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'The road ahead is arduous': Elon Musk cites 'dire' economic outlook in company-wide email, warns Twitter could die without subscription income

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Muhammed Selim Korkutata / Anadolu Agency

In his first company-wide email to Twitter employees, Elon Musk declared that the economic outlook appears "dire" and that absent subscription-based revenue, the company could go under during the economic slowdown.

"Sorry that this is my first email to the whole company, but there is no way to sugarcoat the message," Musk wrote in the email, according to Insider. "Frankly, the economic picture ahead is dire, especially for a company like ours that is so dependent on advertising in a challenging economic climate."

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