2 ms·
Im thinking a bit more outside a straight fight. Think creatively for a second - class action lawsuits, SEC investigations, etc. Elon won’t even have to fight
by MR4D 4y ago
Im thinking a bit more outside a straight fight. Think creatively for a second - class action lawsuits, SEC investigations, etc.
Elon won’t even have to fight the battle let alone win it. Others may (note “may”, not “will”) do it for him.
EDIT:
Here’s one finding on fraud in an M&A transaction that also adds to Elon’s leverage: https://www.huntonak.com/en/insights/de-court-addresses-fraud-claims-in-manda-no-recourse-transaction.html https://www.huntonak.com/en/insights/de-court-addresses-frau...
- monkeydreams 4y agoElon's conduct and prior tweets will likely come back to bite him if a) Twitter can demonstrate Elon had already assumed a level of bot activity on Twitter and b) that he knew this prior to making his offer. If my memory serves me I think Elon has previously commented negatively on Twitter's management of bot accounts. This, combined with Elon's apparent lack of willingness to engage in a professional and appropriate manner (i.e. his willingness to publicly disparage Twitter during negotiations and closure, and to respond to what appear to be good-faith responses with childish responses like poop emojis) along with his past behaviour, suggest to me that a judge might find it difficult to believe that Elon entered into the purchase contract in good faith and instead might find it easier to believe that he was entering into the agreement in order to extract value from Twitter at Twitter's expense.