World News

32088 readers

990 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

564

Twitter refuses to pay for arbitration it forced on 891 ex-employees, suit says (arstechnica.com)

submitted 1 year ago by [email protected] to c/[email protected]

53 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 7 points 1 year ago (1 children)

I think he knew Twitter was a turd and wanted to use it as an excuse to dump Tesla stock without killing Tesla share value. The plan went awry when he couldn’t weasel out of the deal as planned and was forced to actually buy a company that was dead weight.

[–] [email protected] 2 points 1 year ago (1 children)

Pretty sure he took out loans using his Tesla stock as collateral, rather than dumping the stock outright.

[–] [email protected] 1 points 1 year ago

He did both. He sold at least $3,000,000,000 in Tesla stock to help fund the twitter purchase.