Mrzorro
2023-02-06

Elon Musk Says Twitter Is Headed for 'Breakeven' After He Saved It

Elon Musk said Sunday that his social media company Twitter is "trending to breakeven" after he had to save it from "bankruptcy."

The past three months when he ran Twitter after buying for $44 billion, in addition to keeping his day jobs at Tesla and SpaceX, were "extremely tough."

He has described himself as a nanomanager who works long hours, goes to bed late, and sleeps very little, The Wall Street Journal reported.

He apologized during his testimony at a federal trial in San Francisco in January for "squirming around" with "quite severe back pain." He has confirmed surgeries to treat neck and back pain he said came from throwing a 380-pound sumo wrestler at a birthday party.

On Friday, a jury trial said Musk wasn't liable for tweeting in 2018 that he had secured funding to take Tesla private before funding was finalized. He said during that trial that "I had trouble sleeping last night, so unfortunately, I'm not at my best."

His mother, Maye Musk, congratulated him on Twitter after the trial on Friday, saying: "Such a relief," and "Now catch up on sleep."

$Tesla Motors(TSLA)$ investors have worried about Musk being distracted by Twitter. Musk has dismissed those criticisms, saying he hasn't missed any important Tesla meetings and tweeting in November that "I still do a lot of work at Tesla!".

He once joked on Saturday Night Live that he's not a "chill, normal dude, " and has said he goes to bed around 3 a.m. and sleeps six hours, the Journal reported. He slept on a Tesla factory floor in 2018 and is now sleeping at Twitter's San Francisco offices.

Musk has previously said he plans to bring in another Twitter CEO "as soon as I find someone foolish enough to take the job!" after a December poll found 57.5% of more than 17.5 million votes said he should step down. He hasn't said when he would name his successor.


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Comments

  • Victor Ang
    2023-02-06
    Victor Ang
    Thanks for sharing
  • smee
    2023-02-06
    smee
    [Anger] [Anger] [Anger]
  • YaleBrewster
    2023-02-08
    YaleBrewster
    I feel confident of a good earnings report and even better forward looking statements regarding batteries, Tesla Power, and auto sales including references to the cyber truck which is going to be another paradigm shift in the world of personal transportation.
  • jeffry09
    2023-02-08
    jeffry09
    Very green in a red sea of the marketplace. Incredible volume day after day and today people are buying at hand over fist cause they know it's going to 300 plus dollars. March 1st will change the history of Tesla stock.
  • YorkTurner
    2023-02-08
    YorkTurner
    Volume is almost historically high again with people buying Tesla stock knowing it's going to double in the near future
  • fishinglo
    2023-02-08
    fishinglo
    Tesla will no longer have the number 199 and start with the number 200 and above
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