#Musk #Twitter #yahoofinance
Yahoo Finance tech editor Dan Howley details Elon Musk’s latest address to Twitter employees, stating the possibility of bankruptcy amid corporate restructuring and executive shuffling.
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A mess out of the gates for sure but this is alarmism. Bush league tactic.
😂😂😂 what a dope
Twitter and Amazon can go under bankruptcy protection because economic recession
I think Elon is doing great work at Twitter and this is what happens when a truly experienced CEO comes in. He or she makes it clear that losing $4 million/day could mean the end of the company if we don’t change how we operated in the past. It seems like Twitter and alot of tech companies have been surviving off their high valuations and not their fundamentals. Gravity catches up to everyone in the end!
That’s why that former ceo forced Elon into buying it. Big mistake for Elon.
All the employees were working from home and to add to it they had choices to continue to work at home
To you fanboys, he’s always playing three-dimensional chess lol
Thanks for the laughs. It’s too cold to be outside today, and I was feeling sad about Veterans Day, so even simple humor is appreciated. So it goes. . .
@Richmil Jewels Now they’ll go to work and do nothing, because Elon doesn’t know what to do.
lol f twitter
He was planning to use Twitter’s failure as a write off. $44B genius thinking.
@Dennis O. Did I say I used my phone while driving? Get a grip, touch some grass.
@D Z so when you see an accident on the interstate, you pull over and check twitter? I mean I’m being an asshole because you’re out of touch about social media viewership. I admire your passion for that troll though. He’s definitely got you. Imagine a tunnel to bypass the interstate…🤣
@Dennis O. You mean.. you never check the traffic before you depart to a destination?? You’ve never had your passenger look up traffic while driving?
Seriously, you desperately need to touch grass.
This is an irrelevant point, you must be desperately coping to be harping on it.
@D Z sure, I check google maps all the time. I need to know the time to my destination, I don’t care why there is traffic. People could be burning in a car on the side of the road and I am the guy behind you honking while you’re rubbernecking.
The grass thing is getting weird. It was funny the first time and then you made the fatal comedy error. Try to polish that up.
@Lars la Cour Poulsen
It doesn’t. These guys are on drugs 😳. 😶
sink it for trump to be successful w/true
A new owner, culture changes…adjust.
Business 101…don’t make drastic business model changes immediately after a take over. Everyone will jump ship and you will lose your investment. It was true 50 years ago, it’s still true today.
A new owner, boycotted by the advertisers, competition laughs as it slowly dawns over elon’s face the company is not worthless, it’s losing $4 million a day and more… a Black Hole sucking down all his fortunes. GAME OVER Musk. You Lose.
same tactics when he was at Tesla in 2017-2019 time period
except Tesla survived because of all the Green Initiatives fundings and help from the Govt.
That last line killed me 😂😂😂😂
Twitter isn’t losing money.check it’s stocks.
Twitter is not a publicly traded company anymore. It has no stock value.
Excellent. Spoiled rotten twitter employees need to actually work. Shocking!
You realize you’re on social media right now, don’t you?
Twitter could switch its symbol from a blue bird to a sinking ship…
Where are his two ferns?
Elon overpaid for the real estate in that case
No, he paid market price, then tore up the lawn, blew apart the garage, and blared loud music and is now wondering why his property value tanked.
What? The employees don’t understand that if advertisers do not spend money and people don’t want to buy the check mark that no money will come in – hence no money to pay them? Wow. Investment dollars are done guys. People are tired of just giving you money not unless you are in Government that is LOL.
If they had burned the $44 billion at least it would have created heat & cook some food.
I believe the employees are well aware of how their business works. I don’t believe Elon understand the social media market and what the actual product is. Would you pay $8 a month for the privilege of making comments and watching ads pop up on every other post knowing there were other places to go do the same thing for free?
Yet, some Twitter subscribers didn’t pay for the blue check, they’re “actually verified”. Musk already introduced Discrimination.
I this a possibility: He decides to buy the platform, realizes that it is not really as profitable as he thought and that he made a bad deal. Then after talking to the accounts and lawyers: Makes a lot of problems and quickly files for bankruptcy in the chaos created, thereby somehow avoid paying all that he signed for, simultaneously, sweeping creditor debt away. Subsequently, restructuring to fire half the emplyees and skrewing the other half, implement a new payment-based business-model… etc. And voilà: a reset is done and a profitable business is born to suit the need for mass media-control by our tech lord, Messiah Musk… all in the name of free speech, of course!? 🤔
The way that guy is acting is beyond me.
One major problem with that scenario…in social media, the user is the product…they aren’t going to pay $8 for the privilege to be targeted by ads when there are plenty of other free options available.
Don’t forget the tax write offs he will assume that are pass thru and funnel back to his personal taxesas capital losses and possibility flow to his other shell corp LLCs that need to offset gains. Scam conartist!
Three letters that debunks your theory: FTC
Wild speculation
I hope Twitter dies and goes extinct, along with all the other cancerous social medias
LOL.. and now the former twitter executives can’t speak the truth because of golden parachute
I be glad if Twitter went under its a big waste of time
Anyone at Twitter got an incredibly overvalued cash buyout from their stock options, I doubt any of the developers are hurting financially … Leave Twitter with it’s new corrupt CEO and move on.
How can Elon Musk have Twitter employees working over 40 hours per week when he has just taken over the company? This doesn’t add up. Your bias and dishonest remarks against Elon Musk are very pronounced. This is very unfortunate, unethical, and highly unprofessional
If my boss told me he didn’t have enough money to pay me I would be looking for a new job
Musk is re-emphasizing the fact that Twitter operated at a deficit. It was poorly managed. Too busy worrying about wolf politics than actually managing a business. I would not be surprised at all if he shuttered the place. In fact, there are people that are rooting for that.
You have finally someone that acts as a business owner and a boss and people start complaining and whining.
@Zohra Martini he said it’s not out of the question. He didn’t say he will declare bankruptcy.
@J R I know, though you usually do not claim that unless it is close to happen… or a cheap way to threaten people to work which is way worse. If so Mr. Musk is a big bully
Musk Cult is real. J R during the Bush Tyranny: “Iraq will be over quickly!”
@J R The fact that it’s even an option doesn’t exactly scream confidence in his management decisions. Now he’s facing possible FTC actions for violating the WARN Act.
I would never work for Elon Musk. I’m already helping out Jeff Bezos. 😉
Elon might have high expectations that break the comfort the employees were used to, but I believe he wants Twitter to succeed.
If he bought Facebook I would suggest staff run for the hills though lol.
Musk cannot afford Facebook.
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@Ralph Mikovic check the web and you will find him, drop a msg
@Trevon Jackson Ok, just found his website, impressive, Thank you.
@Ralph Mikovic It was my first time using the website and As an investor i have to admit this company is truely professional and give legit service that I recommend for anyone who wants to start investing in Bitcoin or stock.
Another Commercial? Geez, what a terrible addiction is Greed.
Musk wants employees to show up at work. IMAGINE THAT!!!
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Rip to all who believed that he was gonna make twitter great again 😂😂😂😂😂😂😂😂😂😂😂😂😂
@Alpha Omega He did his homework. You should try it😁
@Adam Casas
Obviously you have no idea what you talking about.
Lay off the drugs, kiddo.
Likely misunderstood something you attempted to read 📚. 😶
@Adam Casas Triggered much? No one is going to want to work for twitter let alone contribute to the success of this platform at this speed. Toxic company under a toxic brand, lead by a toxic public figure. The next social media thing will pop up and steamroll Twitter.
lel
@kool2btrue i guess you must of been trigged cuz i didnt comment to you first. If no one was going to work there why havent they all quit? Meta is firing four times that many people. Toxic brand, toxic figure etc much? Lol. I get you are not smart but why tell people its a possibility to declare bankruptcy? Easy the more people sell their interests in the company guess who buys it? You mean another site that does the same thing that the rich guys already cant have people work at? Lol. Sit down before your tiny brain overheats
Good Job. Those woke twitter mod drop kicks deserve everything they get.
Look at the Musk Fascist, folks.
How does it feel knowing your pal Musk’s Twitter experiment is an embarrassing money pit?
people keep telling former workers : ” Learn to Coal “, but not a single mine would hire themb because you can’t mine coal from a “work from home” job !
@SeaJay Oceans I’m not sure I would use the Coal industry as shining beacon of job security.
@SeaJay Oceans coal CEO’s work from home every day.
Investing in crypto currency now should be in every wise individuals list, in 2 to 3 months time, you will be estactic with the decision you made today__
@Edu Peter Yeah and he’s is extremely perfect with trading cryptocurrencies. I have made a huge profit of $215,000 trading with him.
BTC investment has been the best of the decades ♥️
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investing in farm tools, seed, iodine tablets, and self defense is a great idea now …
Shut up spammers
Some crave bankruptcy, you say?
He’s restructuring. What are you doing Elon? I thought the sink meant that he was throwing in “everything including the kitchen sink.”
Twitter is still pure trash because it still has leftist trash working there. I got banned this morning for promoting suicide because a bunch of leftists reported me for saying… Democrats and Republicans can go jump off a cliff for all I care.
Twitter was destin to fail regardless of who owned it. Oh and Elon is a never Trumper so if he were to lose billions on Twitter… Good.
He does not know how to run a business. Arrogance brings most powerful people to ground.
Elon Musk the biggest bag holder in history!!!!😂🤣
Thanks for watching. Send a direct msg for more profitable information ☝️☝️..
Yup… he paid $44 BILLION for a dark hole that eats $4 million in losses every day…
Think about that : by end of Tuesday, musk will be $20 million poorer…
And with the A D L Calling for the end of Twitter, Elon Musk is going to get the Kanye West treatment, and bye bye Twitter.
I am curious about who will still be interested in working for Twitter if a company’s future is so volatile. Must be very desperate about jobs…..
Personally? I think the Saudis own Twitter, already. 🤗
Litterally the dumbest thing I have heard in months.
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From the time the News broke that he was finally acquiring Twitter everyone with at least half a brain knew it was dead.
Twitter is failing on it’s own 🤷♂️
@SeaJay Oceans Could be 😆
@SeaJay Oceans Troth Senchal is already dealing with its own bankruptcy outlook.
@Comment Highlighted I personally don’t care if Twitter fails or not, I don’t use it. However, it’s very plain to see the people who don’t pay attention enough to actually see what is going on. It doesn’t take much, or to be a genius, to see the poor business actions that Musk has taken over the past few months.
@Comment Highlighted First off…it wasn’t for sale, Musk performed a hostel take over attempt before Twitter relented and offered the buyout. Despite the losses seen in 2021 and early 2022, Twitter was quickly moving to profitability before the introduction of Musk. They had already reversed 80% of it’s negative cash flow from 2021 by the time Musk made he first offer. By all conservative metrics, Twitter was on a rebound. That rebound was damage when Musk entered the picture. It helps to actually follow the market instead of headlines.
@Ryan Hicks It doesn’t take a Genius, it only takes a single minded person to see what they want to see. Months, huh? I guess Elon was secretly the Twit Master months ago…
Bro WAAAAY overpaid lmaoooo
Elon Musk is a gross example of an employer. He creates a traumatic workplace just by talking in public…
If Twitter files for bankruptcy then that would be a brilliant move! Elon could then use his billions to buy back Tesla stock and start a new venture for the X app without the hassle of Twitter’s baggage or debt.
That makes no sense. Once you file chapter 11, bank take control of Twitter. If he files chapter 7 he has to sell everything the and will probably one like 0% of his investment back maximum if he sells all of Twitter assets, because it would sell at half price due to second hand equipment and the back will first take all of it until they get their money back and only after if at all something is left, it will go to him.
Whut…… that’s not how bankruptcy works, moron…..
It could be a nice tax write off. Although I doubt that he pays that much in taxes as billionaires pay little taxes as it is.
@bkit5 The loan is with Tesla as guarantee. Bank will take control of Tesla and he can freely go to Mars. Truly 3d chess move.
No he is breaking the pattern of unprofitable and unproductive behavior that has dominated the company for most of the last 5 years. Twitter has been losing money for years.
Now it’s losing money faster.
Hahahahaha 😝😂
🤠🤠🤠🤠🤠🤠🤠🤠🤠🤠🤠😎😎😎😎😎😎
Just shut it down. That line on Yahoo about selling caviar to buy a $2 slice of pizza is hilarious. I think he actually bought an empty pizza box.
Beginning of the Collapse of Elon Musk the loser. He does not deserve to be richest man because he lied that he will bring $25k EV but most cars are 65k and above. Fake people
4 million dollars is nothing for him, he was running Tesla in loss for years initially too. He is just motivating his employees, to say it’s your job to save Twitter.
😃 hilarious!
Musk said to himself “I see Twitter, but I’d prefer if it was Parler”. $44bn to bankrupt in 10 days because he catered to nazis instead of pious lefties. Good job!
I actually liked Twitter, I’m going to miss it when it inevitably shuts down due to Musk’s failure.
You really think it wasn’t on purpose? You might be naive.
It’s classic Musk move. He keeps companies alive by throughing them under pressure. Tesla is a great example of this. I think Twitter will become one of the most valuable companies.
You are delusional.
Was Twitter ever profitable?
Leaders are forgetting – it’s the dedication of their employees that MAKE the company, not the ceo, owner or single person! Take that Elon! Twitter has a bad taste in the mouth now that you took over. I hope Tesla goes bankrupt too.
Im surprised Tesla isn’t bankrupt already. Their cars have crap building quality.
Don’t last.
I’ve seen 2 neighbors with teslas. One got one second hand: drama.
The new one got into an accident and the other car (a Honda) was basically able to drive along, and the Tesla was ditched beyond repair.
It would take longer to actually flush $44B down the toilet than Musk is taking in real time. He ain’t as smart as people think. This will stain him for a long time.
This is the result of a man letting his fame and fortune make him believe he could do no wrong. I believe he’s Fu*KED. Should have just paid the $B poison pill.
Musk tomorrow: you must come with a Tesla to the office.
Jack Dempsey is lot smarter than Musk. Haha
Twitter never made a profit . Tesla is a niche player in electric cars . It will be the big 3 auto makers that will lead the way in mass adoption.
The only way you will get to Mars is through Government sponsorship.
Musk is an interesting character. I would have no interest in working for this guy . If 70 hour work weeks is the proof required to demonstrate my dedication, then I would say you have a mis prioritized life.
This proves the former ceo is incompetent. He couldn’t wait to grab billions and get the hell out.
Not easy going anymore 🤣🤣🤣
TeXtMe DiReCtLy 📊📊
Bought twitter, and a month later says ‘bankruptcy is not out of the question’, brilliant.
Buying Twitter was quite possibly Musk’s biggest mistake he’s ever made. I‘d really like to know what’s behind his idea spending 44 Billion for a social platform.
@puremaze ego is in both and yes, they all have some or combination of those many unhealthy traits
Let me help you understand.
🙌🏽 He’s an idiot egomaniac rich Grifter with rhin skin & nothing more 🙌🏽
@Redwood4 I think Musk could be confused with someone who doesn’t have empathy because he likely has Asperger’s autism. That’d why he is obsessed with the Truth and doesn’t pay attention to social conventions or doesn’t seem to care about them. Like all autistic people he is only concerned with what is true, not what is offensive (to an autistic person the truth is never offensive, lying is always unacceptable, even if it is to protect the sensible mind of others, they just don’t see the point of political correctness because it obfuscates reality and leads to poor decisions).
@DisneyIsWokeLol in what deluded world? You don’t become the richest man on earth by destroying everything you touch 😂
@A Slater how did that not work? They all rely on his Starlink and he won rocket launching agreements with Nasa. Allowing free speech is also a big blow to the democrats who hoped to push a woke agenda on social media ahead of the elections. Musk is gaining influence and they are afraid of his power. In what world didn’t it work?
Sometimes you need an iron fist
Ever notice the rich folks deny Climate Change?
Elon Musk should put the arrogance aside, and work with the team that Builds twitter. Sadly this never happens, sacking staffs came first, unprecedented moved that destroyed the cohesiveness and loyalty of twitter talented dedicated staffs. Thanks All The Twitter staffs.
He’s getting rid of the soy addicts that have been fk’n off at home. That’s all this is. Deadwood that tree 👌
Then why did you buy this for 44 billion just a week earlier? What an insight???
Why is twitter going bankrupt??? Probably since Elon musk is in charge twitter is no longer supported by propagandists. Ha ha
I moved to Youbchat
Look musk,do yourself a favour hire someone who knows how to run twitter fullstop and stand down,save yourself the hassel let the appointed ceo run twitter
Appoint someone to run twitter,step down musk.
2) intergrate crypto payments on twitter.
3) gain trust of advertisers
4) source best twitter staff and bring them back on board.
And musk do yourself a favour,keep your mouth shut because everytime you open it your net worth goes down the toilet
move the headquarters to a state where people arent lazy.
Musk was sold a dead company.
All hands meeting! What’s that, like 15 people now?
Perhaps, instead of a sink, he should have brought a toilet.
This is what stable genius looks like
To you. I think totally different thoughts about EM.
@modibot101 Erotic thoughts?
She ironed out the facts and corrected his intended misinformation barrage!
Quit before he fires you.
It will destroy Musk if everyone quits at the same time.
CCP is not happy.
He’s going to get deeper and deeper into financial problems, and he will have to start dumping Tesla stock to pay for it all. That bubble is about to burst hard!
Hit the nail on the head. And the Tesla brand is now trash.
He could liquidate twitter and get Uncle Sam to write-off the debts.
The way he is trying to run company and treating employees. No one will stay in that company anymore.
Elon’s entire fortune is built on tax/carbon credits that car manufacturers pay to avoid having to build fuel efficient vehicles. Tesla has never produced a profitable product because they don’t have to. All Tesla has to do is sit back and bet that car manufacturers will continue to be greedy and short sighted. That bet has created the world’s wealthiest man. Not from his remarkable abilities or entrepreneurial zeal…..the psychopathic obsession companies have with not paying taxes is the reason Elon is rich. This man is the greatest welfare queen that ever lived. Is it no wonder that after failing upward for a decade he actually believed the hype and thought he was smarter than everyone else? Now that he is actually faced with the challenge of running a company that actually has to compete in a cut throat market we are seeing the true worth of this man.
Worst management ever!!
Good Twitter sucks
I figured out how to get my Twitter account permanently suspended back in 2017. ☺️ I’m still laughing.
Yeah I was wondering why he brought a sink into the office. That explains it.
Twitter is vaporware…Musk will use this as a big tax write-off.
I think what’s happening here is that the employees themselves are hacking and creating these bots fake accounts. and the media has now decided to attack Musk because Biden is after him, because he decide to vote Republican and he’s pro life. All these things combined is the perfect storm to take down Elon. Their are many haters out to get the new owner of twitter. they were able to do it to Trump, and I continuing to defame his character. Then Elon is in deep trouble.
Tesla is losing sales to competing EV automakers. The handwriting is on the wall. Twitter will die but Musk will consolidate and come out on top.
Don’t mess with Indian CEO they will show you very quickly who is the real boss
Instead of a kitchen sink, he should have carried a toilet stuffed with dollar bills into Twitter while saying “I just flushed $44 billion of these down the toilet”.
LMFOX
People need to stop having the hybris to think they are are smarter Musk. He WANTS you to believe that he blundered, it’s part of the plan. The entire Woke narcissist community think it’s their shot to shine by belittling and deriding him, meanwhile for him everything is going according to plan. People have seemingly forgotten other episodes where he only too advantage of the news he himself propagated to make genius transactions.
Musk should have entered the company with a toilet rather than a sink . The Toilet being a better symbol of how Musk has flushed 44 Billion Dollars down the toilet.🤣🤣🤣
Hopefully people get new jobs, and whoever’s left when it’s over? Well, let’s just say I eagerly look forward to the sequel to “The Deathbed Vigil and Other Tales of Digital Angst.”
He’s definitely more Donald Trump than Warren Buffett
The best idea would be to put all the world’s billionaires into rockets, send them into orbit, and let them go round and round for a 1,000 years without ever returning to Earth. Problem solved.
When is Musk going to physically shackle his employees to their desks?
HEY I JUST BOUGHT TWITTER HAHAHAH >>>> YOU”RE ALL GONNA GET IT
1 week later
ITS NOT OUT OF THE QUESTION THAT IM GOING TO TRASH THIS COMPANY IN ONLY 1 WEEK
How to burn 44 billion dollars in record time – a step-by-step guild.
Beware of this man