Twitter CEO Parag Agarwal has said that Elon Musk’s advice will always be welcome in the company.
Tesla CEO Elon Musk has decided not to join the board of social media platform Twitter. There was talk of Musk joining the board ever since he bought a stake in Twitter. But today Twitter CEO Parag Agarwal said in a tweet that Musk has refused to join the Twitter board. However, Agarwal has said that Musk’s advice will always be welcome in the company.
Why did Elon Musk spell Yes and No wrong? How is this mistake related to the demand for edit button on Twitter? What is this story after all?
What did Parag Agarwal say?
Agarwal wrote in a note to the company, “Allen’s appointment to the board was to be officially effective from April 9, but Allen said the same morning that he would no longer be on the board. I hope he has taken this decision for the better.” Agarwal shared this note on Twitter. He added, “Alan is our biggest shareholder and we always welcome his advice.”
The Twitter CEO said that the company’s board had discussed the appointment of Musk last week and that he was to join as a board member on Saturday. However, Musk explained his decision not to join the board on the same day. Aggarwal further wrote in the note, “The board and I discussed about Allen joining the board and have also spoken directly to Allen about this. We were excited to collaborate and were also clear about the risk. Musk also believed in the presence of a responsible person in the company, where he, along with other board members, would work in the best interest of the company and our shareholders.”
Elon Musk bought 9.2% stake in Twitter, what is the plan of the world’s richest person?
Musk gave many suggestions to Twitter
Last week, Musk accepted the position and said he would make “significant improvements to Twitter in the coming months.” On Saturday, the day Musk was to join Twitter’s board, he suggested changes to Twitter Blue premium subscription services, including reducing its price and banning advertising, as well as giving Twitter Blue users a verified account. Was. He also suggested giving Twitter Blue users the option to pay for subscriptions in the cryptocurrency Dogecoin.
Musk has a 9.2 percent stake in Twitter
Elon Musk holds a 9.2 percent stake in Twitter. Musk has bought about 7.35 million shares of Twitter and is also the largest shareholder in the firm. This is more than four times the share of Twitter founder Jack Dorsey. Musk is very active on Twitter, but he has also criticized the social media giant Twitter several times.