Part 6/10:
Musk forecasts a severe recession, which underpins his cautious approach. He is taking conservative steps such as selling stocks and reducing expenses to buffer against potentially years-long downturns. Interestingly, Musk is optimistic about Twitter's recovery; he has been engaging with advertisers and asserts the requests from them are reasonable. This signals an anticipated rebound in Twitter's revenue, which in turn should have positive implications for Musk's overall strategy.
He remains confident that Twitter can achieve operational stability and move toward profitability. This is crucial since Twitter's financial health directly affects Musk's broader portfolio, especially the valuation of Tesla stock.