Zero doubt that if Elon acts the fool, many will leave and a new Twitter like service will be started to gradually replace it.
He's also going to be under intense pressure to not influence the platform for fear of losing business with Tesla and SpaceX, not to mention Bezos' contention that the Chinese may wield pressure over Musk given the Tesla supply chain.
In the end, this could end up a giant headache for Musk if he opts to behave like an infantile meme lord instead of a vaguely rational owner with a coherent vision the public can buy into.
What's your basis for this though? The last time Trump was all over Twitter no one left in protest they simply spent more time there being outraged and following every single tweet of his. Just look at the Trump Presidency thread. It's packed with both centrists and leftists linking al manner of Trump tweets just to laugh/be outraged. Whatever Musk does with twitter, its not going to affect any business with Tesla and SpaceX.
I think Trump's situation is in a previous chapter of Twitter's history that many have learned /moved on from,. If Musk, as the actual owner of Twitter, begins abusing his role by enabling all kinds of unsavory behavior, I think there's a massive opportunity for a new service to emerge that offers the governance balance its users are looking for. I personally don't think Musk is going to rock the boat too much, since it would affect his other businesses, at least one of which relies on US government contracts, and the other on Chinese factories as the primary manufacturer of its vehicles.
Christ.
This actually raises more questions than answers. Which countries censorship laws does he plan to uphold? Wil it be for whatever is the law of that land. Different standards for UK vs USA vs Saudi Arabia?
That's about $26b in net worth lost just this morning
Because they assume musk is more likley to spend his time tweeting people are peados than running tesla?I don't understand why?
I hope he lets Trump back on, the Trump thread has been rubbish for ages
I don't understand why?
Haven’t you been following TSLA?Having a loose cannon for a CEO must be an investors worst nightmare.
Having a loose cannon for a CEO must be an investors worst nightmare.
It’ll be the same laws that regulate Twitter now. The difference being they currently try to head of legal challenge with self regulation. He’s implying he’s willing to let things escalate and allow the courts sort it out. Which would be an insanely expensive and risky strategy.
Of course, he’s probably just talking out of his hole. He does that a lot.
This actually raises more questions than answers. Which countries censorship laws does he plan to uphold? Wil it be for whatever is the law of that land. Different standards for UK vs USA vs Saudi Arabia?
Musks politics for the most part are ambiguous but you can be confident he is a business first conservative who is from an apartheid background. Has he ever openly supported Trump? Im not sure but I wouldnt be shocked to see cheeto jesus back on
Because Musk needs cash to buy Twitter, which means he will deviate resources from Tesla. It was expected and bound to get a hit as soon as news broke.I don't understand why?