Charlie Brooks
Dec 21, 2022 11:42
Elon Musk announced on Wednesday that he will quit as Twitter's CEO as soon as a replacement is found, just days after a poll revealed that the majority of respondents favored his removal.
Musk stated in a tweet that he will quit as soon as he finds someone somebody "dumb enough to accept the position." He intends to lead Twitter's software and server teams once a replacement has been recruited.
The search for a new Twitter CEO began immediately after roughly 58% of 17.5 million respondents favored Musk's departure as the social media platform's leader. Musk, who initiated the survey, stated that he will "abide" by the results.
Musk is accused of shirking his responsibilities as CEO of the electric vehicle manufacturer Tesla Inc. (NASDAQ:TSLA), prompting the company to take this action. In recent weeks, Tesla's share price has dropped, although Musk's sale of nearly $3 billion worth of shares also contributed to the decline.
The CEO of Tesla recently stated that he was juggling too many tasks due to his Twitter job, but has raised worries about his ability to find a suitable replacement.
Several prominent personalities, including National Security Agency whistleblower Edward Snowden, have offered for the position.
Musk's takeover of the social media network was nevertheless fraught with controversy, as he sacked the majority of the platform's workforce and oversaw the reinstatement of some contentious accounts, including that of former U.S. President Donald Trump.
More recently, Musk faced criticism after Twitter suspended the accounts of many journalists seen to be critical of the Tesla CEO, as well as accounts tracking his and other prominent public figures' real-time locations. The accounts were reinstated after a series of polls demonstrated that the public supported their reinstatement.
Musk was also lambasted for stating that only Twitter Blue subscribers would be able to vote on Twitter rules. Prior to this, the CEO of Twitter stated that all significant decisions on the social media network will be decided by popular vote.
Dec 21, 2022 11:37