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sex_is_immutabl t1_j16blrh wrote

Reply to comment by bannacct56 in Tesla reportedly plans more layoffs as the company’s stock tanks | Engadget by prehistoric_knight

Reddit has been predicting Twitter implosion for months now. I am going to hazard a guess that this never happens and they actually become profitable within 2 years. Turns out Reddit's emotional impulses aren't a good barometer on the health of a business.

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voidsrus t1_j16hj9i wrote

>Reddit has been predicting Twitter implosion for months now.

laying off most of your institutional knowledge does not present short-term problems, it presents long-term problems. it's been less than 2 months.

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>Turns out Reddit's emotional impulses aren't a good barometer on the health of a business.

taking on $1 billion a year in interest payments you can't afford and making most of your revenue stream run for the hills is something not only a reddit user can figure out is going to cause problems for a business. that's why the stock the deal was financed with is cratering.

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leaf_26 t1_j17w93h wrote

and climate change isn't happening because my house isn't underwater at this moment /s

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Ok_Championship_2180 t1_j16n6do wrote

Exactly. As much as the media and reddit wants twitter to die it just won’t happen.

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