Comments by "BigKandRtv" (@BigKandRtv) on "Elon Musk Lays Off Nearly 4,000 Twitter Employees" video.

I learned today about how Musk's deal was structured and man- he is leveraged to the hilt! Tesla stock is securing much of his debt, so Musk has a LOT riding on this. My understanding is the stock buyout of the executives he fired earlier in the week must be made at peak price, meaning those severance packages cost almost $200,000,000 alone. Musk has to do some radical cost reduction along with this $8 monthly fee if Twitter is going to survive. If there aren't some major additional revenue sources secured (many advertisers left recently due to sloppy content moderation) promptly, this could be a mess. If you see the revenue chart over the last six years, you can clearly see that advertisers pulled back hard around the Jan 6 mess. This deal looks like a real "white-knuckle" ride!
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@fredwaywalls4686 Fred, you said "from scratch". Bro, look up $465 million dollar loan. Musk's company Tesla was about to go bankrupt, and the US tax payers loaned him $465 million at a very low interest rate. The only car they had produced was the amalgamation of a Lotus Exige body with batteries and an electric motor. "Tesla Roadster". Remember those? They only made 800 per year, but you can find them with a simple Google search. Tesla had not produced a single "X" "S" or "3" when WE loaned him $465 million. He was broke and facing the failure of Tesla.
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@OfficialBeto RE your unprofitability comment. Basically that’s right. would you pay $44 billion for a company that had not made any significant profits in the last 10 years?
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