Tesla CEO Elon Musk is considering opening a paywall to all Twitter users. Twitter has yet to comment.
After taking the helm of Twitter, Musk has levied an $8 monthly subscription fee for Twitter Blue (Blue V Certification). Firing a series of executives such as Twitter's former CEO and CFO, Musk also made major layoffs at Twitter, with a layoff ratio of more than 50%. Twitter has laid off more than 90% of its employees in India, leaving only more than 10 people.
The reason for these big moves may be exactly what Musk said on social media, Twitter revenue has fallen sharply due to pressure from advertisers, so he made a move to increase revenue. But after Musk took over, many advertisers were concerned, and large advertisers such as Audi, General Mills, and United Airlines have withdrawn from the platform.