Musk said early Saturday that cash flow at Twitter remains negative because of a nearly 50% drop in advertising revenue coupled with “heavy debt.”
Musk said early Saturday that cash flow at Twitter remains negative because of a nearly 50% drop in advertising revenue coupled with “heavy debt.”
Well, Tesla is publicly traded, makes money, and clearly their cars work because they have lower than average road fatalities. With the disparity of how badly Twitter’s being run vs Tesla I wonder how long it’s been since Elon’s actually been in charge of anything other than being a spokesperson for Tesla.
@Catch42
@kuontom @const_void
No one really knows if Tesla makes money. It’s been long noticed that Musk is extremely dishonest and could easily be faking all of the numbers.
It’s a public company, there are legal requirements for reporting its cash flows to its shareholders. If they’re being fudged to that degree then that’s massive fraud and Musk would be in very serious legal trouble.
@FaceDeer
@kuontom @const_void @Catch42
We live in the age of fraud. It’s easy to fake those numbers. Hell, the regulations will even help you defraud investors. In fact, you should google Wirecard as an example of this, and realize that it is totally possible to happen again. Also, look at how rich Musk already is and realize he has already gotten away with it. Legal trouble just means he may retire in slightly less comfort than he would’ve anyways.
To be fair, they’ve got the killed-or-injured-by-a-software-driven-vehicle market virtually cornered.
Lower fatalities is a function of the driver type, not of the car.