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Elon Musk Cleans House of Woke Employees as Tesla Lays Off Heads of ‘Diversity and Inclusivity Programs’
Elon Musk Cleans House of Woke Employees as Tesla Lays Off Heads of ‘Diversity and Inclusivity Programs’
July 8 (Reuters) - Tesla (TSLA.O) Chief Executive Officer Elon Musk said on Friday he was terminating his $44 billion deal for Twitter Inc (TWTR.N), citing material breach of multiple provisions of the agreement.
Shares of Twitter fell 6% in extended trading.
The announcement brings to an end a will-he-won't-he saga after the world's richest person clinched a deal for Twitter in April but then put the buyout on hold until the social media company proved that spam bots accounted for less than 5% of its total users.
Elon has 10 children. Impressive.
Told ya to stay away from this toxic stock, no value whatsoever, just propped up by leftoid government information agencies. Going much lower
This is a negotiation tactic. Elon has the real user data, and he’s not going to stop squeezing Twitter until they admit the real numbers and give him a much lower price to reflect the real user data.
Twitter has no where to go, and will eventually cut their losses, and sell to Elon for a better price. It’s only a matter of time.
Elon has 10 children. Impressive.
Elon cancels deal citing huge percentage of "Bots" and "Spam" accounts.
Elon has 10 children. Impressive.
He went in just to fuck things up. I have to laugh at that.
O'Neill Cylinders
There are meant to be two of them together, counter-rotatimg.
https://slaynews.com/news/elon-musk-cleans-house-of-woke-employees-as-tesla-lays-off-many-employees-in-diversity-and-inclusivity-programs-report/
Elon Musk Cleans House of Woke Employees as Tesla Lays Off Heads of ‘Diversity and Inclusivity Programs’
Twitter’s board of directors unanimously recommended that its shareholders vote to approve Elon Musk’s $44 billion acquisition of the company.
Twitter said in a proxy filing with the SEC on Friday that it’s inviting shareholders to attend a special meeting at an unspecified date to vote on a proposal to adopt the original acquisition plan made in late April.
“We are committed to closing the merger on the price and terms agreed upon with Mr. Musk,” the company said in the filing. “Your vote at the special meeting is critical to our ability to complete the merger.”
Twitter reminded investors that the purchase price represented a 38% premium to where the stock was trading before Musk first disclosed a stake in the company. It’s fallen dramatically since then, closing on Friday at $37.74, which is 30% below the agreed upon deal price.
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