For the first time, presumptive buyer Musk answered questions from "tweeps" in a company-wide call.
Will the $44 billion offer by the CEO of the two companies to buy the social networking site go through? Your guess is as good as mine, but the market downturn means that his offer is a bit more steep than it was initially. What will he be involved in if the deal goes through? It's anyone's guess. Musk had a Q&A with employees of the social networking site.
Musk said on the call that he wasn't sure what his title would be at the company. He wants to be involved in the product and wants the team to listen to him. He said that he would adopt a similar leadership style at the social networking site.
When layoffs swept the tech industry, some employees asked about how Musk's potential acquisition might affect their jobs.
Musk was vague in his reply.
Costs are higher than revenue right now. He said that the situation was not a good one. Musk has warned employees that he plans to cut jobs at the company.
About 25% of the employees work from home. Musk sent an email to employees stating that they needed to spend at least 40 hours a week in the office.
He said that the office should be where your actual colleagues are located.
It's better if you're on location, but exceptional employees might be able to work from home. Running a social media platform is different from building cars or rockets, which Musk believes is impossible to do remotely.
He told the employees that the more senior they were the more visible they would be. He said that if he hadn't worked in the factories, the company would have been bankrupt.
After the deal closes, Musk wants to turn the platform into a private company, saying that it can be more productive without having to appease shareholders.
The acquisition is still up in the air, despite Musk's claim that the deal is on hold until it can prove that the number of bots on the platform are legitimate. It will be difficult if he wants to leave the deal.
In a statement last week, the company said it would continue to share information with Musk in order to complete the deal. The merger agreement will be enforced at the agreed price.
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