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liamwestray | 3 years ago
A guy who got a court-ordered twitter-sitter should probably not be in charge of Twitter as he doesn’t seem to understand what protected speech is.
You don’t get to say whatever you want as the CEO of a publicly traded company without consequences — especially as it relates to stock prices and shareholder information.
You don’t get to argue that a company is infringing on your right to free speech — that’s not how free speech works.
As a long-time Musk fan, I find this unhealthy obsession with Twitter to really be the final straw. The man is unhinged and may be completely undermining all the good SpaceX and Tesla are capable of.
raxxorraxor|3 years ago
De jure, but there is a far larger concept behind it. And it is very easy to differentiate here so don't be intentionally stupid.
liamwestray|3 years ago
We have a free market, multiple social platforms exist. Ones that moderate certain content lose certain users. You can chose what level of moderation you want as a customer and platforms can choose what level of moderation they want a business. Moderation technology as a service exists already.
Elon is trying to short-circuit the basic principles of free speech because he lied in a way c-suite executives and directors are not legally allowed to lie as it runs afoul of anti-fraud laws. You may not yell fire in a crowded theatre and you may not use free speech to commit fraud or when you are subject to disclosure laws you may not use free speech as a defense for breaking them.
When you are a corporate officer or director of publicly traded company you agree to following securities laws, specifically not making false statements that may impact stock prices.
Elon's antics got him a twitter-sitter and now he wants to own twitter in some sort of byzantine strategy to get around rules he agreed to (and their consequences necessitating a twitter-sitter) and have helped make him incredibly wealthy.
His arguments about open-sourcing algorithms and protecting free speech are not the actual reasons for his bid to take over twitter, he has simply amassed enough money to try to own a media outlet for the influence he could wield with it. He probably also thinks he can skirt SEC/Judicial rulings about his behavior on twitter if he owns it outright. At Elon's level of wealth, the only thing left to buy is more influence.
PaulHoule|3 years ago
It is Elon Musk's brilliance that makes his stupidity so poignant. Electric cars will survive him and will survive Tesla but what he's doing in space travel is so important that he shouldn't undermine it.
raxxorraxor|3 years ago