Yep, why should anyone listened to him?Squatchman » 03 May 2023, 4:36 am » wrote: ↑ Elon Musk!
Hahahahahahahahahahahahahahahahahahahahaha!
44 billion for a company that's worth 20 billion.
Yeah. He's a real critical thinker.
Psssst. squatchcocklbreath.Squatchman » 03 May 2023, 4:36 am » wrote: ↑ Elon Musk!
Hahahahahahahahahahahahahahahahahahahahaha!
44 billion for a company that's worth 20 billion.
Yeah. He's a real critical thinker.
Even if we assume all the above is correct...and given your history of making **** up, I don't...the portion I highlighted in red shows your complete ignorance related to anything business.Xavier_Onassis » 03 May 2023, 11:05 am » wrote: ↑ It's NOT what a company is "worth" that matters. It's the REVENUE IT GENERATES.
BINGO!
How much revenue was Twitter generating prior to Musk buying it? ZERO, NADA, NONE.
Okay, so how much is it generating now that Musk owns it? LESS THAN BEFORE. It has always lost money, and after Musk pays $44 billion., it is still very, very far from making a profit.
Do I care? No, I do not. It is like my opinion of matching bridesmaid dresses. I do not care.
My daughter has never been called upon to pay for a bridesmaid dress, and for that I am grateful.
Squatchman » 03 May 2023, 4:36 am » wrote: ↑ Elon Musk!
Hahahahahahahahahahahahahahahahahahahahaha!
44 billion for a company that's worth 20 billion.
Yeah. He's a real critical thinker.
losing a pssible 24B won't really hurt him. He's still filthy rich. He did the US and the World a favor.Squatchman » 03 May 2023, 4:36 am » wrote: ↑ Elon Musk!
Hahahahahahahahahahahahahahahahahahahahaha!
44 billion for a company that's worth 20 billion.
Yeah. He's a real critical thinker.
Laugh, but it's paid for...Squatchman » 03 May 2023, 4:36 am » wrote: ↑ Elon Musk!
Hahahahahahahahahahahahahahahahahahahahaha!
44 billion for a company that's worth 20 billion.
Yeah. He's a real critical thinker.
If he loses money he can write it off. So you will be helping him out.Xavier_Onassis » 03 May 2023, 6:40 pm » wrote: ↑ Revenue and profit ARE NOT THE SAME THING. A company can be generating hundreds of millions of dollars in revenue every month and still not turn a profit.
You really should avoid posting anything related to the operations of a business until you get at least a basic understanding of business.
Yeah, all the really wise businessmen invest money in companies that take in so little revenue they do not show a profit.
So you think that Musk made a wise decision to plunk down $44 B I L L I O N on something that is not even breaking even?
I don't.
If a fund, ETF or stock does not make money, I will not be investing in it. You can do whatever you want.
But I do not actually CARE what Musk does. I do not tweet, nor do I plan to tweet. If I ever buy a Tesla, it will be a used Tesla.