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Elon Musk ‘Terminating’ Deal To Buy Twitter—Platform Plans Legal Action
submitted 1 year ago by meisthebigdumb from forbes.com
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[–]Masterblaster 6 insightful - 2 fun6 insightful - 1 fun7 insightful - 1 fun7 insightful - 2 fun - 1 year ago (0 children)
One theory I read was that Elon never intended to buy Twitter, he just wanted an excuse to sell $8 billion Tesla stock without tanking the share price.
Although if that were true, I would expect him to have language in his initial contract that would make it easier for him to walk away from the deal.
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[–]Masterblaster 6 insightful - 2 fun6 insightful - 1 fun7 insightful - 1 fun7 insightful - 2 fun - (0 children)