WEBVTT - Did Elon Musk Make the Worst Business Move Ever?

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:00:11.920 --> 0:00:15.840
<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:00:31.760 --> 0:00:34.960
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:00:35.040 --> 0:00:38.920
<v Speaker 1>are here illegally, your next you will be fined nearly

0:00:39.000 --> 0:00:43.000
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

0:00:43.040 --> 0:00:46.680
<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security.

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<v Speaker 3>Let's focus on Elon Musk. Now, we talked about Mark

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<v Speaker 3>Ratcle is obviously I think one of the greatest, and

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<v Speaker 3>then of course Elon Musk is one of the greatest CEOs.

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<v Speaker 3>Of all time as well, from what he's did with

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<v Speaker 3>PayPal to SpaceX to Tesla Tesla. But even the greats

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<v Speaker 3>don't always aren't always successful. He pays forty four billion

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<v Speaker 3>dollars for a company that nobody thought was worth forty

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<v Speaker 3>four billion. He took all the verification badges away, which

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<v Speaker 3>that didn't work out in his favor, specific tries to

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<v Speaker 3>limit tweets, then gets copied in the same week. Will

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<v Speaker 3>this go down in history as one of the greatest

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<v Speaker 3>mumbles ever?

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<v Speaker 4>I believe so, and I'm not saying it to be sallacious,

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<v Speaker 4>but I'm trying to think of some of the acquisitions.

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<v Speaker 4>Of course, Facebook bought stole Instagram for a billion dollars.

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<v Speaker 4>I think YouTube is like one point two like forty

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<v Speaker 4>four billion is the GD of some small countries for

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<v Speaker 4>not even like the fifth most popular social media app.

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<v Speaker 4>And then also too like he got back into buying

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<v Speaker 4>it by mistake, which was a win for.

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<v Speaker 2>The shareholders at the time. So like just speaking.

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<v Speaker 4>Out of turn, you have to be back into like

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<v Speaker 4>financing and then putting up some of your classic shares

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<v Speaker 4>to buy a dying product.

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<v Speaker 2>I think we can all agree that when we wake

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<v Speaker 2>up and you guys.

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<v Speaker 4>Can put yes and chat in the comments, but no

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<v Speaker 4>one here thinks about getting on Twitter for even this.

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<v Speaker 4>I see some of the employees at Twitter posts on

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<v Speaker 4>Instagram before they do their own Twitter page, and they

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<v Speaker 4>work at Twitter.

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<v Speaker 2>No one loves the environment.

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<v Speaker 4>The one thing I can say from the people I've

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<v Speaker 4>talked to at Meta since they have done the layoffs,

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<v Speaker 4>and it was like there's like some survivors remorse there

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<v Speaker 4>in HQ and the New York office. They are excited

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<v Speaker 4>to be there now though, because they feel like some

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<v Speaker 4>of the restrictions that were on them before have been

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<v Speaker 4>taken off and now they get to create freely.

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<v Speaker 2>And also too, we can talk about this. When you

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<v Speaker 2>have a hit that works for.

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<v Speaker 4>You, it's easier to put energy into that hit, like

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<v Speaker 4>the Ghana thing gives us life. Like in Keys as

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<v Speaker 4>a high level conversation, he does some with Billy that

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<v Speaker 4>gives it life, like you guys do something with Steve

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<v Speaker 4>or like episode was Symbol eighty five, which is great.

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<v Speaker 2>It gives you life. So now like the building is energized.

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<v Speaker 4>It's almost like when Universal has a hit record and

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<v Speaker 4>the entire building is behind that song. It's been a

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<v Speaker 4>research and that's not there in Twitter. So I think

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<v Speaker 4>this will definitely go down as like one of the

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<v Speaker 4>top ten mistakes. If he isn't able to turn us

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<v Speaker 4>around by twenty twenty seven eight, this would be one

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<v Speaker 4>of his biggest blunders. But I always have said I'm

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<v Speaker 4>looking forward to see Eline be just extremely focused on Starlink, Tesla,

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<v Speaker 4>maybe hyper loop. But you have to have extreme focus

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<v Speaker 4>to make these projects work, especially when you're doing like

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<v Speaker 4>multi billion dollars like deca billion.

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<v Speaker 2>Businesses are international. It takes too much work to pull off.

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<v Speaker 4>Pull this offt for three companies and then having an

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<v Speaker 4>era a forty four billion while the economy was going down.

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<v Speaker 2>It was just a missign.

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<v Speaker 5>One of one of the things you listed that he

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<v Speaker 5>is great at creating companies, but one of the things

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<v Speaker 5>that we forget is that he's one of the greatest

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<v Speaker 5>marketers as well. Absolutely, and like we've seen that with

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<v Speaker 5>the companies he's created, we've seen that inside the cryptocurrency space,

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<v Speaker 5>and for this time it's actually been the inverse. His

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<v Speaker 5>negative talk about Threads is actually catapulted to a success

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<v Speaker 5>right after right like it's it's first, it's I want

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<v Speaker 5>to fight him, then it's I want to challenge them

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<v Speaker 5>to other things. Then it's the lawsuit and all that

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<v Speaker 5>has done has catapulted threads and Mark Zuckerbert's profile.

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<v Speaker 4>And then that Luckerberg got on Twitter after eleven years

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<v Speaker 4>and started posting exactly.

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<v Speaker 5>So it's like you you've now made this guy like

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<v Speaker 5>And now with one of the articles we were talking

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<v Speaker 5>about the Wall Street Journal utcle how Elon has made

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<v Speaker 5>Marcus Zuckerberg cool again, which is like interesting because that

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<v Speaker 5>I'm sure that's not the atten you're looking at your business,

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<v Speaker 5>but you're right, man, like, stopping and bleeding is one thing.

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<v Speaker 5>I'm not sure how you do that, But does that

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<v Speaker 5>now allow you to refocus on the main thing or

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<v Speaker 5>one of the main things, which is Tesla. Right, So

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<v Speaker 5>one of the things that he's done is this episode

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:07:19.680 --> 0:07:23.560
<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy Noman, the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:07:35.880 --> 0:07:39.440
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:07:39.520 --> 0:07:42.720
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 1>are here illegally, your next you will be fined nearly

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<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump America's laws

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<v Speaker 1>border and families will.

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<v Speaker 5>Be protected sponsored by the United States Department of Homeland

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<v Speaker 5>Security is created.

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<v Speaker 2>Hey, I can't be the CEO of this.

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<v Speaker 5>I can't smart should a long time ago, which is

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<v Speaker 5>which is smart? But does that now become for the

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<v Speaker 5>next six to twelve months, do they become the full

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<v Speaker 5>person for the lack of success if there is.

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<v Speaker 2>If that is the case, what's.

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<v Speaker 3>The difference between Elon Musty and Yay.

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<v Speaker 2>What is the difference? Yeah, you asked my question.

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<v Speaker 3>What's the difference?

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<v Speaker 4>I think the difference is like Kanye got railroaded by idea.

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<v Speaker 4>If we're gonna talk about the sneaker, his the rug

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<v Speaker 4>got poured from underneath him.

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<v Speaker 2>Elon caused this mistake.

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<v Speaker 4>Like I'm trying to think what company right now is

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<v Speaker 4>worth buying forty four billion and it's not that many.

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<v Speaker 2>Twitter isn't one of them. And if we can argue Twitter.

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<v Speaker 4>Hasn't affected lit ui ux been updated probably since what

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<v Speaker 4>twenty eleven, twenty two, Like, when's the last time people

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<v Speaker 4>had a great time on Twitter at scale? Maybe twenty thirteen,

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<v Speaker 4>twenty fourteen. The business was never great even when it

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<v Speaker 4>was still publicly traded, Like the shareholders were happy to

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<v Speaker 4>sell that to him just to get a little bit

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<v Speaker 4>above break even. I think it's like, if we're going

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<v Speaker 4>to speak honestly, Twitter being mismanaged is one of the

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<v Speaker 4>biggest blunders.

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<v Speaker 2>In tech history. Well beay, they had a lot of fanfare.

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<v Speaker 3>Well when I say what's the difference, like public perception?

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<v Speaker 3>Because I say, what's the public perception? What's the difference

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<v Speaker 3>between Elon Musk and Kanye West?

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<v Speaker 2>I'm mad. I'm taking this out a rhetorical question because

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<v Speaker 2>you're going to tell.

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<v Speaker 3>Us, yes, the difference is that Elon Musk is white.

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<v Speaker 3>Because the things that Elon Musk does, if any other

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<v Speaker 3>person of any ethnicity did it, especially if he was black,

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<v Speaker 3>he would not only be ridiculed, laughed at, called mentally ill,

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<v Speaker 3>he would probably they would try to probably.

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<v Speaker 2>Oh yeah, he'd be thrown out.

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<v Speaker 3>Take him from take all everything he had from him,

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<v Speaker 3>take his company away, say he's not fit to run

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<v Speaker 3>a company. But it's just amusement. So when he goes

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<v Speaker 3>on Twitter and he challenges Markus Zuckerberg to a penis

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<v Speaker 3>testing contest.

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<v Speaker 4>And for those of you who are listening, this is

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<v Speaker 4>a literal tweet.

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<v Speaker 2>This isn't and no, that's clean.

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<v Speaker 3>That's the what I just said with the Queen so

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<v Speaker 3>and this is the second richest person in the world

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<v Speaker 3>saying this on Twitter at some point. And it's freedom

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<v Speaker 3>of speech. You can say whatever you want. But let's

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<v Speaker 3>think about it, because, like I said, a variety of

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<v Speaker 3>different things that Kanye has done or his actions, he

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<v Speaker 3>has been called mentally ill, and maybe he is, but

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<v Speaker 3>I've never seen that. I've never seen that same pushback

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<v Speaker 3>or that same egregious type of vibe for Elon Musk

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<v Speaker 3>when he continuously every every day only person he's up

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<v Speaker 3>there with Trump as far as the thing that he's

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<v Speaker 3>that he said, and he's never apologized for it, and

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<v Speaker 3>he's never even criticized for it.

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<v Speaker 2>Nor is a.

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<v Speaker 4>I mean, the interesting thing is like if nothing else

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<v Speaker 4>would make him fix, this.

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<v Speaker 2>Is just a loss from threads.

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<v Speaker 4>Nothing Like my mother always says, like, if you want

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<v Speaker 4>to hit a person hard, hit him in their pockets.

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<v Speaker 4>And Zuckerberg has done this, whatever mma fight he wanted

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<v Speaker 4>to do with UFC, Zucker's Johnny Bones.

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<v Speaker 2>Jones right now, first round, knockout. You have to go.

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<v Speaker 4>You can't you can't joke your way out of this.

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<v Speaker 4>This reminds me a lot of the Drake and Meek

0:11:47.400 --> 0:11:50.640
<v Speaker 4>Mills situation. Zucker Burger's underdog.

0:11:51.160 --> 0:11:53.520
<v Speaker 2>Drake came out swinging game set match.

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<v Speaker 4>You have to readjust especially while we're in an economic decline,

0:11:57.520 --> 0:12:01.000
<v Speaker 4>because as a result, if Tesla does not continue to

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<v Speaker 4>do well, delivery numbers were great, but if the shareholders

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<v Speaker 4>are not getting a value. Steve Jobs arguably to me,

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<v Speaker 4>is like top four CEO all time.

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<v Speaker 2>When they took over Apple, we came back to better CEO.

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<v Speaker 4>I would hate for this kind of action, and these

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<v Speaker 4>kind of statements lead to a potential corporate takeover. The

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<v Speaker 4>boy of Testaboo, the boy calling him in front of meeting,

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<v Speaker 4>he needs to get focused.

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas. Man of Venezuelan charged with

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<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy Noman, the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, Attempted illegal border

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<v Speaker 1>crossings are at the lowest levels ever recorded and over

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<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 1>were here illegally, your next you will be fine nearly

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<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump America's laws,

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<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security,