Elon Musk Announces He’s Stepping Down As Twitter CEO; Unnamed Woman Replacing Him At The End Of June
Summary
“Excited to announce that I’ve hired a new CEO for X/ ,” wrote Elon Musk today on the platform. More than 57% voted “yes.” Musk made the announcement about 3:45 ET, and it appeared to be greeted as good news by investors in Tesla, amid concerns that running the social media platform was a distraction. Those had been a way for the platform to assure that users were who they said they were, but the switch to the paid model has created an added layer of uncertainty. In December, he suspended the accounts of several journalists who have covered him, claiming they posted his real time location. The new CEO also will likely have to contend controversies related to Tucker Carlson, who announced earlier this week that he was bringing his show to the platform.