Elon Musk says he’ll step down as Twitter CEO — once he finds a replacement

CNN
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Twitter owner Elon Musk confirmed Tuesday evening that he is stepping down as the company’s CEO, but only while he identifies a successor, directly addressing for the first time a Twitter poll he created this week in which millions of users voted to oust him.

A TweetMusk said, “If I see anyone stupid enough to take the job, I will resign as soon as possible!”

Following his resignation as CEO, Musk said he would “run the software and server teams” at Twitter, indicating he may continue to exert significant influence over the company’s decision-making.

The announcement comes after a day of silence following the outcome of the referendum. On Monday, after more than 17 million users voted — 57.5% of whom said Musk should resign — the billionaire executive only indirectly addressed the results. He suggested that future Twitter polls could be restricted to those who pay for the company’s subscription service, Twitter Blue.

Musk’s poll asking users if he should resign as CEO comes after massive backlash for Twitter Many journalists are suddenly suspended Who hides him, as well as the end of Twitter Ban and then unban links to other social media sites The fastest-growing Twitter competitor, including Facebook, Instagram and Mastodon, has been growing in size since October.

Musk’s brief tenure as CEO has resulted in occasionally erratic changes at one of the world’s most influential social media companies.

At his helm, there is Twitter He was fired Most of its employees, alienated large advertisersFormer President Donald Trump welcomed Back to the stage After his suspension in the wake of the January 6 Capitol riots and Published internal communications Musk told reporters about Twitter’s operations before he took ownership of the company.

Kasthuri forced the remaining employees pledge To become “very hardcore” in their work, and Stopped enforcement Twitter Policy Against Covid-19 Misinformation

Within days, Twitter launched, and was forced to launch, a payment verification feature. Handled immediately Through satirical accounts impersonating major brands, athletes and other public figures verified on the platform.

Musk’s penchant for making major product changes rather than informal Twitter polls exemplifies his ad hoc and improvisational management style. But that approach has drawn growing criticism from many Twitter users. Last week, Twitter suspended several journalists who reported on Musk’s permanent ban on his jet-tracking account.

The growing criticism of Musk culminated in Sunday’s poll, which has served as an effective, if unscientific, poll on Musk’s handling of the company since he stopped short of buying Twitter in late October.