/biz/ - Business & Finance

>>49839886
Well he didn't say nvm as far as I'm aware, he just didn't realise the amount of bots because they lied to him and now he wants a discount

Crazy part is they are going to force him to buy. Biz is sleeping on this merger arb.

>>49840424
He's a retard for signing the contract before getting the information. It's like buying a house without ever even visiting it.

retarded grifter who enjoys the attention

>>49840461
It's like buying a house where the purchase agreement has a due diligence period during which the buyer can terminate or get price adjustments based on whats found. So a standard way deals are done. Sorry you're too poor to know this.

>>49839886
>>49840435
>>49840461
>>49840473
Lol you’re retarded

>>49839886
>I'm gonna buy 1.5 Billion worth of BTC
>Wait, it uses a lot of electricity?

>>49840461
part of the deal was for them to show him the user data, he signed the contract saying he would buy it if he was satisfied with the user data. He hasn't bought anything yet

>>49840424
They didn’t lie about shit musk is just low iq and this was the best attempt at an excuse out of the deal he could muster.

>>49839886
>say you're interested in buying a used car
>go down to the dealership
>has 50k more miles than advertised, steel rims with missing hubcaps, engine that knocks at idle, etc.
>OY VEY, YOU SAID YOU'D BUY IT
>NO TAKEBACKS, GOY!!!!!

He is a grifter.

>>49841067
Musk simps are fucking brain dead

>>49841164
i don't think musk ever said "you will own nothing and you will be happy", which is the main point of the great reset. Comparing random comments like that you could compare him to just about anyone

>>49841501
Then why does the random comment "you will own nothing and you will be happy" mean that much to you? It's a single line from one (1) of their videos years ago.

>>49841231
Yes

>>49839886
Because he's a shit investor

OP don't understand what Elon did.
Elon devalued Twitter in 20% without even spending a single dollar. And in the process forced Twitter to review a lot of shady stuff that was going on. Some right wing politicians gained 20% of followers, while leftist lose up to 30%. Why? Because apparently twitter notice a problem with their counting algorithm. Yeah, sum is hard...

>>49839886
>>49841231
>negotiate billions of dollars of discount
>WHY GOY?? BRAIND DEAD?

>>49841744
Elon don't want to buy Twitter. He is just fucking with them.

Take a look at some big news. They easily have half a million followers, but every tweet they make barely gets 40 replies. Meanwhile my burn accounts, that I use to troll people, with 100 followers gets 50 replies.
You just know there is something really wrong with twitter users.

Even the richest man can get justed. Feels good man.

>>49839886
twitter went full poison pill. his buy was based on them acting rational not sabotaging themselves just so he couldn't buy it.

He said he'd buy it to stop the jannies from ruining it. The bots were a secondary concern. Very few people expected to discover that twitter isn't even real, just bots psyopping each other in the ether while jannies curate all the nobody talking to nobody for journalists to write articles about it.

>>49841846
KEK

>>49839886
He never intended to buy Twitter, retards.
He used it as an excuse to sell 50b worth of stocks before the market collapse.

>>49841846
This is why you make a lot of kids.
If one became a faggot, you can just pretend he does't exist until he dies (average life expectancy for trannies is 30).

>>49841541
because that's what the great reset is all about, resetting the economy so nobody owns anything and everyone rents everything, that's the main point of the whole thing

>>49841924
If it was the case, it was a master move.

>>49841727
this. he did it intentionally, knowing twitter was filthy with bots. twitter could either admit it and lose valuation or lie and lose both money and valuation.
>but it might cost him 10 figures
yeah but he's worth 12 figures. we're watching a sperg with preposterous amounts of 'fuck you' money intentionally throwing wrenches into gears

>>49839886
>I'm going to buy twitter
>Omg!!!1!! He's going to buy twitter
> Yes, and in order to do so I'm going to cash out a few billions on tesla stock
> Yes daddy, cash out on me!
> Don't you go devauling the stock, I'm only doing it because I'm buying twitter
>Yes daddy, buy twitter for me
>There. I'm going to buy twitter now.
>Yes daddy, show those awful leftists who's daddy
>Huh? Twitter has bots. I better not buy
> Yes daddy. That showed twitter
>I think I'll keep the few billions I cashed out. No biggie
> Yes daddy. I love you daddy.

>>49842104
You must agree that it was genius move.

Tesla was way over priced. Their stocks where worth more than most of all car companies combined.

>>49842050
Can you link to any of their documents where they say this? I always thought they just included this video to pander to le millenial minimalist

>>49842647
the original tweet was here
https://web.archive.org/web/20201101022307/https://twitter.com/wef/status/799632174043561984?lang=en
and an article here
https://web.archive.org/web/20161126181029/https://www.weforum.org/agenda/2016/11/shopping-i-can-t-really-remember-what-that-is/
Those were the visions of the great reset by the wef. Having a rental economy
And there's articles like this
https://www.euronews.com/next/2021/10/21/future-of-home-ownership-blockchain-could-help-you-get-your-foot-in-the-market
>In America alone, over 200 US financial institutions have been buying low-end and entry-level properties, and even entire towns. Through steady expansion of its domestic property portfolio, investment firm Blackstone has become the largest landlord in America. In a recent $6 billion deal, it acquired Home Partners of America, adding 17,000 single occupancy rental properties to its burgeoning portfolio.
>In the UK, Lloyds Bank announced a goal of purchasing 50,000 homes over ten years. High street retailer John Lewis is also planning to build 10,000 rental properties. Many other firms on both continents and across the globe are expected to follow suit.
And klaus still says things like this
https://www.weforum.org/agenda/2020/06/now-is-the-time-for-a-great-reset
>To achieve a better outcome, the world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a “Great Reset” of capitalism.
And monopolization of large companies at the detriment of smaller ones
https://www.prnewswire.com/news-releases/the-great-reset-wall-street-undergoing-a-120-trillion-transformation-301196560.html

>>49839886
He’s friends with Jack, who was kicked out of his own company and is salty as fuck as a result. It’s obvious that Jack told Elon about the real bot numbers before Elon went in with an offer.

He either wanted to use that information as leverage to lower the price, or the whole deal was just a ruse by Elon/Jack to expose Twitter as a propaganda platform ran by bots, with no intention of actually acquiring it. Simple as

>>49839886
Drugs

>>49839886
Twitter tied its stock price to the amount of users engaging on the platform which they inflated with those bots. They literally committed a crime to the SEC, but notice how that story was buried when it came to light just how MANY bots it had? Twitter is getting away with fleecing its investors because they are on the 'right side of history' and are pushing the government's desired talking points and I don't believe otherwise until we see Jack himself in front of congress or in chains.

>>49840461
>He's a retard for signing the contract before getting the information.
No, that's not how this works. Twitter is legally required to report its actual earnings to the SEC and he was foolish enough to believe a company that big with so much scrutiny wasn't so brazenly breaking the law. The only naivety here is thinking that the US isn't a tinpot banana republic where certain companies on the side of certain politicians get to just ignore the law where they wish.

>>49843572
Bingo
Elon is giving Twitter a choice, discount to their actual price or he'll put them through the legal wringer. I still think politics will fall on the side of twitter and the buy will be considered not worth it, but he could put twitter CEOs in jail before its all over.

>>49842647

>>49843572
this. obviously elon had to pretend to figure it out himself during the due dilligence process, otherwise twitter would have been able to sue jack into oblivion

>>49840935
did papa elon make you buy doge dips sinde 70 cent?

>>49839886
>i will not so subtly imply for the second time
>something in a very similar vein to
>funding secured
>when in fact no funding has been secured at all
>and then i will act surprised when i am accused of market manipulation and fraud.

Because he is a teenager in the body of a 50 year old man that compulsively chases reddit upvotes

>>49843730
Lmao not even close. Elon would have to prove a Material Adverse Event to break the deal. This has only been done ONCE in the history of M&A cases in Delaware court. Delaware courts are going to make reddit willy wonka cry like a little babby.

>>49840830
Kek

>>49844343
>Elon loses less than 0.5% of his net worth cancelling the deal while destroying a company he obviously hates
I bet he is devastated

>>49843483
Did you read the very next tweet?
If anything this shows that they are very well aware of the negative consequences this type of economy could have.

Also on the article you linked it says:
> The views expressed in this article are those of the author alone and not the World Economic Forum.
And it also seems pretty critical.

>>49843876
Who the fuck is Baruch Levy supposed to be?

>>49839886
He will buy it to remove the bots at a lower price and get those who lied in the company in a prison for lying to their shareholders instantly cleaning up the management before taking it over.

Literally who gives a shit about the bots? Just make the platform free speech you rich fuck

>>49844567
This is about exposing twitter for what it is. It’s clear that he hates them for ideological reasons

>>49844410
Specific performance clause means the court can force him to perform, ie buy twitter. For the agreed upon price. He signed this contract. The $1B termination fee is if financing somehow can’t go through or if the deal gets blocked by regulators, not just if he feels like not buying it. You can’t claim you didn’t know what you were doing when you are the richest man in the world.

>>49841036
How does it feel to be mentally defunct?

>>49844521
kek baggies

>>49844567
You forgot that shit run ads?

>>49840461
>this nigger thinks this situation is the same as buying a house
Damn homie you really have no clue hiw this all works huh

Autism.

>>49840935
How much did you pay Elon for your NPC brain chip?

>>49839886

This, you dummies. And I saw right through it the whole time.