Elon Musk LOSES His Mind Over Consequences, Lashes Out

Elon Musk rages over the consequences of him turning Twitter into a disaster platform and attacking advertisers publicly in new lawsuit against advertisers leaving his social media platform new called X. John Iadarola and Sharon Reed break it down on The Damage Report.

Read more here:

"Elon Musk's X is suing a group of advertisers, alleging that they violated antitrust laws by ganging up on the social-media company in an advertising boycott.

X CEO Linda Yaccarino posted a video and an open letter on the platform Tuesday announcing the lawsuit against the Global Alliance for Responsible Media, the World Federation of Advertisers, and the GARM members CVS Health, Mars, Ørsted, and Unilever.

The lawsuit, filed in Texas, says that after Musk took over the platform in 2022, GARM persuaded top brands not to advertise on X in an effort to "collectively withhold billions of dollars in advertising revenue" from the platform, The New York Times reported."

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#TheDamageReport #JohnIadarola #TheYoungTurks

240807__DR12Musk

[sparkymcplug]

He paid 44 billion dollars for twitter valued at ten billion, it's now worth four billion. Yeah, he's a brilliant business man.

[Jeffrey-wbx]

Musk is suing because people are using their freedom of choice.

[moshunit]

Seems advertisers hate bots, racism and hate. Who could have known?

[Zere]

Didnt he "Systematically" tell advertisers to "F off"?

[itzkixAKA]

(Speaking from the UK) 
Musk is also trying to talk up an "INEVITABLE CIVIL WAR" in the UK.
Such irresponsibility needs to face appropriate consequences.

[EmilyBoltz]

Getting sick of these billionaires mixing with politics. There is only one agenda for most and it’s pure greed and power.

[bted]

I've never used Twitter. And I'm still never going to call it "X"

[jeanmas]

I love that Musk was expecting a reaction from the audience and didn't get any. This is a precious moment when an entire crowd collectively think: "You are an idiot"

[Steveriknows]

Claiming victimization is such a MAGA thing to do. ❄️

[macrichardson]

ANYTHING that annoys and angers Musk and Trump BRINGS ME JOY

[percytheperfectdachshund]

Dump Trump Dump X Dump Elon = Keeping a Democracy

[peachesandpoets]

Lots of people will start pretending they have never had anything to do with Trump. We mustn't allow them to seperate themselves from him, especially anybody in a position or power or influence. Even if they find a way to get him off the ticket, they all supported him and made this mess.

[einezcrespo]

He opened the floodgates and it scared the advertisers away. They (advertisers) are not obligated to spend ad dollars on his platform. He reacted badly and lashed out. Oh well. 🤷‍♀

[blondelp]

I won't use X nor buy any car from Elon Musk. Basically I don't wanna have anything to do with Trumpers or Shady Vance. They are deplorable

[KarenMartinCAAZ]

He told them not to advertise in a very rude way. What did he expect? 😂

[FriendOfCrows]

I don't understand why anyone uses Twitter anymore. It's like engaging with AI without the intelligence factor.

[jasonfuller]

How could he possibly sue if he tells his advertisers to GFY?

[rustisamust]

I used to think Musk was a genuine tech hero with SpaceX and Tesla. Turns out he's just a skid mark.

[Anne]

imagine being forced to advertise, total bs

[aj.a]

He’s for free speech as long he agrees with what you say.