This is exactly what someone who hasn't read the art of war, the art of the deal, and 12 rules for life would say. Elon is a tactical mastermind, please try to keep up.Those tweets in the OP are obnoxious even by Musk standards which is really saying something. And to resurrect Chuck Norris, lord. He's really the cringelord extraordinaire.
Not enough people are talking about how much of a dumbass Jack looks in all of this
Musk never actually intended to buy twitter for $44 billion. He tried to outsmart the room to drive up his own stock (probably taking a cue from Trump) and ended up tanking Tesla and tried to weasel his way out of it.
Not enough people are talking about how much of a dumbass Jack looks in all of this
Perfect response-exactly what I wanted to know. Thank you.1. Court orders Musk to pay damages to Twitter (in the neighborhood of $1-2 Billion) and Twitter stays public and independent of Musk
2. Court orders Musk to go through the deal, Twitter is sold to him for $44 Billion, and he's out tens of billions of dollars.
3. In an attempt to avoid the above two options, Twitter and Musk come to an agreement to either
3a. Sell Twitter to Musk for less than $44 Billion, or
3b. Let Musk abandon the deal but pay more than #1-2 billion
from bsigg in the other threadI don't even understand the issue, didn't Twitter say they would hand over all of their data regarding bots(exactly what musk was asking for)? This is all on Musk if so, no way he wins
fucking clownshoes muskTwitter provided Musk a detailed explanation of how Twitter samples for bots back in May and Musk didn't read it but then went on the tirade about BOTS!!!!!!!!!!!!! because he saw Tesla shares slipping.
That number is very conservative. It's probably way more consider Musk's meddling caused stocks to tank.1. Court orders Musk to pay damages to Twitter (in the neighborhood of $1-2 Billion) and Twitter stays public and independent of Musk
2. Court orders Musk to go through the deal, Twitter is sold to him for $44 Billion, and he's out tens of billions of dollars.
3. In an attempt to avoid the above two options, Twitter and Musk come to an agreement to either
3a. Sell Twitter to Musk for less than $44 Billion, or
3b. Let Musk abandon the deal but pay more than #1-2 billion
That would be a bad idea.
That number is very conservative. It's probably way more consider Musk's meddling caused stocks to tank.
Market cap is currently about $26 billion, so maybe around $30.What's the expected price Twitter would go for today? I imagine any settlement or damages amount would have to be significantly less than what he would lose if he consummated and quickly re-sold, otherwise he would rather just do that.
a 1 billion dollar breakup fee doesnt actually exist here. He's legally bound to pay the full value he agreed to. The only way he escapes it is if Twitter decides to settle, and in that case they're not going to settle for anything less than 10 billion.Pretty meh. Most likely Musk will end up paying the 1b break up fee, even though he liquidated 8.5b in Tesla stock without the share price tanking..
I was around TV with Fox News and they were showing the Musk memes and cracking up. Talking about how brilliant and funny he is. I felt the urge to retch.Haha, I love how his recent dumb memes are part of the lawsuit. 😂
Market cap is currently about $26 billion, so maybe around $30.
The fact that Twitter included Musk tweets in this leads me to think they wont be seeing to sell to him, but to try and drag him over coals for fraud/damages pay out
I hope so. Either that or it's the weirdest CEO courtship ever.
"Look at this jackass!" Please buy us senpai.
Normally I would think this is going nowhere and he'll get off with a slap on the wrist but here we are talking about a rich person being sued by other rich people so he may very well get fucked and I hope he does.
Him devaluing the company is exactly why this board would want to force him to buy it at the agreed upon price.I can't fathom a board wanting this sale anymore when he's completely devalued the company from his antics. I'd be doing everything to make an example out of him
Him devaluing the company is exactly why this board would want to force him to buy it at the agreed upon price.
I mean sure, getting paid is good but then they also remain on the board of a company run by a guy who could care less. It's a real catch-22 here. In every situation short of Musk going bankrupt, he kind of wins
I mean sure, getting paid is good but then they also remain on the board of a company run by a guy who could care less. It's a real catch-22 here. In every situation short of Musk going bankrupt, he kind of wins
Most (or perhaps even all) of them will not remain on the board. Why would they?I mean sure, getting paid is good but then they also remain on the board of a company run by a guy who could care less. It's a real catch-22 here. In every situation short of Musk going bankrupt, he kind of wins
Private companies can have boards as well.