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Elon Musk responds to reports of his search for a new Twitter CEO
Elon Musk responded to the reports of him actively searching for a new Twitter CEO. Citing sources, CNBC reported that Elon Musk is looking for a new CEO for the social media platform. On Sunday, he asked Twitter users if he should step down as head of the company and would abide by the results of the poll.
Elon Musk’s response to the report was two laughing emojis which could mean anything.
🤣🤣
— Elon Musk (@elonmusk) December 20, 2022
When Sunday’s Twitter poll ended, the vote favored him stepping down as head of Twitter. CNBC also noted that malicious bots or inauthentic accounts could also respond to Twitter polls.
Global consumer and voter research company, HarrisX, found that a majority of Americans want Elon Musk to remain as Twitter’s CEO in an overnight poll ran from December 18-19. The survey was conducted among 1,028 adults and 429 Twitter users, HarrisX said.
“The findings of the study debunk the results of Elon Musk’s Twitter poll on whether or not he should step down as CEO, and provide a representative, statistically-relevant perspective of what Twitter users and Americans think of his leadership. A majority would like Mr. Musk to remain on as head of Twitter, with over 6 in 10 Twitter users expressing that sentiment,” said Dritan Nesho, CEO of HarrisX and chief researcher.
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Sunday’s Twitter poll results do not mean that Elon Musk is stepping down from his position immediately, but it does serve as a reminder that his position as CEO was planned to be temporary.
In May, it was reported that Elon Musk would be Twitter’s CEO temporarily once he finalized the purchase of the platform.
In November, Elon Musk testified in a case and said that his position as CEO of Twitter was only temporary. He also said that he doesn’t want to be CEO of any company, and this is something he’s said several times in many different interviews.
Based on his testimony and the earlier report, it is expected that Elon Musk is looking for a replacement. However, that replacement will need to meet the standards he has set in place, which, in his own words, are:
“The question is not finding a CEO, the question is finding a CEO who can keep Twitter alive.”
He added that no one wants the job who can actually keep Twitter alive. “There is no successor.”
No one wants the job who can actually keep Twitter alive. There is no successor.
— Elon Musk (@elonmusk) December 19, 2022
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Research scientist at MIT and artificial intelligence expert and podcast host, Lex Fridman offered to volunteer for the position with no salary. Fridman, who often speaks of spreading love and kindness, has interviewed Elon Musk and several other CEOs, politicians, and experts on various topics.
Fridman offered to run Twitter with no salary. “All in. Focus on great engineering and increasing the amount of love in the world. Just offering my help in the unlikely case, it’s useful.”
Elon Musk responded, noting that Fridman must like pain. “One catch: you have to invest your life savings in Twitter, and it has been in the fast lane to bankruptcy since May. Still want the job?”
Yes. We'll turn it around.
— Lex Fridman (@lexfridman) December 18, 2022
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Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
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Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
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The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?
Elon Musk updates the SpaceX timeline for Mars
SpaceX gets an absolutely crazy price target after rough IPO
