” Elon has actually made a decision not to join our board. I sent out a short note to the company, sharing with you all right here,” the Twitter CEO uploaded, sharing his note.
Tesla CEO Elon Musk has determined not to join the Twitter board, chief executive officer Parag Agrawal tweeted today.
” Elon has actually chosen not to join our board. I sent a short note to the company, showing you all here,” the Twitter CEO uploaded, sharing his note.
Mr Agrawal stated the company had lots of discussions with Elon Musk over signing up with the board.
” Elon’s visit to the board was to end up being formally effective 4/9, but Elon shared that very same morning he will certainly no more be signing up with the board. I believe this is for the best,” he composed.
” We were thrilled to work together and also clear regarding the threats. We also believed that Elon as a fiduciary of the company where he, like all board members, has to act in the most effective interest of the firm and also all our shareholders, was the very best path onward. The board offered him a seat.”
Musk’s appointment to the board was to end up being effective on April 9, Saturday, “subject to a background check as well as official acceptance”, however the Tesla chief executive officer educated that morning that he will no more be signing up with the board, Mr Agrawal said in his message.
“We have and also will certainly always value input from our investors whether they are on our board or otherwise. Elon is our greatest investor and also we will certainly remain available to his input,” the Twitter CEO said.
He added that there will be “disturbances ahead yet our goals as well as top priorities remain unmodified”. “The decisions we make and also just how we perform is in our hands, no one else’s. Let’s tune out the sound, and stay concentrated on the work as well as what we’re building,” Mr Agrawal included.
The Twitter CEO had announced on April 5 that Musk is set to get in the board which “he would certainly bring wonderful worth”.
The surprise on Musk not signing up with the micro-blogging site’s board came amid high expectations and also speculation over exactly how his entrance would certainly impact the Twitter community, particularly after his recent tweets that toyed with suggestions of transformations.
In among his tweets, Musk started a poll on whether the San Francisco head office of Twitter must be transformed to a shelter for the homeless. He also said Twitter must not allow advertisements as that would give power to companies to dictate terms.
Disclaimer: TheWorldsTimes (TWT) claims no credit for images featured on our blog site unless otherwise noted. The content used is copyrighted to its respectful owners and authors also we have given the resource link to the original sources whenever possible. If you still think that we have missed something, you can email us directly at theworldstimes@gmail.com and we will be removing that promptly. If you own the rights to any of the images and do not wish them to appear on TheWorldsTimes, please contact us and they will be promptly removed. We believe in providing proper attribution to the original author, artist, or photographer.
Resources: NDTV
Last Updated: 11 April 2022
