Elon Musk Will Step Down As CEO of Twitter When He Finds a “Foolish Enough” Replacement

Elon Musk said on Tuesday that he would leave his position as CEO of Twitter once he found someone “foolish” enough to replace him. Musk said in a tweet that he will stay at the business to oversee the software and server departments.

Musk recently asked followers on the social media platform to vote in an unofficial poll on whether he should resign, and he promised to follow the outcomes. More than 17.5 million people turned out to vote, and 57.5% of them supported Musk’s resignation. About 42% of people opposed the change.

Musk has used Twitter polls to make other decisions on the social media network, including restoring Donald Trump’s account and the accounts of other suspended users. He mocked a rumor that he was looking for someone to take over as CEO of Twitter earlier this week by teasing it with a laughing emoji and tweeting that “no one wants the job who can actually keep Twitter alive.”

Tesla Stock Prices Have Seen a Drastic Drop Following His Twitter Acquisition 

Musk didn’t mention it in his tweets, but Tesla’s stock has fallen to $150 per share, or approximately 50% less than it was a year ago, which surely casts a shadow over the recent Twitter issue. Musk also fell to second place on the Forbes list of the wealthiest people in the world. According to Reuters, KoGuan Leo, Tesla’s third-largest individual investor, and a self-described Musk enthusiast, tweeted earlier this week that Elon had “abandoned Tesla” and that the company needed a new CEO.

Musk has (for the most part) followed the polling data published to his own Twitter account while he has been the company’s owner, but the Musk Rules might change. He had also previously said that “No major content decisions or account reinstatement” would take place without the formation of a content moderation committee, but then claimed that no longer applied since activist groups had “broken the deal” with him.

Although Musk’s Twitter poll may be a spectacle that feeds his insatiable need for drama, it serves no practical function. Musk has already made it clear that he does not plan to continue leading Twitter forever and that he intends to hand over leadership to a scapegoat tasked with righting his wrongs. Furthermore, the poll makes no mention of a deadline. If Twitter users vote for Musk to be fired, Musk may shoot first whenever it suits him, claiming that he is humbly following out the decision of the people.

ABOUT THE AUTHOR

Muhammad Zuhair


Passionate about technology and gaming content, Zuhair focuses on analysing information and then presenting it to the audience.
Back to top button