X usage has declined as downloads of Threads have surged in recent weeks.

Data from two research firms and figures published by Musk and X suggest a deteriorating situation for X by some metrics. Musk has marketed it as the world’s “town square,” but in number of users it continues to lag far behind social media rivals that focus on video, such as Instagram and TikTok.

In February, X had 27 million daily active users of its mobile app in the U.S., down 18% from a year earlier, according to Sensor Tower, a market intelligence firm based in San Francisco. The U.S. user base has been flat or down every month since November 2022, the first full month of Musk’s owning the app, and in total it’s down 23% since then, Sensor Tower said.

  • dragontamer@lemmy.worldEnglish
    2·
    3 months ago

    He used to impress me with his approach on building an electric car company with full self-driving vehicles in the 2010’s. I wasn’t a full believer, but I thought he was competent and wanted Tesla to succeed.

    Elon Musk didn’t build the company.

    Elon Musk invested into the company, and then sued Martin Eberhard and Marc Tarpenning into giving him “Founder” status. When Martin Eberhard and Marc Tarpenning left the company, it all started to go to shit. Sure there’s some momentum, but by 2015+, its clear that Elon Musk’s buffoonery has taken over (ex: using Tesla money to buy his cousin’s company SolarCity) and today we have 100% Elon bullshit like Cybertruck.

    • modeler@lemmy.worldEnglish
      2·
      3 months ago

      Elon Musk didn’t build the company.

      Elon Musk invested into the company,

      That’s what I said a couple of paragraphs later