Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought the company formerly known as Twitter in October 2022, according to third-party data provided to Reuters.

US ad revenue at Musk’s X declined each month since takeover -data::Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought the company formerly known as Twitter in October 2022, according to third-party data provided to Reuters.

  • Viper_NZ@lemmy.nzEnglish
    62·
    1 year ago

    Similarly I really want to see Tesla succeed as it’s really been the driving force behind the industry electrifying.

    But Musk is an awful human being, and awful to his workers.

    It’s awfully conflicting. Maybe we’ll get lucky and he’ll sell a controlling stake in one or both companies?

    • timicin@lemmygrad.mlEnglish
      2·
      1 year ago

      Tesla is a driving force for both the automotive industry electrifying and worsening worker rights, safety, pay, and labor practices.

      Only the bougie and the rich focus on the first part even though the second part has much bigger consequences for humanity.