How Elon’s bizarre Twitter takeover saga could have just been a cover for him to sell $8.5 billion in Tesla stock

How Elon’s bizarre Twitter takeover saga could have just been a cover for him to sell $8.5 billion in Tesla stock

Elon Musk on Friday announced he was backing out of his $44 billion Twitter acquisition bid, blaming the social media platform’s alleged lack of transparency regarding bots on the site.

As both sides prepare for a lengthy court battle, some Twitter influencers are floating an alternate theory for the change of heart: The bots were never the problem, merely a vehicle through which to covertly sell Tesla options that were about to expire.

“Entire thing was a clever ruse to SELL + LIQUIDATE $8.5…


Source link

About search

Check Also

NFL Draft: Alabama safety Jaylen Key is 'Mr. Irrelevant' as Jets take him with final pick – Yahoo Sports

NFL Draft: Alabama safety Jaylen Key is 'Mr. Irrelevant' as Jets take him with final pick – Yahoo Sports

[unable to retrieve full-text content]NFL Draft: Alabama safety Jaylen Key is ‘Mr. Irrelevant’ as Jets …

Leave a Reply

Your email address will not be published. Required fields are marked *