with a kitchen sink at the end of October, a lot has changed. More than half of Twitter employees have been laid off, and many have wondered how long the social media can survive with the skeletal staff.
Musk has been trying to roll out the subscription-based service Twitter Blue, which has been quite a mess under Musk's leadership and the website's users into a tizzy with multiple "verified" accounts claiming some absurd things. Musk had his team had to shut down the service to make it all go away. But the toll of Musk's time at Twitter has been greater than that.
Musk, who had been warning the world about an incoming recession, could not have ill-time his offer more; since the U.S. Federal Bank began increasing interest rates to rein in runaway inflation and tech stocks across the board took a beating, Musk's tech-heavy Tesla was no exception.to date, largely due to two main factors. One is the offloading of Tesla shares that Musk has been engaging in, while the other is the amount of time Musk is spending at Twitter.
to ask people if he should sell Tesla stock to pay his taxes. The poll said yes, and Musk promptly did so. However, as it later became clear, Musk was due to receive more stock from Tesla, which would expire if he did not exercise the option. So, the poll did not really matter. Similarly, Musk held a poll last week for reinstating some Twitter accounts after he alleged that they had shared his live location on the platform. The account suspensions belonged to some prominent journalists and got Musk bad publicity.Since the suspensions were enacted without sufficient explanation, they had to be restored, but Musk attributed the move to a win for the public on the platform.
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