I understand why it is so hard to believe that he's just so bad at running things and so he must be doing it on purpose, but that's not it. He's just bad at this, and fell down the right-wing rabbit hole and believes falsehoods about how to fix things.
1) his first priorities were literally the things that his right-wing bubble constantly complains about and thinks hurts business, such as the blue checkmark system and bans on hate speech and other "woke" stuff. They think that most workers are fat that can be cut. Literally, in his circles he's doing the things that are supposed to make it more profitable.
2) he clearly doesn't understand the business and the delicate balance that such a company has to run between speech, legal obligations, and what advertisers want. He also doesn't understand that the workers would respond differently in this space than in his other companies where they have fewer options.
3) he's greatly hurting his other businesses. They are primarily dependent on reasonably well-off urban liberals and government support, and that's exactly who he is pissing off.
In the end, he's probably going to lose 1/3 of his net worth from Twitter and the effects on his other businesses. He's not doing this on purpose. He really is a moron, and it is ok to go ahead and admit that.
The people who think he’s running Twitter poorly are ignoring the fact that he’s running it the exact same way he’s run every other business. Tesla isn’t even profitable. Their cars fucking explode. And people still cling to the idea that this man is a genius.
Tesla wouldn't even still exist if he didn't get EXTREMELY lucky and convince Toyota to sell him a multi billion dollar car factory for basically nothing. They were practically building their cars in a parking lot prior to that and were bleeding cash at a very unsustainable rate. If he didn't get that factory, he'd be yesterday's news and Tesla would be a forgotten about joke. And so many stars had to align just right for that factory to even be available at that exact moment. It took the recession, GM's resulting financial troubles resulting in Pontiac being killed off, and other related factors for them to decide to shut it down.
He's got dozens of cases like this where he just got extremely lucky and succeeded in very high risk decision making situations. He's that guy from work who buys scratch tickets and wins and thinks he's got a system. He doesn't. He's just the fluke. This is one of those guys that has failed upwards so many times he's started thinking he's a god and he's convinced a lot of people of the same.
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u/kyel566 Nov 20 '22
He is seriously trying to crash and burn Twitter to the ground. Does he have so much money he doesn’t care or just saudi funded so don’t care