“I have to stabilize the group and simply be sure that it’s in a financially wholesome place in that the product roadmap is clearly laid out,” Musk stated through video hyperlink on the World Authorities Summit in Dubai, as reported by Bloomberg. “I’m guessing in all probability in direction of the tip of the yr can be good timing to search out another person to run the corporate.”

“I believe it must be in a secure place across the finish of this yr,” Musk stated. He didn’t provide any indication of who might be in line to take the position, however following the interview posted a joke photograph of his canine Floki sitting at a desk with the caption “The brand new CEO of Twitter is superb.” Numerous publications together with Bloomberg and CNBC have reported {that a} CEO hunt has been underway in latest months, however potential candidates stay elusive (listed below are our knowledgeable guesses). 

Since conducting a ballot on stepping down as Twitter CEO in December, Musk has not beforehand supplied any concrete indication on precisely when he may accomplish that, noting solely that he deliberate to depart the position after he discovered “somebody silly sufficient to take the job.” He has stated he plans to proceed to run Twitter’s software program and servers groups after resigning the CEO place.

The World Authorities Summit additionally coated Musk’s plans for Twitter extra usually, together with his ambitions to cut back misinformation on the platform. You may watch the entire interview under, or skip forward to Musk’s response about stepping down as CEO, which begins at across the 15 minute mark.