Twitter is roughly breaking even, says Elon Musk
David Odisho
Elon Musk commented on Wednesday that Twitter (TWTR) is "roughly breaking even" as most advertisers are back after quitting on Musk takeover and cost-cutting layoffs are finally providing some aid.
Twitter currently has about 1500 employees, a sharp cut from 8000 previously.
In an interview with BBC, he was asked if he had any regrets after buying Twitter for $44B last year, and he said the pain level of Twitter has been âextremely highâ, and that owning the company hasnât been âsome sort of partyâ. He also mentioned that "constant criticism and attack" has been "rough", but that company is trending towards being cashflow positive very soon.
He pointed that many mistakes had been made along the way, but argued that "allâs well that ends well." In his words, "I feel like weâre headed to a good place. Weâre roughly break-even, I think weâre trending towards being cashflow positive very soon, literally in a matter of months."
Musk also highlighted that he faced scrutiny from Tesla (TSLA) investors about the amount of time he spends running the social media platform. 
During mid-February, he said that he would try to find a successor to be Twitter (TWTR) CEO before the end of the year, a sentiment that is not making Wall Street happy.