The Tesla chief executive, who is the world's richest person, revealed in a regulatory filing yesterday that he had launched a hostile takeover of Twitter. The news came just days after he revealed he had bought a 9.2% stake in the social media company and was subsequently offered a seat on the board, but then declined to take up the position.
In a letter to Bret Taylor, Twitter's chair, Musk said the site was not thriving as a company or a tool for improving freedom of speech, and “needs to be transformed as a private company”.
Musk, who has more than 80 million followers on Twitter, said if his offer was not accepted he would “reconsider my position as a shareholder” as he did not have "confidence in [Twitter's current] management”. He added: “This is not a threat. It's simply not a good investment without the changes that need to be made."
Bu hikaye The Guardian dergisinin April 15, 2022 sayısından alınmıştır.
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Bu hikaye The Guardian dergisinin April 15, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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