Twitter is contemplating legal action against Tesla and SpaceX CEO Elon Musk over his decision to terminate a USD 44 billion takeover deal. As per The Hill, the microblogging site has hired a large New York-based law firm Wachtell, Lipton, Rosen & Katz LLP as it prepares to sue Musk. Twitter will file its lawsuit
Elon Musk talks to the FT about Twitter, Tesla, and Trump.
The Tesla shares sale came after Elon Musk earlier this week clinched a deal to buy Twitter for $44 billion cash. Elon Musk sold 4.4 million Tesla shares on Tuesday and Wednesday, according to the filings. Tesla Inc Chief Executive Officer Elon Musk sold $4 billion worth of shares in of the electric vehicle maker,
Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the social media platform where he — the world’s richest person — promotes his interests, attacks critics, and opines on a wide range of issues to more than 83 million followers. “We
Tesla’s recent slide accelerated on Tuesday, as investors rotated out of high-flying tech names. Shares of the electric vehicle maker dipped as much as 13% the stock’s worst day since Sept. before recovering some of those losses. At 10 a.m. on Wall Street shares were down 7.8%. Read More
