Elon Musk voices support for Twitter CEO Jack Dorsey amid reports of his removal from the position

Tesla CEO Elon Musk extended his support to Twitter CEO Jack Dorsey, in light of media reports suggesting plans for his removal by the company’s latest activist investors.

“Just want say that I support @Jack as Twitter CEO. He has a good (heart),” the billionaire had tweeted from his official account on Tuesday.

Elliott Management Corp, a US-based hedge fund with an activist approach had amassed a major stake in Twitter Inc, Reuters reported on Friday. The stake is in the 4-5 per cent range, reported TechCrunch.

Post investment, the hedge fund is now seeking to make some major changes within the company including removal of the social media giant’s CEO, Jack Dorsey according to the Reuters report.