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Tesla Inc (NASDAQ:TSLA) CEO Elon Musk will lead Twitter after having purchased the company last Thursday.
What Happened: Musk disclosed his new position in a filing made with the U.S. Securities and Exchange Commission on Monday.
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The entrepreneur is also involved with The Boring Company and Neuralink and he is also the CEO of SpaceX.
See Also: Best Technology Shares Right Now
Why It Matters: A separate filing indicated that Musk became the sole director of Twitter after purchasing the Jack Dorsey-led platform.
After taking over, Musk fired Parag Agrawal, the CEO of Twitter, and some other key executives such as CFO Ned Segal and legal affairs and policy chief Vijaya Gadde.
Musk declared himself the “Chief Twit” of Twitter in an apparent signal that he would appoint himself the interim CEO.
Read Next: Twitter Could Reportedly Lose Up To 25% Or More Workforce After Musk's Takeover
Photo courtesy: Thomas Hawk on Flickr
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.