
07-20-2022, 07:27 AM
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Join Date: Oct 2016
Posts: 66
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Quote:
Originally Posted by MartinSE
First, as one of the richest men in the world, I will respect his financial planning over any random stranger on the internet.
He did not confide in me on why he wanted Twitter, but $44B is pocket change, so it may have been nothing more than a political statement.
Twitters assets are its clients, that is what he was buying. He said that he had reason to believe they lied about actual numbers or real clients, and many of the accounts were bots. If the lied, that would invalidate the contract.
I have not idea if he is a business genius, but he has innovated several high tech fields more than anyone ever. He is the only viable launch system the US has right now, is offering a global internet to people that never had it before, is perfecting brain computer interfaces, has demonstrated a viable EV, is drilling tunnels faster and cheaper than anyone, has a new cell phone in development, and is preparing a personal robot for sale. If he feels like making a $44B political statement with his petty cash, I don’t see any reason I would want to figure out why…
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Remember, Tesla is what it is today because our government bailed him out to get the company up and running. He may be a "genius" with innovative ideas but I don't think he is a financial genius!
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