Categories: MarketNews

Elon Musk takes control of Twitter, fires CEO Parag Agarwal

The tweet came after Elon Musk and Jack Dorsey, CEO of Twitter, met at the National Governors Association meeting in Providence this week. The two discussed how they could work together to improve the platform and spur growth. This ultimately led to Elon Musk taking over all of Twitter’s responsibilities and firing Parag Agarwal.

Agarwal had been on Twitter’s board of directors since 2015 but was not involved in its day-to-day operations. He also did not have any hand in its decisions or who it hired as CEO.

Tesla CEO Elon Musk took over as CEO of Tesla Motors in 2004 and then became chairman in 2006 before becoming CEO again in 2008 when he took over from Martin Eberhard who resigned from the position due to his health issues.’

Elon Musk finally got full control over Twitter, firing CEO Parag Agarwal

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Elon Musk has finally taken control of Twitter, and he’s not wasting any time. He fired the company’s CEO yesterday and replaced him with himself.

The move comes just after months of speculation that Musk would take over for Agarwal, who had been running Twitter since 2015. The company had grown stagnant under Agarwal’s leadership and was facing criticism from investors and users alike, who were fed up with the lack of innovation on the platform.

In his first tweet as CEO in 15 years, Musk promised to make changes to Twitter’s policies, including ending its ban on cryptocurrency ads and creating an independent board to oversee its operations. “I’m excited to be back,” he said in a statement released by the company at the same time as his tweets went live. “I’ve missed building cool things.”

But it wasn’t long before some users started pointing out that they weren’t seeing any changes yet—and that they’d

Elon Musk took over Twitter on Monday, firing CEO Parag Agarwal and appointing himself as the company’s new CEO.

In a blog post on Tesla’s website, Agarwal said he was “deeply disappointed” to learn that Musk had taken over his role at Tesla, calling him a “great leader.” The blog post also revealed that Agarwal had been given one week to vacate his office and leave the company.

Agarwal said he would be working with Tesla’s board of directors and senior leadership team to ensure a smooth transition for everyone involved.

Elon Musk took to Twitter today to announce that he will be taking over as CEO of the social media platform. Musk plans to refocus Twitter on the core values of innovation and productivity and will make significant changes to how the site operates.

In a video posted on his personal Twitter account, Musk said that he was “going to be taking control of [Twitter] to improve its performance.” He added that “the product will not change,” but that he would make changes within the company.

Elon Musk fired the CEO of Tesla in March.

It’s not clear why he did it, but it’s clear that the decision has cost Tesla plenty. The company has struggled to turn a profit since then, and the stock price has fallen by more than 50% since then.

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