Elon Musk may have to sell billions in Tesla stock to rescue X - eviltoast

Musk’s repeated outbursts against advertisers have dried up the main source of revenue for the loss-making company formerly known as Twitter. A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped. At some point, he will have to provide a fresh infusion of cash to salvage his $44 billion takeover.

  • AA5B@lemmy.world
    link
    fedilink
    arrow-up
    2
    ·
    3 months ago

    Yes, he wanted to turn it into “we chat” for the rest of the world. How’s that going?