Elon Musk to step down as Twitter CEO once he finds ‘someone foolish’ enough as successor
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Elon Musk to step down as Twitter CEO once he finds 'someone foolish' enough as successor
Billionaire Elon Musk said on Tuesday he will step down as chief executive of Twitter Inc once he finds a replacement, but will still run some key divisions of the social media platform. "I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams," Musk wrote on Twitter. Tesla Inc's shares, which have lost about 60% of their value since Musk made the offer for Twitter back in April, rose about 1% on Wednesday. Musk's $44 billion takeover of Twitter in October has been marked by chaos and controversy, with some investors questioning if he is too distracted to also properly run his electric-vehicle automa...