Elon musk twitter tesla

Musk’s financial maneuvering has at times surprised investors and drawn the ire of regulators. The Tesla CEO famously declared in 2018 he had “Funding secured” at $420 a share to take Tesla private. He later paid a $20 million fine to the Securities and Exchange Commission for the tweet and had to give up his board chairmanship of Tesla.

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/elon-musks-twitter-politics-add-to-pressure-on-teslas-brand-image-11669764014 Elon Musk has warned of dire financial challenges facing Twitter, the social media company he took over for $44 billion in October. WSJ’s Mark Maurer explains how the company is trying to fix its finances and avoid a potential bankruptcy. Photo Illustration: Laura Kammermann Tesla Inc.’s brand image in the U.S. has fallen in long-running surveys as the world’s largest car maker by market value faces new regulatory challenges and Chief Executive Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

Musk’s reputation is worth real money. It’s been a large part of the success of Tesla and SpaceX — the Musk aura has protected both companies. And Musk has been savvier than other CEOs in using social media for marketing. Between his Twitter account and appearances on YouTubers’ channels and podcasts, he’s cultivated a Very Online fandom. In fact, there is a whole parallel media ecosystem devoted to positive news about Elon Musk: This is still the fun part for Musk fans: they can imagine how Musk will handle moderation, and in their heads, he’ll do what they want. But Gen Xers should already know: reality bites. Unfortunately, the reality of moderation is that it’s messy, difficult, and miserable! Bad moderation choices — for whatever definition of “bad” you want — are immediately apparent to users and can chase them off. Bigger companies with more resources have struggled with content moderation; it’s hardly just a problem for Twitter. TikTok, for instance, has made by people who are likely to get harassed, such as creators with disabilities. Separately from the way that the company formerly known as Facebook has lost a piece of its moderation policy for three years. Google’s text snippets have, at times, In this context, dealing with Twitter’s problems is not so much a headache as a traumatic brain injury, and it’s happening at a terrible time: Tesla is just starting to face competition. I am reliably informed by the football watchers on staff that Chevy is spending big ...

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Elon Musk said that he “will make sure Tesla (TSLA) shareholders benefit from Twitter long-term” after they just lost billions of dollars. But how is the question? As we reported earlier this month, The market is also down during the same period, but Tesla is undoubtedly being affected more heavily by other factors than just the broader downturn in the stock market. For example, the market was up significantly over the last two days, and yet, Tesla’s stock plunged 10% as CEO Elon Musk made comments on Twitter that offended parts of the population. Many analysts are linking Tesla’s drop to Musk’s acquisition of Twitter – both due to his financing of the acquisition by selling Tesla stocks and through his use of the platform since the acquisition. In fact, Tesla is down a stunning 60% since Musk started selling TSLA stocks to acquire Twitter: Over the last few weeks, many long-time supporters of Musk have started to change their tune and express concerns about the direction Tesla’s CEO is heading. We reported on Leo KoGuan, a billionaire who is the third-largest Tesla shareholder, Gary Black, another big Tesla investor and long-time Musk supporter, said this yesterday: I will make sure Tesla shareholders benefit from Twitter long-term— Elon Musk (@elonmusk) The CEO didn’t elaborate on how he plans to make that happen. Considering Tesla lost over $500 billion in value since he moved assets from Tesla to Twitter, it would be quite an achievement to turn that around. Electrek’s...

The Tesla boss has This means his claim to be the planet’s wealthiest person is under threat, with France’s Bernard Arnault, chief executive of the luxury group LVMH, snapping at his heels. On Wednesday, share movements meant Arnault briefly took top spot. Musk has said of his However, Adding to those concerns, Musk’s bankers are considering replacing some of the $13bn high-interest debt that he used to buy the platform in October with margin loans backed by Tesla stock, However, the billionaire He is under pressure to turn around Twitter, which was already struggling before he bought it, making a $221m net loss last year. Privacy Notice: Newsletters may contain info about charities, online ads, and content funded by outside parties. For more information see our after newsletter promotion Since the acquisition, Musk has fired about half of Twitter’s workforce, roughly 3,700 employees, while hundreds more subsequently resigned. The company faces a