Tesla CEO Elon Musk Closes Deal to Acquire Twitter
In a stunning turn of events, Tesla CEO Elon Musk has closed a deal to acquire Twitter. The move brings to an end a months-long saga in which Musk was cast as a suitor, critic, legal adversary, and ultimately owner of the social media platform.
Some of Twitter’s top executives were fired, including CEO Parag Agrawal, chief financial officer Ned Segal, chief legal officer Vijaya Gadde and general counsel Sam Edgett. The company will likely be launching an internal investigation.
In a statement, Segal recounted his tenure at the company and vowed to remain active as a user of the platform.
“The last 5 years have been the most fulfilling of my career,” Segal said. “The people, the potential, and the importance of Twitter. The shifts in technology, politics, and culture. This will be hard to beat.”
Tesla’s acquisition of Twitter is a shocking development in the tech world. It remains to be seen how Musk will use his new platform.