On Sunday night, the CEO of Twitter, Elon Musk, put up a poll that may result in him stepping down as CEO. The results ended Sunday morning with 57.5% of the votes saying he should step down, with 42.5% saying he should stay. Before the results were determined, Elon Musk said he would abide by the poll results, whether that’s stepping down or not.
Before Elon Musk took over as CEO of Twitter, there were reports that this was only a temporary takeover. Short of a month ago, he was caught saying that he was on the hunt for someone to take over his role. In the tweet following, Musk mentioned that the company “has been in the fast lane to bankruptcy since May.” He detailed, “The question is not finding a CEO; the question is finding a CEO who can keep Twitter alive.”
Many fans on Twitter urged Musk not to step down. One exclaimed, “If Elon Musk steps down from Twitter, I will close my account. He’s why I opened it in the first place.” Another user said, “The crowd chose to crucify Jesus too; remember that Elon Musk. The crowd is not always right. Leader LEAD, they don’t bow!”
A month ago, Musk mentioned in court that he no longer wanted to be the CEO of Twitter. He says, “I expect to reduce my time at Twitter and find somebody else to run Twitter over time.”
Many believe that Elon Musk put up the recent poll of his step down because Tesla’s stock price dropped to a 52-week low. It has reached $150 per share, down almost half from last year. In the most current Forbes ranking of the world’s richest people, Musk moved to number two. Tesla has increased by about 5% in pre-market trade due to the poll.
Some Twitter users have complained that they didn’t see the poll in time to put in their votes. Some users are also suspicious that most voters were bots. A user exclaimed, “This poll is not fair, I didn’t even see it till the last day because this time of the year like me, most people are busy getting ready for the holidays and haven’t been able to even log in, and probably most of the votes on this poll re from made up Dem accounts.”
Musk is in Line
Until now, Elon Musk has kept to his word and the result of his various polls on Twitter. Previously Musk promised that “No major content decisions or account reinstatement” would occur without a monitoring council. They later decided that the conditions had changed because activist organizations had “broken the deal.”
A report published by Reuters mentioned that Tesla’s third-biggest individual investor and Musk fanboy KoGuan had tweeted. “Elon abandoned Tesla, and Tesla has no working CEO.” Following this tweet, Leo said, “I wish Elon quickly finds new CEO of Twitter.”
The status of Twitter’s new policies are up in the air. Musk has also claimed that the link policy “will be adjusted to suspending accounts only when that account’s primary purpose is promotion of competitors, which essentially falls under the no spam rule.”