Excellent news, Tesla buyers!
In a tweet as we speak, Elon Musk shared that Twitter – nicely, its new guardian firm X Corp. that’s – has employed a brand new CEO who will begin inside 6 weeks.
“Excited to announce that I’ve employed a brand new CEO for X/Twitter,” Musk tweeted on Thursday. “She might be beginning in ~6 weeks!”
Now, keep in mind, that is Elon Musk. Six weeks may come and go and he may very nicely nonetheless be Twitter’s CEO. However, let’s go along with the state of affairs that he has certainly employed a brand new CEO and take his announcement from there.
Musk didn’t reveal who the CEO is. Nonetheless, primarily based on the pronoun that Musk utilized in his tweet, it does seem that Twitter’s proprietor has employed a girl for the function.
Who that may very well be is anybody’s guess! Perhaps he poached crypto evangelist Cathie Wooden from her CEO function on the funding agency Ark Make investments. Musk just lately referred to as her “superior” on Twitter. Or maybe he employed Islamophobic conspiracy theorist and much proper wing activist, Laura Loomer, whom he just lately interacted with on Twitter. Heck, it may even be his musician ex-girlfriend Grimes!
What does matter, no less than to Tesla buyers, is that he is discovered somebody. Musk’s EV automotive producer hasn’t been doing too nicely on the inventory market ever since Tesla CEO Musk additionally turned Twitter CEO Musk. Some Tesla buyers argued Musk was derelict in his function on the automotive firm.
Tesla inventory was buying and selling at round $228 when Musk formally acquired Twitter. It fell as little as $101 earlier this 12 months. It is hovered across the $160 vary over the previous few weeks. When Musk tweeted out the information on Twitter, the worth rapidly spiked to greater than $172.
Musk’s announcement comes nearly 5 months after his Twitter ballot asking the platform’s customers if he ought to step down as CEO of the corporate. Greater than 17.5 million customers voted in and 57.5 p.c stated he ought to step down. Musk tried to deflect on commenting on the ballot over the previous few months, even going as far as claiming he did abide by the outcomes by appointing his canine Floki as CEO.
As for Musk’s future with Twitter, he claims he is staying on as Govt Chair and CTO, the latter of which he talked about doing again in December proper after his Twitter ballot ended.
“My function will transition to being exec chair & CTO, overseeing product, software program & sysops,” he stated in his tweet as we speak.
However let’s be sincere right here. It is nonetheless Musk’s Twitter. Not solely is he staying on, he is additionally its proprietor! And Twitter is now a personal firm managed by Musk. So, he’ll nonetheless be calling the pictures no matter who the brand new CEO is.