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Was this all calculated stock manipulation? It feels like Musk’s modus operandi: 1: Invest in something, 2: Tweet about it. 3: Grossly violate FTC regulation, 4: profit
If you honestly think Elon cares about money/profit at this point, you don’t know jack about Elon.
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maybe his lawyers informed him he made a mistake. he filed the disclosure on Schedule 13G which prevents him from joining the board, rather than 13D if he wants to do so. but then again, i wouldn't put it past elon to do all the things that the SEC explicitly tells people not to do.
I’m not especially intimate with American bureaucracy. Does filing under the wrong schedule really prevent him from joining the board? Can’t he just file a correction?
Wait "contingent on a background check"? This is the founder of SpaceX a contractor with NASA and DoD and you're gonna run measly background check on him? He most likely has an active TS clearance and works with ITAR.
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It’s funny that the first paragraph of the letter says they believed it was best for Elon to join the board. Then the second paragraph says that Elon declined to join the board and they believe it was also for the best.
Before, they believed it was for the best. Now, after certain events, some of which are spelled out in the tweet, they believe the other. Both are completely valid and do not contradict one another. And it's quite normal and acceptable to change your mind after you get more information. I think Foo is true. Let's see! I think Foo is not true after seeing new facts.
A very odd set of events and no explanation regarding Elon's change of mind. A pessimist would think that Elon has decided to go for a "hostile" takeover since he is no longer bound by the percentage holding cap. An optimistic would think that Elon had enough self-awareness to realize it would be an overall distraction for Twitter with little benefit. It amuses me more than it should that the CEO of Twitter has poste…
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None of that matters compared to the fact that he is the largest shareholder.
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Elon's companies have a unique and very different culture in comparison to Twitter. Of course, Elon was not set to be CEO, but to your point, the prospect of "Elon-ification" of Twitter was going to upset a lot of employees. The part I don't get: why is Elon still tweeting ideas for improving Twitter and shaking things up?
> The part I don't get: why is Elon still tweeting ideas for improving Twitter and shaking things up? That is weird, trolling doesn't seem like Elon's thing at all.