Elon Musk Calls Antisemitic Post on X the ‘Actual Truth’

Elon Musk may be close to winning a long-running battle of wills with the Indian government led by PM Narendra Modi. Policy makers in New Delhi have been hoping to entice Tesla Inc. to produce electric vehicles in India. Musk, meanwhile, wants to sell his cars here without paying the exorbitant import tariffs that India charges.

Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network further, with the tycoon warning of the platform's demise, just one year after taking control.

Walmart Inc. has stopped advertising on the social media platform X, the latest major company to do so. 

Elon Musk, speaking at the New York Times' DealBook Summit, gave a shocking declaration to advertisers that have stopped showing ads on X (formerly Twitter) and are leaving the platform, telling them to stop advertising and that they were blackmailing the X owner “with their money”. Musk's defiance also came without any restraints as he used expletives multiple times in the conversation telling brands responsible for boycotting the platform such as IBM, Disney, Comcast, and others to go away and that people will be the judge if X shuts down due to advertisers' money.

The exodus of major advertisers from X (formerly Twitter), after it was revealed that ads were shown alongside antisemitic posts and other problematic content, resulted in a number of critics claiming that the platform may actually succumb due to a revenue crunch. Despite multiple posts suggesting otherwise by the owner and chief technical officer (CTO) Elon Musk, many have continued to make similar assertions even claiming that the continued political polarization may lead to users leaving in large numbers. Recently, a user posted a screenshot of data that highlighted that X gets more organic traffic through Google than competitors Instagram and Facebook which led to Musk reacting in a hilarious manner.

Tesla Inc.'s next vehicle, the all-electric Cybertruck, was on display in several US showrooms during the retail event known as Black Friday, drawing throngs of shoppers eager to see the stainless steel-clad truck up close.

The advertising woes for X (formerly Twitter) are growing by the day. Recently, the platform witnessed major companies pulling out of showing ads including Apple, IBM, and Comcast. Now, a new report claims that the Elon Musk-owned social media platform can lose as much as 75 million dollars by the end of 2023 due to the exodus of companies. 

India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, according to people familiar with the Indian government's thinking.

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

Billionaire and omnipresent main character Elon Musk has declared he was once one of the best Quake players in the world, to the tune of winning money for his skills. This obviously sounds like the kind of thing your mate would say after their third pint, but the revelation came during an interview with podcaster Lex Fridman during which Musk was expansive on his wider gaming habits, and particularly his Diablo 4 druid's inability to beat Lilith.

During a 1990 Senate race in his home state of North Carolina, Michael Jordan was asked why he didn't endorse the African-American Democratic candidate. He was still explaining his response — “Republicans buy sneakers too” — to reporters 30 years later, saying he wasn't an activist in the mold of Muhammad Ali: “I thought of myself as a basketball player.”

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