Billionaire chief executive of Tesla insists there is no successor in the wings at social media platform.
The decision to step down as chief executive had also been hinted at long before the Twitter poll was published. A decision to ban an account that tracked the location of his private jet last week was followed by a mass suspension of critical journalists who reported on the ban. [he said](https://twitter.com/elonmusk/status/1604628761395138561) on the social network. Won’t happen again.” The move was the final straw for some. “There is no successor.” [Replying](https://twitter.com/elonmusk/status/1604626103326253056) to another user who said they could do the job, Musk added: “You must like pain a lot. “No one wants the job who can actually keep Twitter alive,”
The move affects content from platforms including Facebook, Instagram, Mastodon, Truth Social, Tribel, Nostr and Post, the company said in a tweet. But cross- ...
"For someone who sets so much store by work ethic, Musk sure seems to spend a lot of time on social media. However, Mr Musk later tweeted that major policy changes for the site would be voted on in the future. In the past Mr Musk has obeyed Twitter polls. Mr Musk is yet to comment since the poll closed. Mr Ives said he believed Mr Musk had realised he "cannot balance" being the boss of Twitter as well as his Tesla and space rocket firm SpaceX. Mr Ives said the last few weeks and months had been a "black eye for Musk and a black eye for Tesla", which he said was the "golden child" because it is where most of the billionaire's wealth is. "Given how much of a distraction Musk's tenure at Twitter has become, shareholders in the electric vehicle manufacturer will be breathing a big sigh of relief if he steps back from Twitter and gets back to the day job at Tesla," he said. After starting the poll, Mr Musk tweeted: "As the saying goes, be careful what you wish, as you might get it." Dan Ives, senior equity analyst at Wedbush Securities, told the BBC before the poll closed that he believed the vote would ultimately lead to the ending of Mr Musk's reign as Twitter chief executive, and that he would probably name a new temporary CEO "in the next 24 hours". A former Twitter member of staff, who left the company recently, told the BBC that Mr Musk was "showing himself to be the incompetent fool we all knew he was". Minutes before the poll closed, the founder of crypto exchange Binance replied to Mr Musk saying he should "I imagine he's getting pressure from investors to step down and is using this poll to make it look like he's following the will of the people instead of the will of those paying his bills."
We'll send you a myFT Daily Digest email rounding up the latest Twitter Inc news every morning. Twitter users have voted for Elon Musk to step down as the ...
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Mr Musk, who bought Twitter earlier this year, said he would 'abide by the results of this poll'.
He wrote on Twitter the policy would be “adjusted” to only suspending accounts “when that account’s *primary* purpose is promotion of competitors”, adding: “Going forward, there will be a vote for major policy changes. Overnight, Mr Musk also liked a Tweet reading: “When a clown moves into a palace, he doesn’t become a king. Last week he removed a poll on reinstating the accounts of suspended journalists before it had concluded.
Mr Musk only took over the social media firm two months ago. It is unclear if or when the SpaceX and Tesla boss would hand over the day-to-day running of the ...
“Should I step down as head of Twitter? The billionaire’s reign as chief executive as well as the owner of Twitter has been turbulent. Elon Musk appears set to step down as the head of Twitter after users voting in a public poll run by the billionaire said they wanted him to step aside.
A poll posted by Mr Musk has seen Twitter users call for him to step down as head of the social media site.
– December 19: Mr Musk says he will abide by a new poll in which he asks if he should step down as the head of Twitter. However, tweets about the new policy and a webpage linked to it are later deleted and Mr Musk apologises. He had also criticised the company’s app store fees and accused the company of hating free speech. Mr Trump had been banned since a pro-Trump mob attacked the US Capitol on January 6 2021 as Congress was poised to certify Joe Biden’s election victory. Mr Musk says staff who do not agree to this ultimatum will be let go. Then, in his first act as owner, Mr Musk sacks several top executives.
When the poll closed on Monday morning, 57.5% had voted “Yes”, after more than 17.5 million votes were cast. Mr Musk only took over the social media firm two ...
“Should I step down as head of Twitter? The billionaire’s reign as chief executive as well as the owner of Twitter has been turbulent. Elon Musk appears set to step down as the head of Twitter after users voting in a public poll run by the billionaire said they wanted him to step aside.
More than half of the 17.5 million respondents voted “yes” to Musk's Twitter question.
Musk said he never intended to be CEO of Tesla, and that he didn’t want to be chief executive of any other companies either, preferring to see himself as an engineer. Musk had to testify in Delaware’s Court of Chancery over a shareholder’s challenge to Musk’s potentially $55 billion compensation plan as CEO of the electric car company. [half of the workforce](https://apnews.com/article/elon-musk-twitter-inc-business-layoffs-c0334da78b3af9faf2f43cf3f6e52ffa), [axed contract content moderators](https://apnews.com/article/elon-musk-twitter-inc-technology-misinformation-social-media-a469130efaebc8ed029a647a149c5049#:~:text=Twitter's%20new%20owner%20Elon%20Musk,were%20out%20of%20a%20job.) and [disbanded a council](https://apnews.com/article/elon-musk-twitter-inc-technology-business-a9b795e8050de12319b82b5dd7118cd7) of trust and safety advisors. Musk also said he expected an organizational restructuring of Twitter to be completed in the next week or so. His Twitter account was promptly suspended, and then restored, as Musk reversed the policy implemented just hours earlier. “Again, the suspension occurred with no warning, process or explanation — this time as our reporter merely sought comment from Musk for a story,” Buzbee said. Twitter had announced that users will no longer be able to link to Facebook, Instagram, Mastodon and other platforms the company described as “prohibited.” He then took aim at journalists who were writing about the jet-tracking account, which can still be found on other social media sites, alleging that they were broadcasting “basically assassination coordinates.” Musk was questioned in court on Nov. Twitter gave no explanation for why the blacklist included some websites but not others such as Parler, TikTok or LinkedIn. The billionaire Tesla CEO Musk had attended the World Cup final Sunday in Qatar, where he opened the poll. After it closed 12 hours later, there was no immediate announcement from Twitter or Musk, who may be midflight on his way back to the U.S.
A poll posted by Mr Musk has seen Twitter users call for him to step down as head of the social media site.
– December 19: Mr Musk says he will abide by a new poll in which he asks if he should step down as the head of Twitter. However, tweets about the new policy and a webpage linked to it are later deleted and Mr Musk apologises. He had also criticised the company’s app store fees and accused the company of hating free speech. Mr Trump had been banned since a pro-Trump mob attacked the US Capitol on January 6 2021 as Congress was poised to certify Joe Biden’s election victory. Mr Musk says staff who do not agree to this ultimatum will be let go. Then, in his first act as owner, Mr Musk sacks several top executives.
Mr Musk, who bought Twitter earlier this year, said he would 'abide by the results of this poll'.
He wrote on Twitter the policy would be “adjusted” to only suspending accounts “when that account’s *primary* purpose is promotion of competitors”, adding: “Going forward, there will be a vote for major policy changes. Overnight, Mr Musk also liked a Tweet reading: “When a clown moves into a palace, he doesn’t become a king. Last week he removed a poll on reinstating the accounts of suspended journalists before it had concluded.
When the poll closed on Monday morning, 57.5% had voted “Yes”, after more than 17.5 million votes were cast. Mr Musk only took over the social media firm two ...
“Should I step down as head of Twitter? The billionaire’s reign as chief executive as well as the owner of Twitter has been turbulent. Elon Musk appears set to step down as the head of Twitter after users voting in a public poll run by the billionaire said they wanted him to step aside.
Elon Musk's poll, asking whether he should stand down as the boss of Twitter, appeared hours after he was photographed at the World Cup final in Qatar. That photo tells us two things: firstly, Musk was standing beside Jared Kushner - the son-in-law of ...
Perhaps the future of this troubled firm lies not in the stars, but with feet firmly on solid ground. But perhaps he's now learning the hard way that social media, and the people who bring it to life, are not machines. Throw into that mix the unpredictability of Musk himself - and the ongoing risk that his next tweet could cause untold reputational damage and/or regulatory scrutiny. The finances are bleak according to Musk: he says Twitter is operating at a loss of $4m per day. After all, he put to the vote whether or not he should buy Twitter in the first place, when this entire circus began. It proves Musk was geographically in the vicinity of Saudi Arabia - home to Twitter's biggest investors.