Opinion: The end of his reign can't come soon enough
, Musk noted the dire financial situation of the company, saying the company might spend $5 billion next year, is shouldered with $1.5 billion in debt from his transaction and, faces a $3 billion negative cash flow in 2023.What's not mentioned here is theMusk has done to Twitter's advertising base and revenue stream.
This bit, though, jumped out at me. Vance tweeted that Musk talked about how some of his actions may seem"spurious or odd." He blames the fire drill situation.This almost makes sense, except for all the self-inflicted wounds.
His characterization of every bit of it as part of a vast conspiracy is inflaming those who already believe that the system is rigged and elections were stolen. None of that is true, but Musk has decided to make Twitter conspiracy central. These are not the actions of a qualified CEO. I don't think I've ever been as deeply disappointed in a tech figure as I am in Elon Musk. When I met him a decade ago, he was open, funny, shy, driven, and confident in fulfilling what seemed like some wild dreams. The current Musk is petty, bitter, thin-skinned, and, more shockingly, a poor leader.
Musk has promised to leave, or at least leave his leadership role and get his hands dirty in engineering. That's the good news, a real, potential holiday gift. Let's just hope he can find the exit, and soon.Sign up to get breaking news, reviews, opinion, analysis and more, plus the hottest tech deals!Receive email from us on behalf of our trusted partners or sponsors
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