Twitter's annual revenues are expected to plunge by nearly a third this year. The San Francisco-based company is set to earn less than $3 billion in 2023, up from $4.14 billion in 2022.

Analyst Jasmine Enberg: "The biggest problem is that advertisers don't trust Musk" "Twitter needs to be able to separate Musk's perception and personal branding from that of the company to regain their trust and keep them coming back," she added. The multibillionaire is scheduled to speak at a conference of marketing professionals in Miami in April.