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zephyy t1_ixfj5rk wrote

Reply to comment by Reasonable-Leave7140 in Will Elon have to sell more of his Tesla stock in order to keep Twitter alive? by G1lg4m3sh

Yeah, now that operate at a massive lost AND have to pay $1 billion in interest on loans financed for the acquisition.

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turbo_dude t1_ixh79rm wrote

At least the people who paid money up front for the tweets will have to wait until tweet 3.0 is launched - their money is trapped!. Should help with the cashflow. Just need to wait for that new gigatweet to open so the tweets can be produced faster/more cheaply.

Also the greenrocket subsidy from the government will help to shore up the production of tweets.

Also we built a test section of the tweet pipeline (1600 characters) and put some videos of it on youtube.

Also we sold some hats for the tweethole company that allows tweets to be sent underground.

It's fine, all under control.

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Reasonable-Leave7140 t1_ixfjeeu wrote

I mean-- except by firing the bloated staff they reduce the operating expenses?

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zephyy t1_ixfljzl wrote

Except

A) they have to pay those employees 3 months severance so it's not immediate

B) Twitter will eventually have to hire more people because they're operating on a skeleton crew comprised mostly of people on visas. See https://matthewtejo.substack.com/p/why-twitter-didnt-go-down-from-a for an example of why Twitter hasn't suffered a massive incident yet

c) There is no way they pay $1 billion in payroll alone per year. Their last quarterly General & Administrative was $217 million.

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Reasonable-Leave7140 t1_ixfnt1l wrote

Yeah- I don't buy any of these "twitter is doomed" narratives; these are all being floated by people with an agenda.

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