Why has Elon Musk stepped down as Twitter CEO?
Wall Street has called for the controversial billionaire to step down as the CEO of the internet company.
Elon Musk said on Tuesday that he would stand aside from his role as chief executive officer of Twitter once a successor has been appointed.
“I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams,” Musk wrote on Twitter.
What has made Elon Musk resign from the Twitter?
After asking his 122 million followers if he should step down, Mr. Musk received a total of 57.5% positive responses or “yes” votes. On Monday, more than 17.5 million people participated in his poll, and 42.5% of them expressed opposition to Mr. Musk stepping down.
Before the ballot was closed, Mr. Musk, who paid $44 billion (£36 billion) for Twitter, said that he would respect the outcome of the vote.
Since gaining control of Twitter, the business magnate, who is also behind Tesla and Space X, has been subjected to a great deal of criticism.
One more controversy for the Tesla owner
The release of his survey coincides with the most recent controversy, which revolved around a policy that prevented users from linking to some competing social networking websites. These websites included Facebook, Instagram, and Mastodon.
After that, Twitter rolled back the policy within a few hours. “Moving ahead, there will be a vote to make significant modifications to the policies. My apologies. It won’t happen again,” he went on to say.
To be able to comment you must be registered and logged in. Forgot password?