There’s a reason Elon Musk is tormenting Twitter’s workers.
AdvertisementThis matters because Twitter could be quite a profitable business if its expenses weren’t so high. Last quarter, Twitter brought in an impressive $1.1 billion in revenue. However, it lost money because it spent $1.5 billion—including $454 million in research and development.
“Elon laughed,” Davis said. “He said, ‘That part is no more complicated than a garage door opener. Your budget is five thousand dollars. Go make it work.’” Musk rewarded all of this toil and angst with one of his standard responses. He wrote back, “Ok.” The actuator Davis designed ended up costing $3,900 and flew with Falcon 1 into space.I doubt that Twitter today is as bloated or bureaucratic as the aerospace industry was 20 years ago. But I bet there’s substantial fat that could be cut, and if anybody can find it it’s Musk.
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