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Elon Musk to step down as head of Twitter

He didn't give a name, but said: "She'll start in about six weeks!" Perhaps she will be Linda Iaccarino, head of advertising at NBCUniversal.

TSLA shareholders are happy – the stock is up 2.1% in stock trading and up another 1.6% in the over-the-counter market.

But Musk said he will still run the platform as executive chairman and chief technology officer. He will oversee product, software and system operations. So TSLA shareholders should hardly get too excited.

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