Twitter CEO: Elon Musk will not join Twitter board

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Tesla CEO Elon Musk, who recently bought a large stake in Twitter, has decided not to join the social media company's board

Twitter CEO Parag Agrawal tweeted the news Sunday night."Elon's appointment to the board was to become officially effective 4/9, but Elon shared that same morning that he will no longer be joining the board," Agrawal said in the tweet."I believe this is for the best. We have and will always value input from our shareholders whether they are on our Board or not. Elon is our biggest shareholder and we will remain open to his input.

As part of the deal for Musk to join the board, the Tesla CEO had agreed not to acquire more than 14.9% of the company's shares while he remained on the board.Tesla's stock surged after his initial purchase was disclosed.When the news of his board appointment broke, Musk tweeted he was"looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!"It's not entirely clear what improvements Musk had in mind.

Source: News Formal (newsformal.com)

 

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boycottesla Medvedev praised the Kremlin whore elonmusk

Didn't they already announce official that he was

Creator Youtube Studio

Creator Youtube Studio

Elon Musk knows that criticizing Tweeter is easier than fixing it.

I think that was very wise on his part not to join the Twitter Board. He will not be restricked on larger Twitter share purchases and may even go after Twitter in a hostile takeover if he feels that free speech will be violated in any way.

C'mon Elon you have to set Brian Stelter the little man straight. He couldn't find the truth if it was inside a Twinkie

Down twitter goes

🌌⛓

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Não sei inglês traduzam

Press,press,press………

Trump must have CALLED HIM! That CHAOS WILL SCREW Tesla! Musk got problems he needs to solve. No spare tire & no quick service calls.

Who cares!

Then wtf was the point?

It will be educational to watch America’s most famous African-American tech billionaire fix Twitter.

Don't he already have enough stuff to do 🤷🏾‍♀️

Better use of his time. Hope employees realise that as major shareholder and person of incredible vision, he will save them from extinction.

He ain't got time from that stuff. He's should be focusing on getting people off this planet. Times ticking away

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Great News! The guy is a nut job tbh.

Lots of misinformation here.

Was just a political stunt by the right winger, elonmusk. Besides, how would he have the time?

where is my prince charming

Ghost board member 😂 I love it

Maybe he is too busy

He's going to buy it out.

Take it over elonmusk

Dont care.

good for twitter

Really enjoyed watching Road Runner last night. I really liked Tony and miss him . But a few points here he worked to hard for a lot of people. Tony took care of a lot people except for himself. Last point Tony was trying to take care of to many Women. All Men should learn this .

I think elonmusk is now less convinced of changing Twitter, and more convinced of disrupting social media by starting his own company.

Good. No one needs you at all.

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I smell a slow moving coup coming! Good for Elon.

Of course. He wanted Twitter stocks to drop to buy more. SMH

Good for Elon. I would like to see Twitter totally destroyed because of their abuse of free speech

Yea, after he realized he couldn’t run the company from that spot screwmusk

Good

Is it legal to manipulate the market everywhere you go? I know crypto has 0 regulation so he just manipulated that shit all day but now the stock market is being manipulated with his lies

Of course, you leftists believe that Elon could threaten free speech, allowing people to express themselves freely, leftists don't know how to rationalize.

Elon Musk is threatening free speech by threatening to allow people to speak freely on Twitter. Truth is what DNC says it is & all are free to speak that truth. Only The Party's Narrative Matters. POTUS has to issue an Executive Order to force elonmusk to sell his shares

He would have been voted out as soon as seated. Money can't buy respect.

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He will not be limited in how much stock he may buy.

His shrink told him that if he sat on Twitter's board he would need stronger meds. Free speech is more complicated than going to mars.

Thank you

I love Titter. elonmusk new currency . titcoin

Thats because he will just buy Twitter...

No, he'll just pay off the rest of the board to make the changes he wants, keeping his hands apparently clean while he continues to do harm.

If joining the board will limit Elon’s freedom of speech, why would he join? Why do you think Elon bought 9% of Tweeter stake? He did to promote freedom of speech! 😀

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So now he knows how they system works. Think the right wingers that were counting on him are going to be sorely disappointed. He’s a lot smarter than you gave him credit for.

Smart move He knows that he knows nothing about running Twitter, so he let's the guys who've been doing it all along, continue with their job.

He got booted out to be exact.

I feel better already...

Let's hear from him.

No doubt. Has enough on his plate already. Just an investment.

Found out a background check was required and backed out... Which is same reason why US politicians should be required to get a TS clearance, including polygraph--just like any other Federal Employee. Polygraph, preferably on live tv with questions asked by opponents.

Because he can nowbuy up to 51% and control the whole thing. Love all the triggered tweets by Libs claiming backrounds check fears🙄🤣🤣🤣…. Sure buttercup. Keep telling yourself that…🤣🤣🤣… hold on tight!!! 🤣🤣🤣

Is Elon Musk an African-American having originated from South Africa or by the virtue of his color he is American-African.

Not decided - but elonmusk did not have much of a choice restricting shareholding’s and given how active he is on Twitter his jealous enemies- of which there are many -would have used it against him.

He doesn’t need to.

Elon hate fascist Putin and do a lot to help Ukraine..this is mistake not to join Twitter board Russians have large army Moscow trolls who poisoned naiv French America other countries people's brains with Moscow Poison good if Elon can create Western trolls who will tell thru

He'll work elon! 🤣 elonmusk

Please continue to stay away...I can't go back to Zuckerberg apps

If on the board i assume he cannot keep manipulating the share price by tweeting about it …

in other words he was not allowed in the board?

Honestly don’t know or care but is this good or bad?

Seems his money ain't good...🥴

Heya

great news, he is no longer bound to the restriction of 14.9% , he will now increase is stake dramatically , go Elon take us private

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Short TWTR

The United States must returned the money of the oppressed Afghans and must be released so that the Afghan nation can be free from misery.

Maybe CNN are next.

So he is going for 14% then

can twitter put together a consortium of buyers and go private?

They asked him…. He didn’t ask to be on the board….. wonder whyyyy Oh yeah he likes his red pills….. I mean polls

Can't join the board if you slag the platform off.

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I think he should, they need new ideas.

He was ordered NOT he decided !!!

LOL, his worshippers will be crying for hours.

twitter openly blocks conversations between friends and family. once he saw inside their heads, i bet the evil repelled him.

“Praise The Lord”

elonmusk why are you playing with them? Or is it just poking the eye of SEC?

Because joining the board would've limited the amount of stock he could buy? By not joining the board he's now free to buy as much stock as he wishes? I think he wants absolute control of everything at Twitter! I think he wants to bring Donald back...

No one wanted to relocate their office to Mars

Smart move 👍👍

Some tweets say it wasn't his decision..some say he decided not to. No wonder people are all over the place.

lol people really thought he’d be running the show 😂

Did he fail the background check?

Thank GOD or aliens on Mars, whatever is guiding this man's thought process.

What for? None of those guys have background checks

Great news

Welp….trump still doesn’t have a platform to stand on. Forced to stand outside with his people so that he can lie to them! 😂😂😂

Yes because it requires at least a bit of ethics

He was likely holding the threat of a hostile takeover as leverage to get more than the board seat. The seat was conditional on caping his interest at 14.9%. So takeover is likely, though he’ll have to buy about $12B worth of shares for 51%, or launch proxy.

Well, this should be entertaining.

Wish he buys CNN and closes it down for it's consistent fake stories

Far out 👀

By not joining the board he will not be limited as to how much stock he can purchase. He would be aware of that. He may be planning to acquire over 51% of the company, then the board won't matter.

Awe. Shucks. Lmfso gonna be some gop wine today

...WHY? I was so happy. We have yet to be given an explanation for some reason.

What. A. Surprise.

Maybe he’s closer to be a type of Charles Foster Kane soon with Twitter in his hands, who knows?!

Que bueno porque lo mismo que tiene de genio, lo tiene de imbécil.

Thank GOD!

Board members are restricted to roughly 14% for two years.. maybe he wants majority stake and refusing the board seat allows that 👀

Means nothing. There’ll be more than a few kiss-asses already on the board, ready to KISS THE E.MUSK RING & DO his bidding ANYTIME.

One hand lies. The other tells the truth. - 100 eyes.

I wouldn't want him on my board either.

thank god

Is this the same Elon Musk (elonmusk)? 😋

Didn't pass the background check

I hope this doesn’t mean he plans to buy a lot more of the stock. He was limited to 14% if he had been a board member. What if this is part of his plan to take the whole thing over?

elonmusk got cold feet over responsibilities🤣

He really said:

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He won’t even be on earth

paraga was so bricked up about it too, sadge

Called the SEC. What a joke.

Twitter rules! Best echo chamber of all time. 2% of the world…

Oh wow this is actually surprising

Sleazy Infowars cohost stood up by MTG and Alex Jones

🤪

This is like a real life episode of Succession

Just getting this out of the way in advance.

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