Elon: I’ll Resign as Twitter CEO If I Find Successor ‘Foolish Enough’

Elon Musk tweeted Tuesday night time that he would resign because the CEO of Twitter… if he might discover somebody “foolish enough” to be his successor.

The ex-richest man on the earth wrote, “I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software and servers teams.”

Two days earlier than, the Tesla CEO owned himself in spectacular vogue when he tweeted out a ballot asking, “Should I step down as head of Twitter? I will abide by the results of this poll.” During the ballot’s 24-hour voting window, the “No” votes have been forward at instances, however, ultimately, the “Yes” votes received out, 57.5% to 42.5%. The subsequent day, he stated he would change Twitter’s rules in order that solely subscribers to the social community’s premium service, Twitter Blue, would have the ability to vote in polls that will decide insurance policies, which could invalidate Sunday’s ballot.

Whom the SpaceX CEO would possibly choose as the subsequent chief twit stays a thriller, as he has distanced himself from even those that labored carefully with him on the deal like his private lawyer Alex Spiro and the enterprise capitalist Jason Calacanis. Twitter has had 5 CEOs since its founding in 2006. Jack Dorsey has served as CEO twice.

Musk’s announcement comes because the turmoil of Twitter has contaminated the best supply of his wealth, Tesla. Advertisers are fleeing Twitter, and Musk has laid off a minimum of half the workers of the social community, which has hobbled the product and saddled the corporate with lawsuits. Power customers are decamping for much less common alternate options like Mastodon. Tesla’s inventory, in the meantime, has tumbled to a two-year low, and main traders and former fanboys alike are calling for the board of administrators to nominate a brand new CEO of the electrical carmaker. Musk purchased Twitter for $44 billion and took it over in October after months of trying to wriggle out of the deal.