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Elon Musk has acknowledged that his $44 billion takeover of X may fail — a stark admission that came as he faced fresh public outrage over a decision to eliminate the social media sites block feature.

Musk commented on Xs uncertain future came even as Threads, the rival text-based social media platform launched by Mark Zuckerbergs Meta last month, prepared to roll out a web version in its latest effort to lure users.

The sad truth is that there are no great social networks right now, Musk said. We may fail, as so many have predicted, but we will try our best to make there be at least one.

The X owner, who is worth an estimated $225.5 billion, infuriated users last Friday by revealing they would no longer be allowed to block accounts, except in the case of direct messages.

Musk argued that the block feature makes no sense and said users would have to make do with simply muting accounts from appearing on their timeline.

The move triggered immediate pushback, with Monica Lewinsky among those who urged Musk and X CEO Linda Yaccarino to reconsider nixing the feature.

The sad truth is that there are no great social networks right now.

We may fail, as so many have predicted, but we will try our best to make there be at least one.

Please rethink removing the block feature. as an anti-bullying activist (and target of harassment) i can assure you its a critical tool to keep people safe online, Lewinsky said.

Despite his apparent doubts about Xs future success, Musk poked fun at users who had raised a stink about his decision to get rid of the block function.

Pretty fun blocking people who complain that blocking is going away. How does the medicine taste? Musk wrote on Sunday.

The criticism was one of the multiple headaches that emerged for X over the weekend.

On Saturday, a glitch on Xs platform caused pictures and videos that were uploaded to Twitter prior to 2015 to disappear from the site.

One of the pictures to be temporarily erased was comedians Ellen DeGeneres famous selfie from the 2014 Oscars alongside Jennifer Lawrence, Bradley Cooper and Meryl Steep. That image was later restored, though the glitch appeared to persist for other media.

“More vandalism from @elonmusk,” said user Tom Coates, who was among the first to flag the issue. “Twitter has now removed all media posted before 2014. Thats – so far – almost a decade of pictures and videos from the early 2000s removed from the service.”

Separately, a report from Mashable revealed that 42% of Musks roughly 153 million followers had zero followers of their own. More than 100 million accounts that follow Musk have tweeted fewer than 10 times.

More vandalism from @elonmusk. Twitter has now removed all media posted before 2014. Thats – so far – almost a decade of pictures and videos from the early 2000s removed from the service.

For example, heres a search of my media tweets from before 2014. https://t.co/FU6K34oqmA

The data suggests that many of Musks followers have inactive accounts — and raised the possibility that some could be bots. The billionaire famously vowed to eliminate all bots from Twitter as part of his plans to rejuvenate the site.

Meanwhile, Zuckerbergs plan to roll out a web version of Threads added additional pressure on X. While Threads has lost more than half of its user base since its debut, it is still considered the most significant challenge to date for Musks platform.

Instagram chief Adam Mosseri confirmed on Friday that Threads web version was close to a debut.

Its a little bit buggy right now, you dont want it just yet, Mosseri said. As soon as it is ready, we will share it with everybody else.

If X were to fail at some point, it would mark one of the costliest business disasters in history. Musk was forced to sell off a significant chunk of Tesla stock to fund the $44 billion deal.

Earlier this month, Yaccarino claimed that X is close to breaking even from a revenue perspective following Musks extensive cost-cutting measures, including mass layoffs.

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World

Inside Iran’s notorious Evin Prison – as Tehran says damage shows Israel targeted civilians

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Inside Iran's notorious Evin Prison - as Tehran says damage shows Israel targeted civilians

It is one of the most notorious and secret places in Iran.

Somewhere foreign journalists are never allowed to visit or film. The prison where dissidents and critics of Iran’s government disappear – some never to be seen again.

But we went there today, invited by Iranian authorities eager to show the damage done there by Israel.

Evin Prison was hit by Israeli airstrikes the day before a ceasefire ended a 12-day war with Iran. The damage is much greater than thought at the time.

Evin Prison, Iran

We walked through what’s left of its gates, now a mass of rubble and twisted metal, among just a handful of foreign news media allowed in.

A few hundred yards in, we were shown a building Iranians say was the prison’s hospital.

Behind iron bars, every one of the building’s windows had been blown in. Medical equipment and hospital beds had been ripped apart and shredded.

What Iran says was the hospital at the Evin Prison
Image:
Debris scattered across what Iran says was the prison hospital

It felt eerie being somewhere normally shut off to the outside world.

On the hill above us, untouched by the airstrikes, the buildings where inmates are incarcerated in reportedly horrific conditions, ominous watch towers silhouetted against the sky.

Evin felt rundown and neglected. There was something ineffably sad and oppressive about the atmosphere as we wandered through the compound.

The Iranians had their reasons to bring us here. The authorities say at least 71 people were killed in the air strikes, some of them inmates, but also visiting family members.

The visitor centre at Evin Prison after Israeli attacks
Image:
Authorities say this building was the visitor centre


Iran says this is evidence that Israel was not just targeting military or nuclear sites but civilian locations too.

But the press visit highlighted the prison’s notoriety too.

Iran’s critics and human rights groups say Evin is synonymous with the brutal oppression of political prisoners and opponents, and its practice of hostage diplomacy too.

British dual nationals, including Nazanin Zaghari-Ratcliffe were held here for years before being released in 2022 in exchange for concessions from the UK.

Read more:
Iran: Still a chance for peace talks with US
Why Netanyahu wants a 60-day ceasefire – analysis

The main complex holding prisoners sits atop a hill
Image:
Inmates are held in building on a hill above, which has been untouched by airstrikes

Interviewed about the Israeli airstrikes at the time, Ms Zaghari-Ratcliffe showed only characteristic empathy with her former fellow inmates. Trapped in their cells, she said they must have been terrified.

The Israelis have not fully explained why they put Evin on their target list, but on the same day, the Israeli military said it was “attacking regime targets and government repression bodies in the heart of Tehran”.

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The locus of their strikes were the prison’s two entrances. If they were trying to enable a jailbreak, they failed. No one is reported to have escaped, several inmates are thought to have died.

The breaches the Israeli missiles made in the jail’s perimeter are being closed again quickly. We filmed as a team of masons worked to shut off the outside world again, brick by brick.

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Environment

Tesla prototype sparks speculation: a Model Y, maybe slightly smaller

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Tesla prototype sparks speculation: a Model Y, maybe slightly smaller

A new Tesla prototype was spotted again, reigniting speculation among Tesla shareholders, even though it’s likely just a Model Y, potentially a bit smaller, and the upcoming stripped-down, cheaper version.

Over the last few months, there have been several sightings of what appears to be a Model Y with camouflage around Tesla’s Fremont factory.

It sparked a lot of speculation about it being the new “affordable” compact Tesla vehicle.

There’s confusion in the Tesla community around Tesla’s upcoming “affordable” vehicles because CEO Elon Musk falsely denied a report last year about Tesla’s “$25,000” EV model being canceled.

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The facts are that Musk canceled two cheaper vehicles that Tesla was working on, commonly referred as “the $25,000 Tesla” in early 2024. Those vehicles were codenamed NV91 and NV92, and they were based on the new vehicle platform that Tesla is now reserving for the Cybercab.

Instead, Musk noticed that Tesla’s Model 3 and Model Y production lines were starting to be underutilized as the Company faced demand issues. Therefore, Tesla canceled the vehicles program based on the new platform and decided to build new vehicles on Model 3/Y platform using the same production lines.

We previously reported that these electric vehicles will likely look very similar to Model 3 and Model Y.

In recent months, several other media reports reinforced this, and Tesla all but confirmed it during its latest earnings call, when it stated that it is “limited in how different vehicles can be when built on the same production lines.”

Now, the same Tesla prototype has been spotted over the last few days, and it sent the Tesla shareholders community into a frenzy of speculations:

Electrek’s Take

As we have repeatedly reported over the last year, the new “affordable” Tesla “models” coming are basically only stripped-down Model 3 and Model Y vehicles.

They might end up being a little smaller by a few inches, and Tesla may use different model names, but they will be extremely similar.

If this is it, which is possible, you can see it looks almost exactly like a Model Y.

It’s hard to confirm if it’s indeed smaller because of the angle of the vehicle compared to the other Model Ys, but it’s not impossible that the wheelbase is a bit smaller – although it’s hard to confirm.

Either way, the most significant changes for these stripped-down, more affordable “models” are expected to be cheaper interior materials, like textile seats instead of vegan leather, no heated or ventilated seats standard, no rear screen, maybe even no double-panned acoustic glass and a lesser audio system.

As previously stated, the real goal of these new variants, or models, is to lower the average sale price in order to combat decreasing demand and maintain or increase the utilization rate of Tesla’s current production lines, which have been throttled down in the last few years to now about 60% utilization.

If this trend continues, Tesla would find itself in trouble and may even have to close its factories.

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Politics

US Senator Lummis’s crypto tax relief plan fuels DeFi momentum: Finance Redefined

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US Senator Lummis’s crypto tax relief plan fuels DeFi momentum: Finance Redefined

US Senator Lummis’s crypto tax relief plan fuels DeFi momentum: Finance Redefined

Increasing US regulatory clarity is enabling more traditional finance participants to seek out decentralized financial solutions.

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