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  • Tesla shares sink, wipe out over $125 billion in value

    From Technobarbarian@21:1/5 to All on Tue Apr 26 17:41:12 2022
    Wow, someone thought that was a lot worse deal than I did.

    "One day after Twitter announced it had accepted Musk's $44 billion
    takeover bid, Tesla shares sank 12.2%, wiping out more than $125 billion
    off the electric vehicle maker's market value."

    https://www.npr.org/2022/04/26/1094870412/tesla-shares-sink-twitter-elon-musk

    They could have a point. There are a lot of ways the social media
    mess could impact his other brands.

    TB

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From George.Anthony@21:1/5 to Technobarbarian on Tue Apr 26 21:26:23 2022
    On 4/26/2022 7:41 PM, Technobarbarian wrote:

         Wow, someone thought that was a lot worse deal than I did.

    "One day after Twitter announced it had accepted Musk's $44 billion
    takeover bid, Tesla shares sank 12.2%, wiping out more than $125 billion
    off the electric vehicle maker's market value."

    https://www.npr.org/2022/04/26/1094870412/tesla-shares-sink-twitter-elon-musk


         They could have a point. There are a lot of ways the social media mess could impact his other brands.

    TB
    That won't last long. All those elitist leftists tree huggers can't be
    seen in a Prius.

    --
    -
    Why do liberals fear free speech? Because they can't handle the truth.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From George Anthony@21:1/5 to Technobarbarian on Wed Apr 27 06:41:49 2022
    On Tuesday, April 26, 2022 at 5:41:17 PM UTC-7, Technobarbarian wrote:
    Wow, someone thought that was a lot worse deal than I did.

    "One day after Twitter announced it had accepted Musk's $44 billion
    takeover bid, Tesla shares sank 12.2%, wiping out more than $125 billion
    off the electric vehicle maker's market value."

    https://www.npr.org/2022/04/26/1094870412/tesla-shares-sink-twitter-elon-musk

    They could have a point. There are a lot of ways the social media
    mess could impact his other brands.

    TB

    I can see lots of free speech at the next shareholders meeting, wonder why it’s such a good deal 125 Billion for 44 Billion of overvalued stock

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Technobarbarian@21:1/5 to George.Anthony on Wed Apr 27 09:42:31 2022
    On 4/26/2022 7:26 PM, George.Anthony wrote:
    On 4/26/2022 7:41 PM, Technobarbarian wrote:

          Wow, someone thought that was a lot worse deal than I did.

    "One day after Twitter announced it had accepted Musk's $44 billion
    takeover bid, Tesla shares sank 12.2%, wiping out more than $125
    billion off the electric vehicle maker's market value."

    https://www.npr.org/2022/04/26/1094870412/tesla-shares-sink-twitter-elon-musk


          They could have a point. There are a lot of ways the social
    media mess could impact his other brands.

    TB
    That won't last long. All those elitist leftists tree huggers can't be
    seen in a Prius.


    When I worked in the land of smoke and mirrors I worked on a
    project for a major social media company that was perceived as having
    behaved in a manner that favored one political party over the other. I
    got to see people's reaction to this up close and personal. It wasn't
    pretty. That company is still doing well, BUT, the controversy put a significant dent in their bottom line. It looks like the stock holders
    are worried because Musk could easily do the same thing for Tesla. The
    way social media works it doesn't even have to be a fair and accurate perception.

    TB

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From George.Anthony@21:1/5 to Technobarbarian on Sat May 7 00:55:30 2022
    Technobarbarian <technobarbarian-ztopzpam@gmail.com> wrote:
    On 4/26/2022 7:26 PM, George.Anthony wrote:
    On 4/26/2022 7:41 PM, Technobarbarian wrote:

          Wow, someone thought that was a lot worse deal than I did.

    "One day after Twitter announced it had accepted Musk's $44 billion
    takeover bid, Tesla shares sank 12.2%, wiping out more than $125
    billion off the electric vehicle maker's market value."

    https://www.npr.org/2022/04/26/1094870412/tesla-shares-sink-twitter-elon-musk


          They could have a point. There are a lot of ways the social
    media mess could impact his other brands.

    TB
    That won't last long. All those elitist leftists tree huggers can't be
    seen in a Prius.


    When I worked in the land of smoke and mirrors I worked on a
    project for a major social media company that was perceived as having
    behaved in a manner that favored one political party over the other. I
    got to see people's reaction to this up close and personal. It wasn't
    pretty. That company is still doing well, BUT, the controversy put a significant dent in their bottom line. It looks like the stock holders
    are worried because Musk could easily do the same thing for Tesla. The
    way social media works it doesn't even have to be a fair and accurate perception.

    TB


    So that’s where you learned it.

    --

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)