While true, we are only talking about $2 to $3 Billion in losses a year.
How long do you think it’d take before Elon truly felt that burn? Maybe 5+ years, right? Maybe longer.
This is a man who conjured up $20+ Billion in cash last year to buy Twitter after all. He can take a few $2 or $3 Billion losses for a while.
Now SpaceX is also losing money and Tesla also looks like it’s lost a ton of reputation. So that’s what’s gonna hurt Elon. But Twitter nonsense is unfortunately a rounding error in all of this.
While true, we are only talking about $2 to $3 Billion in losses a year.
How long do you think it’d take before Elon truly felt that burn? Maybe 5+ years, right? Maybe longer.
This is a man who conjured up $20+ Billion in cash last year to buy Twitter after all. He can take a few $2 or $3 Billion losses for a while.
Now SpaceX is also losing money and Tesla also looks like it’s lost a ton of reputation. So that’s what’s gonna hurt Elon. But Twitter nonsense is unfortunately a rounding error in all of this.