Musk says Twitter is losing cash because advertising is down and the company is carrying heavy debt

  • 📰 AP
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Elon Musk says Twitter is losing cash because advertising is still down sharply and the social media company is carrying heavy debt.

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.

”Other newsTesla says its first electric pickup has rolled off the assembly line. Elon Musk’s company tweeted a photo Saturday showing scores of workers in helmets and yellow vests surrounding the vehicle, which Tesla calls the Cybertruck.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 728. in İT

Italia Ultime Notizie, Italia Notizie