Musk says Twitter saw revenue slump as activist groups pressured advertisers

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(Reuters) – Tesla (NASDAQ:TSLA) Inc chief Elon Musk said on Friday that Twitter saw a slump in revenue after activist groups pressured advertisers.

“Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists,” he tweeted.