Musk says he WILL step down as Twitter CEO
Published on Dec 21, 2022 at 10:19 AM (UTC+4)
by Kate Bain
Last updated on Dec 21, 2022 at 10:19 AM (UTC+4)
Edited by
Kate Bain
Elon Musk says he will step down as the CEO of Twitter.
The provocative billionaire said he would resign “as soon as I find someone foolish enough to take the job”.
“After that, I will just run the software and servers teams,” he said.
READ MORE! #RIPTwitter is trending as hundreds of employees walk off the job
Twitter Poll
The news comes after the Twitter CEO published a poll asking Twitter users to vote on his future at the company.
He took to Twitter on Sunday to publish a poll with the question “should I step down as head of Twitter”.
He added that he would “abide by the results”, meaning the decision was in the hands of Twitter’s 329 million users.
Musk put a time limit on the poll, giving people just 11 hours to have their say on the billionaire’s future position in the company.
When the poll closed on Monday, 57 percent voted Yes, that he should in fact step down.
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After initially publishing the poll, Musk told his followers “be careful what you wish, as you might get it”.
He then added “those who want power are the ones who least deserve it”.
Musk’s controversial Twitter takeover
Musk’s tenure as Twitter’s boss has proven controversial from the very beginning.
After dropping $44 billion on the social media platform, he fired its top executives including the CEO.
He then got rid of about 50 percent of the workforce.
After that, he gave the other 50 percent an ultimatum.
In an email, he told them they needed to sign an agreement to work “extremely hardcore” or they would be let go.
This obviously didn’t go down too well as another thousand employees walked out.
Free speech era
The Tesla CEO also promised a new era of free speech on the platform, but this quickly backfired.
Musk reinstated the accounts of several people who were previously banned including former US President Donald Trump and controversial music producer Kanye West.
But this new “free speech” era didn’t last long as Kanye West’s account was banned not long after for spreading hate speech.
Twitter made another bold decision overnight by banning all links to other social media platforms including Facebook and Instagram.
This means users will no longer be able to include these links in their tweets or even personal bios.
Musk also sent the rumor mill into overdrive when he followed crypto exchange OKX, leading people to believe it was an endorsement of some kind.
Twitter investors have also revealed the platform’s finances are in a dangerous state.
This is partly due to brands pulling their advertising from Twitter due to the chaos it’s found itself in since Musk’s takeover.
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Kate Bain is the Page Editor at supercarblondie.com. She is based in Dubai and coordinates coverage of the latest news across automotive, technology, and lifestyle. Kate has a bachelor's degree in business and post graduate in journalism. She is an experienced editor and journalist who has worked for News Corp, Daily Mail Australia, and Sky News. When she's not at work, you'll find her attached at the hip to her dog, Thor.
