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With all the attention Twitter receives, it’s “startling” how little money it makes, he said. Musk said Twitter is profitable based on Ebitda, or earnings before interest, taxes, depreciation and amortization, but emphasizes the “D” is quite big and they need to focus on the “E” part.

Only in Elon-land...

The "D"? That might be misdirection, as the "I" is said to be quite huge. (They took out a $13B loan, and Bloomberg estimated their interest at $1B/year. That's a massive chunk of their revenue.)

I wasn't reading "the D is quite big" as Musk actually talking about "Depreciation". I was reading it as another kind of "D".

If you dig into EBITDA in general, you'll find that is one of its biggest criticisms - that it is often used as distraction to make profits sound better than they really are.

What part of EBITDA covers debts owed that the owner is refusing to pay?

Like him or hate him, never bet against Elon.

Never bet on Elno telling the truth. Show me the GAAP numbers.

Twitter May Be Cash Flow Break-Even Soon – “The D Is Quite Big”