Elon Musk's LinkedIn Challenger Feature On X Is Now Tesla's Go-To For Talent Acquisition
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) is increasingly using X, a social media platform owned by CEO Elon Musk, for talent acquisition. The platform's XHiring feature, currently under testing, allows verified organizations to feature job openings on their profiles. The feature is seen as a potential competitor to Microsoft Corporation’s (NASDAQ:MSFT) LinkedIn.
September 27, 2023 | 11:04 am
News sentiment analysis
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NEGATIVE IMPACT
Tesla's use of X for talent acquisition could potentially challenge Microsoft's LinkedIn. However, the impact on Microsoft is likely to be minimal in the short term as X is still under testing and LinkedIn has a large established user base.
While X could potentially become a competitor to LinkedIn, it's still under testing and it's unclear how many organizations will adopt it. Therefore, the short-term impact on Microsoft is likely to be minimal.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 60
NEUTRAL IMPACT
Tesla is using X, a social media platform owned by CEO Elon Musk, for talent acquisition. This could potentially reduce Tesla's reliance on other platforms like LinkedIn for hiring.
While the use of X for hiring could potentially reduce Tesla's costs and increase the efficiency of its hiring process, it's unclear how significant this impact will be in the short term. Therefore, the score is neutral.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80