Musk said he would appoint a new CEO of Twitter.
“I expect to reduce my time at Twitter and find somebody else to run Twitter over time,” he said.
Musk is even thinking about eventually stepping down as CEO of Tesla, according to James Murdoch, the former Tesla board member. Murdoch testified later in the day that Musk has specifically brought up who he wants to succeed him as CEO of Tesla — but was not asked by lawyers for the plaintiffs to name that person. In his pre-trial deposition, Murdoch said that Musk had not brought up a specific successor, but in the intervening time had done so.
This is not to say that Musk isn’t thinking about the distant future as well. Asked about the Tesla Roadster that is currently traveling through space, Musk called it an “art piece that will last millions of years.”Asked to address thehe has taken with regulators, particularly the Securities and Exchange Commission, Musk doubled down. “In general, I think the mission of the SEC is good but the question is whether that mission is being executed well,” he replied.
Musk then brought up the “recent FTX thing,” in which the cryptocurrency exchange declared bankruptcy. “Why was there no attention given to FTX?” Musk asked. “Investors lost billions. Yet the SEC continues to hound me despite shareholders being greatly rewarded. This makes no sense.”
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