Then why is he trying to weasel his way out of paying that $150M? Getting rid of them quickly without paying them just opens a can of worms that is going to cost him a lot more down the line. He is not going to be able to show cause if he didn’t do an investigation. And he couldn’t have done much of an investigation in a few hours.
“100% American Made Dehydrated 2nd Amendment Pro-life Tactical Stop the Steal Nutritional Supplement Survival Rations!!”
I’d suspect he’s just trying to kill Twitter off, but I’m not sure he’s has the brainpower or the patience to come up with any clever schemes. Like Trump, his only skills are acquiring things, bragging about them, and then destroying the things he’s acquired. Oh, and getting loved by Nazis, I guess that’s a thing.
It depends on the terms of the loans. As the saying goes, “if you owe the bank a million dollars, you’re at the bank’s mercy; if you owe the bank a hundred million dollars, the bank is at your mercy.”
von Clownstick famously worked that formula to his advantage for decades before the reputable banks got wise to his grift and stopped lending him money. However, I suspect the Musk’s lenders have put in a bunch of benchmarks Musk has to achieve with Twitter’s financial picture to extend the payback date. It’s likely why he’s taking desperate lawsuit-bait measures like this. In the end, it’s entirely possible that the lenders took advantage of his stupid offer for Twitter so that they could take ownership of Tesla.
He’s taking the company private for now, while he demolishes and rebuilds, so they’re locked in until it goes public again. If it looks like Twitter won’t emerge from the tunnel profitable or with anything like the previous share price, then things will get ugly.
Right now he’s like a real estate flipper who takes out a loan to buy a dilapidated party apartment building with a vermin problem, fires the property manager and super, guts the units, alienates tenants, and then announces that tweakers are welcome to occupy the vacant units while he finds a new buyer. If the bank is actually paying attention to what’s going on besides the short term numbers, things will indeed get ugly.
Musk could have followed through on his promise to fix Flint’s water for what would be pennies to him, too, and been a genuine hero. But of course he didn’t.
Because nothing ever really seems like pennies to a billionaire. They’re addicts.
Alex Jones’s Incel Pellets. They’re survival rations! They’re ammunition! They’re survival rations and ammunition.
They’re not a good as Dr Oz’s Ammosnax! First in Home Economics! First in Home Defence!
Of course he’s angry at the guys who forced him to go through with the deal and buy this turkey at a grossly inflated price.
I’m sure the tons of cash they got from Mucks to buy their stock will ease that pain.
They are hoarders. They are hoarding wealth.
The dude thinks he’s Elrond; but he’s Smaug.
Fire everyone as fast as possible to cheat them out of their options is the kind of cartoon villainy we expect from Musk.
If nothing else, it should let anyone working at Twitter or thinking of working there what to expect from him in future. He might as well have hung a banner on Twitter headquarters that says “My promises are no good.”
I’m sure there are enough corporate shell game shenanigans going on that he, personally, will not lose much, if any, money.
In the meantime, pass me the popcorn.
The “Bingo” gif is doing stalwart service.
Acts like Smaug; looks like Sméagol.
AWWWWW SHIT, it’s about to be ON like Mutha-fuck’n Donkey Kong!!!
Soz, Alex Jones trumps both with his Anal emollient cream…
Then trying to think where his monologues seem to fit…