Elon Musk has chosen a new CEO for Tesla

 

The world's richest person and the new head of Twitter, ElonMusk, has reportedly chosen a new CEO (Chief Executive Officer) for Tesla. According to company sources, Musk has identified the potential successor as the CEO of Tesla.

Recently, Musk said that he does not want to be the CEO of any company. James Murdoch, one of Tesla's board members, has reportedly hinted that Musk may step down as the CEO of Tesla. He testified before the court but did not reveal the name of the new CEO. He said that Musk had decided on the name of the CEO over the last few months.

According to Reuters, some Tesla investors expressed their concern about whether Musk would be able to focus on his role as CEO of Twitter. Reportedly, Musk made some Tesla engineers work for Twitter. However, he called it “temporary” and “after hours”.

Recently, Musk also sent a stern letter to Twitter employees. He reportedly said that the employees will have to put in a lot of effort to build Twitter 2.0. He also said that employees will have to work longer hours at “high intensity.”

Last week, he held an all-hands meeting with staff at Twitter’s San Francisco headquarters. He asked them to work 40 hours in the office. Musk also told Twitter employees to brace for 80-hour weeks.

Musk’s $44 billion Twitter deal was finalised last month. Consequently, Musk introduced various changes on the social media platform. Twitter introduced the payment system of $8 for a blue tick. Musk fired various employees of Twitter, including the CEO Parag Agrawal and other top executives. He overturned Twitter’s permanent work-from-home policy. He also said that all accounts engaged in parody must include "parody" in their name.

Recently, Twitter planned to remove device labels from tweets, making no difference between iPhones and Android users.