Merged Musk buys Twitter!/ Elon Musk puts Twitter deal on hold....

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theprestige said:
You're assuming that Musk likes Twitter and wants it to succeed.

You're also assuming that something of value is being lost, here.
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Presumably even Musk thinks $44Bn is worth something.

Price of Twitter $44Bn
Cost of Twitter.... Quite a bit more as it's affecting his other companies.

Value of seeing Musk's ego take a battering... priceless
 
Ryokan said:
Tesla may not be the only electric car these days, but it's still way ahead of the curve of the other manufacturers.
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No it isn't. It may have an edge in battery technology still, but it's behind the curve in most aspects of car manufacturing. It's only produced five models and one face lift in twenty years. It's extremely bad at making cars and it's going to get swamped if it doesn't improve.


Them being their own car dealership also shaves off a bit of the cost of the car. There's no third party that has to make profit on sale and service.
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That should be alarming to you: Teslas are not cheap and barely profitable and you are saying that this is in spite of Tesla taking the margin that would normally go to the dealer.

In Norway, there's practically only electric cars for sale now. On the list of top 20 cars sold so far this year, they are all electric.

And Tesla tops that list, with easy margin. Tesla is Norway's most sold car brand, and so far this year every third car sold is a Tesla.
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ICE vehicles will not be allowed to be sold from 2025 in Norway and there are generous subsidies for electric cars. Of course all cars being sold are electric and it is true that Tesla has more capacity than other manufacturers at the moment. This will not continue.

Although other brands of electric cars have become decent, you simply get more car for your money with Tesla.
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I don't think that is the case anymore and, even if it is, it will not continue for long because Tesla has no idea how to get new models into production.
 
jeremyp said:
It's (Tesla’s) extremely bad at making cars…
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Seriously?

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theprestige said:
One can only imagine the number of petty dead man's switches and other time bombs are being left behind in Twitter's IT infrastructure and code base.
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I Am The Scum said:
I really hope that in a week, every instance of the letter E in a tweet is replaced with the poop emoji, and no one knows how to fix it.
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angrysoba said:
They will just look through all the print-outs.
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There are some reports that Elon had the programmers ranked by lines of code written in the last year, and then just terminated the people in the bottom whatever cutoff.

This is a very reliable way of making sure the programmers who worked on the most difficult things, and the ones who are best at writing efficient code, get fired (along with some who were sick for any amount of time or something). What is 'smart' about rewarding spaghetti cludge?
 
tyr_13 said:
There are some reports that Elon had the programmers ranked by lines of code written in the last year, and then just terminated the people in the bottom whatever cutoff.

This is a very reliable way of making sure the programmers who worked on the most difficult things, and the ones who are best at writing efficient code, get fired (along with some who were sick for any amount of time or something). What is 'smart' about rewarding spaghetti cludge?
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Linky?
Because that would be utterly stupid
 
angrysoba said:
Yeah, I am completely baffled by what he is doing. I keep having to wonder to myself if I just don't get some deep genius that is going on that I am not getting. This is why I said...
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Cut more for readability than content. Personally, I didn't think that it's ever really been much of a mystery to be baffled by. Profit wasn't actually the goal. Being in control of public speech to move the public in some desired way was. If there's some actual plan, it's fairly certainly not got much to do with business or actual profit.

Switching "this account is who they say they are" to "anyone can pay a tiny fee and pretend to be anyone" on the eve on an election, for example? It makes no business sense. It makes perfect sense in the context of manipulating the playing field that public speech rests upon to try to achieve some desired outcome (that is undesirable for the general public). That people are being distracted by the inept business angle may actually be a bonus to that goal. "Rich guy bungling" doesn't even remotely elicit the same alarm as "Rich guy clearing the way for terrorists, fraudsters, and con men to trick and screw you and your kids."

I suspect you know this already, though.
 
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jimbob said:
Linky?
Because that would be utterly stupid
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Ironically I'm having trouble linking to the reports on Twitter (I just don't use it enough to figure out why the sharing with clipboard isn't working for me), but it's piggy backing off reporting by Bloomberg which said,

Engineers and director-level staff from Tesla reviewed the lists, the person said asking not to be identified discussing private information. Layoff lists were drawn up and ranked based on individuals’ contributions to Twitter’s code during their time at the company, the people said. The assessment was made by both Tesla personnel and Twitter managers.
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Some employees are, reportedly, saying that a large part of that ranking of contribution was literally the number of lines of code written, which they had to support with a printout. I don't know who the fifty trusted Tesla personnel are, but if that's a metric that was even considered, someone has some very strange ideas on how to rank programmers.

Which might explain some of Tesla's software problems.
 
tyr_13 said:
Ironically I'm having trouble linking to the reports on Twitter (I just don't use it enough to figure out why the sharing with clipboard isn't working for me), but it's piggy backing off reporting by Bloomberg which said,



Some employees are, reportedly, saying that a large part of that ranking of contribution was literally the number of lines of code written, which they had to support with a printout. I don't know who the fifty trusted Tesla personnel are, but if that's a metric that was even considered, someone has some very strange ideas on how to rank programmers.

Which might explain some of Tesla's software problems.
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On a quick look, I'm coming up with the story that Musk's programming, back when he did it, was long and multi-purposed, rather than concise and focused. It would hardly be unthinkable for a guy like Musk to quietly consider that to be the better way to handle things and favor others who did so. With that said, I didn't see any specific corroboration on a quick search.
 
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HansMustermann said:
That or it's just the usual way of making money by sending the company into a death spiral. I've mentioned it before, and it's been happening for decades. It goes kinda like this:

New CEO is brought, who announces that he'll mercilessly cut down costs, starting with all that costly R&D. Which he does, to much investor acclaim. The next quarter, profits are way up, since the costs ARE down. The cost of shares spikes sky high. Those in the know, sell their shares now. Those not in the know, are surprised when one year later the company is in a death spiral and the price of shares plummets. Couple more years down the line, company goes bankrupt or gets sold at a bargain basement cost for whatever IP it has left. CEO cashes in his golden parachute (in addition to however many tens or hundreds of millions he gave himself as a wage in that time), moves on to the next company to ruin for fun and profit.

Now I don't know if that's Musk's plan, or he just thought everyone will flock to give him 8$, or what, but let's just say it wouldn't really surprise me either way. A LOT of companies went exactly through the cycle I described.
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Twitter will not be publicly quoted.
 
jimbob said:
Is it bad of me to wish him the full on Howard Hughes experience?

ETA, he was of course a major inspiration for Tony Stark in the first place
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Given that Stark debuted in 1963 this is rather unlikely.It's
 
Ryokan said:
Tesla may not be the only electric car these days, but it's still way ahead of the curve of the other manufacturers.

Them being their own car dealership also shaves off a bit of the cost of the car. There's no third party that has to make profit on sale and service.

In Norway, there's practically only electric cars for sale now. On the list of top 20 cars sold so far this year, they are all electric.

And Tesla tops that list, with easy margin. Tesla is Norway's most sold car brand, and so far this year every third car sold is a Tesla.

Although other brands of electric cars have become decent, you simply get more car for your money with Tesla.
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Are you sure about that?
 
tyr_13 said:
Some employees are, reportedly, saying that a large part of that ranking of contribution was literally the number of lines of code written, which they had to support with a printout. I don't know who the fifty trusted Tesla personnel are, but if that's a metric that was even considered, someone has some very strange ideas on how to rank programmers.
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I actually predicted he would do this when I first heard about the prints.
 
Ryokan said:
Tesla may not be the only electric car these days, but it's still way ahead of the curve of the other manufacturers.

Them being their own car dealership also shaves off a bit of the cost of the car. There's no third party that has to make profit on sale and service.

In Norway, there's practically only electric cars for sale now. On the list of top 20 cars sold so far this year, they are all electric.

And Tesla tops that list, with easy margin. Tesla is Norway's most sold car brand, and so far this year every third car sold is a Tesla.

Although other brands of electric cars have become decent, you simply get more car for your money with Tesla.
Click to expand...

The only advantage Tesla have is that they're a good battery manufacturer who are ahead of the game there. Aside from that they're well behind the curve, as their manufacturing processes for the cars are deficient in quality or expertise leading to slowly built and badly made cars. And the own the showrooms model isn't as good as you think, the traditional manufacturers wouldn't have ditched it years ago if it was.

If Musk had any business sense he'd transition Tesla to being a pure battery manufacturer and keep them ahead of the game in terms of both quality and speed of delivery.
 
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