Elon Musk Reveals Twitter's Negative Cash Flow and Declining Ad Revenue
TL;DR Summary
Elon Musk stated that Twitter's ad revenue is down 50% and its cash flow is negative, but he emphasized that he will continue to speak his mind regardless of the financial consequences.
- Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative CNN
- Elon Musk says Twitter cash flow is negative due to ad revenue declines, 'heavy debt' CNBC
- Elon Musk says Twitter's cash flow still negative as ad revenue drops 50% Reuters
- Elon Musk says Twitter’s ad revenue has dropped by 50 percent Engadget
- Musk says Twitter is losing cash because advertising is down and the company is carrying heavy debt The Hill
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