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Indonesian billionaire Koguan Leo, the third-largest shareholder in electric car maker Tesla, is demanding the resignation of CEO Elon Musk.

Leo accuses the eccentric billionaire of focusing too much on Twitter, the social media site that Musk recently bought for more than $44 billion.

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Dr. Leo CoGuan attends the 2015 World Science Festival Spring Gala at the Frederick P. at Rose Hall, Jazz at Lincoln Center on April 30, 2015 in New York City. (Photo by Desiree Navarro/WireImage) (Getty Images)

“Elon has left Tesla and Tesla has no CEO working,” Leo tweeted Wednesday. “Tesla needs and deserves a permanent CEO.”

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TSLA: TESLA INC. 150.23 -7.44 -4.72%

Leo went on to suggest that Tesla’s board of directors had an obligation to look for a replacement. The billionaire offered to give Musk the opportunity to find and name his successor with independent oversight from the board.

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Tesla

A close-up of the Tesla logo on a charger at the Supercharger fast charging station for electric car company Tesla Motors in Mountain View, California, on August 24, 2016. (Smith Collection/Gado/Getty Images/Getty Images)

He added: “Elon was the proud father, Tesla grew up. We need an executioner, like Tim Cook, not Elo.”

Leo owns roughly 22 million Tesla shares, worth a total of about $3.4 billion.

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Elon Musk speaks at a meeting in Norway

Tesla CEO Elon Musk smiles as he addresses guests during the Offshore North Seas 2022 (ONS) meeting in Stavanger, Norway, on August 29, 2022. (Karina Johansen/Getty Images/Getty Images)

A European Commission official responded to Twitter’s suspension of some journalists early Friday morning, appearing to suggest that Musk or the company could face sanctions.

Suspended accounts include those of CNN reporter Donnie O’Sullivan, New York Times technology reporter Ryan Mack, Washington Post reporter Drew Harwell, The Intercept reporter Micah Lee, and others. Fox News reports.

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