Elon Musk's Ego Threatens To Drive Twitter off a Cliff

~ The Mighty Elon Musk is the new Trump. Fortunately he is not a politician, has financial clout and cannot be silenced.
He will likely make his Libertarian views more popular and put the "social" back into social media.

Freedom of Tweet !!


Leftistoutrage ​

 

One of those companies, produces a physical product. All the VALUE in that company (as the last snip in my OP, written by former Labor Secretary Robert Reich, explains), is in its materials, equipment, buildings which house their assembly lines and, of course, in its finished product. In the creation of that product, labor is merely a COST. Therefore, the more that company can reduce the labor cost, & still turn out the same end product, the more profitable will that business be. However, all the value, in Twitter, is in the expertise of its employees. They don't turn out a material end product, which reaches a point of being "done," and then has a basically set value. Their "product," is an ongoing work in progress. To continue delivering the quality of their service, necessitates the continued participation of all those workers. So the WORKERS, are the ASSET. For Musk to dismiss half his workers, it is as if those who are his customers, all had half of the cars they are leasing from his company, suddenly fall apart, as well as half of the assembly line machinery, disappear into thin air.

Of course, another difference is that the revenue comes not from the users, but from the advertisers. Yet, the advertisers only pay, because of the users: how many users there are, as well as what are the demographics of those users; these determine how much advertisers pay, as well as, if those companies will even opt to spend their ad dollars at Twitter, at all. IOW, unlike selling a car, advertisers pay as they go, able to switch to another "dealer" at any point, and Musk then loses that "sale."

I think Reich probably did a better job than I just did. And if my OP's ending snip, is not sufficient, you can always use the link to see the rest of his article, which is still rather short, as it is from a newspaper type publication (The Guardian).

 

@Overitall

Maybe I should have just depicted the difference as being that producing a vehicle is a set process. So the manufacturer knows all that is involved, at the outset, and just wants to streamline that process, to make it as efficient as possible. But dealing with all the issues that may arise, among all the submissions, like so many drops of rain, falling in Twitter's torrential Monsoon, is not nearly so predictable a procedure. It requires CONSTANT maintenance.

 

~ Musk is doing a fine job of creating a Monsoon of truth and freedom of opinion. The majority will appreciate and follow ...

 

Yet with all that made up kerfuffle, Your Twitter experts you think are so equipped to run Twitter lost over 1 billion last year. Yet as of today, Twitter New User signups averaged 2 million new users per day during the week of November 16 up 66% compared to the same week in 2021. And Twitter stock has risen constantly since Musk announced his take over from 37.50 to its current value of today at 53.91.

And Twitters area of expertise is not its employees. So far more than half have quit and Twitter keeps chugging along. They are all replaceable.
Twitters area of expertise is its social networking. Yeah, it takes employees to run it but it doesn't take 7500 woke idiots paid more than any Microsoft employee.
When you can rack up all the successes that Musk has, you can get out of that armchair quarterback position and show us something.
Until then, your crazy theories don't align with the actual numbers Twitter is enjoying.

 

I'm going to stop you there, because you offer a lot of stats, without any sources, which I have found to be a necessary verification of your "facts." Case in point, I recognized your statement, above, as a falsehood: Twitter stock (symbol TWTR) has been DE-LISTED, from the NASDAQ stock exchange, as of late October, IIRC. Its price has, thus, not changed, since. So the runup in the price, had all been due to the commonly seen phenomenon, when there is a stock buyout offer, on the table. That's all. It's reflective of nothing that Musk has done. Did you not know that?

It seems, from your wording, that maybe you had realized this, but were just expressing the fact that the price rose, in advance of the buyout, as some sort of endorsement of Musk, which it was not. IOW you seem to have been playing with words, so as to be giving a false impression, to anyone who didn't know any better, & who was not scrutinizing closely your every word, which though, was not technically lying. Hence, my requirement (of which I have previously made you aware), that when you cite things that are not common knowledge, I expect you to accompany these claims with authenticating links.


What will be interesting to compare, over the next year, are Twitter's quarterly earnings (or, more likely, losses), year over year. But we will need to have some patience, to get that verification, one way or the other, as to how good or bad of a job, Elon is doing.

 

A simple search would provide all the information you want
https://www.barchart.com/stocks/quotes/TWTR/price-history/historical?orderBy=tradeTime&orderDir=asc

And you can scrutinize my words all day but my statements are correct
1. Twitter stock went from 37.50 in August to its current 53.91 on Oct 27
2. New Twitter sign ups averaged 2 million up 66% from this time last year
3. The 7500 Twitter employees lost over 1 billion last year.
4. More than half (3500) of Twitter employees quit, not fired by Musk
5. Twitters area of expertise is not its employees. I have no idea where you dug that up. Their expertise is in Social Networking
6. Those woke do nothing Twitter employees were making an average of $96,790, or $46 per hour when Microsoft Corp pays its employees an average of $33.31 an hour

Now if you think you can dispute one of those, help yourself.

 

~ That Twitter was a piss-poor business model if there ever was one. I would not be surprised if Musk runs the place with less than 1OO people.

"Happy Tweets""' ​

 

That's a load of bunk.

 

~ Mighty Musk has already suggested he will start his own cellphone company to compete with Apple. It will be called 'Cherry' — "Because people want a choice of flavors in smartphones ".
The man is genius ...

 

the right is the biggest spreader of big lies out there.... pizzagate anyone

 

So what?? Like I already said: that was because there was a buy-out offer. Are you unaware, that it is standard practice, whenever there are even rumors of a speculated buy out/takeover, for the stock price to go up? This is no credit, to Musk.

A) I reiterate: where is your f'ing proof of this? I do not trust your word, alone. The source you offered has nothing about Twitter sign ups.

B) Even assuming you are correct, for the sake of argument: Twitter makes most of its money from AD REVENUE, not directly from users. And it JUST LOST ITS LARGEST ADVERTISER, Apple.

And here is more misinformation, from you-- demonstrating, once more, the need for sources, in your case, for all claims that are not common knowledge. I have already offered sources that cover what you posted, incorrectly, above. Musk did, indeed, fire half of the Twitter staff. After that, however, 1,200 additional workers, quit, bringing his workforce down to 2,750. This was quoted, in my OP!!

So, you are once more pedaling bad information, without providing a source-- and were too lazy to even read my OP, which gives both a link and a Snip, covering what you got wrong, here. Yet you act like it is my laziness, to not go looking up all of your dubious assertions?
LOL.

When I see B.S., in your posts, as here, I am done with them. Also, if I see a bunch of claims, with no links, don't expect a response. There is no reason for you to not provide your own supporting links (as I provide for my own claims) especially since, supposedly:

So, then, you have no excuse for not doing that "simple search," unless you are trying to pull a fast one. BTW, this quote was your 2nd instance, in this post, of bullshit (without my even reaching the end of it), as your single link, did not provide "ALL the information," I'd wanted.

 

Some of the responses in this thread are silly.

OP: Musk's management is going to destroy Twitter.

Enlightened Responses: So what, it's his company, he can do what he wants.

The problem with the above back and forth taking place in this thread is that the OP has not made the claim that Musk can't do what he wants or that Twitter doesn't belong to him. That's not being disputed. The responses to that effect are being made against a point that has not been brought up.

Some of the responses in this thread are a case study on how to deliberately miss the point.

 

The sale price was $54 per share (he overpaid), and then it was de-listed, because it is not a shareholder owned company anymore. No one knows its true value at this point, but it would be significantly less since half of his top advertisers have walked away. IMO he plans to do more with it than what it has been in the past, so we'll see it if turns out to be a money-maker or not.

 

I think there is a word for exactly this.

 

"""we have no idea what Musk will do going forward, not even sure Musk knows"""

Why do you just keep blabbing and not posting about something you already claiming to "have no idea" about?...

 

don't you believe in free speech

 

Elon Musk is a modern-day Howard Hughes

and will suffer the same fate

he is following in the footsteps of Hughes and showing early signs of mental illness

 

Hughes had great successes and failures in life. He died rich. What mental illnesses do you think Musk is showing?

 

Just another fake leftist media bluff. Twitter has thousands of advertisers and they haven't lost half of their top advertisers either. It’s actually just the small number of advertisers who are making the decision to maybe pause until there’s more certainty around the direction of the platform and it has more to do with reputation than performance. Most large advertisers aren't going to cut off their revenue streams just to make some silly statement.

There hasn't been a tangible shift in the way that the media connects to users, or in the way that these advertisements performs for the brands that they work with on the platform

The reality of where it stands is there have been no changes to content moderation policies. There have been no changes to brand safety, to the algorithms and tools that control and monitor, and make sure that the inventory maintains currency. The fact that Twitter lost over 1 billion last year and has only been profitable twice in 10 years, I don't see how Musk could do much worse.

 

First off, I never claimed any credit was due Musk. I simply stated the stock performance. But your deflection is noted.
I love how you make these off the wall claims with no information to back them up but expect it of others.
That is not why Twitter stock was rising and you couldn't find that claim if you looked for hours. YOU just made it up out of thin air then refuse to provide your source while hounding me for not providing sources?.
Hilarious
When Musk agreed to buy the company, the market was hot. He paid $44 billion, twice its market value at a time when social media stocks were overvalued. ALL OF THEM. And that wasn't just for Twitter.
No go back and learn something instead of regurgitating made up excuses.

So you need proof of what everyone on the planet already knows? I didn't realize when I made the statement that there was anyone that far behind the learning curve on Twitter and the thousands of public information media post. So let me educate you so you won't be so far behind everyone else on the planet
Despite Chaos, Twitter Sign-Ups At All-Time High With New Features Coming
https://screenrant.com/twitter-sign-ups-increase-new-features-coming/

Twitter User Signups & Daily Active Minutes Hit All-Time High
https://www.tesmanian.com/blogs/tes...ctive-minutes-at-all-time-high-says-elon-musk

Twitter may exceed one billion monthly users in 12-18 months
https://www.smartprix.com/bytes/twitter-may-exceed-one-billion-users-in-12-18-months-elon-musk/

10 TWITTER STATISTICS EVERY MARKETER SHOULD KNOW IN 2022 [INFOGRAPHIC]
https://www.oberlo.com/blog/twitter-statistics

WOW, You are really in the dark with Twitter. I didn't realize how much.
Apple Spent $84,000 on Twitter Ads the Same Day Elon Tweeted It 'Mostly Stopped' Advertising There, New Data Shows
https://www.yahoo.com/now/apple-spent-84-000-twitter-202400450.html

On Monday, Elon Musk picked a public fight with Apple, accusing the company of freezing its advertising on Twitter and wondering aloud if the alleged pause was because “they hate free speech in America.” In fact, Apple spent $84,615 on Twitter ads that very same day, according to data from Pathmatics, a digital ad analytics company. The day before that, Apple spent a full $104,867.

The data contradicts claims that the iPhone maker mostly stopped advertising on Twitter. Apple’s Twitter advertising purchases actually grew from October to November, Pathmatics’ research showed. Apple spent $1,005,784 on Twitter ads in the first 28 days of November, already more than that company’s October budget of $988,523, according to the analytics firm.

Well you have proven that your search abilities are vastly limited in the previous post.
Now its your ability to comprehend the information provided? And thats my fault?
You asked for proof of Twitters historical stock values
I provided you with the actual data on Twitters historical stock values

https://www.barchart.com/stocks/quotes/TWTR/price-history/historical?orderBy=tradeTime&orderDir=asc

Now you're claiming it doesn't provide you will all the information you want? I guess a simple chart found with a simple search that provides the history of stock values doesn't click?
Sorry about your abilities. I don't know what to tell you. I don't know of anyone who couldn't track Twitter stock values on their own, much less read the material provided.

 

what sane person would want over a 100 million followers on twitter and then post nonsense??

would a sane person buy Twitter?? and pay $44 billion?? and believe the platform can be regulated by the 1st amendment??

how many users will twitter lose if his $8 dollar a month plan goes into effect??...why not stick with his $4.20 theme??

would a sane person go on a podcast and smoke pot and cost his company billions ??

and having recently traveled to 8 different foreign countries in 2 hemispheres, the only electric vehicles I noticed were bicycles

yes, here in the US, electric cars are the trend ...but there is little interest in them internationally

Tesla is nothing more than a pimple on the ass of the transportation sector of the world

a person with mental illness does not know the truth from the false

Musk surely knows how to build rockets and make it profitable

but a person of his success to get involved in social media and politics is a little crazy!!

 

A man who cares more about principles than the Almighty dollar might spend that kind of money to rescue what he values more than money. You may call it crazy. I call it integrity.

 

The Title is fake news.

TWITTER IS FUN AGAIN: Twitter has grown under Elon Musk — mainly in the U.S., data shows. “Data from two independent research firms, Apptopia and Sensor Tower, indicate that downloads and activity on Twitter are on the upswing in the weeks since Musk bought it and in comparison to last year, appearing to confirm recent boasting from the tech billionaire that he has reinvigorated the social media app. “



They predicted disaster: "We can’t ignore the increased engagement on Twitter. I don’t agree with some of Musk’s decisions and how they were executed, but he is present and Twitter seems more alive since he took over."

 

It sounds as if you have at least some guess, in mind, for what Musk is up to-- or else, why would you opine that Musk "plans to do more with it," than formerly had been? Can I convince you to share your musings?