Elon Musk has announced he will abide by the results of a Twitter poll he posted and resign from his position as CEO of the social media company, but only when he finds someone “foolish enough to take the job.”
Musk posted a poll this week asking if he should quit his role at the company he bought for $44 billion, following a raft of much criticized changes. When the poll closed, 57.5% of users had voted in favor of him leaving the position. The billionaire has said he will continue to run the software and servers team if he finds a replacement for himself.
Musk bought Twitter in October, and has since fired around half of its employees and made several doomed changes. He attempted to roll out a paid-for verification feature before having to put it on pause due to fake accounts, and relaunched the service last week.
Last week he suspended the accounts of several journalists who were reporting on the company, accusing them, incorrectly, of revealing his address or location to their followers. Again, he was forced into retreat, after the U.N. issued a rebuke and the European Union threatened the company with sanctions.
Following the banning of journalists, users responded by announcing plans to leave Twitter for other platforms, and Musk reacted by implementing a new policy banning all links to other social media networks. By the end of that day, the policy had already been reversed and Musk said all major policy changes going forward would be decided by a vote.
While the Twitter circus has been underway, Musk’s other companies have suffered. Shares in the electric car maker Tesla have been pummeled and are down over 65% so far this year. Investors in the company have already expressed the displeasure that Musk is spending so much time on Twitter.