Elon Musk says he’ll resign as Twitter CEO if he finds substitute


Elon Musk mentioned he would step down from the CEO position at Twitter — simply as quickly as he finds another person “silly sufficient to take the job.”

Nonetheless, Musk plans to maintain management of the software program and servers groups on the social media firm, key areas that can permit him to manage product choices.

Musk tweeted his determination Tuesday night time in response to an unscientific and unrepresentative ballot he launched two days in the past, which requested customers whether or not he ought to step down as head of the corporate. Greater than 10 million folks, or 57.5 p.c of respondents, voted that he ought to go away the place.

Musk had beforehand mentioned he would abide by the outcomes of the casual ballot, which he launched after even a few of his personal allies criticized a few of Twitter’s current insurance policies. The ballot was one in a string of public blows to his picture since he took on the position. This month, he was booed by the group when he went onstage at comic Dave Chappelle’s San Francisco present.

Six moments that outline Musk’s time as Twitter CEO

The entrepreneur, who additionally leads Tesla and SpaceX, took management of the social media firm in October in a $44 billion deal. Musk beforehand indicated he didn’t intend to stay in Twitter’s prime spot long run.

Musk didn’t immediately reply to the outcomes of the ballot for greater than a day after it closed, however he did react to a number of tweets that urged the ballot may have been infiltrated by bots or that it wasn’t a consultant pattern of what folks wished.

His tepid response to the ballot Tuesday night time leaves the door open to him holding on to the highest spot for an undetermined period of time.

“Correct evaluation!” Musk responded to a tweet that requested why “providing to take over that thankless job” would make folks upset.

Some Tesla buyers had urged Musk to step except for the social media firm to focus his energies on the electric-car firm, which has been struggling on the inventory market. Shares of Tesla fell greater than 8 p.c Tuesday throughout buying and selling.

Musk’s time main Twitter has been marked by upheaval and infrequently chaos. The billionaire laid off hundreds of workers, disbanded an outdoor group that oversaw on-line security and reinstated outstanding suspended accounts, together with the one belonging to former president Donald Trump.

No phrase from Musk on whether or not he’ll resign. He misplaced a ballot he mentioned he’d abide.

Musk’s strikes have been controversial with many Twitter customers and advertisers, risking the corporate’s main income. However others had cheered his free-speech agenda and urged him to remain on as chief government.

Musk has used Twitter polls to make important choices a number of instances since he took over the corporate, together with on whether or not he ought to reinstate Trump. He additionally requested customers whether or not the corporate ought to provide “basic amnesty” to suspended accounts, lots of which then started reappearing on the positioning.

Musk launched one other ballot Tuesday night time, this time asking customers whether or not Congress ought to approve a $1.7 trillion deal to fund the federal government.

Cat Zakrzewski contributed to this report.

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