• psycho_driver@lemmy.world
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    2 days ago

    Mixed feelings about this as someone with a relatively (per my portfolio) huge investment in Intel. It would result, eventually, in the end of Intel. But so many dumb people with so much money keep throwing money at his crap companies so it might work out in the short term to get out with a profit.

      • Echo Dot@feddit.uk
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        1 day ago

        I think the point is the stock would actually go up if Musk buys it because people think he’s a great businessman, despite all the evidence to the country. So no need to short it, just sell at the peak and duck out before he manages to crash and burn. Again.

          • Echo Dot@feddit.uk
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            7 hours ago

            I only have a very passing interest in the stock market and that’s only because I have my pension as relatively high risk stock (it’s not really that high of a risk, that’s just what they call it).

            But in the world with Apple, Google and and the traditional big car manufacturers, why on Earth when anyone invest in Tesla?

            • ThomasCrappersGhost@feddit.uk
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              6 hours ago

              I agree. I keep hearing how terrible their cars are and we all know how much of a loon he is…surely anyone with any business sense would stay well away from that company, or companies affiliated with Musk? But what do I know…

      • viking@infosec.pub
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        1 day ago

        Reads more like the investment tanked and he’s hoping for a recovery.

        Shorting sounds nice though, long term.

    • NotMyOldRedditName@lemmy.world
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      20 hours ago

      On the social media front Elon literally knows nothing, but it’s impossible to deny that he hasn’t helped build 2 companies that know how to manufacturer complex hardware at scale. To deny that just shows ignorance.

      So while Intel has so many problems, and there’s the whole politics disaster side of things, he might not actually cause the end of Intel from a hardware perspective.

      • towerful@programming.dev
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        17 hours ago

        I don’t know that he has helped build anything. He has helped hype 2 companies.
        He did great PR when someone was managing him, but recently his PR is poison.
        SpaceX is managed by someone competent, musk has - quite frankly - little to do with the company.
        Tesla is riding the hype from before musk took off the mask. I give them 4 years, tops. If it’s not already on the way down.

        Intel needs to be run and managed by engineers. That’s what we want from core components. Not hype, not bubbles, not marketing speak, not fancy names and confusing part numbers. We want actual engineers who have thought through the implications of their decisions all the way to the end consumer. We want hardware that works and is predictable.

        • NotMyOldRedditName@lemmy.world
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          12 hours ago

          Tom Mueller the person who was at SpaceX at the start would wholly disagree with you and says so online, as have other people, but instead people just say they are saving face and rely on anonymous sources to say he does jack all.

          So like I said, ignorance.

          It’s blissful sure, but it’s ignorance.

          Edit: there are plenty of reasons to hate and dunk on the dude, but people love to enhance it with stuff like he doesn’t and never did do anything to make their hate seem even more worthy. All it does though is make you look ignorant.