Tesla and Twitter CEO and tech pioneer Elon Musk is making some major points in a recent tweet. Although the entire tech world is financially suffering temporarily due to the Federal Reserve’s rate hikes, Twitter may be a more profitable company than before long term.
This may be due to the leaner and meaner way Musk is running the company, in addition to new innovations and ideas that have nothing to do with politics other than the endorsement of more free speech perhaps.
In some of our previous stories as shown below, you can see how some companies have used the more difficult economic environment to justify ad spend cuts for Twitter in lieu of a “woke virtue signal” in our view. Many companies threatened to pull ads, some only paused ads and some never stopped.
Elon Musk tweeted “The party is on!!” showing that many companies recognize the value of using Twitter still:
The party is on!! 🚀 💫 ♥️https://t.co/zoa3qmcXqC
— Elon Musk (@elonmusk) January 17, 2023
Musk tweeted data to show that companies boycotting Twitter for a woke leftist agenda are only hurting themselves and possibly missing out:
“Companies in general are missing the incredible opportunity that Twitter provides to reach customers. Just Tweet interesting things! That’s all it takes.”
Companies in general are missing the incredible opportunity that Twitter provides to reach customers.
— Elon Musk (@elonmusk) January 17, 2023
Just Tweet interesting things! That’s all it takes. https://t.co/XTzhNNwgt6
Total views of tweets posted in the last 30 days by automakers that sold at least 10k cars in the U.S. in 2022:@Tesla 275.6M@BMW 4.34M@Dodge 1.74M@Ford .93M@Jeep .84M@MazdaUSA .5M@Honda .39M@Chrysler .23M@Kia .17M@VW .05Mhttps://t.co/hvWsaGb4DF
— Jeff Boichuk (@jeffboichuk) January 16, 2023
We won’t know how Twitter, Tesla, and many other tech and growth companies will do until a few more months or years of the fed figuring out where interest rates will permanently land. This speculation assumes no other major financial catastrophes as well.
It seems Musk at the helm of both companies and others is a net positive still in our view, despite the negative nellies and haters who want many on Twitter permanently censored for telling their opinions, which in many cases is simply the truth that leftists don’t like. This article is not financial advice in any way. Seek a financial advisor for investment advice.
