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[EuchreJack]

News

[KittyTac]

For those who don't play Mafia (the forum game), a Jester is a player who has to get people to vote against the Jester themself to win. This is often done by being loud, annoying, and wasting everyone's time.

[King Zultan]

From what I can gather Musk is a loud mouth that makes over priced cars and rockets.

[Magmacube_tr]

From what I can gather Musk is a loud mouth that makes over priced cars and rockets.

And absolutely awful public transit. Can't forget that.

[Strongpoint]

From what I can gather Musk is a loud mouth that makes over priced cars and rockets.

And absolutely awful public transit. Can't forget that.

And a lot of fancy computer graphics about the colonization of Mars!

[Cathar]

News

Yeah, I just saw that. I really, really hope Twitter's council does its feduciary duty and makes Musk eat every single letter of the contract he already signed. Man if he's not forced to buy/ pay a heavy back off fine at this point, I'd be very upset

And by very upset, I mean slightly disapointed. Also there is no agreed upon quitter fee in his contract. Backing off is not allowed in the terms he agreed, nor is the "hold" he invented.

Edit : Also from what I grasped, he took a massive loan with his telsa stock as collateral. Whatever happens now is a loss even if by miracle he can escape the deal and not be pursued. This is not 4D chess. This is a man taking his financial decision when drunk and high.

[Loud Whispers]

Edit : Also from what I grasped, he took a massive loan with his telsa stock as collateral. Whatever happens now is a loss even if by miracle he can escape the deal and not be pursued. This is not 4D chess. This is a man taking his financial decision when drunk and high.

The price offered was $54.20 because dude weed lmao 420
The guy has become detached from consequence because his money has hitherto allowed him to do anything and disregard everything. It is sad but true that even the best case scenario, he is burned and twitter is burned, would still result in him walking away as one of the richest mans

[Starver]

So, I guess that Boeing are rooting for Twitter to benefit out of this, then...

[anewaname]

Tesla...
How many large cities have constant smog clouds? It there a better way to improve air quality besides reducing hydrocarbon emissions? Why haven't any of the existing auto-manufacturers produced large volumes of EVs before Tesla did, despite years of "ongoing EV development"? How many existing auto-manufacturers lied or fabricated emission results for their new vehicles?

If Musk allowed voter rights and/or dividends, electric vehicle deployment would been smothered for another 20 years as Tesla was undermined and then absorbed into the "development and delay of electric vehicles" departments of other auto manufacturers.

If you want safe dividends, invest in T-bills. Don't imply that Musk should allow others to buy into control over his businesses, because Tesla's competitors are neck-deep in the cause and cover-up of global-warming, and his competitors are backed by oil merchants.


Twitter...
Their final Q1 earnings release stated less than 5% bots and Musk is saying "show me how you arrived at that number"

Spoiler (click to show/hide)

From this Twitter release, or get it from another source:
"We have performed an internal review of a sample of accounts and estimate that the average of false or spam accounts during the first quarter of 2022 represented fewer than 5% of our mDAU during the quarter."
...where mDAU are user accounts that create advertising revenue.

Twitter should already be able to prove how they arrived at the number, so  why didn't they show Musk the data he asked for? Would it be a surprise if Twitter either cannot prove the numbers because they lied (like those auto-manufacturers that falsified emissions results)? What if Twitter is directly involved in using their own bots to stir up some conflicts so more people look at twitter? What if it is part of their ongoing business model? What if Musk's data request to Twitter said "show me a count of both the revenue bots and the non-revenue bots"? Do not believe that high-level people at Twitter haven't taken contracts that they wouldn't want the public to know about.

[Cathar]

About Tesla :

At no point anyone is backing traditional manufacturers. Cars are a tech on a fast track toward obsolescence that are happily replaced by public transport and good urban planning. I do not own a car and haven't stepped into one for 2.5 years, and I live in a small town. If we are to adapt the whole urban infrastructure anyway (as would require a mass adoption of those large toy cars) we are better off with an intelligent combinaison of local businesses accessible by foot, public transport, distant work, home delivery systems, bike lanes and sidewalks instead. I'm fine with electric cars never seing mass adoption.

And just so we're clear : my main point is not "electric cars are bad". Tesla's a firm whose function is to create paper billionaires by overpricing a stock without dividends, who happens to produce big toy cars on the side. My problem is with Telsa being a dumb money trap, before it is even a car manufacturer.

Addendum : not producing dividends is a big deal. It means that the stock only has speculative value. The day people stop believing it has value, it is wiped clean. The money vanishes, the stock becomes absolutely worthless, which is probably why investors try to keep inflating the bubble. It is a the shitcoin of stock ; you don't want to be holding the bag when it burst.

About Twitter :

There was a point where you can ask question, and that time is before you sign the contract. It's too late to discuss the terms and numbers after you agreed to them, I'm afraid. Yeah, reading is hard but it was required and now it's too late. Twitter lawyers do not answers his calls because they don't have jack to tell him, and are now waiting for him to pony up as he said he would.

[Il Palazzo]

At no point anyone is backing traditional manufacturers. Cars are a tech on a fast track toward obsolescence that are happily replaced by public transport and good urban planning. I do not own a car and haven't stepped into one for 2.5 years, and I live in a small town.

Yeah, but in Europe. You can't get rid of cars in the US without completely revamping urban design of 99%* of population centres. They'll be stuck with cars as the main mode of transportation for decades longer than other parts of the world.

*source disclaimer: my arse

[Cathar]

Yes but, hear me out : if your taxpayer dollars stop fundings the weed stupor induced ideas of rich idiots, they can - and follow me there - be used to renovate and modernize US urban infrastructure.

I know informed agents using their own money in furtherance of their own interests may sound like socialism at first, but when you think about it, it's actually Adam Smith's definition of capitalism

[Il Palazzo]

There might be a cultural obstacle there - it seems to me that, broadly, Americans don't really want capitalism other than in name. What they really want is to become weed-smoking rich idiots, and curtailing the ability to leech off of public funding is seen as an assault on their own future selves. I think it's called the American Dream.

[EuchreJack]

Yes but, hear me out : if your taxpayer dollars stop fundings the weed stupor induced ideas of rich idiots, they can - and follow me there - be used to renovate and modernize US urban infrastructure.

I know informed agents using their own money in furtherance of their own interests may sound like socialism at first, but when you think about it, it's actually Adam Smith's definition of capitalism

Uh, no.
The US is like China when it comes to infrastructure.
We just don't have it.
Our towns and communities are too spread out for anything more than a bus system on roads. There are limited rail options.

There are however two technologies that will put the gasoline person driven vehicle out of business, and that is in fact the AI driven electric car.
And it will be due to Government reasons.
In New York, there is already proposed legislation from the Democratics to outlaw gasoline-powered cars. I imagine the gasoline powered car has 20 years tops in my state. More likely 10 years, but gasoline will probably get some extra time due to Hybrids.

As for AI, just think of Air Bags and Seat Belts. Once an AI can drive a car safer than the average driver, the human driver's days are numbered. I'll probably live long enough to see the end of human-controlled cars, but that technology is still elusive.

As for Elon & Tesla...HA HA HA.
You don't invest in the FIRST guy.
All this will only happen when the major automakers are geared up for it. Tesla's junk is too expensive: They're the Porsches of the Electric cars. It's the Honda Electric cars that will define the future.

[Cathar]

All of them are gadget in my opinion. Using personal cars throws the economy of scale out of the windows compared to any kind of public transportation, as for AI driving, it is science fiction right now. Electric cars also have a ton of inherent problems : battery tech is aweful (in terms of performances and their production destroys the environment), no economy of scales, recquires the whole infrastructure to be dedicated to them (which is the case right now, sure, but every parking is a place you cannot convert into a locale business), it is inherently dangerous especially for pedestrians, it costs society a ton in maintenance, and mass adoption of electric cars would  likely force open gas generators. It's a band-aid gadget on a systemic problem, dressed up as future tech.

Honestly I'm just waiting for the Hindenburg moment, when a lithium battery will fail in that sewer tunnel they dug under las vegas.

I think it's called the American Dream.

It only makes sense in a country where freedom of speech is unironically championned by union busters, which would be funny if it wasn't tragic.