Submitted by G1lg4m3sh t3_z2ais6 in wallstreetbets
Karl_Spakler_ t1_ixfkg9z wrote
Reply to comment by Karl_Spakler_ in Will Elon have to sell more of his Tesla stock in order to keep Twitter alive? by G1lg4m3sh
And on that note….just spitballing here but….doesn’t ford spend like 4 billion a year in advertising? Soooo in like 20 years, would this purchase pay for itself in Tesla, spacex/starlink, boring, etc. adverts alone ?
Solid-Cranberry-4035 t1_ixfo9ri wrote
Right on! Elon should hire us to run Twitter.
Adventurous_Wonder21 t1_ixfs8ok wrote
I could see it panning out in like 5-10 years. But for now I don't think it's a good way for tesla to market thier cars. Twitters average user makes under 75k and is under 35, teslas average buyer is older and makes significantly more. It could work long term but that depends on Elon keeping Twitter from blowing up and twitter retaining its users into thier 40s.
This is not financial advice.
Warmest regards
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oiland420 t1_ixg5jrt wrote
How old is the average Tesla Driver? Are the old people purchasing them for younger sugar babies?
Adventurous_Wonder21 t1_ixilpep wrote
According to tesla the average model 3 owner is 54
oiland420 t1_ixjo7hf wrote
Thanks! I assumed younger, but I can see how the price could limit who can afford one.
Adventurous_Wonder21 t1_ixk1rwg wrote
Take that as you will bit it's also worth noting the most recent source containing that number I can find is from 2018 and no updated data is available
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