Elon Musk and the fall of Twitter

[Pejoh Asu]

The thing that surprised many people at the end of last year was the issue of elon musk buying twitter, at first i doubted whether elon musk would be serious about this plan, and now all speculation is over because elon musk officially becomes the owner of twitter, and the big thing that elon musk has done is changed a lot of employees so it created a bit of a shake up which has a lot of users worried about twitter.

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[BRINIRHA]

There is a large amount of possible speculation around this fact, Elon has a rather eccentric personality, and while it may be true that he has a large number of unquestionable abilities, there are certain aspects that despite his talent he does not give the best of. of the coverage, the management of most of the dependencies under his responsibility, is far from the dynamic that is naturalized in twitter and unfortunately this has managed to be noticed in the results that he has obtained with it, and although several people say or intuit that there may be a purpose behind this, I personally doubt it and it is even among so many factors, he is still a human being and is susceptible to making mistakes or not making the best decisions on certain occasions.

Elon is smart and he always surprises everyone. But he is still a human being who definitely has many flaws. Even after he got hold of Twitter, as we can see, only a lot of negative news emerged criticizing the steps taken by Elon. Maybe Elon is not suitable for businesses in the field of social media platforms. He fits better in his current field of technology and artificial intelligence and such. And Elon has realized that he is not cut out to be CEO of Twitter. And Elon made the right move by appointing Linda Yaccarino who will replace him as the new CEO of Twitter.

[coupable]

Elon is smart and he always surprises everyone. But he is still a human being who definitely has many flaws. Even after he got hold of Twitter, as we can see, only a lot of negative news emerged criticizing the steps taken by Elon. Maybe Elon is not suitable for businesses in the field of social media platforms. He fits better in his current field of technology and artificial intelligence and such. And Elon has realized that he is not cut out to be CEO of Twitter. And Elon made the right move by appointing Linda Yaccarino who will replace him as the new CEO of Twitter.

This is the key idea in the whole topic; It is Elon Musk's first experience in running a business with stronger competitors than him in the market, in addition to the fact that Twitter is a company that loses more than it gains, which explains all the decisions that it took in an attempt to increase the platform's revenues. Elon Musk is accustomed to creativity in modern fields where the field of error is open and he can get support even if one of the schemes does not succeed. In the field of "social media", there are rules that control the market in the presence of competitors whose products must be taken into consideration before taking any decision. The appointment of another CEO of the company proves the failure of Elon Musk in managing it.

[Fatunad]

Elon is smart and he always surprises everyone. But he is still a human being who definitely has many flaws. Even after he got hold of Twitter, as we can see, only a lot of negative news emerged criticizing the steps taken by Elon. Maybe Elon is not suitable for businesses in the field of social media platforms. He fits better in his current field of technology and artificial intelligence and such. And Elon has realized that he is not cut out to be CEO of Twitter. And Elon made the right move by appointing Linda Yaccarino who will replace him as the new CEO of Twitter.

This is the key idea in the whole topic; It is Elon Musk's first experience in running a business with stronger competitors than him in the market, in addition to the fact that Twitter is a company that loses more than it gains, which explains all the decisions that it took in an attempt to increase the platform's revenues. Elon Musk is accustomed to creativity in modern fields where the field of error is open and he can get support even if one of the schemes does not succeed. In the field of "social media", there are rules that control the market in the presence of competitors whose products must be taken into consideration before taking any decision. The appointment of another CEO of the company proves the failure of Elon Musk in managing it.

Even billionaires arent perfect when it comes to decisions that they had made out and come to think that Elon isnt really that in social media thing on which its not his expertise on the first place, he might be able to buy the company but doesnt mean that he would really be knowledgeable on trying out to run this business on which unlike into those owners who do have the good knowledge on running on this business would really be always be having the advantage on which it isnt something shocking if we do speak about on having comparison. Elon is aware about those trial and errors and guaranteed that he is really that already getting used to it.
If he do make out some decisions towards on what are those changes but turns out to be a failure then he would just simply skip it and try another one and if not then he would be deciding
on hiring other CEO for it to be handled as simple as that. Yes, he could get some criticisms but its not really something that would really be a big issue.

[Sithara007]

The thing that surprised many people at the end of last year was the issue of elon musk buying twitter, at first i doubted whether elon musk would be serious about this plan, and now all speculation is over because elon musk officially becomes the owner of twitter, and the big thing that elon musk has done is changed a lot of employees so it created a bit of a shake up which has a lot of users worried about twitter.

A lot of people still believe that Elon paid a lot more than what he should have. But then, Elon later commented on this topic and claimed that the price was fair and it was done to restore free speech. People like me are thankful to Elon, after he kicked out far-left loonies like Vijaya Gadde and Parag Agrawal, who wanted to censor anything even remotely related to the right-wing. Profit was not his primary concern. But given the talent that Elon possess, I am sure that he will make Twitter one of the most profitable social media platforms.

[Pierre 2]

The thing that surprised many people at the end of last year was the issue of elon musk buying twitter, at first i doubted whether elon musk would be serious about this plan, and now all speculation is over because elon musk officially becomes the owner of twitter, and the big thing that elon musk has done is changed a lot of employees so it created a bit of a shake up which has a lot of users worried about twitter.

I think its far worse than what we worried now. Twitter is definitely not as profitable as Instagram or Facebook because its marketing targeting is not very good. Its ads are inefficient. Twitter userbase is very different than average Instagram userbase so they don't spend a lot anyways. I think Elon must understand he can't compensate losses only through twitter blue. He needs to convince advertisors to generate more money.

[bakasabo]

Isnt Twitter in general has less options than Instagram and Facebook to be able to compete with them in profitability ? I think Elon isnt using Twitter only to get profit from subscriptions and ads. Perhaps for a decent amount of money, they can adjust users feed so, that users will only get specific information aka he uses twitter for manipulation. I was wondering if after Marks Zuckerbergs Threads fail did Twitter received some benefits. Maybe Twitter shares gained in price?

[coupable]

Elon is smart and he always surprises everyone. But he is still a human being who definitely has many flaws. Even after he got hold of Twitter, as we can see, only a lot of negative news emerged criticizing the steps taken by Elon. Maybe Elon is not suitable for businesses in the field of social media platforms. He fits better in his current field of technology and artificial intelligence and such. And Elon has realized that he is not cut out to be CEO of Twitter. And Elon made the right move by appointing Linda Yaccarino who will replace him as the new CEO of Twitter.

This is the key idea in the whole topic; It is Elon Musk's first experience in running a business with stronger competitors than him in the market, in addition to the fact that Twitter is a company that loses more than it gains, which explains all the decisions that it took in an attempt to increase the platform's revenues. Elon Musk is accustomed to creativity in modern fields where the field of error is open and he can get support even if one of the schemes does not succeed. In the field of "social media", there are rules that control the market in the presence of competitors whose products must be taken into consideration before taking any decision. The appointment of another CEO of the company proves the failure of Elon Musk in managing it.

Even billionaires arent perfect when it comes to decisions that they had made out and come to think that Elon isnt really that in social media thing on which its not his expertise on the first place, he might be able to buy the company but doesnt mean that he would really be knowledgeable on trying out to run this business on which unlike into those owners who do have the good knowledge on running on this business would really be always be having the advantage on which it isnt something shocking if we do speak about on having comparison. Elon is aware about those trial and errors and guaranteed that he is really that already getting used to it.
If he do make out some decisions towards on what are those changes but turns out to be a failure then he would just simply skip it and try another one and if not then he would be deciding
on hiring other CEO for it to be handled as simple as that. Yes, he could get some criticisms but its not really something that would really be a big issue.

The amount of the deal was huge, which forced him to sell part of his shares in one of his other companies and sell almost all of his bitcoins, in addition to borrowing a large part of the amount from several banks with high interest rates. This raises the risk level and is supposed to reduce the scope of error, especially since his other companies do not generate enough profits to cover the expenses of the platform, and he is forced to pay the first installment of the loan interest to the banks on a specific date.
What happened was that he started taking decisions on his own instead of appointing an experienced executive director in the field and able to contain the platform crisis and change it from a losing platform to a profitable project.

[Casdinyard]

Isnt Twitter in general has less options than Instagram and Facebook to be able to compete with them in profitability ? I think Elon isnt using Twitter only to get profit from subscriptions and ads. Perhaps for a decent amount of money, they can adjust users feed so, that users will only get specific information aka he uses twitter for manipulation. I was wondering if after Marks Zuckerbergs Threads fail did Twitter received some benefits. Maybe Twitter shares gained in price?

Wait did it really fail? I found that I was using threads more than Twitter nowadays, granted the content from Threads is a little stale cause most of it felt like 2012 Facebook and Twitter lol but it's far from dead. Moreover, Twitter was monetized way back then right? Before Elon stepped in there were avenues for Content Creators and the Company itself to make profit from, cause if they were always running on a net negative there's no way they'd be able to pay their employees, which are by the way more than what Twitter has now. In my opinion Twitter with the oncoming of NFTs and all that is more profitable compared to Facebook and Instagram cause you'd always see projects left and right having twitter handles and announcement accounts, but you'd seldom see projects go out of their way to sponsor ads on Instagram and Twitter.

[JeffBrad12]

Isnt Twitter in general has less options than Instagram and Facebook to be able to compete with them in profitability ? I think Elon isnt using Twitter only to get profit from subscriptions and ads. Perhaps for a decent amount of money, they can adjust users feed so, that users will only get specific information aka he uses twitter for manipulation. I was wondering if after Marks Zuckerbergs Threads fail did Twitter received some benefits. Maybe Twitter shares gained in price?

I think thread is still too early to be judged as some failure, meanwhile even if it does fail I guess it will not have any benefits for twitter other than maybe recovering back its stock price which has been plummeting ever since.
I think honestly with the current circumstance of twitter which is total mess I don't think elon could think that far ahead. well I don't know, they guy is certainly smarter than most of us, but its just baffling seeing his business decision which seemed like he want to make ROI as fast as possible through any means.
maybe he just want to get back the money that he lost that got spend for the platform.

[jossiel]

I think its far worse than what we worried now. Twitter is definitely not as profitable as Instagram or Facebook because its marketing targeting is not very good. Its ads are inefficient. Twitter userbase is very different than average Instagram userbase so they don't spend a lot anyways. I think Elon must understand he can't compensate losses only through twitter blue. He needs to convince advertisors to generate more money.

We can see that Twitter has really to do it.

Look at what Facebook did recently, despite being profitable with a lot of ads going in and out onto the platform. They've just launched the blue tick and meta verified for each profile.

There's a monthly pay on it just like what Twitter is asking for its blue tick from its users. So, with that move from meta, they really are trying to extract every possible source of revenue for them.

[bakasabo]

Isnt Twitter in general has less options than Instagram and Facebook to be able to compete with them in profitability ? I think Elon isnt using Twitter only to get profit from subscriptions and ads. Perhaps for a decent amount of money, they can adjust users feed so, that users will only get specific information aka he uses twitter for manipulation. I was wondering if after Marks Zuckerbergs Threads fail did Twitter received some benefits. Maybe Twitter shares gained in price?

Wait did it really fail? I found that I was using threads more than Twitter nowadays, granted the content from Threads is a little stale cause most of it felt like 2012 Facebook and Twitter lol but it's far from dead. Moreover, Twitter was monetized way back then right? Before Elon stepped in there were avenues for Content Creators and the Company itself to make profit from, cause if they were always running on a net negative there's no way they'd be able to pay their employees, which are by the way more than what Twitter has now. In my opinion Twitter with the oncoming of NFTs and all that is more profitable compared to Facebook and Instagram cause you'd always see projects left and right having twitter handles and announcement accounts, but you'd seldom see projects go out of their way to sponsor ads on Instagram and Twitter.

What about this graph?

For me, it seems that people at first only tried Threads but later went back to place they used to. I believe that people will still have Twitter as their primary platform, but use Threads only as secondary and to get cross platform users feeds (in short they will have Threads just for SMM usage).

Isnt Twitter in general has less options than Instagram and Facebook to be able to compete with them in profitability ? I think Elon isnt using Twitter only to get profit from subscriptions and ads. Perhaps for a decent amount of money, they can adjust users feed so, that users will only get specific information aka he uses twitter for manipulation. I was wondering if after Marks Zuckerbergs Threads fail did Twitter received some benefits. Maybe Twitter shares gained in price?

I think thread is still too early to be judged as some failure

Same as to early to claim that after Elon got Twitter, Twitter started to fall. How long has he been in charge there? Half a year? In a company that has 16 years history. But with Threads, Zuckerberg just made a copy of already existed social media. Nothing new. If Elon would have created his own Facebook, it would have failed also.

[mich]

Well Elon Musk has again tweeted about new name for Twitter, called X. He did say it is part to make his Super App and he did talk about this before.

He is just waiting for a good enough X logo. And then he will change it from the bird to the X logo.

https://www.ndtv.com/world-news/shall-bid-adieu-to-twitter-brand-soon-elon-musks-cryptic-tweet-4233287

[onecall123]

Well Elon Musk has again tweeted about new name for Twitter, called X. He did say it is part to make his Super App and he did talk about this before.

He is just waiting for a good enough X logo. And then he will change it from the bird to the X logo.

https://www.ndtv.com/world-news/shall-bid-adieu-to-twitter-brand-soon-elon-musks-cryptic-tweet-4233287

Exciting times ahead! The "everything" app is on its way!

So, Elon Musk has this plan to rebrand Twitter. And, because of this Twitter is now going to be called 'X'

Elon's big vision is to turn 'X' into the ultimate everything app, similar to the popular Chinese app WeChat, which does pretty much everything!

[mich]

Yes you are right about this. And Elon Musk did say the new X will change the way you do business financially.

He said we will be able to 'conduct your entire financial world on the platform'. This is very exciting thing to hear from him.

https://www.businesstoday.in/technology/news/story/twitter-name-made-sense-when-it-was-140-character-messages-elon-musk-says-x-is-not-just-a-name-change-391101-2023-07-25

[NotATether]

Well Elon Musk has again tweeted about new name for Twitter, called X. He did say it is part to make his Super App and he did talk about this before.

He is just waiting for a good enough X logo. And then he will change it from the bird to the X logo.

https://www.ndtv.com/world-news/shall-bid-adieu-to-twitter-brand-soon-elon-musks-cryptic-tweet-4233287

Exciting times ahead! The "everything" app is on its way!

So, Elon Musk has this plan to rebrand Twitter. And, because of this Twitter is now going to be called 'X'

Elon's big vision is to turn 'X' into the ultimate everything app, similar to the popular Chinese app WeChat, which does pretty much everything!

Well that vision looks far far away from becoming true, because currently the only thing you can do with "X" is tweet with it (and trading features are nowhere in sight). It's not like he's magically going to find developers and program managers to design mini-apps to compete in other fields when Twitter is still cash negative and can't even sustain its own service.

[xSkylarx]

Well Elon Musk has again tweeted about new name for Twitter, called X. He did say it is part to make his Super App and he did talk about this before.

He is just waiting for a good enough X logo. And then he will change it from the bird to the X logo.

https://www.ndtv.com/world-news/shall-bid-adieu-to-twitter-brand-soon-elon-musks-cryptic-tweet-4233287

Exciting times ahead! The "everything" app is on its way!

So, Elon Musk has this plan to rebrand Twitter. And, because of this Twitter is now going to be called 'X'

Elon's big vision is to turn 'X' into the ultimate everything app, similar to the popular Chinese app WeChat, which does pretty much everything!

Well that vision looks far far away from becoming true, because currently the only thing you can do with "X" is tweet with it (and trading features are nowhere in sight). It's not like he's magically going to find developers and program managers to design mini-apps to compete in other fields when Twitter is still cash negative and can't even sustain its own service.

There were a ton of features that needed to be developed, but again, as Elon said before, it saved them plenty of time buying Twitter because that is his plan, and for sure the next will be the payment systems that he highlights. Let's see if this app will be successful. Even the road ahead is still far, it still gets me feeling excited about this, but I don't keep my emotions high as we don't know if this will fail or just be hype. Let's see what happens along the way.

[Etranger]

Elon is smart and he always surprises everyone. But he is still a human being who definitely has many flaws. Even after he got hold of Twitter, as we can see, only a lot of negative news emerged criticizing the steps taken by Elon. Maybe Elon is not suitable for businesses in the field of social media platforms. He fits better in his current field of technology and artificial intelligence and such. And Elon has realized that he is not cut out to be CEO of Twitter. And Elon made the right move by appointing Linda Yaccarino who will replace him as the new CEO of Twitter.

Elon Musk does not have a goal of becoming a successful CEO of Twitter, he will always find someone to do this job for him. The reason why he has taken this case is precisely because he plans to get out of the technological field, with which everyone used to associate him, and declare his political ambitions. And for this, he needs a platform to promote his views and ideas, and to influence the audience, which will later become voters. He wants it to be his voters.

[kro55]

Elon is smart and he always surprises everyone. But he is still a human being who definitely has many flaws. Even after he got hold of Twitter, as we can see, only a lot of negative news emerged criticizing the steps taken by Elon. Maybe Elon is not suitable for businesses in the field of social media platforms. He fits better in his current field of technology and artificial intelligence and such. And Elon has realized that he is not cut out to be CEO of Twitter. And Elon made the right move by appointing Linda Yaccarino who will replace him as the new CEO of Twitter.

Elon Musk does not have a goal of becoming a successful CEO of Twitter, he will always find someone to do this job for him. The reason why he has taken this case is precisely because he plans to get out of the technological field, with which everyone used to associate him, and declare his political ambitions. And for this, he needs a platform to promote his views and ideas, and to influence the audience, which will later become voters. He wants it to be his voters.

I don't know if he will one day join the American political race. But the Twitter acquisition is more about politics than his business goals, so it's not entirely true that many people criticize him for killing the popular social network. But I don't agree with you in thinking that he wants to get out of the  technological field because most of the companies he owns are mostly tech companies, and his latest is tech companies too. In my opinion, his ambition is much bigger than what he is achieving, so it seems a bit absurd to say that he bought TW just because he wants to be a politician.

[Etranger]

Elon Musk does not have a goal of becoming a successful CEO of Twitter, he will always find someone to do this job for him. The reason why he has taken this case is precisely because he plans to get out of the technological field, with which everyone used to associate him, and declare his political ambitions. And for this, he needs a platform to promote his views and ideas, and to influence the audience, which will later become voters. He wants it to be his voters.

I don't know if he will one day join the American political race. But the Twitter acquisition is more about politics than his business goals, so it's not entirely true that many people criticize him for killing the popular social network. But I don't agree with you in thinking that he wants to get out of the  technological field because most of the companies he owns are mostly tech companies, and his latest is tech companies too. In my opinion, his ambition is much bigger than what he is achieving, so it seems a bit absurd to say that he bought TW just because he wants to be a politician.

What I meant when I said about him getting out the technological field is that he clearly doesn't want to be tightly assosiated only with it. He has to declare himself as someone more than just a developer, even such a successful one. He needs to create another image of himself and social media he owns will definitely help him to achieve that goal. I don't say he bought twitter only because of that reason, but it was one of the main of his goals, in my opinion.