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Replace: 5/12 12:16 pm est: Elon Musk has confirmed Linda Yaccarino as the brand new Twitter CEO
A brand new report from the Wall Avenue Journal has recognized the possible candidate for the Twitter CEO place, serving to keep the Tesla inventory rally that started yesterday.
With many Tesla buyers believing that Elon Musk has been distracted by his work at Twitter, it’s no surprise that the automaker’s inventory rallied following the information of a brand new Twitter CEO taking the helm. Now, in response to a brand new report from the Wall Avenue Journal (WSJ), the brand new CEO has been recognized, additional fueling the Tesla inventory rebound.
Based on the report from the WSJ, Linda Yaccarino will take Musk’s place as Twitter CEO within the coming six weeks. Yaccarino was most just lately a high govt for NBC Common and the Advert Council, focusing particularly on advertising and marketing for the main media retailers. Now, she’s going to reportedly be taking the wheel at Twitter, serving to the social media large regain its footing and work towards profitability.
Elon Musk has since confirmed that Yaccarino would be the new Twitter/X CEO.
I’m excited to welcome Linda Yaccarino as the brand new CEO of Twitter!@LindaYacc will focus totally on enterprise operations, whereas I concentrate on product design & new know-how.
Trying ahead to working with Linda to rework this platform into X, the all the pieces app. https://t.co/TiSJtTWuky
— Elon Musk (@elonmusk) Could 12, 2023
Reactions to the brand new Twitter CEO from Twitter customers have been blended. Many have applauded the return to company normalcy, with a extra tame enterprise chief taking the helm. Furthermore, many believed Yaccarino to be the perfect candidate to assist lure advertisers again to the platform following the exodus earlier within the 12 months. Nonetheless, others haven’t been as enthralled with the brand new “Chief Twit.”
Some Twitter customers, as seen beneath, consider Yaccarino may reverse most of the insurance policies that Elon Musk has put in place which have made free speech a tenet on the platform. Assuring customers, Elon Musk has responded to a number of considerations posted on Twitter, shortly stating that insurance policies will possible stay as they’re.
That won’t be the case
— Elon Musk (@elonmusk) Could 12, 2023
As for Tesla inventory, after leaping considerably within the later a part of yesterday’s buying and selling, the inventory has continued to rally, if at a barely slower tempo. With the general public announcement of Linda Yaccarino as Twitter CEO possible simply across the nook, some consider Tesla inventory might bounce once more within the coming weeks.
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