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kingdragonfly

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  #3013381 23-Dec-2022 08:13
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In case you want to learn more about investment banks as it relates to Tesla.

Performance by investment banks have a knock-on effect on pensions.

"An investment bank is a financial services company that acts as an intermediary in large and complex financial transactions. An investment bank is usually involved when a startup company prepares for its launch of an initial public offering (IPO) and when a corporation merges with a competitor.
...
Investment banks specialize in managing complex financial transactions such as IPOs and mergers for corporate clients.

Modern investment banking is typically a division of a bigger bank institution such as Citibank and JPMorgan Chase.
..."

 
 
 
 

Protect your online activity with NordVPN (affiliate link).
kingdragonfly

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  #3013851 25-Dec-2022 10:46
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The Guardian: Is Elon Musk going to turn into the same sort of joke that Trump has become?
...
Watching Musk run Twitter over the last couple of months has been like watching a toddler trying to drive a train – “chaotic” doesn’t even begin to cover it.
...
Could anyone really be this incompetent? Musk’s leadership has been so bizarre that it has even given rise to theories that the billionaire is intentionally trying to sabotage Twitter.

These theories remind me of the early days of Donald Trump’s presidency when some people assumed that the president of the US couldn’t possibly be so inept; there must be some kind of method behind Trump’s madness. Turns out, no. Trump wasn’t playing “four-dimensional chess”; there was no method just madness.

Is Musk going to turn into the same sort of laughing stock that Trump has become? It’s starting to look that way.
...



ezbee
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  #3014004 26-Dec-2022 13:47
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kingdragonfly

 

  A new manager coming in and creating problems to fix is a 'thing'.

 

  Having created disasters to blame on the previous incumbent.
  Ideally creating a toxic environment for the staff who know history to move on.
  They can then 'somewhat' fix the problems, and they can 'own' the improvement. 
  
  Elon Musks inferiority complex about not being the 'Founder' amplifies.
  The mirky background of his supposed qualifications also.

 

  He seems to straight out lie/imply that Twitter never did this or that.
  In one chatroom he asked the person who was reminding everyone these were 
  existing features of twitter, before staff culled, to be removed from chat.

 

  If Twitter survives long enough, he will be able to pull this switch,
  that every improvement from depths of chaos he created shows 'his brilliance'.
  Even to point he can claim to be 'Founder' of something new?

 

  He will want a new CEO who will do all the work in the background and be invisible.

 

  Yep another Mad Narcissist.  They will literally kill us all.
  A techno Ish Trump.   

 

Moahunter

 

  Neil deGrasse Tyson thing is depressing.
  No doubt being shunned by Musk and fans would severely dent your ability to schmooze
  around starbase, and also wax on lyrical about Mars etc.
  Moon mission with SpaceX involvement is coming up soon creating hours of material.
  


gzt

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  #3014006 26-Dec-2022 14:04
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kingdragonfly

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  #3014013 26-Dec-2022 15:00
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gzt: Steve Davis is almost certainly Musk's choice since day one

https://nypost.com/2022/12/23/top-elon-musk-assistant-slept-in-twitter-hq-with-wife-newborn-baby/


Davis doesn’t operate a Twitter account and has no experience working on social media or dealing with advertisers.

"'Everything is negotiable,' Davis is reported to have told his employees."

George Orwell would be be proud of this new speak.

It reminds me of company executives telling employees that it's not terminations; it's opportunities.


kingdragonfly

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  #3014199 27-Dec-2022 10:28
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The Washington Post: Twitter brings Elon Musk’s genius reputation crashing down to earth

...Musk appears to be struggling to grasp Twitter’s business, the people said, and he demands a stance from his employees that stifles discussion of problems.
...
He has been holed up in a 10th-floor conference area with a staging room for visitors — where they often remain for more than an hour before being called in. They are instructed not to speak until Musk does. And when they do finally meet with him, he’s sometimes watching YouTube videos.

Many staffers have quickly learned they can’t rely on the erratic and unpredictable Musk, even as he makes assurances about the various facets of the company they have raised as concerns.
...




kingdragonfly

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  #3014205 27-Dec-2022 10:37
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Forbes: ‘Glass Onion’ Both Is And Isn’t About Elon Musk, Says Rian Johnson

If you watched Glass Onion, like millions of other people in metrics Netflix is no doubt about to brag about, you may have noticed that its central tech billionaire may or may not have felt somewhat…familiar.

Miles Bron, played by Edward Norton, is a tech billionaire with his hands in many pies, including space travel and automobiles, though to discuss him any further, we’ll have to get into spoiler territory.
...

Batman
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  #3015088 29-Dec-2022 13:46
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Elon goes on a night stroll

 


kingdragonfly

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  #3015100 29-Dec-2022 15:00
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I wonder if he offered the flight attendant a horse ;)

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  #3015130 29-Dec-2022 16:29
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jarledb
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  #3015135 29-Dec-2022 16:54
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This is enlightening on how Musk manages Twitter

 





Jarle Dahl Bergersen | https://keybase.io/jarledb - Referral Links: Buying a Tesla? Get free extras by using my referral code. - Want $50 off when you join Octopus Energy? Use this referral code.
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kingdragonfly

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  #3015415 30-Dec-2022 19:39
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Forbes: Elon Musk Sells Another $3.6 Billion In Tesla Stock To Prop Up Twitter

Elon Musk sold another $3.6 billion of Tesla stock in December, after selling nearly $3.95 billion in November.

Earlier stock sales were to help with the acquisition of Twitter, but reasons were not disclosed for the latest sale.

Tesla shareholders are becoming increasingly upset with Musk, who has stated multiple times he will stop selling stock, only to sell additional shares.
...
As of this writing, Tesla stock has lost 60% of its value in 2022. This is due to a combination of factors, including shareholders thinking Twitter is taking up too much of the Tesla CEO's time, fears of a recession in 2023, production pauses at Tesla, and Musk selling close to $22.9 billion in stock.
...

kingdragonfly

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  #3015416 30-Dec-2022 19:47
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Very thorough article

The New Statesman: Twitter’s double standards under Elon Musk
...
Rather than having one set of consistent rules, Musk-era Twitter appears to be applying one standard to many mainstream journalists and another to previously banned right-wing or alternative sites.
...
Under Musk, Twitter’s public policies and its previous practices are secondary to the fiat of Elon – it seems that what he says at any given moment goes, and to hell with the rest of it.
...

kingdragonfly

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  #3017055 4-Jan-2023 21:38
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NZ Time 4-January noon

Gizmodo: Twitter Appears To Be Slow or Even Down for Some People in Australia and New Zealand

It seems to be every day now that we’re writing a story on Twitter, and today’s no exception. Twitter appears to be down or poorly functioning for some users in Australia and New Zealand.


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