Elon Musk’s comments were seen as either a tactic to drive down the price of the acquisition or a pretext for eventually backing out altogether.
New York Times
Musk, the CEO of Tesla, has said that ridding the platform of fake accounts, bots and spam would be one of his top priorities after taking over. In his tweet, Musk made reference to a May 2 regulatory filing by Twitter that included an estimate that fewer than 5% of Twitter’s users were spam and fake accounts.
Twitter has few restrictions on signing up for an account, and the company has long struggled with spam and bots. But it has been difficult to put an exact figure on the scale of the problem. In a May 2 regulatory filing, Twitter said that it had estimated that less than 5% of its users were fake or spam, a figure it had disclosed previously.
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