If rumors are to be believed, Elon Musk will take on the role of CEO and chief technology officer of Twitter, which he renamed “X”, responsible for product, software and systems management.
Last December, Tesla shareholders reportedly urged Musk to hand over control of Twitter to someone else, as the automaker’s shares fell to $101. That’s just one-third of the brand’s highest price last year.
Tesla has since lowered car prices and now faces declining profits per car sold. That’s what it means to live in two houses – and on Twitter and Tesla!
Recall that Musk made a number of changes to his Twitter policy. Almost all of them caused dissatisfaction among users. As a result, several major advertisers suspended their partnerships with Twitter, fearing that Musk’s views on freedom of speech could damage their reputation.
Source: Ferra
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