When buying Twitter, Musk announced that you can now have fun on the social media platform again – just not at his or Tesla’s expense it looks like.Whether Twitter bots are being deliberately programmed to manipulate stock trading is among the questions that Kirsch and his research assistant, Moshen Chowdhury, are trying to answer. It doesn’t seem fair to ban them unless they try to scam people with the account, like selling fake Tesla merchandise. While I obviously disagree with a lot of what the fake Tesla account was saying, it looks like they were following the rules until Musk changed them. Right now, some of the most-liked tweets on Twitter are just thousands and thousands of replies to Musk’s followers laughing at them for paying $8 to get the checkmark: Though over time, the impact should be less as the verified tag loses value since anyone can buy it. Either by the absurd things he blurts out on Twitter, or by the fact that he got forced to sell a boat load of shares to fund the purchase of Twitter which is hurting the stock price of Tesla and thus it's ability to raise capital. More and more his antics are hampering Tesla's stated mission 'to accelerate the worlds transition to sustainable energy'. Some tweets were more obviously not coming from Tesla than others, but the verified checkmark likely confused some people, and the account quickly gained thousands of followers.Īs the account was gaining traction, Musk quickly announced a policy change to force parody accounts to include the fact that it’s a parody directly in their name and not just their bio: It started tweeting some wild things that made Tesla look bad, and some of the tweets were seen by tens of thousands of people: It forced Musk to institute a new rule that if you make your account look like someone else’s, you have to put in your profile’s bio that it is a “parody” account.įollowing this new rule, a Tesla critic created a verified account that looked like Tesla’s official account, but it had a mention that it was a parody in its bio. People illustrated that to Musk last week by changing their accounts to make it look like Musk’s and tweeting things that he wouldn’t.
The move created a new problem though where scammers willing to pay the $8 per month would actually get a verified account, boosting their credibility and helping in whatever goal they had.
#Tesla twitter driver#
Musk’s stated goal with the change was to curb bot accounts trying to scam people since they would have to pay $8 per month to look official – though the new revenue stream from something that was free before was likely also a significant driver of the change. What that change did was give everyone who has $8 the ability to get the verified checkmark and make their account look more official. One of the first changes that Musk implemented after acquiring Twitter is rolling out the “verified” feature, which was originally intended to confirm that the person behind a specific account was the real person, into a Twitter subscription service – and then increase the price of that subscription service to $8 per month.
Tesla critics are testing Elon Musk’s new Twitter policy about parody accounts, and they even forced the CEO to change it and ban them.
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