Undermining the brand
Not just Tesla investors are fed up with CEO Elon Musk, who has made a complete mess of his takeover of Twitter.
According to CNET, even the company’s clients are beginning to avoid doing business with the troubled billionaire by choosing a rival or canceling their orders.
According to a biotech executive whose Model S lease is about to expire, “His personality is totally destroying the Tesla brand.” I’m looking forward to living a life without Elon.
The article emphasizes the extent to which Musk’s actions, which have included making clearly anti-trans comments, disseminating false material, and banning journalists for violating nebulous and quickly changed new standards, are harming Tesla’s reputation in the real world.
Another Model 3 lessee, who canceled his pᴜrchase for a new Tesla, told the publication, “I don’t want to support a company or anyone that acts that way.”
It’s unclear where this kind of devaluation of a once-revered brand leaves the business. As he searches for a CEO to take over operations at Twitter, Musk has a lot of damage control to perform in the upcoming weeks or months.
Tesla’s stock has plummeted more than 60% since the year’s beginning, leaving it in the red. Musk has angered investors by leaving the company in a precarious situation.
Wall Street lowered Tesla’s rating on Monday as a result of a dismal weekend replete with Musk’s antics.
To be clear, Tesla’s troubles are probably far from over. The business still enjoys a significant advantage over its rivals in the EV market.
However, the foundation is beginning to fall apart, and this time, Musk’s myᵴterioᴜᵴ actions aren’t going undetected.
Elon Musk announces he will step down as CEO of Twitter
After being beaten in his own diᵴaᵴtrous vote, Twitter CEO Elon Musk has decided to quit from his position.
The CEO of Tesla, who is 51 years old, stated that he would ‘abide by’ the result of the poll that he had arranged and committed to honor. In the poll, he asked people if he should stand down from his position.
Tonight, he announced that he would be resigning from the position that he had pᴜrchased for $44 bιllιon, but only after he had found a successor who was “foolish enough” to take over.
The bιllιonaire posted on Twitter: “As soon as I find someone sтupιɗ enough to take the position, I will resign as CEO!” After that, I will only be responsible for managing the software and server teams.
One who always keeps his word: The bιllιonaire posted on Twitter: “As soon as I find someone sтupιɗ enough to take the position, I will resign as CEO!” After that, I will only be responsible for managing the software and server teams. The survey, the results of which were shared online over the weekend, revealed that 57.5% of respondents wanted Elon to step down from his position.
On Monday morning, it was revealed that the outcome of his poll had been certified, with a total of 57.5 percent of more than 17 million accounts voting in favor of him resigning from his position.
Comparatively, 42.5% of users voted in favor of retaining him on as the website’s head, which is equivalent to over 7.5 million people.
After making the poll public, Musk issued a cautionary statement, stating, “As the old proverb goes, be cautious what you wish for, as you just could get it.”
Musk, who is normally a very active user of the platform and who is also the CEO of the automobile manufacturer Tesla and the rocket company SpaceX, did not tweet in the hours immediately following the poll.
His silence was finally broken just before 11.30 p.m. on Monday when he responded with the word “interesting” to a suggestion made by convicted fraudster Kim Dotcom, the founder of the once immensely popular file-sharing website Megaupload, that the results of the poll were skewed by fake accounts. Dotcom claimed that the results of the poll were skewed by fake accounts.
Elon Musk announced that he will step down from his post as CEO of Tesla after losing a poll he conducted on Twitter; however, he stated that he must first find someone who is “foolish” enough to take over his position.
Musk remarked, “Good argument” in response to a recommendation made by another user that “Blue subscribers should be the only ones that can vote in policy-related polls.” Twitter is going to implement the adjustment.
His torrent of tweets lasted well into the early hours of Tuesday morning, during which he shared links to the website’s statistics for the World Cup and laughed at a humorous take on Bruce Wayne conducting a survey over his future as Batman.
A satirical poll was conducted by the rapper Snoop Dogg, who asked his audience whether they thought he should succeed Musk as Twitter CEO by presenting the question, “Should I manage Twitter?”
After ten hours, 81.8% of the one million people who had participated in his survey had indicated that they agreed with him.
After protesting that certain journalists had released details regarding the travels of his private jet, which he said could imperil his family, Musk has suspended the accounts of many journalists in recent days.
Employees of CNN, The New York Times, and The Washington Post were among those affected by a move that attracted widespread condemnation from a variety of organizations, including the United Nations and the European Union.
Users of Twitter received word on Sunday that they would no longer be able to promote content from other social networking sites. This change took effect immediately.
However, a few hours later, Musk appeared to change his mind, tweeting that the policy will be confined to “suspending accounts solely when that account’s *primary* purpose is promotion of competitors.”
“From this point on, there will be a vote to make significant changes to the policy. My apologies. He tweeted that it wouldn’t happen again.
The attempted ban had been met with shouts of displeasure, and even Twitter cofounder Jack Dorsey, who had supported Musk’s takeover, was perplexed by it.
The new regulation was met with a single-word question from Dorsey in the form of a tweet: “Why?”
In November, he sent the workforce a warning that it was possible that the company may fail.
In addition to this, he stated publicly on the platform that Twitter has been “on the fast track to bankruptcy” since the month of May.
Unpredictable entrepreneur Since October 27th, Musk has owned the social media platform Twitter.
His poll on Sunday night came after weeks of controversial moves, such as firing half of Twitter’s global workers, re-inviting personalities associated with the far right to use the network, and attempting to charge for services that had previously been provided free of charge.
Twitter has also said that it will no longer participate in efforts to counteract the falsehoods spread by Covid-19.
Since Musk took control of Tesla, some market analysts have noted that the company’s stock price has dropped by a third since that time. On Monday, there was a brief increase in the share price of 3.3% before it began to decline again.
Because of his dedication to the right to free speech, a number of organizations concerned with internet safety have accused the bιllιonaire of facilitating the spread of hatred, abuse, and false information on the site.
In spite of the fact that it is currently unknown who could take Musk’s place if he were to make the decision to stand down, a number of critics have pointed out that the bιllιonaire would still have the last say on any significant decisions because Twitter is owned by him.
Musk has been publishing what are being called the “Twitter files” over the past few weeks, which indicate how the website dealt with the United States Government before he seized control of it.
The first group of emails dealt with the drama surrounding Hunter Biden and the attempts made to have images of him deleted from the website.
Musk has been criticized for the way that he manages Twitter, which was photographed in Stavenger, Norway, at the Offshore Northern Seas 2022 conference.
It was disclosed yesterday night in a second leak that journalist Matt Taibi had posted that the FBI had demanded that officials from the social media giant give them information about how they were enforcing safety online. This information was released in the second release.
After receiving the requests from agent Elvis Chan, former “Twitter censor” Yoel Roth expressed concern that the FBI might be bгҽαĸιng the law in order to assist US intelligence in engaging in domestic operations, as shown by the emails that were made public.
In response to Chan’s question, he told her, “I’m honestly perplexed by the requests here, which sound more like something we’d hear from a congressional committee than the Bureau.”
The fact that FBI officials asked Twitter to provide them with the locations from where some accounts were being managed prompted concerns that this was an assault on the free speech guaranteed by the First Amendment.
The Federal Bureau of Investigation (FBI) gave its response to Taibi in the form of a statement, which read as follows: “The FBI regularly engages with private sector entities to provide information specific to identified foreign malign influence actors’ sᴜbveгsive, undeclared, covert, or criminal activities.”
Since acquiring control of the website, Musk has asserted that it is a stronghold of free expression and has made efforts to get individuals who had previously been prohibited from using the service to use it again.
In November, he reached out to the former president Do𝚗alԀ Trᴜмр, who was banned from Twitter in January 2021 following an uprising in the United States Capitol.
Shortly after completing the pᴜrchase of Twitter, Musk made the announcement that he had revived Trump’s account. At the time of his suspension, Trump’s account had more than 88.9 million followers.
However, Trump rejected his offer, which prompted Musk to launch a series of tweets and blogs criticizing Trump for passing up the opportunity.