[아이뉴스24 민혜정 기자] Tesla CEO Elon Musk plans to cut executive salaries and create a new revenue stream after the acquisition while Tesla CEO Elon Musk is pursuing a takeover of Twitter.
According to CNBC, a US economic media outlet on the 29th (local time), Musk said he could cut Twitter executives and board salaries to cut costs, while explaining his plans to the bank to finance the Twitter acquisition.
It is known that the idea of monetizing tweets that are widely talked about on Twitter was mentioned as a new revenue source. It is a method of charging when citing or utilizing this tweet from outside.
Musk persuaded the bank that he could generate enough cash to get a loan of about $13 billion (about 16.4 trillion won) using Twitter as collateral. The company also took out a $12.5 billion loan with a stake in Tesla as collateral.
According to Bloomberg, “CEO Musk has also spoken to banks about layoffs.”/ Reporter Min Hye-jeong (email@example.com)