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He's either a genius or a complete moron, because I can't work out what the heck he thinks he is doing ...
That's a stupid amount of money to spend just to effectively burn it note by note. So either he has a grand plan that is so complex nobody but him understands it, or it's so dumb that he may as well be burning $100 bills to heat his home.
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
"Common sense is so rare these days, it should be classified as a super power" - Random T-shirt
AntiTwitter: @DalekDave is now a follower!
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I'm not a big believer in 4D chess. If someone looks like they're stepping in it, it's because they're stepping in it, in my experience.
To err is human. Fortune favors the monsters.
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Mostly, that's true.
But the actions of someone with a big enough intelligence would be incomprehensible to me; I just wouldn't have the mental capacity to understand it - like my cat cannot understand how to open a foil pouch full of cat food ... 
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
"Common sense is so rare these days, it should be classified as a super power" - Random T-shirt
AntiTwitter: @DalekDave is now a follower!
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OriginalGriff wrote: like my cat cannot understand how to open a foil pouch full of cat food
Mine can, he tears open the pouch in the middle.
If we don't keep them locked away he will feed himself in the middle of the night.
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I haven't seen Elon do anything that would make me think his intelligence is particularly exceptional except choose the right parents to be born to. I'm not saying he's not smart. But I also never saw Einstein steal other people's inventions or burn $44 million billion dollars to make a political point (or whatever it is he thinks he is doing). Just sayin'
To err is human. Fortune favors the monsters.
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OriginalGriff wrote: like my cat cannot understand how to open a foil pouch full of cat food ...
Oh he understands, he gives his servants a certain look, and a pouch gets opened, simples.
"the debugger doesn't tell me anything because this code compiles just fine" - random QA comment
"Facebook is where you tell lies to your friends. Twitter is where you tell the truth to strangers." - chriselst
"I don't drink any more... then again, I don't drink any less." - Mike Mullikins uncle
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OriginalGriff wrote: with a big enough intelligence would be incomprehensible to me
The fallacy in that statement is in thinking that being smart translates to every possible human activity.
Whether Musk is intelligent or just lucky is debatable. He certainly has had failures.
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I do enjoy watching the 4D contortions people put themselves through in order to believe Musk is playing 4D chess!
Except their gullibility is so sad to watch that my feelings are somewhat tempered.
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My understanding of the facts that were presented to us by the media was that he did not want to pay that much for the company but was forced to, in the end, by a court of law, as it was the initial agreed upon amount....contracts and stuff, I guess.
It is my personal feeling that if he can't make a go at it with Twitter, he will sink the ship, and that has been the plan all the time - Remove Twitter from the Liberal power at all costs.
Elon is a very smart man. I'm sure he will figure things out.
I just like sitting back and watching grown adults crap their pants every day over him and Twitter.
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For a man whose plan is going as smoothly as you say he sure doesn't seem happy about it.
To err is human. Fortune favors the monsters.
modified 11-Nov-22 6:36am.
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If you paid billions of dollars over fair market value, would you be happy? Of course he is not happy.
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Sounds like he's a victim of his own bad business dealings.
I've never been roped into buying a big ticket item I didn't want.
Read the fine print, Elon.
To err is human. Fortune favors the monsters.
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I suspect, he will end up sinking the ship. He has no experience running a social media company. In any event, he wins the end game with Twitter, and all the while heads are exploding around the world over it.
Makes for most excellent entertainment.
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That we agree on. When twitter loses, we all win.
To err is human. Fortune favors the monsters.
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Would depend on whether there's any collateral damage.
I'm seeing the value of Tesla going down, as people start to realize what a whacko he is.
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The major auto manufacturers are poised to overtake Tesla anyway. They were first to market, but that's all they've had going for them, and I think as much of the beating Tesla is taking can be attributed to companies like Volkswagen finally catching up.
That said, certainly Elon trash trolling all his potential Tesla customers via Twitter didn't help. American conservatives aren't going to buy Teslas. Bad PR all around.
To err is human. Fortune favors the monsters.
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I think we did the electric car thing ass backwards. We should have built the infrastructure first to support mass e-car production and use. Instead, we put the cart in front of the horse.
Now is the time to fix that. Can't sell millions of eCars with no way to charge them.
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Typical chicken and egg problem. No one would have paid to build the infrastructure for a handful of e-cars. Now that there are some e-cars they will start upgrading the infrastructure. That will allow more e-cars and so on.
BTW the same thing happened with petrol cars: they didn't start by building the gas stations and highways waiting for the cars to show up 
Mircea
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I don't know if it's really that backward, given we have to generate demand for something in order to bring it permanently to market.
Battery tech was awful.
Electric cars were demanded, creating a demand for better battery tech.
Market forces produced better battery tech, making for better cars
Now people want more of them, cheaper, and more conveniently.
Market forces will again, pressure the relevant industries to produce.
That includes infrastructure.
Capitalism, being unplanned, (and despite what the Chicago school crooks like to tell people - I'm an Adam Smith traditionalist) creates conditions such that demand (or rather, human desire) drives change.
As such it tends to grow things rather than engineer them. It's more organic than say communism. But part of that is the things tend to grow from the "inside out"
We human beings all start as a**holes, for example, though some of us never develop past that.
If you want a system where we don't put the cart before the horse, you might be looking for a more planned economy, but that creates its own share of problems.
To err is human. Fortune favors the monsters.
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His cave rescue actions push me far away from the genius conclusion. But they do make me think he is a twit, so this current situation is fitting.
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The name Norwegian blue just got a new meaning 
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Filing for bankruptcy effectively means offloading a portion of the debt to the banks. It's simply a financial manoeuvre.
Think about this: what is Elon's primary marketing instrument?
cheers
Chris Maunder
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If Twitter wasn't underwater with its debt obligations bankruptcy wouldn't be in the cards.
You're right that it's a financial maneuver, but I'd argue that it's a specific kind of maneuver taken on by companies that are either
1. Underwater in terms of debt or cash flow
2. Trying to hide assets or dodge legal accountability
3. Trying to hide a restructure behind it (related to 2)
There may be other reasons, but those are the big ones I've seen.
I just don't think there's a rabbit in Elon's hat, Chris. Nothing he's done regarding Twitter up to this point has put that company in a better position.
To err is human. Fortune favors the monsters.
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He said the same thing about SpaceX late last year.
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