Elon Musk told banks backing his new CEO lined up for the social network, Reuters reported Friday, but it's still unclear who it'll be. Parag Agrawal, who in November, will apparently stay until the sale is completed.that he has a
The Tesla boss also said he'd reign in executive and board pay, in addition to figuring out new ways to monetize tweets, according to Reuters, which cited anonymous sources.
During his calls with the banks, Musk also highlighted the need for influencers and celebrities to be more active on Twitter, Bloomberg reported. In a tweet in early April, he noted that many of the top accounts rarely post. Musician Taylor Swift has more than 90 million followers, for example, but hasn't tweeted since January.
Musk also told banks there may be job cuts but didn't mention specific departments or positions, according to Bloomberg.
Musk regularly tweets his ideas for to his nearly 89 million followers, and sometimes deletes them afterward. While talking to banks, he apparently suggested charging websites to quote or embed a tweet from verified Twitter profiles so the company can make money when they go viral.
In tweets that he sent and later deleted, he suggested cutting the price of theand said he wants to reduce Twitter's dependence on advertising, Reuters noted.
Twitter declined to comment on the reports.