Elon Musk is trying to slash expenses at Twitter as close to zero as possible while his personal wealth shrinks — and this apparently has included falling behind on rent payments at the company's offices.
owes $136,260 in overdue rent on its offices on the 30th floor of a building in downtown in San FranciscoElon Musk's Twitter account is seen displayed on a mobile phone screen with the Twitter logo in the background.The landlord at 650 California St., which is not Twitter's main San Francisco headquarters, served a notice to the social media company on Dec. 16 informing it that it would be in default if it didn't pay within five days.
Twitter did not respond to a message for comment. The company no longer has a media relations department. after weaker than expected global sales. The drop in share price is the latest in a massive slide that began last year. "This company is like, basically, you're in a plane that is headed towards the ground at high speed with the engines on fire and the controls don't work," Musk said on Dec. 21.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk says he’ll release ‘Fauci Files’ on Twitter ‘this week’It’s the latest escalation in his war on Dr. Anthony Fauci, the infectious disease expert who has come under scrutiny for his COVID policies.
Read more »
Twitter HQ Marinates in Stench After Elon Musk Fires Janitors, Forces Engineers Back to OfficeTwitter's offices in San Francisco are quickly turning into a smelly, body odor-infested rat's nest, The New York Times reported last week.
Read more »
Elon Musk downsizes Twitter headquarters to two floors from sixMonths after laying off thousands of Twitter employees. Elon Musk is trimming its San Francisco office space by four levels after missing rent payments.
Read more »
Elon Musk cuts Twitter expenses by falling behind on billsElon Musk is trying to slash expenses at Twitter as close to zero as possible while his personal wealth shrinks — and this apparently has included falling behind on rent at the company’s offices.
Read more »
Elon Musk cuts Twitter expenses by falling behind on billsElon Musk is trying to slash expenses at Twitter as close to zero as possible while his personal wealth shrinks — and this apparently has included falling behind on rent at the company’s offices.
Read more »