Elon Musk says he’ll resign as Twitter CEO—eventually : NPR

Elon Musk (centre), stands with former President Trump’s son-in-law, Jared Kushner (left) to watch the World Cup Final between Argentina and France in Qatar on December 18.

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Elon Musk (centre), stands with former President Trump’s son-in-law, Jared Kushner (left) to watch the World Cup Final between Argentina and France in Qatar on December 18.

Dan Mullan / Getty Images

Billionaire Elon Musk has said he will step down as Twitter CEO as soon as he finds someone “stupid enough” to succeed him.

in one tweet On Tuesday, Musk confirmed that he was looking for a replacement, but he gave no timeline for the process.

Musk’s tweet comes two days after he launched a social media poll. The majority of respondents voted for his ouster.

Even if Musk finds a new head of Twitter, he will still be the owner and final decision maker at the company.

Musk pointed that out in his tweet, saying that he will “only run the software and server teams.” Last month, you tell Twitter staff that Twitter would become “a software and server company” under his ownership.

After musk received widespread feedback for suspending the Twitter accounts of several journalists, the billionaire took to his platform on Sunday to ask the question: “Should I resign as head of Twitter? I will abide by the results of the visit this probe.”

About 17 million people voted in the anti-scientific poll, and nearly 58% of the votes supported Musk’s resignation as CEO.

“As the saying goes, be careful what you want, because you can get it,” Musk tweeted after launching the poll.

Musk has previously said he never intends to stay on as Twitter’s CEO for long, but his tweet on Tuesday comes amid scrutiny over his ability to lead the public. social media company.

Since Musk took over Twitter in late October, there’s been a steady stream of erratic decisions and turmoil at the company. From firing more than half of its staff to reviving former President Trump’s account, Musk has ruled Twitter based on what appeared to be his whims, with little due diligence. with his decisions. Nearly all of Twitter’s top executives have been fired or laid off since Musk took over.

Amid the chaos, major advertisers have left the platform, as Musk has repeatedly suggested that Twitter may be on the verge of bankruptcy. The site’s longtime analysts doubt that, and suggest that Musk may be floating the idea of ​​bankruptcy to cover up his cost-cutting measures.

The confusion and chaos at Twitter had some Tesla investors concerned that Musk was too distracted to lead both companies. The electric car company makes up most of Musk’s fortune, but Twitter has taken over Musk’s schedule. Tesla shares are down 56% this year, with some investors arguing that Musk needs to stop trying to run both operations.

Last week, Tesla investor Ross Gerber told Tesla’s board of directors to “wake up.”

Gerber to add in the tweet: “Who is running Tesla and when will Elon come back?”

Gerber tell NPR in November that he thinks Musk has made some mistakes since buying Twitter, but he continues to support Musk.

“I never bet with this guy,” Gerber said at the time.

A brief policy change leads to outcry

Twitter announced a new policy on Sunday that shocked many users: It said tweets that included links to other social media sites would no longer be allowed, calling such posts “” Free advertising”.

The policy was quickly reversed, but not before upsetting some of Musk’s most fervent supporters.

Twitter co-founder Jack Dorsey, who has previously voiced support for Musk’s takeover of the platform, questioned the policy, say on Twitter that it “makes no sense.”

Others who have backed Musk’s bid for Twitter expressed disappointment with the decision. Venture capitalist Paul Graham wrote of the policy, “This is the last straw. I give up.”

That tweetalso explained how people could find him on rival social networking site Mastodon, which briefly suspended Graham’s Twitter account.

Musk issued a rare apology in response to the outcry.

“In the future, there will be a vote on major policy changes. I’m sorry. It won’t happen again,” Musk said. tweeted.

Three minutes later, Musk launched a poll asking if it was time for him to step down as head of Twitter and promised to abide by the poll results.


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