“Should I step down as head of Twitter? I will abide by the results of this poll,” is what Musk tweeted.
Should I step down as head of Twitter? I will abide by the results of this poll.
— Elon Musk (@elonmusk) 1671405633000
Who could replace Musk?
To be fair to Musk he has stuck to his guns when it comes to poll results. So if people do end up ‘voting’ him out, who could actually replace him. Musk did reply to certain tweets hinting that there’s really no successor he has in mind. “No one wants the job who can actually keep Twitter alive. There is no successor,” he stated in a tweet.
Musk additionally indicated that the issue would possibly not be discovering a CEO however one that can in fact do a just right process. “The query isn’t discovering a CEO, the query is discovering a CEO who can stay Twitter alive,” he said in another tweet.
“As the announcing is going, watch out what you want for, as you could get it,” he tweeted.
The Tesla ‘effect’
One of the reasons that are being speculated about Musk’s proposal to step down is the impact on his other companies. One of Tesla’s biggest individual investors, KoGuan Leo tweeted earlier this week that “Tesla has no running CEO” and that Musk has “deserted Tesla.” He followed up with another tweet where he suggested that it would be better if Musk finds a CEO for Twitter. Multiple reports have revealed that Tesla’s stock hasn’t been doing too well. It was reported that compared to last year, Tesla’s stock price was down by 50%, hitting a 52-week low. As a result, Musk has also lost the title of the world’s richest man and is now number two on the list.