Connect with us

News

Elon Musk stated he doesn’t want to be Twitter CEO

Published

on

Elon Musk

Microblogging Platform Twitter’s new Chief Elon Musk announces that he doesn’t want to be the CEO of Twitter or any other Company. He reveals this statement in Court during a testimony at a trial on Wednesday, Challenging his giant Compensation package at Tesla.

Musk Commented:

“I frankly don’t want to be the CEO of any company.”

“At SpaceX, it’s really that I’m responsible for the engineering of the rockets and Tesla for the technology in the car that makes it successful.”

“So, CEO is often viewed as somewhat of a business-focused role, but in reality, my role is much more that of an engineer developing technology and making sure that we develop breakthrough technologies and that we have a team of incredible engineers who can achieve those goals.”

Elon Musk recently acquired Twitter and appointed himself as the CEO after firing Parag Agrawal. He is the CEO of the Electric Vehicle Company Tesla and Rocket Company SpaceX. However, he confirms that all the arrangements at Twitter are temporary. He does not wish to be the CEO of Twitter. Later, he will reduce his time on Twitter and find someone who will run Twitter on his behalf.

Elon Musk is planning to step down as the CEO of Tesla

According to former Tesla Board Member James Murdoch, Musk is even thinking of stepping down as the CEO of Tesla.

Amid Twitter Acquisition, Elon faces two lawsuits in the U.S. this week.   One case defending his $56 Billion pay package from Allegations by Tesla Shareholders. While the other is a Manslaughter trial in Los Angeles for a fatal crash. Elon’s testimony also includes whether he was drunk when he crowned himself as the “Technoking” of Tesla in 2021.

See also  Netflix Brings Option To Pay For Subscriptions Via An External Link On iOS, Bypasses Apple's App Store Fee

Elon explains why he appointed himself as the CEO of various Companies, he said:

“At SpaceX, it’s really that I’m responsible for the engineering of the rockets and Tesla for the technology in the car that makes it successful,” he said. “So, CEO is often viewed as somewhat of a business-focused role, but in reality, my role is much more that of an engineer developing technology and making sure that we develop breakthrough technologies and that we have a team of incredible engineers who can achieve those goals.”

Investors express their concern over Elon Musk’s ability to Multitask. Elon reveals that he spends most of his time where Crisis occurs.

Elon is facing Choas and Criticism after Acquiring Twitter

After completing a $44 billion takeover of the San Fransico Company Twitter, the billionaire fired half of its full-time workforce through an email early this month. He also hardens the working conditions of the rest of the Employees by imposing restrictions. He asked the Employees to arrive at the Office and work for 80 hours a week.

Yesterday, he announced the launch date of the Twitter Blue Subscription Service in the U.S. Twitter Blue Subscription service will relaunch on November 29. Starting this date, the willing users will have to pay $8 monthly for the blue check mark.

Thanks for reading!! For more information, Stay Connected with us.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2020 - 2021 TechZimo.com, All rights reserved.