this post was submitted on 27 Oct 2023
688 points (86.1% liked)
Technology
59223 readers
3444 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Well he made PayPal.
So he probably knows a thing or two about the financial sector.
Maybe he'll integrate PayPal into X
He didn't though.
Don't believe all the bullshit about what he has "created". He was fired, but got to keep is equity. Peter Thiel was the PayPal founder.
Tesla was founded by Martin Eberhard and Marc Tarpenning in 2008.
For a long while, Elon was very successful and very popular. Like most CEOs, he claimed all the work at Tesla and SpaceX is of his own creation. And sure, I am sure he was responsible for a lot of the financial success of those two companies. He sets goals for a company and the people in those companies try to achieve those goals. In Elon's case, he sets many goals and many projections that tend to fall flat. That doesn't matter if you are successful in getting more investors and boost stock prices.
However, once he started running his mouth on Twitter, it became very clear that his charisma couldn't keep up.
Also, the financial sector is nothing like it was when PayPal was founded. There weren't regulations in place that could apply directly to that kind of company yet. While he may know more about the financial sector simply because he deals with many more zeros on a daily basis, his "revolutionary" description of how he wants to transform X shows that he is way out of touch.
Quite simply, Elon has proven that he cannot be trusted, especially when it comes to reporting anything financial. For example, him and the "CEO" of X are currently saying that advertisers are returning at record rates. This is getting proven wrong, or being shown as misleading at best.
Nope, PayPal bought his x.com company and fired him as the CEO.
might wanna read up on how that actually went down. he didn't make paypal. he also didn't make tesla, or spaceX.
He didn't make paypal. Not even a founder.
Wasn't his company bought out by PayPal?
No another fascist created PayPal.