this post was submitted on 14 May 2024
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[Dormant] Electric Vehicles
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They just laid off 10% of their workforce (14k jobs) and slashed almost all new job postings to cut costs but they're spending money on Twitter ads?
...to justify giving $55B to Musk. Not even advertising their products or services. Just to satisfy Musk.
$55bn, which is more money than Tesla has ever made in its entire existence.
I mean who currently owns Twitter? It's just another way for him to siphon money out of that company and it can't get worse for him anyways.
It's a shit move and the board that allows this are beyond saving but for Elmo and Elmo alone it makes sense.