Tesla CEO Elon Musk said that when it comes to President Biden, “the real president is the teleprompter.” He made the comments on a video episode of The All-In Podcast.
Elon Musk suggested on Saturday that his agreement to buy Twitter for $44 billion and take it private should be cut in proportion to the number of bots on the platform.
Musk tweeted “Absolutely” in response to Ian Miles Cheong, who tweeted, “If 25% of users are bots, the Twitter acquisition deal should cost 25% less.”
The Tesla CEO also expressed skepticism about Twitter’s willingness to address the presence of bots on their platform, tweeting, “I am concerned that Twitter has a disincentive to reduce spam as it reduces perceived daily users.” “
“They still refuse to explain how they calculate that 5% of daily users are fake/spam! Very suspicious,” he added in a separate tweet.
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Last week, Musk made transparency about the number of fake or spam accounts a key condition of his upcoming $44 billion purchase of Twitter.
Musk tweeted, “20% fake/spam accounts, while 4x what Twitter claims could be *much* higher. My offer was based on Twitter’s SEC filings being accurate.”
Elon Musk’s tweet is displayed on a screen and the Twitter logo. The Tesla CEO has criticized Twitter and is trying to increase his influence on the social media platform. (Jakub Porzycki/NurPhoto via Getty Images/Getty Images)
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Musk said Twitter CEO Parag Agrawal has publicly refused to provide evidence that less than five percent of users are bots, leading Musk to state that the deal “can’t move forward until he does.”
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If Musk pulls out of the deal, he’ll have to pay Twitter a $1 billion termination fee and could face further litigation, according to Teslarati.
In this December 1, 2020 file photo, SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Media Prize in Berlin, Germany. (Hannibal Hanschke/Pool Photo via AP, File) (AP Newsroom)
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In the first quarter of 2022, Twitter’s monetizable daily active user base grew 15.9% year over year to 229 million, including 39.6 million US daily active users and 189.4 million international daily active users.
Fox News’ Timothy Nerozzi contributed to this report.