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Tesla discloses it spent $200k advertising on X

Here’s one advertiser that social media platform X doesn’t have to worry about losing because it’s turned off by Elon Musk’s comments: Tesla. The car company that famously shuns spending money on advertising spent $200,000 advertising on X through February of this year, it disclosed in an SEC filing this week.

Here’s one advertiser that social media platform X doesn’t have to worry about losing because it’s turned off by Elon Musk’s comments: Tesla. While Musk later apologized for his tweet, calling it his “dumbest” ever social media post, he took shots at advertisers who had left in its wake, telling them to “Go. But the company has been facing weaker growth in demand for electric vehicles than many had forecast, and the headwind of higher interest rates make it more expensive for consumers to finance their car purchases.

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