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