Elon Musk said over the weekend that Twitter's advertising revenue has fallen by 50% since he bought the company, and that it's not cash flow positive.
  • @xenomorEnglish
    21•1 year ago

    The real question in my mind, is will the investment markets punish Musk as a result of such an epic demonstration of business incompetence. For whatever reason they haven’t done that so far.

    • @bob_wileyEnglish
      -7•11 months ago

      deleted by creator

      • @FrittoEnglish
        24•1 year ago

        Musk is the CEO of a publicly traded company (Tesla) and the CEO of a company that just recently sold shares on the secondary market (SpaceX). The valuation of these companies is wrapped up in market sentiment about Elon Musk.

        • @bob_wileyEnglish
          -11•11 months ago

          deleted by creator

          • @THE_STORM_BLADEEnglish
            9•1 year ago

            The valuation of those companies should be wrapped up in their performance, financials, and future outlook.

            Yeahhhhh, about that…