Create Post
Elon Musk shuts two of three Twitter India offices, sends staff home
Elon Musk becomes first person in history to erase $200 billion wealth Previous Next Show Captions The Tesla CEO has now achieved a first of his own: The only person in history to erase $200 billion from peak net worth. At present, Musk is the 2nd richest person in the world with a net worth of $124 billion as per Bloomberg Billionaires Index. The decline in Tesla shares has been so steep - the shares fell 65% in 2022 - and Musk has sold so much this year to help cover his Twitter purchase, that they're no longer his biggest asset. Billionaire Chief Executive Officer Musk has fired staff and shut offices around the world as part of an effort to get Twitter financially stable by late 2023. Twitter did not immediately respond to a request for comment. Musk has also openly floated the idea of bankruptcy, and cited a “massive drop” in revenue as advertisers fled over concerns about Twitter’s ability to weed out undesirable content. Source -Times of India
- 1
- 0
- ₹0
