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10 months ago

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Elon Musk says Twitter's cash flow still negative as ad revenue drops 50%

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Elon Musk says Twitter's cash flow still negative as ad revenue drops 50%

Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.

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Elon Musk says Twitter's cash flow still negative as ad revenue drops 50%

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Elon Musk says Twitter's cash flow still negative as ad revenue drops 50%

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