
By Ambar Warrick
Investing.com-- Elon Musk said on Tuesday that only subscribers to Twitter’s Blue subscription service will be eligible to vote on future policy decisions by the platform, shortly after an overwhelming majority of users voted in favor of his ouster as CEO.
Responding to a tweet suggesting he enact such a voting policy, Musk agreed and said “Twitter will make that change.”
The move comes just a day after nearly 58% of 17.5 million users voted “Yes” to a poll by Musk over whether he should step down as the head of the social media platform. Musk said he would “abide” by the results of the poll.
The Tesla Inc (NASDAQ:TSLA) chief executive, who bought out Twitter earlier this year, has said that all major policy decisions for the social media site will be decided by public vote. The potential limiting of only verified accounts to voting in these polls will likely reduce the number of participants.
It also provides more incentive to subscribe for the verification service, which was recently relaunched by Twitter after a disastrous rollout in November, which saw a spike in impersonators and fake accounts on the social media platform.
The Twitter Blue subscription service offers users a blue check on their profile and several other features, including the ability to edit tweets. Block and Mute actions by Blue users will also be incorporated into the platform as downvotes.
Musk garnered renewed controversy over his buyout of Twitter after the site had last week suspended the accounts of several prominent journalists who were perceived to be critical of the Tesla CEO. The site had also suspended accounts that tracked the real-time locations of public figures, most famously one that tracked Musk’s private jet.
But Twitter had then restored the journalist accounts after widespread backlash against their suspension. The site also restored the accounts tracking his real-time movements after a series of polls by Musk showed users voting heavily in favor of their restoration.
The Tesla CEO has attracted ire from shareholders over allegations that he is neglecting his duties at the electric carmaker. Musk also drew flak for selling over $3 billion worth of Tesla shares last week, despite repeated assurances that he would not do so.
Begin trading today! Create an account by completing our form
At One Financial Markets we are committed to safeguarding your privacy.
Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.
Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.
Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.
By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.