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- JS0383JS0383
  ·10-11
  Democrats supporters are beating down the Tesla price!
  Why Tesla Stock Fell 8% on Friday
  Tesla has some great ideas but earns too little profit to be a buy.
  Why Tesla Stock Fell 8% on Friday
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- JS0383JS0383
  ·2022-10-05
  The article sounds like a bad thing that Musk takes over Twitter. Just tell Musk Twitter does not want anything to do with him except- his money.
  Twitter Stood up to Elon Musk and Won, but Will It Feel Like a Win Once He Owns It?
  Tesla chief executive is likely to own Twitter in as little as a week, but employees and users of th
  Twitter Stood up to Elon Musk and Won, but Will It Feel Like a Win Once He Owns It?
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- JS0383JS0383
  ·2022-08-06
  Twitter should allow Musk hiring a third party to restore the data from the day of the acquisition to count the fake/dead accounts.It must more than what Twitter claimed.
  Twitter (TWTR) Rejects Musk's Fraud Accusations
  Tesla (NASDAQ: TSLA) CEO Elon Musk condemned Twitter (NYSE: TWTR) for fraud, arguing the social medi
  Twitter (TWTR) Rejects Musk's Fraud Accusations
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supporters are beating down the Tesla price!","listText":"Democrats supporters are beating down the Tesla price!","text":"Democrats supporters are beating down the Tesla price!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359021740433592","repostId":"2474137210","repostType":2,"repost":{"id":"2474137210","kind":"highlight","pubTimestamp":1728659100,"share":"https://ttm.financial/m/news/2474137210?lang=&edition=fundamental","pubTime":"2024-10-11 23:05","market":"fut","language":"en","title":"Why Tesla Stock Fell 8% on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2474137210","media":"Motley Fool","summary":"Tesla has some great ideas but earns too little profit to be a buy.","content":"<html><body><ul>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>Tesla unveiled three new products last night: a Cybercab, a Robovan, and a Tesla Bot.</div>\n</li>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>The earliest product to come to market is probably the Cybercab, arriving no sooner than 2026 and no cheaper than $30,000.</div>\n</li>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>In the meantime, Tesla stock is a 15% grower with a 67 P/E ratio.</div>\n</li>\n</ul><div><p><strong>Tesla </strong><span>(TSLA<span> -7.45%</span>)</span> tumbled in early trading Friday, down 8.2% through 10:05 a.m. ET as investors gave two thumbs down to the company's \"We, Robot\" presentation in Hollywood last night.</p><p>In no particular order, Tesla unveiled a bartending Tesla Bot...</p><div><img loading=\"lazy\" src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F793809%2Ftesla-bot-promo.png&amp;op=resize&amp;w=700\" srcset=\"https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-bot-promo.png&amp;w=300&amp;op=resize 300w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-bot-promo.png&amp;w=1000&amp;op=resize 1000w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-bot-promo.png&amp;w=2000&amp;op=resize 2000w\"/><p>Image source: Tesla.</p></div><p>an autonomous Robovan that can carry 20 passengers...</p><div><img loading=\"lazy\" src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F793809%2Ftesla-robovan.png&amp;op=resize&amp;w=700\" srcset=\"https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-robovan.png&amp;w=300&amp;op=resize 300w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-robovan.png&amp;w=1000&amp;op=resize 1000w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-robovan.png&amp;w=2000&amp;op=resize 2000w\"/><p>Image source: Tesla.</p></div><p>and a 2-door Cybercab (that on the company's website is still confusingly called \"Robotaxi\").</p><div><img loading=\"lazy\" src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F793809%2Ftesla-cybercab-promo.png&amp;op=resize&amp;w=700\" srcset=\"https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-cybercab-promo.png&amp;w=300&amp;op=resize 300w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-cybercab-promo.png&amp;w=1000&amp;op=resize 1000w, https://g.foolcdn.com/image/?url=https%3A//g.foolcdn.com/editorial/images/793809/tesla-cybercab-promo.png&amp;w=2000&amp;op=resize 2000w\"/><p>Image source: Tesla.</p></div><h2>Musk's magical number: $30,000</h2><p>In an event high on glitz but low on detail, Tesla CEO Elon Musk posited a $30,000 sticker price for his new fully autonomous Cybercab and a $20,000 to $30,000 price for the Tesla Bot. No price was suggested for the larger Robovan, which was also described as autonomous. As for when the products will be available for people to actually buy, Musk said only that he hopes to have the Cybercab out by 2026.</p><div><div><div></div></div></div><div><app :collapse_on_load=\"false\" :instrument_id=\"224257\" :show_benchmark_compare=\"false\" amount_change=\"-17.79\" average_volume=\"87,550,873\" company_name=\"Tesla\" current_price=\"220.98\" daily_high=\"223.34\" daily_low=\"214.38\" default_period=\"YTD\" dividend_yield=\"N/A\" exchange=\"NASDAQ\" fifty_two_week_high=\"271.00\" fifty_two_week_low=\"138.80\" gross_margin=\"17.72\" logo=\"https://g.foolcdn.com/art/companylogos/mark/TSLA.png\" market_cap=\"$763B\" pe_ratio=\"67.06\" percent_change=\"-7.45\" symbol=\"TSLA\" volume=\"75,414,791\"></app></div><p>Here's the problem: The Tesla Bots shown at the presentation, while no longer robot suits filled by humans (as they were the last time we saw them), still looked like they were remote-operated by humans last night. They didn't appear autonomous.</p><p>And as for the $30,000 sticker price on the Cybercab, well, it's been more than five years since Musk promised us an electric car that cost even less than that -- $25,000 -- and we still haven't seen that. Meanwhile, over in China, Tesla rival BYD now sells more electric cars than Tesla. And BYD's new Seagull EV costs less than $10,000.</p><p>Even with a 100% tariff, that makes BYD's cars cheaper than the cheapest Tesla on offer.</p><h2>Is Tesla stock a buy?</h2><p>I have to admit, this all sounds rather discouraging for a Tesla fan. While Musk's promises sound good, they also sound like they're some time off in the future. Meanwhile, Tesla stock is selling for 67 times earnings and 448 times its much depleted free cash flow. Oh, and analysts polled by S&amp;P Global Market Intelligence forecast profits will only grow 15% per year through the next five years.</p><div><div><div></div></div></div><p>I fear that makes Tesla stock too expensive to buy.</p><div></div></div></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Fell 8% on Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tesla Stock Fell 8% on Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-11 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/10/11/why-tesla-stock-fell-8-on-friday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla unveiled three new products last night: a Cybercab, a Robovan, and a Tesla Bot.\n\n\n\n\n\n\n\nThe earliest product to come to market is probably the Cybercab, arriving no sooner than 2026 and no ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/10/11/why-tesla-stock-fell-8-on-friday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F793809%2Ftesla-cybercab-promo.png&op=resize&w=165&h=104","relate_stocks":{"LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4592":"伊斯兰概念","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0823411888.USD":"法巴消费创新基金 Cap","BK4534":"瑞士信贷持仓","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","TSLA":"特斯拉","BK4550":"红杉资本持仓","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","BK4588":"碎股","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4551":"寇图资本持仓","BK4574":"无人驾驶","SG9999015978.USD":"利安颠覆性创新基金A","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4581":"高盛持仓","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A"},"source_url":"https://www.fool.com/investing/2024/10/11/why-tesla-stock-fell-8-on-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2474137210","content_text":"Tesla unveiled three new products last night: a Cybercab, a Robovan, and a Tesla Bot.\n\n\n\n\n\n\n\nThe earliest product to come to market is probably the Cybercab, arriving no sooner than 2026 and no cheaper than $30,000.\n\n\n\n\n\n\n\nIn the meantime, Tesla stock is a 15% grower with a 67 P/E ratio.\n\nTesla (TSLA -7.45%) tumbled in early trading Friday, down 8.2% through 10:05 a.m. ET as investors gave two thumbs down to the company's \"We, Robot\" presentation in Hollywood last night.In no particular order, Tesla unveiled a bartending Tesla Bot...Image source: Tesla.an autonomous Robovan that can carry 20 passengers...Image source: Tesla.and a 2-door Cybercab (that on the company's website is still confusingly called \"Robotaxi\").Image source: Tesla.Musk's magical number: $30,000In an event high on glitz but low on detail, Tesla CEO Elon Musk posited a $30,000 sticker price for his new fully autonomous Cybercab and a $20,000 to $30,000 price for the Tesla Bot. No price was suggested for the larger Robovan, which was also described as autonomous. As for when the products will be available for people to actually buy, Musk said only that he hopes to have the Cybercab out by 2026.Here's the problem: The Tesla Bots shown at the presentation, while no longer robot suits filled by humans (as they were the last time we saw them), still looked like they were remote-operated by humans last night. They didn't appear autonomous.And as for the $30,000 sticker price on the Cybercab, well, it's been more than five years since Musk promised us an electric car that cost even less than that -- $25,000 -- and we still haven't seen that. Meanwhile, over in China, Tesla rival BYD now sells more electric cars than Tesla. And BYD's new Seagull EV costs less than $10,000.Even with a 100% tariff, that makes BYD's cars cheaper than the cheapest Tesla on offer.Is Tesla stock a buy?I have to admit, this all sounds rather discouraging for a Tesla fan. While Musk's promises sound good, they also sound like they're some time off in the future. Meanwhile, Tesla stock is selling for 67 times earnings and 448 times its much depleted free cash flow. Oh, and analysts polled by S&P Global Market Intelligence forecast profits will only grow 15% per year through the next five years.I fear that makes Tesla stock too expensive to buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915333905,"gmtCreate":1664951329207,"gmtModify":1676537535149,"author":{"id":"4104084987009730","authorId":"4104084987009730","name":"JS0383","avatar":"https://community-static.tradeup.com/news/8940f6ec623f2a75d08dee95198b3696","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104084987009730","authorIdStr":"4104084987009730"},"themes":[],"htmlText":"The article sounds like a bad thing that Musk takes over Twitter. Just tell Musk&nbsp;Twitter does not&nbsp;want anything to do with him&nbsp;except-&nbsp;his&nbsp;money.","listText":"The article sounds like a bad thing that Musk takes over Twitter. Just tell Musk&nbsp;Twitter does not&nbsp;want anything to do with him&nbsp;except-&nbsp;his&nbsp;money.","text":"The article sounds like a bad thing that Musk takes over Twitter. Just tell Musk Twitter does not want anything to do with him except- his money.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9915333905","repostId":"1108983376","repostType":4,"repost":{"id":"1108983376","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1664948069,"share":"https://ttm.financial/m/news/1108983376?lang=&edition=fundamental","pubTime":"2022-10-05 13:34","market":"us","language":"en","title":"Twitter Stood up to Elon Musk and Won, but Will It Feel Like a Win Once He Owns It?","url":"https://stock-news.laohu8.com/highlight/detail?id=1108983376","media":"Dow Jones","summary":"Tesla chief executive is likely to own Twitter in as little as a week, but employees and users of th","content":"<html><head></head><body><blockquote>Tesla chief executive is likely to own Twitter in as little as a week, but employees and users of the social network are unlikely to know its path as the unpredictable Musk jumps in</blockquote><p>Elon Musk is the world’s richest man because he tends to win staredowns with opponents.</p><p>In the curious case of his offer for Twitter Inc. though, he lost and Twitter won. The question now is if Twitter employees and management will feel like winners once Musk takes control, as Twitter is bound to go through a traumatic change to its corporate culture — and potentially the site itself — once the deal is complete.</p><p>“The easy part for Musk is buying it,” said Dan Ives, an analyst at Wedbush Securities. “The hard part is going to be fixing it.”</p><p>Musk, the chief executive of Tesla Inc. TSLA, +2.90%, agreed to honor his original acquisition offer for the social-media company at $54.20 a share Tuesday, committing a total of $44 billion to buy the social network. The news was the result of behind-the-scenes haggling two weeks ahead of a trial scheduled in Delaware Chancery Court, in which Twitter was suing Musk to honor the terms of his merger agreement.</p><p>Musk initially made a hostile offer for Twitter, after buying up 9% of its shares, that was ultimately accepted by the company in late April. Then he tried to back out, saying in May that the deal was on hold while he waited for data about the number of spam bots on the platform. As this column had previously made clear, the bot problem was a facade: Twitter had always warned about bots on the platform and Musk even said when the deal was announced that he planned to fix the situation.</p><p>The decision by Musk to drop his ridiculous posturing means that he could now own Twitter within a week — Ives predicted in an interview with MarketWatch that the deal would be complete in seven to 10 days. While Twitter employees who own stock are going to celebrate getting paid a healthy premium for their shares, the rest of their future is hazy right now.</p><p>Twitter employees have already had a taste of what dealing with Musk is going to be like. In April, several employees spoke to MarketWatch’s Jon Swartz after Musk’s initial hostile bid for the company, and their comments were scathing. In a June live-streamed meeting with Musk and employees, they got an up-close, albeit virtual, view, of what the billionaire is like — he inferred he would cut jobs, said he is not a fan of remote work, and praised the Chinese platforms TikTok and WeChat because they’re “not boring.”</p><p>Put it together, and it seems like a lot of change is in order at the San Francisco company.</p><p>“I believe it’s going to be a tidal wave of employees that leave Twitter,” Ives said. “The Musk DNA and the Twitter DNA, that’s like putting mustard on a slice of pizza. Just culturally, there are going to be more questions than answers.”</p><p>Musk already runs multiple companies, in addition to Tesla, including SpaceX and The Boring Co. With his highly publicized Twitter spats — such as comments this week that sparked outrage in Ukraine — and his penchant for lies, exaggeration and overstatements, Musk is the antithesis of the ideal leader for Twitter, the water-cooler meeting place of Silicon Valley.</p><p>Josh White, an assistant professor of finance at Vanderbilt University, believes Musk, who “has a reputation for dedicating his time, like the stories of sleeping on the floor of Tesla’s factory until he can get things right,” will have even more motivation in this setting to turn what appears to be a very public legal defeat into a financial win.</p><p>“Elon will take the company private initially because of the structure of his financing,” he said. “That said, I expect him to be singularly focused on showing that he can create value out of Twitter and eventually take it back public.”</p><p>That won’t be easy. Musk was attempting to get out of the deal because it was an obvious overpay, especially after tech stocks were slammed in the first half of 2022, with the biggest Wall Street hammer aimed at social-media companies as online advertising cratered. And his statements so far seem to be aimed at unrealistic targets.</p><p>He told Twitter employees in the all-hands meeting that one measure of success would be to increase Twitter’s daily active users to “at least” 1 billion in five to 10 years. In the most recent second quarter, Twitter, which now reports only on monetizeable daily active users, said it had on average 237.8 million monetizeable daily active users.</p><p>There is truly no way to create that growth without welcoming as many bad actors, bots and other unsavory users to the platform, and even doing that would likely chase away many power users who make the platform what it is today. With the Supreme Court set to review the first-ever cases involving Section 230 of the Communications Decency Act, amid the outrage of the far right proclaiming that left-leaning content gets precedence in social media, Twitter’s acquisition by Musk could stir up an even bigger conflagration.</p><p>“It’s a political firestorm on both sides of the aisle,” Ives said. “There are unintended consequences. It’s one thing to be a user, it’s another thing to be the owner.”</p><p>“Controversy finds Musk almost on a daily basis,” the analyst said. “There are more questions than answers.”</p><p>Twitter answered the biggest question by staring down Musk and winning: He will now own the platform. As for what happens next, there is no way to tell, with the unpredictable Musk set to take the helm.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Twitter Stood up to Elon Musk and Won, but Will It Feel Like a Win Once He Owns It?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTwitter Stood up to Elon Musk and Won, but Will It Feel Like a Win Once He Owns It?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-10-05 13:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote>Tesla chief executive is likely to own Twitter in as little as a week, but employees and users of the social network are unlikely to know its path as the unpredictable Musk jumps in</blockquote><p>Elon Musk is the world’s richest man because he tends to win staredowns with opponents.</p><p>In the curious case of his offer for Twitter Inc. though, he lost and Twitter won. The question now is if Twitter employees and management will feel like winners once Musk takes control, as Twitter is bound to go through a traumatic change to its corporate culture — and potentially the site itself — once the deal is complete.</p><p>“The easy part for Musk is buying it,” said Dan Ives, an analyst at Wedbush Securities. “The hard part is going to be fixing it.”</p><p>Musk, the chief executive of Tesla Inc. TSLA, +2.90%, agreed to honor his original acquisition offer for the social-media company at $54.20 a share Tuesday, committing a total of $44 billion to buy the social network. The news was the result of behind-the-scenes haggling two weeks ahead of a trial scheduled in Delaware Chancery Court, in which Twitter was suing Musk to honor the terms of his merger agreement.</p><p>Musk initially made a hostile offer for Twitter, after buying up 9% of its shares, that was ultimately accepted by the company in late April. Then he tried to back out, saying in May that the deal was on hold while he waited for data about the number of spam bots on the platform. As this column had previously made clear, the bot problem was a facade: Twitter had always warned about bots on the platform and Musk even said when the deal was announced that he planned to fix the situation.</p><p>The decision by Musk to drop his ridiculous posturing means that he could now own Twitter within a week — Ives predicted in an interview with MarketWatch that the deal would be complete in seven to 10 days. While Twitter employees who own stock are going to celebrate getting paid a healthy premium for their shares, the rest of their future is hazy right now.</p><p>Twitter employees have already had a taste of what dealing with Musk is going to be like. In April, several employees spoke to MarketWatch’s Jon Swartz after Musk’s initial hostile bid for the company, and their comments were scathing. In a June live-streamed meeting with Musk and employees, they got an up-close, albeit virtual, view, of what the billionaire is like — he inferred he would cut jobs, said he is not a fan of remote work, and praised the Chinese platforms TikTok and WeChat because they’re “not boring.”</p><p>Put it together, and it seems like a lot of change is in order at the San Francisco company.</p><p>“I believe it’s going to be a tidal wave of employees that leave Twitter,” Ives said. “The Musk DNA and the Twitter DNA, that’s like putting mustard on a slice of pizza. Just culturally, there are going to be more questions than answers.”</p><p>Musk already runs multiple companies, in addition to Tesla, including SpaceX and The Boring Co. With his highly publicized Twitter spats — such as comments this week that sparked outrage in Ukraine — and his penchant for lies, exaggeration and overstatements, Musk is the antithesis of the ideal leader for Twitter, the water-cooler meeting place of Silicon Valley.</p><p>Josh White, an assistant professor of finance at Vanderbilt University, believes Musk, who “has a reputation for dedicating his time, like the stories of sleeping on the floor of Tesla’s factory until he can get things right,” will have even more motivation in this setting to turn what appears to be a very public legal defeat into a financial win.</p><p>“Elon will take the company private initially because of the structure of his financing,” he said. “That said, I expect him to be singularly focused on showing that he can create value out of Twitter and eventually take it back public.”</p><p>That won’t be easy. Musk was attempting to get out of the deal because it was an obvious overpay, especially after tech stocks were slammed in the first half of 2022, with the biggest Wall Street hammer aimed at social-media companies as online advertising cratered. And his statements so far seem to be aimed at unrealistic targets.</p><p>He told Twitter employees in the all-hands meeting that one measure of success would be to increase Twitter’s daily active users to “at least” 1 billion in five to 10 years. In the most recent second quarter, Twitter, which now reports only on monetizeable daily active users, said it had on average 237.8 million monetizeable daily active users.</p><p>There is truly no way to create that growth without welcoming as many bad actors, bots and other unsavory users to the platform, and even doing that would likely chase away many power users who make the platform what it is today. With the Supreme Court set to review the first-ever cases involving Section 230 of the Communications Decency Act, amid the outrage of the far right proclaiming that left-leaning content gets precedence in social media, Twitter’s acquisition by Musk could stir up an even bigger conflagration.</p><p>“It’s a political firestorm on both sides of the aisle,” Ives said. “There are unintended consequences. It’s one thing to be a user, it’s another thing to be the owner.”</p><p>“Controversy finds Musk almost on a daily basis,” the analyst said. “There are more questions than answers.”</p><p>Twitter answered the biggest question by staring down Musk and winning: He will now own the platform. As for what happens next, there is no way to tell, with the unpredictable Musk set to take the helm.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108983376","content_text":"Tesla chief executive is likely to own Twitter in as little as a week, but employees and users of the social network are unlikely to know its path as the unpredictable Musk jumps inElon Musk is the world’s richest man because he tends to win staredowns with opponents.In the curious case of his offer for Twitter Inc. though, he lost and Twitter won. The question now is if Twitter employees and management will feel like winners once Musk takes control, as Twitter is bound to go through a traumatic change to its corporate culture — and potentially the site itself — once the deal is complete.“The easy part for Musk is buying it,” said Dan Ives, an analyst at Wedbush Securities. “The hard part is going to be fixing it.”Musk, the chief executive of Tesla Inc. TSLA, +2.90%, agreed to honor his original acquisition offer for the social-media company at $54.20 a share Tuesday, committing a total of $44 billion to buy the social network. The news was the result of behind-the-scenes haggling two weeks ahead of a trial scheduled in Delaware Chancery Court, in which Twitter was suing Musk to honor the terms of his merger agreement.Musk initially made a hostile offer for Twitter, after buying up 9% of its shares, that was ultimately accepted by the company in late April. Then he tried to back out, saying in May that the deal was on hold while he waited for data about the number of spam bots on the platform. As this column had previously made clear, the bot problem was a facade: Twitter had always warned about bots on the platform and Musk even said when the deal was announced that he planned to fix the situation.The decision by Musk to drop his ridiculous posturing means that he could now own Twitter within a week — Ives predicted in an interview with MarketWatch that the deal would be complete in seven to 10 days. While Twitter employees who own stock are going to celebrate getting paid a healthy premium for their shares, the rest of their future is hazy right now.Twitter employees have already had a taste of what dealing with Musk is going to be like. In April, several employees spoke to MarketWatch’s Jon Swartz after Musk’s initial hostile bid for the company, and their comments were scathing. In a June live-streamed meeting with Musk and employees, they got an up-close, albeit virtual, view, of what the billionaire is like — he inferred he would cut jobs, said he is not a fan of remote work, and praised the Chinese platforms TikTok and WeChat because they’re “not boring.”Put it together, and it seems like a lot of change is in order at the San Francisco company.“I believe it’s going to be a tidal wave of employees that leave Twitter,” Ives said. “The Musk DNA and the Twitter DNA, that’s like putting mustard on a slice of pizza. Just culturally, there are going to be more questions than answers.”Musk already runs multiple companies, in addition to Tesla, including SpaceX and The Boring Co. With his highly publicized Twitter spats — such as comments this week that sparked outrage in Ukraine — and his penchant for lies, exaggeration and overstatements, Musk is the antithesis of the ideal leader for Twitter, the water-cooler meeting place of Silicon Valley.Josh White, an assistant professor of finance at Vanderbilt University, believes Musk, who “has a reputation for dedicating his time, like the stories of sleeping on the floor of Tesla’s factory until he can get things right,” will have even more motivation in this setting to turn what appears to be a very public legal defeat into a financial win.“Elon will take the company private initially because of the structure of his financing,” he said. “That said, I expect him to be singularly focused on showing that he can create value out of Twitter and eventually take it back public.”That won’t be easy. Musk was attempting to get out of the deal because it was an obvious overpay, especially after tech stocks were slammed in the first half of 2022, with the biggest Wall Street hammer aimed at social-media companies as online advertising cratered. And his statements so far seem to be aimed at unrealistic targets.He told Twitter employees in the all-hands meeting that one measure of success would be to increase Twitter’s daily active users to “at least” 1 billion in five to 10 years. In the most recent second quarter, Twitter, which now reports only on monetizeable daily active users, said it had on average 237.8 million monetizeable daily active users.There is truly no way to create that growth without welcoming as many bad actors, bots and other unsavory users to the platform, and even doing that would likely chase away many power users who make the platform what it is today. With the Supreme Court set to review the first-ever cases involving Section 230 of the Communications Decency Act, amid the outrage of the far right proclaiming that left-leaning content gets precedence in social media, Twitter’s acquisition by Musk could stir up an even bigger conflagration.“It’s a political firestorm on both sides of the aisle,” Ives said. “There are unintended consequences. It’s one thing to be a user, it’s another thing to be the owner.”“Controversy finds Musk almost on a daily basis,” the analyst said. “There are more questions than answers.”Twitter answered the biggest question by staring down Musk and winning: He will now own the platform. As for what happens next, there is no way to tell, with the unpredictable Musk set to take the helm.","news_type":1},"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000640","authorId":"9000000000000640","name":"DaisyMoore","avatar":"https://static.tigerbbs.com/907cd7c24e0c3693fe01cf437bf1e553","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000640","authorIdStr":"9000000000000640"},"content":"But it seems to be true. Twitter's management did not welcome Musk, except for his money. While Musk hopes to control the media by purchasing Twitter.","text":"But it seems to be true. Twitter's management did not welcome Musk, except for his money. While Musk hopes to control the media by purchasing Twitter.","html":"But it seems to be true. Twitter's management did not welcome Musk, except for his money. While Musk hopes to control the media by purchasing Twitter."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902481679,"gmtCreate":1659746789594,"gmtModify":1703742550754,"author":{"id":"4104084987009730","authorId":"4104084987009730","name":"JS0383","avatar":"https://community-static.tradeup.com/news/8940f6ec623f2a75d08dee95198b3696","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104084987009730","authorIdStr":"4104084987009730"},"themes":[],"htmlText":"Twitter should&nbsp;allow Musk hiring a third party to restore the data from the day of the&nbsp;acquisition to count the fake/dead accounts.It must more than what Twitter claimed.","listText":"Twitter should&nbsp;allow Musk hiring a third party to restore the data from the day of the&nbsp;acquisition to count the fake/dead accounts.It must more than what Twitter claimed.","text":"Twitter should allow Musk hiring a third party to restore the data from the day of the acquisition to count the fake/dead accounts.It must more than what Twitter claimed.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902481679","repostId":"2257693195","repostType":4,"repost":{"id":"2257693195","kind":"highlight","pubTimestamp":1659744687,"share":"https://ttm.financial/m/news/2257693195?lang=&edition=fundamental","pubTime":"2022-08-06 08:11","market":"us","language":"en","title":"Twitter (TWTR) Rejects Musk's Fraud Accusations","url":"https://stock-news.laohu8.com/highlight/detail?id=2257693195","media":"StreetInsider","summary":"Tesla (NASDAQ: TSLA) CEO Elon Musk condemned Twitter (NYSE: TWTR) for fraud, arguing the social medi","content":"<html><head></head><body><p>Tesla (NASDAQ: TSLA) CEO Elon Musk condemned Twitter (NYSE: TWTR) for fraud, arguing the social media company provided misleading information about the condition of its business and key data related to the platform users before he agreed to purchase the company for $44 billion.</p><p>In a counter lawsuit, the Tesla boss said he decided to end the merger agreement after he learned about “troubling facts” about Twitter’s business, including the company’s restatement of its monetizable daily average users just days after the deal was signed. He alleged that Twitter misrepresented the information about the true number of false and spam accounts on the platform.</p><p>“Twitter’s own disclosures to the Musk parties show that although Twitter touts having 238 million ‘monetizable daily active users,’ those users who actually see ads (and thus, would reasonably be considered ‘monetizable’) is about 65 million lower than what Twitter represents,” Musk said in a court filing.</p><p>In response, Twitter’s board chairman Bret Taylor published a tweet saying Musk’s allegations “are factually inaccurate, legally insufficient, and commercially irrelevant.” Taylor also provided a link to Twitter’s 127-page response, adding the company is looking forward to the upcoming trial in Delaware, scheduled for October 17.</p><p>The social media giant also said Musk’s claims about being misled are implausible and added that Tesla’s CEO shouldn’t be allowed to back out of the deal solely due to his concerns over the number of spam and bot accounts.</p><p>“According to Musk, he—the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers—was hoodwinked by Twitter into signing a $44 billion merger agreement,” Twitter said.</p><p>“The billionaire comes up with representations Twitter never made and then tries to selectively wield the confidential data he received from Twitter “to conjure a breach of those purported representations,” the company added.</p><p>This morning, Susquehanna analyst Shyam Patil cut the rating on Twitter shares to Neutral from Positive with a $45 per share price target.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTwitter (TWTR) Rejects Musk's Fraud Accusations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-06 08:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20422768><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (NASDAQ: TSLA) CEO Elon Musk condemned Twitter (NYSE: TWTR) for fraud, arguing the social media company provided misleading information about the condition of its business and key data related ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20422768\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","TWTR":"Twitter"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20422768","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2257693195","content_text":"Tesla (NASDAQ: TSLA) CEO Elon Musk condemned Twitter (NYSE: TWTR) for fraud, arguing the social media company provided misleading information about the condition of its business and key data related to the platform users before he agreed to purchase the company for $44 billion.In a counter lawsuit, the Tesla boss said he decided to end the merger agreement after he learned about “troubling facts” about Twitter’s business, including the company’s restatement of its monetizable daily average users just days after the deal was signed. He alleged that Twitter misrepresented the information about the true number of false and spam accounts on the platform.“Twitter’s own disclosures to the Musk parties show that although Twitter touts having 238 million ‘monetizable daily active users,’ those users who actually see ads (and thus, would reasonably be considered ‘monetizable’) is about 65 million lower than what Twitter represents,” Musk said in a court filing.In response, Twitter’s board chairman Bret Taylor published a tweet saying Musk’s allegations “are factually inaccurate, legally insufficient, and commercially irrelevant.” Taylor also provided a link to Twitter’s 127-page response, adding the company is looking forward to the upcoming trial in Delaware, scheduled for October 17.The social media giant also said Musk’s claims about being misled are implausible and added that Tesla’s CEO shouldn’t be allowed to back out of the deal solely due to his concerns over the number of spam and bot accounts.“According to Musk, he—the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers—was hoodwinked by Twitter into signing a $44 billion merger agreement,” Twitter said.“The billionaire comes up with representations Twitter never made and then tries to selectively wield the confidential data he received from Twitter “to conjure a breach of those purported representations,” the company added.This morning, Susquehanna analyst Shyam Patil cut the rating on Twitter shares to Neutral from Positive with a $45 per share price target.","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}