* https://www.bbc.com/news/articles/ceqjq11202ro (xAI bought Twitter)
* https://www.theguardian.com/technology/2016/aug/01/elon-musk... (Tesla bought solarcity)
Effectively, of course, Twitter and Solarcity went bankrupt. That's what really happened.
I hope the CxO's at companies realize this, and so realize that Musk's big plan for Twitter ("just fire everyone, keep collecting the income") had a slightly different outcome when put into practice: fire everyone, rehire half, get publicly shamed by important people refusing to go back, bankruptcy in 2 years, 5 months. In other words, since 2022 Musk lost 5 million per day, on average, for 2.5 years.
Let that sink in!
https://finance.yahoo.com/news/elon-musk-begs-advertisers-re...
Clearly it was about revenue, at least to an extent.
Demand for Tesla isn't permanently going anywhere just to make a few new Elon haters happy. I also don't like Musk, but I am not deluding myself like so many these days that Tesla is dead. Elon is much like a roach; he will survive nuclear Armageddon.
Nobody said it's dead. Just that the car part of the company, the stable part, is somewhere between being abused and neglected by Musk. While the self-driving part has no competitive advantage and the robotics part seems to have legitimate synergies with xAI.