Author Topic: Elon Musk buys Twitter  (Read 104089 times)

Offline skyguy918

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Offline PlatinumGuy

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Re: Elon Musk buys Twitter
« Reply #481 on: December 29, 2022, 10:46:32 AM »
Starting to wonder if he bought Twitter as a backup plan bc he knows Tesla has surplus inventory and high chance of bankruptcy
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Offline avromie7

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Re: Elon Musk buys Twitter
« Reply #482 on: December 29, 2022, 11:11:15 AM »
Starting to wonder if he bought Twitter as a backup plan bc he knows Tesla has surplus inventory and high chance of bankruptcy
Where are you getting this from? Where are you seeing extra inventory, and why would they have a high chance of bankruptcy? They have plenty of cash on hand.
I wonder what people who type "u" instead of "you" do with all their free time.

Offline zh cohen

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Re: Elon Musk buys Twitter
« Reply #483 on: December 29, 2022, 11:36:00 AM »
Tesla has surplus inventory and high chance of bankruptcy

How does a company with almost 10x more cash ($21.107B) than debt ($2.37B) go bankrupt?

They have enough cash that if they did not bring in a single dollar they would be able to pay 60% of all liabilities ($33.723B).

Offline avromie7

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Re: Elon Musk buys Twitter
« Reply #484 on: December 29, 2022, 12:16:35 PM »
How does a company with almost 10x more cash ($21.107B) than debt ($2.37B) go bankrupt?

They have enough cash that if they did not bring in a single dollar they would be able to pay 60% of all liabilities ($33.723B).
As well as very high margins meaning they can afford to drop prices significantly and just not make a profit until the economy picks up. The new EV tax credit definitely helps as well. They can also offer the SR MY which would be a lot cheaper than the current cheapest MY option.
I wonder what people who type "u" instead of "you" do with all their free time.

Offline CountValentine

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Re: Elon Musk buys Twitter
« Reply #485 on: December 29, 2022, 12:41:24 PM »
“The past two years have been an absolute nightmare of supply chain interruptions, one thing after another,” Musk said in an interview with a Tesla owners group. “We’re not out of it yet. That’s overwhelmingly our concern is how do we keep the factories operating so we can pay people and not go bankrupt.”

How is Tesla stock doing?
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Offline PlatinumGuy

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Re: Elon Musk buys Twitter
« Reply #486 on: December 29, 2022, 07:18:39 PM »
Where are you seeing extra inventory
Promotions for customers taking delivery before year end means unsold inventory
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Offline avromie7

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Re: Elon Musk buys Twitter
« Reply #487 on: December 29, 2022, 09:36:00 PM »
Promotions for customers taking delivery before year end means unsold inventory
That's true, but there is a very obvious reason for that. The upcoming EV tax credit meant everyone was trying to push off their delivery until next year, so Tesla matched the tax credit for the remainder of the year.
I wonder what people who type "u" instead of "you" do with all their free time.

Online AsherO

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Re: Elon Musk buys Twitter
« Reply #488 on: December 29, 2022, 11:18:38 PM »
Promotions for customers taking delivery before year end means unsold inventory

These are delivery deferrals, not unsold inventory.

My understanding was more about people trying to defer delivery until early 2023 for tax credits and Tesla trying to hit unit projections for 2022 (they’re almost certainly gonna miss them even with the $7500 discounts they’re handing out).
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Offline yuneeq

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Re: Elon Musk buys Twitter
« Reply #489 on: December 30, 2022, 12:13:24 AM »
Promotions for customers taking delivery before year end means unsold inventory

People holding off for a month means Tesla has so much extra inventory and high chance of bankruptcy? This is more similar to the Black Friday sales that every year starts a week earlier than the previous because customers don’t want to purchase anything until BF.

In that case we can also dump Amazon, Walmart, and just about every business that makes a year end sale.
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Offline CountValentine

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Re: Elon Musk buys Twitter
« Reply #490 on: January 09, 2023, 06:10:42 PM »
Markets Insider: Bill Miller is shorting Tesla because of looming competition problem.
https://markets.businessinsider.com/news/stocks/tesla-tsla-stock-price-bill-miller-short-competition-problem-valuation-2023-1
"I just don't think it's worth more than the top five automakers in the world combined."
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Offline Dan

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Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline Dan

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Re: Elon Musk buys Twitter
« Reply #492 on: January 12, 2023, 04:56:52 PM »
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Online Euclid

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Re: Elon Musk buys Twitter
« Reply #493 on: January 12, 2023, 11:14:55 PM »
All 3rd party apps are currently broken

Online Euclid

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Re: Elon Musk buys Twitter
« Reply #494 on: January 13, 2023, 09:06:05 AM »
All 3rd party apps are currently broken
Still broken. Either this was intentional, or their SRE team sucks

Offline chff

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Re: Elon Musk buys Twitter
« Reply #495 on: January 13, 2023, 09:11:26 AM »
All 3rd party apps are currently broken
Oh I thought it's just me

Kept on killing the app, restarting my phone

Offline CountValentine

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Re: Elon Musk buys Twitter
« Reply #496 on: January 13, 2023, 09:11:50 AM »
...or their SRE team sucks
Any teams left?
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Offline CountValentine

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Offline chff

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Re: Elon Musk buys Twitter
« Reply #499 on: January 17, 2023, 11:12:04 AM »
Taliban start buying blue ticks on Twitter
https://www.bbc.com/news/world-asia-64294613
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