Founder and CEO of Twitter, Parag Agrawal, responded with a jab at Elon Musk, who had put out another Twitter-related poll last week, warning that the results would have significant ramifications.
Tesla Boss Elon Musk and Twitter Chief Executive Officer Parag Agrawal.
Elon Musk, the CEO of Tesla, has launched a Twitter poll in which he asks people whether they want an edit button on the microblogging platform.
Twitter CEO Parag Agrawal responded to the survey with the following statement: “The results of this poll will have significant ramifications. Please use caution when casting your vote.”
Interestingly, Agrawal's reaction was intended to be a jab at another Twitter-related poll that Elon Musk had put out earlier in the week. He had questioned people whether they considered Twitter adhered to the idea of free expression in a strict manner.
He had asked for opinions the day before on whether Twitter's algorithm should be made available to the public.
Tesla and SpaceX creator Elon Musk has a 9.2 percent passive ownership in Twitter, according to the company. Passive shareholders are those who do not participate in the day-to-day operations of their companies.
The implementation of an edit button on Twitter has sparked a heated debate among users. While some believe it is beneficial, others believe that raw, unedited tweets are essential to the experience of using Twitter.
Users are being asked whether they want an edit button on the microblogging platform by Tesla CEO Elon Musk, who has established a Twitter poll to find out their thoughts.
Twitter CEO Parag Agrawal responded to the survey with the following statement: “The results of this poll will have significant ramifications. Please use caution when casting your vote.”
Daily Crunch: Twitter's Stock Price Skyrockets After Elon Musk Purchases a 9.2 Percent Stake.
We didn't notice you when we were there, so hey. It's the beginning of another week, which means it's time for another artisanal, small-batch, limited-edition Daily Crunch for Monday, April 4, 2022!
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Today, we're particularly excited about Kirsten's transportation email, in which she discusses Tesla's electric vehicle delivery records, among other things. As part of our TC City Spotlight: Austin on Wednesday, we'll be tuning in to the city of Austin, Texas. So, uh, maybe go ahead and register now while it's still possible.
Following the announcement, Twitter's stock rose 28.49 percent to $50.51 in pre-market trade, according to FactSet. According to the closing price of the stock market on Friday, the stake is worth around $2.89 billion.
According to a statement filed with the United States Securities and Exchange Commission, the world's richest man purchased almost 73.5 million shares.
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Musk, who is a frequent user of Twitter himself, has recently expressed his dissatisfaction with the social media platform and its restrictions. He claims that the firm is damaging democracy by failing to adhere to the values of free expression and expression.
Tesla CEO and SpaceX founder Elon Musk said earlier this week that he has purchased a 9.2 percent share in Twitter for $3 billion, bringing his total investment in the company to $3 billion. As a result, he becomes the company's largest stakeholder and its only shareholder with an international presence.
To gauge public opinion, the billionaire investor launched a poll on Twitter on Tuesday, asking, “Do you want an edit button?” He also included two options on his Twitter poll – ‘use' and ‘on,' both of which were artfully mistyped – as well as a question.
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