Elon Musk isn’t joining the Twitter Board. The Tesla CEO was slated to join the micro-blogging site on 9 April Saturday but he informed Twitter the same morning that he won’t join, said Twitter CEO Parag Agrawal.
• Tesla CEO Elon Musk had many discussions with Twitter over joining its board
• Elon Musk informed the company about his decision not to join the Twitter board on the day of joining
• The micro-blogging site was excited about his entry after his recent tweets
• Elon Musk toyed with radical ideas like converting Twitter headquarters into a shelter home
Why Was Twitter Bringing Elon Musk To Its Board?
According to the company it considered Elon Musk as a fiduciary of the company and expected him to add value to it with his ideas of radical change. Twitter CEO Parag Agrawal formally informed its shareholders about Elon Musk joining the board on April 5 but the Tesla CEO decided not to join the board and remain a shareholder. It is to be noted that Elon Musk is the biggest shareholder in Twitter.