Friday, 24 March, 2023

Responding to Musk, Twitter claims that no contract duties were broken

<p>Days after the CEO of Tesla Inc. attempted to back out of the $44B deal, Twitter Inc. hit out at Elon Musk, accusing the billionaire of &quot;knowingly&quot; breaking an agreement to buy the social media company. Twitter stated in a letter to Musk that it had not violated the merger agreement, contrary to what Musk had claimed on Friday in order to seek to terminate the acquisition. The letter was also submitted to regulators on Monday.</p>