The December 20 Muskery: Musk and the Twitter Polls

24 MUSCLES WAITING FOR SANTA CLAUS. Whether it’s the Twitter saga, his comments about the invasion of Ukraine or the US Federal Reserve’s monetary policy, Elon Musk has colored the news in 2022 and more than once made people tremble in the financial markets.

We invite you to dive back into the year through a collection of quotes or facts from the businessman behind Tesla and SpaceX, who never ceases to fascinate or deter (it depends).

With the advent calendar 24 Musketeers are waiting for Santa ClausLes Affaires offers you a muskie per day until December 24th.

December 20

From the sale of Tesla shares to his departure from the management of Twitter through the reinstatement of Donald Trump’s account, Elon Musk has a habit of sending major decisions to a vote among users of the social network on the blue bird.

The head of Tesla and SpaceX, who has used these polls since at least 2018, has increasingly sought the opinion of his followers since his acquisition of Twitter in late October for $44 billion.

He usually promises to respect the results and often accompanies his messages with the phrase “Vox populi, Vox dei” (“The voice of the people is the voice of God”.)

Back to some of the most important polls launched by Elon Musk on Twitter.

Attack on the media

In May 2018, in one of his very first Twitter polls, Mr. Musk to create a “media credibility site.”

“I’m thinking of calling it Pravda,” he added wryly.

88.1% of the 681,000 voters had supported his idea, which, however, never saw the light of day.

“Stop, please,” implored journalist Shannon Stirone in the commentary.

“Do you really want to spread the same distrust of the media that the Trump administration is cultivating?” she asked.

Dogecoin

In May 2021, Mr. Musk asked if Tesla should accept Dogecoin as a means of payment, a cryptocurrency that was originally a parody that the multibillionaire championed and which helped raise its price for a time.

More than 78% of the approximately 4 million participants had then said yes.

A few months later, Mr. Musk tweeted that the electric car maker would accept payments for certain Tesla-branded products with dog cryptocurrency.

Sale of Tesla shares

The tempestuous leader offered to sell 10% of his Tesla shares in early November 2021, saying he wanted to respond to allegations that “unrealized gains are a form of tax evasion”.

About 58% of the 3.5 million voters responded positively to this proposal.

According to The Wall Street JournalThe SEC has opened an investigation to determine whether the boss and his brother Kimbal engaged in insider trading surrounding the stock sale.

Recovering Trump’s account

Last month, Mr Musk asked Twitter users whether or not they should restore Donald Trump’s account.

The former US president had been suspended for inciting his supporters to violence during the storming of the Capitol on January 6, 2021.

51.8% of the more than 15.8 million voters voted in favor, and Mr. Trump’s account was reactivated in the process.

The Republican mogul was pleased with the result, but said he doesn’t plan to tweet again, preferring to focus on his own platform, Truth Social.

Departure from the direction of Twitter

“Should I leave the leadership of Twitter?” Asked Mr Musk on his social network overnight from Sunday to Monday.

The verdict came down a few hours later, with 57.5% of the more than 17 million voters saying they favored the departure of the entrepreneur, who has yet to confirm whether he would relinquish the reins of the company.

In an exchange with one of his subscribers, Mr. Musk assured that he had no designated successor. He indicated in another message that the platform was headed for bankruptcy at high speed.

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