It's the never-ending story.

Elon Musk's lawyers on Thursday asked the court to end legal proceedings brought against the Tesla boss by Twitter to force him to buy the social network, in accordance with the takeover agreement signed in April.

They argue that the multi-billionaire offered Monday to honor his commitment and regrets that Twitter "insists on continuing the procedure, endangering the transaction and playing with the interests of shareholders", according to a legal document consulted by AFP.

By putting his offer on the table to everyone's surprise on Tuesday, Elon Musk made it a precondition that the lawsuit be dropped, which Twitter seemed almost certain to win, according to experts.

But according to Bloomberg, negotiations to conclude a new agreement are slipping in particular regarding debt financing (13 billion dollars out of the 44 billion of the takeover), a condition that the businessman would have added on Monday.

In short, the soap opera continues, and the days are numbered, with a trial supposed to start on October 17.

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  • high tech

  • Elon Musk

  • Twitter

  • Redemption

  • silicon valley

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