Tesla’s boss asks in a letter sent to the social network by his lawyers to complete the $ 44 billion acquisition. Musk believes that “the company is actively resisting and obstructing its information rights”
Elon Musk asked Twitter for data and information on spam and fake accounts to complete his acquisition of the $ 44 billion social network. This was stated by Tesla’s boss himself in a letter sent to the company. “Musk believes the company is actively resisting and hindering its information rights,” reads the letter sent by Musk’s lawyers.
“Violation of the Agreement”
In the disclosure to the SEC, Tesla’s boss said Twitter’s refusal to provide repeatedly requested account information is a violation of the merger agreement. “Twitter’s latest offer to offer details on the methodologies it uses is equivalent to a refusal” to comply with Musk’s request, the letter read. “Twitter’s efforts to characterize” the request in another way is “just an attempt to obfuscate and confuse. Musk has made it clear that he does not believe the company’s methodologies are adequate. The data he has requested is necessary,” he continues. the letter. Musk reserves the right to terminate the merger agreement with Twitter in the event of a violation of the understanding.