At a company-wide meeting yesterday, Tesla employees asked Elon Musk what to do with the Twitter drama surrounding his attempt to acquire the social media platform. The CEO says “ignore” it.
Elon Musk’s attempt to buy Twitter and take it privately has little to do with Tesla at first glance, but it has affected the company in some ways.
First, Musk sold Tesla shares for billions of dollars to finance the acquisition, which has negatively affected the stock. This in turn affects the morale of Tesla employees since it affects stock options, which can be a significant part of their compensation.
At another level, there have been many controversies surrounding the acquisition that affect Tesla employees at the political level. Musk has made it clear that he wants to change Twitter to something that is closer to a real freedom of expression platform.
It should not be political in itself, but the right wing believes that Twitter has a left-leaning bias that has pressured the platform to ban or suppress several prominent conservative figures, despite some studies discrediting the theory. Musk has followed that theory and said he would give back some of the conservative figures if the acquisition goes through.
This position has created a lot of drama, especially on the left side of the political spectrum, and it also affects Tesla employees. One of the employees asked Musk during a meeting at Tesla yesterday “how the Twitter drama affects people in Tesla and what … can you do to shield them from it”.
The CEO thought about it for a second and said to ignore Twitter:
Well you know. Ignore Twitter. Overlook. Overlook.
Musk then went on the field to buy the social media company and try to turn it into a freedom of speech. Interestingly, he mentioned during the pitch that he aims for about 80% of Americans to be on the platform:
When it comes to Twitter, it’s about how we can ensure that it’s a digital city square that is inclusive and as reliable as possible, and how ideally, I do not know, 80% of Americans are on it. They can express their opinion with reasonable freedom.
It would be a huge jump from the approximately 25% of adults in the United States who allegedly use the platform.
Musk’s acquisition has not yet gone to a shareholder poll, and the Tesla boss has threatened to kill the deal if he is not presented with data that shows what percentage of Twitter’s user base consists of robots.
Today, the company finally agreed to send the Musk data. Now it is a waiting game to see what Musk thinks about the data and whether the acquisition will go through.
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