Since Musk took control of Twitter, he has begun an ambitious revamp of the social-media firm’s operations, which included sweeping layoffs and radical cost-cutting measures like not paying rent for Twitter’s offices.
On Sunday, Musk asked his Twitter followers if he should step down as CEO, vowing to abide by the results. Tesla stock soared 2% on Monday after Musk’s poll showed 57.5% of respondents asking him to call it quits at Twitter.
Munster added he believed Musk would follow through with the poll results, despite dumping nearly $40 billion in Tesla stock over the past 14 months.
“Underneath this is his personal approach of doing things different. It’s obviously unorthodox for a CEO to put his job up for votes, and I think Elon just enjoys doing that,” he said.