Elon Musk’s claims factually inaccurate, legally insufficient: Twitter

Twitter has filed a detailed response to Tesla CEO Elon Musk’s countersuit against the micro-blogging platform, saying his claims are ‘factually inaccurate, legally insufficient, and commercially irrelevant’.

According to Musk, he was hoodwinked by Twitter into signing a $44 billion merger agreement.

‘That story is as implausible and contrary to fact as it sounds. And it is just that — a story, imagined in an effort to escape a merger agreement that Musk no longer found attractive once the stock market — and along with it, his massive personal wealth — declined in value,’ Twitter said in its legal response filed in the Delaware Court of Chancery in the US.