Musk may step down as Twitter CEO following online poll

by mcardinal

Vicky Arias, FISM News

 

On Sunday, a majority of Twitter users voted in favor of Elon Musk stepping down as the company’s CEO, after Musk posted a poll asking users if he should leave his role as the head of Twitter, declaring that he would comply with the outcome.

“Should I step down as head of Twitter?” Musk asked on the social media platform. “I will abide by the results of [the] poll,” he stated.

Over 17.5 million users responded to the poll, with 57.5 percent voting for the billionaire to step down. 

The vote comes after months of upheaval at Twitter following the tech giant’s $44 billion acquisition of the platform.

Most recently, Musk received widespread backlash for attempting to install a policy over the weekend that would suspend Twitter accounts that promote other social media platforms. The billionaire stated that “free advertising of competitors” shouldn’t be allowed on Twitter.

“Twitter should be easy to use, but no more relentless free advertising of competitors,” Musk posted in a series of tweets on Sunday. “No traditional publisher allows this and neither will Twitter…Casually sharing occasional links is fine, but no more relentless advertising of competitors for free, which is absurd in the extreme,” Musk continued.

After many users expressed frustration with the new policy, Musk relented, changing the policy to only suspend accounts that exclusively promote other social media platforms.

Musk is a self-described “free speech absolutist” who claims to want Twitter to be the new “digital town square” of the people.

After his takeover, Musk fired half of the company’s workforce, reinstated several high-profile accounts, including former president Donald Trump, Jordan Peterson, and the Babylon Bee, and loosened content restrictions.

The pull for and against Musk’s new policies has been polarized, with some fearing a rise in hate speech on the platform, while others are praising the new direction of the company.

Additionally, investors in Tesla have expressed concern that the Twitter CEO may be shirking his responsibilities as the CEO of the automotive company he founded by focusing too much of his attention on social media.

“If [Musk] does decide to step down, that could inject Tesla shares with a temporary shot of optimism, amid hopes he might finally pay the carmaker the attention it needs,” investment analyst Susannah Streeter said, according to Reuters.

Musk has yet to comment directly on the outcome of the poll but did respond to a Twitter user on Sunday regarding who would take his place.

“No one wants the job who can actually keep Twitter alive,” Musk stated. “There is no successor.” 

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