FiveHundredCents wrote a post · May 12, 2023 16:19

Elon Musk says he’s stepping down as Twitter CEO, will oversee product

Musk said via Twitter that the new CEO, an unnamed woman, would start in about six weeks.（Some sources say it's her?）

Several $Tesla (TSLA.US)$ investors were concerned that Musk was too distracted by running Twitter and that he should redirect his time to steering the electric vehicle company, where he is also CEO.

Musk acquired Twitter for $44 billion in October and made his mark there immediately, firing executives and hundreds of employees, allowing banned users back on the platform, and courting political controversy.