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Stellantis halts paid Twitter ads after Elon Musk takeover

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DETROIT — Stellantis said Monday it is pausing all paid advertising posts on Twitter as it waits to see what the platform will look like under the leadership of its new owner, Tesla Inc. CEO Elon Musk.

“We’re pausing paid advertising posts until we have a clearer understanding of the future of the platform under its new leadership,” the automaker said of Twitter in a statement to Reuters.

Musk has said Twitter has suffered a “massive” revenue drop since he took over 10 days ago.

 

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