Elon Musk says he will resign as Twitter CEO when he finds a ‘foolish enough’ replacement

This is the first time the platform's new owner has indicated he will pull back after calls for his ouster grew

Elon Musk said on Tuesday that he will not step down as chief executive of the company until he can find a suitable replacement, citing the state of the company's finances as a reason to delay his promised departure.

I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams," Musk tweeted, before joining a Twitter livestream to discuss the company's situation with a former intern.