Several major advertisers, including Nestle and Shell, have contested allegations made in a lawsuit filed by Elon Musk accusing them of orchestrating an advertising boycott against his social media platform, X. These companies have denied coordinating any targeted effort to boycott Musk or his businesses, emphasizing that their reduction in advertising was not a concerted action but rather a response to concerns over X's management of harmful content. The advertisers argue that X's own business decisions disrupted their advertising strategies and alienated customers, countering Musk's claims. The lawsuit remains active as the parties await further judicial review.
Elon-linked group slapped with major lawsuit. https://t.co/ojgxvVbdVl
Multiple major advertisers, including Nestle and Shell, have pushed back against Elon Musk's claims of a boycott in a lawsuit. The companies assert that they have not participated in any targeted effort against Musk or his companies. $NDXP $SHEL
Nestle, Shell and a handful of other companies say they didn’t coordinate an advertising boycott of X following Elon Musk’s purchase of the social media platform, refuting claims made in a lawsuit https://t.co/R2a50vvS7j