100 Percent Fed Up By Adam Wilson
Just over a week ago, Tesla and Space X CEO Elon Musk bought a 9.2% stake in Twitter, making himself the biggest shareholder in the company. Left-wing Twitter CEO Parag Agrawal tried to strike a conciliatory note with Musk, saying that the company was looking forward to working with him and even offering him a position on the board.
It now seems like his attempt to extend an olive branch to Musk was nothing more than a move to head off a potential hostile takeover after the board’s ridiculous demands were released. The demands included capping Musk’s stake in the company at 14.9%. Musk’s board position would also come with certain fiduciary duties that could prevent him from exposing Twitter’s censorship regime to the public.
After Musk declined to sit on the board, Twitter’s CEO released what was mostly a generic statement saying that he still values Musk’s input despite his decision not to join the board…
