One day after billionaire and Musk's acquisition of the social media platform, General GM stopped paying for advertising on it.
CNBC reported on GM's decision. The U.S. car maker made a decision.
The company said in an email that they are talking to the new owners of the platform. We have paused paid advertising because of a change in the media platform. Customer care interactions will continue on the social networking site.
It is not known what percentage of GM's advertising budget is dedicated to the micro-blogging site.
Most, if not all, automotive companies have a presence on the social networking site. Not all of them choose to pay for advertising.
There are many established and newer companies that have social media accounts on the platform. After the announcement of the Musk-Twitter deal, Fisker's founder and CEO deleted his personal account, but he is still on the social media platform.
Earlier this week, Musk posted a note on his personal account about his intentions to run the social media platform.
Musk wrote that there has been a lot of speculation about why he bought the social networking site. Most of it hasn't been right. He wrote that he believes that the platform can be a common digital town square and that it can't be a free-for-all hellscape.
Musk's promises might not be enough for GM as it tries to compete and surpassTesla in EV sales.
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