- Index hide
Elon Musk is the first person in history to lose more than 200 billion dollars.
Musk sold billions in Tesla stock to finance his purchase of Twitter, sending the electric car company down in value.
Elon Musk acquired Twitter for $44 billion in April last year.
Recently, the current Twitter CEO, Elon Musk He gave details about how the interactions of said social network really work, since with his recent leadership in this network, some changes have been presented that have had a significant impact on the platform.
the tycoon Elon Musk has been really active on his personal account Twitterpractically every day he surprises us with something new, although his activity has also caused controversy since not everything he publishes is completely approved, since lately he has had conflicts that could take him to court for being accused mainly of securities fraud and this could cost him billions of dollars of his fortune, since a short time ago he ceased to be the richest man in the world, now remains in second place, after the French Bernard Arnault, CEO of luxury goods group LVMH, has snatched the first position with a heritage of more than 190 billion dollars.
Elon will witness a full jury trial beginning Tuesday in San Francisco federal court over his 2018 tweets four and a half years ago about a plan to privatize the electric car manufacturer with “secured financing”, despite the fact that this is several years old, the problem is that there is compelling evidence, per hour the lawyers of Musk They are working in their defense to change the narrative about these events.
“I am considering taking Tesla private at $420. Secured financing.
Shareholders can sell at $420 or own shares and go private, Elon Musk’s 2018 Tweet.
Am considering taking Tesla private at $420. Funding secured.
— Elon Musk (@elonmusk) August 7, 2018
Losing a class action case of this degree could lead to Musk dramatically reducing his net worth by losing billions of dollars.
Elon Musk detailed how interactions on Twitter really work
Elon Musk He spoke again about the new changes that Twitter will have, among them are the interactions, since he clarified some misconceptions that were held about them, since normally when someone wants to avoid receiving content about a specific account, they delete it, however the tycoon has stated that this is actually a bug as that way the algorithm will show more about what you trashed as this causes your interactions to be removed.
“Deleting the accounts you hate will cause our algorithm to show you more of those accounts as it is deleting your interactions.
Basically, if you love trashing *that* account, then you’ll probably love trashing *this* account, too. Not bad actually lol. The recommendation algorithm will be greatly improved and will be open source. Elon Musk noted via Twitter.
Trashing accounts that you hate will cause our algorithm to show you more of those accounts, as it is keying off of your interactions.
Basically saying if you love trashing *that* account, then you will probably also love trashing *this* account. Not actually wrong lol.
— Elon Musk (@elonmusk) January 17, 2023
All changes of Elon Musk on Twitter have been really questioned by Internet users since for some people, the decisions of the Tesla CEO They have not been fully approved, a few days ago it became controversy his proposal to charge users for obtaining the famous blue tick on Twitter, in addition to canceling certain accounts such as kanye west, in addition to several journalists from the United States, including reporters who work for The New York Times, Washington Post, CNN, Voice of Americaamong others.
Now read:
They sue Elon Musk for mososo; forgot to pay rent for Twitter offices
Twitter will have a special currency for content creators
Convince your boss to pay for the course “Marketing in Social Networks”