Soldato
- Joined
- 4 Feb 2018
- Posts
- 13,316
Has he bought it yet?
The ongoing Elon Twitter saga: "insert demographic" melts down
- Thread starter Energize
- Start date
- Status
No. He's just another rich idiot.
Soldato
- Joined
- 3 Jun 2005
- Posts
- 3,281
- Location
- The South
Interesting article from The Atlantic, who talk with a professor of corporate law - Elon Musk Is a ‘Nightmare Client’.
Seems like Musk might be up **** creek, although i'm still confused how Musk's lawyers let him sign-off on the merger agreement/contract given some of conditions Twitter added
Seems like Musk might be up **** creek, although i'm still confused how Musk's lawyers let him sign-off on the merger agreement/contract given some of conditions Twitter added
Caporegime
- Joined
- 30 Jul 2013
- Posts
- 29,641
Interesting article from The Atlantic, who talk with a professor of corporate law - Elon Musk Is a ‘Nightmare Client’.
Seems like Musk might be up **** creek, although i'm still confused how Musk's lawyers let him sign-off on the merger agreement/contract given some of conditions Twitter added
Because you can't really reason with narcissists who think they know everything?
Your job as a solicitor is to follow the law and do what your client wants within the law.Interesting article from The Atlantic, who talk with a professor of corporate law - Elon Musk Is a ‘Nightmare Client’.
Seems like Musk might be up **** creek, although i'm still confused how Musk's lawyers let him sign-off on the merger agreement/contract given some of conditions Twitter added
Musk from multiple reports i've seen is the sort of person whose lawyers letters will likely have the lovely phrase "My client instructs me..." which is code for "my client is an absolute nightmare, I know this makes no legal sense and is not going to work but I can't get my client to see that, so I'm doing what he tells me", it's a red flag that shows any other lawyers that the correspondence is being done against legal advice.
You see this an awful lot with rich clients and celebrity clients especially, and in other instances it can show up as someone whose been arrested for something then giving a press conference where they say stuff that reinforces the case against them after their legal team have told them "don't say anything".
Basically from what I've heard he goes through lawyers who disagree with him, and I can very much see him ignoring their advice and signing the contract because he's the billionaire who has the rockets and they're mere lawyers and how hard can the law be if people like them are doing it?
Caporegime
- Joined
- 30 Jul 2013
- Posts
- 29,641
Yes... that's why they are "slinging mud", because he's successful and white.
Not because he's been really foolish and bought this on himself.
Soldato
- Joined
- 12 Feb 2006
- Posts
- 17,415
- Location
- Surrey
I guess with trump out of the picture, you need someone to needlessly defend.
You sure do have many coping mechanisms don't you.
You sure do have many coping mechanisms don't you.
Soldato
- Joined
- 3 Jun 2005
- Posts
- 3,281
- Location
- The South
You mean news reports, well news?
the Musk/twitter thing would get a fair bit of press regardless of who was involved because it's a very big buy out and involves a company that millions of people use every day.
Under most other people it would likely have died down a bit except for the tech and business sections and just gone along quietly to either be completed, or into relatively quiet litigation.
What's got it really making the news is that you appear to have got a man child who has acted impulsively and is now trying to get out of the contract he signed, is posting his opinions and comments for millions of people that follow him, and doing things that the contract he signed expressively said he couldn't do without facing contractual penalties.
Brought what on Vincent? He decided to pull out of a business deal so it's going to court. No one is sure of the outcome, either way it won't affect his life in any measurable sense, I doubt he's lost a wink of sleep over it. I'm not sure why you all care so much
Caporegime
- Joined
- 30 Jul 2013
- Posts
- 29,641
The court case.
Did I start this thread? No. And you have replied to it 89 times, and me 28 (inc this)
Why do you care so much?
This is a thread for fat blokes in the pub talking about how Cristiano Ronaldo is an overpaid idiot because he missed a penalty, I can't help but reply and remind people of that fact.
Soldato
- Joined
- 3 Jun 2005
- Posts
- 3,281
- Location
- The South
But the last contract Ronaldo signed netted him ~£53m rather than the potentially of losing $1bn+.
He's worth over $200bn, it's of no consequence to him losing $1bn. It's just business. 2 weeks ago Tesla was worth $673bn and it's currently worth $720bn. It's just numbers that go up and down at this point.
Soldato
- Joined
- 3 Jun 2005
- Posts
- 3,281
- Location
- The South
If it's just "numbers" and a billion dollars means nothing to him, then why go through the rigmarole and cost of a trial? Surely just stump up the cash and walk off?
This reminds me of the bet Sugar had with Trump about who could write a cheque for £100m
Associate
- Joined
- 19 May 2010
- Posts
- 1,464
- Location
- Cheltenham
Musk’s worth is based on the (insanely overpriced) Tesla stock. He needed the deal to act as an excuse to liquidate some of that stock into actual cash without looking like he was just withdrawing from the company at its most valuable and thus tanking the share price (again).
He doesn’t give a **** about any of his companies, just his own appearance and how he can feed his own ego.
If it's just "numbers" and a billion dollars means nothing to him, then why go through the rigmarole and cost of a trial? Surely just stump up the cash and walk off?
This reminds me of the bet Sugar had with Trump about who could write a cheque for £100m
Because it doesn't matter, it isn't a criminal trial, it's lawyers who's salary he pays anyway. It seems like he's making a point about how bad the botting is on Twitter, and since it's Elon Musk he doesn't really give a **** if it puts him out of pocket by a few quid.
You've just typed some purely speculative nonsense coupled with amateur psychology. Here's my amateur psychology, you all seem incredibly insecure and threatened by successful men who aren't risk averse
Interesting article from The Atlantic, who talk with a professor of corporate law - Elon Musk Is a ‘Nightmare Client’.
Seems like Musk might be up **** creek, although i'm still confused how Musk's lawyers let him sign-off on the merger agreement/contract given some of conditions Twitter added
Because he's Musk, he wants to get stuff done, so long as they brief him on the risks they'd better do what he wants or potentially lose him as a client.
At the time he clearly wanted to complete the deal, he's totally just throwing in all these excuses now because he doesn't want to overpay, either pulling out or possibly angling for a discount.
- Status