Must should step down as head of Twitter-Poll
2022.12.19 06:43
Must should step down as head of Twitter-Poll
Budrigannews.com – After the poll on Elon Musk’s decision to resign as CEO of Twitter came to an end on Monday, the majority of those who participated indicated that they would support the move.
According to the poll that the billionaire launched on Sunday evening, approximately 57.5 percent of votes were cast in favor of the idea of Musk stepping down as the head of Twitter, while 42.5 percent of votes were cast in opposition. Over 17.5 million individuals participated in the vote.
On Sunday, Musk stated that he would abide by the poll’s results, but he did not specify when he would step down if the results indicated that he should.
Tesla shares (NASDAQ:) In premarket trading, shares of Musk’s electric car company, Inc., were up more than 5%.
Musk, who earlier this month lost his title as the richest person in the world, also started the tunneling company Boring Company, backs the medical device company Neuralink, and runs the rocket company SpaceX. Tesla investors have been concerned that Musk has been spreading himself too thin since the Twitter deal.
This year, Tesla has already lost nearly 60% of its value due to supply chain issues and growing competition in the EV market, just like other automakers.
Musk told a Delaware court last month that he would cut back on his time working for Twitter and eventually hire a new CEO.
On Sunday, Musk stated, “There is no successor” in response to a Twitter comment regarding a possible CEO change.
More EU Commission has antitrust law issues to Meta
The poll follows Twitter’s Sunday policy update, which prohibited content with links or usernames for rival platforms and accounts created solely for the purpose of promoting other social media companies.
