• Wed. Feb 28th, 2024

Elon Musk Asks If He Should Resign As Twitter CEO: Most People Say… – Tesla (NASDAQ:TSLA)

ByShivdeep Dhaliwal

Dec 19, 2022
Elon Musk Asks If He Should Resign As Twitter CEO: Most People Say... - Tesla (NASDAQ:TSLA)


Twitter CEO Elon Musk is conducting yet another poll on the platform. This time, the billionaire is asking his 122 million followers if he should “step down” as the head of the company.

What Happened: Musk’s latest poll attracted 1.84 million votes nearly 30 minutes after it was posted. With 11 hours still to go for the poll to close 55.5% of those who voted want him to step down.

Musk said, “As the saying goes, be careful what you wish, as you might get it” in a separate tweet. 

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Why It Matters: Musk’s resignation poll takes place after the platform banned links to other social media platforms and suspended accounts that try to direct Twitter users to rivals.

Wedbush analyst Dan Ives said that Musk’s poll is a “sign that the noise is growing louder and louder given the spider web of Twitter and Tesla weakness.”

Ives said, “Poll results will dictate if Musks stays officially CEO of Twitter….a big moment for this Twitter situation.”

Notably, Tesla Inc TSLA shares have declined over 50% since the year began. Tesla, headed by Musk, has seen its shares decline 29% since Twitter was acquired by the entrepreneur.

Last week, Twitter suspended its rival Mastodon’s account for sharing a link to a Jet Tracking account that focuses on Musk’s private plane.

The Musk-led platform also suspended accounts of high-profile journalists for sharing news of his real-time location. Musk later conducted polls to ask people if they should be reactivated. 

On Sunday, Musk said that going forward there won’t be a vote for major policy changes on Twitter and apologized.

The billionaire interacted with podcaster Lex Fridman who offered to run Twitter on Sunday and said he “must like pain a lot.”

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Image and article originally from www.benzinga.com. Read the original article here.