Musk says a 50% drop in ad revenue for Twitter is causing negative cash flow::Elon Musk says that Twitter’s cash flow is still in the red due to a 50% drop in advertising revenue.

  • @TheCelticPirate
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    1532 years ago

    Good thing he didn’t go woke or else Twitter would be going broke. /s

    • @j4k3
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      362 years ago

      Billionaires pay the idiots through misinformation to do their bidding. Selling to the idiots is to make yourself king idiot.

  • FuglyDuck
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    602 years ago

    Musk didn’t buy Twitter to make a profit.

    He bought Twitter to control the conversation.

    • @[email protected]
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      1082 years ago

      Musk didn’t buy Twitter to control the conversation, he bought it because his ego was too massive to just shut the fuck up for a minute and admit it was a stupid idea.

      He tried to pull out after he came to the same realization literally everyone had been shouting at him for months but was legally in too deep.

      • FuglyDuck
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        202 years ago

        It’s an ego thing. he wanted to be cool. Like Myspace tom.

        keep in mind that even at what he paid for it, it’s still not a loss he’s going to really feel. It’s the difference between his grandkids having their own G280 vs them having their own G800 gulfstream.

        • @vezrien
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          112 years ago

          He wanted to pretend to be interested long enough to read Amber Heards DMs and then back out. He didn’t count on Twitter wanting to sell.

      • @[email protected]
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        142 years ago

        I like the theory that he only wanted a reason to sell a large amount of Tesla shares without causing a panic sell.

    • @lapommedeterre
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      42 years ago

      Try, but seems to be failing at it. Also probably checking out everyone’s DMs.

  • @Candelestine
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    442 years ago

    Huh… I never woulda guessed that might happen. This is frankly, astounding, and extremely newsworthy. Surely there is a great deal we can learn from a deep dive into this doubtlessly extraordinarily complex topic.

  • @[email protected]
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    322 years ago

    Looks like advertisers don’t want to be associated with right wing terrorists and pedophiles.

    • @The_Nostromo
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      2 years ago

      Remember when Musk called that cave diver trying to rescue the soccer team a pedo because he called Musk out for how shitty his submarine idea was

    • @mhz
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      62 years ago

      A tacos most likely, I will know in the next 30min

      • @[email protected]
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        12 years ago

        Don’t make the taco too spicy. The feeling in the toilet is worse than Twitter’s negative cash flow :(

    • @daanzel
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      62 years ago

      Ordered a subway sandwich, ate the whole thing, now in regret…

    • @[email protected]
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      22 years ago

      I had a peanut butter and banana wrap (I was ay home, it was convenient) . Did you have anything with the rice or was it just plain?

      • @[email protected]
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        2 years ago

        Rice with chicken curry. One of the most delicious combinations which will never get old.

  • @drturtle
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    2 years ago

    Has he tried firing all the employees? I hear that helps with cash flow. /s

  • @LEDZeppelin
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    142 years ago

    What happened Elon? Did you forget to let all the lunatics loose and call it FrEe SpeEEeeEcH?

  • @DarthDarthBinks
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    132 years ago

    So we can assume reddit will go down the same road

  • @assembly
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    122 years ago

    He should probably stop cutting 5 figure checks to every MAGA crazy on Twitter then if finances are that bad.

  • @Captain_Patchy
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    122 years ago

    And exactly who’s fault IS that drop, elrod?

    • @markr
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      102 years ago

      The problem is obviously the Woke mind virus.

  • @xc2215x
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    112 years ago

    Advertisers don’t want him to pay extreme right wingers most likely.

  • @ricecooker
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    82 years ago

    We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else.

    And now Elon gets to play the same game that every other social network plays. Will be interesting to see how he reacts.

  • @cpo
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    62 years ago

    I wonder why that is.

    🙄