The article quotes a shareholder rallying behind Musk's offer as justifying his support for Mr Musk's personal involvement.
The article includes quotes from shareholders such as “He has an established track record at Tesla,” and “He is the catalyst to deliver strong operating performance at Twitter.”
I'm not aware of a single instance where shareholders were excited by the prospects of the new owner delegating managent to a random unknown employee.
Twitter’s biggest moves since its inception aside from TOS/legal/anti-evil have been character count, ads, timeline algorithm, gifs/videos/polls, and connecting NFTs to your avatar. Nothing groundbreaking on the user side.
Musk could get kudos for simply hiring an intern to add an “edit button” as he’s already hinted at.
I look forward to seeing who Elon pickes to replace all board members and executives at twitter
I would assume he would smile and laugh just like the rest of us non-authoritarian left people (we are the majority) as the Left drives itself insane with non-sense like what you just claimed....
He doesn't need to spend much time with his companies to damage them.
Couple of questions spring to mind:
1. Can you define "damage"?
"Elon Musk poised to collect $23bn bonus as Tesla beats targets" [0]
"Tesla reported record revenue and profits for the first quarter of 2022 [..]"[1]
2. Would you say the current management of Twitter are doing a good job on behalf of their shareholders?
"Twitter misses ad revenue and user growth estimates; revenue forecast light"[2]
[0] https://www.theguardian.com/business/2022/apr/21/elon-musk-s...
[1] https://www.forbes.com/sites/mattdurot/2022/04/20/elon-musk-...
[2] https://www.reuters.com/technology/twitter-misses-ad-revenue...
You think Elon Musk created two of the most valuable companies in the world without being good at delegating?
I think pretty highly of him, but not that highly.
Aside from a supposed pedestrian tunnel in Texas and that Tesla demonstration tunnel in Las Vegas, Boring Company has delivered 0 tunnels. Pretty sure it was started for meme potential only.
Oh, and the “flamethrower”
But it could also be another Theranos.
I’ll leave the guessing to other people.
How much time he can spend is a much bigger question if he’s being hired to run the joint.
I doubt that he plans to run Tw himself. Tw’s problem is that it is run by ideologues. To remove the ideologues is the main goal of this entire move. That step alone would probably double the value of the company.
In my experience, in terms of moderation, it's mostly run on autopilot. Humans, if they're involved at all, have very little time for individual decisions and how often someone is reported seems to be the most important metric for their decision.
Elon is already at the limits of his hours on a daily basis to devote to things with SpaceX, Boring Company, Tesla, etc.
Picture it this way, Twitter is your startup and Elon proposes to buy you out. Would you not question how much time we would devote as part of the buyout talks?