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Mr Musk has been looking for ways to cut costs and make money in different ways from the platform

Elon Musk, boss of Twitter and CEO of Tesla and SpaceX, has given a surprise interview to the BBC.

Musk agreed unexpectedly to the last-minute conversation with our correspondent James Clayton at Twitter Headquarters.

The billionaire admits he only bought Twitter because he had to, and describes running the firm as “quite painful” and “a rollercoaster”.

He also spoke about the mass lay-offs at the firm, saying it was down to 1,500 staff members from an initial 8,000.

The BBC objected this week to a new tag describing it as “government-funded media” on its main Twitter account – and Musk agrees the tag will be updated.

He also says he sometimes sleeps at the office and addresses his controversial tweets saying: “I think I should not tweet after 3am”.

And he contests the idea that hate speech is now more common on the platform.

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