Tuned Out: Netflix Shares Plunge As Subscribers Flee; Elon Musk Blames ‘Woke Mind Virus’
Posted on AllSides April 20th, 2022
From The Right
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Elon Musk pinned a drop in Netflix’s share prices on the “woke mind virus” — which makes the streaming service “unwatchable” — on Tuesday night.
Netflix reported on Tuesday that it lost 200,000 subscribers in the first quarter of 2022 while bracing for 2 million lost subscribers in the second quarter. Shares of the company dropped more than 20% in after-hours trading.
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