Elon Musk tells advertisers: ‘Go fuck yourself’
www.theverge.com
Musk also apologized for the antisemitic post, then pushed the idea in other terms.

he said. “We’ll be gone, and it’ll be gone because of an advertiser boycott.”… eeer, no.

  • Zuberi 👀@lemmy.dbzer0.comEnglish
    14·
    10 months ago

    Elon made deals w/ hedge funds to funnel him money as they shorted the stock (not to mention 100x leverage derivatives against Twitter).

    Since canceling his PR team, Elon’s entire MO has been to run it into the ground in a manner that seems plausible to the SEC so he doesn’t get out-right sued.

    He just isn’t this stupid, whether you want him to be or not.

    “Fuck you” to his advertisers seems like a fairly on-brand way to telegraph his true intentions.

    • archomrade [he/him]@midwest.socialEnglish
      3·
      10 months ago

      I’m a little confused by this comment, Twitter isn’t a publicly traded stock anymore?

      Unless you mean he made deals with them before he BOUGHT twitter (for well beyond market value), meaning the hedgies would be taking a loss…?f

      edit: that doesn’t preclude the possibility he’s tanking the company so he can declare bankruptcy to get out of his loans, but that doesn’t involve conspiring with hedge funds, it’s just a different kind of financial fraud

    • SeaJ@lemm.eeEnglish
      9·
      10 months ago

      He’s the primary owner of the private shares. The shares are not publicly traded. None of what you said makes any sense.