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Home » Musk Seeks Twitterati’s Referendum to Continue as Twitter CEO

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Musk Seeks Twitterati’s Referendum to Continue as Twitter CEO

TheNewsFacts
Last updated: December 19, 2022 4:46 pm
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Musk Seeks Twitterati's Referendum to Continue as Twitter CEO
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Elon Musk, the head of Twitter on October 28, made a surprise tweet – urging the users of the social media platform to vote on whether or not he should step down as the company’s CEO.

The microblogging site is facing turbulent times for the microblogging, which included the controversial blue tick subscription since his takeover in October, Musk on Sunday vowed to uphold the verdict.

“Should I step down as head of Twitter? I will abide by the results of this poll,” Musk said in the tweet, posted to his own account.

Musk, who has said his vision is to make the platform a platform of free speech, appeared to acknowledge some concerns about the recent, abrupt content policy changes.

“Going forward, there will be a vote for major policy changes. My apologies. Won’t happen again,” Elon Musk tweeted shortly before posting the poll about his leadership on Sunday.

Musk on Twitter seeks public opinion on his leadership

He also presented users with two options for a response: ‘Yes’ or ‘No. Musk added, “As the saying goes, be careful what you wish, as you might get it.”

A “bloodbath” in which half of the Twitter staff were fired over a short period of time marked Elon turbulent transition from Tesla CEO to Twitter CEO.

Musk
Musk runs a vote campaign on Twitter to stay as Twitter Chief

Elon bought the social network after completing a $44 billion transaction in October. His takeover has been dogged by controversy as a result of advertisers pausing expenditure, widespread layoffs and resignations, and abrupt and divisive content-moderation moves by many users.

He received criticism for some of his actions, including restoring Donald Trump’s account and dissolving Twitter’s Trust and Safety Council.

Another one of many twists and turns occurred this past week. Before Elon announced on Saturday that Twitter will start restoring the accounts, various politicians and authorities had criticised Twitter after it suspended the accounts of several journalists.

On Sunday, Elon said it would no longer allow “free promotion of certain social media platforms.” That also fueled criticism and questions, including from Twitter co-founder and former chief executive Jack Dorsey, who has previously endorsed Musk’s takeover. “Doesn’t make sense,” Dorsey tweeted on Sunday.

Twitter’s financial situation has gotten worse in the meanwhile. This past month, the Twitter CEO said that the business had experienced “a significant reduction in income” and was losing more than $4 million every single day. Later, he brought up the prospect of bankruptcy.

TAGGED: Elon Musk News, Musk, Musk asks for Vote, Twitter CEO, Twitter Votes
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