this post was submitted on 18 Jan 2025
337 points (92.4% liked)
Technology
60633 readers
3484 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 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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.
If he buys intel surely he is buying your investment in intel to do so?
Youre going to short it?
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.
Alternatively it could go up and up, Tesla style, as confusing as that is…
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?
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…
Reads more like the investment tanked and he's hoping for a recovery.
Shorting sounds nice though, long term.
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.
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.
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.