Legal Hurdles Remain for Musk After Buying Twitter

The transcript discusses the challenges Elon Musk faced in closing the Twitter deal, including avoiding deposition and contradictory statements. It explores the potential impact on tech mergers and acquisitions, emphasizing that Delaware courts enforce deals. The focus shifts to legal issues Musk faces with Tesla, particularly a stockholder suit over a 2018 compensation package. The financial implications of the trial are considered, noting that a loss could be significant but not as large as the Twitter purchase. The case may settle for less than a billion dollars.

What was one of the main challenges Elon Musk faced as the trial for the Twitter deal approached?

• Securing additional funding

• Finding a new CEO for Twitter

• Avoiding a deposition

• Gaining public support

How might the Twitter deal impact future tech mergers and acquisitions?

• It will lead to more lenient court rulings

• It will have no impact on future deals

• It will discourage potential breakups

• It will encourage more hostile takeovers

What is the main focus of the stockholder lawsuit against Elon Musk regarding Tesla?

• Environmental violations

• Excessive compensation package

• Product safety issues

• Unfair labor practices

What must the stockholder prove in the lawsuit against Musk's compensation package?

• The compensation was unfair

• The compensation was approved by the board

• The compensation was below market value

• The compensation was performance-based

What is the likely outcome of the Tesla lawsuit according to the discussion?

• A full trial with a large settlement

• A public apology from Musk

• A settlement at a smaller level than a billion dollars

• Dismissal of the case