Elon Musk

Billionaire chief executive of Tesla insists there is no successor in the wings at social media platform.

The decision to step down as chief executive had also been hinted at long before the Twitter poll was published. A decision to ban an account that tracked the location of his private jet last week was followed by a mass suspension of critical journalists who reported on the ban. [he said](https://twitter.com/elonmusk/status/1604628761395138561) on the social network. Won’t happen again.” The move was the final straw for some. “There is no successor.” [Replying](https://twitter.com/elonmusk/status/1604626103326253056) to another user who said they could do the job, Musk added: “You must like pain a lot. “No one wants the job who can actually keep Twitter alive,”

Twitter users voted in a poll for Elon Musk to step down as chief executive of the social media platform, in a backlash against the billionaire less than ...

Twitter did not immediately respond to a request for comment. Tesla investors have been concerned Musk has been spreading himself too thin following the Twitter deal. Advertisement

Twitter users voted in a poll for Elon Musk to step down as chief executive of the social media platform, in a backlash against the billionaire less than ...

Twitter did not immediately respond to a request for comment. "A CEO is supposed to make decisions that are in the best interest of a company and shareholders, not based on what random people on Twitter think." "Elon" and "CEO of Twitter" were among the trending topics on the social media platform on Monday. They have lost nearly 60% of their value this year. About 57.5% votes were for "Yes", while 42.5% were against the idea of Musk stepping down as the head of Twitter, according to the poll the billionaire launched on Sunday evening. Dec 19 (Reuters) - Twitter users voted in a poll for Elon Musk to step down as chief executive of the social media platform, in a backlash against the billionaire less than two months after he took over.

Twitter Inc. users voted for Elon Musk to step down from his role as head of the social platform in a poll the billionaire entrepreneur said he would ...

[cast were in favor](https://twitter.com/elonmusk/status/1604617643973124097) of Musk stepping back from the leadership role. If Musk heeds the results, it would mark the end of 53 chaotic days at the helm, which has involved [dismissing](https://www.bloomberg.com/news/articles/2022-10-28/twitter-ceo-among-top-executives-departing-as-musk-takes-over) top executives, [eliminating](https://www.bloomberg.com/news/articles/2022-11-02/musk-plans-to-eliminate-half-of-twitter-jobs-in-cost-cut-drive) roughly half of its employees and [spooking](https://www.bloomberg.com/news/articles/2022-11-03/general-mills-audi-pfizer-pausing-twitter-ads-wsj-says) advertisers. [Twitter Inc.](/quote/TWTR:US) users voted for Elon Musk to step down from his role as head of the social platform in a [poll](https://twitter.com/elonmusk/status/1604617643973124097) the billionaire entrepreneur said he would respect, potentially leaving the company devoid of senior leadership.

Twitter users voted in a poll for Elon Musk to step down as chief executive of the social media platform, in a backlash against the billionaire less than ...

Mastodon is a social network that has been touted as a Twitter alternative. It would allow cross-content posting, Twitter support had said in the deleted tweet. Twitter did not immediately respond to a request for comment. "For someone who sets so much store by work ethic, Musk sure seems to spend a lot of time on social media. "By Musk's - and some analysts' assertions - drastic measures are needed if Twitter's business model is to remain viable. He had said that there is no successor yet.

We'll send you a myFT Daily Digest email rounding up the latest Twitter Inc news every morning. Twitter users have voted for Elon Musk to step down as the ...

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Tesla Inc. allegedly fired two California-based employees in violation of labor laws for being part of a wider group that was discussing and drafting ...

The other was fired a few days later and was told their employee discussions were “an attack” on Tesla, according to the Dec. One employee, who got a raise in May, was terminated in June. One draft letter asked Tesla executives to reconsider the strict return-to-office policy that Musk announced in late May.

Jason Calacanis volunteered himself and ran his own poll · CEO shifted executives around in the other companies he leads.

More than half of the 17.5 million respondents voted “yes” to Musk's Twitter question.

Musk said he never intended to be CEO of Tesla, and that he didn’t want to be chief executive of any other companies either, preferring to see himself as an engineer. Musk had to testify in Delaware’s Court of Chancery over a shareholder’s challenge to Musk’s potentially $55 billion compensation plan as CEO of the electric car company. [half of the workforce](https://apnews.com/article/elon-musk-twitter-inc-business-layoffs-c0334da78b3af9faf2f43cf3f6e52ffa), [axed contract content moderators](https://apnews.com/article/elon-musk-twitter-inc-technology-misinformation-social-media-a469130efaebc8ed029a647a149c5049#:~:text=Twitter's%20new%20owner%20Elon%20Musk,were%20out%20of%20a%20job.) and [disbanded a council](https://apnews.com/article/elon-musk-twitter-inc-technology-business-a9b795e8050de12319b82b5dd7118cd7) of trust and safety advisors. Musk also said he expected an organizational restructuring of Twitter to be completed in the next week or so. His Twitter account was promptly suspended, and then restored, as Musk reversed the policy implemented just hours earlier. “Again, the suspension occurred with no warning, process or explanation — this time as our reporter merely sought comment from Musk for a story,” Buzbee said. Twitter had announced that users will no longer be able to link to Facebook, Instagram, Mastodon and other platforms the company described as “prohibited.” He then took aim at journalists who were writing about the jet-tracking account, which can still be found on other social media sites, alleging that they were broadcasting “basically assassination coordinates.” Musk was questioned in court on Nov. Twitter gave no explanation for why the blacklist included some websites but not others such as Parler, TikTok or LinkedIn. The billionaire Tesla CEO Musk had attended the World Cup final Sunday in Qatar, where he opened the poll. After it closed 12 hours later, there was no immediate announcement from Twitter or Musk, who may be midflight on his way back to the U.S.

The billionaire's stewardship of the social platform has been marked by so much stress and chaos that he just might follow through and step aside.

Elon Musk's poll, asking whether he should stand down as the boss of Twitter, appeared hours after he was photographed at the World Cup final in Qatar. That photo tells us two things: firstly, Musk was standing beside Jared Kushner - the son-in-law of ...

Perhaps the future of this troubled firm lies not in the stars, but with feet firmly on solid ground. But perhaps he's now learning the hard way that social media, and the people who bring it to life, are not machines. Throw into that mix the unpredictability of Musk himself - and the ongoing risk that his next tweet could cause untold reputational damage and/or regulatory scrutiny. The finances are bleak according to Musk: he says Twitter is operating at a loss of $4m per day. After all, he put to the vote whether or not he should buy Twitter in the first place, when this entire circus began. It proves Musk was geographically in the vicinity of Saudi Arabia - home to Twitter's biggest investors.

The billionaire Tesla CEO Musk had attended the World Cup final Sunday in Qatar, where he opened the poll. After it closed 12 hours later, there was no ...

[half of the workforce](https://apnews.com/article/elon-musk-twitter-inc-business-layoffs-c0334da78b3af9faf2f43cf3f6e52ffa), [axed contract content moderators](https://apnews.com/article/elon-musk-twitter-inc-technology-misinformation-social-media-a469130efaebc8ed029a647a149c5049#:~:text=Twitter's%20new%20owner%20Elon%20Musk,were%20out%20of%20a%20job.) and [disbanded a council](https://apnews.com/article/elon-musk-twitter-inc-technology-business-a9b795e8050de12319b82b5dd7118cd7) of trust and safety advisors. “Again, the suspension occurred with no warning, process or explanation — this time as our reporter merely sought comment from Musk for a story,” Buzbee said. Musk has advocated for free speech on Twitter, but shut down the jet-tracking account, calling it a security risk. Musk was questioned in court on Nov. Twitter had announced that users will no longer be able to link to Facebook, Instagram, Mastodon and other platforms targeted for “prohibition.” Twitter no longer has a press office so it was not possible to ask why. Many of those accounts were restored following an online poll by Musk. Musk attended the World Cup final Sunday in Qatar, where he opened the poll. Shares of Tesla are down 35% since Musk took over Twitter on Oct. Tesla's market value was over $1.1 trillion on April 1, the last trading day before Musk disclosed he was buying up Twitter shares. He has [dropped enforcement of COVID-19 misinformation rules](https://apnews.com/article/twitter-ends-covid-misinformation-policy-cc232c9ce0f193c505bbc63bf57ecad6) and called for criminal charges against Dr. But by Monday afternoon there was no word on whether Musk would step aside or who the new leader might be.

Senator Elizabeth Warren is raising concerns about conflicts of interest and potential legal violations for Tesla following Elon Musk's takeover of Twitter.

Musk that appear not to be in the best interests of Tesla and its shareholders.” Musk is increasingly isolated as the steward of Twitter’s finances with his user management on the platform. “This use of Tesla employees raises obvious questions about whether Mr. “As the owner of Twitter, Mr. Musk/TSLA, particularly people ideologically aligned with climate change mitigation,” Rusch wrote. As part of his fiduciary duty to Tesla, Mr. Musk, who recently lost his status as the world’s richest person, has repeatedly unloaded Tesla shares in recent months, including [another $3.6 billion](https://www.cnn.com/2022/12/15/investing/elon-musk-tesla-stock-sale/index.html) worth earlier this month. “We believe Mr. Ross Gerber, a shareholder in both Twitter and Tesla, said over the weekend that he hopes Musk finds a CEO for Twitter during the first quarter of 2023. “Or, perhaps the opposite will occur. [(TSLA)](https://money.cnn.com/quote/quote.html?symb=TSLA&source=story_quote_link) Chair Robyn Denholm, the Massachusetts Democrat argued Tesla [(TSLA)](https://money.cnn.com/quote/quote.html?symb=TSLA&source=story_quote_link) shareholders may be hurt by its CEO’s ownership of Tesla [(TSLA)](https://money.cnn.com/quote/quote.html?symb=TSLA&source=story_quote_link) and questioned whether the electric car maker’s board is doing enough to address the issues it poses. [Musk disclosed](https://www.cnn.com/2022/04/04/investing/elon-musk-twitter-shares-stake/index.html) in early April that he had taken a major stake in Twitter, the Tesla’s shares have plunged by about 58%, a selloff that has erased nearly $800 billion of market value.

While not the greatest leader in the world myself, I do know that kids and employees want some consistency. They need to be comfortable in being around the boss ...

I just know that here is a leader who has to be very difficult to be around — and take directions from. It is unsettling to people and the culture of an organization when the leader is mercurial. Are they actually one and the same?

Twitter might not matter that much, but policymakers cannot ignore the implications of the CEO's behaviour.

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Qatar's real estate and tourism businesses aren't the only ones facing a day of reckoning as thousands of fans return home after the spectacular World Cup ...

The investors haven’t said anything yet, though Bloomberg’s Sarah Frier reports today how Musk’s ever-changing policies are [alienating regulators and free-speech advocates](https://www.bloomberg.com/news/articles/2022-12-19/musk-s-volatility-is-alienating-twitter-s-top-content-creators?srnd=premium-uk). [facing a day of reckoning](https://www.bloomberg.com/news/articles/2022-12-19/argentina-wins-world-cup-and-qatar-building-frenzy-reaches-its-day-of-reckoning?srnd=premium-uk) as thousands of fans return home after the spectacular World Cup finale last night. [the second largest investor](https://www.bloomberg.com/news/articles/2022-12-18/elon-musk-holds-poll-on-whether-he-should-step-down-at-twitter) in Twitter behind Musk, while the Qatar Investment Authority has poured $375 million in the social media platform.

The weekend brought more chaos at Twitter. Tesla closed at a two-year low. And Musk, who spent Sunday palling around with Jared Kushner in Qatar, ...

[to question](https://www.cnbc.com/2022/12/18/twitter-says-it-will-no-longer-allow-free-promotion-of-other-social-media-platforms.html) the move. Other journalists recently suspended from Twitter [include](https://www.thedailybeast.com/elon-musk-suspends-insiders-linette-lopez-another-reporter-who-pissed-him-off) Business Insider’s Linette Lopez, a reporter known for enterprising investigations into Musk’s empire, [and](https://nypost.com/2022/12/19/elon-musk-briefly-suspends-taylor-lorenzs-twitter-account/) The Washington Post’s Taylor Lorenz, a tech writer who has frequently [questioned](https://www.washingtonpost.com/technology/2022/11/24/twitter-musk-reverses-suspensions/) Musk’s changes to Twitter. (Lorenz’s account has since been reinstated.) Last week Twitter [also suspended](https://www.vanityfair.com/news/2022/12/elon-musk-assassinated-censors-twitter) multiple high-profile journalists for merely reporting on the @ElonJet debacle. My apologies,” [tweeted](https://twitter.com/elonmusk/status/1604616863673208832) Musk following the policy’s reversal. Mastodon, a small Twitter competitor that has seen [steady growth](https://absolutelymaybe.plos.org/2022/12/05/mastodon-growth-numbers-might-not-mean-what-you-think-they-mean/) since Musk’s Twitter takeover, appears to have been the main target of this tack, which was announced via tweets—which were later deleted. “This has been a black eye moment for Musk and been a major overhang on Tesla’s stock which continues to suffer in a brutal way since the Twitter soap opera began with brand deterioration related to Musk,” [wrote](https://www.newsweek.com/elon-musk-poised-step-down-twitter-ceo-public-rejects-him-1768096) Wedbush Securities analyst Daniel Ives in a note to clients Monday. “There is no successor.” In another, Musk [wrote](https://twitter.com/elonmusk/status/1604621101245419520) that the “question is not finding a CEO, the question is finding a CEO who can keep Twitter alive.” And after podcaster Lex Fridman, who has hosted Musk, offered to take the reins at Twitter, Musk [replied](https://twitter.com/elonmusk/status/1604626103326253056) by alluding to the “pain” the platform has caused him. (“Other” won a plurality of the vote.) [angered](https://www.cnbc.com/2022/12/19/elon-musk-in-twitter-poll-asks-if-he-should-step-down-as-twitter-ceo.html) by his obsession with a social media side project. [second-richest](https://www.foxbusiness.com/markets/elon-musk-no-longer-worlds-richest-person) man suspend a number of journalists from Twitter, [feud with](https://www.foxnews.com/media/elon-musk-clashes-with-twitter-files-journo-bari-weiss-after-she-criticizes-journalist-suspensions) ally Bari Weiss, and ban links to Twitter’s social media competitors—an ill-advised policy that was later seemingly retracted—Elon Musk spent part of his Sunday watching the World Cup final in Qatar with Jared Kushner. [billions in Tesla shares](https://www.thestreet.com/technology/tesla-falls-victim-to-elon-musks-takeover-of-twitter), startling top investors in the EV company. Musk has yet to comment on the results, and there are no clear signs that he is stepping down in the near future.

After being spotted relaxed at the World Cup with Jared Kushner, the Tesla CEO lost an online poll on whether he should stay on as Twitter boss.

Whoever replaces Musk will have to deal with the same problems. The big question, though, is whether Twitter can be saved by a competent administrator like Shotwell – or if it’s too tied up in US culture wars to be quietly and soundly managed. Nasa administrator Bill Nelson told reporters last week that he asked Shotwell if Twitter would be a “distraction”, and she said it wouldn’t. She joined in 2002, the same year Musk founded the company, and her job is still about carrying out his vision. He then suspended the accounts of some prominent journalists who reported on the furore, then banned any promotion of “third-party platforms”, after users began discussing where they would go when they left Twitter. But the damage appears to have been done.

A total of 57.5% of more than 17 million accounts voted for Musk to step down in a poll he posted to his account.

The Twitter C.E.O. wrested the titled from Donald J. Trump, who had won the honor every year from 2016 to 2021.

The Time editors’ decision drew no immediate response from Musk, who was preoccupied with a Twitter poll asking his followers what he should have for lunch. In bestowing the title on Musk, Time cited the Twitter C.E.O.’s “nonstop but fruitless efforts to fill the yawning chasm of his soul by seeking the attention of indifferent strangers.” Most impressive, he wrested the title from Donald J.

The billionaire says only paid Twitter Blue subscribers will be able to vote in future policy-related polls on the platform.

That led in turn to an exodus of some engaged users to other social networks, chiefly its decentralised competitor Mastodon, whose own account was banned for posting a link to the jet tracker’s account on the rival platform. His silence was finally broken when he responded with “Interesting” to multiple suggestions that the results of the poll were skewed by fake accounts. [told a Delaware judge](https://www.theguardian.com/technology/2022/nov/16/musk-twitter-reduce-time-handover) that he planned to reduce his time at Twitter and “find somebody else to run Twitter over time”. [after one poll in 2021](https://twitter.com/elonmusk/status/1457064697782489088?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1457066048944066565%7Ctwgr%5Ee47a790e3036bafe3c438bea0d85984c8812eba8%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fwww.cnbc.com%2F2021%2F11%2F06%2Felon-musk-is-using-a-twitter-poll-to-decide-the-future-of-his-tesla-stock.html), restoring Donald Trump’s account [after a second last month](https://twitter.com/elonmusk/status/1593767953706921985) and reinstating a number of suspended accounts [after a third](https://twitter.com/elonmusk/status/1595473875847942146). That ban was rescinded by the end of the day, after a Twitter poll from the Twitter Safety account, with A decision to ban an account that tracked the location of his private jet last week was followed by

Nearly half of Twitter's workforce was laid off as the company completely restructured its revenue model. Musk's intentions included speeding up Twitter, ...

Musk himself Tweeted, “There is no successor”, in response to a Tweet that suggested Twitter already had a new CEO lined up to succeed Musk as the head of Twitter. Well, the very next poll that Musk held was asking users whether the new CEO should step down as the head of Twitter. Meanwhile, the changes brought to Twitter may end up costing the platform $4 billion, as per