Elon Musk's replacement at the head of Twitter will have a tough time refloating the company

[samiaseo75]

It is unclear whether Musk is looking for a replacement inside or outside the company , which has been left without senior executives since the South African launched mass layoffs in recent weeks and decapitated Twitter's previous management team (in addition to having to deal with the voluntary resignation of hundreds of workers).

Before finalising the acquisition of Twitter in June, Elon Musk had already announced that he would only be running the social network “for a few months”. However, since his arrival at the italy phone number data social network with the little bird as its new CEO, Musk has been very involved in the management of Twitter, perhaps too much. Not in vain, Tesla investors and senior executives have been asking Musk for some time to find a CEO for Twitter and concentrate on the management of the electric car company (to which the South African owes his immense personal fortune).

In addition to spending a lot of time on Twitter, Musk is also investing huge amounts of money in the social network to try to revive it. And between November and December he has sold Tesla shares worth $3.65 billion and $3.9 billion.

The lax content moderation policy that Elon Musk has imposed on Twitter since his arrival at the social network with the little bird has caused a massive flight of advertisers that has visibly drained the company's accounts . In fact, the South African businessman assured this Tuesday that Twitter "would go straight to bankruptcy" if nobody does anything about it.