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'Heavy debt': Elon Musk says Twitter cash flow negative after ad revenue declines (www.cnbc.com)

submitted 1 year ago* (last edited 1 year ago) by kuontom@kbin.social to c/tech@kbin.social

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Musk said early Saturday that cash flow at Twitter remains negative because of a nearly 50% drop in advertising revenue coupled with "heavy debt."

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[–] communist@beehaw.org 6 points 1 year ago

I trust his companies when I know the engineers don't let him have any say whatsoever.

Neuralink and spacex are interesting to watch, because how badly could he fuck them up in a way that engineers will let him? Not much.

Tesla is just on the edge of being fucked up by him, his weird yoke and insistence on capacitive buttons are very close to being too much... but the thing that made me finally decide not to ever get a tesla was his insistence on using exclusively cameras instead of cameras+radar for autopilot.

If you don't care about self-driving, and don't care about the yoke/capacitive buttons, teslas are fine cars.