According to Elon Musk, Netflix is not for peeping at
Businessman Elon Musk does have an explanation for why Netflix is doing so badly these days.
For the first time in years, Netflix has presented bad numbers. The American streaming service was severely punished on the stock exchange. The stock shot down tens of percentages. There are all kinds of explanations for why the streaming service is not performing as well.
Summer is coming and people are tired of watching movies and series after two years of being in a pandemic. In addition, Netflix is the most expensive streaming service. Elon Musk has yet another explanation for Netflix’s mediocre performance.
The Tesla CEO says Netflix has become too woke. As a result, the streaming service would not even be worth peeking. Musk is mainly talking about the series and films produced by Netflix itself. Minorities or people and stories from LGBTQ+ backgrounds play a bigger role in the content on the service.
Elon Musk believes this is so prominent on Netflix that people are tired of it and drop out. These statements he shared on Twitter†
Netflix is trying new things to boost the numbers again. For example, the service bets on games. The service is also considering offering a subscription with advertising.
