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So it’s either an illegal lottery, or it’s an illegal crooked lottery.
Well, elmo, which is it?
And while we’re at it, were you lying then or are you lying now? And when did you stop beating your wife?
Elmo apparently deleted his tweet about the “giveaway” after the state AG announced they were investigating him.
I know a lot of people hate those commercials with the heat of a thousand suns—but foisting Teslas on the organization seems to be an overly harsh revenge.
The organization isn’t that great either though.
Charity Watch: Costly and Continuous Kars4Kids Ads Disguise Charity’s Real Purpose
I mean, they aren’t monsters, but they’re somewhat deceptive and have gotten in legal trouble in the past, so foisting crappy cars on them doesn’t trouble me too much. Plus, I like the idea of Musk’s swastikars benefiting an Orthodox Jewish charity.
Meanwhile, Elmo has sold Twitter to himself for $45 billion.
Yeah. Another angle:
How is this not a straight up shell game?
I’ve seen it described as Elmo using Xai investors’ money to pay off the debt he accrued from buying Twitter in the first place.
IANAL but it sounds like a breach of fiduciary duty to me.
From Bloomberg:
Musk bought twitter for $44 billion. Now he sold has sold it for $45 billion. (The $33 billion dollar figure doesn’t include the debt that was purchased with the deal). The combined value of XAI Holdings will be over $100 billion, at overvalued prices. The company just raised $1 billion this month.
Investors include include Deepwater Asset Management, Sequoia Capital, Andreessen Horowitz, Fidelity Investments, and BlackRock Inc. XAI thinks that the proprietary data at twitter-X will be a goldmine for AI trained on shitposting.
Global ad revenue at twitter-X is projected to be $2.26 billion this year, up 16.5% from last year. Projections are dubious and probably optimistic. 45/2.26 gives a forward looking P-Sales ratio of 20 (subscriptions are believed to be small in value). Microsoft, beneficiary of hefty valuations, has a price/sales ratio of 11. Disney has a more typical price sales ratio of 2.
Snort.
ETA: Substack might have more interesting training data.
It’s ponzis all the way down.
Can’t wait to see how it answers “was Hitler a bad guy?”
I’m sure investigating this will be a top priority of Trump’s SEC. 
Fair enough. Foist away!
Seems on-brand.
Some embarrassing-if-true data on Elon’s X followers has been posted:
Elmo claims his work will be done by the end of May, after which he can get back to ignoring his other responsibilities.
That is six months too long.
My understanding is that the position he’s in is temporary anyway; his appointment can only last up to 130 days.
According to a Justice Department summary, a special government employee is “anyone who works, or is expected to work, for the government for 130 days or less in a 365-day period.” Musk is not being paid, a person familiar with his employment told CNN.
I believe Musk was appointed in the middle of January (a week after Trump was inaugurated), so he would be hitting that 130 day limit around the end of May if my quick and lazy math is correct.
The middle of January would be 4 days before inauguration day. If FuXwit was appointed a week after the inauguration, it would have been no sooner than the 26th.
Elmo: The fundamental flaw of western civilization is empathy
Also Elmo: How come everyone is being so mean to me, stop.it guys it’s not faaaaaaaaaaaair
