Elon Musk is expected to confirm his desire to own Twitter Inc.
when he speaks to the social-media company’s employees on Thursday, according to a person familiar with the matter.
The billionaire Tesla Inc.
chief executive is slated to answer pre-submitted employee questions for roughly an hour at a virtual Twitter all-hands meeting Thursday morning West Coast time, the person said. In addition to reiterating his interest in owning the company and his view of its importance in the world, Musk is likely to clarify recent comments about remote work and touch on aspects of his strategy for Twitter, including the role of advertising and subscriptions.
Musk made waves earlier this month when he told employees of Tesla and SpaceX, his space-exploration company, to spend 40 hours a week in the office and suggested that those who don’t find a job elsewhere. Should the topic come up, he is expected to tell Twitter employees that the comments primarily applied to certain executives, and that many engineers at his companies already work remotely, which he is fine with.
While Musk has criticized Twitter for being too reliant on advertising, he is expected to stress that the company should have multiple revenue streams, with advertising and subscriptions among them, the person said.
An expanded version of this report appears on WSJ.com.
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