16 February,2023 04:22 PM IST | New Delhi | IANS
Elon Musk. Pic/AFP
Elon Musk has said that he might step down as Twitter CEO by the end of this year, after stabilising the company and making it more financially viable.
After conducting a poll on stepping down as Twitter CEO in December last year, Musk has not offered any indication as to when he is going to appoint a new CEO to run the daily affairs at the micro-blogging platform.
"I need to stabilise the organisation and just make sure it's in a financially healthy place in that the product roadmap is clearly laid out," Musk said via video link at the World Government Summit in Dubai.
"I'm guessing probably towards the end of the year would be good timing to find someone else to run the company," he was quoted as saying in reports.
ALSO READ
Trump attends UFC fight as Elon Musk suggests public should weigh in on Treasury pick
Elon Musk, Vivek Ramaswamy to lead Department of Government Efficiency: Trump
Italy's president sharply rebukes Elon Musk over comments on X about migration court rulings
Elon Musk, Vivek Ramaswamy to lead DOGE: Trump
India says Starlink has to comply with all rules for licence
"I think it should be in a stable position around the end of this year," Musk added.
Musk has said that he does not want to be the CEO of any company, be it Tesla or Twitter.
"I frankly don't want to be the CEO of any company. At SpaceX, it's really that I'm responsible for the engineering of the rockets and Tesla for the technology in the car that makes it successful," he said.
"So, CEO is often viewed as somewhat of a business-focused role, but in reality, my role is much more that of an engineer developing technology and making sure that we develop breakthrough technologies and that we have a team of incredible engineers who can achieve those goals," Musk elaborated.
He said he does not wish to remain CEO of Twitter forever.
"I expect to reduce my time at Twitter and find somebody else to run Twitter over time," he added.
Earlier on Wednesday, Musk had said that he has hired a dog to replace him as the Twitter CEO.
Also Read: Over 17,400 tech employees have been fired globally in February till now
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
