Musk and Twitter

[WLJ]

After typing that and thinking about it a bit more I suspect Lemon did this on purpose to torpedo the deal especially after reading Elon's relationship to Trump being brought up on the The View while this matter was being discussed like somehow there was some sort of connection. Much of the MSM has put extra effort into smearing Elon lately after reporting he could back Trump with his money.

[WLJ]

Enter the Babylon Bee

10 More Things Don Lemon Demanded From Elon Musk
https://babylonbee.com/news/10-more-things-don-lemon-demanded-from-elon-musk

2. A spaceship to keep in his backyard
A Starship launch from Lemon's backyard would be nice to watch. Where's Lemon's house go?

8. Mars
Marvin may have something to say about that.

[WLJ]

I guess he really has gone full extreme far right as far as the left is concerned

Elon Musk
@elonmusk
This is a battle to the death with the anti-civilizational woke mind virus.

My positions are centrist:
- Secure borders
- Safe & clean cities
- Don’t bankrupt America with spending
- Racism against any race is wrong
- No sterilization below age of consent

Is this right-wing?

https://twitter.com/elonmusk/status/1770806158497906916

And fascist too

Elon Musk
@elonmusk
·
12h
And, although it shouldn’t need to said, I believe in the Constitution and freedom of speech

[Boomhauer]

^^Literaly. Hitler.

[Northwoods]

We are living in an age of mass formation psychosis.

[WLJ]

But wait, there's more

    I voted 100% Dem until a few years ago.

    Now, I think we need a red wave or America is toast.
    — Elon Musk (@elonmusk) March 24, 2024

https://twitchy.com/samj/2024/03/25/elon-musk-far-right-post-n2394349

In the reponses

    X is basically run like a pyramid of rightwing propaganda where Elon’s pharaoh and his likeminded bros kiss his ass and share his worldview and he drives traffic to them and pays them through ad-share but only because “there’s a leftwing media conspiracy to control the narrative”
    — Luke Zaleski (@ZaleskiLuke) March 24, 2024

Yeah right

[WLJ]

[WLJ]

Elon posted this teaser

https://twitter.com/elonmusk/status/1784967180477722838

[AZRedhawk44]

Elon posted this teaser

https://twitter.com/elonmusk/status/1784967180477722838

A Youtube competitor would be GLORIOUS.

[Pb]

A Youtube competitor would be GLORIOUS.

Please yes...

[Northwoods]

A Youtube competitor would be GLORIOUS.

Rumble is trying

[Ben]

A Youtube competitor would be GLORIOUS.

If anyone can do it, Elon can, but I don't have high hopes. I really wanted to go to Rumble, but compared to Youtube, the place is an empty wasteland. You can find stuff like non-woke political content, but things like, "Where are the zerk fittings on my 2020 Polaris?" just aren't there.

I blame much of that on Youtube monetization. I remember pre-monetization, all kinds of people posted how-tos and similar videos just because they wanted to share information. Now with monetization, you're just not going to get a lot of those people moving from Youtube. Sure, the random guy who just enjoys talking about gun stuff and doesn't care about money might post on Rumble or wherever, but for people like say, Demolition Ranch or Garand Thumb or whoever, they don't want to give up the money generated by their millions of subscribers, and I can't blame them.

Of course those are examples of the kinds of content creators that you need to jump ship from youtube to get other people to follow suit, and thus bring viewers with them. But I have seen Warrior Poet Society, for example, had started to post like 10 minutes of a 30 minute video on Youtube as a "teaser", and if you wanted to see the rest, jump over to the WPS Network and sign up for their service and give up on the big tech. It must not have worked, because they're back to posting full videos on Youtube. The Googles is just the behemoth.

[MechAg94]

Youtube is just too easy.  The interface works well and functions well on just about any device.  Plus, for content creators, YouTube just has the audience and the potential new subscribers that other people do not.  I can see Twitter doing fairly well with it as they already have a lot of users.  Still not the same as

I watch some stuff on Rumble, but it is mostly people who post their content on both platforms.  There are some people like Steve Inman who were demonetized on YouTube and moved almost exclusively to Rumble and Twitter. 

I do question whether Youtube monetization is that great for most creators.  It is probably fine for the people getting millions of views or subscribers, but a lot of Guntubers are either demonetized or get suppressed.  I know a small channel had a hit video called something like "what do suppressors sound like".  After the views got past a million the view count hit a wall and just crashed to nothing.  He was pretty sure someone at Youtube didn't like that it was gun related and shut down the recommendations. 

[cordex]

Breaking into the space requires establishing both audience and content.  That's really, really hard to jump-start.

Viewers don't show up if there isn't content to watch, and creators won't post content if there isn't a reason to do so.  Even if creators post to multiple platforms, most of the audience will tend to stick to the big platform so they can find just about everything they are interested in there.

[Angel Eyes]

Jack Dorsey quits BlueSky, endorses X:

https://twitter.com/TheQuartering/status/1787490058691338445


(Wasn't "blue sky" the street name for Heisenberg's meth?)

[Perd Hapley]

Is she trying to give him hints?

https://twitchy.come/justmindy/2024/05/19/taylor-lorenz-is-not-having-an-affair-with-elon-n2396410

[Hawkmoon]

Is she trying to give him hints?

https://twitchy.come/justmindy/2024/05/19/taylor-lorenz-is-not-having-an-affair-with-elon-n2396410

She does, however, appear to have an on-going relationship withe the f-bomb.

[WLJ]

[WLJ]

Detecting glee over this on part of many in the MSM
Remains to be seen if he has any recourse to fight this but if it holds he will fall to 3rd on the rich list.

Now my question is what happens to that $55b if he doesn't get it?

Elon Musk's $55b pay package at Tesla is struck down by Delaware judge - putting his position as the world's richest man at risk - sparking a rage-fueled post at Biden's home state on X
https://www.dailymail.co.uk/news/article-13026733/Elon-Musks-55b-pay-package-Tesla-struck-Delaware-judge-putting-position-worlds-richest-man-risk-sparking-rage-fueled-post-Bidens-home-state-X.html

And we have an update

Shareholders voted to reinstate Musk's $56B and also voted to change the company's state of incorporation from Delaware to Texas. Screw you Delaware in other words.

The EV-maker held its annual shareholder meeting on Thursday in Austin, Texas, and announced that shareholders approved Musk's pay package, according to preliminary results announced by the company's general counsel at the meeting. Additionally, shareholders voted to reincorporate Tesla as a business domiciled in Texas instead of Delaware.

In late January, a Delaware judge voided the pay plan in response to an investor lawsuit. The judge held that Tesla's board of directors failed to adequately disclose potential conflicts of interest given some directors' close personal relationships with Musk, and also failed to inform shareholders that Tesla was on pace to achieve many of the pay plan's performance-based goals.

In the wake of the ruling, Musk called for shareholders to change Tesla's state of incorporation from Delaware to Texas, where its headquarters is located.

The Delaware judge's ruling still stands despite the shareholder vote, though the show of support for the compensation plan may factor into a potential appeal and any future litigation on the subject.

So I guess he's not getting the $56B just yet?

Tesla shareholders vote to reinstate Musk's $56B pay package
https://www.foxbusiness.com/markets/tesla-shareholders-vote-reinstate-musks-56b-pay-package-relocate-texas

[Ben]

I don't keep up with the business incorporation stuff. I assume Delaware is (or was) corporation friendly to the point that many interstate corporations chose them as their state of record?

Seems like in their lust to get Trump Elon, they probably shot themselves in the foot. I would guess a lot of other current Delaware corporations will look at moving elsewhere, and new corporations will look elsewhere as well. In the vein of, "If they can do it to him, they can do it to me".

[WLJ]

I wonder how much in taxes Delaware was getting out of Tesla that will now be going to be saying bye bye thanks to a judge who probably thought he was sticking it to Elon?
I bet it's a pretty sizable chunk of change

[K Frame]

"I assume Delaware is (or was) corporation friendly to the point that many interstate corporations chose them as their state of record?"

Yes.

https://www.forbes.com/advisor/business/incorporating-in-delaware/

[WLJ]

 

Elon Musk
@elonmusk
Sending this cake to Delaware as a parting gift 😘

https://x.com/elonmusk/status/1801486025178464454

Stock Talk
@stocktalkweekly
"The voice of the people is the voice of God."

Put differently:

"Shareholders own companies, not judges."

[WLJ]

Wow

Warren Redlich - Chasing Dreams
@WR4NYGov
The attorneys suing Elon and Tesla claim to be acting "on behalf of ... stockholders of TESLA"

The stockholders of Tesla have spoken - twice - that they support the compensation package

They are not acting on behalf of the stockholders

The lawyers are acting solely for their own benefit, to collect billions in fees that will be taken from the stockholders

They also imposed hundreds of millions in litigation costs on Tesla, to shareholders' detriment

Class action lawsuits are a perversion of the American justice system

I can't think of a clearer example than this case

Tesla and Elon will be fine. It might take a year or two but Tesla will redo the vote again in Texas if necessary. Elon will get his comp package. The company will grow and prosper.

Delaware lawyers, accountants and related businesses, and state government revenue will all suffer massively as corporations flee a state that has demonstrated it does not support founders, corporations, boards, executives or shareholders

Being the corporate home of so many companies was a huge part of the Delaware economy

The system is about to collapse

https://x.com/WR4NYGov/status/1804422325854708084

[WLJ]