Vox Populi

Much as I'd like to, I can't ignore the elephant in the room on Monday. Elon Musk was voted out as head of Twitter. If this were a normal, public company, that might mean the board decided he had to go. But this isn't a normal, public company. It's a privately-run basket case which, for the last two months, has functioned as Musk's personal fiefdom. On Sunday evening, Musk polled an audience he spent months insisting was overrun by bots and fake accounts on the fate of his stint as CEO. The r

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8 thoughts on “Vox Populi

  1. Eeyore has had a mystic of being special, as has Tesla. Getting booed with Chapelle may have been a wake up call for him. Investors may be looking at Tesla more as a car company than a growth stock. If you look at the chart, the pandemic was very good for Tesla.

    1. I can assure you, Elon Musk is definately not an engineer, but he likes people to think he is. Anyone with an engineering background chuckles everytime he opens his mouth about engineering…

      1. My impression has been that Musk is rich enough and just smart enough to hire the right geniuses for whose accomplishments he can take popular credit. When he tries to do it himself, well, we see now his actual capabilities.

        As I’ve seen observed a few times lately, “Thank god we saw how he runs Twitter before we let him run the oxygen supply on Mars.”

    1. I do wonder if he read Elizabeth Warrenā€™s December 18 letter before he started the poll on the 18th. As Mr. H indicates and you concur, validation in some form.

  2. In my academic career I published the results of numerous pieces of survey research. As any good survey researcher will tell you when doing a survey as potentially risky as this one was, one should test the question first. Pick 500 people at random off the member list and ask the question privately. If you don’t like the answer, don’t do the survey in the open on the web. In other words, shut your face. Sadly, it seems Musk’s risky purchase of this huge hot mess was to get unfettered access to what he saw as the ultimate free speech platform. Since he bought it, he has exposed his numerous managerial weaknesses, spent and/or just lost billions and done very little that seems right. He fired/lost 60% or more of the firm’s employees without even checking to see if any of those he dumped were important or necessary to his success. If he wants this acquisition to succeed he needs the right CEO, and ASAP. Otherwise, it will turn out that he spent $44 billion for the right to light his cigars with hundies in the dark. Meanwhile. TSLA is in the 130s, now only twice where it should be.

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