this post was submitted on 30 Nov 2023
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He’s probably not all that worried about Xwitter. He’s got billions to spare. Be like wrecking your Ferrari, blaming the wet road when you were just going too fast, and still having 4 more in the garage.
He’s just worried about saving face and how the boards of his companies are going to view his behavior.
He doesn't care about Twitter cause he never wanted to buy it. Claiming he was going to was just a justification so he could sell Tesla stock without shareholders questioning it.
The dude's got a habit of using social media to influence the stock value of his own companies so he can buy low and sell high. The Twitter acquisition was a complete farce to cover up his market manipulation tactics.
Exactly.
He thought Twitter was owned by leftwing "libtards" that would never in a million years sell to him. It was just puffing smoke trying to manipulate stocks and prove a point about the "evil liberalism" of twitter.
But that wasnt true.
Twitter was run by business people, as a business, and when his insane offer came in to buy it, they leapt at the chance.
and when they did that, he got scared and tried to back out.. until he was legally forced to make good on his offer.
and unlike spacex, where they created an insulating crumplezone of people around Musk for the express purpose of ignoring 99% of his requests and demands, Twitter is run by him bare metal. and he cant stand that its collapsing around him, and that its his fault, and that its shattering the image of the brilliant self made business genius that he had of himself in his head.
It was an uninsured McLaren F1, but yeah he's done that too