Since he took over Twitter last October, Elon Musk has multiplied experiments of all kinds: now the number of interactions generated by a tweet is shown, and the billionaire has even announced that he will leave the management of the social network, according to the results of the survey that he himself put online this Monday.
In a podcast posted this weekend on YouTube, Elon Musk says more about Twitter’s financial situation: “It’s a real roller coaster… It’s up and down, it’s the least we can say, but overall it seems to be on the rise.” . the right direction,” he said. “We have managed to control expenses, so the company is no longer on the fast track to bankruptcy.”
An uncertain economic future
Despite the $44 billion takeover of Twitter, the company’s financial health is in question: two weeks after taking control, Elon Musk had warned employees that the company could not “survive the next economic recession”. This is what could have motivated him to lead the dismissal of more than half of the workforce, before changing his mind in extremis.
It must be said that the stakes are high because the head of SpaceX had to sell close to 4 billion dollars in Tesla shares to pay the network to the blue bird. His controversial political positions have also chilled some of the platform’s advertisers.
“My error rate and my role as the main tweeter will decrease over time, but at the beginning we will make many more errors because I am new,” he defends himself, although it remains to be seen if this will be enough to pay him the interest. about the debt of more than 12,000 million euros that he contracted to buy Twitter.
Source: BFM TV
