)
Twitter's cash flow negative amid ad revenue challenges
In a series of Tweets, CEO Elon Musk revealed that the company's cash flow remains in the negative territory, primarily due to a significant drop in advertising revenue and a heavy debt burden. Musk announced that the company's cash flow remains negative, attributing to a massive 50% drop in advertising revenue.
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)