Vote on Whether Musk Should Resign as Twitter CEO, 57.5% Say Yes

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Last Updated on 12/20/2022 by てんしょく飯

 

In a poll asking whether U.S. businessman Elon Musk should resign as head of Twitter, 57.5% said yes, more than the 42.5% who voted no. More than 17.5 million people participated in the vote.

 

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Regarding the vote, which Musk initiated on December 18, he stated that he would abide by the results of the vote.

However, he did not give details of when he would resign if the result was that he should resign.

 

Tesla shares, of which Mr. Musk is the CEO, were up in mid-morning trading, although they were down from earlier in the day. Tesla has fallen about 60% since the beginning of the year.

 

Susanna Streeter, an investment and market analyst at Hargreaves Lansdown, said, “If Musk decides to step down, there could be some temporary optimism in Tesla shares in the expectation that he will finally turn his attention to Tesla.”

 

Oppenheimer analysts, on the other hand, lowered their investment rating on Tesla, saying that the negative sentiment surrounding Twitter could remain in the long term.

 

On December 18, Paul Graham, a prominent entrepreneur and founder of the startup fund Y Combinator, which helped Musk acquire Twitter, announced that he was distancing himself from Twitter. He provided his followers with a link to his “Mastodon” account, which is considered an alternative social networking site (SNS).

 

Twitter temporarily froze Mr. Graham’s account in response to this post. There was a subsequent uproar over the unfreezing of his account.

 

 

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