Elon Musk blue tick policy caused loss to the pharma company.
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Elon Musk bought the Twitter social company on October 28 for $44 billion.
Elon Musk fired several top executives after buying Twitter.
Elon Musk has fired more than 50% of the employees from the Twitter company.
Elon Musk had announced the introduction of a new payment method for BlueTick subscription.
If anyone wants to take Blue Tick, he will have to pay $8 dollars per month. The decision which has been stayed.
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After the implementation of the BlueTick subscription rule, fake accounts of many brands were created. Those brands also got Bluetick.
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Because of which all those accounts started looking like real Twitter accounts.
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A fake account of “Eli Lilly and Company” was also created on Twitter. He tweeted on Twitter by writing insulin free.
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Due to this fake tweet, the shares of the company started falling in the market. Due to which they suffered heavy losses.
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Then "Eli Lilly and Company" posted on Twitter that we apologize to those people. Who have been given misleading message from fake Lily account.
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