Elon Musk on why he isn’t shopping for Twitter for cash

Tesla CEO Elon Musk has mentioned that he finds it vaguely therapeutic to specific himself on Twitter and the platform is a solution to get his messages out to the general public.

In an interview with the Monetary Occasions, the world’s richest man mentioned: “I play the idiot on Twitter and infrequently shoot myself within the foot and trigger myself all kinds of bother.”

“Aren’t you entertained?” Musk replied with a roar of laughter when requested why a critical man with critical concepts indulges in foolish Twitter video games that would additionally value his followers dearly.

In line with the report, he’s a serial tweeter to his greater than 108 million followers “who flouts conference, revels in outrageous outbursts, fights with regulators and employees, and taunts opponents”.

“It’s honest to say that Musk is obsessive about Twitter, a lot in order that he is been embroiled in an epic on/off buyout of the platform that has captivated Wall Road and the tech trade for months,” the report mentioned.

In line with Musk, “Twitter is actually an invite to extend your ache degree.”

“I suppose I have to be a masochist”.

Musk, nonetheless, mentioned that “I am not doing Twitter for the cash. It isn’t like I am making an attempt to purchase some yacht and I am unable to afford it”.

“However I feel it is necessary that individuals have a maximally trusted and inclusive technique of exchanging concepts and that it must be as trusted and clear as potential,” mentioned the Tesla CEO.

A US choose within the Twitter-Elon Musk case has now put the trial on maintain until October 28, as each the events deliberate on the right way to shut the $44 billion takeover deal.

The keep was granted over the protests of Twitter’s attorneys.

Twitter has acquired a letter from Musk to go forward with their unique deal of $54.20 per share (or $44 billion).

In a brand new submitting with the US Securities and Exchange Commission (SEC), Musk’s authorized workforce has additionally requested the court docket to adjourn the trial and all different proceedings.

Nevertheless, the deal nonetheless might not undergo.


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