Elon Musk, the newly appointed CEO and owner of Twitter, launched an informal poll of the site’s users on Sunday, asking if he should resign. At the poll’s conclusion on Monday at 06:20 ET, 57.5% of respondents wanted the billionaire to leave. By the time the survey was over, more than 17 million people had done the same.
Even though it’s uncertain what he’ll do, Musk said in his tweet that he will follow the poll. Musk stated in court in November that he is attempting to work less at Twitter and identify a deserving successor to oversee it. But he noted in a tweet on Sunday that he doesn’t currently have a replacement. Finding a CEO isn’t the issue; rather, it’s finding a CEO who can keep Twitter alive, he said.
However, the poll followed an online uproar when the “Chief Twit” (as he has dubbed) announced abrupt modifications to Twitter policy in the previous week. For instance, on Sunday, Twitter unveiled a new social media platform promotion rule that forbade users from posting links to certain of their other social network profiles. Paul Graham, the founder of Y Combinator, and other ardent supporters of Elon Musk voiced their outrage at the policy, leading Musk to retract his statement and issue an apology.
Musk’s stewardship of Twitter is affecting his other businesses and generating questions about it. To pay for the acquisition of Twitter, he sold shares of Tesla valued at billions of dollars. Additionally, he has recruited executives, engineers, and lawyers from SpaceX and Tesla to help him at Twitter. His performance as the CEO of Twitter, however, has mostly or obviously negatively affected his other businesses, such as Tesla.
Business Talk is a digital business magazine that caters to CEOs, Entrepreneurs, VC, and Corporates. While working with entrepreneurs and business executives, we focus not only on their achievements. Our mission is to shed light on business entities, including their innovations, technological benchmarks, USPs, and milestones/accolades.
Goa has earned the moniker "Party Capital of India" with good cause. This little beach…
India is a country that boasts a rich cultural heritage and a diverse landscape. Its…
Hyderabad has always been a city of diverse cultural experiences. Its rich history spanning over…
India is a land of spirituality and religion, with numerous pilgrimage destinations scattered across the…
Taking a break from the mundane routine of life is essential for everyone. Some people…
Anniversaries provide an opportunity to honour the good memories, lessons learned, and growth of the…