• Latest
  • Trending
  • All
  • News
  • Business
  • Lifestyle
Elon Musk Issues Warning About Twitter Board Salary if He Takes Over the Company

Elon Musk Issues Warning About Twitter Board Salary if He Takes Over the Company

April 18, 2022
MICHAEL GLASSNER: Socialist Fantasy, Urban Decay: What New York’s Mayoral Race Means For America

MICHAEL GLASSNER: Socialist Fantasy, Urban Decay: What New York’s Mayoral Race Means For America

July 6, 2025
CHRIS JOHNSON And AIDEN BUZZETTI: The Left’s Prophesy Of Environmental Apocalypse Demands Revival On The Right

CHRIS JOHNSON And AIDEN BUZZETTI: The Left’s Prophesy Of Environmental Apocalypse Demands Revival On The Right

July 6, 2025
STEVE MILLOY: President Trump: Terminate The Green New Scam Now

STEVE MILLOY: President Trump: Terminate The Green New Scam Now

July 6, 2025
DAVID BLACKMON: The OBBBA Resets The Energy Policy Playing Field

DAVID BLACKMON: The OBBBA Resets The Energy Policy Playing Field

July 5, 2025
MANDY GUNASEKARA: Puerto Rico Saw The Light — Why Won’t Honolulu?

MANDY GUNASEKARA: Puerto Rico Saw The Light — Why Won’t Honolulu?

July 5, 2025
MATT MOWERS: After NATO Summit, Europe’s Free Ride Is On The Line

MATT MOWERS: After NATO Summit, Europe’s Free Ride Is On The Line

July 5, 2025
JENNY BETH MARTIN: A Socialist Victory – And A Warning For America’s 249th Birthday

JENNY BETH MARTIN: A Socialist Victory – And A Warning For America’s 249th Birthday

July 4, 2025
Trump Says Friday Is Elon Musk’s ‘Last Day, but Not Really’

Musk Continues Push For America Party

July 4, 2025
Trump Signs ‘Big, Beautiful Bill’ Into Law

Trump Signs ‘Big, Beautiful Bill’ Into Law

July 4, 2025
Lee Greenwood on ‘God Bless the USA’ Legacy: ‘That’s Where Patriotism Starts’

Lee Greenwood on ‘God Bless the USA’ Legacy: ‘That’s Where Patriotism Starts’

July 4, 2025
Trump Seeking Military Costumes for Parade

Trump Lambasts Dems Who Voted Against ‘Big, Beautiful Bill’

July 4, 2025
WILL SELLERS: Misunderstanding The Road To Independence

WILL SELLERS: Misunderstanding The Road To Independence

July 4, 2025
  • Donald Trump
  • State of the Union
  • Elon Musk
  • Tariffs
  • Congress
  • Faith
  • Immigration
Sunday, July 6, 2025
  • Login
IJR
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls
No Result
View All Result
IJR
No Result
View All Result
Home News

Elon Musk Issues Warning About Twitter Board Salary if He Takes Over the Company

by Savannah Rychcik
April 18, 2022 at 3:01 pm
in News
237 15
0
Elon Musk Issues Warning About Twitter Board Salary if He Takes Over the Company

Elon Musk gestures as he speaks during a press conference at SpaceX's Starbase facility near Boca Chica Village in South Texas on February 10, 2022. - Billionaire entrepreneur Elon Musk delivered an eagerly-awaited update on SpaceX's Starship, a prototype rocket the company is developing for crewed interplanetary exploration. (Photo by JIM WATSON / AFP) (JIM WATSON/AFP via Getty Images)

491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Tesla CEO Elon Musk suggested Twitter board members would not be paid if he acquired the company.

“Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there,” Musk tweeted.

Musk was responding to a tweet that argued if he took over Twitter the board members “don’t have jobs any more, which pays them $250K-$300K per year for what is a nice part-time job.”

Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there

— Elon Musk (@elonmusk) April 18, 2022

Over the weekend, Musk appeared to comment on Twitter’s efforts to thwart his offer to buy the company, as The Hill reported.

He tweeted, “Love Me Tender.”

? Love Me Tender ?

— Elon Musk (@elonmusk) April 16, 2022

The Hill pointed out it could be that he is considering a tender offer to Twitter shareholders.

According to Investopedia, a tender offer is a “bid to purchase some or all of shareholders’ stock in a corporation.”

The website explains, “Tender offers are typically made publicly and invite shareholders to sell their shares for a specified price and within a particular window of time. The price offered is usually at a premium to the market price and is often contingent upon a minimum or a maximum number of shares sold.”

Over the weekend, Musk also suggested the Twitter board does not have the same vision as shareholders.

“Wow, with Jack departing, the Twitter board collectively owns almost no shares! Objectively, their economic interests are simply not aligned with shareholders,” Musk tweeted.

Wow, with Jack departing, the Twitter board collectively owns almost no shares! Objectively, their economic interests are simply not aligned with shareholders.

— Elon Musk (@elonmusk) April 16, 2022

Former Twitter CEO Jack Dorsey appeared to blast the board amid its handling of the Musk saga.

A Twitter user wrote, “If look into the history of Twitter board, it’s intriguing as I was a witness on its early beginnings, mired in plots and coups, and particularly amongst Twitter’s founding members. I wish if it could be made into a Hollywood thriller one day.”

it’s consistently been the dysfunction of the company

— jack⚡️ (@jack) April 17, 2022

Dorsey responded, “It’s consistently been the dysfunction of the company.”

Earlier this month, it was announced that Musk would be joining the board.

Just days later, Twitter said that was no longer the case.

Tags: Elon MuskTwitterU.S. News
Share196Tweet123
Savannah Rychcik

Savannah Rychcik

IJR, Writer

Advertisements

Top Stories June 10th
Top Stories June 7th
Top Stories June 6th
Top Stories June 3rd
Top Stories May 30th
Top Stories May 29th
Top Stories May 24th
Top Stories May 23rd
Top Stories May 21st
Top Stories May 17th

Join Over 6M Subscribers

We’re organizing an online community to elevate trusted voices on all sides so that you can be fully informed.





IJR

    Copyright © 2024 IJR

Trusted Voices On All Sides

  • About Us
  • GDPR Privacy Policy
  • Terms of Service
  • Editorial Standards & Corrections Policy
  • Subscribe to IJR

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls

    Copyright © 2024 IJR

Top Stories June 10th Top Stories June 7th Top Stories June 6th Top Stories June 3rd Top Stories May 30th Top Stories May 29th Top Stories May 24th Top Stories May 23rd Top Stories May 21st Top Stories May 17th