Owner talks of ‘extremely high’ pain level from running the site but adds it is now ‘roughly breaking even’
Musk said: “It’s been really quite a stressful situation, over the last several months. Not an easy one.”
Asked if he had any regrets about his purchase of the company, Musk said the “pain level has been extremely high, this hasn’t been some kind of party”.after he said he found more automated bots on the network than he expected. He initially said he would not sell the site now if he was offered the $44bn he paid but subsequently clarified that he would do so if could be sure that the buyer “would rigorously pursue the truth”.last autumn.
Musk defended the large-scale job cuts, saying Twitter had “four months to live” when he bought it. He said that the company had urgently needed to cut costs to survive, and that Twitter had been “spending money like it’s out of fashion” before his takeover. He criticised media groups that had said they would not pay for this service: “It’s a small amount of money so I don’t know what their problem is.”
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