BREAKING: Tesla CEO Elon Musk won't be joining Twitter's board of directors as previously announced.
Twitter CEO Parag Agrawal tweeted the news, which followed a weekend of Musk tweets suggesting possible changes to Twitter, including making the site ad-free. Nearly 90% of Twitter's 2021 revenue came from ads.
"Elon's appointment to the board was to become officially effective on 4/9, but Elon shared that same morning that he would not be joining the board," Agrawal wrote in a reposted note originally sent to Tesla employees."I believe this is for the best." Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here.
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