> Musk has dumped $13bn of debt onto Twitter's company account, increasing the interest repayments from $51m to $1bn a year. Its entire gross income is c. $700m a year. Its net income is negative & it doesn't receive gov. subsidies that kept similarly loss-making Telsa alive
https://twitter.com/CMacCaba/status/1585914462951047168
> Musk has dumped $13bn of debt onto Twitter's company account, increasing the interest repayments from $51m to $1bn a year. Its entire gross income is c. $700m a year. Its net income is negative & it doesn't receive gov. subsidies that kept similarly loss-making Telsa alive
A longer thread informative thread here too: https://twitter.com/aidanpobrien/status/1587450510549852160