BBC Interview | Alone in a room with only Musk, we talked freely about Twitter

Due to a Twitter error that labeled BBC as "state-funded" instead of "publicly funded," BBC expressed strong dissatisfaction. In order to apologize, Musk recently accepted an interview with BBC. During the interview, Musk discussed many details about the Twitter acquisition and some interesting topics.

Elon Musk's BBC Interview: Why the Twitter Acquisition Was So Challenging

In a recent interview with the BBC, Elon Musk discussed the challenges he faced during the process of acquiring Twitter. He used the analogy of a warehouse filled with goods, where the seller initially claimed only 5% of the goods were faulty, but upon inspection, it turned out to be 25%. This discrepancy naturally led to a desire to renegotiate the original purchase price.

Musk likened this scenario to the issues of Twitter bots and scams that made him reluctant to acquire Twitter at a high price. When asked if he was eventually advised by lawyers to proceed with the acquisition at the original price after legal proceedings, Musk explicitly stated: "Yes." He also mentioned that he didn't want to sell Tesla's stock to fund the acquisition of Twitter, as it would signal a lack of confidence in Tesla to the public.

The interviewer then asked Musk about his initial impression of Twitter.

From a financial perspective, Musk revealed that when he first took over Twitter, the company was losing $3 billion annually with only $10 billion left, which meant the company was on the brink of bankruptcy in just four months, creating a tense situation at the beginning.

Due to the dire financial situation, Musk had to take drastic measures immediately, including laying off a significant number of employees. Despite some disgruntled responses from the laid-off employees, Musk stated:

"If every ship is sinking, no one can move forward."

Elon Musk's BBC Interview: I Am Not the CEO of Twitter

However, after a challenging initial period of six months, Musk mentioned that Twitter's situation had improved, with metrics such as daily user engagement surpassing 80 billion minutes, advertisers gradually returning, and tweet recommendations becoming more accurate.

As of now, Twitter is gradually getting back on track. When asked if someone offered Musk $44 billion to buy Twitter and relieve him of this burden, would he accept?

Musk stated that he doesn't care about the money; what's important is that the person needs to strive for the truth and make Twitter a reliable source of truth. As long as these criteria are met, he is willing to consider it.

As for whether there is a suitable candidate to take over at the moment, no specific person was mentioned during the interview. Musk jokingly stated multiple times that he is no longer the CEO of Twitter, and his dog Floki is.

"He's a great dog, very alert, and hard to get anything from," Musk said.

So, when did Floki become the new CEO? According to previous reports, it happened on February 15th of this year.

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