Up 20% on the news that Elon has almost 10% share.
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Somewhat OT: Musk taking a 9 % stake in Twitter according to an SEC filing. TWTR up 26 % pre mkt...
Free speech isn’t the problem, so much as finding a way to reduce the impact of fake news and trolls, and the algorithms that create bubbles. I’ll add that a lot of these problems are related to the rampant monetization of content.
Moderation and free speech can coexist. Communities in reddit are 100% moderated while individuals are free to say what they want in their own profiles and self created communities.
Item 4. | Ownership. |
Twitter can run their company however they want. If they want to ban certain people, that's up to them. They do not have a duty to let anyone say anything they want. I am not supportive of Elon trying to open the floodgates to let that happen.
If so, he now needs to file 13D.That quoted section is informative- but pretty clearly is just about the kinds of discussions the shareholder can have under a 13G. Actually becoming a board member is active, period full stop.
Actually, if they want to continue to benefit from the protection of Section 230, than they might *actually* have a duty to let anyone say anything they want.
They don't get to suppress some speech while promoting other speech and then claim immunity as a neutral publisher of "third-party content". If twitter is choosing which words go public, it's no longer "third-party".
I am worried about Elon influence on twitter. If he gets twitter to just say everything goes which results in Trump coming back to twitter I know a number of people who will look to get out of owning TSLA including all of my family. Number of them have had a hard time with the allegations in California, but that requires trial to proof that Elon and executives were complicit. Twitter saying you know what say whatever you want and face no consequences will be put right on Elon.
No, there is a difference between "active" and "activist". It's pretty clear he was invited onto the board.If so, he now needs to file 13D.
I think you're adressing @Knightshade more than me. My point was, even *if* being on the board requires a 13D vs 13G, until that happened, the 13G was fine.No, there is a difference between "active" and "activist". It's pretty clear he was invited onto the board.
I can't say I'm happy about Elon taking time away from Tesla to get more involved with social media. It's not that important an issue compared to sustainable energy and transportation.