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Did Elon Musk Make the Worst Business Move Ever? · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: Let's focus on Elon Musk. Now, we talked about Mark
• 1:03
  Speaker 3: Ratcle is obviously I think one of the greatest, and
• 1:06
  Speaker 3: then of course Elon Musk is one of the greatest CEOs.
• 1:08
  Speaker 3: Of all time as well, from what he's did with
• 1:10
  Speaker 3: PayPal to SpaceX to Tesla Tesla. But even the greats
• 1:17
  Speaker 3: don't always aren't always successful. He pays forty four billion
• 1:20
  Speaker 3: dollars for a company that nobody thought was worth forty
• 1:23
  Speaker 3: four billion. He took all the verification badges away, which
• 1:30
  Speaker 3: that didn't work out in his favor, specific tries to
• 1:33
  Speaker 3: limit tweets, then gets copied in the same week. Will
• 1:38
  Speaker 3: this go down in history as one of the greatest
• 1:42
  Speaker 3: mumbles ever?
• 1:46
  Speaker 4: I believe so, and I'm not saying it to be sallacious,
• 1:49
  Speaker 4: but I'm trying to think of some of the acquisitions.
• 1:51
  Speaker 4: Of course, Facebook bought stole Instagram for a billion dollars.
• 1:55
  Speaker 4: I think YouTube is like one point two like forty
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  Speaker 4: four billion is the GD of some small countries for
• 2:02
  Speaker 4: not even like the fifth most popular social media app.
• 2:07
  Speaker 4: And then also too like he got back into buying
• 2:10
  Speaker 4: it by mistake, which was a win for.
• 2:12
  Speaker 2: The shareholders at the time. So like just speaking.
• 2:16
  Speaker 4: Out of turn, you have to be back into like
• 2:19
  Speaker 4: financing and then putting up some of your classic shares
• 2:22
  Speaker 4: to buy a dying product.
• 2:24
  Speaker 2: I think we can all agree that when we wake
• 2:27
  Speaker 2: up and you guys.
• 2:27
  Speaker 4: Can put yes and chat in the comments, but no
• 2:30
  Speaker 4: one here thinks about getting on Twitter for even this.
• 2:32
  Speaker 4: I see some of the employees at Twitter posts on
• 2:34
  Speaker 4: Instagram before they do their own Twitter page, and they
• 2:37
  Speaker 4: work at Twitter.
• 2:38
  Speaker 2: No one loves the environment.
• 2:39
  Speaker 4: The one thing I can say from the people I've
• 2:41
  Speaker 4: talked to at Meta since they have done the layoffs,
• 2:44
  Speaker 4: and it was like there's like some survivors remorse there
• 2:47
  Speaker 4: in HQ and the New York office. They are excited
• 2:50
  Speaker 4: to be there now though, because they feel like some
• 2:53
  Speaker 4: of the restrictions that were on them before have been
• 2:56
  Speaker 4: taken off and now they get to create freely.
• 3:00
  Speaker 2: And also too, we can talk about this. When you
• 3:01
  Speaker 2: have a hit that works for.
• 3:03
  Speaker 4: You, it's easier to put energy into that hit, like
• 3:07
  Speaker 4: the Ghana thing gives us life. Like in Keys as
• 3:09
  Speaker 4: a high level conversation, he does some with Billy that
• 3:12
  Speaker 4: gives it life, like you guys do something with Steve
• 3:15
  Speaker 4: or like episode was Symbol eighty five, which is great.
• 3:19
  Speaker 2: It gives you life. So now like the building is energized.
• 3:22
  Speaker 4: It's almost like when Universal has a hit record and
• 3:24
  Speaker 4: the entire building is behind that song. It's been a
• 3:29
  Speaker 4: research and that's not there in Twitter. So I think
• 3:32
  Speaker 4: this will definitely go down as like one of the
• 3:34
  Speaker 4: top ten mistakes. If he isn't able to turn us
• 3:35
  Speaker 4: around by twenty twenty seven eight, this would be one
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  Speaker 4: of his biggest blunders. But I always have said I'm
• 3:43
  Speaker 4: looking forward to see Eline be just extremely focused on Starlink, Tesla,
• 3:50
  Speaker 4: maybe hyper loop. But you have to have extreme focus
• 3:53
  Speaker 4: to make these projects work, especially when you're doing like
• 3:56
  Speaker 4: multi billion dollars like deca billion.
• 3:59
  Speaker 2: Businesses are international. It takes too much work to pull off.
• 4:03
  Speaker 4: Pull this offt for three companies and then having an
• 4:05
  Speaker 4: era a forty four billion while the economy was going down.
• 4:09
  Speaker 2: It was just a missign.
• 4:10
  Speaker 5: One of one of the things you listed that he
• 4:12
  Speaker 5: is great at creating companies, but one of the things
• 4:15
  Speaker 5: that we forget is that he's one of the greatest
• 4:17
  Speaker 5: marketers as well. Absolutely, and like we've seen that with
• 4:21
  Speaker 5: the companies he's created, we've seen that inside the cryptocurrency space,
• 4:24
  Speaker 5: and for this time it's actually been the inverse. His
• 4:27
  Speaker 5: negative talk about Threads is actually catapulted to a success
• 4:32
  Speaker 5: right after right like it's it's first, it's I want
• 4:36
  Speaker 5: to fight him, then it's I want to challenge them
• 4:38
  Speaker 5: to other things. Then it's the lawsuit and all that
• 4:41
  Speaker 5: has done has catapulted threads and Mark Zuckerbert's profile.
• 4:47
  Speaker 4: And then that Luckerberg got on Twitter after eleven years
• 4:49
  Speaker 4: and started posting exactly.
• 4:50
  Speaker 5: So it's like you you've now made this guy like
• 4:53
  Speaker 5: And now with one of the articles we were talking
• 4:54
  Speaker 5: about the Wall Street Journal utcle how Elon has made
• 4:56
  Speaker 5: Marcus Zuckerberg cool again, which is like interesting because that
• 5:00
  Speaker 5: I'm sure that's not the atten you're looking at your business,
• 5:02
  Speaker 5: but you're right, man, like, stopping and bleeding is one thing.
• 5:06
  Speaker 5: I'm not sure how you do that, But does that
• 5:08
  Speaker 5: now allow you to refocus on the main thing or
• 5:11
  Speaker 5: one of the main things, which is Tesla. Right, So
• 5:14
  Speaker 5: one of the things that he's done is this episode
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• 7:07
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 7:11
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 7:15
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 7:19
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 7:23
  Speaker 1: some of the heinous migrant criminals caught because of President
• 7:27
  Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 7:31
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 7:35
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 7:39
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 7:42
  Speaker 1: are here illegally, your next you will be fined nearly
• 7:46
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 7:50
  Speaker 1: never return. But if you register using our CBP home
• 7:54
  Speaker 1: app and leave now, you could be allowed to return legally.
• 7:58
  Speaker 1: Do what's right. Leave now. Under President Trump America's laws
• 8:03
  Speaker 1: border and families will.
• 8:04
  Speaker 5: Be protected sponsored by the United States Department of Homeland
• 8:07
  Speaker 5: Security is created.
• 8:08
  Speaker 2: Hey, I can't be the CEO of this.
• 8:11
  Speaker 5: I can't smart should a long time ago, which is
• 8:15
  Speaker 5: which is smart? But does that now become for the
• 8:19
  Speaker 5: next six to twelve months, do they become the full
• 8:23
  Speaker 5: person for the lack of success if there is.
• 8:26
  Speaker 2: If that is the case, what's.
• 8:26
  Speaker 3: The difference between Elon Musty and Yay.
• 8:30
  Speaker 2: What is the difference? Yeah, you asked my question.
• 8:33
  Speaker 3: What's the difference?
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  Speaker 4: I think the difference is like Kanye got railroaded by idea.
• 8:39
  Speaker 4: If we're gonna talk about the sneaker, his the rug
• 8:42
  Speaker 4: got poured from underneath him.
• 8:43
  Speaker 2: Elon caused this mistake.
• 8:45
  Speaker 4: Like I'm trying to think what company right now is
• 8:47
  Speaker 4: worth buying forty four billion and it's not that many.
• 8:50
  Speaker 2: Twitter isn't one of them. And if we can argue Twitter.
• 8:53
  Speaker 4: Hasn't affected lit ui ux been updated probably since what
• 8:58
  Speaker 4: twenty eleven, twenty two, Like, when's the last time people
• 9:00
  Speaker 4: had a great time on Twitter at scale? Maybe twenty thirteen,
• 9:03
  Speaker 4: twenty fourteen. The business was never great even when it
• 9:07
  Speaker 4: was still publicly traded, Like the shareholders were happy to
• 9:11
  Speaker 4: sell that to him just to get a little bit
• 9:13
  Speaker 4: above break even. I think it's like, if we're going
• 9:16
  Speaker 4: to speak honestly, Twitter being mismanaged is one of the
• 9:18
  Speaker 4: biggest blunders.
• 9:19
  Speaker 2: In tech history. Well beay, they had a lot of fanfare.
• 9:23
  Speaker 3: Well when I say what's the difference, like public perception?
• 9:26
  Speaker 3: Because I say, what's the public perception? What's the difference
• 9:30
  Speaker 3: between Elon Musk and Kanye West?
• 9:35
  Speaker 2: I'm mad. I'm taking this out a rhetorical question because
• 9:37
  Speaker 2: you're going to tell.
• 9:38
  Speaker 3: Us, yes, the difference is that Elon Musk is white.
• 9:44
  Speaker 3: Because the things that Elon Musk does, if any other
• 9:49
  Speaker 3: person of any ethnicity did it, especially if he was black,
• 9:54
  Speaker 3: he would not only be ridiculed, laughed at, called mentally ill,
• 9:59
  Speaker 3: he would probably they would try to probably.
• 10:02
  Speaker 2: Oh yeah, he'd be thrown out.
• 10:04
  Speaker 3: Take him from take all everything he had from him,
• 10:07
  Speaker 3: take his company away, say he's not fit to run
• 10:10
  Speaker 3: a company. But it's just amusement. So when he goes
• 10:15
  Speaker 3: on Twitter and he challenges Markus Zuckerberg to a penis
• 10:21
  Speaker 3: testing contest.
• 10:24
  Speaker 4: And for those of you who are listening, this is
• 10:27
  Speaker 4: a literal tweet.
• 10:28
  Speaker 2: This isn't and no, that's clean.
• 10:29
  Speaker 3: That's the what I just said with the Queen so
• 10:32
  Speaker 3: and this is the second richest person in the world
• 10:35
  Speaker 3: saying this on Twitter at some point. And it's freedom
• 10:40
  Speaker 3: of speech. You can say whatever you want. But let's
• 10:44
  Speaker 3: think about it, because, like I said, a variety of
• 10:47
  Speaker 3: different things that Kanye has done or his actions, he
• 10:50
  Speaker 3: has been called mentally ill, and maybe he is, but
• 10:53
  Speaker 3: I've never seen that. I've never seen that same pushback
• 10:57
  Speaker 3: or that same egregious type of vibe for Elon Musk
• 11:07
  Speaker 3: when he continuously every every day only person he's up
• 11:11
  Speaker 3: there with Trump as far as the thing that he's
• 11:13
  Speaker 3: that he said, and he's never apologized for it, and
• 11:16
  Speaker 3: he's never even criticized for it.
• 11:18
  Speaker 2: Nor is a.
• 11:22
  Speaker 4: I mean, the interesting thing is like if nothing else
• 11:25
  Speaker 4: would make him fix, this.
• 11:27
  Speaker 2: Is just a loss from threads.
• 11:29
  Speaker 4: Nothing Like my mother always says, like, if you want
• 11:31
  Speaker 4: to hit a person hard, hit him in their pockets.
• 11:35
  Speaker 4: And Zuckerberg has done this, whatever mma fight he wanted
• 11:38
  Speaker 4: to do with UFC, Zucker's Johnny Bones.
• 11:40
  Speaker 2: Jones right now, first round, knockout. You have to go.
• 11:44
  Speaker 4: You can't you can't joke your way out of this.
• 11:45
  Speaker 4: This reminds me a lot of the Drake and Meek
• 11:47
  Speaker 4: Mills situation. Zucker Burger's underdog.
• 11:51
  Speaker 2: Drake came out swinging game set match.
• 11:53
  Speaker 4: You have to readjust especially while we're in an economic decline,
• 11:57
  Speaker 4: because as a result, if Tesla does not continue to
• 12:01
  Speaker 4: do well, delivery numbers were great, but if the shareholders
• 12:04
  Speaker 4: are not getting a value. Steve Jobs arguably to me,
• 12:08
  Speaker 4: is like top four CEO all time.
• 12:10
  Speaker 2: When they took over Apple, we came back to better CEO.
• 12:12
  Speaker 4: I would hate for this kind of action, and these
• 12:15
  Speaker 4: kind of statements lead to a potential corporate takeover. The
• 12:19
  Speaker 4: boy of Testaboo, the boy calling him in front of meeting,
• 12:22
  Speaker 4: he needs to get focused.
• 12:23
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 12:27
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 12:31
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 12:35
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 12:39
  Speaker 1: some of the heinous migrant criminals caught because of President
• 12:43
  Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 12:47
  Speaker 1: Secretary of Homeland Security. Under President Trump, Attempted illegal border
• 12:51
  Speaker 1: crossings are at the lowest levels ever recorded and over
• 12:55
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 12:58
  Speaker 1: were here illegally, your next you will be fine nearly
• 13:02
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 13:06
  Speaker 1: never return. But if you register using our CBP home
• 13:10
  Speaker 1: app and leave now, you could be allowed to return legally.
• 13:14
  Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
• 13:19
  Speaker 1: border and families will be protected.
• 13:21
  Speaker 2: Sponsored by the United States Department of Homeland Security,