Twitter Users Vote for Elon Musk to Step Down as CEO in Poll
More than 58% of Twitter users voted to dismiss Elon Musk from the chair of Twitter CEO. Elon Musk ran a poll on Twitter asking whether “Should I step down as head of Twitter?”
When Elon Musk joined Twitter as CEO, the initial statements do indicate that the SpaceX founder won’t stay long in the position. As the existing CEO abides by the poll results, this will mean an end to 53 days of Elon Musk’s chaotic rule on Twitter. During this time, Mr Musk fired top-level executives and dismissed almost half of the employees.
What Does the Poll Signify and Why Exit?
In the poll, more than 17.3 million votes of Twitter users are in favour of Elon Musk leaving the CEO post. In the 53 days until the poll, Elon Musk is making headlines for the abrupt changes and top-level dismissals. Critics say that the time Mr Musk is working as the CEO of Twitter, other businesses are put in the backseat. Even since the acquisition of Twitter, Tesla’s market position has gone down by one-third.
In the previous polls, Elon Musk also asked the users other questions. This includes asking them whether to reinstate Donald Trump’s account. The following day, Donald Trump’s account is activated.
However, even if the poll results are in favor of Mr Musk’s exit, it is not clear whether the CEO will step down. In a tweet, Mr Musk shared, “No one wants the job who can actually keep Twitter alive. There is no successor, and it has been in the fast lane to bankruptcy since May.”
Throughout Elon Musk’s tenure as the CEO of Twitter, the company is facing financial troubles. At present, Twitter is in debt of $13 billion. Moreover, Elon Musk is looking for new investors to buy Twitter shares at $54.20.
Elon Musk’s self-dismissal from the top spot is unknown. But the radical changes Mr Musk is bringing to the company are not helping in keeping it afloat.