Mike Masnick: Elon Starts Bribing His Biggest Fans as He Admits the Company Is Still Burning Cash

The more interesting bit here, though, was him admitting that the company was “still negative cash flow.” Remember, in February, he had said the company was “trending to breakeven” and in April had suggested that it was now there. That April statement included him claiming that “most” advertisers had returned to Twitter, which Musk is now effectively admitting was a lie. And, his prediction that the company would be “cash flow positive” in the 2nd quarter didn’t quite pan out, I guess.

Literally never trust Elon on anything he says about things
coming soon." Full self-driving in Teslas has been 6 months away for close to a decade.