Elon Musk says he will step down as Twitter CEO when he finds ‘someone stupid enough to take the job’
Elon Musk said late Tuesday he will step down as Twitter’s chief executive — eventually.
In a tongue in the cheek tweet, Musk, who bought Twitter for $44 billion in October, said: “I will step down as CEO as soon as I find someone stupid enough to take the job! After that, I’ll just run the software team and the server.”
Musk posted a poll on Twitter on Sunday ask the user if he should resign. About 17.5 million Twitter users voted, with 57.5% saying Musk should step down. On Monday, he pointed out that polls regarding company policy should only open to pay Twitter Blue subscribersinstead of the general user base.
During a court hearing in November, Musk said he hopes to find a permanent successor as CEO “over time,” but he said on Sunday that there is currently “no successor.” and that “It’s not about finding a CEO, it’s about finding a CEO who can keep Twitter alive.”
His tenure at Twitter was tumultuous, with more than half of employees being laid off and announcements — often later canceled — of major policy changes without notice, leading to harsh criticism that his decision-making was erratic and arbitrary.
The chaos spread to his other major company, Tesla Inc.
fell further on Tuesday. Stocks are on track for their worst month, quarter, and year everand some shareholders have called for Musk to step down as Tesla CEO, saying his focus on Twitter is hurting the electric-car maker.