$15 billion valuation after Fidelity lowers value of its Twitter stake again.

😁

    • alyaza [they/she]@beehaw.orgMEnglish
      15·
      2 years ago

      it’s actually incredible how much he’s lost on Twitter; if it weren’t for Tesla stock increases he’d be eating incredible amounts of shit right now. it’s basically subsidizing his losses

      • DJDarren@beehaw.orgEnglish
        7·
        2 years ago

        Saw a photo the other day of a Tesla with a bumper sticker that said “I got it before I knew what an asshole he is”.

        Pretty much sums it up.

        I feel bad for Tesla owners whose cars may be dropping in value.

      • humorouslyironicname@beehaw.orgEnglish
        5·
        2 years ago

        And even then, the sorts of people who buy Tesla are generally not fond of the sorts of things he’s been saying over the last couple of years. I bought mine three years ago, and I like the car, but I’m done with the brand unless Musk leaves the company.

  • DJDarren@beehaw.org
    10·
    2 years ago

    Oh dear. How sad. Never mind.

    Seriously though, it’s sad what’s happened to Twitter over the years. I remember joining it back in '08 while I was at uni. It was a great, fun way to connect with people from all walks of life, to hear different viewpoints and learn new things.

    But I guess we all got high on being able to have a voice, and began getting louder and louder. Then Twitter engineered it so that we’d see people outside our bubble and it just became a huge, never-ending flamewar of opinions and diatribes. It really fucked my mental health, tbh. Realising that you get most of your interactions from being snarky makes you double down on the snark, so you start looking for things to be shitty about, or you spend all the time thinking about the shittiest thing you can say to “the enemy”.

    Before you know it, you’re as much of a shithead as the people you’re yelling at, but with the added bonus of thinking you’re being righteous.

    Now I use Mastodon all the time. Sure, there’s snark, but I try to avoid it, and actively work towards being a more positive voice on there.

    • catacomb@beehaw.org
      8·
      2 years ago

      I was really surprised by the general positivity on Mastodon and it was the first thing I noticed when I signed up. There’s sometimes a little drama, but it’s not the overarching theme by any means. I’ve had a lot of laughs there.

    • Mersampa@beehaw.orgEnglish
      5·
      2 years ago

      Definitely not. The twitter board didn’t want to sell, the only reason they did is because Elon made them an offer so big they had no choice but to accept it. If it wasn’t massively higher than market value then they wouldn’t have sold.

  • codebam
    7·
    2 years ago

    Seems like Elon didn’t make Twitter good again like promised

  • madjo@beehaw.org
    4·
    2 years ago

    It’s not the current worth that’s important. It’s the political clout that’s important to musk. 2024 is just around the corner…