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"I
will resign as CEO as soon as I find someone foolish enough to
take the job! After that, I will just run the software & servers
teams," Musk wrote on Twitter.
Musk's $44 billion takeover of Twitter in October has been
marked by chaos and controversy, with some investors questioning
if he is too distracted to also properly run his electric
vehicle automaker Tesla Inc, in which he is personally involved
in production and engineering.
This is the first time Musk has mentioned stepping down as chief
of the social media platform, after Twitter users voted for him
to resign in a poll, which the billionaire launched on Sunday
evening.
In the poll, 57.5% of around 17.5 million people voted "yes."
Musk had said on Sunday he would abide by the results. He has
not provided a time frame for when he will step down and no
successor has been named.
The poll results capped a whirlwind week that included changes
to Twitter's privacy policy and the suspension - and
reinstatement - of journalists' accounts that drew condemnation
from news organizations, advocacy groups and officials across
Europe.
Musk projected that Twitter's cash flow will break even in 2023,
a Bloomberg reporter tweeted on Wednesday, citing comments made
in a Twitter Spaces session.
Musk attributed the projection to cost-cutting measures he has
undertaken at the social media platform recently, Bloomberg
tweeted.
Wall Street calls for Musk to step down had been growing for
weeks and recently even Tesla bulls have questioned his focus on
the social media platform and how it might distract him from
running the EV maker.
Musk has himself said he had too much on his plate, and that he
would look for a Twitter CEO. He said on Sunday, though, that
there was no successor and that "no one wants the job who can
actually keep Twitter alive."
(Reporting by Ann Maria Shibu and Juby Babu in Bengaluru;
Editing by Anne Marie Roantree and Christopher Cushing)
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