Elon Musk is preparing to step down as head of Twitter. If the billionaire intends to remain CEO of the social network, he now says he is looking for a replacement at the helm of the company. A statement that comes after many concerns from Tesla shareholders, who no longer see the businessman taking care of the automaker.
Elon Musk would he be tired of his new toy? This Wednesday, November 16, the billionaire announced that he would soon pass less time running Twitter business. After two weeks of total chaos on the social network, caused by decisions all more incomprehensible than each other, its new CEO is now looking a new leader to take over. The company’s new organization chart should be revealed by the end of the week.
Subsequently, however, Elon Musk clarified on Twitter that he will remain at the head of the company until it finds a bit of stabilitywhich according to him could “take some time”. The question of his successor then arises. Those who hoped to see a return of Jack Dorsey at the helm will be disappointed: the former CEO of Twitter quickly replied that he did not intend to return to the company he founded. For now, the mystery remains.
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Who will replace Elon Musk at the head of Twitter?
This sudden announced withdrawal of Elon Musk is not due to chance. Indeed, in recent days, Tesla investors have increasingly voiced concerns about the absence of their champion at the reins of the car manufacturer, since its acquisition of Twitter. “There is first a peak of activity necessary after the acquisition to reorganize the company”justified the person concerned.
Anyway, whoever succeeds Elon Musk will have work to be done. In addition to the now Dantesque mission to put the social network back on its feet, it will also have to deal with employees washed out by several days of threats and intensive work. Not to mention the risk of bankruptcy which now hangs over the firm.
Source : Reuters
