Musk says a 50% drop in ad revenue for Twitter is causing negative cash flow

https://lemmy.world/post/1557469

Musk says a 50% drop in ad revenue for Twitter is causing negative cash flow - Lemmy.world

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.

Good thing he didn’t go woke or else Twitter would be going broke. /s
Billionaires pay the idiots through misinformation to do their bidding. Selling to the idiots is to make yourself king idiot.

Musk didn’t buy Twitter to make a profit.

He bought Twitter to control the conversation.

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.

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.

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.
I like the theory that he only wanted a reason to sell a large amount of Tesla shares without causing a panic sell.
Try, but seems to be failing at it. Also probably checking out everyone’s DMs.
What happened Elon? Did you forget to let all the lunatics loose and call it FrEe SpeEEeeEcH?
He should probably stop cutting 5 figure checks to every MAGA crazy on Twitter then if finances are that bad.
No, you are. Jackass lol
Has he tried firing all the employees? I hear that helps with cash flow.
@[email protected] in 1 week
@Elephant0991 Ok, I will remind you on Saturday Jul 22, 2023 at 9:46 PM PDT.

I wonder why that is.

🙄

So we can assume reddit will go down the same road
Looks like advertisers don’t want to be associated with right wing terrorists and pedophiles.
Remember when Musk called that cave diver thing to rescue the soccer team a pedo? Wtf was that
And exactly who’s fault IS that drop, elrod?
The problem is obviously the Woke mind virus.
Oh no, that’s so sad! Anyway, what did you guys have for lunch? I had rice
A tacos most likely, I will know in the next 30min
Don’t make the taco too spicy. The feeling in the toilet is worse than Twitter’s negative cash flow :(
Ordered a subway sandwich, ate the whole thing, now in regret…
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?
Chicken curry. One of the most delicious combinations which will never get old.
Advertisers don’t want him to pay extreme right wingers most likely.