In response to a non-scientific and unrepresentative poll Elon musk started two days prior asking users if he should step down as CEO, Musk tweeted his decision Tuesday night. More than 10 million people, or 57.5 percent of those who responded, thought he ought to resign.
Musk started the informal poll after even some of his own allies criticised some of Twitter’s recent policies, and he previously declared that he would follow the results. The poll was one of many public setbacks to his reputation since he assumed the position. When he entered the stage at comedian Dave Chappelle’s San Francisco performance earlier this month, the audience booed him.
In a $44 billion deal, the entrepreneur, who also runs Tesla and SpaceX, took over the social media company in October. Musk previously said he didn’t plan to hold the top position on Twitter for an extended period of time.
More than a day after the poll’s conclusion, Musk did not directly respond to its findings, but he did respond to a number of tweets that raised the possibility that the poll may have been tampered with by bots or that it did not accurately reflect public opinion.
His lacklustre response to the poll taken on Tuesday night makes it possible for him to maintain his lead for an unforeseen period of time. “Accurate evaluation!” Musk answered a tweet that inquired as to why “offering to take over that thankless job” would arouse anger.
Some Tesla shareholders had urged Musk to focus all of his attention on the electric-car company, which has been struggling on the stock market, and to leave the social media company. Tuesday’s trading saw a more than 8% decline in Tesla stock.
Upheaval and occasionally chaos have been a hallmark of Musk’s tenure as Twitter’s CEO. The billionaire fired thousands of workers, disbanded a third party organisation in charge of online safety, and allowed prominent accounts that had been suspended to reactivate, including that of the late President Donald Trump.
Many Twitter users and advertisers have found Musk’s actions to be controversial, endangering the company’s main source of income. Others, however, supported his free speech agenda and urged him to continue in his role as CEO.
Since he took over the company, Musk has used Twitter polls a number of times to make important decisions, including whether to reinstate Trump. Additionally, he polled users on whether the business should grant suspended accounts “general amnesty,” which led to a large number of them reappearing on the website.
Tuesday night, Musk released a new poll, asking users if they thought Congress should approve a $1.7 trillion funding agreement.