5 ms·

So, “I agree to do what I already agreed to do as long as you stop suing me for it”?

by nrmitchi 4y ago

kjs3 4y ago
Spot on...the first thing I thought was 'really...he started listening to his lawyers?'.
- LiquidSky 4y ago
  He was set to be deposed this week. I'm guessing his advisors finally got through to him that he's fucked and dragging out the trial will only further publicly humiliate himself and potentially open him to even more consequences. Musk finally has to face reality, for once.
  - LightG 4y ago
    Yup, take a $44b tesla share price and/or reputation hit, or pay $44b and at least have an asset to show for it. Actually, scratch the reputation bit. That's already toast. Kudos to Twitter. Checkmate.
    - rchaud 4y ago
      More like kudos to Musk's lawyers for creating several months' worth of billable hours out of trying to poke holes in a "I agree to buy it sight unseen, no refunds" contract.
- bena 4y ago
  Yeah, isn't this effectively a complete win for Twitter concerning the lawsuits? If you're Musk or an apologist, how do you spin this in a way that doesn't say "Yeah, they were completely right and I had no basis for my claim"?
  - kjs3 4y ago
    Probably something like "I no longer have time to fool around with trivial things like Twitter. Ignore it ever happened, since I'm now using my vast intellect teaching world leaders how to end their wars".
    - phatfish 4y ago
      He's already ruled out shoehorning in Dogecoin due to scalability concerns, so there is nothing else left apart from more shitposting.
snarf21 4y ago
I have no inside info but I think this is because he is getting wrecked by discovery. More and more about him is being leaked from that and he doesn't like it. He'd rather lose billions.
- metadat 4y ago
  The Musk brand damage could exceed a "paltry" $44B when his dirty laundry becomes public, especially given he'll only need to put in less than 50% of his own money. Regarding the information leakage, does this signal that Mr. Musk treats people poorly in his private dealings? It's all damage mitigation at this point.
- DeRock 4y ago
  > He'd rather lose billions. Its an AND not an OR. He either proceeds with purchase and loses billions, or proceeds with discovery/trial, has personal info exposed, and is then forced to proceed with purchase and lose billions. He's tried to stall proceedings so far, but has reached a legal dead end.
- jamiek88 4y ago
  I’m scared what scorched earth musk in charge of a zeitgeist weapon like twitter will do.
  - deleted 4y ago
    [deleted]
  - anzic 4y ago
    - dane-pgp 4y ago
      Yeah, it sounds like a TTRPG doesn't it? "Does applying scorched earth musk to my zeitgeist weapon always succeed, or do I need to roll another D20 for that?"
  - adventured 4y ago
mikkergp 4y ago
Yeah, that provision seems suss as hell
323 4y ago
What was the penalty if he lost the suit? Would they force him to buy Twitter? Pay a fine?
- WJW 4y ago
  Probably "specific performance", which is pretty much enforcing the contract that he already signed. So that would come down to forcing him to buy Twitter, yes.
  - fooey 4y ago
    Conveniently, much of Musk's assets are stored in another Delaware company called Tesla

So, “I agree to do what I already agreed to do as long as you stop suing me for it”?

kjs3 4y ago

Spot on...the first thing I thought was 'really...he started listening to his lawyers?'.

LiquidSky 4y ago
He was set to be deposed this week. I'm guessing his advisors finally got through to him that he's fucked and dragging out the trial will only further publicly humiliate himself and potentially open him to even more consequences. Musk finally has to face reality, for once.
- LightG 4y ago
  Yup, take a $44b tesla share price and/or reputation hit, or pay $44b and at least have an asset to show for it. Actually, scratch the reputation bit. That's already toast. Kudos to Twitter. Checkmate.
  - rchaud 4y ago
    More like kudos to Musk's lawyers for creating several months' worth of billable hours out of trying to poke holes in a "I agree to buy it sight unseen, no refunds" contract.
bena 4y ago
Yeah, isn't this effectively a complete win for Twitter concerning the lawsuits? If you're Musk or an apologist, how do you spin this in a way that doesn't say "Yeah, they were completely right and I had no basis for my claim"?
- kjs3 4y ago
  Probably something like "I no longer have time to fool around with trivial things like Twitter. Ignore it ever happened, since I'm now using my vast intellect teaching world leaders how to end their wars".
  - phatfish 4y ago
    He's already ruled out shoehorning in Dogecoin due to scalability concerns, so there is nothing else left apart from more shitposting.

snarf21 4y ago

I have no inside info but I think this is because he is getting wrecked by discovery. More and more about him is being leaked from that and he doesn't like it. He'd rather lose billions.

metadat 4y ago
The Musk brand damage could exceed a "paltry" $44B when his dirty laundry becomes public, especially given he'll only need to put in less than 50% of his own money. Regarding the information leakage, does this signal that Mr. Musk treats people poorly in his private dealings? It's all damage mitigation at this point.
DeRock 4y ago
> He'd rather lose billions. Its an AND not an OR. He either proceeds with purchase and loses billions, or proceeds with discovery/trial, has personal info exposed, and is then forced to proceed with purchase and lose billions. He's tried to stall proceedings so far, but has reached a legal dead end.
jamiek88 4y ago
I’m scared what scorched earth musk in charge of a zeitgeist weapon like twitter will do.
- deleted 4y ago
  [deleted]
- anzic 4y ago
  - dane-pgp 4y ago
    Yeah, it sounds like a TTRPG doesn't it? "Does applying scorched earth musk to my zeitgeist weapon always succeed, or do I need to roll another D20 for that?"
- adventured 4y ago

mikkergp 4y ago

Yeah, that provision seems suss as hell

323 4y ago

What was the penalty if he lost the suit? Would they force him to buy Twitter? Pay a fine?

WJW 4y ago
Probably "specific performance", which is pretty much enforcing the contract that he already signed. So that would come down to forcing him to buy Twitter, yes.
- fooey 4y ago
  Conveniently, much of Musk's assets are stored in another Delaware company called Tesla