- Tesla competitor General Motors CNBCIt is putting an ad pause on the platform while it evaluates Twitter under Musk.
- Musk took Twitter over on Thursday. Some companies who advertise on the platform are apparently wary.
- GM, a major competitor to Tesla in electric cars, plans to discontinue selling gas-powered vehicles by 2025.
Elon Musk’s Friday takeover of Twitter saw at least one company pull its ads from Twitter.
Tesla competitor General Motors CNBCIt is halting advertising on the platform while it evaluates Twitter under Musk’s leadership.
“We are working with Twitter to learn more about the future direction of the platform, which is under new ownership. We have temporarily stopped paying advertising as it is a normal business procedure when there is a major change on a media platform. CNBC was informed by the company that it will continue to support customers via Twitter.
Insider was unable to reach GM immediately for comment.
Musk, also the CEO of Tesla was handed the keys to Twitter on Thursday, after months of legal battles.
He has vowed to curb the censorship he alleges occurs on Twitter’s platform, but some companies that advertise on the platform are reportedly wary.
Wall Street Journal interviewed an executive of GroupM, the global ad agency. pause spendingOn Twitter, you can find out if Donald Trump’s former president is allowed to return.
Musk TweetOn Thursday, Twitter sent an email to advertisers informing them that Twitter is not a “free-for-all hellscape” where anyone can say anything without consequences.
GM is the first company to publicly state that it has halted its advertisements on Twitter.
The automaker competes with Tesla in the electric car space, and plans to completely replace it. Eliminate pas-powered carsBy 2035
