Submitted by G1lg4m3sh t3_z2ais6 in wallstreetbets
G1lg4m3sh OP t1_ixfes5t wrote
I'm honestly wondering what the fuck Elon's thought process was buying this shithole in the first place
davescilken t1_ixffbhe wrote
IMO he was half joking and found himself in a horrible position between a bad decision and a crashing equity market, unable to back out, now trying to stay afloat and failing. Something needs to die. I hope it's only twitter.
Safelang t1_ixgcmct wrote
Wasn’t it one of his BS polls to buy Twtr or not, that he got committed to buying it! Says lot about decision making by twtr polls.
That-Whereas3367 t1_ixgiyah wrote
There was no thought process. Just a combination of Bipolar Disorder, drugs and sleep deprivation.
GandaKutta t1_ixix2kj wrote
> Bipolar Disorder, drugs and sleep deprivation.
where do i sign up?
iluvvivapuffs t1_ixfpins wrote
Becky Quick was in a meeting with him and said, she questioned his decision until she heard him elaborating his plans. She said he put a lot more thoughts into it than people give him credit for.
(Having said that, I do think he didn’t like the price tag and couldn’t back out of the deal)
carsonthecarsinogen t1_ixfi1nw wrote
He’s got hundred billion dollar coloured glasses
[deleted] t1_ixffjjm wrote
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euserc75 t1_ixfhz31 wrote
Tax loss harvesting for the sale of stock he had to make to tax payments earlier this as his shared became vested. Connect the dots …he’s got a whole tax / legal department working for him
[deleted] t1_ixfxd4z wrote
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Icy-Cat6810 t1_ixgrteq wrote
Lol yah we forget this part. Write offs or pay taxes
PromptAwkward t1_ixftyfj wrote
I wonder the same thing. He seems to have acted on a whim while talking with his friends. Got carried away with $40B. Doesn’t seem to be his finest hour
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