Could Twitter Bankrupt Elon Musk?
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- Опубликовано: 18 ноя 2022
- Could Twitter bankrupt Elon? No, he's way too rich. That's not a good answer to the question though, because Musk's value has already fallen by over $70 billion since he announced his plan to buy Twitter. So in the words of limbo, how low can he go?
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The finances of rich people is amazing. A rich person can have a bank loan them money so they can personally buy twitter, which then the company, not the person, is obligated to pay. The company basically borrowed money for the honor to sell itself? Being rich sounds really easy once you learn tricks like that.
the first million is hardest!!!
The amazing fact about what you said is that it's legal.
@@wlqpqpqlqmwnhssisjw6055first billion is harder
Venture capital do be like that
One of the reason really rich people pay very little tax when they have most of their wealth tide up in stocks is that they then take out a loan against the stocks they owe. They then write off this loan as a loss so that it reduces their tax burden. It is crazy that that is legal.
Can Elon be convinced to buy FOX News next?
Well, Disney owns ABC, so, maybe.
I think you meant buy Fox and bankrupt it. That would be nice.
Hopefully dominion voting nukes them to hell before that's required
Would be nice if he ran that into the ground as well.
CNN too, wipe the slate clean, let TLDR take over
If there is one thing I've learned from Company Man, it's that adding debt into a company's purchase is the Kiss of Death for that company
gordon thomas: But Twitter going BK doesn't impact Tesla any, or at least not much. As long as Tesla stock is worth a moderate amount (and it will be given its huge and growing margins, earnings, cash reserve, etc), then Musk won't go BK, even if he loses ALL his investment in Twitter tomorrow.
Who dossnt love the leveraged buyout
Ford doesn't seem to be dead. (Yet).
What? You must be joking! Debt is a common tool used by most companies. Look no further than virtual every legacy auto company for massive, and I do mean massive debt, on their balance sheets. For Chrissakes, their debt is multiple times the value of the company itself. And yet they have been plugging along for decades.
@@MrRyanDevo what was 2008
Could Twitter bankrupt Elon Musk? Good god, I hope so.
@@User8vfjhejf - Smart or just well trained by his rich parents and friends? But yeah, you're likely correct re: the stocks.
He'll be fine. The worst that will happen to him is that he'll still be very wealthy, just not the wealthiest person in the world. Something that disturbs me a lot is that the people with the most power to influence the economy are the least personally affected by the consequences of their actions. Elon's quality of life won't change if twitter disappeared, but everybody who worked for the company would be out of a job.
@@DjeauxSheaux Or he will become the richest man once again as he has now and laugh at all the losers who betting on his destruction.
I would add that Musk's Midas reputations has enabled him access to cheaper funding via equity and debt. If Twitter fails, that could also affect his other businesses.
@@wakaisgood Bad employees?
@@wakaisgood I hope so because he has basically attacked the western democratic world here, buying and ass-fucking something so critical to nations' security nations were thinking it had to be nationalized in case someone like Musk pulled shit like this with Bone Saw's or Putin's money (and indeed he did use MBS cash). He has decided to shape speech in a way that he owns and likes, whatever that means to Mr Amber Heard.
@@wakaisgood pfft, I hope this is a joke. Twitter is now completely unmoderated. It looks like it's going to shut down right now. Because he laid off like the entire company, Twitter is collapsing
@@wakaisgood no, what are they saying?
@@wakaisgood musk is a baboon in a suit. the perfect example of a fortune 500 CEO. the first company he ever founded had his code written by him and when it got bought out the new owners send some programmers in to optimizie the code only for them to discover he had build something close to a hairball wich, in programming means code so convolutet that any attempt at optimizing has the chance of breaking it in a major way. hes neither as skilled nor inteligent as he claims. twitter had some lazy workers that fir shure but now its in the hands of them. musk isnt iron man hes paper dude.
Tesla was always going to drop, it's overvalued -it is/was being valued as a 'tech company', not a car manufacturer.
Tesla had/has a valuation greater than several of the world's largest manufacturers combined; despite only being responsible for a tiny portion of sales/revenue.
Exactly. It needs to come down a lot still to be valued realisticly.
I hope people who held stock got or get out on time with a decent profit.
@@baronvonlimbourgh1716 When it reaches a $1T valuation again it will have to come down even more. :-)
@@danielstapler4315 it still is a small niche automaker that has had a decade long monopoly and enjoyed massive early adoption taxes.
Both are ending and competition is comming in strong over the comming years.
Tesla needs to refresh their entire line up very very soon. Their cars look increasingly dated next to their competition. Their designs are almost 2 decades old now and it shows.
Things are no longer going to be as easy as they have been. We will have to see if they can keep the momentum going. Maybe they will, maybe they won't. It definatly isn't guaranteed at all.
@@baronvonlimbourgh1716 About 1.35M EVs this year and over 2M next year. Tesla isn't going to stop.
Tesla's valuation is not about where they are today it's about where they are heading.
@@danielstapler4315 ok man.. we'll have to see if they are able to keep outgrowing the market going forward. If they can't tesla needs to be bought out.
the current valuation of Tesla is pure insanity.
You mean it's too low?
@@danielstapler4315 they make a tenth of the cars of any real car company but are valued ten times higher for no apparent reason. Maybe it's not as bad now there has been some correction...
@@danielstapler4315 They make cars that are outdone on every level by other manufacturers and for less price. They are a bubble that will burst. There is no factual justification for the valuation. Those that put that number on there have absolutely no understanding or actual insight into what makes a company actual worth a certain value.
Don't forget that the people that set this valuation are the same kind of people that didn't see the collapse of the housing bubble and subsequent bank problems. Anyone with commonsense could see that it was idiotic but those overpaid fat cats that were paid 7 figured salaries to sit on boards twice a year (a.k.a. having fancy meals at the cost of the companies in a resort half way across the world) to do oversight couldn't see an issue.
Crazy since its apparently still not profitable enough to pay out shareholder dividends
@@mmmhorsesteaks Hold that thought. In maybe 2 or 3 years you will see a headline valuing Tesla at a Trillion dollars. So remember your comment. :-)
It's so weird to me how he brazenly scams his own fan boys... see crypto ect.... and people just lap it up like milk.
Shouldn't be that weird honestly, you can see it everywhere nowdays.
Religion has been a grift for centuries. And the entire right wing ecosystem is build on grifting by winding people up to then scam every penny out of them.
And then there are multiple multinationals that made an art out of it as well.
It seems the entire world is starting to revolve around it.
Well clearly they're stupid enough to keep buying into his constant bullshit
Imagine paying subscription for Twitter 😂😂
Only to get a blue check that certifies you as a dicrider
People pay for blue checkmarks all the time. They just did it secretly but for several times more money then a subscription fee
Yeah imagine buying checkmark for $15k
I can imagine metamorphosis better.
Imagine paying money to watch RUclips videos. Oh wait, I do that.
The real question is: Can he still afford the new iPhone pro?
Maybe a refurbished one... lol
@@equesthanatos2635 Tim Cook: A grand for the new iPhone? That's ALMOST enough, make it two grands.
Lmao
@@Jose04537 lol the maxed out 14PM is $1.5k
@@Jose04537 I just hope for Elon that he gets the loan approved when he wants to buy the new Iphone 😝
He’s been able to grift enough taxpayer-funded contracts & fanboys to keep things going so far…
So very true. Talking to Tesla fanboys is worse than having a religious fanatic knock at your door.
In addition to his regular fanboys, he now has MAGA'S in his fanclub.
A lot of them a celebrating the trouble at Twitter, and are egging him on to go _"You're Fired"_ to more of the "woke" at Twitter.
Yes they actually believe that.
Grift lol? He had the most successful electric car and space launch hardware companies in the world…. You are too dumb to even understand how a rocket works lol. I’m
@@Spit823 go be Elon’s flight attendant.
@@cdb5001 they’re already spitting hypocritical buzzwords towards those they disagree with
It won't bankrupt him. It could bankrupt Twitter.
Oh, it really would bankrupt him.
How in the hell is Tesla worth more than Ford or GM? They make cars that have consistent panel gaps, brakes and brakes. Tesla… not so much.
@@iangrant4756 because when it gets evaluated it gets evaluated as a tech company not an automobile manufacturer.
This gives high evaluations comparative to the revenue, but if that ever changes the value will plummet. Netflix pulls the same trick, and is why it looks to be in trouble now.
"if my house is in bankrupt, it doesnt affect me" comment genious
XD
It can bankrupt him if he decides to not let go of twitter when it fails. He can even lose control of tesla.
"i'm going to buy you...and you're going to pay for it"
sweet deal
Twitter won’t bankrupt Elon, Ellon will bankrupt twitter 😂
TSLA is a bubble. He knew it too.
Everyone knew it.
It is a small niche automaker. Look at comparable stock, if you can find any.
I'd rather buy a petrol ford than a Tesla. Buying a Tesla could be like buying a DeLorean in the 90s.
@@michaeloshea5505 buying a petrol ford could be like buying a horse in 1915. The only place that would buy it from you after a couple of years is the butcher for a couple of bucks.
@@baronvonlimbourgh1716 not everyone apparently
@@baronvonlimbourgh1716 thatcouple of years more like decades. especially globally. but tesla wont see it. excessive net of dealerships, garages, big model lineup, common repair knowledge. tesla is for dumb teenagers. 420 69
reminds me of Murdoch buying Myspace in terms of value and possibly motive
He didnt do his research before he brought twitter?!
dosnt seem like it
he doesnt do research before he does anything
I get the impression he had poor legal advice and thought he could back out of the deal somehow after he had already committed to it
@@owenb8636 he might have good advice. And he might have ignored for the memes
He always could pay Twitter 1 billions to get out of the deal. I think he liked the idea of making Twitter employees cry
Step 1. Buy company
Step 2. Understand what you just purchased
Step 3. Start making changes
Elmo skipped #2, which actually should be #1.
Musk went far right. People on the far right hate EVs. Terrible business decision. He basically stated that the crazies would be allowed back on Twitter, advertisers don't like this. Another Terrible business decision.
I find it strange that someone gets a loan to by a company and is not personally responsible to repay the said loane
he is responsible for paying it back. he could lose the company aka his property if it defaults on the loan. He will maybe put it back on the stock-exchange before that.
Elon is what happens when you believe your own hype. : )
I mean, we're all humans after all. You can go so far trying to convince everybody that you're a genius, a savior, a mastermind before you start believing it yourself.
This year we witness the demise of two public figures people used to think were masterminds - Putin and Elon Musk - by their own hands.
We are really our own enemies
If that results in a bank account of over 300 billion, then countme in :)
Would you really want THAT much, dude? There's a reason for Musk's rampant, desperate attention seekeing on twitter, nobody genuinely loves the man. He's TOO rich and that point you don't know who, if anyone, really cares about you beyond seeing you as a giant cartoon sack with a dollar sign on it. Fuck that life.
@@twocandan1979 nah I guess I'm happywith my simple life. I've got all I need..some food, a roof over my head and some luxury items. That's pretty much all I need, I guess.
I kinda like Elon though. He's playing the game his way and takes big gambles which for the most part have worked out pretty well for him.
You can wonder what posesses a man to need so much money. Is the void he feels so big tat it takes that much to fill it? or is he just lucky? Maybe we'll never know :)
@@payt01 It's so he can offer ponies to everyone he sexually harasses.
The problem with being an eccentric hype-man is that it's unsustainable.
More likely, he's going to have to burn cash to keep it alive while he figures out monetization. But he did sell some $4 billion in Tesla stock recently, so he can afford a couple of years at least.
That's not where the money went.
The banks actually owns the company when the loans are not paid off.
But by that time, they might only recover 10 cents on the dollar….
No. Thats what bankruptcy protection prevents
What company?
meritocracy is a lie
Elon Musk’s drop in net worth is only partially because of Twitter, but mostly just because of the recent drops in the stock market
Technically, it's because none of his companies have ever turned a profit and people are only now realizing it.
@@zUJ7EjVD are you looking at the right data? The market is down over 20% year over year for 2022, not to mention Cryptocurrency which is down 60%.
Tesla is about to get a big slap in the face these coming few years.
Exactly. How was that not mentioned in this video! The sharp rise was purely driven by Tesla fans having disposable cash
Well, when Elon Musk sell tesla stocks people start wondering, so even if people are the market Elon Musk are tesla, and the question is, how will he spend his time?
Looking at the recent events, Twitter might soon become like an empty birdcage with hardly any users and employees.
Certainly don't need the worthless commies working 4 hours a week. That's a lot of salary saved, and alone could put them into the black.
Not really with doubling sales every year while all others have 50% less and cant keep up production
Is it wrong to hope that it does?
No I don‘t think so:)
I'd be sad if Twitter went bust. Not if at all if Musk went bust but Twitter was somehow rescued. Pity it doesn't seem possible.
NPC
@@meikelwupp7044 you're a major NPC
@@stoicazoo7845 “anyone who disagrees with me is bad”
The problem with Tesla valuation is that it's not coupled to business performance but rather to Elon Musk as a person. Elon is a master marketer and has made large investors in awe of him and willing to throw more and more money at Tesla. Now that there's a risk of Elon being less involved the price is headed towards the real value of Tesla. Nobody knows where the floor is. Might be Elon is short on cash soon.
Tesla made as much profit in 2022 Q3 as Toyota.
Yes I know you'll say Tesla has triple the market cap of Toyota but Tesla is headed up and Toyota is headed down.
@@danielstapler4315 yep, that was with Toyota selling like 10x more cars. What happens when Tesla matures to that point?
Tesla has basically no debt (other automakers have over $100 billion), and they just made more profit in Q3 than Amazon, who has $100 billion more in revenue. They’re about to see the results of two brand new giant factories getting to mass production. That bullshit in the video about not being able to build cars due to supply chain issue (which affected everybody) and “competition” is meaningless. Tesla has way more room than anyone else to lower prices in the case of a recession (like what’s happening in China right now).
@@jpq21 Will Tesla ever mature to that point? It is an expensive car with a now tarnished CEO, I think Tesla is dropping because the reality of its true expected value is setting in.
@@jpq21 or why but a over priced cheap Tesla
There needs to be a windfall tax on billionaires at this point.
Elon paid the most amount of taxes of any human being ever last year. Paying $15 billion. How is this not enough?
We’ll get some when they die and Apple sooner or later has to bring the money back to USA which will be taxed before it’s useable. If they pays divident, it too will be taxed. They’re just delaying the inevitable and it sucks for us now because it’s the first wave of such huge tax scheme.
Also they don’t sell stocks because they borrow money, and interest rates are going higher by the day.
Now we realize that being the most rich man in the world doesn't mean anything, you can vanish from that list on a blink of an eye, its all fairy dust.
Only if you screw up at being rich.
Even if he does fail, he'll still be richer than the rest of us
@@Fan_of_Ado Indeed. Poor him, he might only be able to afford one personal mansion. And a smaller private aircraft.
@@Fan_of_Ado And, Climate Change doesn't discriminate. All Humans are endangered.
@@Diana1000Smiles The rich can buy their way above the sea level
If twitter goes belly up, I couldn't care less, I really don't see any value there and, after what Elon said regarding the employees, I hope he takes a good hit as well.
Whoa, I was blinded by your positivity.
Why are leveraged buyouts even legal?
I want A. A is worth N billion peanuts. I don't have that many. So I borrow N billion peanuts, buy the company, and at the end of this somehow A owes N billion peanuts? It's the person buying who should be in debt, not the company being bought.
If Elon lost the whole 50Billion ... He may still manage to stay at the tip of the chart.
If tesla didn't slip. Tesla is a bubble.
@@CountingStars333 how Tesla is a bubble?
...no. He might lose his entire investment in Twitter, but "limited liability companies" means he'll never lose anything else.
However his poor business sense as reflected in buying Twitter might massively harm his Tesla / Space stock level. Especially due to him failing to deliver most his promises, i.e The Semi, the Cybertruck, The falcon Heavy, the Roadster, the vegas hyperloop etc.
He took on loans on his tesla stock to finance the deal, so it absolutely can.
@@Moray2023 Wow!
The Semi will start being delivered on 1st Dec 2022 so less than 2 weeks from now
The Cybertruck is arriving in 2023
The Falcon Heavy had a successful flight on 1st Nov 2022 less than 3 weeks ago
@@danielstapler4315 Wow!
The Semi was first promised for 2019. So it's such a success it's 3 years late, and due to the weight of the batteries, it's gonna carry a lot less than regular trucks. The Cybertruck has been promised next year, every year since it's revealed. The falcon Heavy has almost bankrupted Space X as shown in leaked emails.
@@danielstapler4315 And what about the Hyperloop?
Oh right, that never was a serious program and was just a con to throw a spanner in the works of high speed rail development "don't build high speed trains, there's something better just around the corner".
And all because he somehow saw high speed rail as competition for selling Teslas.
I have a $3,800 e-fatbike, good enough for getting around Quebec City half the year, far cheaper than a Tesla! In 6 yrs, we will get a tramway, thankfully no loop like Vegas!
I don't like Elon at all, but I'm really thankful he took such a big hit just to ruin Twitter.
Two jackasses with one rock
Now that it’s not a PC left wing anger echo chamber anymore?
@@Spit823 Twitter is a hellhole because of the stupidity that is found everywhere in humanity being amplified. Whether it’s right or left wing politics, culture war garbage, or dumbass takes from idiotic people like yourself if you really believe what you typed.
@@Spit823 It never was. It was an extremist echo chamber for both sides, with the left and the right just shouting at each other over the fences, whilst still solely consuming the media that was spoonfed to them
NPC
and then he goes begging on the street instead of twitter. but jokes aside he might be losing his grip on telsa , if he keeps selling shares to make twitter stay afloat.
I think, or rather it is my hope, that between the complete incompetence of running twitter, the extortion of Ukraine's army internet, the pony for his employee "servicing" him, and many other situations he's managed to vigorously step in will make it so that no one will give him a nickel in the future.
Probably not because you can apparently try to overthrow a government and still somehow get people tripping over themselves to start stillborn businesses.
But he's Electric Jesus! He can do no wrong! Don't mind the fact that not one of the companies he's ever owned is profitable, or that he lies like a rug about everything (neural network, Tesla autonomous car, boring company, SpaceX Mars pipedream), the sheep continue to flock to this charlatan.
The internet has allowed cults of personality to thrive like never before.
Well, Bill Clinton is out here offering Master Classes, so...
These people do the things they do because they CAN. And it predates computers, too.
I don't think the whole Ukraine Internet is that bad when American weapons manufacturers are being given grants.
@@reddragon3163 No, Starlink has been providing internet to the Ukrainian forces and Elon demanded that he get paid more or take it away. It more or less ensures that no military would risk buying or using Elon's services.
He is "worth" 200 billion but gets a loan for 13 billion? 🤔. Goes to show you how these "valuations" are complete BS.
Why did he had to borrow cash if he had so much money?
All his money is in shares of his companies. He would have less control of one of them (less shares) which apparently he preferred not to do.
I see a lot of YTers saying look how much this x FANG stock has dropped since mid 2021. They list the reasons from the business point of view but neglect to mention one of the major driving factors across the board which is simply that these stocks are overvalued and in a shrinking glabal economy with high inflation and increasing interest rates, these stocks will sell off regardless of if the business is bombing or not.
THANK YOU VERY MUCH for making the difference between wealth and valuation and touching upon the problem of transforming assets into cash!
meritocracy is a lie
The lower Tesla evaluation goes the closer he may get from margin calls. Which could really be problematic.
Do we have any estimates how leveraged he is?
@@PerErikKarlsson As far as I remember, when the deal was still fresh, there was quite a bit of leverage on Tesla stocks, but I don't know how the final deal, if anything changed.
Indeed any idea at what level these margin calls are?
Let's pray for the event that might humble him
Nah bro. In 5 year Elon will worth 500b dollars.
I love the random f-bomb in the middle as commentary xD. I'm not interested in business as is, but this channel is a gem worth watching in and of itself. Love all of you at TLDR, please never change (especially don't get non-British hosts, your voices are so soothing, even the most dire news sound palatable).
lol love that scene where you joked about Tesla not having any issues lol
Every time I see the valuation of Tesla I ask myself how on earth people think the company is worth that. Even if it made every car on the planet that price wouldn't be justified......
Only when the US government stops giving him money.
I keep thinking the $44B is a bit ... not really 44B. First he already owned 9% of Twitter, so 9% of the 44B goes back to himself.
He then found investors for $7B, came with $20B in equity/money + 6.2B in loans himself, personally. And then 7+6B in corporate loans that wont affect him in a crash.
So really he is out, $20B * .91 = 18B in cash and 6.2* .91 = 5.5B in Tesla backed loan or roughly 23B himself, the rest will default to other people.
Unless Tesla crashes massively, he can run Twitter into the ground and just get out owning slightly less of Tesla afterwards.
In my opinion the real problem for Musk with his Twitter acquisition going wrong is that It would show he can fail and in a big way, which would hurt pretty hard his image as an always successful entrepeneur and Tesla and SpaceX value (as lets be honest, a big part of their value is due to the confidence people had in their success in the future).
@@Elcaballerodesigilo you don’t become successful without failing - if you always succeed then you are not doing anything ground breaking or novel. This works in tech, owning companies etc.
@@mlguy8376 that's not how busy works, tech or otherwise. If your seen to fail, and in a big way, you will lose credibility and will struggle to find investments as a result. And Musk sinks Twitter, his brand will be impacted massively
@@Elcaballerodesigilo Once he has it up and running properly he will be getting a lot more ad'vertising. The wokey crap is dying an agonizing death, everyone who actually works and buy stuff is tired of it. All you have to do is look at all the wokey movies and and adverts that are loosing money by the bucket loads.
@@mlguy8376 Sure, but overpaying that much is a bit of a rookie mistake for the so-called genius businessman. Failing while trying something new and out of the box is fine, but failing because you don't know the value of what you're buying ...........not so great. Especially a company that hardly turns a profit.
Could Twitter Bankrupt Elon Musk? fingers crossed this happens
Very informative, thanks!
You're welcome.
Wow, nice explantion my friend
Keep the good work❤️
the fact 1 person can hoard that much wealth is a societal failure. That number is brain-breakingly large
Most of it is share value.
Tesla is over-valued and has already dropped to nearly 50% of its ATH.
But yea, seems like a pyramid scheme the way it blew up during the pandemic.
He doesn't hoard money. He owns businesses and stocks that are valued at that much money.
It would literally be impossible for him to be worth less because his businesses and investments are valued at billions by us because we consume his invested products
@@Kavewolf1989 In the fiscal year of 2021, the state of California collected a total of 248.19 billion U.S. dollars in tax revenue. California has 39.24 million people.
Just between Elon and spaceX 1 Man has $320,000,000,000. more then Twice the wealth of one of the countries Richest and most populated states How the Fuck is that ok?
wasn't their anti-monopoly or anti-trust laws for that shit?
@@coochize there are and he doesn't have a monopoly or violate any antitrust laws that I know of.
I don't understand what you are suggesting? As you said those businesses are valuable and he's in charge of them....what else is he supposed to be worth? Are we supposed to drag him into the street and rip his businesses to the ground and salvage the car batteries for the poor? Like I don't understand what exactly you expect to be happening. Are the people buying the electric cars failing the system too?
watch the video
I'm really enjoying the writing and quips in the business videos, keep it up!
If he's running Twitter, he's still personally liable. Directors have insurance for just that.
Ah, Insurance?
@@Diana1000Smiles maybe you should look into that. Better than trying to hide your involvement by registering fake directors.
Damn, I wish
To much money is never good for a person. Elon Musk is changing enormously last years.
Absolute power corrupts absolutely
I used to be a big fan of elon. Back in the days between paypal and when he just got involved with tesla and was setting up spacex. He seemed like a genuine motivated guy with lofty goals and ccrazy enough to persue them.
The last 5 to 10 year thet severely changed and now he's just an maniac on the loose.
He was always a dick, but the media was doing a good job hiding it.
The timing of that fuck was *perfect*. Thank you for that laugh!
A dose of humility would satisfy me.
When you are backed by the US millitary, kinda impossible to go bankrupt since they can borrow infinite money.
Who is backed by the US military again? I'd say SpaceX is the only company that remotely fits that description. US Military gives 0 fucks about whether Twitter, Tesla, Boring or whatever other Musk company goes under.
And any bailout by the US Gov isn't gonna be free. The company's gonna have to get loans or sell shares (AIG for example was almost fully nationalized during the 2008 crisis). That's not really a license to do reckless financial manouvers by SpaceX.
@@chinguunerdenebadrakh7022 Lot to unpack but whatever
1. US millitary does care about Twitter, having a guy who has large connections to them in control of one of the largest media platforms is a very powerful tool especially one known for being used by journalists and "leftists", if you think otherwise you haven't thought about all the implications. Twitter was never about the money its controlling the media, all media runs at a loss its about controlling what people think about the things that DO make you money. If you buy a media outlet (twitter, facebook, youtube, NYT, NSBC, ect...) its to stop people from putting off customers by reporting about how unethical your products are.
2. The US millitary is interested in Electric Trucks, if you look at the cybertruck its just a prototype of a hummer which is just a modified millitary vehicle. While its not openly said you know "national security", it wouldn't surprise me if Teslas main profits come from Millitary RND.
And failing that obvious one, Tesla makes energy grids for new renewable technology, you know the making and storing energy and is the cutting edge on this floor. if you don't see why the millitary wouldn't be interested in that considering most wars are fought because of oil if you don't think the millitary isn't interested you've lost the plot.
3. Bailouts? The company goes bankrupt due to bad practice and the consiquence is what exactly? the government then pumps a ton of money into your company, no board members get fired, you might take a slight paycut if you care about optics? wait about 5 years and the government will sell all the shares back the market at below what they are worth which you can buy back now that the company is running properly again?
Elon's drop in net worth is mainly because of twitter. He vastly overpaid it (Zuck bought Instagram for only 1 billion) only because 44 was a meme price with links to numerology and shit. The reason he fired emplyees is not because they are worthless, but because he couldn't afford them. He is doomed to fail. And he deserves it all.
That's bullshit you know nothing about how it works
@@stoicazoo7845 then explain how it works
Every time I try to find who's the current shareholders for Twitter, I kept getting old information from before the Musk buyout. So hearing the 82% number in this video caught my attention. Can I have info on the rest of the 18%?
There are no shareholders now musk bought out all the shares. Twitter is now a private company thus no shareholders.
It took me one minute to find the info. The other (institutional) owners are: Vanguard Group (8.95 percent), BlackRock Fund Advisors (4.66 percent), SSgA Funds Management (4.28 percent) and Fidelity Management & Research (2.76 percent).
awesome breakdown. truly.
He is looking a way out slowly in Tesla. He is selling bit by bit. And people didn’t notice 😂😂😂
Tesla stock is ovevalued.
Waaaayyyyyyyyy overvalued! LOL
Let's wait and see what the clown does next
There's an old saying that goes something like this:
If you owe the bank ten thousand dollars and you cannot pay, you have a problem. But if you owe the bank ten million dollars and you cannot pay, then the bank has a problem.
That will apply very much more so for the banks which have lent Musk over 10 billion dollars!
How is musk worth 200b? Easy. He isn't. And never was. Next question?
Next question: How do you know that?
Exactly. Once he needs to sell all of his Tesla stocks, that will result in monumental crash of valuation.
Not sure I agree with your statement about Tesla suffering from supply chain issues. At least in Ireland, it takes about 3 months to get a model 3 or Y, which are the cash cows for Tesla.
Can someone explain the trickery of the leveraged loans ?
I mean how the loan can burden the company Twitter and not musk ?
it's not really trickery, ordinarily it's pretty safe considering $13 billion is only a small chunk of $44 billion. the only thing the bank didn't consider is how musk could end twitter faster than truss' lettuce.
@@kennethkho7165 Thank you bit I still don't undrrstand why it is twitter who has to pay the loan :/
@@baclm555 It is similar to you buying a house taking a mortgage. It is a loan on the house value. If something goes wrong you lose the house but do not get bankrupt.
@@arctic_haze I see
but in the mortgage the house is the collateral, the house doesn't have to product value so I can refund the loan, I as a personn is responsible for the loan and my revenues have to be used.
So my question would be more knowing the lack on income from Twitter what collateral was put on the loans, twitter itself ? Would be weird as it is very risky.
I am not very aware of how so big loans works for buying companies
@@baclm555 It is not as different. In both cases your property is treated as a different legal entity than you. In both cases you actually are the one paying back the loan but the risk is on property, not you directly (the liability is limited to the property). Finally, I do not get what you mean by "the house doesn't have to produce value". The important thing is that it can earn (it can be rented and you will pay the load from the rent). Whether you do it is your choice (if you have enough money to pay the loan from other cash flows you may choose not to use the house as an source of income).
I do hope so.
Hopefully
America redefined the definition of billionaire when they realised that a million million is actually a lot more effort to graft.
Thousand million, a million million would be a trillion.
Is it absolutely ghoulish that a man can lose 77 billion and not bat an eyelash? Yes. Can we hope to lose him even more than that and make sure he knows most people hate him? Also yes.
@the title: “Well I certainly hope so” ☺️
Tesla has the issue now of almost every car maker going into the eV market. It's a bubble that will burst soon.
Someone should do a side by side evaluation of Tesla with other similar companies that sell cars…
It's been done lots. Tesla are behind many other companies in volume sales and profits, yet an order of magnitude in share value. This is because people want shares in Tesla because they see other people want shares in Tesla, because they see other people want shares in Tesla .... It is like a spontaneous Ponzi scheme. It will all collapse one day.
TLDR - No.
Thats not how bankruptcy works. If I own shares in a company, say ACME. and ACME goes bankrupt, all I lose is my investment in ACME. The courts cant come after me for ACME's unpaid bills.
One can always hope that Elon gets bankrupt or suffers at least a big loss. Doing stupid shit should have real life consequences, even for billionaires.
Do you ever think that the twitter acquisition wasn’t necessarily for profit but for something much bigger? Think about how valuable owning something like could be. Everyone that got kicked off twitter loses a lot of power, he could even buy it just so he can’t be kicked off. You could even call it a “power” insurance.
I believe it's deeper. Who else owns Twitter?
Successful people don't become that way overnight.most people see at a glance wealth, a great career, purpose-is the results of hard work and hustle over time. A big part of financial freedom is having your heart and mind free from worrying about the what-if's of life. I pray that anyone who reads this will be successful in life.
Assets that can make you rich
Crypto
Stocks
Real estate
You're right
You see many people remain poor because of ignorance
Really you know her?, I even thought I'm the only one he has helped walk through the fears and falls of forex trading
I know expert HATTIE LILLIAN SLOAN and I have also been trading with her,she's such an amazing woman with good skills keeps me happy all week knowing I earn fifteen thousand extra income trading with her.
So musk did the same thing as the private equity firm did to toys r us.
All this speculation and doosay sounds juicy for Speculators and Musk sceptics, but given his pockets and overall corporate vision/direction, i think what should be looked at is if he can A) find staff willing to work with his unhinged corporate expectations B) possess the skills needed whilst not having polarised political views C) are willing to contribute to a positive work culture that suits a platform that aims to be an impartial market square of communication.
Lofty expectations on a timebomb of a budget.
He'll need to flip this situation in a matter of months and show that there is a future and potential.
Interesting take ... I was expecting you to point to the threat to SpaceX of debris taking out their broadband service and making it harder to find safe windows for launches. Maybe too obvious?
Keep up the great work 👍😀
*"Elon's gonna Elon"* - Pentagon official.
Elon trying to commit a shakedown with Starlink for more money for providing internet to Ukraine, even though he was already getting paid for it (and getting priceless postive publicity), is going to do long term damage to Space X.
The Military Industrial Complex have long memories, and don't like being blackmailed during wartime. Now the US military is looking at constructing their own version of Starlink, as they can no longer rely on Elon to not play games. He's also made Starlink a lot less attractive for many second and third World Nations that were thinking of using it to provide internet services if they don't have existing infrastructure (like how a lot of them have skipped building landlines and gone straight to mobile networks) - they would have to worry that Elon could pull the plug on them over a mean tweet from a former govt official.
And Elon can forget about getting new govt contracts for other vital programs, he's shown himself to be unreliable.
Thank you for your explanaton in the starlink bisiness. Your arguments are totally plausible.
Elon the war profiteer - He was going to charge Pentagon $4500 for each starlink connection! That's where Musk's $20 million comes from for piddling few connections he "donated" to Ukraine.
People that aren't rich talking about situations they couldn't possibly have a clue about. Par for the course.
I HOPE SO...
Best wishes to Elon Musk! May his efforts to *sink* Twitter be successful. 😊
he has cut 400 million in personal costs, he got the greatest growth of users for years and if he succesfully implement the blue twit play thingy he can get up to 400 million a year with that. Twitter can get a greater reach with a smaller character limit, video feeds and monetization possibilities for contenct creaters.
i think hell manage fine but people shorted tesla for years loosing all their money. people love talking down on others specialy those who are more competent and achieve more than anyone else
"You fucked up good and proper Spud!"
@@Gardstyle35 TSLA down more than 50% year to date. Don't be so smug.
NPC
@@stoicazoo7845 “anyone who disagrees with me is bad”
I really feel left aside hearing and seeing several
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@Ken Crosby That's true a lot of people today
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awful specialists
I have been investing with an expert Charity Combs for
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activities
Wow I'm just shock someone mentioned and
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Tech and renewable energy : senior management are absolutely fine leveraging to death without batting an eyelid. Until banks want their money back.
5:57 this made me snort my drink out 🤣
It would make me so happy to see him go broke. I swear that sort of wealth ruins people, no one should ever be that rich.
Sorry to say, but Musk was ruined even before he got rich. LOL
This people is considered a genius, but I fear that someone is wrong.
Hope so.
Leveraged buy-outs should be illegal. Period.
Loving this
Seems like there's one blaring omission.... Almost all companies stock prices have and they're evaluation gone down tremendously this year.
First off, no human is worth $200 billion... He may possess it, but he's not worth it.
I like the new channel, nice work. Would be nice if you released a follow up video about Tesla. A lot of speculation about the tesla situation without any hard numbers, in this video, so think a Tesla video would be warranted. Keep up the good work.
Absolutely
"World need more milionairs" Elon said, as he poured gasoline on his bilons dollars of wealth with a box of matches in hand.