Elon Musk has announced that he will step down as CEO of Twitter once a replacement has been found.
“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 tweeted.
Read more: Will Elon Musk step down as Twitter leader?
This is the first time Musk has mentioned stepping down as CEO of the social media platform since Twitter users overwhelmingly voted for him to step down in a poll launched by the billionaire on Sunday evening.
This is also not the first time he has stated that he will not be running the company in the long run. In November, the world’s second-richest person told a Delaware court that he would reduce his time at Twitter and eventually find someone to run it in his place.
For weeks, Wall Street has been calling for Musk to step down, and recently, Tesla investors have questioned whether Musk’s focus on the social media platform is distracting him from properly steering the electric vehicle business.
Musk admitted in court in Delaware that he had too much on his plate. He said on Sunday, though, that there was no successor and that “no one wants the job who can actually keep Twitter alive”.
Prior to Tuesday’s tweet, Musk’s only response to the poll was to claim that fake accounts skewed the results. He also responded to a tweet suggesting only users who were paying $8 or $11 (for iOS subscribers) for a Twitter Blue subscription should be able to vote in the polls by saying that Twitter would “make that change.”
