On July 27, 2018, Tesla CEO Elon tweet tweeted that he was considering taking Tesla private at $420 per share. The tweet created a media frenzy and caused Tesla’s stock price to jump by almost 20%. Shortly after, Twitter released a statement saying that the company had not given Musk authorization to make the tweet. In this article, we will explore how Twitter handled the situation and what it means for
What was Elon Musk’s tweet about?
Musk tweeted about deleting his account earlier this week and offered a reasoning for his decision.
“Twitter is broken. Many times I have deleted my account because of the way it is used, to bully people, etc,” wrote Musk. “I hope to find something that is more efficient Elon tweet and less aggresive.”
Many users took to Twitter to voice their disapproval of Musk’s decision, with some accusing him of abandoning social media altogether. However, others applauded the billionaire entrepreneur for taking a stand against what they saw as an negative trend on Twitter aarp word games.
“Elon tweet joins the growing list of CEOs who are leaving or considering quitting twitter due to its toxicity,” said one user. “Hopefully he will set an example and encourage other CEOs to do the same.”
What did the backlash to the tweet look like?
Elon Musk’sElon tweet tweet that he was taking Tesla private caused a stir on social media. The tweet was met with a backlash, with some people saying that the move was unprofessional and over-the-top. Here’s how the tweet and the ensuing backlash looked:
The Elon tweet sparked a lot of controversy on social media with many people criticizing it for being unprofessional and over-the-top. Some users even said that Musk should have waited until after Tesla’s shareholder meeting to make the announcement. According to CNBC, some of the reactions to Musk’s tweet include:
“This is not how you run a company,” one user wrote. “You just lost my confidence.”
“Is this really what you want your legacy to be? Values of integrity, hard work,& compliancy?” another person tweeted.
Some people were more positive about the announcement, applauding Musk for his guts in taking Tesla private at such a critical point in its history. Others said that Musk should have made the announcement at a later date so as not to disrupt Tesla’s stock price during its shareholders meeting. Overall, the Twitter backlash against Musk’s tweet was negative, with many people saying that he made an unprofessional move.
How did Elon respond to the backlash?
Elon Musk responded to the backlash on Twitter by stating that he was not trying to be critical of Tesla and that he “loved” the company lefta shield. He also said that he disagreed with some of the things that were said about him and Tesla.
What are the potential implications of this tweet?
The tweetstorm started when Tesla CEO Elon Musk tweeted he was considering taking Tesla private at $420 per share
The potential implications of this tweet are as follows:
1. This could be seen as a blatant attempt to manipulate the stock price.
2. It could damage Tesla’s reputation and make it harder for them to raise money in the future.
3. It could also lead to Tesla being taken over by a bigger company.
Background of Elon Musk and Twitter
Elon Musk, the founder and CEO of SpaceX, Tesla Motors, and SolarCity, is one of the most influential people on Twitter.
He has over 10 million followers on the social media platform and his tweets have been known to influence public opinion.
Musk first gained attention for his work in space technology when he founded SpaceX in 2002. His company has successfully launched numerous missions into orbit, including a cargo mission to the International Space Station in 2013.
Musk is also the founder and chairman of Tesla Motors, which was founded in 2003. Tesla’s flagship product is the Model S sedan, which has been praised for its luxury features and performance. The company has also developed the Model X SUV, which is set to hit the market later this year.
SolarCity is another Musk company that was founded in 2006. SolarCity provides residential solar systems to customers across the United States. The company has received several awards, including being named one of Forbes’ “100 Best Companies To Work For” in 2015.
The Tweet that Started it All
In early August, Tesla CEO Elon Musk sent out a controversial tweet about taking the company private. The tweet sparked a lot of discussion and speculation on Twitter, with many people wondering why he would want to take the company private.
This is what started it all:
Naturally, people began to speculate as to why Musk would want to take Tesla private and what this could mean for the company’s future. Some thought that this might be some kind of ploy to keep his company from being taken over by a competitor, while others believed that this was just another example of Musk’s unconventional way of thinking.
None of us really knew for sure what was going on, but the conversation around Tesla’s potential privatization continued to grow. This was especially true after CNBC reported that Musk had been talking about taking Teslaprivate for months before he even tweeted about it.
It wasn’t until after Musk’s tweet that we learned more about why he felt like taking the company private would be a good idea.
In a blog post published on Tesla’s website earlier that same day, he explained how going private would allow the company to “focus on our mission” and “maximise our opportunities.”
So, why did Musk decide to tweet about taking Teslaprivate if all of this information
The Response from Tesla Shareholders
Tesla shareholders are responding positively to Elon Musk’s Twitter apology.
There was an outcry on social media after CEO Elon Musk deleted a tweet that said he was considering.
Musk issued an apology on Twitter and said the tweet was not meant to be taken seriously. He also said he would leave his role as CEO of Tesla.
shareholders responded positively to Musk’s apology, with many saying they appreciate how quickly he reacted. One shareholder wrote that the billionaire leader “has set the tone for Tesla moving forward.”
Critics of Musk say his tweets show a lack of judgement, but many shareholders say they are confident in his leadership skills.
The Reactions from Other Businesses
When Elon Musk tweeted that he was considering taking Tesla private, the stock market responded with alarm. Some prominent business people quickly voiced their disapproval on Elon tweet , criticizing Musk for potentially damaging the company’s reputation and disrupting the market.
Others took to social media to commend Musk for taking such a bold step and helping to improve shareholder value. For many CEOs, this would have been unthinkable behavior just a few years ago. Here’s how other businesses reacted to Elon Musk’s tweet…
One CEO even claimed that Tesla would be worth even more if it went private.
While some saw the move as risky and unnecessary, others claimed that it was necessary in order to save.
Regardless of whether or not you agree with Elon tweet decision, it is clear that he has created a lot of buzz and stirred up a lot of debate among business leaders around the world.
Conclusion
Elon Musk’s tweetstorm yesterday was a masterclass in setting things right on Twitter.
He acknowledged the anger and frustration that people were feeling, apologized for his original tweets, and outlined what he planned to do to make things better.
If you’re experiencing any negative Twitter feedback (or if you just want to be really good at social media),