Can X sue Musk for telling advertisers to go fuck themselves rather than addressing their concerns over his dumpster fire decisions?
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He privatized and fired the board, remember? Nobody else inside to hold him accountable for being a non-stop fuckup.
There are the shareholders...
Institutional only now, and they're all big companies who Musk strung along for the ride. He's already on the hook with them, and they are obviously not pleased. He still the majority shareholder, and it's lost 75% of its value since he took it over, and it's clearly going to just bleed to death. They've already lost their investments.
You say "institutional investors" as if it's their money they're losing. It isn't. It's everybody's 401(k)s and IRAs, held through mutual funds that disenfranchise them from being able to vote their shares and put that power in the hands of the "institutions" (read: fund managers) instead.
Point is, not only is Musk still fucking over real-people shareholders, they're the second-class ones who can't even do anything about it!
No.
Took me all of 2 seconds: here
...Are you stupid? Do you know what things like Blackrock and Vanguard are, and what they do? The entire point of those companies is that they hold and invest other people's money.
Yes, they have more money than small nations. They are using their CAPITAL to invest. It's literally a legal requirement to do so in all developed markets, and these are global companies doing so. They are spending your retirement doing it. They're spending thebinsane amount of money you give them as a fee to do it. They'd be in court today if they were doing what you're suggesting. In the US, anything designated as a retirement fund is only held my institutions (banks) that designate themselves as such, and SEC regulations prevent them from using any NON-CAPITAL cash from investing in this way.
Man who claims hes a libertarian wants government to punish those who don't give him money.
Oh, nonono. You simply misunderstood him, because he's such a genius. Didn't you hear that he thinks he is literally the smartest engineer alive on this planet? Surely he's not following suit of other nutjobs and simply trying to weaponize the judicial system in his favor because he essentially has unlimited money? This guy?? Nooooo...
For something that isn't a crime. Why are we feeding this troll attention? Let him fall off the face of the earth and all his "projects" fail.
With the way Tesla is tanking, I'll say
fall off the face of the earth
It ain't flat.
That's what you took away from that comment? Man... shilling for Elon must be a literal job for you.
Wasn’t he crying that he can’t be extorted with money or something? Fucking cry baby.
Dude literally told advertisers to go fuck themselves and is now like "well wait, I didn't mean it like that" lmao
When a business blames its customers for choosing to no longer be its customers, it's a sure sign the business is declining. Depending on the severity, it's often a sign the business is failing.
This applies here, as well as any time you see an article that millennials are killing <business/industry/etc>. It also applies when an entertainer blames their (potential) audience for not enjoying their work. See Jerry Seinfeld, Kid Rock, etc.
No one owes your business any patronage.
This is the best summary I could come up with:
After the House of Representatives Committee on the Judiciary released a report accusing the Global Alliance for Responsible Media (GARM) of colluding with companies to censor conservative voices online, Elon Musk chimed in.
There is no telling yet if Yaccarino's seeming support of GARM may strain her relationship with Musk, who has parted ways with several X executives during his reign over content moderation conflicts.
The Committee on the Judiciary reported that GARM may be violating the Sherman Act, which "makes unreasonable restraints of trade illegal," including certain cases when "group boycotts and coordinated actions" harm consumers.
This allegedly worked to "rob consumers of choices" and "is likely illegal under the antitrust laws," in addition to threatening "fundamental American freedoms," the committee's report said.
"GARM creates voluntary industry standards on brand safety and suitability which media sellers and ad tech companies can voluntarily adopt, adapt or reject.
"In consultation with legal counsel, WFA maintains robust and effective compliance policies designed to enhance competition," GARM told Ars.
The original article contains 926 words, the summary contains 166 words. Saved 82%. I'm a bot and I'm open source!
New law, everyone must be nice to me :(
Boycotts are speech. Calling for boycotts is speech. I’ve been told by every corporate leader and the Supreme Court that spending money is a form of speech. I would think that a free speech advocate would appreciate these things. Of course, like all outspoken libertarians, Musk’s positions are not well considered, consistent, nor actually libertarian when it doesn’t suit his own business or ideological* interests. This dude sucks at everything he does and his success perfectly demonstrates the fallacy of meritocracy in this society.
- usually racist
Cute of him to think he is as valuable as Israel
What do you mean by this? Elon is shit but he still has more value than a genocidal state running on hate imo.
Israel lobby made it illegal for US companies and government workers to boycott israel.
Ah okay, I figured I was misunderstanding what you meant.
What the actual fuck...
AIPAC lobbied for this shite and got it done...
Now remember this when your favourite daddy politicians tells you how congress can't accomplish anything due to partisan grid lock ;)
I read a little on the wiki page you linked, and it seems it was in fact not passed.
The act consisted of House and Senate bills H.R. 1697 and S. 720 and died in Congress
I think I linked the wrong wiki
https://www.law.cornell.edu/uscode/text/26/999
Here is the law.
Better wiki: https://en.m.wikipedia.org/wiki/Anti-BDS_laws
Looks criminal part is at the state level with 38 passing such laws.
He lost his shit some time ago, but still goes even more apeshit.
A pretty predictable outcome of extended drug use.
Musk wrote that X "has no choice but to file suit against the perpetrators and collaborators" behind an advertiser boycott on his platform.
So he's going to sue himself then?
If somebody is going to try to blackmail me with advertising, blackmail me with money, go fuck yourself. Go fuck yourself. Is that clear? I hope it is.
Elon Musk, 2023
I guess it was pretty clear. What a clown.
I could have sworn I read that Musk was a free speech absolutist. Freedom for me but not for thee?
Musk wants freedom of speech for people. But his definition of "people" is very, very narrow.
I could of sworn I read that shit doesn't actually stink, but the pile of emperic evidence has led me to believe otherwise.
This is the case with literally every conservative crowing about "free speech". They want full freedom for themselves so that no matter what they say there can't be any negative consequences or reactions, and everybody else can get fucked and die in an extermination camp
Nope he's just a fascist hiding behind free speech.
He only believes in the first 22 words of the first amendment. If you want to speak about what he has done, or (far worse) gather with others that share your beliefs to speak extra loud... straight to jail.
He certainly exercises his free speech to lie about his advocacy for free speech.
Thank god this muppet wasn't born in the US, or he would definetely be making a presidential run. Maybe he will just try and pull a Trump and disrespect the constitution and try and change rules to benefit himself personally.
Twitter are criminals who steal our computing with proprietary software.
TIL advertisement market is worth 1000 billion $.
Assuming 2 billion people owning an internet capable device, that's 500 $ per person.
It's estimated to be around 66% of the global population, or 5.35b people... so $186.92 per person
So this is the laser-like focus on the future of Tesla that 56 billion dollars bought, huh?
Such brilliant minds are truly beyond our understanding, clearly.
The neat thing is that if you have a 401k or mutual funds or whatever there’s a good chance your money voted to give this fuckwit his 56 billion. Looking at you, Vanguard.
They're afraid that Tesla's stock price under a rational CEO will suffer a market correction and drop to where it should be. In other words, they want to keep Musk out of fear and greed.
everybody's a libertarian until they lose money
Meanwhile, toilets lobby to jail everyone that refuses to eat out of them.