Elon Sues The Lawyers That Forced Him to Buy Twitter
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@LegalEagle 11 ай бұрын
⚖ Who do you think will win this one? 🥗 Get delicious, healthy meals from Factor! legaleagle.link/factor
@Justin-ig8cd 11 ай бұрын
The people who sold Twitter to Musk.
@aloneill6337 11 ай бұрын
Wachtell, hands down... For a CEO, Musk has an exceptionally poor grasp on legal issues...
@castille2 11 ай бұрын
@@aloneill6337 and technical issues, and monetary issues, and ...
@genghiscan2918 11 ай бұрын
@@aloneill6337Musk continuing his flop era, you love to see it.
@christophergarrett7082 11 ай бұрын
Watched hands down. The lawyers did what he asked them to do.
@Tom_Het 11 ай бұрын
Elon Musk suing himself for buying Twitter is the only logical next step in this chain.
@VinceValentine 11 ай бұрын
Can he also beat himself up in a cage fight instead of Zuckerberg?
@MonkeyJedi99 11 ай бұрын
@@VinceValentine I will loan him the hammer.
@RorikH 11 ай бұрын
Watch his kids sue him for improperly taking care of money that should be their inheritance.
@tiffbeevachou108 11 ай бұрын
Give it time...
@haydentravis3348 11 ай бұрын
Can happen, just have different companies Elon owns sue each other. They're technically people, right?
@JoeAuerbach 11 ай бұрын
"The Twitter board was stupid to take my lawsuit tantrum seriously" is a hell of a take.
@rigelb9025 11 ай бұрын
I guess this guy is actually 3 years old.
@robertlinke2666 11 ай бұрын
it's literally what the kraken team said after defending trump..
@CarlosFlores-pl3lb 11 ай бұрын
Guy is the definition of failing upwards. No surprises here.
@noname7271 11 ай бұрын
@@CarlosFlores-pl3lb He's got plenty of height for some historical faceplants. Please give this man another microphone.
@void2920 11 ай бұрын
It really doesn't matter what he does with his money. He literally can do whatever he want and never run out.
@ColeYote 11 ай бұрын
I gotta say, filing this lawsuit *after* firing Twitter's three most-senior lawyers (at minimum) is an interesting strategy.
@timothyblazer1749 10 ай бұрын
Those "most senior lawyers" were actively working against his orders. That's why he fired them. Same with most of the rest of the company.
@prozorozo 10 ай бұрын
@@timothyblazer1749 fair but at least having them would be some sort of help, if only a minimal one
@user-gm3lg8gp3m 10 ай бұрын
@@timothyblazer1749lol, every layed off employee was working against his orders. Sure, buddy.
@mastertubbily1812 10 ай бұрын
@@timothyblazer1749yeah, it wasn’t Musk’s fault that the company started bleeding money after he became the new owner, it was the pesky employees
@sierra31454 10 ай бұрын
@@timothyblazer1749 sure they were
@HeartlesSv420 11 ай бұрын
Nothing says, "Twitter's better than ever!" quite like suing the ppl that made you go through with the offer that you yourself made. This is gonna be laughed out of court.
@emiliolarrazabal5360 10 ай бұрын
😂😂😂
@relight6931 10 ай бұрын
I really hope so. Just remember, he got a not guilty verdict for calling that Thai diver, when the kids were trapped in cave with their trainer, and the flooding, when he said that Musks submarine idea is moronic, he responded well you are a pedo.. Online, probably over Twitter app. He's legal defense was, he wus just joking.. Funny, haha.. Somehow that passed.
@elcookiemonsteru 6 ай бұрын
We are laughing already 😂
@sushijones 11 ай бұрын
I somehow didn't realize that since Twitter was the entity forcing Elon to buy the company, the legal fees would stick with the company, and not its prior owners. That's *extremely* funny.
@davidlewis5312 11 ай бұрын
While Twitter was a publically traded company, it was (and remains) a legal entity unto itself. The former board members are not normally liable for Twitter's bills at a personal level.
@josphe9011 11 ай бұрын
That's extremely messed up
@haxie4516 11 ай бұрын
@@josphe9011 yeah, Elon fighting a lawsuit against the company he's buying. He's basically neglecting his duty as the new owner right there.
@OriginalCreatorSama 11 ай бұрын
Seems Elon didn't realize that either xD
@BryanYouRacist 11 ай бұрын
@@josphe9011don’t buy a public company
@schaddalton 11 ай бұрын
I will never grow tired of watching Elon cry about effectively tricking himself into vastly overpaying for Twitter.
@rigelb9025 11 ай бұрын
Actually, his lawyers probably did. Knowing how famous, rich & dumb he was, this might have been like their free ticket to Eldorado.
@Bialy_1 11 ай бұрын
If he gonna get huge chunk of that $90 millions back to the Twitter you gonna come back here and admit that you were wrong?(and no i am not Elon fanboy and my twitter account is 10 years old and i loged to that account once -> teen years ago).
@kneau 11 ай бұрын
In practice, it's called a poison pill & while the total "penalty" of $44B was decided on within 24 hours of Musk's Tweet. It's formally called a shareholder rights plan.
@levistaeirssr2684 11 ай бұрын
@@Bialy_1suuuuure kid, totally not a fanboy
@cerebrumexcrement 11 ай бұрын
🤣🤣🤣🤣🤣🤣
@TravJam317 10 ай бұрын
Buying Twitter was the worst thing to happen to Elon Musk. But renaming one of the most popular brands in the world to just X afterward is even worse. What we've seen him do in the last month might be the fastest meltdown I can think of. This trainwreck is still going on and it's so interesting to watch it in real time.
@JakubWojciechowski933 10 ай бұрын
Someone once said Elon is one tragic accident away from being a supervillain. This was his tragic accident, but he instead become a laughing stuck
@thomasneal9291 10 ай бұрын
@@JakubWojciechowski933 We can only hope. the supervillain thing is actually not too far fetched, and is not meant as a joke, sadly.
@jefflittle8913 10 ай бұрын
"But renaming one of the most popular brands in the world to just X afterward is even worse." Bookmark this post and re-read it 5 years from now and you will be embarrassed.
@godassasin8097 10 ай бұрын
i mean everybody does know it's called X now
@JakubWojciechowski933 10 ай бұрын
@@godassasin8097 But nobody recognizes that
@MindinViolet 11 ай бұрын
I’m no lawyer, but it seems to me that buying Twitter is kind of Elon’s fault. I think Elon needs a bit more self-control, TBH.
@diamondsmasher 11 ай бұрын
This is the most Canadian post I’ve ever read on KZfaq 😂
@keemian 10 ай бұрын
@@diamondsmasher i thought so too
@PauloPontes 10 ай бұрын
Twitter said that had a certain amount of users and only AFTER the initial offering twitter disclosed the information "btw, we think 95% of this numbers are bots and not humans". Elon is right to be pissed...
@JessicaPradoHanson 10 ай бұрын
I agree
@commielnino 10 ай бұрын
@@diamondsmasher re commonsense
@Superdavo0001 11 ай бұрын
The fact he admits the initial lawsuit was nonsense while trying to justify his new lawsuit is just nuts
@extremepayne 11 ай бұрын
just wait 8 months till he sues someone else and has to argue that *this* suit was frivolous
@wile123456 11 ай бұрын
Not as nuts as him asking his mom to bail him out of the cage fight with zukerberg 😂
@jackielinde7568 11 ай бұрын
Ehhh... yeah. It's crazy, but at the same time he does have a valid claim to sue (that the law firm was grossly overpaid and/or overcharged for their services.) Does this mean he can win this? I don't know. My crystal ball is broken. But when it comes to revenge lawsuits, this one at least has some teeth in that it's a valid complaint.
@meoff7602 11 ай бұрын
@@jackielinde7568Well he didn't over pay the law firm. The people that owned Twitter did. So even if he wins, he won't get the money. He didn't pay them.
@killua6226 11 ай бұрын
@@wile123456wait, what? Can you give more details?
@Thereischeeseindeed 11 ай бұрын
watching Elon and Twitter decline is very fun in a 1789 French peasant kinda way
@johnfitzgerald1131 11 ай бұрын
It's been that kind of month lol
@JackdotC 11 ай бұрын
@@johnfitzgerald1131 It's been that kind of decade for the last couple decades
@aloneill6337 11 ай бұрын
@@JackdotC, at this point, I think it's safe to say it's been that kind of century.
@maryjanedodo 11 ай бұрын
2023 french peasant kind of way
@briangarrow448 11 ай бұрын
Anyone want to come to my guillotine party?
@jamezday 10 ай бұрын
Elon Musk is that guy that tries to send his food back after eating 95% of it
@totheknee 6 ай бұрын
"Elon X is that guy..." FTFY
@sterlingfury 6 ай бұрын
Absofreakinlutely
@gladys2563 2 ай бұрын
@@tothekneeWhat the hell does that mean
@jeffdonnelly7428 11 ай бұрын
When the very first Tesla was released, car critic Jeremy Clarkson was allowed to review it. Then, after letting him review their car, Tesla sued him for being critical.. Jeremy won. Then Tesla appealed and just kept going. Elon musk seems to have a pattern of using the legal system in very shady ways, this doesn’t surprise me at all.
@shizachan8421 11 ай бұрын
Tbh, I think at some point people should lose their right to sue, permanently. Even if a crime happens, they should be screwed.
@richardcrooks6713 11 ай бұрын
Wait, so "free speech absolutist" Elon Musk sued a well known car journalist for giving a bad review of one of his cars?!?!?!? That's hilarious!
@notagain2856 11 ай бұрын
Ditto his feud with the thai cave rescue diver. Musk felt his ego was challenged after the diver criticised his plan to use high tech robots in the rescue. Musk can be tenacious, but unfortunately in usually pointless feuds
@shizachan8421 11 ай бұрын
@@notagain2856 He usually just hates to be corrected by actual experts and educated people whenever he tries to larp as Tony Stark. Thats the issue when he rather spends his time on twitter than getting an advanced engineering degree to actually invent all of the technology for his products himself, which would gain him Tony Stark respect.
@Moosetick2002 10 ай бұрын
@@shizachan8421 So if a drunk driver kills your family, you couldn't sue them?
@DanJuega 11 ай бұрын
Can you even scare a law firm with the threat of a law?
@lauraprates8764 11 ай бұрын
It's just like extinguishing a fire with ethyl alcohol
@TheFireGiver 11 ай бұрын
Ya it's like threatening the US military with military force. I don't think you're going to win that one. I guess Musk could get an even bigger law firm to go after them. Probably just shoes how musk is more motivated by prestige and emotion rather than monetary concerns.
@jimballard1186 11 ай бұрын
Sure, if you make it about the cost of the nuisance. Law firms are out for profit, after all.
@satgurs 11 ай бұрын
@@lauraprates8764 to be fair, if the ethyl alcohol is high enough pressure it'd work
@bobfg3130 11 ай бұрын
@@jimballard1186 Not the case. They will just recover their losses FROM YOU.
@Makowh 11 ай бұрын
I'm an artist, and Musk saying that the litigation shouldn't have cost so much because it didn't involve any actual special skill nor exceptionnal law knowledge, is so typical of clients who absolutely have the budget to pay you, but just won't. It's the "my cousin could have done that for free" argument.
@haxie4516 11 ай бұрын
And the response is "if that's true... Why didn't your cousin do it for free, eh?"
@cl7700 11 ай бұрын
How billionaires stat billionaires...they don't pay their obligations
@Arterexius 11 ай бұрын
@@haxie4516 Or just "then ask your cousin to do it" and turn away to service the customers who are actually willing to pay. Bet this law firm will roll Elon the same way
@tileux 11 ай бұрын
Im a lawyer and over 30 years ive heard clients say that dozens of times. Usually from the richest clients.
@Makowh 11 ай бұрын
@@Arterexius That's what I've been doing for a while now, I don't have time for that bull. Same for those who "pay in exposition", I learned the hard way that free work only brings in more free work
@MicrowavedAlastair5390 10 ай бұрын
All I know is that it's generally not a good idea to sue a law firm.
@ceddavis7441 6 ай бұрын
You need to A, know they did something wrong and B, know they wronged you. Generally, but sometimes it is.
@thegomillionairemindset6719 10 ай бұрын
When capitalism works for him he's a ruthless ,genius ,business man, but when he feels like he loses he complains and says the deal was unfair how can anyone believe this man is a genius
@godassasin8097 10 ай бұрын
lawsuits are a part of capitalism as of now and he wouldn't buy Twitter if there wasn't a lawsuit anyway ?
@mikearchangel7998 9 ай бұрын
Even though he's regarded as a successful business man, that history is complex and has made him controversial. He was a history of breaking contracts! As far as a genius, his projects in tech and aerospace seem to have a particular interest of many in public. Twitter or X is a problem on many fronts apart from legal and money headaches PR wise most obviously see this as stupid. I personally would as say twitter was a huge waste of Elon's time considering the other companies he owns.
@efulmer8675 9 ай бұрын
@@mikearchangel7998 SpaceX and Tesla largely run themselves at this point due to the amount of trouble Musk has gotten himself in while directing those companies.
@vapsa56 7 ай бұрын
Sounds like Trump.
@BlanBonco 6 ай бұрын
He's clearly not very consistent which probably annoys his engineers a lot.😊
@SeverinSnake 11 ай бұрын
Let me try to get this straight: Elon is suing the law firm, once hired by his company to sue him to buy the company to begin with.
@johnladuke6475 11 ай бұрын
My favourite part is that he's probably using the same lawyers who already lost one round to this firm.
@celestineemili6313 11 ай бұрын
😂😂😂😂😂😂that sums it up
@Just_A_Dude 11 ай бұрын
Yup, because the guy who sold it to him basically paid Wachtell money that would have otherwise gone to Musk once they knew it wasn't going to be _their_ money any more. I'd be suing Wachtell _and_ the board for essentially grifting millions out of Twitter right before selling it.
@haxie4516 11 ай бұрын
@@TrueHelpTV that's a lot of words to say you didn't watch the video
@hoilst265 11 ай бұрын
"Hey, Legal Eagle, you heard of anything like that?" "Pfff. Never happen. That's the stupidest, most preposterous-" "Here's Elon's latest lawsuit. "Oh. Oh. Oh, my. Ooooooooooooooooooh."
@Patriotic_Eagle1995 11 ай бұрын
The fact that he got duped into this by yet more lawyers who are gonna get paid yet more money is the funniest part 😂
@randomaxe662 11 ай бұрын
He needs to start representing himself.
@AHDBification 11 ай бұрын
Assuming he pays them! He takes the Trump approach to paying his contracts.
@noname7271 11 ай бұрын
@@randomaxe662 I know more about the law than anyone. Many people are saying this!
@stargazer7644 11 ай бұрын
I imagine those lawyers currently representing him probably got paid in advance. They'd be stupid not to.
@Avarren 11 ай бұрын
We’ve established Musk isn’t actually that good with money…
@mags2226 10 ай бұрын
I for one cannot believe that one of the richest men on earth who roleplays on twitter as his own 3 year old child who bought twitter because he was being stupid would create such a frivilous, meaningless time-wasting lawsuit. if you can't trust a billionaire, man
@kylienielsen6975 10 ай бұрын
I like your profile picture
@ProfessorPootis 11 ай бұрын
I'm really done with rich people and politicians using the US legal system as thier stomping ground to freely demand money and settle squabbles whenever they feel like it.
@JustSomeGuyWithNoMaidens 11 ай бұрын
I will never understand why Elon has such a fanatically loyal fanbase...
@bf5175 11 ай бұрын
Many people are dumb and, unfortunately, dumb people are very loud and very sure of themselves.
@TheNaldiin 11 ай бұрын
Because he figured out, or lucked into, a few industries that a portion of the population find really cool. As a nerd, new development in space vehicles and automated driving are very much my bag. Then he presented himself as a wish fulfillment archetype that acted the way idiots wish they could get away with. They all imagine being him.
@tewks4458 11 ай бұрын
Does he? Literally every liked comment here is people ripping into him.
@andrewahern3730 11 ай бұрын
Gell-Mann Amnesia. Tech bros thought he knew what he was talking about until he started talking tech.
@kleeklor 11 ай бұрын
@@tewks4458hey, just because the muskrats don't watch legal eagle doesn't mean they don't exist!
@nataliadeavilapires2136 11 ай бұрын
Suing the law firm you already lost 44billion too, that's a bold move Cotton, let's see how it works out for him.
@daveg-Vancouver_Island 11 ай бұрын
Lol love it! Hopefully he follows the 5 Ds of Dodgeball! Give ya 44 billion if you know em? Lol
@EsteemedReptile 11 ай бұрын
@@daveg-Vancouver_IslandDodge, duck, dip, dive and dodge! *Throws wrench*
@macforme 11 ай бұрын
LOL...I had to Google that....
@panachevitz 11 ай бұрын
@@EsteemedReptile If you can dodge a wrench you can dodge a ball!
@Benjamas- 11 ай бұрын
@@mr.tamoshanter50a true American hero
@silkroad9991 10 ай бұрын
Hey there, Legal Eagle! My comment is not about the video in particular, I just wanted to thank you. After dropping out of uni, and struggling to find a carreer path, your videos inspired me to try and take on a carreer as a lawyer, and today I have been accepted into one of the most prestigious law schools in my country (I'm not from the US of A, I'm from Europe, Hungrary to be precise). I just wanted to say thank you for igniting a passion and interest in me for civil and criminal law through your videos. Stay awesome!
@Goodbutevilgenius 10 ай бұрын
Epic
@kyuofcosmic 10 ай бұрын
Congrats!
@Zen-zt4uk 10 ай бұрын
Oh damn nice job dude
@ryanmackenzie6109 9 ай бұрын
Holy shit! Good job! And good luck going forward!
@lc1138 6 ай бұрын
Congrats and good luck :)
@o4tw382 10 ай бұрын
I always felt like Elon couldn’t afford to just outright buy Twitter. That’s why he backed out. Net worth and liquid cash are completely different things. If you look at Elon’s history of false and wrong predictions and projects - you’d realize he isn’t this genius socialite he portrays.
@KnakuanaRka 7 ай бұрын
Yeah, a lot of his value is in his companies and properties, and a lot of those have questionable value on their balance sheets or mainly rely on Elon’s hype, so he isn’t going to have a lot of luck liquidating much of their value.
@abon1364 11 ай бұрын
It's a small comfort that even if the super-rich can't fail in life, they can still fail in court.
@Novastar.SaberCombat 11 ай бұрын
Exactly. Chump has done it on dozens upon dozens of occasions. But he's still completely invincible and untouchable. Kinda same thing with Theranos chick and Cryptocurrency creep.
@FutureChaosTV 11 ай бұрын
@@Novastar.SaberCombatthe "untouchable" part is currently going byebye fast.
@calamorta 11 ай бұрын
That's because he's going against other super-rich people
@b0nz1official 11 ай бұрын
It fills me with joy to think that people that have more money they could ever spend in 100 lifetimes still have to wake up in the morning and worry about stupid shit like that.
@gwen9939 11 ай бұрын
It's truly wild how much clownish behavior we're letting them get away with and still be like "these people are hoarding wealth that could save thousands of people".
@ArchibaldClumpy 11 ай бұрын
"It's so unfair!" - People who live their whole lives ripping off people who can't stand up to them, when they have to face any consequences at all ever
@elegantbiscuit2771 11 ай бұрын
This. He can take on debt to buy the company and saddle it onto the company, and this is perfectly fine. But when twitter takes on debt (or expenses) to sell the company and saddles it onto the company, that is suddenly not fine.
@Tyranastrasza 11 ай бұрын
reminds me of an orange guy.
@grahamstrouse1165 11 ай бұрын
@@TyranastraszaVery similar, yes.
@slothmonster7165 11 ай бұрын
Sounds like the gop. 😂
@CHIEF_420 11 ай бұрын
🧂🧂
@strawberrysangria1474 11 ай бұрын
Remember that day Elon brought a sink into Twitter with a big smile on his face? He may not be good at most things, but he's very good at foreshadowing.
@juju-xx5xn 9 ай бұрын
Right?? LMAO!! Good one!
@canyoucatchme138 10 ай бұрын
The lawyers: “Oh you are suing us? Sure, we will win. And you will pay us more. Again.”
@LexiH36 11 ай бұрын
So let me get this straight... He offered to overpay as a joke, signed a contract, got mad that they took him seriously and is now suing the law firm for...the results of his own actions?????
@TheNewton 11 ай бұрын
money creates a proportional mental disease , narcissism, delusional, disbelief in consequence of actions, etc.
@Ntnt11 11 ай бұрын
I guess this channel viewers have a lot of hate for Elon. Anyone who actually watched the video can tell that it is not what happened at all. Elon is sueing the lawyers because they went from hourly billing (almost 16M) to success fee rate (90M) before the day of closing the deal. Even a 5 year old can tell that it was a piece of shit move by the law firm which should not be ok at all. And as far as twitter goes, Elon's beef is that they started self sabotaging after agreeing to the fixed rate. Which again, should be super illegal. Its like buying a house and the previous owner than messes up the house before you move in. I am sure you would be pissed as well. Just because the contract has been signed, does not mean they get to neglect the product and self sabotage. The issue is plain and simple yet the people here seem to have a hate boner for Elon and get to ridiculous conclusions like yours.
@Julia-lk8jn 11 ай бұрын
Well yes if course. What's the point of being stinkin' 🤑 if not that cause and effect don't apply to you any more?
@nate_8403 11 ай бұрын
A large percentage of the users were bots. It was a scam company.
@seitanbeatsyourmeat666 11 ай бұрын
Yep
@AdamDayXCOM 11 ай бұрын
Any billionaire arguing that any other party didn't work "hard-enough" to earn what they've been paid, is painfully unaware of their hypocrisy.
@Xuyesi 11 ай бұрын
He needs to abuse us because he needs to pay off the spending spree of 90 million dollars on lawyers that showed up on his bill 10 minutes before taking over the company. I'm not really sure what's going on but it feels like there are a lotta Musk haters without considering what is going on. I think people are already biased to begin with. I'm just saying if you hate on rich people without taking out the even more scummier stay rich schemes.... you're also being kinda hypocritically blind. Maybe "LeagleEagle" has personal reasons for taking on the lawyers side as well.
@alisa9040 11 ай бұрын
Especially when you hear about how he's not paying rent for Twitter
@thefirm4606 11 ай бұрын
Especially since it started with a handful of blood diamonds
@theprettypetard2524 10 ай бұрын
i would agree with you for pretty much any billionaire except musk. the dude is litterally known to be a workaholic and for knowing nearly every small detail about anything is business is involved with. i am not saying he outright knows everything in his business but just that he knows an absurdly high amount about stuff to be able to have technical discussion with a wide range of specialist.
@haxie4516 10 ай бұрын
@@theprettypetard2524 he's not a workaholic lmao. That's literally just PR
@davidbrown4540 11 ай бұрын
I've said it before: If I go on social media and say "I'm going to buy Twitter", everybody would ignore me (although a few people might take a couple seconds to laugh at my broke rear end) When you own million$ in Twitter stock you can NOT do that and then say "hey just kidding!" Money talks. And in Elon's case it would not SHUT UP.
@stargazer7644 10 ай бұрын
He didn't just say it on Twitter. He signed a contract agreeing to buy it. If you were to sign a contract agreeing to buy something and then failed to do so, you'd likely find yourself in court too.
@vehx9316 10 ай бұрын
The one thing one realizes in the legal field, is that nothing gets a lawyer more motivated that him not getting paid.
@Zuo__ 11 ай бұрын
Imagine stating on social media multiple times that you'd buy a company and go through the loops and then try to back out at the last minute only to be held to your word. Crazy
@infernalstan886 11 ай бұрын
Shouldn't freedom of speech be a thing tho? Do we all have to buy companies we joke about buying?
@haxie4516 11 ай бұрын
@@infernalstan886 only if you sign multiple contracts saying you will, secure the finances for it, prep all the legal work and have lawyers on both sides finalizing the deal, yes. Otherwise? You have no clue what freedom of speech is.
@rakino4418 11 ай бұрын
@@infernalstan886freedom of speech doesn't mean you can lie in a written contract 😂 where do you people come from
@SomeKindaSpy 11 ай бұрын
@@infernalstan886 LMAO that has no bearing here. That's not what freedom of speech is or what it means.
@SomeKindaSpy 11 ай бұрын
@@infernalstan886 also, he wasn't just joking on twitter and then twitter forced him to then *buy* the company. You're completely insane if that's how you think the world works.
@memwyvern 11 ай бұрын
No one has done more to shatter the illusion of the brilliant tech billionaire than Elon has. Thank you for your service, you glorious deluded manbaby.
@GSBarlev 11 ай бұрын
Considering the competition (Sam Bankman-Fried and Elizabeth Holmes come to mind), you have to admit that it's quite an accomplishment.
@JohnDoe-qz1ql 11 ай бұрын
Why does everyone hate Musk??
@JohnDoe-qz1ql 11 ай бұрын
@@GSBarlev except They are scammers and Musk has shown to Actually be a businessman. So how are they comparable??
@BrandonAbernathy 11 ай бұрын
@@JohnDoe-qz1qljealousy.
@KingkuntaGG 11 ай бұрын
@@JohnDoe-qz1qlBecause his success comes from paying lots of actual smart people. But he portrays himself as some kind of tech genius. When in reality he’s just a semi-competent businessman.
@tonylawlor8833 10 ай бұрын
A guy that sacks 25% of the staff deserves all that comes his way, he could care less about their family’s. These ppl think they can do whatever they like.
@GeorgeVCohea-dw7ou 10 ай бұрын
He was right though, Twitter never should have hired them to begin with. Twitter was in disasterous financial shape when he initially took over. He had to quickly cut as much as possible, or it would have risked everyone. Most of those jobs were competitive tech sector careers, and those employees were almost certainly better off within corporations that need and value their expertise. Twitter, obviously, didn't.
@belka8618 10 ай бұрын
More like 85% now. Went from 7000+ to 1300.
@GeorgeVCohea 10 ай бұрын
@@belka8618 For such a bare bones service, he most probably has room to make further cuts. He has even cut the number of letters in the name and replaced it with one at this point.
@haxie4516 10 ай бұрын
@@GeorgeVCohea-dw7ou Realistically, he proved very quickly how much those employees were needed. The stability of Twitter has dropped to astonishingly low levels
@GeorgeVCohea 10 ай бұрын
@@haxie4516 Yeah, Twitter has seemingly fallen off a cliff to nonexistence. The only solution is obviously more employees.
@kerrykent7194 11 ай бұрын
He can't sue them for all the shockingly bad decisions he made when he took over the company.
@buixote 11 ай бұрын
This is what happens when the marginal tax rate is too low. Billionaires clog the courts with nonsense.
@drflannelxd904 11 ай бұрын
Inb4 capitalist simps get big mad about the truth
@nerfherder4284 11 ай бұрын
A judge can issue penalties to someone presenting a frivolous law suit and wasting the court's time. Both Musk and tRump need to be punished for this.
@obsidianjane4413 11 ай бұрын
As opposed to all the ambulance chasers who file frivolous shake downs on the behalf of idiots?
@Dayvit78 11 ай бұрын
@@obsidianjane4413 Uh yes, instead of. These Elon type cases take magnitudes of order more time and effort than shake downs - which if you watch this channel, aren't common since lawyers get sanctioned if they do.
@pete_lind 11 ай бұрын
The fee Twitter paid was 1/500 or 0,2% from that $44 bil Elon paid , its a small sum .
@Mrinsecure 11 ай бұрын
Every single problem in Elon's dealings with Twitter (and most of the other problems he has publicly dealt with) can basically be summed up as "Elon Musk thinks he's smarter than everyone else and he is hilariously, deliriously wrong."
@TheAnon26 11 ай бұрын
Fact: being smarter than you doesn't make someone smarter than everyone else.
@grunkleg.3110 11 ай бұрын
He's the final, ultimate evolution of the Redditor
@genericname2747 11 ай бұрын
fact: Elon Muskrat is dumb
@XerrolAvengerII 11 ай бұрын
@@TheAnon26that was brutal 😂
@NexuJin 11 ай бұрын
Was just watching a video where Elon Musk claimed to have asperger syndrome. More like assberger syndrome.
@SteveMHN 10 ай бұрын
He should sue himself for idiocy.
@totheknee 6 ай бұрын
-Don't give Elon X any ideas- Wait, what am I saying?! 🤣
@jesshallock5346 11 ай бұрын
If I understand correctly (which I probably don’t), the peeps who originally sued and sold twitter were brilliant. They didn’t have to pay a penny and walked away with the moneys. 💰
@David-sq2en 10 ай бұрын
The company have to pay... but 10 minutes after paying, Elon become the new owner, so he feel like he was made to pay for the lawyers that beat him up.
@totheknee 6 ай бұрын
And gave tons of money to their shareholders, which is the important part. They did the capitalism right, and Elon X + all his crybaby fanboyz are upset about it.
@danielruiz1394 11 ай бұрын
Honestly, I enjoy sitting back and watching Elon and twitter go up into flames.
@Canoby 11 ай бұрын
It's hard not to enjoy at this point 😆
@geongsi6991 11 ай бұрын
Schadenfreude is one hell of a drug
@ryanreedgibson 11 ай бұрын
You are not alone. It's been entertaining.
@spiderlily723 11 ай бұрын
Being priviliged is one hell of a drug, I guess.
@genghiscan2918 11 ай бұрын
@geongsi6991 is it still schadenfreude if it isn't wrong?
@fullmetaltheorist 11 ай бұрын
The Twitter saga summed up >Elon makes promose to buy it >Backs out >Lawyers force him to keep promise >Elon finds out he's not as smart as he thinks and causes a disaster at managing the company >And now he wants a refund after ruining the product he bought.
@persuasivebarrier2419 11 ай бұрын
Now imagine Tesla owners with buyer’s remorse or facing absurd costs for upgrades or replacements… there are plenty.
@haxie4516 11 ай бұрын
@@persuasivebarrier2419 companies don't really come with a warranty, cars do
@zaphodbeeblebrox2270 11 ай бұрын
😂😂😂
@zaphodbeeblebrox2270 11 ай бұрын
@@persuasivebarrier2419Twitter board didn’t promise Elon stars and the moon but Elon claims that in his barely functioning FSD, that’s the difference li’l fanboiii.
@Grunge_Cycling 10 ай бұрын
Lol that’s not at all what happened did you even watch the video?
@chrise8275 11 ай бұрын
Honestly, I don’t care that Elon lost money, he’s one of if not the richest man in the world. Nobody should be THAT rich.
@raef90 10 ай бұрын
And he's rich from IP theft and apartheid... then tax subsidising, stiffing, and no follow through in hundreds of millions, that compoundly grew, people throwing money at him much more than him having merit.
@fauxbro1983 10 ай бұрын
Lol what you mean? It's thru his equity stakes in companies. Hes not very liquid though
@culwin 10 ай бұрын
Well yeah... you shouldn't care about him losing money even if he wasn't rich.
@tjrune3432 10 ай бұрын
It would have been nice if he paid his staff better instead of hemorrhaging money all over Twitter to soothe his ego, though.
@lc1138 6 ай бұрын
The only thing I regret is that this money just went to other overly-paid parasites.
@terpsidance. 10 ай бұрын
Hilarious that he spent 44 billion dollars and now he's desperate for literally less than .2% of that amount of money...
@georgebynum2659 11 ай бұрын
The irony of Elon "emerald mine inheritance" Musk complaining about someone being paid too much for the low amount of work they did is astounding...
@minhduong1484 11 ай бұрын
The irony is that Musk is complaining about the work he did not see if all work always leads to results. The law firm was working under the premise that they would have to do whatever legally it took to force Musk to buy. It is the same logic people use when complaining about having to pay a deposit for services they cancelled. It is as if they do not think companies spent no time and money to prepare to fulfill a contract. "I know I ordered a special cake and cancelled a day before but who knew the baker would need to buy ingredients for my special cake? It was unfair for them to keep the deposit."
@Mr_Wallet 11 ай бұрын
Since 2015 Elon Musk's net worth has gone up by an average of $15.6 milllion dollars _every fifteen minutes._ The idea of him complaining about some of the best lawyers in the world being paid collectively that much for "only a few months of work" is ridiculous.
@xavierb9061 10 ай бұрын
@@Mr_Wallet crazy lie
@haxie4516 10 ай бұрын
@@xavierb9061 you're calling basic maths a lie? Good lord you truly are too far gone if you're calling maths a lie lmao
@jonno081 10 ай бұрын
@@haxie4516 Basic maths indeed shows its a crazy lie... Have you tried working it out? Every 15 minutes he made 15M since 2015? That's 4 trillion... He's not worth nearly that much.
@madlad1511 11 ай бұрын
I swear musk is like a kid being forced to clean the room he messed up and throwing a tantrum because of it
@taylorbug9 10 ай бұрын
And then, he has to clean up the mess from his own tantrum and still he is upset at everyone else for it 🤣
@bobjary9382 10 ай бұрын
Saying musk is like a child does a terrible disservice to all non adults
@squ1dd13 9 ай бұрын
made me laugh out loud. you’re absolutely right lmao
@krox477 9 ай бұрын
Yeah the room costs 44 billion
@SyntheticFuture 10 ай бұрын
It's funny how you are usually fairly unbiased when assessing legal situations but when it comes to this you are just smack talking Elon like crazy. And honestly I love it 😂
@j.l.2849 10 ай бұрын
My favorite part of this is that Elon is suing the law firm retained by the company that was forced to hire a law firm because Elon wasn't willing to do what he said.
@WhamBang 11 ай бұрын
I'm glad we live in a time where the idiocy of incomprehensibly rich people is on full display so as to dispel any notion that any of these people got where they are through anything other than exploitation.
@rezaman2080 11 ай бұрын
Well said 👏 indeed
@robertnope1993 11 ай бұрын
Yup. He sure does do everything in his power to dispel the myth of meritocracy. Just be born into apartheid emerald mine money and you can do any dumb thing that enters your mind.
@lakeofrot4198 11 ай бұрын
Yet there is still a huge chunk of people who stan for them.
@AngryReptileKeeper 11 ай бұрын
That, and insanely wealthy parents.
@CMDR_Hadion 11 ай бұрын
@WhamBang don’t forget financial privilege! You can only exploit so many people if you don’t have millionaire parents.
@harfharfful 11 ай бұрын
"$18M for only a few months of works", says the person who had hundreds of billions of dollars, physically impossible to have worked long enough to obtain.
@fos1451 11 ай бұрын
He doesn't have hundreds of billions of dollars in cash, his money is on Tesla stock, which is completely inflated price, way above its instinct value. So you could blame the market and people for that instead of him
@nerfherder4284 11 ай бұрын
The fact that he upped the asking price to $54.20 a share, only because he wanted 4.20 to be in the price shows he a moron and the judge can look at that a quip how someone can be so concerned with tens of millions when he spent an extra 3.5 billion dollar the be "cool"
@ErebosGR 11 ай бұрын
@@fos1451 The price is inflated because of the lies and grifts he has been pulling off.
@bobfg3130 11 ай бұрын
@@fos1451 Nice try. Musk hasn't worked for anything. He also lied about everything.
@niedas3426 11 ай бұрын
@@fos1451Doesn't matter. He still exploited workers to get his companies and himself so far and he can still access that money through scheduled sell-offs or low interest loans. Though it's not wrong that there's some useful idiots out there, but there always will be.
@dougbritton3239 11 ай бұрын
I can imagine that the many people he so famously "stiffed" previously, looked at this latest deal of his and quietly smiled to themselves and said "aint Karma great" .
@gedcourtney9305 11 ай бұрын
Finally - after watching this channel for years we finally get to the good stuff - lawyers' remuneration in civil litigation. As a person who works exclusively in fee disputes in the UK, it's interesting to see how things are done in the US.
@twill5626 11 ай бұрын
You know you're in good shape when you're suing a law firm. Those guys probably don't know the law.
@janmay7961 10 ай бұрын
😂 A top notch, bad ass M& A law firm at that too. Guess musk wants to loose more of this million s🤣
@Joshua_Hale 9 ай бұрын
A true gentleman like Musk would never go after easy targets! He will sue Big Law into oblivion, or else lose millions trying! Taking all bets.
@tonytravels2494 7 ай бұрын
you'd be surprised.. but hes right, one of the douches will lose. pass the popcorn.
@T1Oracle 11 ай бұрын
Fun fact: Elon Musk didn't create Tesla, Martin Eberhard and Marc Tarpenning did. Elon just bought it and kicked them out. *Edit* The original "master plan" wasn't Elon's idea either. That was Martin Eberhard. The design for the S3XY cars (the only cars they've actually finished) came from the platform Martin and Marc created. If South African Apartheid hadn't made "The Flying Haldemans" (Elon's maternal grandparents) rich, we'd have no idea who Elon Musk was.
@baal1969 11 ай бұрын
That's entirely true but you should also say that they hadn't manufactured one single roadster when that happened. Musk made it what it is today, they were long gone when S.E.X.Y. and CBRTRK happened.
@heat_death7 11 ай бұрын
@@baal1969has a single cybertruck made it into consumer hands? if elon were to resign today and the cybertruck comes out next year, would you attribute it to him? i am fully certain you would (the reddit fanboy you are), and that would certainly be wholly disingenuous.
@baal1969 11 ай бұрын
@@heat_death7 Of course I would, the same way I attribute the idea and design of the Roadster to Eberhard and Tarpenning. Not a fanboy either but I do like complete and accurate information. Seems to be common these days to hate based on incomplete information... My mention of the Roadster in my original reply is just to point out the fact that Today's Tesla happened a long time after they left.
@haxie4516 11 ай бұрын
@@baal1969 and it happened due to the engineers, not due to the conman who owns the company.
@baal1969 11 ай бұрын
@@haxie4516 Almost every company's success is due to the vision of its leaders and the employees fulfilling it. Musk is more hands on than most CEOs but he still needs thousands of skilled employees to make it happen. I agree with you but for the conman part, I don't believe it is the case. Most companies that he is involved with is are creating a big impact in the sector they operate in. Conman don't revolutionize industries... They con with nothing material to show for it.
@grkuntzmd 10 ай бұрын
When I do an impulse buy, it usually involves something that costs about $10 on Amazon that I later realize I really did not need. I've never spent $44B on an impulse buy.
@S.A.White... 10 ай бұрын
This is why announcing major financial decisions on social media is a bad idea. Especially if you havent talked to the seller or (im assuming) your accountant first.
@steakknives 11 ай бұрын
I believe this is one form of what is legally called an "idiot fee".
@gryrvn 11 ай бұрын
SAVAGE... 🤣
@chrisd7047 11 ай бұрын
in tech support we call it "an ID10t surcharge," pronounced "eye dee ten tee."
@Benjamas- 11 ай бұрын
It’s the i-d-10-T item code on the invoice 😂
@nbartlett6538 11 ай бұрын
I've experienced buyer's remorse a few times. But suing the lawyers for forcing you to buy the thing you tried to buy... holy shit.
@rigelb9025 11 ай бұрын
That ain't 'buyer's remorse'. That's 'public fool's cope'. When you're a billionaire. And a fool.
@Real_MisterSir 11 ай бұрын
that's not why he's suing them lmao did you even listen?
@yourwifesboyfriend6081 11 ай бұрын
Well, he’s suing them because he believes they got paid too much. Now, when you consider the amount of value they delivered to the shareholders, their compensation was just a drop in the bucket.
@kaw628 11 ай бұрын
Imagine you're buying a safe advertised as having X value inside. Now take 90,000,000 out of the safe during the sale. You're still fine with paying the same price for the safe?
@haydentravis3348 11 ай бұрын
Elon tried to get a discount on a discount and ended up paying extra.
@georgedunn320 10 ай бұрын
Wonderful insight into lawyer morality. If you "align the interests of the law firm with those of the client" they won't cheat so badly.
@dragonlord1689 10 ай бұрын
This is a perfect example of the meme where a guy sticks a stick in his own bike wheel and then blames someone else
@Dradeeus 11 ай бұрын
"This was insane, how much you paid to thwart me. My case is SO stupid and nonsensical that any intern could have won the case. I'm going to sue for Twitter's overreaction to the thing I personally caused."
@suzbone 11 ай бұрын
Perfect
@ViolosD2I 11 ай бұрын
Except they didn't pay to thwart him. - Sounded to me like he was already thwarted, with the lawyers' work having been "suspended in anticipation of the close". So there was no reason to pay more, from the company's point of view. Just for the board members personally, with regard to future dealings with their lawyer friends. Paid out of Twitter's pocket which they no longer cared about.
@mipmipmipmipmip 11 ай бұрын
@@ViolosD2I considering Elon's documented erratic behaviour, keeping lawyers on call until the very end seems a necessity
@alanmichael5619 11 ай бұрын
@@ViolosD2I that isn't how lawyers work.
@meneldal 11 ай бұрын
@@ViolosD2I Maybe some guy on the board has a stake in those 90 millions. It wouldn't surprise me if some members of the boards got something back for being so generous with the law firm.
@jonahfalcon1970 11 ай бұрын
Moral of the story: don't sue lawyers of your frivolous lawsuit.
@rigelb9025 11 ай бұрын
I think the even deeper moral here is : Don't be Elon Musk. Nor like him. Nor anything even *remotely* close to being like him. That should be a meme now.
@margodphd 11 ай бұрын
@@rigelb9025He's rich, therefore everything he does is right.. right?? Right?! 😂
@DarkOmegaMK2 11 ай бұрын
@@margodphd He can MAKE it right with the power of cash! 🤑
@jeffreymoffitt4070 11 ай бұрын
@@DarkOmegaMK2nope, money isnt magic lmao
@jonragnarsson 11 ай бұрын
My life sucks, but at least I'm not Elon
@LestatandBerial 7 ай бұрын
Honestly this reminds me of the hotel my mom works at. The guy who bought it owned a small 12 bedroom place in a small area, then bought a 150 room hotel without doing any due diligence. He walked in after buying it, found out how much it costs to do upkeep, filled his trousers, and started slashing left and right to try and get his money back. Less then 10 months after buying it, He’s alreadh trying to sell it. But the only way he’ll do that is if he finds a buyer like him
@briannahawkins8810 10 ай бұрын
“At least one of these parties is gonna lose” I love that you did a happy little wiggle while saying it
@riverbecomesastorm375 11 ай бұрын
I still think it's hilarious. Musk had two options to avoid all this to begin with: Either A) Just buy Twitter, or B) Just don't buy Twitter. But he had to go and make a spectacle of it, rushed in without thinking, and was surprised when he got tripped up by his ego, thinking it was all in the bag before realizing the bag's contents was just a bunch of lead dumbbells.
@krazyxki 11 ай бұрын
Lmfao even some dumbbells have more value atp, weights cost a fortune but at least they bring you value somehow 🥴Nice to finally see some consequences of Elon's own hubris for a change. It's normally only innocent people who get burned by his actions.
@theSleepyLamp 11 ай бұрын
Well, from what I understand, he didn't want to buy twitter. That's the whole reason why all this stuff happened. He basically went to the store, put a snickers bar into a checkout machine, and then realized that he was about to pay $50 for said snickers bar. He tried to back out of the transaction, but there is no cancel button, and thus obligated to pay the $50.
@riverbecomesastorm375 11 ай бұрын
@cyborgstan This wasn't a snack run. He signed and submitted legal documents. I do think he got screwed by the deal, but he was the one who made it, flaring trumpets with every legal motion.
@iversiafanatic 11 ай бұрын
@@theSleepyLampa 44b snack bar, classic blunder
@McFeedback1968 11 ай бұрын
He tried playing dirty pool by trying to change the terms of the agreement AFTER he agreed to it. I really do not think he is the genius he and his acolytes believe he is.
@peach_total 11 ай бұрын
the irony of musk saying “that’s too much money for only a few months of work” is insane
@bast713 11 ай бұрын
Underrated point
@lareolanKFP 11 ай бұрын
The only way that point could fly in court is if he turns around and immediately disperses 99% of his money and future income into salaries of his employees. 🤣
@fairyprincess911 11 ай бұрын
What a hot dog 🌭
@niello5944 11 ай бұрын
He barely works in a few months, it's not even a good comparison.
@sergiodbd 11 ай бұрын
Absolutely incredible 😂
@Taco_God 10 ай бұрын
Tesla routinely turns off options on their cars when they are sold from one party to another. They say that the options were sold to the original owner and not the new owner, so the new owner has to buy them again if they want them. So please Elon, tell me about unconscionable contracts?
@MrShobar 10 ай бұрын
E-Lawn set a match to Twitter's value and has burned down 2/3rds of it thus far. That's about 29.3 billion dollars. Great work
@KNByam 10 ай бұрын
In less than a year.
@AxelQC 11 ай бұрын
It will be funny when the old Twitter owners are asked to testify and they basically say, "We forced Musk to overpay, and our lawyers got us the money. That's why we paid them a handsome bonus." They're now rich and happy and watching Musk flail.
@IkanisuShikari 11 ай бұрын
I'm sure they're quaking in their boots... their gold-plated calf leather boots which they use to hike through their forest of money.
@audience7264 11 ай бұрын
"Overpay" is an opinion
@ghostnike901 11 ай бұрын
@@audience7264 Not in regards to Twitter
@ViolosD2I 11 ай бұрын
More like "We figured we'd use the chance to spend what is now Elon's money to gain favor with this law firm for the future. And spite him."
@jounik 11 ай бұрын
@@audience7264It is the opinion of former Twitter owners, that's why they accepted the offer in the first place.
@user-sq7nk9us6f 11 ай бұрын
To a narcissist everything is someone else's fault. Incapable of taking responsibility for own decisions.
@AndriaBieberDesigns 10 ай бұрын
This!! He is a narcissist
@matthuntley7407 10 ай бұрын
HAHAHAHAHAHA... His ego and the way he runs businesses got him into this mess... Had he just kept his mouth shut, instead of spewing BS about buying twitter... or had after buying twitter, listened to experts about how to run it... OR, had he just let other people run it, with a marketing group able to monetize it.. OR just stopped being a putz... then things would have worked out better. The response to this lawsuit should be : "Your honor, our ego-maniac client put himself into this position he finds himself, we did our best to extricate him, however he kept digging himself into a deeper hole."
@justinlim1256 10 ай бұрын
If Musk was a bad supervillain, he would be "The Tantrumizer!"
@Linda- 11 ай бұрын
funny how billionaires cant handle it when they actually have to bear the consequences for their own actions for once and immediately go the 'im gonna sue everyone' route
@Kinzokugia 11 ай бұрын
It's all they know
@Linda- 11 ай бұрын
@@Kinzokugia they just inherently feel invincible because they never had to bear any actual responsibility, which was clearly shown with the oceangate submarine situation - no sane person would undergo such adventure, but if youre a billionaire and all you ever did was throw money at problems, it makes much more sense
@Sweedster 11 ай бұрын
Well if you had a chance to get back $44 billion, you’d probably try to weasel your way out of it too.
@damp2269 11 ай бұрын
i'm no legal expert, but taking to court a law firm (this is what they do for a living) that already spanked you once seems like bad legal advice. I wonder how much he will get billed this time around.
@davidrosa3182 11 ай бұрын
That’s not what happened here. Don’t be dense
@alocii 11 ай бұрын
Worth mentioning is also that Musks weedjoke (buying the shares for 54.20 instead of 54 dollars) cost about 150m so if a joke is worth that much to him, rewarding a law firm for ~60% of that feels like a weird thing to argue haha
@henrys4838 10 ай бұрын
My hats off to Wachtell for hosing one of the most repelling personalities in the world.
@aaronyarb4988 7 ай бұрын
Wait a minute- Didn't Elon have lawyers checking out the contract BEFORE he wrote the check? He certainly can afford top level lawyers to check out contracts before he signs them, so he sueing the wrong lawyers! He needs to sue his contract lawyers for giving him bad advice!
@vapsa56 7 ай бұрын
Elon doesn't pay his rent on the building Twitter is in. Do you think he would pay for lawyers? Sounds like Trump.
@syav4467 11 ай бұрын
Elon deserves every bit of this. He ran his mouth, he played a game, real people spent real money facilitating his purchase, only for him to be like "actually JK". I am glad to see this idiot held accountable for running his mouth.
@digginggopher 11 ай бұрын
I delted twitter and started a threads
@futurefox635 11 ай бұрын
No one can say Go Woke Go Broke ever again. This guy went broker than anyone by leaning into hard Right conspiracy
@Edax_Royeaux 11 ай бұрын
@@futurefox635 Isn't he the richest man in the world?
@joze2188 11 ай бұрын
@@Edax_Royeaux lol here we go.
@ddjsoyenby 11 ай бұрын
the consequences of his own actions.
@JeromeBellon 10 ай бұрын
So, ultimately, Elon's argument is "they maliciously paid a bill I didn't intend to honor"? If this has a chance to fly, I'll be amazed again at how twisted the US legal system is.
@Mangaka-ml6xo 11 ай бұрын
7:30 That was a nice and smooth transition! 👍
@therabbithat 11 ай бұрын
I wish Unicef could have sued him for promising them enough money to end human hunger on earth for a century and making them work to plan out years of operations funded by him and then basically saying "just kidding, lol"
@nieselregen420 11 ай бұрын
Another example that the super rich aren't our friends :) They don't care about normal people, even if they can. They just want more and more
@gloraelin 11 ай бұрын
Yeah, that one ... That one was just absolutely needlessly cruel. Which, it IS the muskrat, so... Idk
@FrankMcFuzz1 10 ай бұрын
Also it was less expensive than twitter lol
@Gigachad-mc5qz 10 ай бұрын
"We wouldnt wanna feed the animals now would we?" - elon musk
@jkingofthechicken2217 10 ай бұрын
Unilateral promises aren't generally enforceable. They can be in Scotland though so be careful what promises you make in haggis land.
@davidbates3057 11 ай бұрын
"Elon has a long history of stiffing people he owes money to." Y'know, a few years back I said Musk was basically the Silicon Valley version of Trump, and the more you learn about the man, the more and more those similarities are just slapping you in the face.
@rigelb9025 11 ай бұрын
And by the way, no one should be surpised about 'that'. I mean, it is called ''Silly Con'' Valley, after all.
@jasonbrogdon1 11 ай бұрын
Trump and Elon are 100 times better than the Hook and the Pedo that half the country elected. Terribly silly to cast that vote and speak at all about people. Clearly half this country is oblivious to people and their characteristics and nuances.
@deeznoots6241 11 ай бұрын
Atleast trump is funny, Musk is incredibly bad at comedy and just reposts bad memes
@Lurdiak 11 ай бұрын
@@deeznoots6241 Musk desperately wants to be an epic poster and that pursuit has cost him literal billions of dollars.
@Maphisto86 10 ай бұрын
I think Elon Musk does deserve a settlement in this case. Not going backsies on buying Twitter or getting any money back. That is for sure. However, justice should be served by giving Elon a private performance of the world's smallest violin.
@StarwasterPrime 10 ай бұрын
I'd do it for free, but I can't find mine. I think it fell in a crack in the floor!
@totheknee 6 ай бұрын
"I think Elon *X* does deserve a settlement in this case." FTFY
@Mr___f 10 ай бұрын
Elon is missing the whole point lol this is like getting caught up on seller paid closing costs when you bought a house for 150% market value last year. The guy is an awful business man. He would be better off just not doing anything.
@Archontasil 11 ай бұрын
Elon: i'm going to buy twitter, not for profit, but for preserving free speech Elon: i don't want to buy twitter, it's full of bots Elon: they forced me to buy twitter, now i have to make it profitable (went horribly wrong) Elon: I'm suing that guy who forced me to buy Twitter
@macmcleod1188 11 ай бұрын
You left out all the ways he has restricted free speech on Twitter since he bought it. 😅
@kathynj6479 11 ай бұрын
😂😂😂 exactly
@rigelb9025 11 ай бұрын
I think you missed the first few steps : -I'm going to speculate on Twitter stock. -I'll tell everyone I'm buying it. -I'll back out at the last minute, when I finally decide that company is beneath me. -Oops, now I actually have to do what I said I'd do.. are there any books on how to do that? Yikes... And, now, your story can begin.
@Gotlyfe 11 ай бұрын
@@macmcleod1188 You pretending that hosting a platform for free speech is easy, is just hilarious. Pretending that free speech means you have a right to use someone else's software in any way you want, also hilarious. If you want free speech, walk outside and yell in your town square. See how people react if you say the same things you post on the internet.
@Archontasil 11 ай бұрын
@@Gotlyfe elon himself said he's a "free speech absolutist". Letting people speak freely is actually easier than selectively censoring stuffs
@Rugelacharugula 11 ай бұрын
Something tells me if you can afford to even *_consider_* buying a $44 BILLION company, very few people can actually “force” you to do anything you don’t want to.
@lisamarie9028 11 ай бұрын
... and like Citizen Kane can probably afford to operate at a loss until Twitter no longer amuses him.
@Thundermaceaus 11 ай бұрын
He bought Twitter using a leveraged buyout. From what I've read, nearly a third of it is in loans.
@altrag 11 ай бұрын
@@Thundermaceaus Loans don't mean the same thing to a rich person as they do to us normies. Almost everything a rich person does is paid for on loan - its actually cheaper for them to cover the interest than it is to spend their own money. Remember the vast majority of a rich person's wealth isn't in a bank account, its in real estate or stocks or other assets that are usually expensive and sometimes outright difficult to liquidate on demand, but function perfectly well as collateral. The actual bank balance (at least in accounts that can plausibly be traced to them :P) is typically only in the hundreds of thousands to millions. Still well more than the rest of us are ever like to see, but a tiny fraction of their overall wealth.
@Ixxlostinabox 11 ай бұрын
Once a agreement to buy a company goes past a certain point the buyer is stuck with it, that is what happened to Elon. He took the whole thing further than he wanted and was obliged to finish what he started. He was only forced to buy twitter because twitter could have sued him. But TBH Elon would have lost less if he just let Twitter sue him for not buying it in the first place.
@jossypoo 11 ай бұрын
Tell it to the SEC
@pelbeyak 11 ай бұрын
Maybe I missed it, but did the Wachtell law firm's contract ever describe that they would be due success fees? It sounded like they were only going to bill hourly. If it didn't, it just sounds like "Hey, this new fee that we never discussed? Yeah you owe us that now". If it is the case that this law firm just *invented* a new fee after the fact, that does seem inappropriate.
@tracyjackson7419 10 ай бұрын
Considering this law firm is supposedly the best of the best, wouldn't it make more sense that there is some sort of document detailing the success fees, but it just hasn't been released yet? That makes infinitely more sense than the firm going "lol here's a super secret bill k thx bye"
@alkaholic4848 10 ай бұрын
Yeah but the time to dispute it is when you get the invoice, before you pay it. Not a year after you paid it 😄
@craigfenson 11 ай бұрын
14:41 LMAO when reputation precedes the 'genius'.
@Antares2 11 ай бұрын
I love how his obsession with the childish 420 reference ($54.20 per share) cost him billions of dollars in the Twitter buy. Just like I love how they used the same 420 reference to launch SpaceX's Starship without preparing the ramp properly. Rushing to reach the "funny" date, costing them more millions and months of delays. What a child.
@TheCarpenterUnion 11 ай бұрын
Would you like to talk about how much is wasted by the American government, or really any other silicon valley company? All for not even a meme? Learn to have a little fun instead of being the guy nobody wants at a party.
@haxie4516 11 ай бұрын
@@TheCarpenterUnion ok, but given Elmo also wastes that amount, additional waste of so much time, money and with a disregard for safety... It's not worth it for a 420 meme. Especially not when it comes with the cost of human life.
@Lurdiak 11 ай бұрын
@@TheCarpenterUnion I cannot imagine anyone I'd want less at a party than 50 year old using 20 year old memes and thinking he's clever.
@diamondsmasher 11 ай бұрын
I’m surprised he doesn’t schedule more stunts on June 9th
@elekktrikk_home_video 10 ай бұрын
A child who puts actual rockets and people in space, internet everywhere (starlink), EVs on the street (which started the current EV craze) and understands how the financial and economic system works. And buying twitter has a major impact to any future politics because of the changes in policies and buying the thing makes it possible to investigate and publish facts legally.
@protoclone138 11 ай бұрын
Elon has to face the consequences of his actions and is trying to get out of it? SHOCKED! Shocked I tell you.
@DarkOmegaMK2 11 ай бұрын
Trying to get out by diving even deeper into these consequences.
@richardgilson3512 11 ай бұрын
I have been assured that Consequences are only for "the little people"
@KracklinDark 11 ай бұрын
Well not that shocked.
@suicune2001 11 ай бұрын
@@richardgilson3512 Elon probably can't even spell consequences. It's a foreign concept to him. lol
@michaelbuckers 11 ай бұрын
If a billion dollar law firm held you accountable for every single thing you say, having it enforced would be less of "consequences" and more of "cruel and unusual punishment for no real fault".
@tommygamba170 6 ай бұрын
Republicans talk about frivolous lawsuits but Elon and Trump are the largest commits of frivolous lawsuits.
@tonydejesus2134 Ай бұрын
Devin, you should occasionally do follow-ups on some of your videos to fill us in on what happened since.
@JohnLemieux 11 ай бұрын
Very funny that he simultaneously claims that buying twitter was a big brain genius move on his part and is also using everything legally available to him to get out of it
@rigelb9025 11 ай бұрын
Well what do you expect. That's called ''Being backed into a corner, and mindlessly flailing in any direction you can until you finally manage to wiggle out of it. In public''.
@bouclechocolat 11 ай бұрын
And his fans still think he's a genius...
@JohnLemieux 11 ай бұрын
@@rigelb9025 me, with my neck in a guillotine: “ah ha, just as I planned. My enemies are right where I want them.”
@rockstermaniac 11 ай бұрын
i mean buying twitter was a big brain genius move... it allowed him to successfully sabotage one of the biggest players in online media and turning it into a propaganda machine for his beliefs. He's just hit a bit of a snag with the last part of his genius plan... getting out of having to lose his personal fortune by dropping its carcass in someone else's hands.
@BIGBLUBLUR 11 ай бұрын
@@JohnLemieux6D chess!
@grillmadeofrecycledgrenade3197 11 ай бұрын
"Musk then tried to back out of the deal for reasons related to him being an idiot" is legendary, I love this channel
@carlosmoreira8835 11 ай бұрын
That one's gonna rustle some jimmies
@snickerdoooodle 11 ай бұрын
@@carlosmoreira8835My boss is an Elon simp so I can only imagine the rage he'd be having over this video lmao
@theturtle8869 11 ай бұрын
Anyone who isn’t an idiot saw that he was paying way too much for Twitter.
@ZechsMerquise195 11 ай бұрын
@@snickerdoooodle Send him a link.
@AxeGaijin 11 ай бұрын
@@snickerdoooodle Musk Rats are the worst.
@Googlegivemyoriginalnameback 4 ай бұрын
Imagine suing the people who forced you to follow contract law.
@Mongchengly 10 ай бұрын
i really like that you put the sponsor segment on the end, thank you good practice!
@TheSnozzwangler 11 ай бұрын
"Buying Twitter might be the worst thing to happen to Elon Musk..." Incidentally, it was also the worst thing to happen to Twitter...
@jennytalia8224 11 ай бұрын
"Burn!" 😀
@sulljoh1 11 ай бұрын
Bad all around Engineers should stick to engineering
@dejEtack 11 ай бұрын
Which makes it the best thing to happen to everyone else.
@andrewahern3730 11 ай бұрын
It was the best thing ever for Twitter shareholders who got a huge gift
@ohiodoesntexistordoesit 11 ай бұрын
@@sulljoh1 he isnt an engineer .... he is a rich spoiled brat that HIRED engineers to do all the work for him
@that2amvagueexistentialdread 11 ай бұрын
I never stop being amazed over the ultra-wealthy throwing hissy fits about their actions having consequences. They're not used to it at all.
@MrClickity 11 ай бұрын
I used to think that was an exaggeration but they really do seem to believe that any attempt to hold them accountable for their actions is "persecution"
@Outwardpd 11 ай бұрын
@@MrClickity When all you've known your entire life is privilege then equality feels like oppression.
@Valsorayu 11 ай бұрын
@@Outwardpd Great line
@Sunless1337 11 ай бұрын
@@Outwardpd Elon's family understands oppression, just from the other side of the whip. Just ask the slaves they got all their blood money fortune from.
@thomasfplm 11 ай бұрын
Fun fact, the car brand Lamborghini was created because Ferruccio Lamborghini the owner (at the time) of the Lamborghini brand of tractors had a disagreement with Enzo Ferrari, the guy who created and was the owner of the Ferrari brand of cars.
@vidhead85 2 ай бұрын
All these "rich geniuses" have in common is that they continually refuse to pay people they owe money too. It's disgusting af
@whitlermountain7198 11 ай бұрын
thank you for bringing the ⚠ TRADE OFFER ⚠meme back I love it 🤣🤣
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