The Email Caste's Last Stand

Re:The Email Caste's Last Stand by cafard on Tuesday November 08, 2022 @01:06PM (#33522101)

"Once he got access to the company’s finances, the Tesla boss realized it was losing millions of dollars every day, and that many of its employees weren’t doing much work at all."

Once he took possession of the company, he had to demonstrate that it was somebody else's fault that the finances make no sense.

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Re:The Email Caste's Last Stand by Taniwha on Tuesday November 08, 2022 @01:20PM (#33522322)

Yeah he obviously knew all this by the time he took over it was why he was trying to get out of the stupid deal he'd done without full due diligence - and besides that - 3/4 of the $4M a day Twitter is losing is the $1B a year interest from Musk's bad deal

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Re:The Email Caste's Last Stand by bilbo0s on Tuesday November 08, 2022 @01:39PM (#33522581)

and besides that - 3/4 of the $4M a day Twitter is losing is the $1B a year interest from Musk's bad deal

To be honest, that's what seems so disingenuous about this article. Why, on Earth, would you fail to mention the fact that the boss is, for the most part, trying to fix losses that he, himself, incurred?

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Re:The Email Caste's Last Stand by TheLoafOfBread on Tuesday November 08, 2022 @01:20PM (#33522314)

It was publicly traded company, with publicly available and known finances. How this can be an excuse?

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Re:The Email Caste's Last Stand by jklinger410 on Tuesday November 08, 2022 @01:22PM (#33522338)

Twitter was not profitable and had no clear path to profitability. Regardless of your opinion of Musk.

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Re:The Email Caste's Last Stand by yamtaddle on Tuesday November 08, 2022 @01:33PM (#33522501)

The debt from the acquisition has made that situation much worse, however, not better. It's like he bought a car with a flat tire and promptly drove nails into the other three.

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