Stellantis suspends paid Twitter ads following Elon Musk’s takeover

Stellantis announced on Monday that it is suspending all paid advertising posts on Twitter while it awaits the platform’s new owner, Elon Musk.

In a statement to Reuters, the automaker said of Twitter, “We’re pausing paid advertising posts until we have a clearer understanding of the platform’s future under its new leadership.” Stellantis was formed by the merger of Fiat Chrysler and Peugeot manufacturer PSA. Musk claims that Twitter’s revenue has dropped “massively” since he took over 10 days ago.