The Western Journal Twitter employees were demoralized after Tesla CEO Elon Musk’s ownership of 9.2 percent of the company’s shares was disclosed on Monday. Following the announcement that he had joined Twitter’s board of directors on Tuesday morning, they engaged in a collective meltdown. What will they do when they hear that on Tuesday evening, Musk amended his SEC filing to reflect that his investment is no longer “passive” but “active”?
MarketWatch reported that after striking a deal to join the company’s board of directors, Musk replaced his existing 13G filing with a new 13D filing, which indicated that Musk’s interest in the company had changed from a passive one to a more activist one…
