4 ms·
Post Elon, they are not-turning-a-profit.
by marcusb 3y ago
Post Elon, they are not-turning-a-profit.
- prepend 3y agoAre their losses greater or less than pre purchase. I know revenue is down, but I wonder how the cost cuts affected margin.
- simonw 3y agoThey made a profit in 2018 and 2019 ($1.2bn and $1.45bn according to SEC filings) but not in any other year.
- Aeolun 3y agoPresumably they could have done Elon’s massive firing spree at any point in time and become profitable overnight?
- StackRanker3000 3y agoDon’t forget the massive amount of new debt that needs servicing.
- miohtama 3y agoThey will, but it would likely need restructuring the debts and the cap table, and would not be Elon's Twitter anymore.
- marcusb 3y agoYes, if the business was different, it would be different.