Musk is getting closer to pushing the big red button on his deal because he wants to make sure that people are real.
In a letter Musk's team sent to the SEC, Musk argued that the company has not provided enough information regarding the number of bots on the platform. According to Musk's lawyers, the company is obligated to give Musk any data he wants about the state of the company, but they have so far refused to give all the goods.
Musk claims that this is a clear violation of the merger agreement and that he can end the agreement if he chooses.
According to the letter, Mr. Musk believes that the company is trying to undermine his information rights under the merger agreement. The world's richest man was not happy with the letter that was sent to him by the social networking site.
Musk wants to understand the situation with the bot. He wants his team to do a random sampling to figure out the number of fake accounts. If the deal doesn't go through, the company must give any information about the business, properties or personnel, except for anything that can cause competitive harm to the company. The internal estimates for the number of bots is less than 5%, according to the micro-blogging site.
Musk doesn't have to explain himself for requesting this info, and that the obstinance in providing Musk user data "is causing further suspicion that the company is withholding the requested data"
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