586
Judge finds evidence that Tesla, Musk knew about Autopilot defect
(www.reuters.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 22 Nov 2023
586 points (98.0% liked)
Technology
59419 readers
2897 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
https://techcrunch.com/2022/04/26/elon-musks-twitter-deal-includes-a-1-billion-termination-fee-on-both-sides/
There is an excerpt of the agreement in there. Seems pretty clear to me, but I'm open to hear your interpretation.
The 1 billion termination fee only applied in very specific circumstances. He couldn't just choose to pay it because he didn't want to go ahead with the purchase.
https://www.cnbc.com/2022/05/13/elon-musk-cant-just-walk-away-from-twitter-deal-by-paying-1-billion.html
Edit: Well, to be clear he actually he could decide to pay 1 billion and walk away but he would be opening himself up to a multi-billion dollar lawsuit from Twitter for breaking the contract.