Elon Musk warns Twitter CEO over text message exposure. Elon Musk, the CEO of Tesla, texted the CEO and CFO of Twitter at one point, claiming that Twitter’s lawyers were trying to “create trouble” by requesting details about the financing of Musk’s acquisition of the business.
Twitter later filed a lawsuit in Delaware court, proving this. According to the complaint, Musk texted Twitter CEO Parag Agrawal and CFO Ned Segal on June 28.
“Your lawyers are taking advantage of these conversations to create trouble. This needs to stop“.
In response to Twitter’s request for information from Musk regarding how to finance the acquisition of the firm, Musk texted the social media platform. Musk decided to purchase Twitter for $44 billion in April. Musk, though, appeared to be abandoning his ambitions to close the deal’s debt financing, as seen by a number of tweets he sent out.
Twitter will not allow Musk to pull out easily
Twitter claims that it is upholding its half of the bargain and not going against any of its commitments. Elon Musk, the CEO of Tesla, does not, though. Since then, Twitter has declared that it will, if necessary, take the matter to court to compel Musk to complete the transaction.
Musk, though, did not take the threats kindly. He posted a meme that clarifies the whole situation on Twitter. According to the four-sentence post, Twitter is withholding some information that Musk requires.
“They said I couldn’t buy Twitter. Then they wouldn’t release bot info. Now they want to force me to buy Twitter in Court. Now they have to release bot information in Court.”
Elon Musk is confident that the information he wants to know about the bots will eventually surface, regardless of how the legal proceedings turn out. It is clear that Musk appears to have made up his mind to back out of the agreement. Twitter, on the other hand, is undoubtedly against it. It seems like they’ll have to resolve this in court.