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Friday, April 29, 2022

Elon Musk Has Very Bad News for Muskmania

Fans of the millionaire believe he can fix anything.

Elon Musk needs no introduction. Since the beginning of the year, the CEO of Tesla (TSLA) has been kind and hospitable to Get Tesla Inc Report holding news headlines. There is only him.



He wants the attention of all debates about renaming. He even managed to commit himself to negotiations regarding the Russian invasion of Ukraine.


When car manufacturers' leaders praised the change in power supply, they attacked Tesla again, promising to steal the industry's leadership from the Texas team.


Local domination and final limits of fast, secure and independent online communication are measured with the yardXick of SpaceX and Starlink, two other billions of success stories.


In addition, the tech tycoon recently claimed to be building a humanoid robot where we can load our personalities and brains.


The New Hero

Musk has clashed with President Joe Biden, forcing the latter to recognize and applaud Tesla's role in transforming less polluted cars.


And to end the first four-month riot for everyone who can be called Musk, the richest man in the world is in the middle of a new proverb - his director and lead actor.


It started on April 4th.


That day Musk announced he had become one of  Twitter's (TWTR) -  the largest shareholders with a share of 9.2%.


This huge investment is explained by the fact that he is not happy with the way the social network is using the principles of free speech.


Musk therefore wants a kind of Copernican version of the platform.


For example, he criticizes the economic model based on advertising adopted by a company founded by Jack Dorsey.


The next day, Twitter executives and Musk announced an agreement, in which Musk admitted he had not received more than 14.9% of Twitter by 2024 to secure a board, from April 9.


But at 11 a.m., Musk rescinded the deal and on April 14 launched a vicious Twitter bid for $ 54.20 a share.


It is noteworthy that he used the number 420, which refers to April 20 and is a popular phrase for marijuana users as an international day of indulgence.


Musk is one of the few CEOs to smoke marijuana in public: In 2018 he appeared in a controversial Joe Rogan podcast and smoked a spliff while interviewing him.


As questions arise about funding for the project, the serial businessman has announced he has received $ 46.5 billion, including a loan from a banking association and a loan tied to his 173 million Tesla shares.


Twitter Saga

The Twitter board, which was stuffed with a poison pill which made it difficult to find a company, found itself backed away from the wall.


On April 25, Twitter executives finally agreed to announce their acceptance of Musk's $ 44 billion gift. Meanwhile, the billionaire has embarked on a campaign of pressure and humiliation on social media.


At the same time, his reputation continued to grow.


It now has almost 88 million followers, up 12 million compared to the beginning of March.


The Twitter acquisition, which will not be finalized before the end of October initially, is a significant victory for Musk because it is the result of Homeric's war.


It ended up establishing his reputation and integrating his status as a new superman with his fans.


So it’s no surprise that their requests asking him to solve a lot of problems or get some iconic companies filling his Twitter account.


'I Can't Do Miracles'

And the billionaire himself exacerbated the flood of complaints by writing that he would buy Coca-Cola from now on.


"Next I bought Coca-Cola to get back the cocaine," he wrote jokingly on April 27th.


Realizing what expectations were raised, Musk, however, wanted to end all these requests.


He posted a vague message, which seemed to remind his fans that there were limits to him as well.


"Listen, I can't do miracles," said the billionaire, whose fortune is estimated at $ 253 billion since April 27, according to the Bloomberg Billionaires Index, writes.



Whether millions of his followers and worshipers received the message remains to be seen.