amy siskind twitter
Facebook Live session 12: Musk Twitter (recorded 12/25/22)good evening everyone,merry Christmas happ
Updated on Jan 21,2023
Facebook Live session 12: Musk Twitter (recorded 12/25/22)
good evening everyone,merry Christmas happy last night of,Hanukkah,happy whatever holiday you are,celebrating if you are alone today,hopefully you can enjoy being with us,now,as we have our 11th musk Twitter update,and as I said we're going to be going,through some numbers tonight so you,don't actually need your calculator but,if you want to bring one we're going to,go through some Finance tonight,uh we have a lot of ground to cover,since our last Facebook live on Tuesday,so a lot has happened since then,and,um just as a reminder today is Sunday in,addition to being Christmas,and that is exactly one week,from the time when musk did his,quote-unquote poll to,um,ask whether he should step down and we,all know what the answer was and we all,know what happened then,so let's start there let's start with,the emperor has no clothes let's start,with,if you run a company and you're planning,to step down whether your company is a,huge company a multi-billion dollar,company or you run a restaurant a small,business whatever kind of business or,type of business,you need to have a succession plan,if you are planning to step down,whether you want to or not in this case,if you are stepping down because of,what's happening with your other,businesses and Tesla plunging,you naturally would have someone in mind,to take your place,we are one week in,to musk throwing out the idea that he,was going to step down from Twitter and,there is still no replacement,uh and as I've said if he does replace,himself with somebody it will be the,equivalent of a puppet regime because he,is unwilling to,surrender any sort of control and that,person would just be a continuation of,him and the disarray maybe less disarray,because he could hire a good manager but,nobody good is going to come work for,him and that's what we've seen already,one weekend,the other thing that we know in this,Emperor has no closed regime uh is that,musk has said he will maintain his,position as CEO,uh in more of the engineering kind of,part of the business and,he had his moment this week in a Twitter,space kind of,conversation where he talked about that,and talked about I'm I'll might get the,vernacular on coding is not my world but,basically said in other words they,should just throw away all the coding,and start again,to which he was challenged by a lot of,Engineers,uh and it basically exposed again the,emperor has no clothes I saw one comment,that I sort of thought summarized it,best,if this guy were applying for a job went,out on interviews without the name Elon,Musk on his resume,for an entry-level position in coding he,wouldn't get the job,so those are two bits of evidence the,succession,the engineering know-how and tonight,we're going to talk about something I do,know which is the financial side which,what he's throwing out makes absolutely,no sense,and the media uh you know it reminds me,of the way they covered Trump in the,first year where they were trying to,make him out as just another Republican,musk has built such an essential halo,around him that no one is challenging,him on the stuff he's throwing out or,any of the people associated with this,transaction even though it is completely,nonsensical,so we're going to go through this we're,going to go through the numbers,but where we before we get going on all,of it I just want to say we are where we,were which is please do not provide,content Tomas Twitter,uh things are playing out as we thought,they would he is on his way out whatever,that is but more importantly this,company is hemorrhaging cash and despite,what what he said which we're going to,go through the numbers today,um you know it will not be long before,this company's either sold or forced to,go into bankruptcy,so first let's talk about what happened,since Tuesday,and musk personally you know when we,talked Tuesday we had said that he had,lost about half of his net worth,uh just by virtue of what was happening,with the Tesla stock that trend is,continued,when we spoke on Tuesday his net worth,was down to about 148 billion from 304,billion in the beginning of the year,as we closed out for the holiday weekend,his net worth is down to 139 billion,that is how much money he has lost and,how he has lost that money almost all of,his net worth is tied up in Tesla's,stock Tesla stock is down 69 percent,this year in this past week alone in,five trading days it went down 20,percent I have to say I you know and and,it's part of it a little bit you know,part of it is Tesla there are issues,with car makers or our issues with,higher rates and but the majority of it,it is it is not moving in tandem with,the other car companies or the S P it is,on its own journey and that is related,to musk and how much he has hurt his,brand and,not only has he lost net worth He has,lost the capability to be what I'll what,the term I'll use is liquid or have cash,you know for example you might have a,lot of money that you get from your,employer each month you put something,into a 401
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amy siskind twitter catalogs
- Facebook Live session 10: Musk Twitter (recorded 12/18/22)
- Facebook Live session 13: Musk Twitter (recorded 1/1/23)
- Facebook Live session 11: Musk Twitter (recorded 12/20/22)
- Facebook Live session 9: Musk Twitter ( recorded 12/15/22)
- Facebook Live session 2: Musk Twitter (11/17/22)
- Amy Siskind Donates The Weekly List to the Annenberg School for Communication Library Archives
- Facebook Live session 7: Musk Twitter (recorded 12/12/22)
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