Business & Tech
Elon Musk Cuts Twitter Expenses By Falling Behind On Bills
The landlord at 650 California St., which is not Twitter's main San Francisco headquarters, served a notice to the social media company.
January 4, 2023
Elon Musk is trying to slash expenses at Twitter as close to zero as possible while his personal wealth shrinks — and this apparently has included falling behind on rent payments at the company's offices.
Find out what's happening in San Franciscofor free with the latest updates from Patch.
Twitter owes $136,260 in overdue rent on its offices on the 30th floor of a building in downtown in San Francisco, according to a lawsuit filed by the building's landlord last week.
The landlord at 650 California St., which is not Twitter's main San Francisco headquarters, served a notice to the social media company on Dec. 16 informing it that it would be in default if it didn't pay within five days. The five days elapsed without payment, according to the lawsuit.
Find out what's happening in San Franciscofor free with the latest updates from Patch.
CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.
