal.

Not if your one desire is to run large corporations and you're easily bored.

My one desire is to be financially independent. We don't all get what we want.

With 42 million, he's fine. Time to care about someone else.

Re: Twitter CEO fires two top executives, freezes hiring

#708

Post by vram22 »

patrickdavey wrote: post #679
FridgeSeal wrote: post #656

Earlier quoted context omitted.

Hell, even if you managed a year or two, you’re still walking away with tens of millions that’s pretty close to financial security for the rest of your life.

Tens of millions is only "pretty close to financial security". Wow.

https://www.google.com/search?q=quote+temporarily+embarrasse...

Re: Twitter CEO fires two top executives, freezes hiring

#709

Post by totetsu »

saghm wrote: post #649
HeyLaughingBoy wrote: post #639

Earlier quoted context omitted.

Not if your one desire is to run large corporations and you're easily bored.

I'd consider myself easily bored, but I think $42 million would give me plenty of novel ways to entertain myself. (I definitely would _not_ want to run a large corporation though, so I guess it's a good thing I'd never get hired for one of these jobs anyways)

Like lossing it all day trading XD

Re: Twitter CEO fires two top executives, freezes hiring

#710

Post by sgjohnson »

ransom1538 wrote: post #700
hnews_account_1 wrote: post #678

Earlier quoted context omitted.

$42 million is a pittance for a man at his level. VCs with a tenth of the risk have taken home more money than that over the years from several deals. He has also been at the company for a very long time. I’d be enraged at a $42 million exit when I’m a child prodigy who has worked his ass off to finally helm one of the most publicly visibly corporations on the planet.

I wonder if he will leave Cali to avoid taxes?

Too late for that.
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