In this 48-minute meeting with the employees, Musk emphasized on reducing expenses and he has also indicated layoffs. If the Twitter deal is finalized, the company may see layoffs. For the time being, Allen has put this deal on hold. He also talked about taking Twitter to reach the milestone of one billion users. Elon Musk said that Twitter will have to be a lot like Tiktok and WeChat. Only then will they be able to reach one billion users.
Aimed at 1 billion users
Currently, Twitter has a total of 330 million users and has been stable for many years. While social apps like Twitter’s rivals Facebook, Instagram and WhatsApp have crossed the one billion user mark, Twitter is still going through user growth. How Twitter will reach this magic number is not clear. Simultaneously, Musk has made it publicly clear that he doubts the number of actual users of Twitter.
Elon Musk said that Twitter needs to make it more fun to increase its users. He said that you must have used WeChat in China and if we can do something like this with Twitter, then it will be a big success. Musk told employees that if we can make Twitter better by changing it a little, then we can achieve a big success.
Appreciation of Tiktok’s Algorithm
Along with this, Musk also praised the algorithm of Tiktok. Musk said that Tiktok is a superhit in America. Its algorithm is awesome. It consistently showcases content that isn’t boring at all. Because of this people stay connected on Tiktok for a long time. Elon Musk praised other social apps during this meeting and made it clear that Twitter is not as entertaining as his.
Musk is not a fan of WFH
Simultaneously, when Musk was asked about the compulsion to come and work like Tesla, he replied, “Tesla, Twitter is not there. We can’t build cars from home. It’s impossible. So I spent weeks at Tesla.” I have been ordered to spend at least 40 hours.” He said that Twitter is a different thing. Along with this, he said that people who are exceptional in their work can work from home. However, he clarified that he is not a fan of it.