Elon Musk says advertisers are fleeing Twitter

On the exact same day that Twitter is going through huge layoffs, Main Twit Elon Musk is throwing fuel on the fireplace by claiming that advertisers are leaving the social media system.

In a tweet, Musk explained that the corporation has skilled a “massive” lower in revenue, but did not specify more than what period of time that transpired. In addition, the new owner/CEO/Helpdesk Hotline claimed that the purpose for the revenue decline was “due to activist groups pressuring advertisers.”

He went even additional, boasting that these unnamed activist groups ended up “trying to demolish no cost speech in America” by pressuring advertisers to leave the system.

Musk did not present any insight into which advertisers experienced still left or which activist groups had reportedly pressured these corporations into leaving the platform, so it’s currently unclear if something he reported is correct. However, it undoubtedly did a single issue, and that was to rile up consumers on the system. The tweet, which transpired on Friday morning, by now has just about 50 percent a million likes.

Although it’s unclear which advertisers Musk was pointing at with the accusation, there are some firms who have paused advertising on the system. As famous by The Verge, Normal Motors, Normal Mills, and Audi have all temporarily halted promoting on Twitter soon after Musk’s acquisition of the company.

Just very last 7 days, Musk took to Twitter to try and reassure associates that Twitter would remain a very good system for advertisers. The new owner stated that he would assure Twitter did not become a “free-for-all hellscape.”