Twitter Users Vote Elon Musk Out As CEO; Will He Step Down?
Twitter may be looking for a new CEO, as over 17 million users voted for Elon Musk to step down as the social media giant's top executive.
Musk on Sunday posted: "Should I step down as head of Twitter?" He promised to abide by the results of the poll. He allowed the unscientific method to play out for 12 hours until the final results indicated that users had voted in the affirmative.
Musk's Twitter reign has been controversial, spanning from mass layoffs to seemingly whimsical policy decisions that are abruptly put into place and only to be altered or removed.
Users participating in the poll overwhelming voted to dump Musk.
As Musk was attending Sunday's World Cup final in Qatar, Twitter announced its latest policy decision. Twitter users will no longer be able to link to Facebook, Instagram, Mastodon and other rival platforms the company described as "prohibited."
The change was immediately met with backlash. Many criticized Musk for reneging on his commitment to promoting free speech on the platform.
Last week Musk permanently banned several bot-run accounts developed to publish the location of celebrities' private jet travels, including Musk's. Twitter later released a policy banning users from sharing people's live locations, citing security threats.
Musk also banned several reporters who were covering the location-tracking story, prompting responses from the New York Times, CNN, and the Washington Post. Musk later reinstated most of the reporters, after running yet another poll.
Musk has not tweeted since the poll was finalized but seemed to welcome a potential departure in his tweets following the posting of the poll.
"As the saying goes, be careful what you wish, as you might get it," Musk wrote.
Following his $44 billion October acquisition of Twitter, Musk has faced some financial turbulence. He has sold billions of dollars in Tesla stock, possibly to finance his Twitter purchase.
Musk also recently lost his position atop the world's richest person list and Tesla's stock price has plummeted 11% over the last month.
If Musk steps down, Twitter's new CEO could be appointed from the current ranks of the company. Jason Calacanis, an investor and friend of Musk's, posted a poll asking users to choose who they want to run Twitter.
Out of four options, including Calacanis and Musk associate David Sacks running the company as co-CEOs, the prevailing sentiment for voters was "other."
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