Tesla Inc (NASDAQ:TSLA) CEO Elon Musk, now a major shareholder of Twitter Inc (NYSE:TWTR), asked his 80.3 million followers on the platform if they wanted an “edit button.”
What Happened: Musk posed the question in a poll, which he posted on Monday night.
By press time, 157,820 votes had been cast on the poll. 76.8% of those polled voted “yse”, while 23.2% voted “on.”
The misspelled “yse” and “on” appear to be Musk’s way of suggesting the need for such a feature.
See Also: How To Buy Twitter (TWTR) Shares
Why It Matters: A Monday filing with the U.S. Securities and Exchange Commission indicated that Musk had acquired a 9.2% stake, worth $2.89 billion, in Twitter.
Earlier in the month, Musk had said he was giving serious thought to creating an alternative to the Jack Dorsey-founded social media platform.
The electric vehicle and space entrepreneur asked his followers in another poll earlier if Twitter should make its algorithm open source; an overwhelming majority voted in favor.
Twitter CEO Parag Agrawal said "the consequences of this poll will be important. Please vote carefully."
Price Action: Twitter shares rallied 27% to $49.93 in the regular session on Monday. The shares traded 1.2% higher at $50.52 in the after-hours trading. On the same day, Tesla shares closed 5.6% higher at $1,145.45 in the regular session and fell 0.5% in the after-hours trading, according to Benzinga Pro data.
Read Next: Biggest Shareholders Of Twitter Stock After Elon Musk? Here Are The Top 10
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