Elon Musk says he will resign as Twitter CEO if he finds replacement


Elon Musk has said he will step down as CEO of Twitter – as soon as he finds someone else “dumb enough to take the job”.

Still, Musk plans to retain control of the social media company’s software and server teams, key areas that will allow him to control product decisions.

Musk tweeted his decision Tuesday night in response to an unscientific and unrepresentative poll he launched two days ago, which asked users whether he should step down as head of the company. More than 10 million people, or 57.5% of respondents, voted for him to leave office.

Musk previously said he would respect the results of the informal poll, which he launched even after some of his own allies criticized some of Twitter’s recent policies. The poll was part of a series of public blows to his image since he took on the role. This month he was booed by the crowd when he took the stage at comedian Dave Chappelle’s show in San Francisco.

Six moments that define Musk’s time as CEO of Twitter

The entrepreneur, who also runs Tesla and SpaceX, took control from the social media company in October in a $44 billion deal. Musk previously stated he had no intention of staying at the top spot on Twitter long term.

Musk did not respond directly to the poll results for more than a day after it closed, but he reacted to several tweets suggesting the poll could have been infiltrated by bots or was not about a cross section of what people wanted. .

His lukewarm response to Tuesday night’s poll leaves the door open for him to retain the top spot for an indefinite period.

“Accurate assessment!” Musk responded to a tweet that asked why “offering to take over this thankless job” would make people upset.

Some Tesla investors had urged Musk to step down from the social media company to focus his energies about electric car company, struggling on the stock market. Tesla shares fell more than 8% on Tuesday during trading.

Musk’s leadership of Twitter has been marked by upheaval and sometimes chaos. The Billionaire laid off thousands employees, disbanded an outside group who oversaw online security and reinstated major suspended accounts, including the one belonging to the former president Donald Trump.

No word from Musk on whether he will step down. He lost a poll he said he would respect.

Musk the moves have been controversial with many Twitter users and advertisers, jeopardizing the company’s main source of revenue. But others had applauded his free speech program and urged him to stay on as general manager.

Musk has used Twitter polls to make crucial decisions several times since taking over the company, including whether to reinstate Trump. He also asked users if the company should offer a ‘blanket amnesty’. to suspended accounts, many of which then began to reappear on the site.

Musk launched another poll Tuesday night, this time asking users if Congress should approve $1.7 trillion. agreement to finance the government.

Cat Zakrzewski contributed to this report.

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