Hello fellow rebel capitalists hope you're well.

Elon Musk stepping down as Twitter CEO.

No more.

That was fast, wasn't it?

And he's also warning that they could be headed straight towards bankruptcy,

which is something that I talked about on a whiteboard video, what, like a week after he bought the company?

Something like that. It was pretty obvious that that's that was a real possibility and it

seems like unfortunately I guess maybe I was right.

So let's go over to this article from Zero Hedge.

Check it out.

Tesla shares jump after Twitter users vote for Elon Musk

to step down as chief twit or CEO whatever you want to call him and if you

haven't been following this he actually just put out a poll and said should I

step down yes or no and I'll abide by the results?

And the majority of the people said yes. I think it was like maybe 57 43

something like that.

And then Tesla shares near 5% in pre-market

or gained up 5% pre-market because everyone thinks

that he spread himself too thin,

now he's gonna be able to allocate more of his time and energy to Tesla and therefore the share price gets a bump.

I personally I would use that as a kind of a selling opportunity or a way to go short if I was going to

short the stock with polling closed and more than 17.5 million votes.

...