The lawyers defending Mr. Musk are now calling it quits unless they are fired already. In the latest string of bizarre events, a Twitter user called Haraldur Thorleifsson asked on his social media platform if he still was employed by Mr. Musk. The Tesla boss made multiple jokes about his former employee and even claimed that Mr. Thorleifsson was faking his physical health issues.
Twitter has seen better days, and after Musk bought it, it seems it is in a downward spiral. Twitter has laid off thousands of employees and has seen service outages.
Twitter has been a publicly traded company since 2013 and has faced some financial challenges. For example, in 2016, Twitter reported a net loss of $457 million, and in 2017, it announced plans to cut 9% of its workforce.
Despite these challenges, Twitter has managed to stay afloat and has even experienced growth in recent years. In 2020, Twitter’s revenue increased by 7% yearly, and its daily active user count grew by 27%.
It’s worth noting that many factors can affect a company’s financial stability, including economic conditions, competition, and changes in consumer behavior. However, based on its recent financial performance, it doesn’t appear that Twitter is at imminent risk of bankruptcy. However, it is a serious concern when the company head takes on petty fights, which can result in a massive lawsuit.
Elon Musk is a well-known and influential figure in the technology industry, and his activities often receive media coverage due to his entrepreneurial successes and controversies.
Musk is the CEO of several companies, including Tesla, SpaceX, Neuralink, and The Boring Company, all involved in cutting-edge technologies and innovations. He has also made several high-profile announcements and achieved notable milestones, such as successfully launching rockets into space, developing self-driving electric cars, and working on developing a brain-computer interface.
Musk is also active on social media, particularly Twitter, where he often shares his thoughts and opinions on various topics, including technology, politics, and current events. Some of his tweets have been controversial and garnered significant media attention.
Musk’s personal life, such as his relationships and interactions with public figures, has also been a subject of interest to the media.
Musk’s multiple business ventures, technological innovations, and public persona make him a prominent and fascinating figure to many people, which is why he often appears in the news. But these kind if news surely is not good for Twitters future.
