Elon Musk announced on Tuesday that he will leave his position as Twitter’s CEO once a successor has been found.
After receiving a resounding majority of votes from Twitter users in a poll that the billionaire started on Sunday night calling on him to resign, Musk has now publicly mentioned leaving his position as the social media platform’s CEO for the first time.
Calls for Musk to resign on Wall Street have been growing for several weeks, and more recently even Tesla Inc. bulls have questioned whether his concentration on the social media platform is keeping him from properly leading the electric vehicle industry, where he plays a key role in product design and engineering.
Musk acknowledged he had too much on his plate and declared he would look for a new CEO of Twitter. But he claimed on Sunday that there was no one in place to take his place and that “no one wants the position who can truly keep Twitter alive.”
Source: Indian Express