Elon Musk will no longer hold a question and answer session with Twitter Inc employees. this week because he no longer sits on the board of directors at the social media company.
Elon Musk will no longer hold a question and answer session with Twitter Inc employees. this week because he no longer sits on the board of directors at the social media company.
The world’s richest man was scheduled to join Twitter CEO Parag Agrawal for an “ask me anything” meeting with Twitter employees after the company announced last week that Musk had acquired more than 9% shares and will join the board of directors. .
But the meeting was canceled after Musk decided not to take the seat. Employees have a Monday off for a regular monthly rest day provided by the company. The break comes at the right time as some have described the vibe as “incredibly stressful”, with staff “working together to help each other get through the week.”
Anyway, Twitter employees had mixed feelings about joining the meeting with Musk. It could clarify whether Musk plans to be friendly or hostile to his shares, but it could also raise more questions about how to react to his whims. Over the past week, his ideas have ranged from prominently promoting Twitter’s subscription service to turning part of its headquarters into a homeless shelter.
By inviting Musk to join the board and speak to employees, Agrawal gave the impression that the relationship would be amicable. But the sudden change of heart to the chair has sparked new speculations about Musk’s intentions. By not being on the board, Musk is no longer subject to a deadlock agreement that would have capped his stake at 14.9%.
Agrawal warned of “distractions ahead” in his note on Sunday. One employee expressed concern that Musk was “just getting started, unfortunately.” Many employees described the situation as a “sh-t show.”
