{"id":1779995,"date":"2022-12-19T08:36:25","date_gmt":"2022-12-19T13:36:25","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1779995"},"modified":"2022-12-19T09:48:38","modified_gmt":"2022-12-19T14:48:38","slug":"elon-musk-holds-poll-on-if-he-should-step-down-as-twitter-ceo-majority-vote-yes","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musk-holds-poll-on-if-he-should-step-down-as-twitter-ceo-majority-vote-yes\/","title":{"rendered":"Elon Musk Holds Poll on If He Should Step Down as Twitter CEO &#8211; Majority Vote Yes"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">34<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Felon-musk-holds-poll-on-if-he-should-step-down-as-twitter-ceo-majority-vote-yes%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1779995&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"PageBuilder-col-full PageBuilder-col PageBuilder-article\">\n<div class=\"TopBanner-container\" data-top-banner-placeholder=\"true\"><\/div>\n<\/div>\n<div class=\"PageBuilder-col-full PageBuilder-col PageBuilder-article\">\n<\/div>\n<div class=\"PageBuilder-col-9 PageBuilder-col PageBuilder-article\">\n<div class=\"RenderKeyPoints-keyPoints\" id=\"RegularArticle-KeyPoints-4\" data-test=\"keyPoints-1\" data-analytics=\"RegularArticle-keyPoints-4-1\">\n<div class=\"RenderKeyPoints-wrapper\">\n<div class=\"RenderKeyPoints-list\">\n<div>\n<div class=\"group\">\n<ul>\n<li>Twitter&#8217;s new owner, Elon Musk, posted an informal poll Sunday asking users of the social media platform if he should step down as CEO.<\/li>\n<li>Musk claimed he will abide by the results of the poll, but it is unclear whether or not he will actually do so.<\/li>\n<li>The poll closed Monday morning with a majority of respondents calling for the billionaire to leave his post.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ArticleBody-articleBody\" id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-107168226\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-107168226\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000278074\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107168227-16714553191671455317-27243021942-1080pnbcnews.jpg?v=1671456162&#038;w=750&#038;h=422&#038;vtcrop=y\" alt=\"Investors want Musk to be more involved with Tesla, says Loup\u2019s Gene Munster\"   style=\"display:none\"><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Twitter&#8217;s new owner and CEO, Elon Musk,\u00a0<a href=\"https:\/\/twitter.com\/elonmusk\/status\/1604617643973124097\" target=\"_blank\" rel=\"noopener\">posted an informal poll<\/a>\u00a0of the social media platform&#8217;s users Sunday asking if he should step down as head of the company.<\/p>\n<p>At 6:20 a.m. ET on Monday, the poll ended with a majority of respondents (57.5%) calling for the billionaire to leave his post. More than 17 million users had voted by the time the poll closed.<\/p>\n<div class=\"ExclusiveContentBucket-exclusiveContentBucket\">\n<h2 class=\"ExclusiveContentBucket-exclusiveContentHeading\">related investing news<\/h2>\n<div class=\"ExclusiveContentBucket-contentContainer\">\n<div class=\"BucketItem-bucketItem\">\n<div class=\"BucketItem-bucketImageContainer\"><img decoding=\"async\" class=\"BucketItem-bucketImage BucketItem-proItem\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/12\/107071087-16542873122022-06-03t194242z_962376127_rc2jku994ea0_rtrmadp_0_tesla-jobs-musk-scaled.jpeg\" alt=\"Oppenheimer downgrades Tesla, says Elon Musk&#039;s handling of Twitter could hurt electric vehicle maker\" \/><\/p>\n<div class=\"BucketItem-proPillContainer\"><a href=\"https:\/\/www.cnbc.com\/pro\/\" class=\"ProPill-proPillLink\" data-type=\"pro-button\"><img decoding=\"async\" class=\"BucketItem-proPill ProPill-proPill\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/f7f282b4f7f47fceda1e.svg\" alt=\"CNBC Pro\" \/><\/a><\/div>\n<\/div>\n<div class=\"BucketItem-textContainer\">\n<div class=\"BucketItem-bylineContainer\">\n<div class=\"BucketItem-publishTime\">2 hours ago<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/elon-musk\/\">Musk<\/a> claimed he would abide by the results of the poll. It is unclear whether or not he will actually do so. Shares of Tesla \u2014 another one of Musk&#8217;s companies \u2014 were up more than 1% early Monday.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/11\/16\/elon-musk-says-he-doesnt-want-to-be-a-ceo-walks-back-sec-insults.html\">In court in November<\/a>, Musk said, &#8220;I expect to reduce my time at Twitter and find somebody else to run Twitter over time.&#8221; However, on Sunday, he wrote in a tweet that there is <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1604628761395138561?s=20&#038;t=fARSGTWvPNFKhyH5QFjGfQ\" target=\"_blank\" rel=\"noopener\">no possible successor<\/a> for him at the social media company.<\/p>\n<p>&#8220;The question is not finding a CEO, the question is finding a CEO who can keep Twitter alive,&#8221; <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1604621101245419520?s=20&#038;t=fARSGTWvPNFKhyH5QFjGfQ\" target=\"_blank\" rel=\"noopener\">he wrote<\/a>.<\/p>\n<p>In response to another user speculating that Musk has already chosen a successor, the billionaire <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1604628761395138561\" target=\"_blank\" rel=\"noopener\">said<\/a>: &#8220;No one wants the job who can actually keep Twitter alive. There is no successor.&#8221;<\/p>\n<\/div>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-107168230\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<div class=\"InlineImage-imageEmbedCaption\">This photo illustration taken on December 18, 2022 in Los Angeles shows a phone displaying Elon Musk&#8217;s Twitter page where he is conducting a survey about his future as the head of the company.<\/div>\n<div class=\"InlineImage-imageEmbedCredit\">Chris Delmas | AFP | Getty Images<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Twitter polls are straw polls, meaning they are informal and not comparable to professional public opinion research. Malicious bots or inauthentic accounts may also be able to register a response to a Twitter poll.<\/p>\n<p>Musk&#8217;s Sunday poll followed online backlash after the &#8220;Chief Twit&#8221; (as he has called himself) made sudden changes to policies impacting users of Twitter in the last week.<\/p>\n<p>For example, the company introduced a new <a href=\"https:\/\/www.cnbc.com\/2022\/12\/18\/twitter-says-it-will-no-longer-allow-free-promotion-of-other-social-media-platforms.html\">social media platform promotion policy on Sunday<\/a>, which prohibited users from sharing links to some of their other social media accounts. Longtime Musk friends and proponents, including Y Combinator founder Paul Graham, expressed their dismay at the policy causing Musk to later apologize and roll it back.<\/p>\n<p>Days earlier, Twitter made changes to its policy on &#8220;doxxing,&#8221; which\u00a0<a href=\"https:\/\/help.twitter.com\/en\/rules-and-policies\/personal-information\" target=\"_blank\" rel=\"noopener\">the company now defines<\/a>\u00a0as &#8220;sharing someone&#8217;s private information online without their permission.&#8221; The new policy prohibits users from sharing other people&#8217;s live location information, home addresses, contact information or physical location information but has left many confused over what information crosses Twitter&#8217;s line.\u00a0<\/p>\n<p>Musk&#8217;s policy changes were used as a justification to suspend the Twitter accounts of a number of U.S.-based journalists, commentators and others who were critical of the CEO or his companies in the past. Some of the accounts were fully or partially restored a few days later, but not all.<\/p>\n<p>The suspensions marked the latest chapter of Musk&#8217;s rocky takeover of Twitter. He led the acquisition of the company for around $44 billion in October, and his leadership has resulted in <a href=\"https:\/\/www.cnbc.com\/2022\/11\/04\/twitter-sued-by-employees-after-mass-layoffs-begin.html\">massive staff cuts<\/a>, a <a href=\"https:\/\/www.cnbc.com\/2022\/11\/03\/heres-how-elon-musk-can-prevent-racist-raids-on-twitter.html\">spike in racist hate speech<\/a>, <a href=\"https:\/\/www.cnbc.com\/2022\/11\/01\/ad-giant-ipg-advises-brands-to-pause-twitter-spending.html\">advertisers<\/a> fleeing or slashing their spending on the platform,\u00a0as well as the reinstatement of previously banned accounts.<\/p>\n<p>Musk claims <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1603852159283445760\" target=\"_blank\" rel=\"noopener\">that Twitter usage has reached an all-time high<\/a> since he took over, and <a href=\"https:\/\/twitter.com\/elonmusk?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\" target=\"_blank\" rel=\"noopener\">that hate speech impressions have fallen<\/a>.<\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-107167542\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-107167542\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000277791\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107167543-16711987061671198704-27186590044-1080pnbcnews.jpg?v=1671199286&#038;w=750&#038;h=422&#038;vtcrop=y\" alt=\"Musk can not run Twitter the same as an engineering company, says TCU&#039;s Mary Uhl-Bien\" \/><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>The billionaire&#8217;s management of Twitter is bleeding into, and raising concerns about, his other ventures.<\/p>\n<p>For example, Musk has sold billions of dollars worth of <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-14\"><a href=\"https:\/\/www.cnbc.com\/quotes\/TSLA\/\">Tesla<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\"><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\"><\/span><\/button><\/span><\/span><\/span> shares this year to finance the Twitter takeover. He has also pulled in talent from both Tesla and SpaceX, including executives, engineers and attorneys, to assist him at Twitter.<\/p>\n<p>A CEO spending time and money on Twitter isn&#8217;t Tesla&#8217;s only\u00a0challenge \u2014\u00a0the company is currently offering discounts on vehicles in China, an indication of weaker demand for its cars there,\u00a0according to<strong>\u00a0<\/strong>Tesla bear Toni Sacconaghi\u00a0of Bernstein on<strong>\u00a0<\/strong>CNBC&#8217;s &#8220;<a href=\"https:\/\/www.cnbc.com\/squawk-on-the-street\/\">Squawk on the Street<\/a>&#8221; last week.<\/p>\n<p>Earlier this month, NASA Administrator Bill Nelson asked SpaceX President and COO Gwynne Shotwell whether Musk&#8217;s &#8220;distraction&#8221; at Twitter might affect SpaceX&#8217;s work with the space agency, <a href=\"https:\/\/www.nbcnews.com\/politics\/politics-news\/spacex-leader-reassured-nasa-chief-elson-musk-rcna61189\" target=\"_blank\" rel=\"noopener\">NBC News reported.<\/a> Nelson said she reassured him it would not.<\/p>\n<p>But Musk&#8217;s behavior at Twitter is having a negative impact on his car company&#8217;s public image and stock price. Shares in Tesla had dropped about 60% year to date as of Friday&#8217;s close. It comes amid a broad decline in growth stocks which has seen the tech-heavy <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-17\"><a href=\"https:\/\/www.cnbc.com\/quotes\/.IXIC\/\">Nasdaq Composite<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\"><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\"><\/span><\/button><\/span><\/span><\/span> fall more than 30% year to date.<\/p>\n<p>In a note late Sunday, Dan Ives, managing director of equities at Wedbush Securities, wrote that the second-biggest request on his Christmas &#8220;wish list&#8221; was for Musk to find a successor to run the social media company.<\/p>\n<p>&#8220;With the Twitter chaos front and center and resulting in a major headache and overhang for the Tesla story, we believe Musk needs to name a permanent CEO of Twitter (and not Musk himself) to end the pain,&#8221; Ives said.<\/p>\n<p>Tesla&#8217;s largest retail shareholder, Leo Koguan, wrote in a tweet on Dec. 14, that &#8220;Elon abandoned Tesla and Tesla has no working CEO.&#8221; He called on the company&#8217;s board of directors to take action. &#8220;Tesla needs and deserves to have [a] working full time CEO,&#8221; he wrote, criticizing the board for apparent inaction.<\/p>\n<p>Musk tweeted last week that he will <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1602810411648065536\" target=\"_blank\" rel=\"noopener\">&#8220;make sure&#8221; Tesla shareholders benefit<\/a> from Twitter in the long term.<\/p>\n<p>A survey in Germany&#8217;s <a href=\"https:\/\/www.spiegel.de\/auto\/fahrkultur\/tesla-wie-elon-musk-den-ruf-des-elektroauto-herstellers-in-deutschland-zerstoert-a-c8abdcbd-9027-47e2-a5d0-04bfafac78b9\" target=\"_blank\" rel=\"noopener\">Der Spiegel<\/a> last week found that <a href=\"https:\/\/twitter.com\/kniggem\/status\/1603202139664572417\" target=\"_blank\" rel=\"noopener\">63% of respondents feel<\/a> that Musk&#8217;s public performance as CEO of Twitter has had a mostly negative or clearly negative impact on their view of Tesla.<\/p>\n<p>And only 9% of respondents to that survey said they find Tesla very or mostly likable as a brand \u2014 the company ranked far behind <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-21\"><a href=\"https:\/\/www.cnbc.com\/quotes\/VWA&#039;-BE\/\">VW<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\"><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\"><\/span><\/button><\/span><\/span><\/span>, BMW, Opel and others in Germany. That&#8217;s despite the fact that Tesla is investing heavily in the German market. It opened a major vehicle assembly plant in Gr\u00fcnheide, outside of Berlin, in March o this year.<\/p>\n<p><em>Correction: This article has been updated to reflect that at 3.30 a.m. ET the majority of poll respondents had voted for Musk to leave his post.<\/em><\/p>\n<p>\u2014 <em>CNBC&#8217;s Ryan Browne contributed to this report.<\/em><\/p>\n<\/div>\n<\/div>\n<div class=\"WatchLiveRightRail-inline WatchLiveRightRail-container\" id=\"RegularArticle-WatchLiveRightRail-7\" data-test=\"watchLiveRightRail-4\" data-analytics=\"RegularArticle-watchLiveRightRail-7-4\">\n<div class=\"WatchLiveRightRail-contents\"><a href=\"https:\/\/www.cnbc.com\/live-tv\/\" class=\"WatchLiveRightRail-wlButton\">WATCH LIVE<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/4db8932b7ac3e84e3f64.svg\" class=\"WatchLiveRightRail-logo\" alt=\"logo\" \/><\/a><a href=\"https:\/\/www.cnbc.com\/live-tv\/\" class=\"WatchLiveRightRail-wlButtonMobile\">WATCH IN THE APP<\/a><\/div>\n<\/div>\n<\/div>\n<div class=\"PageBuilder-col-9 PageBuilder-col PageBuilder-article\"><\/div>\n<div class=\"PageBuilder-col-12 PageBuilder-col PageBuilder-article\">\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Twitter&#8217;s new owner, Elon Musk, posted an informal poll Sunday asking users of the social media platform if he should<\/p>\n","protected":false},"author":1,"featured_media":1779998,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[5458,3850,4249,7325,5049,4250,3921,3819,3618,5101,4253,4474],"class_list":["post-1779995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-bongino","tag-ceo","tag-elon","tag-holds","tag-majority","tag-musk","tag-poll","tag-report","tag-riot","tag-step","tag-twitter","tag-vote"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1779995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1779995"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1779995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1779998"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1779995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1779995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1779995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}