Elon Musk has suggested he is struggling to manage his workload after his recent US$44bn takeover of Twitter Inc (NYSE:TWTR), which has seen thousands more staff fired in the past few days.
In a previous tweet, Musk said Twitter was facing daily losses of US$4mln, something he appears to be willing to go to great lengths to turn around, even if it means a personal struggle.
During a video conference connected to the G20 summit in Bali, Musk said: “I have too much work on my plate that is for sure.”
He said he is working "at the absolute most amount...from morning til night, seven days a week".
He added: “The amount that I torture myself is next level, frankly."
Most recently, Musk has laid off around 4,400 contractors, out of 5,500, who dealt with misinformation and hate speech on Twitter.
These add to thousands of previously announced job cuts that have seen Twitter’s workforce roughly halved, including its executive team.
Musk's comments follow growing pressure from investors for him to re-focus on Tesla Inc (NASDAQ:TSLA), as the electric vehicle manufacturer “needs his time more than ever”, amid growing competition and global economic turmoil.
Brokers from Wedbush last week attacked Musk’s “debacle” with Twitter, calling on him to end the “madness” now, after he sold off a further US$4bn of Tesla shares to fund his takeover of the social media.
Musk’s time as Twitter CEO has seen him repeatedly placed at the centre on controversy, with scrutiny coming from all angles over the direction he will take the platform in.
Last week, he warned that bankruptcy is still an option for Twitter, whilst outlining his expectation that staff should be in the office in person for at least 40 hours a week, explaining: “The road ahead is arduous and will require intense work to succeed.”
Musk also highlighted that the company’s revenue from subscriptions, including new verification charges, would need to be boosted massively to combat global economic turmoil, as well as the chance of more companies withdrawing advertising payments, which account for most of Twitters' income currently.