May 24, 2024

Twitter set to sue Elon Musk – right here’s his humorous response

Tesla billionaire Elon Musk has responded to Twitter’s warning to sue him, with a collection of pictures of himself laughing.

Jonathan Compton, Head of Dispute Decision at metropolis legislation agency DMH Stallard, stated: “Such a contract is often drafted particularly to rule out termination for loss or change in worth of the goal firm.

“Usually we’d be on the lookout for some sort of lively misrepresentation by the goal firm of fabric impression to the worth of the deal.

“So the bar is a excessive one, however Elon Musk has jumped some excessive bars earlier than.”

It comes after Musk instructed Twitter on Friday that he’s terminating the deal, citing considerations over the variety of spam accounts on the social media platform.

Twitter’s chairman, Bret Taylor, responded with a tweet stating that the corporate supposed to “pursue authorized motion to implement the merger settlement”.

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