Tusk=god
ok i have some color commentary / back story on whats going on here vis a vis musk having an actual very online meltdown / running twitter dick first into the permafrost:
there is a yearly event called 'newfronts'. this is an event where digital companies essentially sell ad blocks for the next year, i believe it was scheduled in early may this year. anyway typically, twitter will lock in $750m USD in ad rev here, +/- $150m. thats contractually guaranteed cash for the following year, every year.
apparently some 'activists' called 'Stop the Deal' reached out to the usual suspect advertisers and said look, all we want you to do is ask the absolute bare minimum due diligence questions about wtf twitters plans are next year, nbd. just ask. then do whatever you want with your money, but just ask whats going on first.
so they did. just total puff piece soft ball questions. and twitter had literally zero answers. very quickly everything went totally off the rails. they had to shut down the presentation. almost no ad blocks were sold.
punch line; musk has had what, 6 months to reassure ad clients and present them a plan since the event. and instead of that, hes harassing them online, accusing them of being leftist activists, and generally stripping gears and destroying relations with parties who have literally spent billions of dollars with that company already.
so yeah basically musk's master stroke here was to alienate everyone who funded twitters ongoing operations and then resort to begging his influencers to pay $8 a month.
i bet rogan thinks its brilliant.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
just absolute right wing galaxy brain shit going on right now
https://twitter.com/elonmusk/status/1588676939463946241
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Maybe Kanye was right. Elon Musk is Jewish (even though he refuses admit it).
So the 4 biggest media companies in the world are run by Jews:
1) Poker Fraud Alert
2) Barstool Sports
3) Facebook
4) Twitter
Honorable mention in 5th place:
5) Google (founded by Russian Jews)
Looks like the twitter overhang for Tesla stock is now a permanent thing. If you are long Tesla, I would advise taking some chips off the table on the next bounce. You can get 4% for a 12 month CD at some banks, don't know why anyone wants to be in stocks right now. And if the CD rates go to 6-7%, there will be a massive rug pull in all stocks.
The problem for twitter/Elon is that they’ve made two incompatible promises. They have vowed not to censor accurate information and they’ve said they won’t allow “hate” speech.
Impossible when the statement “blacks commit 60% of the homicides in the US” is considered hate speech.
..advertisers have a choice of whether or not to associate themselves with platforms. and they are telling elon thank you no and elon is an adult who has never learned how to deal with that scenario constructively.
thats the pie. the free speech outrage is crumbs on the table cloth.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
NEW: Elon Musk says many phony verified checkmarks were given out under previous Twitter leadership and corroborates account of employees underhandedly selling verifications to users for upwards of $15K.
honestly ive been steady chortling about this for like 3 straight hours ngl
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Is there any other stock in the world that has a CEO premium like Tesla? If the CEO of Walmart dies, nobody would even notice. Same could be said about IBM, Home Depot, Costco, Intel, Nvidia, Adobe, Ford, and 1000's of other stocks. If Elon Musk died, Tesla stock would drop 75-90% overnight. That is the #1 reason to avoid the stock.
This market is exactly like the dot com crash. Back then it was Beanie Babies that went up like crazy, this time it was NFT's. Dot com stocks crashed and money poured into dividend stocks. Same thing going on now. FAANG getting demolished while Pepsi, McDonalds, Exxon, and other dividend stocks are at all time highs. The trend will continue.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Since people got so angry when I mucked around with the other thread, should I move out the Elon Twitter stuff into its own thread, or just leave it here?
I'll leave it up to the active posters in this one prior to the Twitter news.
Sonatine was exiled to the PFA political reeducation gulag over Tusk. He ought to decide
Musk is a separate thread. Tusk is stocks.
Pfizer - which paid the largest health care fraud settlement in history, Oreo - owned by Mondalez, which recently settled a child labor and slavery lawsuit last year, and Volkswagen - founded by the Nazi Party - have all pulled ads from Twitter over ethics concerns.
You live in a dystopian hellscape; regardless of who owns twitter.
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