For Twitter Boss Elon Musk, Now Comes the Hard Part
Overspending on Twitter for $44 billion was the easy part
Overspending on Twitter for $44 billion was the easy part.
Now, Tesla Inc (TSLA.O) Chief Executive Elon Musk must prove why he believes that Twitter is worth 10 times that amount and turn around a social media platform that he has spent months ridiculing.
Earlier this month, the outspoken billionaire said: "Myself and the other investors are obviously overpaying for Twitter right now. The long-term potential for Twitter in my view is an order of magnitude greater than its current value."
Please select this link to read the complete article from Reuters.