SAN FRANCISCO — Mr Elon Musk took a swipe at the board of Twitter on Monday after the social media company adopted a"poison pill" to protect itself from the second-biggest shareholder's US$43 billion cash buyout offer.
Mr Musk, a self-described"free speech absolutist" who has been critical of Twitter's policies, did not elaborate on the tweet. Twitter did not immediately respond to a request for comment. Later, the Tesla chief executive also tweeted"Love Me Tender", an Elvis Presley song, after Twitter opted a plan to sell shares at a discount to prevent any attempt by shareholders to amass a stake of more than 15 per cent. Musk currently has a 9.1 per cent stake.
Mr Dorsey's statement was a reply to a tweet by venture capitalist Garry Tan that said:"The wrong partner on your board can literally make a billion dollars in value evaporate."
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