Author Topic: Elon Musk Offers to Buy Twitter 100% in cash  (Read 21006 times)

oldschoolfan

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #200 on: July 11, 2022, 08:00:52 AM »
He should have pulled out of Grimes.

this is the first time elon has pulled out of anythng  ;D

Palumboism

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #201 on: July 11, 2022, 08:19:23 AM »
Tesla is bleeding cash that’s why he pulled out

I believe he called the Texas and Berlin plants cash furnaces. 

ProudVirgin69

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #202 on: July 11, 2022, 08:55:03 AM »
Twitter hired the lawyer who authored the precedent for forcing companies to follow through merger agreements, back when he was a Delaware judge. 

oldschoolfan

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #203 on: July 11, 2022, 10:13:18 AM »
I believe he called the Texas and Berlin plants cash furnaces.

yes that is right also , sales have slowed and the cost of teslas has gone up this past year. 

oldschoolfan

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #204 on: July 11, 2022, 10:14:10 AM »
Twitter hired the lawyer who authored the precedent for forcing companies to follow through merger agreements, back when he was a Delaware judge.

from what i have read, elon at best has a  long legal battle ahead this will cost him some major money for sure. 

Humble Narcissist

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #205 on: July 11, 2022, 10:41:56 AM »
this is the first time elon has pulled out of anythng  ;D
Nine kids and counting.

oldschoolfan

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #206 on: July 11, 2022, 01:36:29 PM »
Nine kids and counting.

He admires Ronnie Coleman he wants to have more kids than Ronnie does

Mayday

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #207 on: July 11, 2022, 09:05:57 PM »
from what i have read, elon at best has a  long legal battle ahead this will cost him some major money for sure.

He sold 8B+ of Tesla stock, I doubt he cares about the cost.

Besides, Twitter won’t do shit because they will have to disclose all data regarding bot traffic.

Perhaps they reach an undisclosed agreement to save face?

obsidian

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #208 on: July 12, 2022, 05:44:37 AM »

obsidian

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #209 on: July 12, 2022, 05:47:02 AM »
He sold 8B+ of Tesla stock, I doubt he cares about the cost.

Besides, Twitter won’t do shit because they will have to disclose all data regarding bot traffic.

Perhaps they reach an undisclosed agreement to save face?
Just checked Forbes list and Elon is still number one by a wide close to $100 billion margin. Crazy how his wealth shot up because of mainly Tesla and SpaceX. Sky's the limit with him. Hopefully they figure out a way to reduce the money drain at the Texas and German Tesla plants.

Palumboism

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #210 on: July 12, 2022, 06:17:42 AM »
Hopefully they figure out a way to reduce the money drain at the Texas and German Tesla plants.

They will.  This is common when starting a new plant because there's always a ramp up period and they probably planed for this. 

When the Model 3 started up in Fremont they had the same kind of issues. 

The rate they're building new plants and the speed they're ramping up is unprecedented in the automotive industry.  All you have to do is look at Tesla's sales increase over the last five years to see how rapidly production is being ramped up.  This is what has the other large auto manufacturers concerned.  Once Tesla grabs market share in Europe, China, and the USA, they aren't giving it back.  They have some of the most loyal customers in the industry and they're customers are young.  Basically every auto company know they'll be losing market share and are trying to keep that loss as small as possible.

Companies like BMW and Mercedes may in the end be hardest hit.  These are some of the most dynamic times in Auto history.  With electric, everyone starts from scratch, so a Lucid that started a few years ago is on par with a Mercedes that started over a hundred years ago.  Not a good position to be in for the established players.

El Diablo Blanco

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #211 on: July 12, 2022, 08:38:50 AM »


He thinks they won't lie about the bots in court?  Shit man.

IroNat

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #212 on: July 12, 2022, 09:55:01 AM »
Elon for the win.

Humble Narcissist

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #213 on: July 12, 2022, 11:05:52 AM »
He admires Ronnie Coleman he wants to have more kids than Ronnie does
But the state doesn't have to pay for Elon's kids.

obsidian

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #214 on: July 12, 2022, 01:01:29 PM »
He admires Ronnie Coleman he wants to have more kids than Ronnie does
I think he has 10 kids already, maybe 11 if you count Amber Heard's baby? Apparently he donated the sperm so she could have her baby via surrogacy.

El Diablo Blanco

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #215 on: July 12, 2022, 01:43:28 PM »
I think he has 10 kids already, maybe 11 if you count Amber Heard's baby? Apparently he donated the sperm so she could have her baby via surrogacy.

I would donate my sperm to her as well.  I prefer anal deposit.

Mayday

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #216 on: July 12, 2022, 02:50:14 PM »
Just checked Forbes list and Elon is still number one by a wide close to $100 billion margin. Crazy how his wealth shot up because of mainly Tesla and SpaceX. Sky's the limit with him. Hopefully they figure out a way to reduce the money drain at the Texas and German Tesla plants.

I wonder what he plans to use the money to do next. Build AR?

I’m not a believer in current gen electric cars being the final solution. Sure it’ll improve but look where we are today. Reduction of energy to force consumers to use less. So how do you charge your damn car if you end up limited in energy consumption? 

The EU new cars now come with a box installed for carbon footprint measurement. This is pretty much the exact opposite of what you do if you want people to buy and use cars.

obsidian

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #217 on: July 12, 2022, 03:44:54 PM »
I wonder what he plans to use the money to do next. Build AR?

I’m not a believer in current gen electric cars being the final solution. Sure it’ll improve but look where we are today. Reduction of energy to force consumers to use less. So how do you charge your damn car if you end up limited in energy consumption? 

The EU new cars now come with a box installed for carbon footprint measurement. This is pretty much the exact opposite of what you do if you want people to buy and use cars.
Elon should put his money into finding real decentralized energy generation sources. Would be nice if each home can have it's own mini powerplant, disconnected from a service provider grid. Tornado destroys power in a neighborhood? No problem, roll in mini power stations and the homes have power again. I'd like to have a little power station box hooked up to my electrical panel and not have to worry about paying electrical bills.

They are working on fusion reactors. Fusion is what happens in the sun where hydrogen is fused into helium because of the tremendous gravity / heat. Current nuclear reactors employ fission or the splitting of atoms. Fusion reactors would not have a radiation risk like fission reactors or a potential runaway reaction issue. The problem to date with fusion reactors is that the power output was less than input. However they have been making progress and researchers in various nations claim they have been able to produce fusion reactors that actually generate more power than consumed. Fusion reactors can be more compact than fission reactors.

Another thing Elon could do is really try to improve battery technology even more or find a better way to store electrical power. Current battery technology lose it over time. Lithium batteries are better than lead acid batteries in that regard. But they still lose power eventually if they just sit for a while. It would be nice to have a battery that can sit for 100-1000 years and not go flat.

Musk could also try and find ways to capture more of the sun's energy and overcome the drawback of solar panels that only work when it is sunny outside. Perhaps a solar power plant in space that always receives sunshine and stores the electricity so it can be shipped or beamed back to earth.

Musk could try and develop tidal power stations, however the cost of those are currently prohibitive even for him.

Elon's electric cars only really work if electricity is plentiful, cheap and non-polluting.

ProudVirgin69

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #218 on: October 04, 2022, 01:59:22 PM »
Quote
In major reversal, Elon Musk again proposes buying Twitter at full price
New York
CNN
 —
Elon Musk on Monday sent a letter to Twitter proposing to follow through with his deal to buy the company at the originally agreed upon price of $54.20 per share, according to a securities filing on Tuesday.

In the letter, Musk said he would proceed with the acquisition on the original terms, pending receipt of the debt financing for the deal and provided that the Delaware Chancery Court stay the litigation proceedings over Musk’s initial attempt to pull out of the deal and adjourn the upcoming trial over the dispute.

https://www.cnn.com/2022/10/04/tech/elon-musk-twitter-deal

lawsuit wasnt going so well, i take it :D

B_B_C

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #219 on: October 04, 2022, 02:54:05 PM »
Pedo-Musk
scent for those without common sense
c

jude2

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #220 on: October 04, 2022, 05:54:57 PM »
He don't want them looking into to him.

ProudVirgin69

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #221 on: October 04, 2022, 06:06:08 PM »
He don't want them looking into to him.

yeah.  The text message exchanges that have already come out have been mildly embarassing, who know what else is to come.

Also - would not be good for his image to lose bigly in court, as was likely to happen.  This way he saves *some* face.  What a mess for him though, he's buying an expensive boondoggle that'll be difficult to monetize.  It's practically a media company, i dont think he has the temperament to handle all the scrutiny.

Honestly though with his good luck, he'll have an IPO in half a year for $100/share or something like that

Mayday

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #222 on: October 04, 2022, 06:48:15 PM »
He don't want them looking into to him.

Probably fair to assume something went wrong.

There is no doubt the bots are out of control on the platform. So whatever was found against him was obviously enough to offset the bot claim. Must have been something pretty big.

G_Thang

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #223 on: October 28, 2022, 03:28:52 AM »
i have at least 5 dormant fake twitter accounts.  must have been high when he agreed to this deal or opened his mouth and got stuck with it.

Coach is Back!

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Re: Elon Musk Offers to Buy Twitter 100% in cash
« Reply #224 on: October 29, 2022, 04:00:48 PM »
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