Experts Warn Twitter Rebranding Could Be Fatal To Elon Musk
Also Read: Pro-XRP Lawyer’s Twitter Account Hacked; Beware Of Fake Rewards advertisement Meanwhile, the Dogecoin price has been on a rise since Elon Musk announced the re brand ing plans. Also, Musk’s updated Twitter location to XÐ fueled speculation that the D refers to Dogecoin. Huge Loss In Twitter Brand Value According to a Bloomberg report, brand experts believe the renaming exercise could be a mistake that could eventually affect Tesla stock as well. Todd Irwin, founder of brand agency Fazer, said the actions ‘tweeting’ and ‘retweeting’ have become part of social media culture and that new vocabulary is hard to replicate such a cultural effect. On the flip side, it is believed that the re brand ing move could likely not have much impact on the company’s bottom line any time soon, as per Gary Black, managing partner at The Future Fund. He said it eventually boils down to whether or not the company will improve ...