On Twitter, Elon Musk has been shocking workers of all ranks. He emphasised that if it doesn't start bringing in more money, bankruptcy might be an option. Elon Musk took control of the social media firm during a wave of layoffs, which escalated with Twitter's introduction of a $8 per-account subscription fee. Now, some staff in key positions have left the company, despite Musk's efforts to urge them to stay.


In the midst of this, Elon Musk recently spoke to the remaining staff members, covering a wide range of subjects and issuing a good number of cautions. According to reports, he told them to expect 80-hour work weeks. There won't be as many workplace benefits, including free lunch. The work-from-home programme from the epidemic era was discontinued by Musk. He reportedly said, "If you don't want to come, resignation accepted." In his "no sugarcoated message," Elon Musk cautioned employees that tough times were coming and that they could no longer work remotely unless he personally approved of it.

Seven Wall Street banks already hold $13 billion of debt that Musk allegedly put upon the business. Banks are scrambling to sell the loans to investors; some even made offers to acquire them for as cheap as 60 cents on the dollar, a price reserved for struggling businesses.