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Tesla CEO Elon Musk to step down as Twitter CEO

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In the poll, 57.5 percent of around 17.5 million people voted “yes.” Musk had said on Sunday he would abide by the results. He has not provided a time frame for when he will step down and no successor has been named.

The poll results capped a whirlwind week that included changes to Twitter’s privacy policy and the suspension – and reinstatement – of journalists’ accounts that drew condemnation from news organizations, advocacy groups and officials across Europe.

Musk projected that Twitter’s cash flow will break even in 2023, a Bloomberg reporter tweeted on Wednesday, citing comments made in a Twitter Spaces session.

Musk attributed the projection to cost-cutting measures he has undertaken at the social media platform recently, Bloomberg tweeted.

Wall Street calls for Musk to step down had been growing for weeks and recently even Tesla bulls have questioned his focus on the social media platform and how it might distract him from running the EV maker.

Musk has himself said he had too much on his plate, and that he would look for a Twitter CEO. He said on Sunday, though, that there was no successor and that “no one wants the job who can actually keep Twitter alive.”

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