LinuxQuestions.org
Download your favorite Linux distribution at LQ ISO.
Go Back   LinuxQuestions.org > Forums > Non-*NIX Forums > General
User Name
Password
General This forum is for non-technical general discussion which can include both Linux and non-Linux topics. Have fun!

Notices


Reply
  Search this Thread
Old 06-06-2023, 12:16 AM   #16
rkelsen
Senior Member
 
Registered: Sep 2004
Distribution: slackware
Posts: 4,421
Blog Entries: 7

Rep: Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535

Quote:
Originally Posted by frankbell View Post
What I get from this is that Musk is flailing.
Yeah, if it weren't funny, it'd be painful to watch. https://www.theguardian.com/us-news/...ety-moderation

I wonder if he'll back down against the EU, or if he'll stand his ground and let Twitter be blocked in the world's 3rd most populous continent.
https://www.businesstoday.in/technol...210-2023-05-29
https://www.euractiv.com/section/pla...exit-possible/
Quote:
Originally Posted by mjolnir View Post
^^^ Lol, it's funny watching 'Monday Morning Quarterbacks' give the World's second wealthiest person business advice.
Well, he was the wealthiest before buying Twitter... His wealth fell by ~63% during the 14 months after November 2021.

Given the same starting point, I'm sure many of those "Monday Morning Quarterbacks" could have done better... though perhaps with less sensationalism.
 
Old 06-07-2023, 03:15 AM   #17
mjolnir
Member
 
Registered: Apr 2003
Posts: 809

Original Poster
Rep: Reputation: 99
Yep, just 'flailing' along,lol.


"Elon Musk has reclaimed his position as the world’s wealthiest person.

That’s according to a Bloomberg Billionaires tally, which estimated the Tesla (TSLA) CEO’s net worth is now about $192 billion, compared to LVMH (LVMHF) CEO Bernard Arnault’s $187 billion.

The two centibillionaires, a term used to refer to people with fortunes of more than $100 billion, have been neck-and-neck for the top spot for months."
By Michelle Toh, CNN
Updated 10:27 PM EDT, Wed May 31, 2023

https://www.cnn.com/2023/05/31/busin...hnk/index.html

Last edited by mjolnir; 06-07-2023 at 03:18 AM.
 
Old 06-07-2023, 03:17 AM   #18
mjolnir
Member
 
Registered: Apr 2003
Posts: 809

Original Poster
Rep: Reputation: 99
"Elon Musk

@elonmusk
This platform will provide email addresses of subscribers (who opt in) to content creators, so that creators are able to leave this platform easily & take their subscribers with them if they want
1:31 AM · Jun 7, 2023" https://twitter.com/elonmusk/status/1666331961281900545
 
Old 06-07-2023, 03:36 AM   #19
rkelsen
Senior Member
 
Registered: Sep 2004
Distribution: slackware
Posts: 4,421
Blog Entries: 7

Rep: Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535
Quote:
Originally Posted by mjolnir View Post
"Elon Musk has reclaimed his position as the world’s wealthiest person.

That’s according to a Bloomberg Billionaires tally, which estimated the Tesla (TSLA) CEO’s net worth is now about $192 billion
... Which is $150 billion less than he had in November 2021.

Your definition of success intrigues me.
 
Old 06-07-2023, 03:52 AM   #20
mjolnir
Member
 
Registered: Apr 2003
Posts: 809

Original Poster
Rep: Reputation: 99
Most of that loss was in over-priced TESLA stock - $314.67 to 101.81 - back to 209.48. The Tesla Model Y is once again leading car sales around the World. I doubt Mr. Musk loses sleep over balancing his check book.
 
Old 06-07-2023, 04:25 AM   #21
rkelsen
Senior Member
 
Registered: Sep 2004
Distribution: slackware
Posts: 4,421
Blog Entries: 7

Rep: Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535
Quote:
Originally Posted by mjolnir View Post
Most of that loss was in over-priced TESLA stock - $314.67 to 101.81 - back to 209.48.
Which explains all of the recovery in his wealth... The bounce back to position #1 has nothing to do with Twitter.

His position has also been helped by governments around the world. Eg: https://www.aph.gov.au/Parliamentary...d2223a/23bd009

Could you imagine owning a company selling products which are subsidised by governments everywhere?

Anyhow, his marketing strategy (wrapped up as the Twitter purchase) certainly seems to have worked on you. How long until you buy a Tesla? Would you have even considered it 3 years ago?
 
Old 06-07-2023, 07:21 AM   #22
mjolnir
Member
 
Registered: Apr 2003
Posts: 809

Original Poster
Rep: Reputation: 99
For some reason your link is throwing a "WAF BLOCK" for me.

"How long until you buy a Tesla?" - likely never. I'm a diesel fan although I ran big block Chevy pick-up trucks most of my life. I may buy a Ford 'Lightning' when they become more available.
 
Old 06-07-2023, 07:40 AM   #23
rkelsen
Senior Member
 
Registered: Sep 2004
Distribution: slackware
Posts: 4,421
Blog Entries: 7

Rep: Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535
Quote:
Originally Posted by mjolnir View Post
For some reason your link is throwing a "WAF BLOCK" for me.
Try this one: https://www.ato.gov.au/Business/Frin...ars-exemption/

For context: There is no such exemption for petrol or diesel powered vehicles.

Last edited by rkelsen; 06-07-2023 at 07:42 AM.
 
Old 06-07-2023, 07:57 AM   #24
mjolnir
Member
 
Registered: Apr 2003
Posts: 809

Original Poster
Rep: Reputation: 99
That link worked. No help for someone such as myself who uses trucks for both work and 'play', that I saw. It will be interesting to see 'real World' performance of electric vehicles in rural areas here in the States and elsewhere.

Last edited by mjolnir; 06-07-2023 at 07:57 AM. Reason: Spelling
 
Old 06-07-2023, 08:02 AM   #25
ntubski
Senior Member
 
Registered: Nov 2005
Distribution: Debian, Arch
Posts: 3,774

Rep: Reputation: 2081Reputation: 2081Reputation: 2081Reputation: 2081Reputation: 2081Reputation: 2081Reputation: 2081Reputation: 2081Reputation: 2081Reputation: 2081Reputation: 2081
Quote:
Originally Posted by rkelsen View Post
... Which is $150 billion less than he had in November 2021.

Your definition of success intrigues me.
It seems a bit silly to credit or blame a person for fluctuations in the stock market which are obviously beyond their control. (I would imagine the 2021 high and subsequent drop are more about interest rates than any particular company action.)

And the particular ranking of centibillionaires also seems a bit silly since so much of their wealth is non-cash, any particular number given is just an estimate.

Quote:
Originally Posted by rkelsen View Post
For context: There is no such exemption for petrol or diesel powered vehicles.
Not sure about Australia, but didn't all American auto-makers get bailouts by the government a few years ago?
 
Old 06-07-2023, 08:38 AM   #26
michaelk
Moderator
 
Registered: Aug 2002
Posts: 25,592

Rep: Reputation: 5880Reputation: 5880Reputation: 5880Reputation: 5880Reputation: 5880Reputation: 5880Reputation: 5880Reputation: 5880Reputation: 5880Reputation: 5880Reputation: 5880
No, just GM and Chrysler with Ford having enough cash on hand to out last the crisis. The bailout was considered emergency loans with Chrysler repaying everything and GM not repaying something like 9 billion.
 
Old 06-07-2023, 09:57 AM   #27
Pastychomper
Member
 
Registered: Sep 2011
Location: Scotland
Distribution: Slackware, Devuan, Android
Posts: 132

Rep: Reputation: 243Reputation: 243Reputation: 243
Nitpick: Shouldn't CNN be using "hectobillionaire" rather than "centibillionaire" for someone who has 100 billion?
 
Old 06-07-2023, 10:06 AM   #28
Pastychomper
Member
 
Registered: Sep 2011
Location: Scotland
Distribution: Slackware, Devuan, Android
Posts: 132

Rep: Reputation: 243Reputation: 243Reputation: 243
Quote:
Originally Posted by linuxlivecd View Post
A lot of people still use it. Few really care, about who owns it.

Because if they did, they may considering close the account they have. I don't mean somebody on there for a month and then closing it, but longe term users, over several years. They don't care about the negatives only their own interest, business, politics. What ever.
Mostly true, in that people use it for the size of its community more than anything else. That doesn't stop users legitimately complaining about the owner's behaviour/politics/other businesses though. I've tried a couple of alternatives and found they have better interfaces, but dang they're quiet. FWIW I think the Twitter UI has improved a bit since Musk took over, and the kind of users it chooses to show me have complained a bit less about censorship.
 
Old 06-08-2023, 06:54 PM   #29
rkelsen
Senior Member
 
Registered: Sep 2004
Distribution: slackware
Posts: 4,421
Blog Entries: 7

Rep: Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535
Quote:
Originally Posted by mjolnir View Post
No help for someone such as myself who uses trucks for both work and 'play', that I saw.
It depends upon what you mean by "truck."

Having highlighted those rules, I have to also say that there are blanket exceptions for vehicles specified to carry more than 1,000 kilograms. They tend to be a "piece of equipment," rather than recreational use vehicles.

If you're talking about a basic Dodge Ram or Ford F-100, then there's no joy for you. The standard payloads for both of those are less than 1,000 kilograms (550 in the case of a basic Ram... a bit pathetic for something that big).

If you're talking about an 8 ton trayback, then yes, they're exempted from Fringe Benefits Tax and their owners also get to claim a rebate for the excise on the diesel they use.
Quote:
Originally Posted by mjolnir View Post
It will be interesting to see 'real World' performance of electric vehicles in rural areas here in the States and elsewhere.
Yes, it certainly will.
 
Old 06-08-2023, 11:06 PM   #30
rkelsen
Senior Member
 
Registered: Sep 2004
Distribution: slackware
Posts: 4,421
Blog Entries: 7

Rep: Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535Reputation: 2535
Quote:
Originally Posted by ntubski View Post
Not sure about Australia, but didn't all American auto-makers get bailouts by the government a few years ago?
That's not quite the same as being spoonfed customers by governments who incentivise the purchase of your product.

Elon is being handed customers on a silver platter. He's in the right place at the right time. It doesn't take much skill to grow a business in that situation.

You or I could easily do it if either of us were born into the same circumstances as Mr. Musk.
 
  


Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off



Similar Threads
Thread Thread Starter Forum Replies Last Post
LXer: Twitter Alerts: A Trick for the Twitter-averse LXer Syndicated Linux News 0 11-19-2018 01:30 AM
LXer: Anatine (Pristine Twitter App) – Mobile web version of Twitter App for Linux Desktop LXer Syndicated Linux News 0 08-11-2016 07:00 AM
Tip: Using Twitter for software update notifications macskeeball Linux - Server 0 07-09-2007 09:01 PM
LXer: Twitter.com CEO: With open source, it's all about the people LXer Syndicated Linux News 0 06-27-2007 02:31 AM

LinuxQuestions.org > Forums > Non-*NIX Forums > General

All times are GMT -5. The time now is 08:32 PM.

Main Menu
Advertisement
My LQ
Write for LQ
LinuxQuestions.org is looking for people interested in writing Editorials, Articles, Reviews, and more. If you'd like to contribute content, let us know.
Main Menu
Syndicate
RSS1  Latest Threads
RSS1  LQ News
Twitter: @linuxquestions
Open Source Consulting | Domain Registration