Elon Musk says Twitter has 'negative cash flow' and 'heavy debt'
Elon Musk says Twitter has 'negative cash flow' and 'heavy debt'
abcnews.go.com Elon Musk says Twitter has 'negative cash flow' and 'heavy debt'
Elon Musk says Twitter has "negative cash flow" and "heavy debt" due to lack of advertisers.
“We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else,”