Tesla has undergone significant changes in the past 20 years! Musk said Tesla will try to spend money on advertising
On Tuesday, May 17th, local time, Elon Musk, CEO of American electric vehicle manufacturer Tesla, stated that Tesla would try advertising as it could reach more potential buyers, but the new plan has not yet been fully implemented.On Tuesday, Musk answered an investor's question at Tesla's annual shareholder meeting and said, "We will try to advertise and see how it worksThis is a significant transformation for Tesla, which has been established for 20 years
On Tuesday, May 17th, local time, Elon Musk, CEO of American electric vehicle manufacturer Tesla, stated that Tesla would try advertising as it could reach more potential buyers, but the new plan has not yet been fully implemented.
On Tuesday, Musk answered an investor's question at Tesla's annual shareholder meeting and said, "We will try to advertise and see how it works
This is a significant transformation for Tesla, which has been established for 20 years. For a long time, Tesla has been using its established brand reputation among its fan base to promote electric vehicles, establishing a strong electric vehicle brand that has never featured traditional advertisements on television, radio, newspapers, or magazines.
Musk stated in a subsequent interview that as the company continues to grow and expand, spending money on advertising may be a way to expand its existing user base.
He said, "It's worth a try, we'll see how it works." "I just agreed to advertise, so this is not a fully formed strategy yet
Musk has used the social media Twitter he bought as Tesla's marketing tool. Twitter's main revenue source has always been advertising, and it is expected that the newly appointed CEO Linda Yaccarino will focus on the advertising business.
Musk also revealed that some companies have removed advertisements from the platform after being criticized by Twitter's crowdsourcing fact checking feature (also known as community notes). He did not disclose the specific names of these advertisers, but stated that Twitter lost $40 million as a result. (Chen Chen)
Tag: Tesla has undergone significant changes in the past years
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