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And also that Elon clearly no longer wants to buy Twitter,at least for the price he proposed, so this is just him trying to find a way out. This is going to en
by kmonsen 4y ago
And also that Elon clearly no longer wants to buy Twitter,at least for the price he proposed, so this is just him trying to find a way out.
This is going to end horribly for Twitter and some sort of slapp on the wrist for Elon.
- invig 4y agoHow is that clear? Has he said it?
- shuckles 4y agoHe's said the deal was off unless he's convinced by Twitter's bot numbers [1], which isn't a condition of the deal, so, yeah basically he's said he doesn't want to buy. [1] https://twitter.com/elonmusk/status/1526465624326782976 https://twitter.com/elonmusk/status/1526465624326782976
- invig 4y agoThat's not what that Tweet says.
- shuckles 4y agoThe tweet says he's not moving forward on the deal unless Twitter provides evidence that their monetizable user metric, which is not an estimate of bots, is accurate. Producing that evidence is not a contingency in the deal, so Elon is threatening to fail to perform, i.e. he doesn't want to buy Twitter under the negotiated terms.
- invig 4y agoHe said: "My offer was based on Twitter’s SEC filings being accurate." Which is a valid statement, SEC filings are _required_ to be accurate. And you've interpreted: "Producing that evidence is not a contingency in the deal". Which doesn't make a whole lot of sense. He never said he didn't want to buy it under the negotiated terms, he said he wants to be able to _verify_ that what the company says is accurate.
- glenngillen 4y agoHe’s managed to get to almost cartoonish levels of disregard for the rule of law. Skilfully deploying them to his advantage when needed, but ignoring completely when they’re inconvenient. All seemingly in the knowledge that he’s now beyond any enforcement.