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What Elon Musk JUST DID With General Motors SHOCKED The Entire Car Industry!
What Elon Musk JUST DID With General Motors SHOCKED The Entire Car Industry!
Elon Musk decided to demonstrate his financial prowess in a rather unconventional manner: by acquiring Twitter and ingeniously rebranding it as X. This daring move managed to upset many people! Surprisingly, one of the companies that took a major hit from this unexpected move was none other than General Motors! How in the world could the acquisition of a social media platform like Twitter possibly impact a renowned automotive giant like GM? Watch the video till the very end to witness elon musk's smart move that has shocked the EV industry!
General Motors, the automotive powerhouse from Detroit, has decided to halt its advertising on Twitter in response to Elon Musk's acquisition of the social media platform. This move comes as the company assesses the new direction that Twitter will take under Musk's ownership. GM is one of the top rivals of Tesla in the EV industry which makes their decision understandable.
While GM will still utilize the platform for customer interactions, they will no longer pay for advertising on it. GM stated that they are engaging with Twitter to gain a better understanding of its future under new ownership. As is customary when a significant change occurs in a media platform, GM has temporarily paused its paid advertising. However, their customer care interactions on Twitter will continue as usual.
Ford Motor, another competitor of Tesla, confirmed that they are not currently advertising on Twitter and will evaluate the platform's direction under its new ownership. Looks like nobody wants to associate themselves with X now that Elon Musk owns it!
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