1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Impact on Tesla of Twitter buy?

Discussion in 'Tesla' started by mikefocke, Oct 4, 2022.

  1. mikefocke

    mikefocke Prius v Three 2012, Avalon 2011

    Joined:
    Nov 3, 2012
    3,626
    1,623
    0
    Location:
    Sanford, NC
    Vehicle:
    Other Hybrid
    Model:
    Limited
    Musk dilution of Tesla stake?
     
  2. Moving Right Along

    Moving Right Along Senior Member

    Joined:
    Dec 29, 2016
    685
    539
    0
    Location:
    USA
    Vehicle:
    2009 Prius
    Model:
    N/A
    According to Fortune, Elon Musk owns 25% of Tesla, which at current market cap works out to around 195 billion dollars. About half of that has been used as collateral for various loans, so that gives him roughly 97 billion dollars of stock that he can sell. Take out the 44 billion to buy Twitter and Musk still has 53 billion dollars worth of Tesla stock, minus his collateral, after the purchase.

    My guess is he will remain the largest shareholder in Tesla, and that fact alone will prevent any significant stock slides.
     
  3. Zythryn

    Zythryn Senior Member

    Joined:
    Apr 28, 2008
    6,153
    4,145
    1
    Location:
    Minnesota
    Vehicle:
    Other Electric Vehicle
    Model:
    N/A
    Musk sold TSLA stock after the original offer. I do not believe he needs to sell any more.
     
  4. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,571
    48,862
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    interesting turn of events, he must have got what he wanted
     
  5. Trollbait

    Trollbait It's a D&D thing

    Joined:
    Feb 7, 2006
    21,590
    11,212
    0
    Location:
    eastern Pennsylvania
    Vehicle:
    Other Non-Hybrid
    Or realized he was going to lose if this went on.
     
  6. dbstoo

    dbstoo Senior Member

    Joined:
    Oct 7, 2012
    1,210
    648
    0
    Location:
    Near Silicon Valley
    Vehicle:
    2024 Prius Prime
    Model:
    XLE
    That's a good assumption. The other possibility might be that the court proceedings may bring out facts and figures that he'd rather not disclose. There may be some good reading in the tale of why Musk said on the record that making the cybertruck in low volumes would cost $1,000,000 each, but thinks he can build them in high volumes for under $50K each.
     
  7. farmecologist

    farmecologist Senior Member

    Joined:
    Jun 25, 2015
    1,945
    1,785
    0
    Location:
    Southern MN
    Vehicle:
    2012 Prius v wagon
    Model:
    II
    Naw...I'm of the belief that he wouldn't have won his case in court. Hopefully the he buys it, the stock tanks, and we can all move on...haha. Regardless of how this turns out, I'm not sure it is 'good' for Musk, However, when you have billions, I'm not sure he cares. (y)
     
    Moving Right Along likes this.
  8. Trollbait

    Trollbait It's a D&D thing

    Joined:
    Feb 7, 2006
    21,590
    11,212
    0
    Location:
    eastern Pennsylvania
    Vehicle:
    Other Non-Hybrid
    The stock had already dropped from the price he agreed to pay, which is why he was trying to reneg on the deal.
     
  9. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,066
    15,372
    0
    Location:
    Huntsville AL
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Plus
    I just want the Twitter-Musk ‘news’ to tone down. A lot of posting about nonsense to me.

    Bob Wilson
     
  10. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,571
    48,862
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    can't see how that will happen once he owns it
     
    Trollbait likes this.
  11. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,066
    15,372
    0
    Location:
    Huntsville AL
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Plus
    I kinda wish Elon had bought YouTube. It has more technical content and Google is trying to drown it in ads.

    Bob Wilson
     
  12. Trollbait

    Trollbait It's a D&D thing

    Joined:
    Feb 7, 2006
    21,590
    11,212
    0
    Location:
    eastern Pennsylvania
    Vehicle:
    Other Non-Hybrid
    But Elon uses Twitter regularly.
     
  13. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,066
    15,372
    0
    Location:
    Huntsville AL
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Plus
    Well at least he'll be 'walking the field' ... the most successful farm fertilizer.

    Bob Wilson
     
  14. farmecologist

    farmecologist Senior Member

    Joined:
    Jun 25, 2015
    1,945
    1,785
    0
    Location:
    Southern MN
    Vehicle:
    2012 Prius v wagon
    Model:
    II
    I see plenty of ads on YouTube and Twitter...on my phone.

    However, my ad blocker works beautifully on my PC ( I use AdBlock plus ). No ads whatsoever in YouTube or in my Twitter feed....(y)
     
  15. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,571
    48,862
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    it blocks the video ads before the main video?
     
  16. dbstoo

    dbstoo Senior Member

    Joined:
    Oct 7, 2012
    1,210
    648
    0
    Location:
    Near Silicon Valley
    Vehicle:
    2024 Prius Prime
    Model:
    XLE
    What video ads before the main video? Do they do that?

    With a properly configured Linux system those are not rendered, though the option of displaying them can be toggled on.
     
  17. farmecologist

    farmecologist Senior Member

    Joined:
    Jun 25, 2015
    1,945
    1,785
    0
    Location:
    Southern MN
    Vehicle:
    2012 Prius v wagon
    Model:
    II

    Yes...AdBlock Plus on Windows with the Chrome browser blocks *all* ads on YouTube, Twitter, etc... I haven't seen ads on any of these sites for years. (y) When I use YouTube on my iPhone though...I see what you mean...lots of ads...yuck!
     
  18. dbstoo

    dbstoo Senior Member

    Joined:
    Oct 7, 2012
    1,210
    648
    0
    Location:
    Near Silicon Valley
    Vehicle:
    2024 Prius Prime
    Model:
    XLE
    Just a side note... I don't object to the ads as much as I object to the javascripts that run them. Those scripts are frequently delivered directly from unknown and untrusted servers that can be located anywhere in the world. The web site that serves you a Youtube video often has no idea that they are providing a portal for malicious hackers to exploit your machine.

    A very bad example of this runaway javascript proliferation is the local jury duty site. You are REQUIRED to log in there when selected to serve on a jury. Somewhere in their configuration they turned on the trackers or ads for Facebook, Instagram and a half dozen other sites. It included a tool from Microsoft's BING, which has a "if you use this you agree to all of our terms of service" buried in it. The BING terms of service then has a hook that says that you accept ALL Microsoft product terms of use. The court system has no idea that they are pushing this to every person who is tapped for jury duty.
     
  19. John321

    John321 Senior Member

    Joined:
    Nov 16, 2018
    1,103
    1,144
    0
    Location:
    Kentucky
    Vehicle:
    2008 Prius
    Model:
    Two
    Aren't most modern popular browsers settings blocking all java script by default?
     
    hill likes this.
  20. dbstoo

    dbstoo Senior Member

    Joined:
    Oct 7, 2012
    1,210
    648
    0
    Location:
    Near Silicon Valley
    Vehicle:
    2024 Prius Prime
    Model:
    XLE
    I don't know. I don't use all of them but and I can assure you that without javascript a huge number of web sites will not work. Banks, healthcare portals, this website, etc are predicated on using some javascript. This site does not work well without 6 of the 10 javascripts allowed.