It turns out that Elon Musk must follow in Donald Trump’s footsteps. Like the former Republican president, the richest man in the world is one of the toughest personalities on the social network Twitter (TWTR) – Get Twitter, Inc. Postponement.
Musk his opinion, announces information, such as updates, similar to his corporations (Tesla (TSLA) – Get Tesla Inc Report, SpaceX, The Boring Company). He fights his battles against his detractors in the gallery, responds to his opponents, challenges his detractors.
On Twitter, the billionaire even goes so far as to seek monetary recommendations from the public to sell or not a part of his shares in Tesla, for example.
“There has been a lot of communication in recent years about unrealized profits as a means of tax evasion, so I propose to sell 10% of my Tesla shares,” Musk wrote on Nov. 6, 2021.
“Do you do this?” asked Twitter users and presented a survey on selling 10% of their stake in Tesla.
“I will respect the effects of this survey, regardless of direction,” he added.
Musk’s shares in Tesla make up the bulk of his huge non-public fortune, which is estimated at $256 billion as of March 26, according to the Bloomberg Billionaires Index. Days after the result of the vote favored the sale of his 10% stake in Tesla, Musk began selling shares as promised. The result of the vote caused Tesla’s shares to fall. The Securities and Exchange Commission (SEC) issued subpoenas to Musk and Tesla a few days later, the company and Musk recently revealed.
In short, Twitter is the tech mogul’s communication link with the world. Exchange with fans. In addition, Musk has more than 79 million followers, more than top stars and athletes. This shows the importance of the platform for their communication because their companies, and in this case the manufacturer of electric cars Tesla, do not spend a penny on marketing. or advertising.
But Twitter also gains a lot from Musk on the platform. The entrepreneur has a personality that goes beyond Silicon Valley circles and the automotive industry. He’s a mega influencer.
But now it seems that the two are heading towards divorce. Musk is thinking about launching a new platform, a kind of new social network.
“Would you create a new social media platform, @elonmusk?” a Twitter user asked Musk on Saturday. it is very minimal. I think this kind of platform is necessary. “
Musk beat around the bush and responded obviously and bluntly.
“I’m seriously thinking about this,” Musk replied, elaborating.
Interestingly, this data comes as Musk is running Volume 3 of his well-known “Tesla Motors Master Plan” aimed at saving the planet from death by pollutants and revolutionizing other industries. Will the launch of a new social network be one of them?
Musk’s opinion on the launch of a new social platform is the conclusion of two days of image reflected in Twitter’s role in the loose speech.
It all started on March 25 with this tweet: “Freedom of expression is essential for the functioning of a democracy. Do you who Twitter strictly adheres to this principle?” writes the entrepreneur.
The consultation accompanied through a survey to which more than 2 million Twitter users responded. Just over 70% responded that Twitter was not fully compliant with the First Amendment.
And Musk also warned that: “The consequences of this vote will be significant. Thank you for voting carefully. ” And as we saw with the vote on the sale of his 10% stake in Tesla, Musk helps deliver on his promises.
The next day, Musk took another step in his vendetta against Twitter. He said Twitter had “the city’s de facto public square, not adhering to the principles of free speech fundamentally undermines democracy. “
And he raised a new, much more appealing one for Twitter users that has the potential to replace the social media landscape.
“Is a new platform needed?” Musk asked.
Musk’s preference for Twitter is reminiscent of President Donald Trump’s attempt to launch his own social network after being permanently banned from Twitter after the November 2020 election. This new social network that competes with Twitter, Truth Social, was recently introduced with wonderful fanfare.
So far, it hasn’t had the same luck as Twitter. Also, Trump isn’t as active there as he is on Twitter.
But unlike Trump, Musk is tech-savvy. He has stories of good fortune as PayPal (PYPL) – Get PayPal Holdings, Inc. Report, of which he was a co-founder.