Twitter users voted in a poll for Elon Musk to step down as chief executive of the social media platform, in a backlash against the billionaire less than two months after he took over
About 57.5% votes were for "Yes", while 42.5% were against the idea of Musk stepping down as the head of Twitter, according to the poll the billionaire launched on Sunday evening. Over 17.5 million people took part in the vote.Musk said on Sunday he will abide by the results of the poll, but did not give details on when he would step down if results said he should.
Tesla shares have already lost nearly 60% of their value this year, as, like other carmakers, it battles supply chain issues and increasing competition in the EV space."It appears Musk's reign as CEO of Twitter will come to an end and thus be a major positive for Tesla's stock, starting to slowly remove this albatross from the story," Wedbush analyst Dan Ives said in a note.
Replying to one Twitter user's comment on a possible change in CEO, Musk said on Sunday "There is no successor".
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