Elon Musk Polls Twitter to Ask If He Should Remain Twitter CEO

Twitter’s chief twit Elon Musk hinged his future at social media app to a ballot, certainly one of his favourite methods to make choices, on Sunday night. In the 12-hour ballot, Musk requested whether or not he ought to keep on as head of Twitter and promised to “abide by the results.” Well, the outcomes are in, and the “yes” votes received.

More than 17.5 million customers voted within the billionaire’s ballot. Of these, 57.5% (greater than 10 million) voted for Musk to step down as head of Twitter and 42.5% (7.4 million) stated he ought to stay. While Musk stated he would honor the outcomes of the ballot, it’s not clear what he’ll do on this case. He might determine to redo the poll, as he did when he requested Twitter customers to vote on when he ought to unsuspend the accounts of individuals, many of them journalists, who he claims revealed his location in real-time.

The chief twit had not commented on the outcomes of the ballot by Monday morning.

It’s onerous to know what Musk’s place is about probably giving up his throne at Twitter, which he has clearly loved ruling during the last month and a half. After publishing his ballot on Sunday, Musk revealed that the true problem at hand was finding a CEO that might “keep Twitter alive.” He dismissed claims from some customers that he had already discovered a alternative.

“No one wants the job who can actually keep Twitter alive,” Musk stated in response to 1 consumer claiming Musk would hold up his crown. “There is no successor.”

The billionaire additionally implied that taking on Twitter had prompted him a variety of ache. In response to a remark from Lex Fridman, a researcher at MIT and podcast host, asking Musk to let him run Twitter, the billionaire stated there was one catch.

“You must like pain a lot. One catch: you have to invest your life savings in Twitter and it has been in the fast lane to bankruptcy since May. Still want the job?” Musk acknowledged.

Musk’s ballot comes amid rising discontent from traders in Tesla, which had its worst week since March of 2020. Tesla’s inventory has misplaced greater than 60% of its worth this 12 months. Most of the losses for Tesla traders started after Musk made a suggestion to purchase Twitter in April, in response to Yahoo, earlier than making an attempt the whole lot in his energy to again out.

Last week, main Tesla shareholder Leo KoGuan, a self-proclaimed “Elon fanboy,” slammed Musk for abandoning the electrical automotive firm.

“Elon abandoned Tesla and Tesla has no working CEO,” KoGuan tweeted. “Tesla needs and deserves to have working full time CEO.”

Theoretically, Musk’s ballot might give him a strategy to put Twitter apart and spend extra time at Tesla, which accounts for almost all of his wealth. Musk has offered practically $40 billion price of Tesla inventory during the last 12 months.

Whether he’ll need to step down is one other query.

“As the saying goes, be careful what you wish, as you might get it,” Musk tweeted on Sunday night.