Elon Musk Says He Will Step Down As Twitter CEO "As Soon As..."

Source : bloomberg llc official

Popular Social Media Platform, Twitter has been on Headlines since Elon Musk has take over it. Well, A big news coming here is that Elon Musk will now resign as chief executive of Twitter after finding the replacement. 

Musk has fully owned the company since October and from that time only, he had faced many controversies including sacking half of its staff, readmitting far-right figures to the platform, suspending journalists and trying to charge for previously free services.

The decision has been made on the basis of a Poll which Elon Musk had conducted on his Twitter account, asking whether he should resign the post of CEO of Twitter or not. A large number of Audience participated on that poll and nearly 58 percent of the users answered yes and favored leaving the post of CEO of Musk. Whereas 42 percent of the users believed that Musk should still hold the post of CEO. But now, after losing in the poll, Musk has also confirmed that he will be resigning with the post of CEO of Twitter.

Well, Analysts says that the stock price of his electric car company Tesla has went down by one-third after Musk's Twitter takeover, and some suggest Tesla's board was putting pressure on him to quit his Twitter role.