picture_67d2570c27039 With Tesla collapsing, Twitter in disarray, and now $144 billion gone, is Elon Musk able to recover from this financial nightmare?
Is There a Leadership Crisis in Twitter’s Chaos? Twitter has changed significantly since Elon Musk bought the company, but not all of these changes have been good.
His actions of firing hundreds of workers, reactivating contentious accounts, and changing content moderation guidelines have left the site erratic and unreliable. Musk’s financial problems have become worse.
As a result of a significant decline in ad income on Twitter, which has now changed its name to X. Among the most significant problems Twitter is now experiencing are:
Large-scale Advertiser Exodus: Because of worries about content filtering, major corporations including Apple, Disney, and Coca-Cola have removed their advertisements from the site.
Unstable Revenue Streams: Musk has implemented Twitter Blue and other subscription models, but the money made hasn’t been enough to offset the losses from advertising.