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'Heavy debt': Elon Musk says Twitter cash flow negative after ad revenue declines

www.cnbc.com Elon Musk says Twitter cash flow is negative due to ad revenue declines, '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."

Elon Musk says Twitter cash flow is negative due to ad revenue declines, '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."

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  • Yes, because rising road fatalities and having lower than average road fatalities are not mutually exclusive. Radar-era autopilot was incredibly safe, so even though Elon made the stupid decision to make it vision-based which has caused fatalities to go up, they're still below average. You can check NHTSA's ratings just type in Tesla in the search bar and you'll see that they've gotten a 5 star rating on every car in every category.

    Of course if you look at Tesla's own data they claim to the orders of magnitude safer, which I'm sure is only possible with some creative data manipulation, but it's silly to claim that Tesla's are less safe than average.

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