Anyone who had any illusions that Elon Musk could competently run a business must surely have lost them by now.
After a court forces him to follow through with his offer, Musk buys Twitter at a vastly inflated price, taking out billions in expensive loans to do so (because Musk's fortune is in stock, not in cash).
He fires half the staff without
(
Read more... )
Comments 2
Reply
I see things are just getting worse and worse for him. And Tesla stock is falling like a rock. And Twitter is starting to experience little issues - problems posting and replying, flaky metrics, etc.
What I mean with Apple was that they could remove Twitter from the App Store (and potentially even remove it from devices). There would be legal implications, but it could certainly be a problem for Musk.
The more I see of Must, the more unsavoury it gets - his liaisons, his children scattered here and there, and some of the weird stuff he does. I had quite a positive view of him a couple of years ago.
Reply
Leave a comment