Elon made deals w/ hedge funds to funnel him money as they shorted the stock (not to mention 100x leverage derivatives against Twitter).
Since canceling his PR team, Elon’s entire MO has been to run it into the ground in a manner that seems plausible to the SEC so he doesn’t get out-right sued.
He just isn’t this stupid, whether you want him to be or not.
“Fuck you” to his advertisers seems like a fairly on-brand way to telegraph his true intentions.
There are no twitter stocks, you can’t buy or sell them, and therefore can’t short them, since you need to borrow them to do just that. This could work if Elon had some percent of the company, so other people’s money would enter the equation, but right now it is not possible.
Elon made deals w/ hedge funds to funnel him money as they shorted the stock (not to mention 100x leverage derivatives against Twitter).
Since canceling his PR team, Elon’s entire MO has been to run it into the ground in a manner that seems plausible to the SEC so he doesn’t get out-right sued.
He just isn’t this stupid, whether you want him to be or not.
“Fuck you” to his advertisers seems like a fairly on-brand way to telegraph his true intentions.
There are no twitter stocks, you can’t buy or sell them, and therefore can’t short them, since you need to borrow them to do just that. This could work if Elon had some percent of the company, so other people’s money would enter the equation, but right now it is not possible.
TSLA is his Twitter collateral. Really surprised nobody else sees what I see lol…
He’s the primary owner of the private shares. The shares are not publicly traded. None of what you said makes any sense.
TSLA is his Twitter collateral. Really surprised nobody else sees what I see lol…
I’m a little confused by this comment, Twitter isn’t a publicly traded stock anymore?
Unless you mean he made deals with them before he BOUGHT twitter (for well beyond market value), meaning the hedgies would be taking a loss…?
Your edit has been my pet theory for some time. That and he gets to ruin a platform that leftists have used to organize around the world.
That just tells me that he doesnt understand how leftists work. We change platforms on the reg.
Making deals with hedge funds to ruin a brand they have shorted seems illegal.
Is there any legislation that prohibits this in the United States?