The Tesla CEO expressed discontent with Democrats amid speculation he is seeking to back out of his Twitter deal
. He has also moved his home and company headquarters from California to Texas, where, unlike the Golden state, there is no state income tax.
The Tesla CEO has also long faced scrutiny from federal regulators. Musk is reportedly being investigated by the Securities and Exchange Commission for not reporting his 5% stake in Twitter soon enough, the Wall Street Journal reported. And he was previously penalized by the SEC over 2018 tweets in which he said he had “secured funding” to take Tesla privateand that he plans to bring balance to the platform.
The billionaire’s tweets have rocked Twitter’s share price and fueled speculation about his motivations. This week he sent a poop emoji in response to Twitter CEO Parag Agrawal’s tweets about spam. Musk suggested earlier this week that he could seek a lower price for the company because of the fake accounts.. “I’m still waiting for some sort of logical explanation for the number of sort of fake or spam accounts on Twitter. And Twitter is refusing to tell us. This seems like a strange thing.
Musk’s agreement to buy Twitter is legally binding, and he could face a $1bn break fee for walking away. “Twitter is committed to completing the transaction on the agreed price and terms as promptly as practicable,” the
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