Elon Musk Officially Brought Twitter And Fired CEO Parag Agarwal

Elon Musk Officially Brought Twitter And Fired CEO Parag Agarwal

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Elon Musk Brought Twitter: Tesla CEO Elon Musk has achieved Twitter after a full of twistings and turns. Minutes after his acquisition, what Musk was supposed to do as the acquisition was being discussed –- terminating top Twitter executives.

 The CEO, Parag Agrawal, CFO Nel Sega, the company’s policy maker and legal head, Vijaya Gadde, and the company’s general counsel Sean Edgett. were the first administrators to be sacked from the company. 

Parag Agarwal was appointed Twitter’s CEO in November 2021 after former CEO Jack Dorsey stepped down. If Agrawal were sacked within 12 months after taking charge, he would be privileged to gain $42 million from Twitter. With Agrawal’s removal, his decade-long relationship with the company ended.

Elon Musk Reveals ‘Real Reason’ Behind Twitter Purchase 

Musk posted a letter on his micro-blogging forum. It disclosed that he accepted Twitter because he thinks that for the future of civilization, it is important to have a common digital town court where a vast range of ideas can be debated healthfully without trying to ruthlessly.

“I wanted to reach out personally to share my motivation in acquiring Twitter. There has been much speculation about why I bought Twitter and what I think about advertising. Most of it has been wrong,” said the SpaceX and Tesla CEO. Elon Musk Brought Twitter.

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Musk’s hate-hate association with Parag Agrawal

It was sure that Musk would fire Parag Agrawal as soon as he took charge. In some of his leaked chats, Musk criticized Agrawal and also mocked him for vacationing in Hawaii. Musk considered that Agarwal was not the man to run Twitter.

Before purchasing Twitter, Musk had exchanged a few chats with Agarwal, and there was no fondness even though the acquisition process had yet to start. In his texts to Agarwal, Musk said joining the Twitter board was a “waste of time.”

Conversation between Musk and former Twitter chief Jack Dorsey’s dealings with Agrawal. Leaked chats discloseDorsey tried to bring Musk and Agarwal together, but something went differently than his plan. He said: “You and I are in complete agreement… Parag is just moving far too slowly and trying to please people who will not be happy no matter what he does.” Dorsey replied, “At least it became clear that you can’t work together.”

 

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Rock
Hi, I'm Rock, the creator of TechIHD. I simplify tech news, tutorials, and reviews to make technology easy and accessible for everyone, whether you're new or a tech enthusiast.

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