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Does the fact that Twitter is wildly financially unsustainable under Musk's leadership ever come up in these executive conversations? Because if not, I'd say it
by rurp 3y ago
Does the fact that Twitter is wildly financially unsustainable under Musk's leadership ever come up in these executive conversations? Because if not, I'd say it doesn't reflect well on those folks.
The purchase agreement was an objectively terrible deal for Musk. Axing all of those workers is directly related to how much revenue has fallen.
Elon has increased costs (via debt) and slashed revenue. In any other context this would be a laughable failure, but I guess his weird charisma has a lot of appeal for certain people.
Maybe in a few years when Tesla has declared bankruptcy or Elon has had to pump $xxB into the company to keep it afloat those people will reevaluate. I'm joking, of course they won't.