Elon Musk launches online poll to decide if he should resign as Twitter CEO

Billionaire Elon Musk started a poll on $Twitter (Delisted) (TWTR.US)$ on Sunday, asking its users if he should step down as the social media giant's chief executive.
"Should I step down as the head of Twitter?" Musk asked hundreds of millions of Twitter users, noting, "I will abide by the results of this poll." With 10 hours left for polls to close, more than 5.8M had responded, with 58% saying "Yes."

It is unclear whether Musk has succession planning in mind for Twitter if users vote him out. In October, Musk, the world's richest man until recently, completed his $44B acquisition of Twitter, leading to the immediate resignations of its then Chief Executive Parag Agrawal and Chief Financial Officer Ned Segal.
Musk also said in a follow-up tweet that "there will be a vote for major policy changes" at the company in the future. "My apologies. Won't happen again," he added amid uproar over Twitter's decision to suspend some journalists from the social media platform.
However, Elon Musk later reinstated the accounts of several journalists, including those from the New York Times, CNN, and the Washington Post.
The poll comes days after $Tesla (TSLA.US)$ shares reached a 52-week low amid investor concerns over Musk's Twitter distraction. On Friday, media reports indicated that Musk reached out to one of the automaker's investors, seeking additional funds for the deal.
Meanwhile, in a significant policy shift, Twitter announced Sunday it would no longer allow users to promote their accounts on at least seven other major social media sites, including Facebook and Instagram of $Meta Platforms (META.US)$ .