Elon Musk shows support for embattled Twitter CEO after clash with activist/shareholder

Elon Musk publicly backed and displayed support for Twitter CEO and co-founder, Jack Dorsey, after Paul Singer, an activist shareholder in company, called for changes at Twitter, including potentially ousting its leader. Here’s what Elon Musk tweeted:

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Elon Musk and Jack Dorsey relationship

Elon Musk has been an active Twitter user and is said to be a big fan of platform. Tesla CEO also participated in Twitter’s company-wide global retreat which was held earlier in 2020 after Dorsey had requested Musk in fixing social media platform. Musk had joined event via teleconference and offered some suggestions on how company can improve platform. Elon Musk specifically advised company to work more around labelling bots as he felt that it would help m differentiate between real and fake users on platform.

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Twitter employees back company CEO with hashtag #WeBackJack

However, Elon Musk was t  only person praising Dorsey. Twitter employees also displayed ir support for ir embattled boss as y ran a hashtag, #WeBackJack. Here are some of tweets:

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Last week, Elliott Manment Corp., founded by billionaire Paul Singer, had anunced that y had taken a stake of over $1 billion in Twitter with a 4% stake in company in a move to drive more value out of social media platform. manment corporation was thus concerned about a need for Dorsey to take up a full-time position as company's CEO, rar than one where he splits his time between Twitter and Square Inc (a mobile-payments platform).

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Im credits: Instagram | Elon Musk