Elon Musk, who not too long ago took over as Twitter CEO After shopping for the agency, he acknowledged that he doesn’t need to be the CEO of this or another firm.

In a Delaware courtroom on Wednesday, Musk testified in his personal protection in a shareholder lawsuit difficult a compensation bundle that tesla board of administrators gave him that he could possibly be value greater than $55 billion.

In accordance with quite a few media sources, Musk acknowledged throughout his testimony that “I hope to cut back my time on Twitter and discover another person to handle Twitter over time.”

Musk knowledgeable the surviving Twitter workers by way of e-mail that the corporate is primarily a server and software program firm and requested them to decide Thursday evening about their future on the firm.

To create “a breakthrough in Twitter 2.0”, Musk wrote that employees “should be extraordinarily robust” and success would require working lengthy hours at excessive depth.

Twitter will probably be way more engineering-oriented, with individuals who write “nice code” making up nearly all of the employees, in response to Musk, who can be the CEO of Twitter. tesla Y spacex.

Elon Musk’s disastrous first weeks as Twitter CEO

A big portion of the corporate’s full-time workers have been fired by way of e-mail earlier this month by the billionaire, who accomplished the $44 billion acquisition of the San Francisco firm in late October.

He additionally hopes to get rid of an untold variety of contract jobs for these charged with stopping the unfold of false data and different dangerous content material.

A number of engineers additionally claimed on Twitter that had been let go this week because of publicly criticizing Musk on Twitter or on an inside Twitter employees message board.

Limitations on what customers can say on the positioning will probably be relaxed, in response to Musk. Though he has obtained criticism from virtually all quarters for allegedly opening the door to hate speech and different dangerous speech on Twitter, has labored to reassure advertisers, who generate nearly all of the social platform’s income, that any rule adjustments won’t hurt their manufacturers by associating them with dangerous content material.

In accordance with Musk, Twitter premium servicewhat rewards blue examine “examine” marks to paying customers $8 per 30 daysit’s going to restart on November 29. To make sure the service is “rock stable,” the billionaire acknowledged in a tweet that it might be relaunching later this month.