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Musk poll finds 57.5% want him to step down as Twitter chief

Elon Musk had told a Delaware court last month that he would reduce his time at Twitter and eventually find a new leader to run the company
Elon Musk had told a Delaware court last month that he would reduce his time at Twitter and eventually find a new leader to run the company

A poll by Elon Musk on whether he should quit as Twitter CEO showed the majority of users of the social media platform who took part voted in favour of the move, after the poll ended this morning.

About 57.5% votes were for "Yes", while 42.5% were against the idea of Mr Musk stepping down as the head of Twitter, according to the poll the billionaire launched yesterday evening.

Over 17.5 million people took part in the vote.

Mr Musk has said he will abide by the results of the poll, but did not give details on when he would step down if results said he should.

Shares of Tesla, the electric-car maker Mr Musk heads, were up more than 5% in pre market trading.

Mr Musk, who lost his title as the world's richest person earlier this month, also founded tunneling enterprise Boring Company, backs medical device company Neuralink and heads rocket company SpaceX.

Tesla investors have been concerned Mr Musk has been spreading himself too thin following the Twitter deal.

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Tesla has already lost nearly 60% of its value this year, as, like other carmakers, it battles supply chain issues and increasing competition in the EV space.

Last month, Mr Musk told a Delaware court that he would reduce his time at Twitter and eventually find a new leader to run the social media company.

Replying to one Twitter user's comment on a possible change in CEO, Mr Musk said yesterday: "There is no successor".

The poll comes after Twitter's policy update, which prohibited accounts created solely for the purpose of promoting other social media firms and content that contains links or usernames for rival platforms.

The policy update would impact content from social media platforms like Meta platforms' Facebook and Instagram, along with Mastodon, Truth Social, Tribel, Nostr and Post while allowing cross-content posting, Twitter support said in a tweet.

Former Twitter CEO Jack Dorsey, who recently invested in social media platform Nostr, replied to the Twitter support post with one word: "Why?". In a reply to another user posting about the Nostr promotion ban, Mr Dorsey said, "doesn't make sense".

Jack Dorsey is the Former CEO of Twitter

Short video-platform TikTok, owned by China's ByteDance, was not included in the list.

Last week, Twitter disbanded its Trust and Safety Council, a volunteer group formed in 2016 to advise the social media platform on site decisions.

The policy change follows other chaotic actions at Twitter since Mr Musk, who is also the CEO of Tesla, bought the social network.

He fired top management and laid off about half of its workforce, while seesawing on how much to charge for subscription service Twitter Blue.

Mr Musk on Saturday reinstated the Twitter accounts of several journalists that were suspended for a day over a controversy on publishing public data about the billionaire's plane.

His decision to lift that suspension followed the results of a Twitter poll he had issued, in which the majority of respondents voted for the journalists' accounts to be restored immediately.

The initial suspension of those accounts was heavily criticised by government officials, advocacy groups and several journalism organisations, with some saying Twitter was jeopardising press freedom.