He can't terminate for $1B after disparaging Twitter. It's in the contract.Looks likeMuskTesla shareholders will have to pay one billion.
If course. He waived DD and signed specific performance clause. And anti-disparagement clause that says he can't terminate even for $1B if he is in breach by talking trash about them.
I think people shouldn’t underestimate how much he can escape from this through litigation but it does seem like it will cost him.If course. He waived DD and signed specific performance clause. And anti-disparagement clause that says he can't terminate even for $1B if he is in breach by talking trash about them.
We'll see what happens. He's going to try to get Texas AG to go after Twitter to blackmail them into letting him out of the deal.I think people shouldn’t underestimate how much he can escape from this through litigation but it does seem like it will cost him.
I think it’s very unlikely he will be forced into the deal he signed. I’m not sure what that other agreement will be but I don’t think it will be favorable for him.We'll see what happens. He's going to try to get Texas AG to go after Twitter to blackmail them into letting him out of the deal.
He might be forced into it. There's case law to that extent.I think it’s very unlikely he will be forced into the deal he signed. I’m not sure what that other agreement will be but I don’t think it will be favorable for him.
Yeah, I suspect a very large settlement, but not the 44B takeover.I think it’s very unlikely he will be forced into the deal he signed. I’m not sure what that other agreement will be but I don’t think it will be favorable for him.
Looks like he is walking away. I suspect this is as ll about negotiating strategy.
Twitter says they're going to try to force the deal.
Elon Musk Notifies Twitter He Is Terminating Deal
“Twitter has not complied with its contractual obligations,” an attorney for Musk wrote.www.nbcconnecticut.com
He's a brilliant and audacious con man and a master of financial leverage.As smart as Musk is supposed to be, I'm not buying it. He's a puppet for some South African Oligarchs. He must be.,
He is almost CONSISTANTLY wrong on EVERYTHING except the 3 things that made him money.
Maybe he's not actually behind ANY of that except in name only?
Just a guess. I have no evidence to support this except how painfully fucking stupid he is.
Just listening to him is painful.
I'm no fancy business expert, but I believe you're supposed to negotiate terms before you sign the contract.Looks like he is walking away. I suspect this is as ll about negotiating strategy.
Twitter says they're going to try to force the deal.
Elon Musk Notifies Twitter He Is Terminating Deal
“Twitter has not complied with its contractual obligations,” an attorney for Musk wrote.www.nbcconnecticut.com
I suspect that Musk is short funds to close the deal.I'm no fancy business expert, but I believe you're supposed to negotiate terms before you sign the contract.
I suspect that Musk is short funds to close the deal.
It wasn't just Elon financing the deal. The majority of the money for the deal came from sources other than Elon.
The majority, really?
"Musk is on the hook to pay $33.5 billion in cash"
Elon Musk's Twitter deal threats put new financing on ice, sources say
Elon Musk's efforts to arrange new financing that will limit his cash contribution to his $44 billion acquisition of Twitter Inc have been put on hold.www.cnbc.com
Far from it, unless you can provide sources to back that claim. Otherwise you are just spewing BS.
Yes but they might not be legally bound to finance it if he tries to weasel out of a contract. Musk is the one legally bound. Whether his financiers are is to be determined.Less than half would have been his own money. And he was still finding new capitol investors and bank loans.
Elon Musk has brought in new investors to fund his Twitter deal, a filing shows. (Published 2022)
The filing lists a number of investment firms and other backers who will contribute $7 billion to the deal.www.nytimes.com