Musk polls twitter users on whether he should step down
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Billionaire Elon Musk tweeted for the primary time since losing an internet poll through which he asked users if he should step down as CEO of Twitter and told them he would “abide by the outcomes”.
The poll attracted greater than 17 million voters in only 12 hours, with 57.5 per cent voting “Yes”.
The Tesla chief last night responded “interesting” to a suggestion from Kim Dotcom, founding father of the once popular file-sharing website Megaupload, that the outcomes of the poll were skewed by fake accounts.
One other user suggested that “Blue subscribers ought to be the one ones that may vote in policy-related polls”. Mr Musk responded by saying: “Good point. Twitter will make that change.” Twitter Blue is a paid subscription that permits users to purchase a verification badge for his or her accounts.
His poll comes at he heels of the most recent 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. “Going forward, there can be a vote for major policy changes. My apologies. Won’t occur again,” he added.
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Elon Musk’s security team allegedly hit motorist during ‘crazy stalker’ incident
South Pasadena police department has confirmed it’s investigating 13 December incident that Tesla billionaire tweeted about.
Graeme Massie20 December 2022 23:34
Twitter investor expects to make five times its a refund
One in all the most important investors to hitch Elon Musk’s $44bn purchase of Twitter says it expects to make as much as five times its a refund.
Aliya Capital Partners LLC, which invested $360m alongside the Tesla billionaire says it’s confident he’ll have the opportunity to monetise the platform’s 229 million day by day users which have “historically been under-monetized.”
“We imagine Twitter will produce a return of 4-5x in only a number of years, with comparably limited downside risk,” Aliya Chief Executive Ross Kestin said in an announcement.
Graeme Massie20 December 2022 22:56
Elon Musk and Adam Schiff spar on twitter again
The billionaire asked the lawmaker from California if he had approved “hidden state censorship in direct violation of the Structure of the USA.”
Mr Schiff was quick to show the tables on Twitter’s owner.
“I don’t support censorship. Or hate speech. Because the (outgoing) CEO of Twitter, how about you? Why not do more to stop slurs against Black people, LGBTQ+ people, Jewish people, and others? Do you commit to providing the general public with actual answers and data, not only tweets?” he wrote.
Graeme Massie20 December 2022 19:47
Tesla share price continues 2022 fall
The value of Tesla shares fell an extra 6 per cent on Tuesday after a string of brokerages cut their price targets for the electrical vehicle-makers stock.
This got here within the wake of Elon Musk’s $44bn purchase of Twitter and the chaos that has happened on the social media platform ever since.
Tesla’s share price hit $140.86 on Tuesday, a greater than two-year low, reported Reuters.
Graeme Massie20 December 2022 19:18
Are Elon Musk’s Twitter antics damaging Tesla?
Tesla investors are reportedly fuming over what they see as a significant distraction for Musk. The electrical automotive maker is currently experiencing the most important stock sell-off since going public 12 years ago (see chart below), and the CEO’s antics on Twitter are seen as a major consider this $600 billion slide.
We’ve heard from Antoine Argouges the founding father of ethical investment group Tulipshare:
Elon Musk’s decision to call on Twitter users to vote on whether he should remain the CEO is the most recent in a string of controversial decisions that’s undermining his fame and credibility with [Tesla] shareholders.
his is the most recent move in a protracted line of actions that exhibit his volatility and the way his preoccupation with Twitter is damaging confidence amongst his shareholders. Tesla’s market value has plunged because the Musk’s takeover of Twitter, and his performance demonstrates how the Tesla Board has didn’t hold Musk accountable – it’s time for shareholders to act.
Backed by retail investors, we’re asking Elon Musk’s pay to be linked to his performance on environmental, social, and governance metrics. Tesla’s Board and its shareholders must take greater responsibility to adopt and deliver more ambitious ESG commitments – and retail investors have an important role to play in holding them to account. Through shareholder activism, we’re calling for Musk’s pay to be linked to ESG, to demand increased governance in addition to delivering for the environment and employee’s rights across the economy.
Anthony Cuthbertson20 December 2022 16:39
Elon Musk shares latest ‘Twitter Files’ claims
The chief Twit – not less than for now – is back tweeting.
Ignoring the present speculation about who might replace him on the social media firm, Musk is as an alternative back on his other favourite topic of recent days: The Twitter Files.
“Government paid Twitter hundreds of thousands of dollars to censor info from the general public,” he wrote, while retweeting ‘Part 7’ of the Twitter Files.
“Other social media firms too,” he added, “not only Twitter.”
Anthony Cuthbertson20 December 2022 15:40
Elon Musk ‘actively searching’ for brand spanking new Twitter CEO
Elon Musk is reportedly “actively searching” for a recent CEO of Twitter, based on sources cited by CNBC.
There’s no word on who is likely to be a possible successor, despite several figures putting their name forward – including the rapper Snoop Dogg and computer scientist Lex Fridman.
“The query is just not finding a CEO, the query is finding a CEO who can keep Twitter alive,” Musk tweeted on Sunday night.
Anthony Cuthbertson20 December 2022 14:50
Tesla stock experiencing worst sell-off since 2010
Shares of Tesla have taken a hammering since Elon Musk’s takeover of Twitter, with a few of the electric automotive maker’s major shareholders lamenting their CEO being distracted by Twitter.
Since their peak in November 2021, Tesla shares are down by greater than 62 per cent. That is Tesla’s worst sell-off because the firm went public in 2010.
Musk addressed the stock drop last Friday, blaming the lack of $600 billion price of value on forces outside of his control. “Tesla is executing higher than ever!” he tweeted. “We don’t control the Federal Reserve. That’s the true problem here.”
Anthony Cuthbertson20 December 2022 14:24
Musk appears to fuel notion that bots played part in Twitter poll defeat
Mr Musk on Monday night appeared to fuel a theory that bots were in charge for his defeat within the poll asking whether he should remain Twitter CEO.
Earlier on Monday, an account with the username Wall Street Silver quote-tweeted a side-by-side comparison of the poll on the query of reinstating the account of former President Donald Trump with the poll on the query of Mr Musk’s ongoing Twitter leadership.
The previous poll had roughly 15m votes and 836,000 likes, while the later poll had nearly 15m votes and just 312,000 likes. This led Wall Street Silver to wonder “Did bots brigade the Elon poll yesterday?”
Mr Musk replied, “Interesting”. It is just not clear why there can be any relationship between voting in a poll on Twitter and liking a tweet, two different actions that don’t appear to have any direct relationship.
Abe Asher20 December 2022 13:30
Musk says ‘there isn’t any successor’
Even when Elon Musk steps down as the top of Twitter, picking out a successor is probably not so easy.
“Nobody wants the job who can actually keep Twitter alive,” he tweeted overnight. “There is no such thing as a successor.”
One in all those stepping forward to supply their services is Lex Fridman, an AI researcher, computer scientist and popular podcast host.
“Let me run Twitter for a bit,” he tweeted to Musk. “No salary. All in. Concentrate on great engineering and increasing the quantity of affection on the planet. Just offering my assist in the unlikely case it’s useful.”
Musk replied: “It’s essential to like pain quite a bit. One catch: you’ve to speculate your life savings in Twitter and it has been within the fast lane to bankruptcy since May. Still want the job?”
Alisha Rahaman Sarkar20 December 2022 13:00