Late Sunday, Musk launched a Twitter poll asking his 122 million followers, “Should I step down as head of Twitter?” He said he would stick with the results, later adding, “As the saying goes, be careful what you want, you might get it.”
Billionaire nicknamed “Chef Twight” bought the company For $ 44 billion in October and appointed himself CEO. Since then, it has become a frequent subject of his tweets, the staff said He was a regular presence at the company’s headquarters in San Francisco.
But that’s him It raised concerns among investors – Especially in Tesla – that entrepreneur is very stressful. Some have questioned his effectiveness as CEO of two large tech companies, wondering if he could function effectively in both positions simultaneously as well as head of the rocket company SpaceX.
To add fuel to the fire, Musk has been known to run opinion polls to confirm decisions he’s already made, perhaps most famously when he asks Twitter if he should sell 10 percent of his stake in Tesla. Later, Files showed Musk had already adopted a trading plan, which called the poll into question at least in part.
Musk and Twitter did not immediately respond to a request for comment Sunday night.
Musk made a series of changes to Twitter, where he said a major priority was fixing the company’s code. he is Lay off nearly half of the company 7,500 employees, commissioned ultimatum hardcore culture that caused hundreds of others To leave, change the Twitter rules immediately and based on polls – Including re Former President Donald Trump.
It’s not immediately clear how much that would change if Musk steps down as CEO, considering he still owns the company, along with his co-investors.
musk previously referred to He does not plan to stay in charge of Twitter in the long term. He testified in a Delaware court last month that he plans to find someone else to run Twitter and cut back on his time at the company. He took a stand in response to a Tesla shareholder lawsuit, which argued he was overpaid for his work on the automaker’s 2018 compensation package, while dividing his time among several other companies.
The unscientific and unrepresentative poll on Musk’s leadership follows a stormy week for Musk. Tesla’s share price fell about 15 percent last week, capping a dismal performance in the past few months, as some investors called for him to step down from leadership at one of his companies to focus better.
On Wednesday, Musk suddenly account suspended which tracked his private jet by relying on publicly available data. This followed the next day By commenting correspondents who apparently tweeted about it – accusing them of publishing “essentially assassination coordinates” for him and his family. Musk released a poll on Thursday in which users voted Bring back those banned.
By Sunday, as Musk tweeted about the World Cup final he was watching next to former Trump adviser Jared Kushner, Twitter had enacted new rules prohibiting users from repeatedly promoting rival social networks on the site, calling it “free promotion” against the rules. Crowds of users, including some of Musk’s supporters, have dismissed the new policy as too draconian, though Musk has vowed to bring back what he called “free speech” to the site.
Musk’s new policy also banned the promotion of Facebook, Instagram, and the Truth Social app, which Trump co-founded.
Musk issued a rare apology on Sunday after Twitter enacted new rules prohibiting users from repeatedly promoting rival social networks on the site, saying it would put future political decisions to a vote.
Later that night, @TwitterSafety tweeted a poll asking: “Should we have a policy against creating or using existing accounts for the primary purpose of advertising on other social media platforms?”
It also appears that the tweets and the page outlining the new policies blocking content from external networks have been deleted.
Musk’s poll about his leadership was due to end early Monday morning, before trading opened on Wall Street, as Tesla lost half of its more than $1 trillion valuation from the spring.
“Those who want power are the least deserving of it,” Musk wrote on Twitter late Sunday, as millions of users voted and the poll headed toward him stepping down.
“Twitteraholic. Total bacon fan. Explorer. Typical social media practitioner. Beer maven. Web aficionado.”