Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow.
“forced to overpay” is a weird, kinda Muskist-flavoured way of putting it. He just overpaid. He decided on a price, made a bid, reached agreement and concluded the deal, all entirely freely and of his own accord.
That he then wasn’t able to bullshit his way out of the contract shouldn’t be more than a footnote, it’s just normal process with court involvement only because he thinks he’s special.
I still don’t understand how they got him to sign that comically one-sided contract. He really should have involved a lawyer on his side. Maybe his ego was too large for that.
“forced to overpay” is a weird, kinda Muskist-flavoured way of putting it. He just overpaid. He decided on a price, made a bid, reached agreement and concluded the deal, all entirely freely and of his own accord.
That he then wasn’t able to bullshit his way out of the contract shouldn’t be more than a footnote, it’s just normal process with court involvement only because he thinks he’s special.
I still don’t understand how they got him to sign that comically one-sided contract. He really should have involved a lawyer on his side. Maybe his ego was too large for that.
Ego, narcism, over confidence, his entourage of Dick riding sycophants… The list goes on. Basically they called his bluff Elon walked right into it.
It’ll be years, if not decades before Elon truly appreciates that he fucked this up.