The lawsuit concerns Twitter’s office space at 650 California Street, not its main headquarters on Market Street. But it comes after media reports last month said Twitter’s new owner, Elon Musk, had stopped paying rent on Twitter’s office space globally — including for its headquarters — and had told employees not to pay company vendors, in an apparent effort to cut costs. Musk acquired Twitter for $44 billion, including a substantial amount of debt financing.
Daniel Bornstein, a real estate attorney in San Francisco who represents property owners in tenant-landlord disputes, said the complaint could be among the first of many to drop if Musk foregoes payment on some of Twitter’s financial obligations. But due to Musk’s status as one of the world’s wealthiest people, he said, office space owners will be loath to push him too hard. Musk’s deep pockets make Twitter a lucrative renter, at least when it pays, or when it is forced to pay.
What's happening?
Who cares!? This is supposed to be news?
Of all the tenants breaking leases in this economic climate, it’s no surprise this is the story to run from CNN.
Maybe Elon forgot that they have an office there.
Keep dumping or trying to on him. A man that has got to his level will only get back there, don't ever doubt em. Somethin tells me he will have the last laugh
Good for him
Lmao why is this a story? Almost like the media has an objective.. 😱
It's almost like Trump runs Twitter now! 🤔 🙄
You love to see liberals defending landlords
Really cnn? This is news? Stop it.
I do not believe you
Trump and Musk....turkey vultures of a feather...flock together.
How Convieant, the timing? Garbage...
Oh boy, not another article bashing Musk. Pitiful
Remember when CNN was sued by that catholic school kid for 250 million for false reporting
Who could have guessed Elmo is a weasel
Don't pay it your moveing offices ru to afford better rent rates
Definitely not on the top of my “give a shits” list!
Common Musk L
Not a people the Twitter files. Not a real News Network
He’ll use his lawyers whom he already pays to argue that Twitter doesn’t make enough money to pay and get out of it somehow
Elon Musk bought Twitter to liberate the common man from the grip of fake News disinformation. Copy that!!!!
For one missed payment? Nah that landlord is just trynna milk some extra $$$
Fake news
i THOUGHT you guys got better a coupla months ago?
Once he gets a 'pay or quit' notice...he gets out of any contract for the building 🤣
State media...
you think inserting 'allegedly' makes you safe or real or honest?
Funny old Managemet did not pay. New owner renegotiating go elonmusk
No one trust
Hey Elon screw that Landlord - send the bill to Gavin and move Twitter to Texas or Florida
No wonder CNN + went tits up with this level of extraordinary, brave reporting. What a joke.
Not gonna report on the TwitterGate files released today showing colluding with the government to suppress free speech? Kinda the way you’re doing now by constantly trying to berate Elon.
How about reporting on how you are told what narrative to report about, we know that's what you do here's some proof
Yep CNN now starting their hate campaign against Twitter
Elon should buy San Francisco.
Guess he shouldn't have fired that accountant
Counter sue for defamation.
twitterfiles
Yeah…. Sue away…
This is news?
Lol …yes let’s run this article as opposed to the Twitter files releases…playing right into the narrative
3rd time they posted it on twitter this morning
Where's the filing?
Wow, this is news CNN wouldn’t know a news story if it smacked them in the face.
Soon you won't be able to either the way you're bleeding viewership.
Well maybe it was a simple paper to computer interface problem at the server nothing more 😮🤩
This is unexpected
Perhaps the tenant overlooked paying the rent? Or was that person fired. ? Or quit? Someone has to pay.
Musk attended the George Santos School for Financial Success.
Old news. Wow your network is bad.
Okay and?
lol where’s the breaking news headline
🙈 slow news day?
Musk and Trump both don't pay those silly little guys, only they deserve money, mostly for grifting and pumping and dumping stocks. Employees and vendors get stiffed.
More Fake news from CNN’s gossip agenda anti Musk dept.
Typical republican move
😂
New ownership sorry 😆
This is hardly the story you should be reporting on when there are blatant violations of first amendment rights being perpetrated by the federal government, including the traitor Adam Schiff!
Sounds like trump
CNN,eso no es noticia,eso es brete del retrete que es esa cadena.noticia es la podredumbre que había en Twitter y que Elon ha denunciado y ustedes ignorado porque no le sirve para su narrativa sesgada hacia los democratas.
Take it to court in California, Musk will have a person on Mars before it makes to a California court.
How about the Twitter Files?
Real news...
How very trumpian of Elmo.
Rent probably high as hell in San Francisco is like ✌️
Ask JACK! Elon has just purchased this dysfunctional apparatus! 💯 Are insinuating that this a Lemmon? 🍋 🇺🇸🇺🇸🇺🇸
Evictions are difficult, but necessary. Kick out the deadbeats!
Ha ha. I've been down this road before of a company head deciding not to pay rent. It gets ugly pretty fast. And expensive as hell.
So when will they put padlocks on the doors?
OMG guys, this is really going to put Elon in the poor house now!
elonmusk you better pay up your land Chad and give him a generous tip you deadbeat rentoid
elonmusk I would assume this is something the finance dept would oversee and handle. If you aren't already, you should be looking into this
Why don’t you report on something meaningful?
Elon forgets Twitter has office on earth. Not in clouds only🤣