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Re:Twitter has officially changed its logo to ‘X’ by csomar on Monday July 24, 2023 @08:51AM (#36847162)
This would have made sense if he delegated the responsibility of running it to third-parties and completely severed ties with the company. He didn't do that, which given the colossal amounts involved will get him into litigation.

And if you think he is smart, think again. He tried to "smartly" get off the deal but the other party was smarter. He is clearly not the smartest man in the room.

Re:Twitter has officially changed its logo to ‘X’ by easyThrowaway on Monday July 24, 2023 @09:15AM (#36847469)
He's probably way less smart than he believes himself to be. But he's already tried in the past to get out of problems by throwing a a curveball to the issue.

Boring Company / Hyperloop existed mainly to stop California from building their own high speed rail, and The Tesla Truck existed mainly to rebuild hype around the Tesla brand at the time, and it's probably never going to go into production. Both were "built to fail".

Once he realized that he couldn't get out of buying Twitter, I believe he's trying to apply the same script to make sure the loss is way smaller than 44 billion dollars.

Re:Twitter has officially changed its logo to ‘X’ by andsoitis on Monday July 24, 2023 @11:03AM (#36849150)
> The Tesla Truck existed mainly to rebuild hype around the Tesla brand at the time, and it's probably never going to go into production. Both were "built to fail".

Regardless of whether "truck" here refers to the Cybertruck (https://www.tesla.com/cybertruck, for which you can place an order) or the Semi (https://www.tesla.com/semi), are you really suggesting it is just fake and there's nobody working on these vehicles?

I will throw in the new Roadster (https://www.tesla.com/roadster) for good measure too.

Re:Twitter has officially changed its logo to ‘X’ by easyThrowaway on Monday July 24, 2023 @02:33PM (#36852395)
Yep, I was talking about the Cybertruck! thanks for the correction!

Also, I wouldn't call it fake outright. Something more along the lines of the Lamborghini Huracán Sterrato[1] or the Porsche 911 Dakar[2] - which are like... yep, they're real cars, but it's more of a limited run branding exercise than an actual vehicles range.

[1]https://www.lamborghini.com/it-en/modelli/huracan/huracan-st...

[2]https://www.porsche.com/international/models/911/911-dakar/9...

Re:Twitter has officially changed its logo to ‘X’ by mcphage on Monday July 24, 2023 @08:53AM (#36847209)
> He tried to "smartly" get off the deal but the other party was smarter.

Well, the other party sold their company to Elon Musk to run into the ground, so smarter isn't quite the word I'd use for them, either.

Re:Twitter has officially changed its logo to ‘X’ by kaba0 on Monday July 24, 2023 @08:56AM (#36847238)
They sold their company at a very good price, much higher than its actual worth. That’s hardly a dumb business decision. They will also have a good track record on management, given how much better twitter were under their control.
Re:Twitter has officially changed its logo to ‘X’ by mcphage on Monday July 24, 2023 @09:25AM (#36847630)
> They sold their company at a very good price, much higher than its actual worth.

Yeah, I get that, but in doing so destroyed a thing that lots of people found value in. So yeah, they made more money than the thing was worth, great business decision, but I'm not willing to award "this nice thing is worth more as scrap than it is on its own right now" as being called "smart".

Re:Twitter has officially changed its logo to ‘X’ by stevenwliao on Monday July 24, 2023 @02:23PM (#36852248)
If someone wanted to buy your house for three times its market value and their grand plan was to turn it into lumber, would the smart move be to decline?
Re:Twitter has officially changed its logo to ‘X’ by mcphage on Monday July 24, 2023 @02:50PM (#36852629)
Probably, yeah. For starters, my family likes our house, and we're not really looking to move right now. Like, I'd end up with more money (which is good!) but an angry wife (which is not!).
Re:Twitter has officially changed its logo to ‘X’ by kaba0 on Tuesday July 25, 2023 @07:37AM (#36860829)
Depending on the people involved, a company can be much less personal.
Re:Twitter has officially changed its logo to ‘X’ by mcphage on Tuesday July 25, 2023 @04:45PM (#36869194)
As a followup to my previous comment—we've lived in this house for over 13 years, and own it outright. If we had lived here only a few years, and had no real equity in the house, that would probably change the equation considerably.
Re:Twitter has officially changed its logo to ‘X’ by csomar on Monday July 24, 2023 @10:25AM (#36848509)
They are investors and emotionally detached from the company. I don't think they care about what happens to the company after they hand it over.