@BobTheBoozer@lemmy.world to World News@lemmy.worldEnglish • 7 months agoElon Musk tells advertisers: ‘Go fuck yourself’ - The Vergewww.theverge.comexternal-linkmessage-square164fedilinkarrow-up1533arrow-down138file-text
arrow-up1495arrow-down1external-linkElon Musk tells advertisers: ‘Go fuck yourself’ - The Vergewww.theverge.com@BobTheBoozer@lemmy.world to World News@lemmy.worldEnglish • 7 months agomessage-square164fedilinkfile-text
minus-square@xmunk@sh.itjust.workslinkfedilinkEnglish6•7 months agoPrecisely, Musk has no personal risk for destroying Twitter. It’s absolutely fucking insane how much free money we give rich people. Oh, and one of the reasons Twitter will inevitably fail is because of the massive interest payments the company accepted during the purchase.
minus-square@xmunk@sh.itjust.workslinkfedilinkEnglish1•7 months agoLots of people lose their jobs, something that was once a public service is shut down… and Elon Musk’s reputation takes a minor hit that’s quickly forgotten.
minus-square@kbotc@lemmy.worldlinkfedilinkEnglish1•7 months agoOh, no. Musk has $20b in Tesla stock guaranteeing the loans. He could lose control of Tesla if X fails.
Precisely, Musk has no personal risk for destroying Twitter. It’s absolutely fucking insane how much free money we give rich people.
Oh, and one of the reasons Twitter will inevitably fail is because of the massive interest payments the company accepted during the purchase.
So what happens then?
Lots of people lose their jobs, something that was once a public service is shut down… and Elon Musk’s reputation takes a minor hit that’s quickly forgotten.
Oh, no. Musk has $20b in Tesla stock guaranteeing the loans. He could lose control of Tesla if X fails.