I get that Tesla’s CEO, Elon Musk, has libs terrified but a villain? Nah.
Musk recently took over Twitter by becoming the majority shareholder after expressing disgust with the company’s selective censorship. They offered him a seat on the board but Musk declined. According to the nets, that’s a signal that Musk intends to ruin Twitter but I think what we’re looking at is a hostile takeover.
By not taking a seat on the board, Musk is able to purchase more shares or drop his shares completely. He’s free to do so because he won’t have a stake in Twitter’s success. This means, the company better work hard to please its shareholders…
According to CBS, this makes him a ‘Bond villain’:
VALDIMIR DUTHIERS:Now to the latest twist in the Elon Musk Twitter saga. Want to keep you holding on the edge of your seat. We told you last week, the world’s richest man recently bought a 9.2% stake in the social media company that he has often criticized. Twitter offered him a seat on the board and Musk said he was looking forward to working with the CEO and the board.
But last night, Twitter’s CEO revealed Musk passed on the offer the day it was supposed to take effect. Quote, “I believe this is for the best,” Parag Agrawal said. Adding, “Elon is our biggest shareholder and we will remain open to his input.” Musk tweeted this early – he tweeted this early this morning [laughing emoji] – it has now been deleted.
TONY DOKOUPIL: What does that mean, Vlad?
DUTHIERS: We, I mean, it’s – so we were sort of joking with Shawna Thomas, our executive producer, and a lot of people think Elon Musk is sort of like a Bond villain now. That is a very Bond villain move to pull. Like a little like emoji saying – [laughs].
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Full Transcript
VALDIMIR DUTHIERS: Now to the latest twist in the Elon Musk Twitter saga. Want to keep you holding on the edge of your seat. We told you last week, the world’s richest man recently bought a 9.2% stake in the social media company that he has often criticized. Twitter offered him a seat on the board and Musk said he was looking forward to working with the CEO and the board.
But last night, Twitter’s CEO revealed Musk passed on the offer the day it was supposed to take effect. Quote, “I believe this is for the best,” Parag Agrawal said. Adding, “Elon is our biggest shareholder and we will remain open to his input.” Musk tweeted this early – he tweeted this early this morning [laughing emoji] – it has now been deleted.
TONY DOKOUPIL: What does that mean, Vlad?
DUTHIERS: We, I mean, it’s – so we were sort of joking with Shawna Thomas, our executive producer, and a lot of people think Elon Musk is sort of like a Bond villain now. That is a very Bond villain move to pull. Like a little like emoji saying – [laughs].
GAYLE KING: He is not a Bond villain, he just thinks outside the box. It’s never boring. He’s always got a master game plan.
DOKOUPIL: I will say it’s never boring.
KING: Never boring.
DOKOUPIL: Is there a master plan? I don’t know. He spent the weekend also disparaging and criticizing Twitter, pointing out that some famous people don’t tweet that much. And I don’t know, do you want that out of your biggest shareholder?
KING: Elon doesn’t just do stuff randomly, I don’t believe that.
DUTHIERS: Elon’s gonna Elon. I was intrigued by the – he’s worth $273 billion which, guys, is $100 billion more than the next guy on the list, right? That’s Jeff Bezos at $188 billion. The number-four guy, Bill Gates, is only $133 billion, with a “B.”
KING: I love the “only.”
DUTHIERS: I know, exactly.
DOKOUPIL: But the question is if you want to get richer do you buy stock in Twitter at the moment? I don’t know, based on what Musk has been tweeting about.
DUTHIERS: Well, Tesla stock has been surging, Tesla stock has been surging.
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