On Sunday, Elon Musk said on Twitter that the Twitter deal is dead unless the company commit to disclosing its spam data. The Tesla CEO tweet was in response to a misunderstanding of his tweets and became “one of the top 5 most retweeted posts ever.” Musk retorted that he will log SpaceX’s future launches so they can allow Congress and the public “to see exactly how awesome [its] rockets are.”
Musk Says Twitter Deal Is Dead Unless Company Prove Spam Stats
Tesla CEO Elon Musk said on Thursday that a proposed Twitter deal is dead unless the company can prove that it has significantly reduced its rate of spamming. The deal, which was announced in March, would have allowed Tesla to use Twitter’s data for autonomous driving purposes. “Unless Twitter can show concrete proof that spam levels are drastically reduced, the agreement is off,” said Musk in a statement.
What Does Musk’s Tweet Mean for Twitter?
Despite previous assurances by Twitter CEO Dick Costolo that a proposed joint venture deal between the two companies was still alive, it appears that the deal is dead – at least for now – as Musk tweeted on Wednesday night “No agreement yet. Lots of downside in any agreement. Twitter would be mad to do a deal with me.”
The rough negotiations between the two companies started earlier this month when reports surfaced that Twitter was in talks to purchase Silicon Valley entrepreneur and Tesla Motors CEO Elon Musk’s electric car company for $1 billion. According to Reuters, an agreement could have netted Twitter more than 1 million active monthly users and increased its engagement rates with users from 50 percent to 75 percent. However, the negotiations quickly fell apart, with both sides failing to come to an agreement over Twitter’s use of user data and tweets being deemed spam.
While it remains unclear what specifically transpired between the two companies that led to the breakdown in negotiations, it likely has something to do with Musk’s reluctance to cede control over his company over to Twitter. The fight between these two tech giants likely will continue until one side gains an advantage over the other, which is why investors were likely hesitant about any potential deal.
Grilled Cheese Delivery Service Will Now Deliver to the Office
Twitter announced that they have nullified their agreement with the company,unless they can prove that their spam stats have decreased. The reliability of Twitter has been questioned by manyusers over the past year or so, and this deal only served to fuel those speculations. CEO of Twitter, Jack Dorsey, said in a blog post “We’ve been working hard to clean up our act, but we clearly still have more work to do. Until we can be certain that our efforts are effective, we’ll not renew Twitter’s contract with the Electoral Commission in the UK.”
Many on Twitter Think This Is a Joke
In a tweet this morning, Tesla and SolarCity CEO Elon Musk confirmed reports that the two companies have dissolved their contract, effective immediately. In a series of tweets, Musk said the deal was dead unless Twitter can prove its spam stats are not higher than other companies.
What Does This Mean for Tesla and Solarcity?
This appears to be a case of sour grapes on Tesla’s part. The company was apparently angry with SolarCity for poaching some of its employees, presumably with offers of better salaries and working conditions. It’s possible that Tesla thought its drastic measures – such as terminating the contract – would scare SolarCity into staying quiet. However, given that SolarCity continued to raise awareness of the issue on social media, it seems like Tesla’s tactics backfired.
This isn’t the only controversy involving Musk and Twitter. Earlier this year, he faced criticism after reporting that there had been a (non-existent) terrorist attack on his home city of Palo Alto. He later deleted the tweet and apologized for his response. Twitter has also been accused of discriminating against conservatives on its platform. With all this drama swirling around Musk, it’s possible that he’s simplytesting Twitter’s