Well, Twitter is not burning through as much cash anymore now that most of the people are gone…

Cutting the burn rate is a clear and sensible part of Musk’s strategy. The more he lowers Twitter’s expenses, the more time he gives Twitter to try new things.

He’s done a terrible job of executing it, but that part of the business strategy, at least, is sound.

"burning cash" in this context doesn't refer to the literal burn rate, it's more that he's spending a great deal of money without presenting any clear vision or direction for the company

I agree that is what is happening, but that’s not what “burning cash” means. Which was the point of my comment.

Bill Hwang must be throwing a fit now that Musk is beating his high score.

This reminds me of Stephen Elop from Nokia and "Burning Platform" memo.. Nokia lost its top smartphone manufacturer (25% of the market) position in about half-year after that.

But the timescale involved were much longer.. the Nokia losses happened in months, not in days.