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Comment by danso | Hacker News Reader

Coincidentally, the @TweetTweaker account — which AFAIK was the first to call wide attention [0] to Elon buying up twitter shares right after his $5k offer to @ElonJet was rebuffed — is currently suspended. Its last public interaction was around Nov 6, 2022 [1]

https://archive.vn/WLXQJ

[1] https://twitter.com/GreatPaul_Smith/status/15894241378646097...

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This FEELS like some kind of fraud - sell to me or I'll devalue your assets.

It's pretty amazing that one guy tweeting public info made Elon spend 44 billion.

yeah, it seems to me that Elon Musk has the emotional stability of a teenager hitting puberty, only filthy rich

I imagine an assassination would've been cheaper.

Jail time would be very expensive for somebody who owns several companies

While we're all being glib, I don't know how you can look at America right now and think that law applies to billionaires. I would be astounded if we saw real proportional consequences against any of America's aristocracy. As long as you aren't killing or hurting other billionaires, I think they have practical blanket immunity.

SBF's still in the news, bro.

As long as you aren't killing or hurting other billionaires was the key part of my statement.

We have rule of law for disputes between aristocrats (mostly), but still immunity for aristocrats when it comes to lower classes.

That's why Pelosi can say rule of law out of one side of her face while the other is saying "I have a right to the free market."

[Deleted]

One nitpick : $44 billion is not chump change.

$44 billion and counting, given that Elon's antics have started negatively impacting Tesla stock.

To the point where it now trades at ~50% of its previous value.

It's not chump change for the not insanely rich, but the economics are massively different when we're talking about assets. All that happens is money moves from one asset to another; unless the buyer tanks the value of it their new assets nothing is really lost.

You need to lose that scarcity mindset and reconstruct your thinking around abundance.

The laugh I got from this made my entire day, thanks

He's not managed to control the narrative though, only tank his finances and draw attention to everything negative that falls out of his face hole.

I'm quite enjoying this one at the moment.

44 billion was around 25% of his net worth. That's a lot of money, even for Musk. If his current actions cause Tesla to be viewed less favorably and sales to decline, it could cost him a lot more than that

The Tesla brand approval rating is more negative than positive for the first time:

> On Nov. 7, for the first time since YouGov began tracking Tesla in 2016, more respondents in the U.S. reported a negative perception of Tesla than a positive view. The brand perception has eroded further since, according to YouGov data.

https://www.wsj.com/articles/elon-musks-twitter-politics-add...

Consider it done, check out the Tesla stock trajectory for the last six months or so.

I believe I saw something just this morning about Tesla's market cap falling quite a bit since the Twitter purchase...

I highly doubt that's the only reason he bought it lol

Have you seen how petty, narcissistic, and irrational this guy is? Normally I'd say that would be insane, but at this point I wouldn't put it past him.

I believe the purchase was $44B. Elon only has some personal stake, there are loans and other investors I think. I don't know if the specific accounting of the sale is public info.

The company was bought for $44 billion. $46 Billion was the deal, $33 Billion from Elon + $13 Billion from some bank.

The extra $2 Billion wiped out Twitter's old debts IIRC.

Where you live is public info, but publishing it still constitutes doxxing.

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