Tech entrepreneur Elon Musk has lashed out at Facebook on Twitter, calling on followers to delete the app and saying, ‘It’s lame.’
Musk was responding to a post by British actor Sacha Baron Cohen, calling for increased regulation over the social network.
Baron Cohen said, ‘Facebook needs to be regulated by governments, not ruled by an emperor!’
Musk replied to the post saying simply , ‘#DeleteFacebook It's lame.’
We don’t let 1 person control the water for 2.5 billion people.— Sacha Baron Cohen (@SachaBaronCohen) February 5, 2020
We don’t let 1 person control electricity for 2.5 billion people.
Why do we let 1 man control the information seen by 2.5 billion people?
Facebook needs to be regulated by governments, not ruled by an emperor! pic.twitter.com/o4hNRFNpgt
Musk has previously criticised Facebook, saying that the social network, ‘gives me the willies’ in a 2018 Tweet.
Musk’s personal views have become a part of the Tesla brand, with the businessman previously admitting that he worked more than 90 hours a week.
Musk said, ‘In recent years, hours were much higher.
‘Don’t recommend though — bad for health & happiness. But no choice or Tesla would die. Hope to reduce to 80 hours next year.’
Musk said, ‘There were times when, some weeks … I don’t know. I haven’t counted exactly, but I would just sort of sleep for a few hours, work, sleep for a few hours, work, seven days a week.
Tesla shares have soared by nearly 320% since early June, helped by the company's better-than-expected financial results and ramped-up production at its new car factory in Shanghai.
Another factor driving last week's surge may be fund managers, analysts said.
"A lot of advisors and institutions, they jump in the bandwagon because they don't want to trail," said vocal Tesla bull Ross Gerber, president and chief executive of Gerber Kawasaki in Santa Monica, California. "If Tesla goes to $1,000 and they don't own it, what are they going to tell their clients?"
Gerber trimmed his fund's position in the stock as the company's valuation soared. He hopes to buy more if the stock falls and said a fair valuation would be around $550.
Tesla's biggest winner is Musk, who stands to earn more than $1 billion thanks to Tesla's recent rally.