The REAL Reason Elon Musk Put Twitter Deal On Hold

 Elon Musk. Nobody can argue the guy is brilliant and thinks 5 steps ahead of everyone else.

 

Today he announced that the deal to buy Twitter is on hold.

They are saying " Elon Musk put his $44-billion deal for Twitter Inc (TWTR.N) "temporarily on hold" on Friday while he awaits data on the proportion of its fake accounts"

Everyone knows Twitter is loaded with bots. 

So could there be ANOTHER reason why the deal is hold? I think so.

Elon absolutely KNEW that Twitter was filled with bots. He cannot be surprised about this.

He sold BILLIONS worth of Tesla stock before and after he announced this tender offer. The share price of TSLA is now 30-40% lower.

This guy is a visionary...he knew the market was in trouble months ago.

So...

1. He got MUCH HIGHER prices for TSLA stock while the due diligence was taking place.

2. He knew Twitter was loaded with fake accounts.

3. He tells everyone deal is on hold due to misleading figures.

4. The Twitter management team is going to called out for this discrepancy.

5. He can get Twitter for much less.

The guy is brilliant. 

Think this was all part of a plan?

 

How To Fix Twitter..Free Speech Can Be Very Costly

  Take away anonymity and bullies lose their courage.

Blogger got it right. Facebook got it right, Twitter never did and still doesn't.

Blogs let owners decide whether comments would be posted.

Facebook gives users the ability to opt-in the people they want to comment/share info with. There is some control, some permission.

Twitter gives anyone the ability to deliver "drive by" trolling. There is no control and no consequences for doing so. Their new troll controls don't go far enough to prevent this.


There's a reason Twitter is toast and isn't even worth $10,  who wants to promote hate?

Twitter could be a very valuable platform, but right now it just enables incestuous hate without repercussions. Twitter gives anonymous people, cowards, a microphone to spew their hate.

How do you fix Twitter?

For starters..make people pay for it. Either per post or per hashtag, or just to have an account. Create different levels for different functions. this would go a long way to deterring this. 

Second, force users to publicly attach another form of ID to their Twitter account. Take away the anonymity. The payment method would do this as well.

Finally, some creative law firm should start soliciting troll targets. Go after these cretins with the threat of legal action. Getting threatened with legal action has a great way of deterring bad behavior.

If Twitter won't reveal the user, then go after Twitter for enabling the behavior.

Maybe it's time to set some kind of legal precedent for this online behavior.

Is Facebook Next?

I envision Facebook to be next.