Elon Musk says he will step down as CEO of Twitter if he finds a replacement

comment

Elon Musk has said he will step down as CEO at Twitter — as soon as he finds someone else who is “foolish enough to take the job.”

However, Musk plans to take control of the social media company’s software and server teams, key areas that will allow him to control product decisions.

musk He tweeted his decision Tuesday night in response to an unscientific, non-representative poll he launched two days earlier that asked users if he should step down as company president. More than 10 million people, or 57.5 percent of respondents, voted to leave office.

Musk had previously said he would stick to the results of the unofficial poll, which he launched after even some of his allies criticized some of Twitter’s recent policies. The poll was one in a series of public blows to his image since taking on the role. This month, he was booed by the audience when he took the stage at comedian Dave Chappelle’s San Francisco show.

Six moments that define Musk’s tenure as CEO of Twitter

The entrepreneur, who also leads Tesla and SpaceX, took over social media company in October in a $44 billion deal. musk previously referred to He did not intend to stay ahead of Twitter in the long term.

Musk did not directly respond to the poll’s results for more than a day after it closed, but he did react to several tweets that suggested the poll might have been hacked by bots or that it wasn’t a representative sample of what people wanted. .

See also  Stock futures are rising slightly after the second consecutive negative session

His tepid response to the poll on Tuesday night left the door open for him to retain the top spot for an indefinite amount of time.

“Accurate assessment!” Musk responded to a tweet that asked why “offering that unwanted job” would make people so angry.

Some Tesla investors have urged Musk to step down from the social media company to focus his energies The electric car company, which was struggling in the stock market. Tesla shares fell more than 8 percent on Tuesday during trading.

Musk’s tenure at Twitter has been turbulent and chaotic at times. Billionair Thousands laid off employees, external group solution which oversaw online security and restored high-profile suspended accounts, incl One belongs to the former president Donald Trump.

No word from Musk on whether he will resign. He lost a poll he said he would stick with.

caught The moves were controversial With many Twitter users and advertisers, risking the company’s main source of revenue. But others rejoiced freedom of expression agenda She urged him to remain CEO.

Musk has used Twitter polls to make crucial decisions several times since taking over the company, including whether he should reinstate Trump. It also asked users if the company should offer a “general amnesty”. for suspended accounts, Many of them subsequently began to appear again on the site.

Musk launched another poll Tuesday night, this time asking users if Congress should approve $1.7 trillion. Government financing deal.

Kat Zakrzewski contributed to this report.

Leave a Reply

Your email address will not be published.