Elon Musk said Tuesday that he plans on remaining as Twitters CEO until he can find someone willing to replace him in the job.

Musks announcement came after millions of Twitter users asked him to step down in an unscientific poll the billionaire himself created and promised to abide by.

I will resign as CEO as soon as I find someone foolish enough to take the job! Musk tweeted. After that, I will just run the software & servers teams.

Since taking over San Francisco-based Twitter in late October, Musks run as CEO has been marked by quickly issued rules and policies that have often been withdrawn or changed soon after being made public.

He has also alienated some investors in his electric vehicle company Tesla who are concerned that Twitter is taking too much of his attention.

Some of Musks actions have unnerved Twitter advertisers and turned off users. They include laying off half of Twitters workforceletting go contract content moderators and disbanding a council of trust and safety advisors that the company formed in 2016 to address hate speech, child exploitation, suicide, self-harm and other problems on the platform.

Musk, who also helms the SpaceX rocket company, has previously acknowledged how difficult it will be to find someone to take over as Twitter CEO.

Bantering with Twitter followers last Sunday, he said that the person replacing him must like pain a lot to run a company that he said has been in the fast lane to bankruptcy.

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

As things stand, Musk would still retain overwhelming influence over platform as its owner. He fired the companys board of directors soon after taking control.

Our new weekly Impact Report newsletter examines how ESG news and trends are shaping the roles and responsibilities of todays executives. Subscribe here.


Newspapers

Spinning loader

Business

Entertainment

POST GALLERY