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Fallout from an Elon Musk post endorsing antisemitic views continues to spread, with Tesla Inc. investors criticizing the billionaire and more advertisers fleeing his social media platform X. The European Commission joined International Business Machines Corp. in announcing it will stop advertising on X, formerly known as Twitter, after Musk agreed with a post that said Jewish people hold a “dialectical hatred” of white people. Musk responded by saying: “You have said the actual truth.” “X has also been extremely clear about our efforts to combat antisemitism and discrimination,” X Chief Executive Officer Linda Yaccarino said on the platform Thursday. “There’s no place for it anywhere in the world — it’s ugly and wrong. Full stop.” Musk, the chief executive officer of Tesla Inc. and the world’s richest person, has repeatedly been criticized for promoting content attacking Jewish people and his latest comments come at a time of rising antisemitism and Islamophobia around the world amid the Israel-Hamas war. The Anti-Defamation League found antisemitism on X increased by more than 900% in the week following the initial Oct. 7 attack by Hamas compared to the previous week. -------- Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to Bloomberg Originals: https://www.youtube.com/BloombergTV Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake