Elon Musk resigns as Twitter CEO after finding a replacement

Elon Musk on Tuesday said he will step down as Twitter’s chief executive once a replacement is found.

“I’ll step down as CEO as soon as I find someone stupid enough to take the job! Then I’ll just run the software team and the servers,” Musk wrote on Twitter.

This is the first time Musk has mentioned resigning as director of the social media platform, after Twitter users voted unequivocally in a poll for his resignation, which was announced by the billionaire. out on Sunday night.

Wall Street’s calls for Musk to step down have been growing for weeks, and recently even Tesla bulls have questioned his focus on the social media platform and whether that will make any difference. he lost focus on properly running the electric vehicle business, where he was at the heart of product design and engineering. .

Musk himself has admitted that he has too much on his plate and said he will be looking for a Twitter CEO. However, he said on Sunday that no successor and that “nobody wants the job that can actually keep Twitter alive.”

(Reporting by Ann Maria Shibu and Juby Babu in Bengaluru; editing by Sandra Maler)


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