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• #Twitter elon musk free

Instead, we just use that money to make the products great.” The main reason it might make sense for Tesla to advertise, he’s suggested, would be to buy good coverage, because the media doesn’t write bad things about big advertisers. In 2019, he tweeted, “Tesla does not advertise or pay for endorsements. In 2020, a large Tesla shareholder got a proposal for the company to begin advertising onto the proxy ballot but, taking their cue from Musk, a majority of shareholders easily voted the proposal down.įor Musk, brand advertising is inherently shallow and deceptive, and irrelevant to corporate success. But even as competition in the electric-vehicle market has increased, Musk has remained adamantly opposed to spending on ads. (In its annual reports, the company describes its marketing and advertising costs as “ immaterial.”) Initially, that may have been because Tesla didn’t need to run ads: It had a long waiting list for its cars, so spurring demand made little sense. Tesla, after all, spends no money on advertising. Helen Lewis: Elon Musk’s brutally honest management styleīeyond not understanding advertising, Musk actively disdains it-particularly the kind of brand advertising that corporations do on Twitter. The answer, I think, is simple: Musk doesn’t understand advertising, or advertisers’ concerns, and so doesn’t take them seriously. So why has he behaved in such a seemingly reckless manner? Advertising accounted for about 90 percent of Twitter’s revenue before he took it over, and although his plan is to eventually replace a lot of that with subscription revenue, in the short run he needs the ad dollars. Musk knows, obviously, that all this turmoil is bad for business. If you go on Twitter today, most of the ads are for gizmos and weird tchotchkes, such as “magical” ice scrapers or “dragons’ eggs.” If this was Musk’s idea of protecting brand safety, advertisers had to wonder, what would brand danger look like? By the end of last week, two of the world’s biggest ad agencies, IPG and Omnicom, had recommended that their clients pause ad spending on the site, something that big companies such as Audi, General Mills, and General Motors had already done. But this, on top of Musk’s own tweets, represented precisely the kind of turmoil and messiness that corporate brand managers hate. Many of these tweets, it has to be said, were clever bits of satire or agitprop-when Eli Lilly had to make clear that the insulin tweet was false, it effectively had to say that it was still charging for insulin.

#Twitter elon musk free

Bush account and joked about being nostalgic for killing Iraqis an account pretending to be the drugmaker Eli Lilly said insulin would be free and a fake Pepsi account said simply that Coke was better. This predictably led to free-form chaos on the site. The new system allowed anyone, including totally new accounts, to get a blue check by paying $8 a month and subscribing to what’s called Twitter Blue. Previously, a blue check meant that you were in some way a notable figure whose identity had been verified. While all that was happening, Musk also hurriedly rolled out his revision of Twitter’s blue-check system. And he complained that advertisers were boycotting the site because of activist groups’ agitation, and said that if they did not reverse course, he would subject them to a “thermonuclear name and shame.”ĭerek Thompson: Why everything in Tech seems to be collapsing at once He told independent voters they should vote Republican. Musk tweeted out a link to a right-wing conspiracy theory about Paul Pelosi, the husband of the House speaker, and posted a photograph of a Wehrmacht soldier with a joke about how messaging technology has improved. Then, over the next two weeks, he almost single-handedly made advertisers’ greatest worries come true. In his letter, Musk acknowledged those concerns, saying that he wanted Twitter to become “the most respected advertising platform in the world,” and that he understood that the site could not become “a free-for-all hellscape.” They saw this as a potential threat to what advertisers call “brand safety,” because it would make it more likely that their ads would end up next to deceptive or offensive content. Musk knew that big companies in particular were anxious about his plans to dramatically reduce the amount of content moderation on the site.

Hours before Elon Musk closed his deal to buy Twitter, he published an open letter to advertisers.