News • 2 years ago

Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’

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Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’

News • 2 years ago

Elon Musk says Twitter cash flow is negative due to ad revenue declines, 'heavy debt'

Musk said early Saturday that cash flow at Twitter remains negative because of a nearly 50% drop in advertising revenue coupled with "heavy debt."

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2 years ago
Elon Musk being honest: Twitter numbers and financials are down bc I bought the company and ran it down

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