Twitter CEO Elon Musk says (2022) he will step down once a successor is found

As a result of a poll he launched that suggested users wanted him to step down, Twitter CEO Elon Musk said he will resign as chief executive once he finds a replacement.

As Twitter CEO Elon Musk has courted controversy repeatedly, sacking half its staff, allowing far-right figures on the platform again, suspending journalists, and charging for previously free services.

” I will be making tweets as soon as I find anyone foolish enough to become the new Twitter CEO Elon Musk said in a tweet, saying that he would then only be running the software and server teams at Twitter.

Approximately 10 million votes, or 57%, supported Musk stepping down weeks after he took ownership of Tesla for $44 billion.

Other Twitter decisions Musk has made have been based on polls, including the reinstatement of former US president Donald Trump’s account.

No one wants the job who can actually keep Twitter alive

In an earlier statement, he mocked a report suggesting he was in the process of hiring someone to run Twitter, and tweeted that “no one wants the job who can actually keep Twitter alive.”

It noted that the stock price of Musk’s electric car company Tesla has declined by one-third since Musk took over Twitter, and some suggested that Tesla’s board may have been exerting pressure on Musk to leave the platform.

“It is finally good news for Tesla investors that this nightmare situation is about to come to an end,” said Wedbush analyst Dan Ives on Tuesday, as part of the report published by The Wall Street Journal.

In discussions with users following the posting of his latest poll,Twitter CEO Elon Musk reiterated that the platform may be on the verge of bankruptcy.

How about a twitter poll for policy?

Shortly after trying to rescue himself from yet another controversy, the unpredictable entrepreneur posted the poll on his resignation.

Earlier this week, Twitter users informed they would no longer be able to promote content from other social media platforms.

Twitter CEO Elon Musk later reversed course and said suspensions would only apply to accounts that “primarily used to promote competitors.”

Musk’s takeover of Twitter had prompted howls of disapproval, even from Twitter co-founder Jack Dorsey, who had supported Musk.

The analyst Ives from Ives Research noted the following: “Advertisers have fled the hills and Twitter is looking at potentially losing as much as $4 billion in revenue per year due to the exodus of advertisers.”

Twitter CEO Elon Musk announced Twitter would charge $8 per month

Twitter CEO Elon Musk announced Twitter would charge $8 per month for identity verification shortly after taking over the platform. However, the plan suspended after an embarrassing rash of fake accounts popped up. We just relaunched the site.

Several days later, Musk announced that Twitter was losing $4 million a day, and the company would lay off half of its 7,500 staff.

As mentioned above, Musk has reinstated the account of former US president Donald Trump, despite the fact that Trump has expressed no interest in using the platform, and tweeted that Twitter will no longer work to combat the spread of disinformation concerning COVID-19.

His family has been at risk due to several journalists’ accounts suspending their accounts since he complained they were publishing details about the movements of his private jet in the past few days, something he felt could put them in danger.

a number of accounts suspended by the company that reactivated.

A public spokesman for the European Parliament’s speaker Roberta Metsola said in a statement that the speaker sent Musk a letter on Monday inviting him to answer questions from the parliament.

There is no power for the parliament to enforce Musk’s presence, and it was not immediately clear how he would respond.