Tesla—Twitter Merger—A Revolution in Business Through Social Networks

Modern-day users are in need of effective modes for sharing, organizing, and finding relevant content and building an appropriate connection to contacts through online social networking. As there is a rapid drift in the trends of the products and technology with respect to time, social networking portals should be dynamic toward those changes. This work presents a strategic study of two organizations tesla which bought twitter for $44 billion and was one of the biggest acquisitions of the year. Twitter which is a global leader in social networking has eminent personalities sharing their thoughts followed by many people worldwide joining tesla which is a leader in electric vehicles. The goal of this purchase was to connect more people around the world toward technology transformation. This work makes a detailed literature survey of the various technologies, economy, and growth of tesla and twitter and concludes with the reason behind their merger. It also does a thorough examination of the evolution of social networks toward business.