#twitter

Elon Musk’s Twitter – umm, X – finger has led him into quite a bit of controversy over the years, including some that ended in the courtroom. Earlier this year, Musk echoed claims that a California college student was involved in a public confrontation between two neo-Nazi groups in Oregon. That turned out not to be true, but the Tesla CEO tweeted about it anyway, and the victim at the center of the hoax is now suing.

Tesla has long avoided advertising, opting instead to use the money to improve its products, or at least that’s what CEO Elon Musk initially said. That said, he’s changed his tune, and purchasing an ad-funded social media likely played a role. Musk recently told shareholders that Tesla would “try out a little advertising and see how it goes.”

Ever since Tesla boss Elon Musk took over Twitter, he's found himself mired in controversy, often of his own making.

Tesla boss Elon Musk has sold 19.5 million Tesla shares worth almost $4 billion since he took over Twitter, according to regulatory filings.

Stellantis is now among the ranks of large companies that have paused or pulled advertising on Twitter.

Earlier this week, General Motors pulled its Twitter advertising. Now Volkswagen Auto Group is following suit. The company is recommending that its brands pause advertising on Twitter for the time being.

When I posted Friday's QOTD, I was wondering if perhaps I was overthinking things. I wondered how Tesla boss Elon Musk owning Twitter -- a social-media platform used by Tesla's competitors -- would affect the automotive industry and the automotive press.

Apparently, I am not the only one with concerns.

It's official. Tesla boss Elon Musk now owns Twitter, one of the most influential social media platforms.

Elon Musk has sold an estimated $4 billion worth of Tesla stock days this week after reaching a $44 billion deal to purchase Twitter. Regulatory filing show the CEO offloading nearly 4.5 million shares of the automaker between April 26th and the 27th.

The timing of the transaction makes the why of the situation fairly obvious. Despite the resulting political hubbub, Musk reached an agreement on April 25th to acquire Twitter. The deal was tied up with tens of billions of dollars worth of his Tesla shares to support margin loans after the executive said he could come up with $21 billion in equity. While some questioned where the funding would come from, others claimed it was obvious.

By now, save for only the least informed gearheads, almost everyone has heard Elon Musk has been successful, at least to this point, in his quest to buy Twitter. This development has caused no shortage of natterings in all corners of the internet, with tech blogs suddenly discovering the unpredictable and sometime unfathomable morass that is Musk’s social media presence. Auto journalists have been dealing with such issues for years.

One surprising result of the Twitter buyout? Henrik Fisker, boss of an EV company which ostensibly competes with Tesla, has packed up camp and disappeared.

When Tesla boss Elon Musk expressed a desire to buy Twitter last week, citing an absolutist vision of free speech as at least one reason behind his motivations, one had to wonder if his running afoul of the Securities and Exchange Commission over one of his tweets played a part.

To be sure, even if Twitter had no regulations moderating speech on the platform, Musk (or anyone in a similar position) could violate SEC regulations via tweet — a platform’s rules don’t protect someone from the Feds’ regs.

I am an optimist by nature. One must be, in order to be a lifelong Chicago sports fan — otherwise, the crushing realization that decades of failure are likely to be followed by a future that consists of more of the same might cause a person to take a one-way stroll into Lake Michigan.

I am trying to retain that optimism even as more and more evidence, both empirical and anecdotal, emerges that social media has warped humanity’s brains beyond recognition. I try to see some value in it — surely your second cousin twice removed would be unaware of your recent Jamaican vacation and how much fun you had YOLO’ing if you didn’t have a Facebook account, right?

Surely your 10 Twitter followers must know your thoughts on how to solve the morass in Ukraine, because you have figured out something that world leaders haven’t, and the world just has to know.

Electric vehicles have once again become a political football.

As someone who lived through the Chevrolet Volt discourse all those years ago, I’m getting a sense of déjà vu.

In addition to Elon Musk’s title as CEO — sorry, Technoking — of Tesla, along with his role as boss of SpaceX, we need to add professional troll to his resume.

How else to explain his latest Twitter spat?

I sparked a minor Twitter argument this week after offering up an image of a brand new car that’s available in a truly horrible exterior color. Public Car Twitter opinion mobilized quickly and angrily against my take, and only a couple others were brave enough to take my side against such a visual crime.

Today we talk paint.