Elon Musk has finally announced he is stepping down as head of Twitter as soon as he finds someone suitable to replace him. Tuesday, December 20. This was done via a poll he self-launched and many voted against his leadership.
In a submit on the social community in response to this survey, he introduced his future departure, pronouncing that he would center of attention on the “software and server teams”.
After quite a few weeks of anxiety and procrastination related to the future of the social community given that its takeover for forty four billion euros, Elon Musk requested Twitter users on Monday whether or not or no longer he ought to go away the head of the platform.
A exercise that is now not uncommon for the new owner, who has already used it on a number of occasions, in precise regarding the reactivation of the account of the former American president, Donald Trump, as nicely as different suspended users.
Each time, the billionaire pledged to admire the end result of the survey he was once launching, most regularly with consequences that went in the course he used to be considering.
17 million voters
But this time, 57% of the about 17 million customers of the platform who spoke out stated they had been in choose of his departure.
Back on Monday at the quit of the day in the United States, from Doha the place he had attended the ultimate of the Football World Cup on Sunday, Elon Musk had at the beginning remained silent, earlier than reacting to tweets suggesting that the end result of the survey was once the end result of a machination then of an navy of bots having distorted the result.
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At the begin of the day on Tuesday, the boss of Twitter had retweeted the end result of an opinion ballot carried out by means of the HarrisX institute, with its very own pattern of customers of the platform, and which gave 61% of these wondered in favor.
of his retention as Chief Executive Officer. “Interesting, this looks to propose that we do have a mild trouble with bots on Twitter”, had reacted the proprietor of the platform in response to the tweet of the institute imparting the results, seeming then to think about final at the head of the social network. .
He additionally stated that any new polls would be restrained to paying Twitter users.
Twitter shut to bankruptcy?
And when quite a few American media for their phase guaranteed that he had clearly commenced searching for a substitute even earlier than the launch of his survey, citing nameless sources, the billionaire had reacted with a easy mocking emoji by his platform.
Still, these rumors alongside with the ballot end result seemed to be at the beginning accredited by way of investors, Tesla’s inventory was once even on the upward shove amid developing criticism of Elon Musk’s interest to closer to Twitter because its takeover, to the detriment of the automaker.
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Conversely, signs and symptoms of refusal to go away the head of the social community had been badly received: Tesla’s share fee ended Tuesday’s session down greater than 8%, earlier than the announcement of a future departure.
In three months, the title of the producer has misplaced almost 55% of its cost on Wall Street, and extra than 33% in view that the takeover of Twitter. In post-closing buying and selling on Wall Street, the inventory rose 0.92% to 139.07 dollars.
And the social community is now not doing a whole lot better: in eight weeks, the agency has viewed a range of advertisers withdraw in the face of the danger posed to manufacturers by means of the billionaire’s want to decrease content material moderation there. The crew would even be “on the quick tune to bankruptcy”, guaranteed Elon Musk in a message.
Since the takeover at the stop of October, the boss of Tesla and SpaceX has sparked severa controversies by using laying off half of of Twitter’s workforce, reinstating suspended accounts, suspending these of journalists and looking for to launch a new paid subscription.
Last week, Elon Musk deleted and then restored the money owed of quite a few American journalists from CNN, the “New York Times” and the “Washington Post” in particular, inflicting the European Union and the UN to react.
