Musk’s repeated outbursts against advertisers have dried up the main source of revenue for the loss-making company formerly known as Twitter. A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped. At some point, he will have to provide a fresh infusion of cash to salvage his $44 billion takeover.

  • John Richard@lemmy.world
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    8 months ago

    I have to give Musk credit. At least he help narrow my car buying decision to know at least one brand that I’ll never buy.

  • GiddyGap@lemm.ee
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    8 months ago

    Stop buying Teslas! Many other great or better EV choices out there.

    • TheBraveSirRobbin@lemmy.world
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      8 months ago

      Are there? Last I’d heard other options either didn’t have infrastructure to charge vehicles on long trips and / or took too long to charge.

      I really haven’t looked into this so please just take this as a genuine question, and if you do have suggestions on other EVs I’d be curious what they are even though I’m not really in the market for one right now.

      • CeeBee_Eh@lemmy.world
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        8 months ago

        Last I’d heard other options either didn’t have infrastructure to charge vehicles on long trips

        Literally isn’t an issue going forward. Other EVs can use Tesla chargers.

        • sfbing@lemmy.world
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          8 months ago

          “Going forward” is actually “not quite yet” for most non-Te sla manufacturers, unfortunately.

        • raptore39@lemm.ee
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          8 months ago

          We have been waiting for our free MachE adapter now for …checks email… 5 months. Apparently we’ll have it by September 2024.

        • TheBraveSirRobbin@lemmy.world
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          8 months ago

          I knew they did a trial run of it somewhere in like Norway or Scandinavia or something but didn’t know it went anywhere. Good to know that there are better options

  • rsuri@lemmy.world
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    8 months ago

    He’ll probably just get tesla shareholders to gift him the money. They’ve shown they’ll sign off on pretty much anything he asks for.

  • irreticent@lemmy.world
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    8 months ago

    “A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped.”

    Gotta love it. He told advertisers to fuck off, they fucked off, now he’s even more mad at them.

    • auzy@lemmy.world
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      8 months ago

      The problem with Tesla really is Elon.

      If he sells his majority stake, I suspect it would be a lot better.

      The biggest reason against buying them is him. They also make more than cars (their powerwalls seem alright).

      If X fails though, I suspect all those bigots will flood over to here (Facebook and X seem to be distracting them for now).

      Let them have their nazi prison. Just make it not profitable

      • Iheartcheese@lemmy.world
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        8 months ago

        The people who aren’t buying Teslas because they hate Musk aren’t gonna change their mind because he sold some stock. The company is tainted forever.

        • auzy@lemmy.world
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          8 months ago

          They won’t a tiny amount… But controlling share they might.

          I can’t afford a Tesla. However, my biggest concern is that musk will half arse firmware or sabotage the company somehow.

          If he doesn’t have controlling share, that’s a win and I suspect quality control will likely improve too

        • SSJMarx@lemm.ee
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          8 months ago

          I’m not so sure. The overlap between “people who would like a high end EV” and “people who won’t buy something associated with Musk” has to be pretty big. I imagine if Musk’s roll was reduced the Board would have to put some work in to rebuild their brand, though - maybe by really focusing hard on quality control and longer-than-standard warranties for a few years, the way Royal Enfield did to shake off their own reputation for shoddy workmanship and cheap parts. Then they could let “the Musk years” fade into history and retake their reputation as the Premuim American EV.

      • A7thStone@lemmy.world
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        8 months ago

        Personally I’d be wary of putting a giant brick of lithium in my house, especially from a company with the questionable quality control of Tesla.

        • auzy@lemmy.world
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          8 months ago

          I agree partially, but in practice, the LFP batteries should be fine (I would never trust the PowerWall 2).

          Unfortunately, been looking at other alternatives, and there don’t seem to be many seamless home batteries that cut in instantly in the event of a power outage (like an online UPS) either.

          The reality is though, I expect Tesla to lose this market anyway (they only just introduced the PowerWall 3 in AU… Even cheap chinese manufacturers have been using LFP for a while)

      • tacosplease@lemmy.world
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        8 months ago

        Having worked with Tesla I can tell you not all their problems would leave with Elon, but it would certainly be a great start.

  • Valmond@lemmy.world
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    8 months ago

    Why is this news…

    Some rich guy might do something that doesn’t really change anything for anyone.

    • boonhet@lemm.ee
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      8 months ago

      Potential Tesla stock price crash aside - if he sells enough stock, the company will be less associated with him and people on the left (you know, people who actually WANT EVs and not coal rollin’ pickup trucks) would be more likely to buy Teslas again. Because to be fair, they do make some damn awesome powertrains (and attach an aerodynamic smart fridge to it unfortunately, but eh, you can’t have everything all at once, now can you)

    • AA5B@lemmy.world
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      8 months ago

      Twitter used to be very widely used.

      Tesla, at least in the US is by far the biggest EV manufacturer

      They’re both a pretty big deal and he’s well on his way to wrecking one: we hope it’s not both

  • Sgt_choke_n_stroke@lemmy.world
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    8 months ago

    Whats interesting is the NRA spent billions in TV propaganda running a news channel and that venture ended up bankrupting the whole organization. It looks like musk is falling in the same trap

  • Cyrus Draegur@lemm.ee
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    8 months ago

    Or maybe he’ll just have to sell Twitter.

    Or maybe Twitter’s debtors can place a lien and sell it right out from under him.

    Kinda curious about what if Twitter were nationalized…? Like, make it a service of the USPS or something? Force it to become accountable to its users?

    • Evilcoleslaw@lemmy.world
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      8 months ago

      The only issue with nationalizing it is that it will be probably even worse for moderation than under Elon. Private enterprises currently enjoy protection for moderation decisions. If it were nationalized any moderator action would run up against the First Amendment directly. Elon could ban Nazis (he doesn’t but he could). A government controlled entity cannot.

  • snekerpimp@lemmy.world
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    8 months ago

    Is this why he’s kissing trump’s ass? Does he think the orange sandwich has the ability to help him if orange shit stain becomes president?

  • SmokumJoe@lemmy.world
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    8 months ago

    I don’t understand how you can sue a company that doesn’t want to advertise on your platform

    • catloaf@lemm.ee
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      8 months ago

      You can sue anyone for anything. It’s just a matter of how long you fight it before it gets thrown out.