Elon Musk announced on Tuesday that he will leave his position as Twitter’s CEO once a successor has been found. “As soon as I find someone naive enough to accept the position of CEO, I will step down from it! I will then only be in charge of the software and server teams “Musk tweeted something. After receiving a resounding majority of votes from Twitter users in a poll that the billionaire started on Sunday night calling on him to resign, Musk has now publicly mentioned leaving his position as the social media platform’s CEO for the first time.
Wall Street has been calling on Musk to leave for weeks, and more lately even Tesla Inc bulls have questioned if his attention to social media is detracting from properly leading the electric vehicle industry, where he is instrumental in product design and engineering.
Musk acknowledged he had too much on his plate and declared he would look for a new CEO of Twitter. But he claimed on Sunday that there was no one in place to take his place and that “no one wants the position who can truly keep Twitter alive.”