I am listening to an Elon Musk town hall and it is making me sure he's going to take twitter to zero.
@mollyjongfast what do you think is his motive? Revenge? Or political?
@rachelalexandria @mollyjongfast Never attribute to malice what you can to ineptitude.
@awkwardlefty_cj @rachelalexandria @mollyjongfast - But what if the inept person is actually malicious in addition to their staggering ineptitude?
@blakek @rachelalexandria @mollyjongfast In my experience, those characteristics tend to compound each other, e.g. Donald Trump.
@awkwardlefty_cj @rachelalexandria @mollyjongfast - Good point. I think there was a certain element of “Ima takeover Twitter and punish them for cancelling points of view I agree with” that was driving Musk’s decision to buy the place. But the utter incompetence of how he has gone about all of this is just mind-boggling. Just another wealthy petulant man-baby who doesn’t know shite from Shinola. I wonder who ties his shoes for him every morning?
@blakek @rachelalexandria @mollyjongfast I don't think he had any intention of actually buying, let alone running Twitter. It was a bluff and he took it too far. He tried to back out, but he'd signed a contract so he was stuck with it. I give it 3 months before he gets bored/tired of being relentlessly mocked for his bad ideas and puts someone else in charge while he remains nominally the CEO. That's my take anyway.
@awkwardlefty_cj @blakek @rachelalexandria @mollyjongfast The problem is that $44,000,000,000 in loans Elon used to buy Twitter is now Twitter's debt. So even if Elon does get bored there is no possible way for Twitter to pay the interest on these loans. Somehow I doubt cancelling lunch is going to help.
@blakek @jckatz411 @rachelalexandria @mollyjongfast Yep, there's a decent chance the banks he borrowed from (pretty sure he only borrowed about $13 billion; he cashed out a bunch of stock for the rest) end up owning Twitter at the end of the day.