Elon Musk may be close to ending his career as CEO of Twitter.
After randomly setting a link ban that put your site at odds with both the washington postTaylor Lorenz and his own supporters such as Silicon Valley venture capitalist Paul Graham, Elon Musk’s outburst of doxing, banning, and restraint ended, unsurprisingly, with an apology and a promise that “it won’t happen again.”
His $44 billion acquisition of the company, which he desperately and unsuccessfully tried to get out of, began with a poll, and it would be fitting and timely if his time as CEO ended the same way.
Even before Musk owned the company, there were reports that he planned to operate as CEO of Twitter only temporarily, and just a month ago, he said under oath that he planned to find someone else to run the company. In follow-up tweets, Musk claimed that the company “has been in the fast lane toward bankruptcy since May” (not the first time he’s used the b-word in reference to Twitter, he mentioned it at a company meeting last month). ) Y said“The question is not finding a CEO, the question is finding a CEO who can keep Twitter alive.”
Now, with his decision-making coming under fire from the very people who had been his supporters and his handpicked #TwitterFiles journalist. ghosting their pleas for a public response, Musk may be ready to put his expensive toy in someone else’s hands for a while.
Not mentioned in his tweets, but looming large throughout this week’s episode, is the fact that Tesla’s stock price has fallen to a 52-week low of around $150 a share, down nearly 50 percent. than a year ago Musk recently fell to number two on Forbes’ list of the world’s richest people.
Reuters reports that Tesla’s third-largest individual investor and self-proclaimed Musk fan KoGuan Leo tweeted earlier this week that “Elon left Tesla and Tesla has no acting CEO.” Early this morning, Leo tweeted againsaying: “I wish Elon quickly find a new CEO of Twitter.”
Musk has (mostly) acted on poll results posted to his own Twitter account during his time as owner of the company, but Musk’s Rules may be fluid. The also promised previously stated that “No major decisions about content or account reinstatement would be made” without convening a content moderation council, then retroactively stated that it no longer applied due to “deal-breaking” activist groups.
Meanwhile, the status of Twitter’s new policies remains unclear: Lorenz is not banned and Musk said Paul Graham’s account will also be restored, while also claiming the linking policy “will fall under account suspension only when the primary purpose of that account is the promotion of competitors, which essentially falls under the no spam rule.”