Three very important events are ongoing now for Tesla Chief Executive and the World’s richest man, Elon Musk. These are the events on the public space and strangely all of them are dogged by controversies. Early in April 2022, Musk announced an ambitious acquisition of Twitter for a whopping $44b.
He is also reported to be wanting to buy lithium from Nigeria or possibly set up electric car plant in the country. Besides the $1b termination fee, the agreement includes a clause giving twitter the right to seek “specific performance” or relief that involves a court compelling Musk to carry out the deal.
“Now, less than three months later, Musk refuses to abide by his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests,” Twitter said in its lawsuit. “Preliminary analysis by Musk’s advisers of documents provided by Twitter to date causes Musk to strongly believe that the proportion of false and spam accounts included in the reported monetized daily account usage count is wildly higher than 5%,” Musk’s lawyers wrote.
The billionaire had tweeted last week that “I’m buying Manchester United ur welcome”, but after the tweet generated huge reactions from his followers, and was asked if he was serious, Musk said it was a joke. Besides, Nigerian government received offer from Musk’s vehicle manufacturing company, Tesla, to import raw materials from the country, amid plans of his network provider, Star link, setting up operation locally.