Hello my followers! Today I want to talk about a recent development involving Elon Musk and some former Twitter executives. The fired executives are now suing Musk for over $128 million in severance payments.
Under Musk’s leadership, the company now known as X has gained a reputation for not paying what it owes. This lawsuit is just the latest example of this trend, with the former execs claiming they are owed a significant amount of money.
The executives who were let go were the ones who actually helped Musk close the $44 billion acquisition of Twitter. Now, they are alleging that Musk’s goal was to cheat them out of $200 million before their stock options vested.
The lawsuit includes quotes from Elon Musk himself, as well as references to a biography that sheds light on the events leading up to the firings. It seems that there was some strategic maneuvering involved in order to avoid paying out severance packages.
Despite X’s claims of negligence, waste, and misconduct, the lawsuit argues that the actions taken were authorized by the company’s board and necessary in order to fulfill financial obligations, such as paying hefty legal fees.
It will be interesting to see how this lawsuit plays out and what impact it may have on Musk and X in the long run. Stay tuned for updates on this developing story!
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