Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
Related: About this forumElon Musk's Twitter Takeover Seen Swelling the Company's Debt
If Elon Musk completes his $44 billion acquisition of Twitter, the social-media platform will add about $13 billion of debt, adding pressure to grow sales
wsj.com
Elon Musks Twitter Takeover Seen Swelling the Companys Debt
The social-media platforms annual interest burden will climb to more than $1 billion from $51 million last year, analysts estimate, adding
Elon Musks Twitter Takeover Seen Swelling the Companys Debt
The social-media platforms annual interest burden will climb to more than $1 billion from $51 million last year, analysts estimate, adding
Link to tweet
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
4 replies, 1307 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (0)
ReplyReply to this post
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Elon Musk's Twitter Takeover Seen Swelling the Company's Debt (Original Post)
mahatmakanejeeves
Oct 2022
OP
It doesn't seem that the stockholders of Tesla are too happy with his shenanigans
JohnSJ
Oct 2022
#3
Adulterating the product to fund takeovers is standard operating procedure
bucolic_frolic
Oct 2022
#4
multigraincracker
(34,080 posts)1. Or cut the hell out of cost.
Plan B, take the money and run.
RainCaster
(11,545 posts)2. Apparently he plans on a 75% layoff
That's one way to kill a company.
JohnSJ
(96,551 posts)3. It doesn't seem that the stockholders of Tesla are too happy with his shenanigans
bucolic_frolic
(46,998 posts)4. Adulterating the product to fund takeovers is standard operating procedure
Every quality product that gets bought out goes downhill in quality, durability, service. Paying the MBA's forces owners to reduce costs to pay for the personnel and new debt load. They trade off the brand name of the product until the public notices, then sales plummet so they load the ship with debt and pay the money to the owners and let the company go bankrupt. Then it gets bought out of bankruptcy court and the debt cycle rinses and repeats a couple times. Sell off the remaining good parts and shareholders can be soaked with the carcass in a final trip to bankruptcy liquidation. This is innovation, growth, maturity, decline, and end-cycle.