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Elon Musk has announced that he will step down as CEO of Twitter as soon as he finds someone else “stupid enough to take the job”.

However, Musk plans to oversee the social media company’s software and server teams, key areas that will allow him to control product decisions.

Musk tweeted his decision Tuesday night in response to an unscientific and unrepresentative poll he conducted two days ago asking users if he should step down as head of the company. More than 10 million people or 57.5 percent of the respondents voted that he should resign.

Musk previously said he would follow up on the results of an informal poll he launched after even some of his allies criticized Twitter’s recent policies. The inquiry was one of a series of public blows to her image since she took on the role. This month, he was booed by the crowd when he took the stage at comedian Dave Chappelle’s San Francisco show.

Six moments that defined Musk’s time as CEO of Twitter

The entrepreneur, who also runs Tesla and SpaceX, took control of the social media company in a deal worth $44 billion in October. Musk has previously stated that he does not intend to remain at the top of Twitter for the long term.

Musk did not directly respond to the poll’s results more than a day after it closed, but he did respond to several tweets that suggested the poll may have been infiltrated by bots or was not a representative sample of what people wanted. .

His soft response to Tuesday night’s poll leaves the door open for him to hold the top spot indefinitely.

“Precise assessment”. Musk responded to a tweet that asked why “offering to take on that thankless job” would upset people.

Some Tesla investors had urged Musk to leave the social media company to focus his energies on the electric car company, which is struggling in the stock market. Tesla shares fell more than 8 percent in early trading on Tuesday.

Musk’s tenure at Twitter has been marked by turmoil and, at times, chaos. The billionaire has fired thousands of employees, disbanded an outside group that oversaw online security and reinstated prominent suspended accounts, including those belonging to former President Donald Trump.

There is no word from Musk on whether he will resign. He lost a poll he said he would comply with.

Musk’s moves have been controversial for many Twitter users and advertisers, threatening the company’s main source of revenue. But others cheered his free speech agenda and urged him to stay on as chief executive.

Musk has used Twitter polls several times since taking over the company to make important decisions, including whether he should reinstate Trump. He also asked users if the company should offer a “blanket amnesty” to suspended accounts, many of which have since reappeared on the site.

Musk launched another poll on Tuesday night, this time asking users whether Congress should approve the $1.7 trillion deal to fund the government.

Katu Zakrzewski contributed to this report.


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