Additionally, 75% of executives indicated they did not think the firm would be more valuable in five years, and 69% of CEOs said they thought Twitter’s finest days were behind it.The poll was administered last week at the Yale CEO Summit, which was by invitation only. Attendees were secretly surveyed during the event, which featured prominent CEOs from the IT, transportation, and financial sectors, on a range of business issues, including Musk’s Twitter acquisition.Many of the executives also expressed worries about Twitter advertising, which generated 90% of the business’s income the previous year. 56% of the CEOs surveyed said that businesses should cease using Twitter for advertising, and 100% believed that CEOs should be concerned if their brands are connected to hate speech. Although Musk has claimed it has reduced, 65% of respondents stated their business hasn’t yet removed its advertisements from the social media platform, which apparently experienced an increase in hate speech in the days after Musk’s takeover.While 98% of the CEOs concurred that the billionaire overpaid for Twitter when he paid $44 billion in October, Twitter was bought by the billionaire.Insider’s Melia Russell recently reported that several tech entrepreneurs aim to mimic the work Musk has done during his crackdown at Twitter, from large layoffs to demands for employees to work very intense. Musk looks to have lost favour with some CEOs at the Yale CEO Summit, though. Tech entrepreneur Daniel Friedberg stated last month that Musk’s Twitter approach may establish a new benchmark for Silicon Valley – cut deep.
     Source : CNBCMusk has hinted that his time devoted to Twitter may be coming to an end following many turbulent weeks in the role of Chief Twit. After 57.5% of Twitter users who participated in a poll on whether he should step down voted for Musk to quit as Twitter CEO, Musk announced on Tuesday that he will stand down as CEO of Twitter as soon as he finds someone foolish enough to succeed him. He did, however, add that, even if he were to step down as CEO, he would continue to oversee the software and server teams at Twitter, which would be a significant and time-consuming task.Some people could be relieved if Musk were to resign in the future. A number of Tesla stockholders have voiced worry that the CEO of the automaker is becoming too distracted by Twitter. Additionally, Leo KoGuan, Tesla’s third-largest shareholder, stated last week on Twitter that the company needs and deserves to have a functioning full-time C.E.O.The shares of the electric car manufacturer has fallen more than 50% this year. However, the prospect of Musk resigning as CEO of Twitter on Monday seemed to boost shares of the EV business. In the previous 14 months, the billionaire sold Tesla shares valued at close to $40 billion.Share your thoughts with us in the comments.

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