Elon Musk will remain in charge of Twitter at least until the end of the year, at which time he could take over, as he has acknowledged in an online connection for an event in Dubai this Wednesday. The manager affirms that there is still “a lot of work to do” before handing over the reins to a new CEO. “I need to stabilize the company, make sure that it is in a financially healthy place and that the roadmap is clearly established,” he has raised.
“The end of this year should be a good time to find someone to run the company,” said the boss of the social network, who hopes that by then Twitter will be in “a stable situation.”
Since assuming the presidency in October, Musk has said he plans to step aside at some point, but has never specified when. According to Bloomberg, the billionaire had embarked on the search for a new CEO for Twitter in December, when he lost a poll asking if he had to resign. It is something that has not transcended more.
Musk has devoted himself in recent hours to posting tweets with photos of dogs occupying the position of CEO, once again pulling memes. “The new CEO of Twitter is amazing,” he joked. “And he’s good with numbers,” he said in another message.
The South African has spoken extensively about his vision for the platform and his efforts to stamp out fake news. He wants Twitter to be a source of real information. Since the arrival of Elon Musk, Twitter has witnessed massive layoffs, the return to the platform of accounts that had been banned, and the suspension of journalists critical of his role. Racist and hate tweets have also multiplied, worrying regulators and scaring away big advertisers, the main source of income.
Meanwhile, his lack of presence at Tesla has drawn the ire of some investors, who have called for him to focus more on the electric vehicle maker. Musk, who has been known to sleep at the Tesla factory during peak periods, has said he works seven days a week and sleeps six hours a night. The job usually occupies him from the moment he wakes up until he goes to bed, he has explained. “It’s not my intention to work like crazy. An 80-hour day would be fine. It’s what I aspire to do.”
