OK. I'm a
huge admirer of everything Musk has a accomplished, but... W.T.F.?
Taking on Twitter will not only be a huge amount of work, it is likely consume a ridiculous amount of talent -- which could be focused instead on building next-generation humanoid robots, electric vehicles, energy solutions, reusable spaceships, and space stations.
Musk has a long history of taking on more than it's humanly possible, but so far he has been narrowly avoided failure. Recall that Tesla was ready to file for bankruptcy at one point in 2019.[a]
He hasn't sold any shares, so he's likely borrowing against his Tesla stock to finance this hostile takeover, exposing himself to all sorts of potentially ugly debt squeezes.
I really, really, really hope Twitter doesn't become a black hole that sucks talent and energy away from more important things. More than that, I hope this latest battle doesn't become Musk's Waterloo.
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[a] https://www.cnbc.com/2020/11/03/musk-tesla-was-about-a-month...
Taking on Twitter will not only be a huge amount of work, it is likely consume a ridiculous amount of talent -- which could be focused instead on building next-generation humanoid robots, electric vehicles, energy solutions, reusable spaceships, and space stations.
Musk has a long history of taking on more than it's humanly possible, but so far he has been narrowly avoided failure. Recall that Tesla was ready to file for bankruptcy at one point in 2019.[a]
He hasn't sold any shares, so he's likely borrowing against his Tesla stock to finance this hostile takeover, exposing himself to all sorts of potentially ugly debt squeezes.
I really, really, really hope Twitter doesn't become a black hole that sucks talent and energy away from more important things. More than that, I hope this latest battle doesn't become Musk's Waterloo.
--
[a] https://www.cnbc.com/2020/11/03/musk-tesla-was-about-a-month...