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-- 47.910 Vote Now | Tesla Stock Plunges to New 52-Week Low. Would You Blame Twitter For That?
Growth of daily active users on $Twitter (Delisted) (TWTR.US)$ hit "all-time highs" and crossed 250 million during the first full week of Elon Musk owning the platform, according to an internal document obtained by The Verge.
Twitter's monetizable daily user (mDAU) growth has accelerated to more than 20 percent, while "Twitter's largest market, the US, is growing even more quickly," The Verge reports, citing the internal document that was distributed to the sales team for conversations with advertisers who are wary about their presence on the platform.
Twitter's monetizable daily user (mDAU) growth has accelerated to more than 20 percent, while "Twitter's largest market, the US, is growing even more quickly," The Verge reports, citing the internal document that was distributed to the sales team for conversations with advertisers who are wary about their presence on the platform.
The metric may dispel concerns of a mass exodus from the platform. According to the last earnings report before Musk's takeover, Twitter had 237.8 million mDAUs at the end of the second quarter.
While Elon Musk focuses on Twitter, Tesla's shares have tumbled to their lowest level in 17 months.
$Tesla (TSLA.US)$ stock skidded 5% Monday, hitting a new 52-week low and reaching its lowest level since June 2021.
$Tesla (TSLA.US)$ stock skidded 5% Monday, hitting a new 52-week low and reaching its lowest level since June 2021.
It erased all of its gains from the past 17 months as investors continue to sell off the stock in the wake of CEO Elon Musk's purchase of Twitter.
Ever since Musk stated his intention to buy the social media platform, Tesla investors have worried about the billionaire spreading himself too thin among several high-profile ventures.
Mooers, are you worried about Musk's ability to oversee the rest of his empire? Do you want him to focus on Tesla? Would you blame Twitter for Tesla stock's decline?
Mooers, are you worried about Musk's ability to oversee the rest of his empire? Do you want him to focus on Tesla? Would you blame Twitter for Tesla stock's decline?
Source: Twitter, The Verge
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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sincere Hamster_2458 : Of course, Tesla, Twitter are down the market. All the shareholders of Tesla will vote.
Venture118 : Is a good opportunity to accumulate TESLA
星空探索 : Mainly the problem with the Chinese market!
101833933 : Musk is more than capable of looking after his all companies
yckit2000 : Twitter is a distraction for now. However, it may prove to be useful in the future as a marketing tool for Tesla if it going to be utilised in that direction
Spi11 The Tea OP yckit2000 : Wow That's A Good Point
versatile Kiwi_0963 : Tesla, Inc. certainly didn't fall because of Twitter. The current situation is not suitable for pushing up the stock price.
搞经济 抄底 加仓 : When you lost focus on what you're capable of.
Dream Weaver : There are parties (retail, institutional, fund investors, rivals) who do not like him, and simply want to sell down TSLA to teach him a lesson. Just my wild conspiracy theory guess
azotest : K
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