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schestowitz[TR2] | >> We wrote about it this morning and last night in IRC. We linked to some | Mar 31 05:08 |
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schestowitz[TR2] | >> articles. I agree with what you say. | Mar 31 05:08 |
schestowitz[TR2] | > Thank you. | Mar 31 05:08 |
schestowitz[TR2] | > | Mar 31 05:08 |
schestowitz[TR2] | > --- | Mar 31 05:08 |
schestowitz[TR2] | > | Mar 31 05:08 |
schestowitz[TR2] | > Both X (former Twitter) and xAI are controlled by Musk, but while | Mar 31 05:08 |
schestowitz[TR2] | > X is owned entirely by Musk, venture capitalists own part of xAI. | Mar 31 05:08 |
schestowitz[TR2] | > | Mar 31 05:08 |
schestowitz[TR2] | > Musk borrowed money (12 billion US dollars, I think) to purchase | Mar 31 05:08 |
schestowitz[TR2] | > Twitter. He used Tesla stock as collateral. | Mar 31 05:08 |
schestowitz[TR2] | > | Mar 31 05:08 |
schestowitz[TR2] | > Market analysts say that Musk paid too much for Twitter. Twitter/X | Mar 31 05:08 |
schestowitz[TR2] | > lost users after acquisition. Fewer users means less value as a | Mar 31 05:08 |
schestowitz[TR2] | > for-profit social media business. | Mar 31 05:08 |
schestowitz[TR2] | > | Mar 31 05:08 |
schestowitz[TR2] | > The transaction allowed Musk to replace his X stock with xAI stock. | Mar 31 05:08 |
schestowitz[TR2] | > The latter has brighter future prospects. You believe that AI in | Mar 31 05:08 |
schestowitz[TR2] | > general is hype, and expect people to become less enthusiastic. If | Mar 31 05:08 |
schestowitz[TR2] | > you are right xAI stock will lose value. | Mar 31 05:08 |
schestowitz[TR2] | > | Mar 31 05:08 |
schestowitz[TR2] | > Some say that data (tweets) provided by Twitter/X users will be used | Mar 31 05:08 |
schestowitz[TR2] | > to train xAI. The data accumulated after Musk's takeover and | Mar 31 05:08 |
schestowitz[TR2] | > dismissal of moderation staff is noisy and should not be of much use. | Mar 31 05:08 |
schestowitz[TR2] | > Older data may be useful - but you probably don't think so. | Mar 31 05:08 |
schestowitz[TR2] | > | Mar 31 05:08 |
schestowitz[TR2] | > Others say that Musk plans to sell AI systems to the US government as | Mar 31 05:08 |
schestowitz[TR2] | > a cost-saving replacement for human workers. | Mar 31 05:08 |
schestowitz[TR2] | > | Mar 31 05:08 |
schestowitz[TR2] | > Tesla is also considered to be overvalued. Competition is growing and | Mar 31 05:08 |
schestowitz[TR2] | > sales are plummeting. The global market for electronic vehicles is | Mar 31 05:08 |
schestowitz[TR2] | > growing, but Tesla's share thereof is shrinking. Musk's activities | Mar 31 05:08 |
schestowitz[TR2] | > have badly damaged the brand. | Mar 31 05:08 |
schestowitz[TR2] | > | Mar 31 05:08 |
schestowitz[TR2] | > What is Tesla worth? | Mar 31 05:08 |
schestowitz[TR2] | > https://www.dailykos.com/stories/2025/3/30/2313455/-What-is-Tesla-worth | Mar 31 05:08 |
schestowitz[TR2] | > | Mar 31 05:08 |
schestowitz[TR2] | > Analysis of Tesla's price/earnings ratio. | Mar 31 05:08 |
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