Link Post: Elon Musk may have to sell billions in Tesla stock to rescue X after its advertising sales are down 84% https://fortune.com/2024/08/15/elon-musk-tesla-stock-sale-twitter-x-advertiser-boycott-finances-bradford-ferguson/
Elon Musk’s financial woes at X have Tesla bulls fearing he will liquidate more stock

Plunging U.S. revenue at X risks opening up a "massive hole" on its balance sheet that Musk needs to plug to stave off its financial collapse.

Fortune
@andrewducker I do wonder what purpose hes got planned for x /twitter thats worth loosing so much money for him to keep it up and running and in his control .
Inciting rioters in Britain was a test run for Elon Musk. Just see what he plans for America

The presidential election is three months away. What if the billionaire contests the result? What if he decides democracy is overrated?

The Guardian
@Webwasp TBH I did think from fairly early on he wanted it for propaganda and to influence events ,he must have seen how its been used in the past and certainly its part in the Capital insurrection .But it seemed a but too paranoid to voice it out loud so to speak .Theres no logical reason for him to have done what he has with twitter /x other than to use for his own ends especially the restrictions on non users brousing when being able to see tweets was one of twitters big benefits

@andrewducker

Shot himself in the foot, with his mouth.😂

@andrewducker

"We became victims of our own crime."
SearingTruth

@andrewducker the government should take it by eminent domain