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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][quote=Anonymous]Everything comes full circle [twitter]https://twitter.com/carldemaio/status/1518940705460162560?t=QZCPG2PIOFb-RTi-rfebBw&s=19[/twitter][/quote] Did the purchase go through yet? Elon was going to use his Tesla stock to pay for the purchase but the bottom dropped out of Tesla stock yesterday, probably because of the anticipated huge stock dump. [b]The Tesla board can kick him off since he appears to be manipulating stock prices which is a breach of his fiduciary duty.[/b] [/quote] Yes, I'm sure the board will do exactly that![/quote] He agreed to the SEC to have a babysitter review his tweets about Tesla in lieu of a big fine. Tesla board complained he was causing too much instability with the stock price. Yesterday he personally lost $30 billion of stock value when Tesla crashed. Today he’s made about 12% of that back. [/quote]
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