The active decline in Tesla stock price prices last year was partly due to concerns expressed by investors about Elon Musk’s passion for managing Twitter, which he purchased at the beginning of October. He stated that Twitter was the future of auto manufacturing. “in fact, is an incredibly powerful tool for stimulating demand for Tesla».
The CEO of each company began his commentary on the situation surrounding the acquisition of Twitter with these words: “I have 127 million followers and their number continues to skyrocket. It’s clear that I’m very popular. My social media account is one of the most active in the world. Twitter was used to make the purchase..
Musk stated that he encourages non-automotive and automotive companies to be more active on Twitter. They should find interesting, entertaining and informative ways to use Twitter to increase their sales, just like Tesla does. After lowering the prices of its electric cars, Musk said that January saw a twofold increase in orders than the company’s production capacity. Elon Musk promised that there has never been a greater demand for electric vehicles in Tesla’s history. Musk is confident that even if Tesla produces 2 million electric cars by the end the current year, all of them will find buyers.