wtf tesla... wtf elon
FULL TRANSCRIPT
well some of the worst nightmares may be
coming true Elon Musk has sold three and
a half billion dollars of shares just at
the same time as potentially Twitter's
advertising revenue is down as much as
90 percent we're gonna go through some
reports in a moment but boy this doesn't
look good for Twitter and I hate to say
but what doesn't look good for Twitter
does not look good for Tesla at least
though when you look for a used car on
Tesla's website you can have faith in
knowing that there are almost no used
cars available for sale within 200 miles
of Los Angeles don't worry very few
model wise model threes don't worry
nothing to see here at all there aren't
26 rows of model threes apparently ready
for immediately immediate delivery
within 200 miles of well approximately
Los Angeles uh and don't worry when you
change the zip code to like Miami or
something like that it it doesn't oh
wait that that was Miami oh darn okay
well don't worry when you go back to
California uh well let's just say um
uh yeah gosh hardly any availability of
vehicles anyway so where were we oh yeah
that's right more pain for uh Tesla I
mean Twitter so the Wall Street Journal
released this piece here and they uh
they talk a little bit of background
about how people you know still use
Twitter because basically it's a
cesspool and uh eventually maybe
advertisers come back because you know
you can't quit the horror show is what
they say here and there was some drama
about Apple leaving and then maybe
coming back and there's some rumor about
maybe Amazon pausing some campaigns but
then you know still kind of being there
well um The Wall Street Journal is now
reporting the following that not only is
Twitter offering its ads at 50 off half
price this month only this month only
folks don't worry company's not going
bankrupt we are just offering ads half
off because we love you matching up to
one million dollars for advertisers who
book at least five hundred thousand
dollars in incremental spend in other
words hey spend 500 Grand we will match
you a dollar for dollar
at the same time as Facebook is seeing
ad rates go down 18
apparently the New York Times is
alleging that Twitter's roster of
advertisers has fallen 42 which matches
approximately what NPR reported about a
50 about a 50 decline in advertisers at
Twitter but no don't worry about
advertisers leaving Twitter at least
according to similar webs data points
the sub-domain of activity for Twitter's
ad platform site this would probably I'm
guessing Okay be something like
ads.twitter.com right and then that way
because it has a subdomain we can track
uh how many visits that website is
getting well don't worry everything is
just fine this right here in the little
blue lines on the left here indicates uh
all of the search volume allegedly
according to similar webs data and the
Wall Street Journal report here for
Twitter and as you can see there are
still some searches for advertising on
Twitter you can see here that we are
nicely above zero although we might be
down 74 percent in searches October to
October
and we might be down
85
November to November
and in the first few days of December we
might be even lower than that
in fact the traffic volume for search
Trends on Twitter might be so low
that the firm's similar web is not even
recommending the tracking software as
being at a threshold necessary to
actually track
trends at Twitter yeah this is um
this is not good this is this is not
good for Tesla I mean for Twitter yeah
okay so that's not good what could
potentially indicate uh other potential
issues that uh you know Elon Musk is
having when it comes to money at Twitter
well don't mind the auction that we
reported a few days ago where they're
selling brazing pans and espresso makers
at auction and computer desks and
computers after all they fired a bunch
of people right so hey why not try to
recoup a little bit money and don't mind
the bills that aren't being paid like uh
rent uh we could talk about that a
different time because right now we have
to acknowledge that oh that's right Elon
Musk is seeking new investors for
Twitter at 5420 a share the same price
he paid when he took the company private
for 44 billion dollars in October and
kicked off a contentious overhaul the
managing director of the billionaires
family office has been reaching out to
potential backers this week uh Ross
Gerber who runs GK and took part in the
early Twitter buyout confirmed the
Outreach in other words yeah they're
looking for people to invest in Twitter
the fundraising attempt follows a
tumultuous stretch into it why would you
invest in Twitter right now like
Twitter's probably at this point where
the advertising revenues are a five
dollar stock
and if Elon Musk hopes to you know
double Twitter or quadruple Twitter what
does it then become a twenty dollars I
you need advertisers and all I know is
Mike Lindell from my pillow has been
unbanned and maybe
just maybe there's hope that he's been
unbanned so that Elon could convince him
to be an Advertiser
I don't know
but right now it seems like we're we're
heading into that direction
um which is uh yeah anyway okay so
anyway the fundraising attempt follows a
tumultuous stretch at Twitter where musk
has slashed jobs upended long-standing
policies reinstated band accounts oh
yeah we just talked about that uh just
this week the company suspended several
journalists that musk had said put his
family in danger by revealing the
location of his private plane do keep in
mind that if you're going to change a
policy that you say you're not going to
change it'd be nice to give people a
heads up and when the Elon jet account
was banned because the policy was
changed the poor guy didn't even get a
chance
to stop sharing elon's jet location like
I think we all agree live tracking of
somebody else's personal location is
probably not a good idea I think I think
a lot of us can agree with that right
but if you're gonna change the rules at
least give someone like a warning or
like a heads up and so apparently
reporters
uh retweeted the posts of Elon Jet and
because they did they're like oh my gosh
look Elon jet was banned here's a post
from Elon saying he's not going to get
banned here's the account that was
banned it also potentially then included
a link to the tracking software that was
tracking Elon Musk Jet and then Twitter
and the Elon team went out and banned
everyone related to that
that posted this including New York
Times and Washington Post reporters
which is quite odd but another thing
that is quite odd is
when when you go to people's profiles on
Twitter and they're like hey follow me
on Mastodon or whatever the other
website is Twitter now puts like uh a a
safety label over that so basically any
links of people going from Twitter to
master I'm gonna get this website may
not be safe link I don't know but
apparently because they're not paying
rent on their Twitter office apparently
the bond holders that are tied to the
headquarters building are seeing their
bond values drop to about 85 cents on
the dollar from around 99 Cents before
the story broke that they were not
paying their rent so uh anyway
I guess if you're involved in Twitter or
Tesla good luck to you
I don't think next quarter is going to
be very kind
good luck and Godspeed
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