Tesla Inc. TSLA When twitter CEO Elon Musk When asked during Tesla’s earnings call, he boasted about how popular he is online.
What happened: On Thursday’s Tesla quarterly earnings call, Musk was asked how he plans to address the damage to the Tesla brand caused by his political comments on Twitter.
what’s his reaction? Musk boasted of his immense popularity on the microblogging platform, citing his 127 million followers as proof, a number that was growing rapidly.
“I have the most social media accounts I interact with, probably the most in the world, probably Twitter,” Musk said.
The billionaire only followed the ex-president barack obama — 133.5 million — most followers on Twitter.
Despite polls showing Tesla’s approval among Democrats is slipping, Musk dismissed his concerns and praised the potential of Twitter to drive sales instead. .
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“I think Twitter is actually a very powerful tool for driving demand for Tesla,” Musk said.
Important reasons: His controversial tweets and memes turned some Tesla supporters away from the brand. Still, Musk encouraged other companies to get more out of Twitter and use their accounts in ways that are “interesting, informative, and entertaining.”
Financially, Tesla reported revenue of $24.32 billion in the fourth quarter of 2022, beating Street’s expectations.
TSLA Price Action: Tesla shares traded 9.37% higher at $157.96 on Thursday, according to Benzinga Pro data.
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