Elon Musk confirms he will leave his position as CEO of Twitter, but only after hiring a successor.
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Elon Musk confirms he will leave his position as CEO of Twitter, but only after hiring a successor.

More over 50% of those who responded to Elon Musk’s poll asking if he should leave his position at Twitter said yes. 17,502,391 votes were cast in Musk’s poll, with 42.5 percent voting against his resignation as CEO of Twitter and 57.5 percent voting in favour.

Elon Musk announced on Wednesday that he will leave his position as CEO of Twitter once a replacement had been found. He added that he would continue to oversee the software and server teams. More than 50% of those who participated in a poll that Musk had earlier initiated asking his followers if they thought he should leave the firm were in favour.

In response to the poll’s findings, 57.5% of voters chose “Yes.” 17,502,391 votes were cast in Musk’s poll, with 42.5 percent voting against his resignation as CEO of Twitter and 57.5 percent voting in favour.

Musk maintained that he would follow the poll’s findings and that he would leave his position as Twitter’s CEO as soon as he identified a replacement.

Tweeted the billionaire, “As soon as I find someone naive enough to accept the position of CEO, I will step down from it! I’ll only run the servers and software after that.”

Musk acknowledged that he had too much on his plate after purchasing Twitter. The 51-year-old has held the positions of CEO of Tela and Twitter, and his management of Twitter has generated a great deal of criticism. Musk claimed on Sunday that there was no one to succeed him and that no one wanted the responsibility of preserving Twitter.

Recent reports claim that the current CEO of Twitter is looking for a replacement to lead the microblogging platform. Musk, who purchased the business in October for $44 billion, has previously stated that his tenure as CEO will only be short. Musk stated in court last month, “I anticipate limiting my time at Twitter and finding someone else to run Twitter over time.”

About 5,000 of Twitter’s 7,500 employees left the company after his acquisition, and the company is still in an experimental period under the new leadership, releasing and removing new features.

Tesla shares dropped the most in a single day since October on Tuesday, causing Elon Musk’s net worth to drop to a two-year low.

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