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tomerv | 3 years ago

> Musk signed a contract with an exit clause.

There are some exit clauses (like Musk not getting financing from his banks) but they don't apply here. Specifically, there's no exit clause for the bot percentage.

> If it was a promise it could be written on a hallmark card.

Are you just trying to change the meaning of the word promise? Most people would agree that if you break a promise you pay a price - it might be a social one in case of a promise between friends. Or it might be a financial price in case of a written & signed promise, a.k.a a contract.

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mrits|3 years ago

This is just pure misinformation.

jjeaff|3 years ago

No, you just misunderstand the breakup clause in this contract. It's not an exit for any reason and pay a fee clause.

Musk is actually obligated to buy the company at this point. It is unlikely the courts will fully attempt to force such a large purchase. But the penalty decided could be much higher than $1B.