So you’re saying that in order for him to save face and not close Twitter down overnight he’s trying to make some really bad decisions that would end up killing the platform without him having to shut it down?
Twitter is going to lose money no matter what Musk does. The sooner it just dies and goes into insolvency, the sooner Musk will stop taking a loss in order to keep it operational. Even apart from the deal Musk has likely already lost hundreds of millions running twitter. Twitter dies and it’ll stop being a financial drain on him.
He wants to declare it as a carryover loss and just stop paying taxes for the foreseeable future.
I think the original plan was to simply control the narrative and influence public opinion on one of the largest and most well known social media platforms ever created, but that tends to not work so well when you gut the operational engineering staff of a tech company.
Don’t mind if I ask, but why would Musk try to kill a platform he paid 44bn USD for?
Because it’s a subscription service. It’s probably bleeding money. Remember he tried to back off from the deal.
So you’re saying that in order for him to save face and not close Twitter down overnight he’s trying to make some really bad decisions that would end up killing the platform without him having to shut it down?
At this point your guess is just as good as mine. I doubt even Elmo knows what he’s trying to do now.
Twitter is going to lose money no matter what Musk does. The sooner it just dies and goes into insolvency, the sooner Musk will stop taking a loss in order to keep it operational. Even apart from the deal Musk has likely already lost hundreds of millions running twitter. Twitter dies and it’ll stop being a financial drain on him.
He wants to declare it as a carryover loss and just stop paying taxes for the foreseeable future.
I think the original plan was to simply control the narrative and influence public opinion on one of the largest and most well known social media platforms ever created, but that tends to not work so well when you gut the operational engineering staff of a tech company.
Ahh, the Trump maneuver.