- Claims in an interview that he is qualified to handle a social media company on the internet because he has “put internet in space”
- Buys a financially struggling company for way too much money
- Dismantles everything that made it attractive
- Insults and fires the most competent employees who are trying to stop him from destroying the platform
- Doesn’t pay the employees he fired owed severance, further discouraging the best of the workforce from ever applying to work there
- Turned it into something so repulsive and toxic that the users and advertisers start to leave
- Told the advertisers to “go fuck themselves”
- Tried to sue the advertisers into returning, further discouraging any new advertiser from ever doing business with him
- Destroys the brand recognition by renaming it to a letter of the alphabet he personally likes but nobody else gives a crap about
- Abuses his admin powers to steal a handle with the name he wanted from its owner, further eroding the user’s trust in him handling the platform
- Continues ruining the platform, turning it into his personal soap box to push his (toxic) ideas and abuses his powers to reduce the visibility of those he doesn’t like while claiming to be radically pro-free speech.
- Alternative platforms have gained momentum and have reached critical mass and will soon become the new default platform people will flock to. High profile users leave.
- Whines and bitches about the company not making any money.
Hey guys, I’m starting to think that this guy’s fortune has absolutely nothing to do with his skills at running a business
Destroys the brand recognition by renaming it to a letter of the alphabet he personally likes but nobody else gives a crap about
I’m beginning to suspect he only likes that letter because it’s the middle part of a swastika.
Hey, it’s not just that! It’s also decimal 88 in the ASCII table.
🫣I see!
Elon uses X as ASCII 88 and Proton CEO uses 1011000 as binary ASCII
What about all these Nazi people everywhere suddenly?!
In pretty sure Andy is born in 1988 to be fair
Oh, I see
Oh shit. I didn’t think of that. That’s probably why.
Let’s call it a musktika
Hey guys, I’m starting to think that this guy’s fortune has absolutely nothing to do with his skills at running a business
Great summary btw. and you are absolutely right here. He is a terrible manager.
Remember the time when he slept at the Tesla factory just because he didn’t trust anybody and thought he himself must rescue it all by working so much overtime and make all the decisions.
Probably because his wife kicked him out for being an asshole.
Did you include the whole ‘verified’ tag fiasco in your list? I didn’t see it explicitly in there, but maybe it falls under a general functionality fuck-up point.
What was the username he stole? Don’t remember that one
Also, don’t forget the disastrous rollout of the blue checks when a few people imitated companies and said Lockheed wouldn’t be doing business with Israel and a few others. But I guess that was the best thing he did, honestly, because that shit was hilarious.
I believe he took user name ‘x’ because he wanted it.
I would be shocked if the company was actually breaking even.
I think he’s sugar-coating it because their bonds are about to go up for sale. From the article:
While equity investors have reportedly slashed the value of their stakes by as much as 78 percent, the Journal reports, “banks hope to sell senior debt at 90-95 cents on the dollar, while retaining more-junior holdings.”
If they were breaking even, the bonds wouldn’t be getting sold at a loss. Keep in mind, the bond holders get paid before the stock holding investors, so if they’re taking a loss, the equity investors are getting nothing (hence the 78 percent cut, basically their share is only worth the odds of a miraculous turnaround). That doesn’t happen with a company unless it’s losing money.
At absolute best it’s breaking even before debt service.
Maybe he’s still not just paying rent on some buildings and miraculously hasn’t been kicked out yet
Turns out, nazi business is bad business
A victory for the free market
Too bad MIC doesn’t operate on free market.
Hopefully as bad as nazi archaeology
Do we need a catchy “go Nazi get…____” catchphrase? It was such a g when the right wing did it! They do love a good catchphrase. Easier to remember.
How about “Go Nazi get shot in the head”
A lot of people have pitched ideas, and this one is my favorite.
Doesn’t rhyme and gets right to the point. This has my vote. Mocks the entire idea of having a cutesy catchphrase. But is a catchphrase in itself. And one that isn’t even catchy. Love it.
Go nazi go bankrupt? Go nazi get Luigied? Go nazi get nasty? Go nazi get ,
… cazzi
Go nazi declare bankruptcy
Redpilled? Get killed
Go fash lose cash
Lick boot, lose loot
Go right eat shite
All incel, no braincells
Nazi salute, go destitute
ADL? Common L
Ku Klux? Lose bucks
Go apartheid, all downside
You’re hired!
Nazi business means no business
“Fascist around and find out.”
I just gave upvote 88 and now I’m sad.
“There’s no business for Nazi business! From no business I knowww!” - Ethel Merman
Go fash; lose cash.
X has added some features, like job listings
Who the fuck looks for jobs on X?
Nazis probably
deleted by creator
Huh? I’m referring to the “job listings” feature of X, not looking for job opportunities at X.
deleted by creator
Who the fuck looks for jobs on X?
People who prefer something (slightly) less toxic than LinkedIn lol
I’d “work there” long enough to get on a pip and terminated. Lol
Drain a little bit of cash out of them. Lol
I’m not a Nazi lol
I’m referring to looking for jobs using X, not looking for a job at X (which I thought was clear when quoting the article’s mention of “job listings”).
Ah. Well it would help if I could read.
But yes I agree with your thought… I definitely wouldnt go there to look for a job.
hm, someone told me it was so easy to cut wasteful spending.
There’s no fucking way they’re breaking even.
@breakfastmtn @cm0002 it already bought an election, how much it is worth?
Yeah. Bought an election for a bum who doesn’t understand loyalty or how to pay his bills. Lol.
What a Dumbass.
The man bought an election with disinformation and lobbying, who gives a fuck what he says about this company. Who knows what the fuck break even even means in his addled brain.
Aw geez, what a shame. As if Neo-Goebbels is going to shut his propaganda arm over something as trivial as money.
Musk also said that the company could become cash-flow positive “within months” nearly two years ago, and it still faces over $1 billion in annual interest payments on the loans.
3 months maybe, 6 months definitely
They should be losing fucking money hand over fist, is the problem.
If you think Elon is being honest about ‘breaking even’, you haven’t been paying attention. Twitter is in the hole, and he’s lying through his fascist little teeth to either save face, or manipulate some sort of upcoming move.
Wouldn’t barely breaking even actually be exceptionally good in the history of twitter? I though it had been burning money from its conception.
No, Twitter had started making a profit when he bought it. The last year they had a court case which made the year a loss, but the years before were profitable.
You’d expect it – most online companies do, as it makes sense for companies with high fixed costs and low variable costs – to have a growth phase, during which it loses money but aims to grow by being maximally appealing. Once it’s grown as far as it reasonably can or as money permits, the growth phase ends and the monetization phase begins. Twitter’s growth phase was over. It would never have been expected for Twitter to just lose money forever.
With the site now serving as an outlet for right wing narratives and misinformation that benefits the administration, there will be an incentive to prop it up financially if need be. Banks have been trying unsuccessfully to offload their debt used to finance the acquisition, so it seems investors aren’t as confident in the site’s long term profitability even with its newfound role.
I think it’s time to fire half of the people! That will help.
Starting with everyone that wrote the least amount of code. I only want to see overly complex code for hello world!
Awww, is the world’s greediest man not making enough money?
