5/16, 8:59 PM (Source: TeleTrader)
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Chart for: Twitter Inc

Musk waiting for 'logical explanation' on accounts affair

Tesla Inc. Chief Executive Officer (CEO) Elon Musk said on Monday that he is still waiting for a "logical explanation" on the number of fake and spam accounts that Twitter has while emphasizing that the company refuses to explain.

The developments come hours after Twitter Inc. CEO Parag Agrawal went on social media to explain that the company has been "strongly incentivized to detect and remove as much spam" as possible. "Anyone who suggests otherwise is just wrong," affirmed Agrawal. However, on the other side, Musk also stated that a potential deal with Twitter is "not out of the question," but at a lower price point.

Musk has previously expressed doubts about the Twitter deal due to the alleged presence of spam and fake accounts on the social media platform.

Baha Breaking News (BBN) / JG