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Musk should step down as Twitter CEO… his own poll says


Twitter chief executive officer Elon Musk posted a poll early this week, asking if he should step down from his position.
File photo: Twitter logo and Elon Musk

Musk out of Twitter?

In Musk’s poll, he asked Twitter users the question, adding that he "will abide by the results of this poll."

Garnering over 17.5 million votes, the final verdict was for the billionaire to step down from his post.

Specifically, 57.5 percent voted "Yes," while 42.5 percent went for "No."
Screenshot from Musk’s Twitter account
Screenshot from Musk's Twitter account

While there is still no official statement from Twitter, Musk already said that “No one wants the job who can actually keep Twitter alive. There is no successor.”

The poll came after Musk's Twitter takeover in what has been a chaotic and controversial reign, Reuters said.

The latest issue was whether to ban links to other social media sites and suspend accounts that direct users to alternative platforms.

Specifically, we will remove accounts created solely for the purpose of promoting other social platforms and content that contains links or usernames for the following platforms: Facebook, Instagram, Mastodon, Truth Social, Tribel, Nostr and Post," Twitter's support account said, according to a CNN report.

However, Twitter said it will still "allow paid advertisement/promotion for any of the prohibited social media platforms," it added.

After the policy was announced, Musk then appeared to relent under criticism from other users and agreed to loosen the rules.

"Policy will be adjusted to suspending accounts only when that account's *primary* purpose is promotion of competitors, which essentially falls under the no spam rule," he Tweeted.

He also said there will be voting: "for major policy changes" going forward.

Since leading Twitter in October, Musk has made major changes in the social media company, like firing its top management and thousands of its employees.

He also went back and forth on his implementation of the subscription service Twitter Blue.

For someone who sets so much store by work ethic, Musk sure seems to spend a lot of time on social media. With Tesla shares having more than halved year-to-date, Musk needs to roll up his sleeves and get his main business back on the road, said Russ Mould, investment director at AJ Bell, according to Reuters.

AP noted shares of Tesla, where Musk is also CEO, are down 35 percent since he took over Twitter, costing investors billions.

Moreover, the company has lost 58 percent of its market value since Musk announced buying Twitter shares. On April 1, the last trading day before the announcement, Tesla was valued at over USD 1.1 trillion (around PHP 60.6 trillion).

Do you think Musk should step down as Twitter’s CEO?

Sources: Reuters, CNN, AP

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