Musk has found a replacement for himself as head of the micro-networking site
Read Time:1 Minute, 30 Second
Twitter Under Musk’s Law: The Last Days of the Tesla Price War and the Reactivation of Donald Trump’s Account Against Inciting Violation
The electric car company accounts for most of Musk’s wealth, but his other companies have grown restless because of his frequent use of social networks. Tesla’s stock lost 65% of its value in 2022.
The other question is about how Musk’s attention affects his other companies in the future and whether we missed it. In December of last year, investors in the car company called on Musk to hand over control of social media site Twitter as the stock price of the company fell to its lowest level in over a year. Now Tesla has slashed prices on vehicles and is facing lower margins in what some are calling an EV price war, as it faces more competition than ever before.
It is unclear if Musk’s successor will continue to carry out his mandate of relaxing content moderation rules and attempting to find new ways to generate revenue on the ailing platform.
Notably, he reactivated former President Donald Trump’s account, which had been “permanently suspended” for inciting violence after the Jan. 6 siege on the Capitol. He has welcomed back on the platform right-wing users and other controversial figures who had also been previously barred violating policies rules against harassment and violent speech.
Musk has ruled the site erratically and quickly introducing a number of changes, among them stripping users of their “verified” bluecheck marks and allowing anyone to purchase a “verified” badge.
Why is he so excited about what he’s doing at the BNL Supercollider, not the Bjorken dynamo?
The billionaire has suggested that he doesn’t intend to lead the company permanently, and that’s why the announcement of a soon-to-be named replacement has been expected.
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
0
0
