Twitter Executives Not Happy About Elon Musk Backing Out Of Deal

Elon Musk is a man of unlimited riches and power. While he is a master of handling social media and working effectively, he manages to get swirled up in controversy every once in a while. Musk recently backed out of a deal for buying Twitter. As you can imagine, some aren’t thrilled with this decision.

Musk says that Twitter made false statements when they were negotiating over the social media platform. He also said that they haven’t passed along data on the number of bots/spam accounts Twitter has.

Twitter has made it clear to the public that they have the bot situation under control. Still, the billionaire is still doubling down on his claims. Musk’s team made a legal filing over backing out of the deal, claiming that lack of transparency from Twitter is the cause.

TMZ reports that some members of the Twitter board are pretty upset. The company’s chairman, Bret Taylor, tweeted that the board wants to enforce the merger by pursuing legal actions. Obviously, he’s not happy.

The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.

Elon Musk has been ambiguous on his stance on Twitter. While he unanimously accepted the deal at one point, he changed his tune recently. The Tesla CEO is also under controversy for having twins with one of the Neuralink executives. This situation is still developing. Follow Thirsty for more updates on the situation.

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