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I agree. Those guys played ol' Musky lake a fiddle.

moralestapia 4y ago
No way at all. Musk played itself. Have you been paying any attention to this? They were pretty much forced to sell at the beginning.
- TheLoafOfBread 4y ago
  They wanted to avoid the deal at first, then shareholders told them to continue in the deal and sell it to Musk. So they did exactly what shareholders wanted them to do. Musk did not wanted to buy Twitter at all, he wanted to liquidate his stock without crashing stock price of Tesla. In the end Tesla crashed and he was forced to buy Twitter for absurd price.
  - CPLX 4y ago
    I mean we’re all guessing here on motivation. But I think he did want to buy it and realized pretty quick that he had overbid.
  - more_corn 4y ago
    If he wanted to back out of the deal he wouldn’t have insisted on an absurdly airtight offer. It was ironclad, no way out. No lawyer would have allowed it unless the client insisted. If he had wanted a way to back out all he would have needed to do is set back and let his lawyers do what lawyers do when crafting the offer. Instead he insisted on an offer that will be taught in law school as the canonical ironclad offer. I can’t believe he though he’d be backing out when he made that offer. The man is unhinged but not a moron.
- me_me_me 4y ago
  Musk wanted to sell Tesla shares after promising he will never do that. He needed an excuse that will not cause already overvalued tesla stock to crash. He will need money because of a trail he is in. He thought he could get away with cashing out tesla, paying fine and riding hype train of saving twitter. Well that train hit the wall it seems. And he is stuck with twitter
  - moralestapia 4y ago
    As I said, he got into this by himself. No one played a ruse on him.
    - Volundr 4y ago
      I mean yeah, this is a pretty big own-goal for Musk, but someone made damn sure that purchase contract heavily favored Twitter with no wiggle room for Musk, and you can bet it wasn't Musk's lawyers. At minimum the Twitter exec team had the foresight to know Musk wasn't reliable and lock him down.
      - moralestapia 4y ago
        It was probably an incompetent advisor on Musk's side, or maybe he had good advice but still pressed to do the thing in a rush and screwed everything up. Twitter peeps didn't write and sign that contract :P
      - staticman2 4y ago
        "someone made damn sure that purchase contract heavily favored Twitter with no wiggle room for Musk" That is what you might expect to happen: Twitter wasn't looking for a buyer. You had a motivated buyer and an unmotivated seller so you would expect the contract to favor the seller or there would be no sale.
- programmer_dude 4y ago
  - mynameisvlad 4y ago
    If you call a Trans person "it", then you've got some work to do on yourself.
    - programmer_dude 4y ago
      Not calling anyone it. Just trying to figure out what's going on with the itself and they/them malarkey.
      - mynameisvlad 4y ago
        "They" clearly refers to the Twitter board, since they're the ones selling. Which only leaves "it", hence my comment.
        programmer_dude 4y ago
        Got it. Thanks for clearing that up.
      - moralestapia 4y ago
        Oh, none of that I can assure you, ha. With the "it" I was trying to refer to the ruse/game, not Musk, but it came out worded weirdly, I see. Also, can't edit now.

No way at all. Musk played itself. Have you been paying any attention to this? They were pretty much forced to sell at the beginning.

TheLoafOfBread 4y ago
They wanted to avoid the deal at first, then shareholders told them to continue in the deal and sell it to Musk. So they did exactly what shareholders wanted them to do. Musk did not wanted to buy Twitter at all, he wanted to liquidate his stock without crashing stock price of Tesla. In the end Tesla crashed and he was forced to buy Twitter for absurd price.
- CPLX 4y ago
  I mean we’re all guessing here on motivation. But I think he did want to buy it and realized pretty quick that he had overbid.
- more_corn 4y ago
  If he wanted to back out of the deal he wouldn’t have insisted on an absurdly airtight offer. It was ironclad, no way out. No lawyer would have allowed it unless the client insisted. If he had wanted a way to back out all he would have needed to do is set back and let his lawyers do what lawyers do when crafting the offer. Instead he insisted on an offer that will be taught in law school as the canonical ironclad offer. I can’t believe he though he’d be backing out when he made that offer. The man is unhinged but not a moron.
me_me_me 4y ago
Musk wanted to sell Tesla shares after promising he will never do that. He needed an excuse that will not cause already overvalued tesla stock to crash. He will need money because of a trail he is in. He thought he could get away with cashing out tesla, paying fine and riding hype train of saving twitter. Well that train hit the wall it seems. And he is stuck with twitter
- moralestapia 4y ago
  As I said, he got into this by himself. No one played a ruse on him.
  - Volundr 4y ago
    I mean yeah, this is a pretty big own-goal for Musk, but someone made damn sure that purchase contract heavily favored Twitter with no wiggle room for Musk, and you can bet it wasn't Musk's lawyers. At minimum the Twitter exec team had the foresight to know Musk wasn't reliable and lock him down.
    - moralestapia 4y ago
      It was probably an incompetent advisor on Musk's side, or maybe he had good advice but still pressed to do the thing in a rush and screwed everything up. Twitter peeps didn't write and sign that contract :P
    - staticman2 4y ago
      "someone made damn sure that purchase contract heavily favored Twitter with no wiggle room for Musk" That is what you might expect to happen: Twitter wasn't looking for a buyer. You had a motivated buyer and an unmotivated seller so you would expect the contract to favor the seller or there would be no sale.
programmer_dude 4y ago
- mynameisvlad 4y ago
  If you call a Trans person "it", then you've got some work to do on yourself.
  - programmer_dude 4y ago
    Not calling anyone it. Just trying to figure out what's going on with the itself and they/them malarkey.
    - mynameisvlad 4y ago
      "They" clearly refers to the Twitter board, since they're the ones selling. Which only leaves "it", hence my comment.
      - programmer_dude 4y ago
        Got it. Thanks for clearing that up.
    - moralestapia 4y ago
      Oh, none of that I can assure you, ha. With the "it" I was trying to refer to the ruse/game, not Musk, but it came out worded weirdly, I see. Also, can't edit now.