After a Twitter campaign, General Motors temporarily stopped paying advertising on Twitter. Elon Musk has closed the $44 Billion dealTo take over the website according to the CNBC. As you all know, Musk is also the chief executive of Tesla. GM was completely overthrownIts competitors and to be the most valuable carmakerIt was established in the US several years ago. According to the company, it is now engaging with Twitter in order to better understand its direction under its new owner. It also stated that paid advertising can be paused when there is a significant change on a media platform.
GM stated this in its emailed message:
“We are interacting with Twitter to understand how the platform will be managed under their new ownership. As it is the normal way of doing business when there are significant changes in a platform’s ownership, we temporarily halted paid advertising. “Our customer care interactions via Twitter will continue.”
The company has increased its commitment to offering consumers more EV options over the years to be more competitive with Tesla. The automaker Announcement of an investment35 billion dollars for the combined efforts of its EV- and self-driving vehicle development efforts in 2021. In a statement earlier this year, the company said that it had raised $35 billion to fund its self-driving and electric vehicle development efforts in 2021. Construction of a third Ultium plantThe US will manufacture batteries for electric cars.
Musk sent an advertisement to advertisers shortly after he took control of Twitter. There has been much speculation as to why I bought Twitter, and what my views are about advertising. He wrote that most of the speculation has been incorrect. He also stated that advertising, “when done well, can delight and entertain you …”. To make that true, it is important to show Twitter users advertising that is as relevant to their needs as possible.”
Here’s Musk’s entire statement
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