On Thursday, Elon Musk, speaking for the first time to Twitter employees, assured that he aims to have one billion users on the social network, but remained vague in the eyes of employees on the main topics, who are worried that a potential buyer does not respect a certain. company values.
After weeks of twists and turns, the entrepreneur answered many questions in a video conference via anonymous sources.
The multibillionaire reiterated that it aims to reach one billion users and diversify its sources of revenue. The social network had 229 million active users, who were called “monetized“It means that in the first quarter of this year it can be advertised on the platform. However, Elon Musk did not say how determined he was to buy Twitter.
Since revealing his first stake in early April, he has sent a number of controversial tweets, often tweeting critically, sometimes aggressively, to a platform where more than 98 million users follow him.
WeChat և TikTok as an example
On Thursday, he shared his passion for the social network, his favorite means of expression. However, he is not satisfied with the company’s financial results, for example, citing the success of applications belonging to the Chinese TikTok և WeChat groups. «Right now, expenses exceed revenues. Not a great situation“, He said, according to two media outlets.
«If Musk wants Twitter to be less “boring” or more like TikTok, it could mean a big shift to video (…), like the other networks that have copied it.The size of the short videos, Jasmine Enberg, an analyst at Insider Intelligence, responded.
Employees mainly questioned Elon Musk about his intentions in terms of his political vision, corporate culture, and working conditions. In April, he said his priority was not profitability, but the protection of free speech.
He reiterated the importance of his view on the non-strict moderation of the content within the limits established by law. Its design contradicts the design of many Twitter employees, associations and elected Democrats, who instead ask social networks to better fight against hate speech, harassment and misinformation.
Elon Musk, who tweeted on Wednesday that he was running for Florida’s ultra-conservative Republican Gov. Ron DeSantis for the 2024 presidential election, described himself on Thursday as “moderate“In politics. He has previously felt that Twitter “politically left-wing“Because it is based in San Francisco, it should be”more impartial«.
Wave for long distance work ազատ to get fired
His intervention comes days after he demanded that Tesla employees work face-to-face for at least 40 hours a week or lose their jobs. A speech that contradicts the speech of the current Twitter executives, who pledged to allow 7,500 employees to work completely remotely.
Elon Musk remained vague on the subject. According to the New York Times, he admitted that network employees do different jobs than those who design and assemble cars, but reaffirmed his preference for face-to-face.
As for his role, he mentioned that he wants to influence strategic orientations և product improvement. He did not specify whether he intends to lay off employees, but noted the performance consideration. During the meeting it was agreed “Musk culture ադրությունը The contrast of Twitter DNAnoted Wedbush analyst Dan Ives.
The richest man in the world is also annoying the employees of SpaceX, his space exploration company. “Some of them blame him for his behavior in the public sphere.”source of deviation և shame“Եւ call the company”publicly condemnHis Twitter account, in a letter to be sent to the President of SpaceX, reports The Verge.
In the stock market, the price of Twitter remains much lower (30% less) than the price offered by Elon Musk in mid-April, which is a sign that Wall Street is still not convinced.
The South African leader has secured the support of several major wealthy investment companies to reach $ 44 billion, which should be worth the acquisition. But the ardent entrepreneur also threatened to withdraw his offer because of the number of fake accounts on the network, which he thinks are too many.
Source: Le Figaro
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.