Schulte Roth & Zabel partner Ele Klein shares his thoughts in this week's DealBook newsletter by Andrew Ross Sorkin at The New York Times, regarding Elon Musk's declaration that his Twitter deal is on hold over the number of bots. "Musk may well keep tweeting about bots because otherwise, he’s got no card to play,” said Ele.
Many are speculating that Musk is trying to renegotiate his deal. Ele notes, “For Twitter, it then becomes a question of, how long do they want to keep fighting. I think life’s too short to fight with Elon Musk.”
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