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TechFlow news, May 13 — Tesla CEO Elon Musk said the Twitter acquisition deal is temporarily on hold as he awaits further details. He will wait for the detailed calculations confirming that spam and fake accounts make up less than 5% of Twitter's user base. Following the announcement, Tesla's pre-market shares rose 4.5%, while Twitter's pre-market shares continued to decline, dropping over 18%.
Tesla CEO Elon Musk said the Twitter acquisition deal is temporarily on hold as he awaits details. He will wait for the detailed calculations supporting Twitter's claim that spam and fake accounts make up less than 5% of its users.
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