Elon has responded to the criticism and is increasing the limits to a whopping:

Verified accounts: 8000 posts/day
Unverified accounts: 800 posts/day
New unverified accounts: 400 posts/day
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I had to look this up, couldn’t believe it. I’ve been pretty indifferent to Musk and Twitter…cause I’ve been always indifferent to Twitter, but this is crazy. As an example, my city’s police and bus services and others all use Twitter to send updates out. And I’m sure it’s the same for most places. And now they’ve essentially lost the ability to mass communicate with people, because they need to be able to reach everyone not just those with an account.

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Kinda stupid that a local government funded institution relies on a service from a private company to send out notifications

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