Musk accuses Twitter of withholding info on fake bots, threatens to withdraw bid

In this file photo taken on May 02, 2022, Elon Musk arrives for the 2022 Met Gala at the Metropolitan Museum of Art in New York. (Angela Weiss/AFP)
In this file photo taken on May 02, 2022, Elon Musk arrives for the 2022 Met Gala at the Metropolitan Museum of Art in New York. (Angela Weiss/AFP)

NEW YORK — Tesla chief executive Elon Musk threatens to withdraw his bid for Twitter, saying the social media company is flouting its obligations to provide required data on fake accounts.

Twitter has committed “a clear material breach” of its “obligations under the merger agreement and Mr. Musk reserves… his right not to consummate the transaction and his right to terminate the merger agreement,” according to a document filed with securities regulators.

Most Popular