Tech

Musk: I’ll resign as Twitter CEO once I find ‘someone foolish enough’…

Elon Musk, on Tuesday, said he would resign as the chief executive of Twitter once he finds a replacement.

This was in response to a poll the Tesla boss launched asking Twitter’s users to decide if he should stay in charge of the social media platform.

Musk has fully owned Twitter since October 27 and has repeatedly courted controversy as CEO, sacking half of its staff, readmitting far-right figures to the platform, suspending journalists, and trying to charge for previously free services.

“I will resign as CEO as soon as I find someone foolish enough to take the job!” Musk tweeted on Tuesday.

The world’s richest person added that he will then only run software and server teams at Twitter.

READ ALSO: Taliban bans university education for women in Afghanistan

In the poll results which were posted on Monday, 57 per cent of voters, or 10 million votes, favoured Musk stepping down just weeks after he took ownership of the company for $44 billion.

Musk has used the Twitter polls to take other decisions on the platform, including the reinstatement of the account of former United States President, Donald Trump, and other suspended users.

Earlier this week he used a laughing emoji to ridicule a report he was in search of someone to take over as boss of Twitter, and tweeted that “no one wants the job who can actually keep Twitter alive”.

Analysts have pointed out that the stock price of his electric car company, Tesla, has slumped by one-third since Musk’s Twitter takeover, while some suggested Tesla’s board was putting pressure on him to quit his Twitter role.

“Finally a good step in the right direction to end this painful nightmare situation for Tesla investors,” Wedbush analyst, Dan Ives, said on Tuesday.

In discussions with users after posting his latest poll, Musk had renewed his warnings that the platform could be heading for bankruptcy.

The Star

Segun Ojo

Recent Posts

EFCC re-arraigns two suspects, firms over ₦1.07bn fraud in Lagos

Economic and Financial Crimes Commission has re-arraigned two individuals and their companies before the Lagos…

5 hours ago

Port Harcourt, Warri refinery MoU targets sustainable operations — NNPC

The Nigerian National Petroleum Company (NNPC) Limited says the recently signed Memorandum of Understanding (MoU)…

6 hours ago

Kano tops ECOWAS sub-national education spending ranking – Report

Kano State has emerged as the highest-ranked sub-national government in the Economic Community of West…

6 hours ago

IGP raises the alarm over suspects hiding in Osun govt house

Olatunji Disu has disclosed that the police received allegations that some criminal suspects being sought…

7 hours ago

Dating for money is the real scam — Emeka Ike

Veteran Nollywood actor Emeka Ike has said love and marriage are not scams, arguing that…

7 hours ago

Profile: Meet Adeyemi, the face behind Nigeria’s ghost agency

Prince Adeniyi Adeyemi Matthew has emerged as the central figure in the controversy surrounding the…

7 hours ago

This website uses cookies.