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CEO of Tesla Elon Musk reveals his plans to improve Twitter if his bid succeeds

The CEO of Tesla Elon Musk has revealed how he aims to enhance Twitter if his attempt to acquire the social media company succeeds. A tweet from Elon Musk on Friday said he would concentrate on fixing “serious issues,”. For example, making Twitter’s algorithm open source, getting rid of the spambots, having free speech, and making the account verification procedure easier. These are all mentioned in the tweet.

Each of these enhancements has already been discussed in further detail by Tesla’s CEO. Spambots are a serious issue on Twitter. It was recently said that in his perspective, crypto spambots on Twitter are the “single most irritating thing.” If our Twitter bid is successful, we will fight the spambots or die trying,” Musk said in a post on Thursday. Additionally, “all actual persons” will be authenticated by him, he said.

Edit Functionality, Dogecoin Payment, Free Speech

It was also addressed in depth last month, as well as conducted a poll asking his Twitter followers whether they would want to see an edit button in their tweets. After the ballots of more than 4.4 million people were tallied, 73.6% of them said that they had voted. Another one of Musk’s primary concerns is the right to free expression. As early as March, he started receiving questions from his Twitter followers on the need of having a social media platform that allows for free speech.

Failure to adhere to free speech norms severely harms democracy at a time when Twitter serves as the de facto public town square. Is there anything I can do?” At the moment, he inquired about Musk.

For Twitter’s blue service, he proposed making dogecoin (DOGE) a possible method of payment. A proponent of the meme money, he has a long track record of support. In his opinion, dogecoin is the greatest cryptocurrency for everyday transactions. Many items in Tesla’s online store are presently available for purchase with Dogecoin (DOGE).

Earlier this month, Elon Musk, Tesla’s CEO, bought a 9.2 percent stake in Twitter Inc. He had planned to join Twitter’s board of directors, promising to bring “major changes” to the social media platform, but he eventually decided against it.

According to Musk’s SEC filing, he made an offer to purchase Twitter for $54.20 per share in cash, or 100 percent of the company (SEC). As a result, Twitter retaliated by implementing a “poison pill” shareholder rights plan. Musk said this week that he has secured $46.5 billion in funding to support his acquisition bid for Twitter and subsequent privatization.

Source: Blockchaintimes

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Written by Alex Bruno

Freelance space writer Alex Bruno specializes in covering China's quickly expanding space industry. In 2021, he started writing for SpaceXMania. He also contributes to publications including SpaceNews, IEEE Spectrum, National Geographic, Sky & Telescope, and New Scientist. When Alex was a small child, he first experienced the space bug after seeing Voyager photographs of alien planets in our solar system. When not in space, Alex likes to go trail jogging in the Finnish countryside.

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