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Repeats: Musk announces his willingness to acquire Twitter in first meeting with his employees Israel today

2022-06-16T08:45:34.621Z


After feeling cheated around the real number of users on the social network, the owner of Tesla is expected to buy the company anyway • According to reports, Musk will clarify to the company council his statements that have caused controversy in recent weeks


Tycoon Elon Musk is expected to reiterate his intention to acquire Twitter during a "remote" meeting with company employees, where he will set a series of targets for the social network and provide clarification on controversial statements from him in recent weeks, the event source confirmed in details to the Wall Street Journal. .

The meeting is expected to take place this morning (Thursday, West Coast time) at a virtual general meeting whose very existence was approved by the company's CEO, Prague Agarwal, and caused the company's shares to jump five percent with the closing of trading (Wednesday).

One of the main issues that is expected to be the focus of the conversation is a change in the revenue strategy, after Musk believes that Twitter relies too much on paid advertisements and that the company needs to find additional sources of funding.

Earlier this month, the owner of car giant Tesla and space company SpaceX stated that electric car maker workers should be present at least 40 hours a week.

"Anyone who wants to work remotely must be in the office for at least (and I mean a minimum) of 40 hours a week or leave Tesla. That's less than what we ask factory workers," Musk stressed in an email distributed to workers.

"Tesla has, and will actually produce, the most exciting and significant products of any company on earth," he wrote.

"It will not happen by phone calls," he added.

Last April, Musk submitted a bid to buy Twitter in a deal valued at around $ 44 billion and which has undergone a number of upheavals in the past two months, including alleged regrets on the part of the developer mainly in light of the company's council deceiving him around the social network The "bots" (fake users) is much higher than initially estimated.

As of the first quarter of this year, Twitter has 229 million active users.

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Source: israelhayom

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