Elon Musk finally bought Twitter after the painful process. General Motors announced that it is suspending its Twitter ad deal. Announcing that they will not advertise on Twitter for a while, the company underlined that they will examine the behavior of the new management.
General Motors: “We have suspended Twitter ads.”
After buying Twitter, Musk, who parted ways with some employees, caused companies to take a distant approach to cooperation. Detroit-based automaker General Motors announced that it wants to get an idea about the direction of Twitter.
General Motors officials made a statement on the subject, “We are interacting with Twitter to understand the direction of the platform under its new ownership. As with the normal workflow with a significant change to a media platform, we have temporarily stopped our paid ads.” made statements.
In an interview with CNBC, it was stated that they will continue their customer service interactions on Twitter. Another interesting development in the automobile world came from Citroen.
Citroen, “Hello to the social media platform owned by one of our competitors.” He made a reference to Elon Musk on Twitter. Henrik Fisker, CEO of electric vehicle startup Fisker, deleted his account because Musk bought Twitter.
According to another report in the Wall Street Journal, about a dozen brands have requested that their ads on Twitter be stopped. Elon Musk released a statement to advertisers on his Twitter account.
It is not yet known whether other automakers will join General Motors’ move. Analysts predict that Twitter shares will fall seriously.
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