- After that, he will only be in charge of directing the "software" and server management teams.
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| Elon Musk |
Musk backtracks and says now that he will only resign when he finds a "dummy" to replace him
Twitter tycoon Elon Musk said Tuesday that he will step down as CEO when he finds someone to replace him, and after that, he will only be in charge of leading the software and server management teams.
True to form, he wrote in a tweet that he will resign as head of Twitter "as soon as I find someone foolish enough to take that position," without elaborating.
On Sunday, he launched a poll on his own account in which he asked users to vote on whether he should continue as CEO: in twelve hours 17 million users voted and 57% asked him to leave the position, but there is no record. that those votes represent real people and are not "bots" or fake profiles.
Several outlets reported that Musk was actively looking for a possible CEO, and the economic portal CNBC specified that this search did not begin on Sunday, but many weeks ago, apparently without much success. It is unknown if the search is being carried out inside or outside the company, which has been severely undercapitalized in human resources after Musk toppled the previous management, fired about half of the employees, and then left hundreds more. voluntarily.
In June, before the purchase of the network was formalized, Musk had already leaked that he would lead the company for "a few months", although that promise seemed difficult to keep given the interest that Twitter caused in him since his arrival and his extreme personal involvement. in its course.
So much so that the investors and senior executives of Tesla -Musk's other great company and the source of his great fortune- had already been asking him more or less openly for several weeks to appoint an executive director for Twitter, since it took up a lot of time for him to attend to his other business.
And it wasn't just a matter of timing: To offset Twitter's losses, Musk sold two large blocks of Tesla stock between November and December, worth $3.65 billion and $3.9 billion, respectively. The losses are mainly due to the flight of advertisers, a symptom of his concern about the ups and downs of the company due to Musk's continuous changes of mind, and they are so serious that the millionaire said yesterday that the company "is going straight to bankruptcy." if no one fixes it.
A large part of advertisers has abandoned Twitter because they consider that the network has been filled with extremist profiles and hate speech, while Musk, who proclaims himself an absolutist of "freedom of expression", has exercised censorship against several journalists. critics of him whose accounts he canceled, although he later accepted them again after launching another "Tweeter poll" on his return.
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