A new Platformer report suggests that The Boring Company CEO Steve Davis could become the new CEO of Twitter, replacing Elon Musk.
Shortly after acquiring Twitter last year for $44B, Musk told a court that he expected to reduce his time at the helm and would find someone else to run the company.
Some Tesla employees now believe Davis could take over after he helped oversee recent job cuts at Twitter.
- According to Platformer, Davis asked Twitter managers to identify "exceptional" workers ahead of the layoffs, which occurred on Saturday.
- Davis has also become more involved in Twitter and was tasked with cutting roughly $500M in operating costs at the company, though reports said he ended up cutting close to $1B.
- Davis, who has been CEO of Musk's Boring Co. since 2019, slept at Twitter's San Francisco HQ in a makeshift bedroom in his office for several weeks, along with his partner and newborn child.
Musk fired former CEO Parag Agrawal as soon as he took over Twitter in late October.
- In December, Musk confirmed that he would eventually resign as CEO as soon as he finds "someone foolish enough" to take on the role.
- Recently, Musk said he would likely appoint a new Twitter CEO toward the end of this year, as he still needs to "stabilize the organization and just make sure it’s in a financially healthy place and that the product road map is clearly laid out."
