Twitter users voted for Elon Musk to step down from his role as head of the social platform in a poll the billionaire entrepreneur said he would respect, potentially leaving the company devoid of senior leadership.
A total of 57.5% voted “yes” after Mr Elon Musk asked Twitter’s 122 million followers whether he should stand down. Mr Musk, who bought Twitter for $44bn, said before the poll closed that he would abide by the result.
The technology tycoon, who also runs Space X and Tesla, has faced a lot of criticism since taking over the site. Even if Mr Musk decides to resign as chief executive, he would remain as Twitter’s owner.
More than 17.5 million users voted in his poll on Monday, with 42.5% voting no to Mr Musk stepping down. In the past Mr Musk has obeyed Twitter polls. He’s fond of quoting the phrase “vox populi, vox dei”, a Latin phrase which roughly means “the voice of the people is the voice of God”.
A former Twitter member of staff, who left the company recently, told the BBC that Mr Musk was “showing himself to be the incompetent fool we all knew he was”.
“I imagine he’s getting pressure from investors to step down and is using this poll to make it look like he’s following the will of the people instead of the will of those paying his bills.”
Shortly before the poll closed, the founder of crypto exchange Binance replied to Mr Musk saying he should “stay the course” and not step down.
Musk originally agreed to acquire Twitter in April but then spent months trying unsuccessfully to get out of the deal. After taking the top role, he indicated that he’d only be in charge of Twitter for a short time in order to complete the organizational overhaul he thought it was necessary to prosper, and complained of having “too much work” and sleeping at Twitter’s San Francisco office while enforcing his radical changes.
Tesla shares gained 4.8% in US premarket trading on Monday. Shares in the carmaker have slumped 57% this year amid concerns the chaotic takeover of Twitter has distracted Musk from the firm that propelled him to the richest person in the world — a title he lost last week to luxury titan Bernard Arnault.
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