Elon Musk claimed on Tuesday that a new Twitter CEO would allow him to spend more time working on Tesla but that he will keep tweeting his uncensored opinions even if it harms his enterprises.
The billionaire responded, "I don't care," when asked about the possibility that his controversial tweets could harm Tesla shares or make it more challenging to sell advertisements on Twitter during CNBC interview.
I will speak what I want to say, and if that costs me money, so be it.
Linda Yaccarino, a recognized media and advertising executive regarded as a visionary by some, has been named Musk's replacement as Twitter CEO.
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Linda is clearly fantastic at that, and she's simply a brilliant executive in general; Twitter is very much an advertising business," Musk remarked.
"I'll make products, Linda will run a business,"
Musk has regularly courted controversy since he took control of Twitter in late October, firing most of its employees, re-allowing banned accounts to use the service, suspending journalists, and charging for formerly free services.
These actions have alarmed advertisers, many of whom have abandoned the platform because they are worried that their goods would be linked to disturbing content.
Although Musk has made it possible for Donald Trump to rejoin Twitter, the former US president has yet to do so, instead opting to post on his social networking website.
A "community notes" feature would enable Twitter users to correct false information if Trump returned and made unsubstantiated claims about the 2020 election, according to Musk, who also told CNBC that he did not personally believe the election was "stolen", as Trump says.
Twitter has acknowledged that it caved in to pressure from the Turkish government to remove the content before last weekend's elections, despite Musk's declared stance on free speech and his vehement criticism of content moderation around the 2020 election.
In response to criticism over the apparent hypocrisy, the business said on Monday, "We got what we assumed to be a final threat to limit the service -- after previous such threats.
Therefore, to maintain Twitter's availability over the election weekend, four accounts and 409 Tweets recognized by court order were taken action against.
"A lot of people still think Teslas are super expensive...but now we're at the point where the starting point of a Tesla is actually below the average selling price of a car in the United States," Elon Musk said Tuesday after Tesla's shareholder meeting. https://t.co/HDj69iAFmA pic.twitter.com/cDNnAUTR9R
— CNBC (@CNBC) May 16, 2023
At Tesla, where such technology is already used for self-driving capabilities, Musk told CNBC that he would concentrate mainly on artificial intelligence.
Regarding Tesla AI used for autonomous driving, Musk predicted that the company would experience a ChatGPT moment no later than next year.
Artificial solid intelligence has captivated people's imaginations and stoked anxieties through ChatGPT bots from the startup OpenAI, which Musk assisted in founding.
Musk asserted, "I am the reason OpenAI exists," highlighting his initial investment of $50 million.
"I invented the name.