Musk’s repeated outbursts against advertisers have dried up the main source of revenue for the loss-making company formerly known as Twitter. A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped. At some point, he will have to provide a fresh infusion of cash to salvage his $44 billion takeover.

  • @Nurgus
    link
    20
    edit-2
    24 days ago

    Who would buy it now, though? It can’t have much value left. (Edit: Twitter. Not talking about Tesla, that’s a whole different arc.)

    • @[email protected]
      link
      fedilink
      8
      edit-2
      25 days ago

      Judging by the used car online sites, it has about as much value left as any other car with similar age and kilometers. If I had to buy a car right now, I’d probably take a hard look at the alternatives. But they’d have to actually be better, I usually make car purchase decisions based on the qualities of the car.

      Although Musk is certainly trying to make such principles difficult.

      Good thing my car is new enough that I don’t have to make this choice for several years. Perhaps the competition will have caught up by the time I need to get a new one.

      • @[email protected]
        link
        fedilink
        1925 days ago

        Competition has exceeded tesla. I recently got BYD Seal, and it is better than the equivalent priced tesla

        • @[email protected]
          link
          fedilink
          11
          edit-2
          25 days ago

          I’m glad it worked for you. Things will have to change a bit globally that I would consider a BYD.

          Oh right, perhaps already I don’t make purchase decisions purely based on the qualities of the car :)

          • @[email protected]
            link
            fedilink
            724 days ago

            I figures it was a simple calculus, especially since BYD is the OEM that supplies parts for many of the other brands, especially the batteries.

            I’d rather benefit from that status than support a egotist like Musk. Besides anywhere outside America the Teslas are made in China, just like the BYDs 😆

            • @AA5B
              link
              -224 days ago

              I’d rather benefit from that status than support a egotist like Musk

              Have you looked at what your money would support, buying from BYD? If part of your decision is who profits, both choices are horrible and you could argue Musk I less horrible. This is one of the reasons I try to keep that out of my decisions.

        • @toasteecup
          link
          English
          224 days ago

          I’m in the very very early stages of ecar research. Mind helping me and share what features or data make the BYD Seal better than a Tesla?

      • Todd Bonzalez
        link
        fedilink
        424 days ago

        The price of used Teslas has nothing to do with the value of Tesla stock.

        Intel’s stock dropped from $50 to $20 over the last year, but their processors still cost the same.

    • @[email protected]
      link
      fedilink
      724 days ago

      It’s still a car company with factories in multiple countries and pretty much the best battery tech and the best charging network. If they get bought by an established car company, they keep building the model 3 and Y cars while fixing the production issues there’s still a lot of value there. You just need someone in charge that doesn’t spend their days shit posting.

      • @Nurgus
        link
        024 days ago

        I … uh… was talking about Twitter…

        • @[email protected]
          link
          fedilink
          1
          edit-2
          24 days ago

          Oh yeah, Twitter probably has a negative value with all the debt Musk loaded onto it to buy the company (it’s crazy that that’s legal).