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• Tesla CEO said the company would need to cut its headcount
Elon Musk held a video conference with Twitter employees for the first time today, via his phone.
Musk said that Twitter Inc. (NYSE: TWTR) would need “some rationalization of headcount and expenses,” and mentioned a few other new details about his $44 billion takeover of the social media giant.
“Right now, the costs exceed the revenue,” he said, adding “anyone who's ... a significant contributor should have nothing to worry about.”
Musk said that he wished to raise the service's user numbers from 229 million to at least 1 billion people.
In the free-wheeling chat moderated by a Twitter executive, Musk also mused about the existence of aliens and other space civilizations and expressed his view that Twitter should help “civilization and consciousness.”
The New York Times's Mike Isaac tweeted out the most important highlights from the conversation.
Source - Twitter
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