3 ms·

what about that losing $4mil/day quote? was that false

• acdha 4y ago
  That number is curiously close to the reported cost of the new debt Musk added. I don’t have inside information but considering how the acquisition reportedly started deterring ad buys almost as soon as it was announced, it’s very easy to imagine that they were in fact losing money in November but would not have been had the deal never happened.
• aetimmes 4y ago
  The $4M/day figure was based on the aforementioned $1B/yr in interest payments.