In a reply to a tweet offering business advice, Musk tweeted Saturday, “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,” he concluded.
In April, Musk said most of the advertisers who left had returned and that the company might become cash-flow positive in the second quarter.
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Musk says Twitter is losing cash because advertising is down and the company is carrying heavy debtElon Musk says Twitter is still losing cash because advertising has dropped by half.
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Musk says Twitter losing cash because advertising is down and company is carrying heavy debtElon Musk says Twitter is still losing cash because advertising has dropped by half.
Consulte Mais informação »
Musk says Twitter is losing cash because advertising is down and the company is carrying heavy debtElon Musk says Twitter is still losing cash because advertising has dropped by half.
Consulte Mais informação »
Musk says Twitter is losing cash because advertising is down and the company is carrying heavy debtElon Musk says Twitter is still losing cash because advertising has dropped by half.
Consulte Mais informação »