‘Had to Save Twitter From Bankruptcy’: Elon Musk Reveals ‘Extremely Tough’ Period Following Twitter Takeover
Twitter and Tesla CEO Elon Musk on Sunday said that the past three months have been "extremely tough" as he "had to save Twitter from bankruptcy" while also fulfilling his duties in Tesla and SpaceX. Taking to his official Twitter handle, Musk said that the microblogging site continues to have challenges.
Twitter and Tesla CEO Elon Musk on Sunday said that the past three months have been "extremely tough" as he "had to save Twitter from bankruptcy" while also fulfilling his duties in Tesla and SpaceX. Taking to his official Twitter handle, Musk said that the microblogging site continues to have challenges.
Elon Musk tweeted, "Last 3 months were extremely tough, as had to save Twitter from bankruptcy, while fulfilling essential Tesla & SpaceX duties. Wouldn't wish that pain on anyone. Twitter still has challenges, but is now trending to breakeven if we keep at it. Public support is much appreciated!". He tweeted in response to The Wall Street Journal's news article.
Musk lamented the company's "massive drop in revenue" just one week after closing the $44 billion (roughly Rs. 3.6 lakh crore) deal to buy Twitter in October, which he attributed to "activist groups pressuring advertisers," Fox Business reported. Since then, he has made a number of changes on Twitter, as per the news report.