this post was submitted on 20 Jun 2024
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[–] pulaskiwasright@lemmy.ml 32 points 4 months ago (1 children)

I think he was trying to dump Tesla stock without making it look like he didn’t have faith in the company. His plan was always to say he was buying it. sell a bunch of Tesla stock. Back out of the Twitter deal and walk away with a ton of cash.

He tried to get out of it based on a bunch of bullshit and then was surprised when a judge actually forced him to buy Twitter.

[–] Praetorian@sopuli.xyz 13 points 4 months ago

Now he wants shareholders to give him stock as he demands 25% of ownership plus he wants 56 billion payout. Meanwhile he's firing whole departments.