Science & Technology

Twitter users vote for Musk to step down as CEO

(Update 1: Adds results of poll)

New York, Dec 19 (EFE).- Twitter users have voted for Elon Musk to step down as the CEO of the social media site in a poll that the magnate claimed was binding.

A total of 57.5% of some 17.5 million respondents voted “yes” to the question: “Should I step down as head of Twitter?”

Musk, who bought Twitter in late October for $44 billion, said in the tweet that he would “abide by the results of this poll.”

In a follow up tweet, the tycoon added: “As the saying goes, be careful what you wish, as you might get it.”

The businessman, CEO of Tesla, SpaceX, and Twitter, and president of the charitable Musk Foundation, denied user speculation that he had already found his replacement as Twitter CEO.

Controversies have dogged Musk’s takeover of Twitter.

Last week, Twitter suspended the accounts of several journalists or bloggers critical of Musk.

The decision unleashed a barrage of criticism, with warnings from the US government and the European Union.

Musk then launched another poll on whether the suspensions should be lifted, before restoring the accounts.

Musk sold almost 22 million shares of Tesla for a value of more than $3.5 billion last week, according to documents made public Wednesday by the United States Securities and Exchange Commission.

It was the second time Musk dumped a significant number of shares in his company since he bought Twitter.

In November, Musk sold 19.5 million shares of Tesla for a value of $ 3.9 billion.

The sales have hurt Tesla’s share price, which has fallen more than 50% in 2022.

Almost all of Musk’s immense fortune, which until the acquisition of the social network was over $200 billion, is invested in the shares of the automaker. EFE


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