Plunging U.S. revenue at X risks opening up a "massive hole" on its balance sheet that Musk needs to plug to stave off its financial collapse.

Musk’s repeated outbursts against advertisers have dried up the main source of revenue for the loss-making company formerly known as Twitter. A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped. At some point, he will have to provide a fresh infusion of cash to salvage his $44 billion takeover.

  • DesertCreosote@lemm.ee
    2·
    3 months ago

    No, this was part of a group buy program in my area, which was designed to reduce prices. I ended up turning them down because it was still more expensive than it seemed like it should be, and they were going with an older single inverter system instead of a newer and more efficient micro inverter system.

    I’ve heard the door to door guys tend to massively upcharge. I haven’t had any come through here, though, so I don’t have any direct experience.