On Wednesday, Elon Musk said he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organizational restructuring this week. Tesla investors have been increasingly concerned about the time that Elon Musk is devoting to turning around Twitter. “There’s an initial burst of activity needed post-acquisition to reorganize the company,” Musk said in his testimony. “But then I expect to reduce my time at Twitter.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Ukraine’s military, politicians targeted in hacking campaign: Meta

On Feb 28, Facebook-owner Meta Platforms (FB.O) said that a hacking group…

Egyptian students develop ‘Robot’ Nurse

Students of Cairo’s Ain Shams University in the lab developed a white-colored…

US calls in tech firms to discuss AI risks

The White House plans to meet with top executives from Google, Microsoft,…

Revolutionary steps to ensure fair elections

In a cabinet committee meeting on EVM and I-Voting, Minister for Information…