Elon Musk, the famed entrepreneur behind SpaceX and Tesla, is in hot water once again as he faces a lawsuit from four former executives of Twitter. They’re claiming that Musk owes them a whopping $128 million in severance pay.
The story begins with Musk’s acquisition of Twitter, but why? Let’s break it down.
Another day, another lawsuit: Elon Musk sued again
In a big legal fight, four former Twitter bosses, including old CEO Parag Agrawal, are suing Elon Musk. They say he owes them over $128 million in severance pay. Here’s what’s going on:
When Musk took over Twitter, he quickly fired Agrawal, CFO Ned Segal, and legal guys Sean Edgett and Vijaya Gadde. The lawsuit says Musk doesn’t like them because they made sure he stuck to his promises when buying Twitter. They even quote Musk from a book, where he talks about going after them.
Musk has been especially mean to Gadde, making fun of her online. This led to a lot of people being racist and mean to her, too.
But it’s not just these bosses. Other ex-Twitter workers are also in court with Musk over unpaid money. Since Musk took over, the company has stopped paying rent for some offices, causing more problems.
— Elon Musk (@elonmusk) April 27, 2022
One striking aspect of the lawsuit is Musk’s purported claims of “gross negligence” and “willful misconduct” against the terminated executives, without substantial evidence to support these allegations.
The lawsuit says Musk’s trick is to keep the money he owes and make people sue him, causing them more trouble and cost.
“This is the Musk playbook: to keep the money he owes other people, and force them to sue him. Even in defeat, Musk can impose delay, hassle, and expense on others less able to afford it.”
This fight shows how tough business can be, especially when big names like Musk are involved. We’ll have to wait and see how it all ends up.
Featured image credit: Twitter
