While Twitter investors should hope for a takeover of Elon Musk, the opposite would be good for Tesla shareholders.
(Photo: Reuters)
New York, Dusseldorf It’s one of the strangest takeover gambles of all time: First, Elon Musk wanted to take over the short message service Twitter. He initially refused. After Twitter agreed, the Tesla boss no longer wanted it. Now the social media service wants to force the richest person in the world to take over in court.
How should Twitter and Tesla shareholders now position themselves? The Handelsblatt spoke to analysts, investors, bankers and lawyers and ran through various scenarios for the outcome of the process. The situation is complex and legally sensitive, and only a few want to comment publicly on it.
What is clear, however, is that the fate of Twitter shares is not the only thing that depends on the process. Tesla stock is also at risk. Below you will find the answers to the most pressing questions.
What is the Twitter vs. Elon Musk trial about?
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