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Elon Musk determined to find new leader for twitter

Tesla owner Elon Musk showed his determination to find a new leader for Twitter as he is planning to reduce his time at the social media company.

Musk made the comments during his hearing in a Delaware court to refute allegations that his $56 billion compensation package at Tesla Inc was based on easy-to-achieve performance targets and was approved by a compliant board of directors.

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Later musk confirmed it on Twitter as well.

Tesla investors also showed their concerns about Musk devoting all his attention to Twitter.

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Musk responded that the corporation needed an initial burst of activity following the acquisition to reorganize. But after that, I anticipate spending less time on Twitter.

The first two weeks of the billionaire’s ownership of Twitter had been characterized by quick change and instability.

The previous CEO of Twitter and other senior executives were swiftly ousted, and earlier this month, he laid off half of the company’s workers.

Musk also delivered a mail according to which workers at Twitter were given until Thursday to choose whether they wanted to accept a three-month salary severance plan or stay on at the firm to work long hours at great intensity.



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