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Elon Musk latest news: Twitter CEO quiet after users vote to oust him

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Musk polls twitter users on whether he should step down

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Elon Musk has been quiet on Monday after losing a web based poll during which he asked users if he should step down as CEO of Twitter and told them he would “abide by the outcomes”.

On Sunday night, Mr Musk tweeted the poll and asked users: “Should I step down as head of Twitter? I’ll abide by the outcomes of this poll.”

The poll attracted greater than 17 million voters in only 12 hours, with 57.5 per cent voting ‘Yes’.

It comes after a difficult start of Mr Musk’s leadership of the platform, with the newest uproar coming over a policy that barred users from linking to certain rival social media web sites, including Facebook, Instagram and Mastodon. Twitter then reversed the policy inside hours, with Mr Musk tweeting that it was being “adjusted” to only suspending accounts “when that account’s *primary* purpose is promotion of competitors”.

“Going forward, there might be a vote for major policy changes. My apologies. Won’t occur again,” he added.

Mr Musk has also been strongly criticised for policies which have led to a considerable rise in hate speech on the platform since he took control.

Key Points

  • Musk launches Twitter poll to make your mind up if he should step down as CEO
  • Musk reverses policy barring linking rival social media platforms
  • All but one suspended journalist Twitter accounts restored
  • Barred from Twitter, journalist calls Musk ‘completely hypocritical’
  • Musk was warned of EU sanctions for banning journalists

Show latest update

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Ms Musk defends her son

Not everyone seems to be criticising Elon Musk today. The billionaire has loads of supporters, and one of the crucial distinguished is his mother.

Maye Musk, a dietician and model originally from Canada, has sent out a raft of tweets defending her son’s management of Twitter in recent days and promoting Mr Musk’s other firms like Tesla and SpaceX.

She appeared to particularly support Mr Musk’s short-lived ban on the promotion of competitor sites on Twitter, which Mr Musk quickly walked back after widespread criticism.

Abe Asher20 December 2022 01:30

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Musk suggests that only Twitter subscribers will give you the option to vote in polls

A day after Twitter users overwhelmingly voted to oust him, Elon Musk is now suggesting that only paid subscribers to his Twitter Blue service will give you the option to vote in polls.

Mr Musk replied to a tweet from @Unfilteredboss1, who wrote that “Blue subscribers ought to be the one ones that may vote in policy related polls. We even have skin in the sport”.

That tweet got here in a thread that began with a response to the poll from a distinct user who wrote, “I’m hoping that Elon did this poll as a honeypot to catch all of the deep state bots. The dataset for this poll will contain most of them. Some good data-mining and he could kill them multi functional go”.

“Interesting, Mr Musk replied.

It is just not immediately clear whether Mr Musk will relaunch the poll concerning his future leadership of Twitter and confine it only to paid subscribers, or whether which means he doesn’t plan to “abide by the outcomes” of the initial poll as he said he would.

Abe Asher20 December 2022 00:36

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Musk has hinted at stepping back from Twitter before

To some observers, Mr Musk’s Twitter poll didn’t come out of nowhere.

Last month, Mr Musk testifed in Delaware as a part of a suit regarding a $56bn pay package Tesla gave awarded him in 2018 that he expects to eventually step back from Twitter and re-commit much of his time to other firms and ventures.

“There’s an initial burst of activity needed post-acquisition to reorganize the corporate,” Mr Musk said. “But then I expect to cut back my time at Twitter.”

Mr Musk has been a hands-on manager at Tesla, but hands-off at a variety of his other firms. He’s never run a social media company before, and his first seven-plus weeks on the job have resulted in advertisers fleeing the platform and investors in other firms like Tesla growing nervous about his activities.

Abe Asher20 December 2022 00:16

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Musk stays quiet as his World Cup Final trip draws scrutiny

Elon Musk still has not addressed the outcomes of a poll during which a big majority of the greater than 17m respondents voted to remove him from his role running Twitter, meanwhile, a variety of observers are scrutinising the corporate he was keeping on the Lusail Stadium on Sunday.

Mr Musk was in Qatar for the thrilling World Cup Final between Argentina and France, where he was spotted watching the match with former President Donald Trump’s son-in-law Jared Kushner and shaking hands with Turkish President Recep Erdoğan.

Mr Musk also took a photograph with the Russian television presenter Nailya Asker-Zade, who has been sanctioned by the Canadian and UK governments in reference to the continued war in Ukraine. The UK government believes that Ms Asker-Zade could also be in a relationship with banking oligarch Andrei Kostin.

Lately — and particularly in recent weeks — Mr Musk has espoused increasingly right wing views on political and culture issues.

Abe Asher19 December 2022 22:38

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Telsa downgraded on Wall Street over concerns about Musk’s Twitter management

Mr Musk’s management of Twitter is increasingly affecting his other firms.

On Monday afternoon, Oppenheimer & Co. downgraded its Tesla rating over concerns about Mr Musk’s handling of Twitter and the precarious financial position it might leave him in.

“We consider Mr. Musk is increasingly isolated because the steward of Twitter’s funds together with his user management on the platform. We see potential for a negative feedback loop from departure of Twitter advertisers and users,” Oppenheimer’s Colin Rusch wrote to clients in a message reported by CNN.

Mr Musk took on a big amount of debt to finish his purchase of the social media platform, and major advertisers have fled the positioning since his takeover. That, together with the considerable damage to Mr Musk’s fame, may in turn harm Tesla.

Tesla shares have fallen significantly since Mr Musk bought Twitter. Mr Musk has not yet said whether he’ll step away from the social media site after a majority of respondents to a Twitter poll voted to oust him yesterday.

Abe Asher19 December 2022 22:01

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Musk quiet after landslide defeat in Twitter poll

Elon Musk still has not addressed the outcomes of a poll during which a big majority of the greater than 17m respondants voted to remove him as head of Twitter.

Mr Musk promised to “abide by the outcomes” of the poll asking “Should I step down as head of Twitter?” but he’s tweeted just twice today in its aftermath — retweeting a Michael Shellenberger tweet concerning the so-called Twitter Files and a SpaceX tweet concerning the satallite web service Starlink.

Mr Musk has not said anything publicly about whether he’ll follow through on his promise and take away himself from operating the social media platform he bought lower than two months ago.

Abe Asher19 December 2022 21:23

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Elizabeth Warren wants answers from Telsa about Musk’s management

Sen Elizabeth Warren of Massachusetts has written to the chair of the board at Tesla requesting answers on how the board is overseeing Mr Musk’s leadership of the corporate after his Twitter takeover.

Ms Warren, a progressive who has clashed with Mr Musk previously, raised questions on Tesla’s handling of Mr Musk’s “conflicts of interest, misappropriation of corporate assets, and other actions by Mr. Musk that appear to not be in the most effective interests of Tesla and its shareholders.”

Tesla stock has plummeted since Mr Musk bought Twitter, while Mr Musk has reportedly asked Tesla employees to assist him restructure the social media company’s corporate structure.

In her letter to Robyn Denholm, Ms Warren wrote that she is anxious Tesla’s board “has failed to satisfy its legal duty” to make sure that Mr Musk is acting in the most effective interests of the publicly-traded company. She is requesting a response by January 3.

Abe Asher19 December 2022 20:29

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Twitter CEO approval down 70% on Glassdoor

It’s not only Twitter users that disapprove with Elon Musk apparently – employees are also unimpressed with the tech billionaire, based on the newest figures from company review site Glassdoor.

CEO approval amongst Twitter employees is just 21 per cent, having been at 90.5 per cent at the beginning of the 12 months.

The corporate’s overall rating has also dropped from 4.2 out of 5 in January 2022 to three.6 out of 5 today.

( )

Anthony Cuthbertson19 December 2022 16:10

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‘Platform’s problems won’t disappear overnight’

Was Elon Musk’s poll a pretext for something else? What does it realistically mean for Twitter and its owner?

We’ve heard from Stuart Skinner, group managing director at digital agency The PHA Group, who has offered his evaluation on the move:

You’d think followers of Musk on Twitter can be more favourable towards him than most but even they’ve voted in favour of him standing down.

Perhaps they’ve seen this pseudo democratic exercise for what it’s: a convenient way of giving investors, shareholders and employees of Twitter what they need, and at the identical time preserving the Chief Twit’s ego.

Whether he’ll follow through on the promise, time will tell. Twitter polls are hardly binding but given he’s still its owner, the platform’s problems won’t disappear overnight anyway.

An even bigger strategy reset under recent leadership is required and, within the meantime, perhaps probably the most telling aspect of this farce is the apparent manipulation of Twitter and its users to succeed in a vital business decision.

Stuart Skinner, PHA Group

Anthony Cuthbertson19 December 2022 14:47

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Elon Musk trending on Twitter

Elon Musk is currently trending on Twitter, based on global trends. Other terms like ‘Twitter CEO’ are also popular, as people speculate who might take over from the tech billionaire.

Quite a lot of the tweets pushing the Twitter owner’s name to the highest of trends are fairly critical of Musk, though some are at the very least attempting to take the positives from the poll.

“If Elon Musk steps down today, he’ll have been in command of Twitter 4 days longer than Liz Truss was officially in office as Prime Minister,” tweeted journalist Nick Stylianou.

Anthony Cuthbertson19 December 2022 14:03

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