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Poll reveals 58% want Musk to resignation as CEO of Twitter

poll demand Elon Musk's resignation as CEO of Twitter.

58% of participants to a poll demand Elon Musk’s resignation as CEO of Twitter.

  • In a shocking turn of events, Elon Musk, the company’s owner, polled Twitter users on Monday and found that 58% of them wanted him to step down as the platform’s CEO because of a number of problems, including the banning of journalists and other social media platforms and the plummeting value of Tesla.

Poll

  • Only 43% of his followers want him to be the CEO of Twitter, which has caused him a variety of issues.
  • Musk conducted a poll asking users if they thought he should step down as Twitter’s CEO and promised to follow the results.
  • He said that he does not want to continue serving as CEO of Twitter, which he acquired in October, during testimony at a trial in the US where he was defending his contentious pay remuneration package at Tesla.
  • Musk also hopes to attract additional Twitter investors at the original $54.20 per share price, which was the price at which he paid $44 billion for the firm.
  • Musk has sold shares of Tesla for more than $39 billion since November 2021.
  • The share sale occurs as Tesla investors voice reservations over Musk’s $44 billion acquisition of Twitter, claiming that his continuous involvement with the microblogging service is “detrimental to Tesla.”
  • Since January of this year, Tesla stock has fallen by over 60%. Industry analysts believe that “the “the fresh stock sale is CEO of Twitter Musk’s answer to some of high interest debt he’s paying on his $44 billion Twitter deal”.

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