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'Heavy debt': Elon Musk says Twitter cash flow negative after ad revenue declines (www.cnbc.com)
submitted 3 years ago* by 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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[–] 2 points 3 years ago (1 child)

Mazda is a "small company?" Ok.

Plenty of companies have been going broke in the past decade.

If Musk's companies are small I don't see why everyone's so obsessed with him.

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  • [–] 2 points 3 years ago

    @FaceDeer

    @kuontom @const_void

    2023 is the beginning of the end of ZIRP. Of course starting now, a lot of companies are going bankrupt. But that hasn't reached Tesla yet.

    Also, who goes around thinking Mazda is this huge company? Sure, it is a not as small as say, a startup company, but it is still consider small.

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