Elon & Twitter

[AlanSubie4Life]

But as for income generation, that requires bums on seats...not bots...and this is its increasingly obvious failing

If anything, the last few months have given me the impression there are fewer bots than I thought (but obviously no one knows the number but Twitter, which has not divulged any information or estimate about that).

And remember, Elon signed the contract to buy Twitter expressly to clean up the “bot problem!” So definitely it’s been a well known issue for Elon from the start of this saga.

 

[Bouba]

Ok..Elon has been communicating inappropriately about the Twitter deal and using inappropriate means of communication (company email)....these are specific actions of Aspergers...can/will a court permit that to be used against him?

 

[AlanSubie4Life]

🖐?

 

[AlanSubie4Life]

Scandal?

https://twitter.com/x/status/1567943389139591173

 

[Daniel in SD]

Scandal?

MAE

 

[Knightshade]

MAE

on the contrary- sounds like it saved twitter money!

Twitter’s confidential June settlement was related to Mr. Zatko’s lost compensation and followed monthslong mediation over tens of millions of dollars in potential pay, the people said. Such compensation agreements aren’t unusual when an executive departs a company prematurely and leaves behind potential stock options and other money.

 

[AlanSubie4Life]

on the contrary- sounds like it saved twitter money!

I dunno, sounds sus.

[Edit: I am joking.]

 

[Knightshade]

I dunno, sounds sus.

Sus of what? He left with tens of millions in compensation potentially lost, and settled for just 7 mil.

If his case was THAT great he'd have gone wrongful termination litigation to back-pay-collect everything.

 

[Daniel in SD]

on the contrary- sounds like it saved twitter money!

It was a joke!
Though I wonder if Musk will introduce the concept of an mMAE at trial (milli Material Adverse Effect). If he can find 1000 of them then that will constitute a full MAE.

 

[AlanSubie4Life]

Looks like Elon may have to pay prejudgement interest in the case of specific performance being ordered? Which is something like $9 million per day from near shareholder approval. Though sounds like settlement is also an option.

https://twitter.com/x/status/1567934526013440000

 

[TheTalkingMule]

Do we need a prediction/poll for settlement points? I'm going with $38.65B.

 

[Daniel in SD]

Do we need a prediction/poll for settlement points? I'm going with $38.65B.

$52.69 a share or Musk wins the case.

Seems like one could do an analysis of option prices to determine what the market thinks the likely outcomes are.

 

[EVCollies]

Do we need a prediction/poll for settlement points? I'm going with $38.65B.

Yes, for the poll, will be hard to define though, how about the amount of money Elon sends to Twitter by a defined date? Could be for full purchase price, discounted purchase price, full walk away price, negotiated walkaway or off Scott free?

 

[TheTalkingMule]

I don't see a higher negotiated walkaway happening. Elon would rather just buy it if funding is secured.

Obviously Scott free walk away would be sick. TSLA would instantly explode. Even just a few $B being bought back would have a huge impact if the timing's right. Day before P&D? Lol

But part of me wants to see what he can make of it. Core business + payments + crypto might be a huge global business.

 

[Daniel in SD]

I don't see a higher negotiated walkaway happening. Elon would rather just buy it if funding is secured.

Obviously Scott free walk away would be sick. TSLA would instantly explode. Even just a few $B being bought back would have a huge impact if the timing's right. Day before P&D? Lol

But part of me wants to see what he can make of it. Core business + payments + crypto might be a huge global business.

I agree, a negotiated walkaway would be way too expensive. Also you have to look at the incentives of the Twitter board and company officers (who are getting huge golden parachutes if deal goes through).
I don't understand this fan fic that he's going to buy back Tesla stock. Has he ever said he'd do that? He already has plenty of Tesla stock. What is the maximum possible return on Tesla stock? Say Tesla goes up to $50T, the value of the entire US stock market, that's only a 55x return! He's shown that he's capable of getting a higher return by starting new businesses.
I definitely want to see what he does with Twitter but I hope it has nothing to do with crypto...

 

[TheTalkingMule]

Elon indicated he would likely buy shares back if the Twitter deal falls through.

 

[Daniel in SD]

Elon indicated he would likely buy shares back if the Twitter deal falls through.

Ok, I found what you're talking about. I still don't think he's going to do it.

https://twitter.com/x/status/1557199046741094400

It's insane for him to say he's going to start a competitor to Twitter (in the next reply) given his current legal situation so I'm not sure he was in his right mind when he tweeted "Yes"

 

[AlanSubie4Life]

Here’s the convoluted way Elon is forced to pay ~$20B “expectation damages” and get nothing (definitely the most entertaining outcome).

https://twitter.com/x/status/1568094622726987776

 

[Daniel in SD]

Here’s the convoluted way Elon is forced to pay ~$20B and get nothing (definitely the most entertaining outcome).

Hard disagree. I don't think I could take all the whining. Elon buys Twitter for $52.69 a share, everyone can claim victory.

 

[AlanSubie4Life]

I don't think I could take all the whining.

This is literally the only thing that makes things entertaining.

I mean, it is true there would be more lasting entertainment in Elon’s choices with Twitter. But it might just be very boring.