For example, he said that the rewards for the Twitter top could be reduced and that he will develop new ways to monetize tweets. According to the anonymous sources, those promises were not very concrete. The financing deal with the banks was essential for the Twitter summit to accept the offer.
Tesla’s share price fell on Tuesday, a day after the agreement between Twitter and Musk was announced, the hardest since September 2020. Musk already made a large part of his sales on that day, it was announced on Thursday. He then divested more than 5 million shares on Thursday. On Thursday, the CEO tweeted that he had no intention of selling any more shares “after today”.
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