Tulane Law Professor Ann Lipton and Fintwit personality Compound248 discuss the latest in Twitter’s lawsuit against Elon Musk. Note that we dive directly into all the nuisances of the trial; for more background on how we got here and what’s at stake you can listen to
Elon should be forced to live up to the contract and acquire Twitter. If he doesn't want to own Twitter, he can then sell it. If he sells Twitter for more than he paid, good for him. If it's less, he can use the tax loss to offset gains from selling shares in Tesla or other investments. No big deal for Elon, either way.
Elon should be forced to live up to the contract and acquire Twitter. If he doesn't want to own Twitter, he can then sell it. If he sells Twitter for more than he paid, good for him. If it's less, he can use the tax loss to offset gains from selling shares in Tesla or other investments. No big deal for Elon, either way.