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Since Elon Musk’s Twitter purchase, firm reportedly lost 72% of its value (arstechnica.com)

submitted 10 months ago by boem@lemmy.world to c/technology@lemmy.world

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[–] MushuChupacabra@lemmy.world 73 points 10 months ago (2 children)

These numbers are relatively easy to explain. Elon Musk is a fucking idiot.

[–] mannycalavera@feddit.uk 23 points 10 months ago (1 children)

I'm not a finance guy but I agree with this statement.

[–] homesweethomeMrL@lemmy.world 2 points 10 months ago

So ordered.

whap

[–] LifeInMultipleChoice@lemmy.world 7 points 10 months ago (1 children)

I'm waiting for him to get kicked out of Tesla if they still have a board, haha. His acts of removing things like Disney + and such do to political arguments is a direct impact on purchases. I don't think streaming in the front seats should be, but investors should easily know that limiting buyers will devalue the company over time.

[–] ahriboy@lemmy.dbzer0.com 1 points 10 months ago

And ZA is waiting for Elon Musk's return. EFF and ANC Youths gonna pelt him with protests.