Reply to Elon Musk buys $3 billion stake (9.2%) in Twitter and is now the platform's largest shareholder

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Reply to "Elon Musk buys $3 billion stake (9.2%) in Twitter and is now the platform's largest shareholder"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The world's (formerly) richest man stops paying rent !!!??? on Twitter's offices due to the turmoil at the company?  Holy cr*p.  Sounds like he is doing a GREAT JOB

https://www.marketwatch.com/story/elon-musk-has-reportedly-stopped-paying-rent-on-twitter-offices-and-told-staff-not-to-pay-vendors-11671019938[/quote]

I suspect it’s a gambit to get lower rent.  Commercial landlords are hurting bad now and may reduce twitters rent rather than evict and fight with them.  The flip side of course is that the landlords cannot let it be known that this is all you need to do to get a better deal or every tenant will do it.  And that’s a particularly big concern with a high profile company like Twitter.[/quote]

It's the Trump playbook of never paying vendors. He'll either get favorable terms or it will be tied up in litigation for years during which he won't pay rent. It would be nice to see a landlord just bar the doors and put everything on the curb in contractors bags like when a poor person does the same thing. [/quote]

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