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Elon Musk’s swag is huge, previously bought shares of Twitter, now says edit button is required | After becoming twitter shareholder elon musk posts poll for edit button in tweet

Elon Musk, owner of Tesla and SpaceX, has bought a 9.2 percent passive stake in micro-blogging site Twitter.

Elon Musk

New Delhi: Tesla (TeslaAnd SpaceX owner Elon Musk on the micro-blogging site Twitter.Twitter(9.2 per cent passive participation)Passive Stake) Has been purchased. The information came from a regulatory filing on Monday. The news caused a big jump in Twitter shares. According to news agency Reuters, pre-market trading saw Twitter’s share trade rise by 16 per cent. Earlier in March, Elon Musk said he was considering a new social media platform. According to regulatory filings, Elon Musk took to Twitter on February 10, 2022. Tesla, meanwhile, released its first-quarter car sales figures on Saturday. Tesla has delivered record electric vehicles in the first quarter.

Elon Musk recently said that he is currently working on a social media app. Musk tweeted that he wanted to bring Twitter a better alternative, as he had failed to adhere to the principles of freedom of speech. “Twitter is a real public town square and has completely failed to adhere to the principles of freedom of speech,” Musk said, adding that Tesla and SpaceX had previously tweeted that democracy requires free speech.

Advised to buy Twitter on social media

After Musk expressed his intention, many said that Musk should not develop new social platforms. Instead, Musk should buy Twitter himself. One user said, “I wish Elon Musk had already bought Twitter.”

Impact on Tesla’s products

Tesla’s output is lower than in the previous quarter. Production has declined due to supply chain disruptions and disruptions in Chinese factories. CEO Elon Musk said: “This has been a difficult quarter due to China’s zero-covid policy and supply chain disruptions.” Tesla delivered 3,10,048 vehicles in the last quarter. This is slightly higher than the previous quarter and 68 per cent higher than a year ago.

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