Elon Musk will ‘eventually’ turn over his Twitter CEO position to someone else

It has been three full weeks of Elon Musk’s ownership of Twitter. It feels like three years of utter shambles. It’s looking like Musk won’t make it to a Full Liz Truss, or even one full menstrual cycle, as CEO of Twitter. Musk is currently on trial for giving himself a giant compensation package as CEO of Tesla. Musk is testifying on his own behalf and the cross-examination has led to some interesting admissions, like how Musk has no interest in being CEO of any company and he wants to hand off his Twitter CEO position to someone else.

Apparently, Elon Musk doesn’t want to be CEO of any company. Or so he claimed in testimony at a trial Wednesday challenging his giant compensation package at Tesla. Musk, who is the CEO of multiple companies, including most recently, Twitter, was answering questions from lawyers representing Tesla when he made the offhand comment.

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

The trial, which kicked off Monday, is focused on whether Tesla’s board acted appropriately when it approved a pay package for Musk that is now worth about $52 billion at recent share prices and whether Musk had any undue influence over that decision. But Musk’s testimony also stretched into topics including his titles, how he spends his time, and most importantly, whether he was drunk when he crowned himself “technoking” of Tesla in 2021. (He said he was sober, but his lilt suggested otherwise.)

Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organizational restructuring this week.

However Musk later said in a tweet that he will continue to run Twitter until it is in a strong place, though it will “take some time.” Musk’s tweet came after former CEO Jack Dorsey said that he will not accept the role of Twitter CEO. In a reply to a Twitter user when asked if he would take the position of CEO, he said “nope.”

Tesla investors have been increasingly concerned about the time that Musk is devoting to turning around Twitter.

[From The Verge & Reuters]

So Tesla cars are literally catching fire and locking people inside of the burning cars, all while Musk gives himself $52 billion in comp and spends his time reading Twitter’s Slack messages and firing people who complain about him. Oh, and he’s trying to force people to sign “hardcore” loyalty oaths lest they be summarily fired too. And he took away free lunches for Twitter employees. And he’s a thin-skinned crybaby who doesn’t know what the f–k he’s doing. Of course he wants to hand off the CEO position – he couldn’t even handle three weeks of herding the hellsite’s cats and everyone keeps making fun of him.

Photos courtesy of Cover Images.

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8 Responses to “Elon Musk will ‘eventually’ turn over his Twitter CEO position to someone else”

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  1. PunkyMomma says:

    He’s unbelievably thinned-skinned. (Thank you for not using the tuxedoed toad pic.)

    • ML says:

      Yes, the boiled lobster look fits to him much better.
      I just can’t with this guy. I wish someone could just make him stop.

  2. girl_ninja says:

    Musty is a scam artist. Periodt. He is not a good businessman, he’s not even a mediocre business man. He has gotten government subsidies for both Tesla and Space X and manage to fool a lot of people into thinking he’s a genius when he just wants to be famous and adored. If he loses everything, that will still not be enough.

  3. Valerie says:

    He’s hilariously inept. The whole thing would be funny if his coming to power didn’t also mean that a lot of people got hurt in the process. He screwed over his entire userbase and most of his employees, and his model mama had the nerve to ask everyone to stop being mean to him.

  4. jferber says:

    girl ninja, he needs to lose everything AND be deported. Don’t forget that. He has no right to destroy people’s lives and wreck our economy. Get out, Musk!

    • Hollz says:

      He’s had American citizenship since 2002, so I doubt he’s getting deported.
      (We certainly don’t want him in Canada, and I bet South Africa doesn’t want him either…how did this clown end up with three citizenships?)

  5. YVR says:

    Lots of doom and gloom on Twitter wondering if it’ll last the weekend because of that pos. I’ve been keeping up on russia’s invasion of Ukraine there and have ‘met’ knowledgeable and cool people. Also, there’s a long thread, with source material, systematically detailing EM’s lies. Not finished reading it yet, but he’s def a major conman.

  6. RB says:

    Have seen speculation he is intentionally destroying the site to cut off the news gathering and sharing and the organizing functions used by journalists, political activists and ordinary people. Add in investor support from the Saudis and others, and it makes a lot of sense that he would break Twitter on behalf of powerful interests that don’t like it. That it feeds his ego to do so is icing on the cake.