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Musk asked Twitter if he should remain CEO: poll asks him to step down


In what some would say is an interesting way to kill off Twitter, the company’s boss Elon Musk said he would abide by the results of his poll where he asked if he should step down as Chief Executive. More than 10 million users voted in favor of such a move.

To be fair, Musk hasn’t directly confirmed he would remove himself from the role. But he did post earlier that he would respect the result of the online poll.

When the latter closed 12 hours later on Monday, and more than 17 million users had opined on the matter, 57.5% said Musk should step down.

Musk only bought Twitter for $44 billion just 50 days ago in October and has since laid off thousands of workers, while many resigned themselves. But on Sunday, he created a Twitter poll and asked if he should give up the reins of the company.

While the vote was taking place, the billionaire, who was watching the World Cup final match in Qatar on Sunday, left quite a few comments under other users’ replies, which suggest Musk might be lacking belief in the successful future of the company.

For example, when someone commented that Musk already had the new CEO in place, he replied that “no one wants the job who can actually keep Twitter alive” and that there was no successor.

And when Lex Fridman, a scientist at the Massachusetts Institute of Technology, tweeted that he would not mind running Twitter, Musk hit back: “You must like pain a lot. One catch: you have to invest your life savings in Twitter and it has been in the fast lane to bankruptcy since May. Still want the job?”

In another answer, Musk speculated that it would be hard to find a new CEO – presumably not him anymore – who could keep Twitter afloat.

Musk is the owner of Twitter, a privately held company, so no one can really force him out. But if he did step down, that would mean even more uncertainty for the struggling yet ambitious company.

Besides, unless Musk is looking to resell Twitter, he would remain the owner of the social network and would still control its most important policies. This might actually be the plan because Musk is already the CEO of Tesla and SpaceX, and handing over the reins at Twitter could boost his effectiveness.

Musk had previously signaled he didn’t plan to stay in charge of Twitter long-term, and, finally, he is known for running polls to affirm decisions he had already made.

He once asked Twitter if he should sell off 10% of his stake in Tesla, but filings later showed Musk had already adopted a trading plan.


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