Elon Musk’s Twitter page seen on mobile along with his poll to step down as head of Twitter
Yui Mok | Bye images | Getty’s paintings
Twitter owner and CEO Elon Musk is looking for a new CEO for the corporate, sources told CNBC’s David Faber.
Musk, who acquired the corporate for $44 billion in October, previously said his CEO position could be temporary. In court in November, Musk said, “I expect to cut back my time on Twitter and find another person to steer Twitter over time.” Nevertheless, on Sunday he tweeted that “there is no successor”.
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“The query is not finding a CEO, it’s about finding a CEO who can keep Twitter alive” he wrote.
billionaire published an off-the-cuff poll On Sunday, he asked Twitter users whether he should step down as head of the corporate, and a lot of the 17 million respondents voted for Musk’s departure. On Sunday, he said he would abide by the outcomes of the poll.
Twitter polls are straw polls, meaning they can not be in comparison with skilled opinion polls. Malicious bots or unauthentic accounts can also give you the option to record a response to a Twitter survey.
Sources told Faber that Musk’s search for a new CEO was ongoing and had begun prior to the Twitter poll.
Musk’s takeover of Twitter has been difficult as his leadership has resulted in massive staff cuts, a rise in racist hate speech, advertisers fleeing or spending cuts on the platform, and the reinstatement of previously blocked accounts.
“Chief Twit,” as Musk previously called himself, claims Twitter usage has reached an all-time high since he took power that impressions of hate speech have decreased.
The billionaire’s Twitter executives have raised concerns about his other ventures.
Musk sold billions of dollars price of Tesla stock earlier this yr to fund his Twitter acquisition. He also attracted talent from Tesla, SpaceX and Boring Co., including executives, engineers and lawyers, to assist him on Twitter. Musk is the CEO of Tesla and SpaceX and the founding father of Boring Co.
On Monday, Senator Elizabeth Warren, D-Mass., he wrote to Tesla’s board chairman, Robyn Denholm, expressing concern that Musk and the board can have breached legal obligations to Tesla shareholders.
The legislator who has he has sparred with Musk previously over the concept of a wealth tax, asked the board to reply specific questions on the alleged misappropriation of Tesla assets and conflicts of interest arising from Musk’s purchase of Twitter.
In a tweet on Monday night, Musk said “The US definitely suffered from having Warren as a senator. A representative for Warren didn’t immediately reply to requests for comment.
Earlier this month, NASA Administrator Bill Nelson asked SpaceX President and COO Gwynne Shotwell whether Musk’s Twitter “distraction” could affect SpaceX’s work with the space agency, reported NBC News. Nelson said she assured him that might not be the case.
Musk didn’t immediately reply to a request for comment.