OPINION: This article may contain commentary which reflects the author's opinion.
Tesla CEO Elon Musk torched President Joe Biden on Thursday evening while discussing the 2024 election as well as former President Donald Trump.
“Even though I think a less divisive candidate would be better in 2024, I still think Trump should be restored to Twitter,” Musk tweeted.
“Biden’s mistake is that he thinks he was elected to transform the country, but actually everyone just wanted less drama,” he wrote in a second tweet.
Even though I think a less divisive candidate would be better in 2024, I still think Trump should be restored to Twitter
— Elon Musk (@elonmusk) May 12, 2022
Biden’s mistake is that he thinks he was elected to transform the country, but actually everyone just wanted less drama
— Elon Musk (@elonmusk) May 12, 2022
Musk sent shockwaves with a new announcement on his deal to purchase the social media platform Twitter.
Musk tweeted early on Friday morning that the deal was “on hold” in response to a story that showed Twitter claimed spam and bot accounts comprise less than 5 percent of its users.
“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” he said.
Still committed to acquisition
— Elon Musk (@elonmusk) May 13, 2022
“Twitter Inc estimated in a filing on Monday that false or spam accounts represented fewer than 5% of its monetizable daily active users during the first quarter,” the Reuters story said.
“The social media company had 229 million users who were served advertising in the first quarter,” it said.
“The disclosure came days after Tesla Inc Chief Executive Elon Musk, who has inked a deal to buy Twitter for $44 billion, tweeted that one of his priorities would be to remove spam bots from the platform,” it said.
Musk said on Tuesday that he would reverse Twitter’s permanent ban of former President Donald Trump if his bid to buy the social media company is successful.
Musk told the Financial Times that the ban “was morally wrong and flat out stupid.”
Last month, Trump said he “probably” would not return to Twitter if Musk reinstated his account.
In an interview with Sirius XM’s Americano Media, Trump said he “probably wouldn’t have any interest” in returning to the platform, where he had almost 90 million followers.
“You know, Twitter has become very boring. They’ve gotten rid of a lot of their good voices … a lot of their conservative voices,” Trump said.
The news comes after it was reported this week that Twitter Chief Executive Officer Parag Agrawal is freezing hiring and taking other cost-cutting measures now that Elon Musk’s bid to purchase the company has been accepted.
The company will not make any new hires and could possibly rescind offers it has already made a company memo said.
Some exceptions will be made for business-critical roles, as determined by Twitter leadership. The company is also pulling back on costs such as travel, consulting, and marketing, according to the memo.
Agrawal said global events, including the war in Ukraine and the supply chain crunch, have hurt Twitter’s business results and may continue to do so. The company isn’t planning company-wide job cuts, “but leaders will continue making changes to their organizations to improve efficiencies as needed,” Agrawal wrote.
“At the beginning of the pandemic in 2020, the decision was made to invest aggressively to deliver big growth in audience and revenue, and as a company, we did not hit intermediate milestones that enable confidence in these goals,” the CEO said. “In order to responsibly manage the organization as we sharpen our roadmaps and our work, we need to continue to be intentional about our teams, hiring, and costs.”
And two of the company’s top executives are both exiting the company.