Elon Musk, the CEO of Tesla and SpaceX, has informed Twitter employees that once his takeover of the social media business is finalized, workplace standards will change. Musk stated that he greatly appreciates work ethic, tweeting “Work ethic expectations would be extreme, but much less than I demand of myself.” He continued, “I strongly believe that all managers in a technical area must be technically excellent. Managers in software must write great software or it’s like being a cavalry captain who can’t ride a horse!”
Twitter confirmed on April 25 that it had accepted Musk’s $44 billion offer and he was slated to act as the social media platform’s interim CEO last week. Glassdoor economist Daniel Zhao said that interest in working for the company has increased 263% since Musk’s proposal to take control was publicized. Zhao explained on Twitter, “Say what you will about Elon, he does have a large fanbase of ppl excited to work for him. He’s much more likely to capitalize on that attraction as CEO than owner.”
Musk has reportedly obtained $7.14 billion in funding for his $44 billion acquisition, according to a recent Securities and Exchange Commission filing.