X’s director of engineering, Haofei Wang, has left the company

Re:X’s director of engineering, Haofei Wang, has left the co... by Macha on Tuesday March 25, 2025 @09:46AM (#43471235)

> You're assuming it was a business transaction. Of course not. Musk never intended to make a direct profit.

> As a political transaction, if anything, Musk paid very little for what he got.

I think the fact that he tried to get out of it, indicates that this wasn't a long term plan, though he did eventually make political use out of it.

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Re:X’s director of engineering, Haofei Wang, has left the co... by ergocoder on Tuesday March 25, 2025 @10:44AM (#43471963)

He tried to get out because the market crashed. FB went down like 3x. I don’t think there is anything more than that.

There was no harm in trying to get out and potentially buying it at a half price. He tried and failed.

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Re:X’s director of engineering, Haofei Wang, has left the co... by root_axis on Tuesday March 25, 2025 @11:29AM (#43472529)

I think he bargained on getting a lower price, but it was definitely a political decision, it's only that the horse he was originally betting on was DeSantis. After that fell through he eventually found his way to Trump.

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Re:X’s director of engineering, Haofei Wang, has left the co... by cma on Tuesday March 25, 2025 @09:49AM (#43471278)

And if they let him out of it he could have always immediately made another cheaper offer.

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