It's shedding advertisers and losing money so it's only a matter of time before the people Musk got to invest start making noise. It's in a downward spiral and there's no fixing it while Musk is in charge. I think it will survive another few years, but it's not going to be pretty.
mastefetri
joined 1 year ago
They tried to appease the shareholders rapacious greed by changing their business model to include royalties and other random fees, but that failed so now they've laid off 25% of the workforce to free up a lot of cash short term. This is a desperation move and they're never going to be able to provide the endless growth the shareholders demand. But the shareholders will be appeased for the next few months. So I guess it's a win?
They'll keep it up as long as business is good. If people will pay 12$ for a latte and lines are out the door, and there are no regulations to stop price gouging and predatory behavior, why wouldn't they?
They can be purplish in some growth stages but on the whole they are a deep red, a crimson. Unless my eyes are just broken.
https://duckduckgo.com/?kp=-2&q=red+onion&iax=images&ia=images