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by swimorsinka 1110 days ago
Given that 2/3rds of the employees are now gone, doesn’t this mean that the business is still viable?
4 comments

I think Elon owes ~120M/mo. just in debt servicing, let alone costs of doing business. So, 88M/mo. is just not going to cut it.
Why not just fire everyone, and Elon can run it on 1% of its original revenue?

brb, drafting a valuation of my economic activity at randint(10^9)

I'd struggle to name a period where this company has ever been viable.

Even in profitable years (year??) the profit per employee was woeful.

It may have been if he hadn't saddled the company with massive debt