A Twitter poll created by Elon Musk asking whether he should “step down as head of Twitter” ended early Monday morning with most respondents voting in the affirmative.
Musk had said he would abide by the results of the poll, which began Sunday evening and concluded with 57.5% voting yes, 42.5% voting no.
Musk did not immediately react to the outcome of the vote.
The results of the poll come at a time when its business faces renewed challenges.
Since Musk completed his acquisition of Twitter in October, a number of brands have paused advertising on the platform. Musk has frequently stated that Twitter’s finances are dire.
Twitter is on pace to lose $4 billion a year after the advertiser exodus, estimates Dan Ives, analyst at Wedbush Securities.
Twitter is on pace to lose $4 billion a year after the advertiser exodus, estimates Dan Ives, analyst at Wedbush Securities.