Anonymous wrote:Anonymous wrote:Anonymous wrote:Twitter can really put the screws to Musk, if they try to force him to buy at the price he promised. If markets continue to decline, Twitter could force him to liquidate his collateral to finance and complete the transaction. Banks would issue margin calls on his other pledged shares if prices continue marching down. Some members of the bank syndicate in the Twitter deal could pull out and Musk would forced to arrange other financial partners or liquidate more TSLA shares to complete the Twitter transaction.
He has really backed himself into a corner, especially if Twitter goes to court to attempt to force him to complete the transaction.
A $1B break up fee will be cheap compared to the alternative.
It probably ends up being a significantly higher cost to Musk if he backs out for something not covered by the break fee provision.
There is a liquidated damages clause - he's on the hook for 1B because that's what the twitter board agreed to
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
You’re implying that this a break from normal for him. Not only is this normal for him, using a poop emoji to reply the CEO of the company you’re trying to buy during an ongoing negotiation, on a platform you’re negotiating for, is hilarious. I know it’s DC and everyone is uptight around here, but still…
It's not hilarious. It's unhinged.
Elon is married to Grimes, named one of his children X Æ A-Xii, said he would take Tesla private at 420 a share (a pot reference for you DC squares), and smoked a joint live on air with Joe Rogan while musing about aliens and DMT. Dropping a poop emoji a week after he said he was going to take over Coca Cola so that he could put cocaine back in the soft drink was not him having a “psychological break.” It’s him acting like he always has. And apparently it’s worked. When the uptight naysayers on here revolutionize the electric vehicle industry and secure government space flight contracts maybe they can scoff at his behavior. But he’s such a game changing figure because of this type of behavior. If he wasn’t the character he’s always been he’d probably be right here with you and I tossing barbs from the sideline while we rake in a safe salary at our boring jobs.
Where were all of these criticisms years ago when he was making Teslas? It’s so odd that people just started turning on him when he wanted to take over Twitter and not be so censorious. A lot of people are very afraid of not having the final say over who gets to say what on social media and it’s very telling.
He’s not married to Grimes.
He’s an unpredictable nut. It’s one thing for an unpredictable nut to build a car company. It’s another to run an important platform.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
You’re implying that this a break from normal for him. Not only is this normal for him, using a poop emoji to reply the CEO of the company you’re trying to buy during an ongoing negotiation, on a platform you’re negotiating for, is hilarious. I know it’s DC and everyone is uptight around here, but still…
It's not hilarious. It's unhinged.
Elon is married to Grimes, named one of his children X Æ A-Xii, said he would take Tesla private at 420 a share (a pot reference for you DC squares), and smoked a joint live on air with Joe Rogan while musing about aliens and DMT. Dropping a poop emoji a week after he said he was going to take over Coca Cola so that he could put cocaine back in the soft drink was not him having a “psychological break.” It’s him acting like he always has. And apparently it’s worked. When the uptight naysayers on here revolutionize the electric vehicle industry and secure government space flight contracts maybe they can scoff at his behavior. But he’s such a game changing figure because of this type of behavior. If he wasn’t the character he’s always been he’d probably be right here with you and I tossing barbs from the sideline while we rake in a safe salary at our boring jobs.
Where were all of these criticisms years ago when he was making Teslas? It’s so odd that people just started turning on him when he wanted to take over Twitter and not be so censorious. A lot of people are very afraid of not having the final say over who gets to say what on social media and it’s very telling.
He’s not married to Grimes.
He’s an unpredictable nut. It’s one thing for an unpredictable nut to build a car company. It’s another to run an important platform.
I agree! This is why all social media platforms should be reclassified as public utilities and all speech on there should be regulated by a government entity that is abiding by an impartial legal framework, which is adjudicated in the court system. That means if Hunter’s laptop stories are banned, so are pee tape stories. Users should only lose their rights to post when they break existing laws or are banned after a court hearing.
These platforms are much too important to be operated by people who aren’t bound by any regulations.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
You’re implying that this a break from normal for him. Not only is this normal for him, using a poop emoji to reply the CEO of the company you’re trying to buy during an ongoing negotiation, on a platform you’re negotiating for, is hilarious. I know it’s DC and everyone is uptight around here, but still…
It's not hilarious. It's unhinged.
Elon is married to Grimes, named one of his children X Æ A-Xii, said he would take Tesla private at 420 a share (a pot reference for you DC squares), and smoked a joint live on air with Joe Rogan while musing about aliens and DMT. Dropping a poop emoji a week after he said he was going to take over Coca Cola so that he could put cocaine back in the soft drink was not him having a “psychological break.” It’s him acting like he always has. And apparently it’s worked. When the uptight naysayers on here revolutionize the electric vehicle industry and secure government space flight contracts maybe they can scoff at his behavior. But he’s such a game changing figure because of this type of behavior. If he wasn’t the character he’s always been he’d probably be right here with you and I tossing barbs from the sideline while we rake in a safe salary at our boring jobs.
Where were all of these criticisms years ago when he was making Teslas? It’s so odd that people just started turning on him when he wanted to take over Twitter and not be so censorious. A lot of people are very afraid of not having the final say over who gets to say what on social media and it’s very telling.
He’s not married to Grimes.
He’s an unpredictable nut. It’s one thing for an unpredictable nut to build a car company. It’s another to run an important platform.
Anonymous wrote:Anonymous wrote:Anonymous wrote:
You’re implying that this a break from normal for him. Not only is this normal for him, using a poop emoji to reply the CEO of the company you’re trying to buy during an ongoing negotiation, on a platform you’re negotiating for, is hilarious. I know it’s DC and everyone is uptight around here, but still…
It's not hilarious. It's unhinged.
Elon is married to Grimes, named one of his children X Æ A-Xii, said he would take Tesla private at 420 a share (a pot reference for you DC squares), and smoked a joint live on air with Joe Rogan while musing about aliens and DMT. Dropping a poop emoji a week after he said he was going to take over Coca Cola so that he could put cocaine back in the soft drink was not him having a “psychological break.” It’s him acting like he always has. And apparently it’s worked. When the uptight naysayers on here revolutionize the electric vehicle industry and secure government space flight contracts maybe they can scoff at his behavior. But he’s such a game changing figure because of this type of behavior. If he wasn’t the character he’s always been he’d probably be right here with you and I tossing barbs from the sideline while we rake in a safe salary at our boring jobs.
Where were all of these criticisms years ago when he was making Teslas? It’s so odd that people just started turning on him when he wanted to take over Twitter and not be so censorious. A lot of people are very afraid of not having the final say over who gets to say what on social media and it’s very telling.
Anonymous wrote:Anonymous wrote:Twitter can really put the screws to Musk, if they try to force him to buy at the price he promised. If markets continue to decline, Twitter could force him to liquidate his collateral to finance and complete the transaction. Banks would issue margin calls on his other pledged shares if prices continue marching down. Some members of the bank syndicate in the Twitter deal could pull out and Musk would forced to arrange other financial partners or liquidate more TSLA shares to complete the Twitter transaction.
He has really backed himself into a corner, especially if Twitter goes to court to attempt to force him to complete the transaction.
A $1B break up fee will be cheap compared to the alternative.
It probably ends up being a significantly higher cost to Musk if he backs out for something not covered by the break fee provision.
Anonymous wrote:At what point does the SEC step in? Musk must think he's above the rules
Anonymous wrote:Anonymous wrote:
You’re implying that this a break from normal for him. Not only is this normal for him, using a poop emoji to reply the CEO of the company you’re trying to buy during an ongoing negotiation, on a platform you’re negotiating for, is hilarious. I know it’s DC and everyone is uptight around here, but still…
It's not hilarious. It's unhinged.
Anonymous wrote:We all know that Musk will either expose Twitter for their lies in SEC filings or open source algos to preserve a free society.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:“Temporarily on hold” as Elon discovers Twitter might have spam accounts![]()
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https://www.axios.com/2022/05/13/elon-musk-says-twitter-deal-temporarily-on-hold
More like as Musk finds out he might have been wrong about Twitter being flooded with spam bot accounts. Part of his grand plan for revolutionizing Twitter was premised on the notion of getting rid of all of the bot accounts, so finding out that less than 5% of accounts are bot account threw a wrench in that.
Didn’t he do basic due diligence?
Is the % of spam bot accounts listed in financial or other compliance reporting? If not, how was this information available for review? In M&A, due diligence happens right about now, after an offer is made and there is a good likelihood of agreement.
Twitter had disclosed this <5% estimate is prior public filings. Reviewing a potential target’s public filings is pretty basic pre-offer due diligence.
Well, then I agree, he didn't do his pre-offer due diligence.
Twitter is making up their numbers. Outside reviewers estimate the number of bots at around 20%
Source to substantiate this claim?
More like, what's their underlying data. It's all an estimate based on conjecture and assunptions.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:“Temporarily on hold” as Elon discovers Twitter might have spam accounts![]()
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https://www.axios.com/2022/05/13/elon-musk-says-twitter-deal-temporarily-on-hold
More like as Musk finds out he might have been wrong about Twitter being flooded with spam bot accounts. Part of his grand plan for revolutionizing Twitter was premised on the notion of getting rid of all of the bot accounts, so finding out that less than 5% of accounts are bot account threw a wrench in that.
Didn’t he do basic due diligence?
Is the % of spam bot accounts listed in financial or other compliance reporting? If not, how was this information available for review? In M&A, due diligence happens right about now, after an offer is made and there is a good likelihood of agreement.
Twitter had disclosed this <5% estimate is prior public filings. Reviewing a potential target’s public filings is pretty basic pre-offer due diligence.
Well, then I agree, he didn't do his pre-offer due diligence.
Twitter is making up their numbers. Outside reviewers estimate the number of bots at around 20%
Source to substantiate this claim?
More like, what's their underlying data. It's all an estimate based on conjecture and assunptions.