Elizabeth Warren SLAMS Elon Musk: 'He Thinks Rules Don't Apply To Him'

Billionaire Elon Musk may have over 100 million followers on Twitter, but Elizabeth Warren is definitely not a fan!

On Tuesday, the Senator from Massachusetts was asked about the latest lawsuit from Twitter, and Warren's response was far from unexpected.

In the video above, the 73-year-old politician is asked about the Tesla CEO withdrawing his bid to buy Twitter.

“Senator Warren, Elon Musk tries to withdraw his purchase from Twitter,” she was asked. “Does that surprise you?”

“No,” Warren replied with a laugh. “Elon Musk lives in his own bubble and he thinks rules don’t apply to him. He may find out differently, though.”

Back in January, the Tesla CEO started quietly buying up shares of Twitter until he became Twitter's then-largest shareholder in early April. The news generated headlines and Twitter quickly offered Musk a seat on their board in exchange for Musk refraining from buying any more shares.

Instead, Musk offered Twitter board chair Bret Taylor $54.20 per share to buy Twitter outright. Although Twitter first tried to adopt a "poison pill" defense to protect against the takeover, by the end of April, they had signed a $44 billion dollar deal to let Musk take over the company.

However, Musk tried to back out of the deal last Friday for three reasons. He claimed that the bot and spam accounts on the platform are much higher than Twitter had initially claimed and he is also accusing Twitter of withholding accurate information about those accounts from him. If that wasn't enough, he also claims that Twitter was supposed to consult with him prior to laying off any key executives as part of their merger agreement. Musk claims they did not do so when the social media company fired a number of high-ranking employees last month.

This isn’t the only time that Elizabeth Warren has called out Elon Musk. In an interview on MSNBC back in April, she was asked, “Do you think it is clear that Elon Musk will be pro-conservative or Republican party in the United States, or do you think that’s a misreading of him?”

“You know, for me, that frankly not the most interesting question. He could be one way or the other and it would still be wrong,” Warren replied. “The problem is one of power and concentrated power. It’s about one person making all the decisions about how tens of millions will have an opportunity to communicate with each other.”

“That’s where the problem is,” she concluded.

On Wednesday, Deadline reported that shares of Twitter are up 6% after they filed a lawsuit in Delaware Chancery Court in an attempt to force the SpaceX founder with going through with his $44 billion dollar deal to buy the company.

Wedbush Securities big tech analyst Daniel Ives told the outlet that the company is approaching the upcoming legal battle “with an iron fist and a clear upper hand.”

Short-seller Hindenburg Research also revealed that they plan to take a long position on the company, tweeting, “We have accumulated a significant long position in shares of Twitter. Twitter’s complaint poses a credible threat to Musk’s empire.”

In the lawsuit, Twitter criticized at Musk, writing, “Musk refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests. Having mounted a public spectacle to put Twitter in play, and having proposed and then signed a seller-friendly merger agreement, Musk apparently believes that he — unlike every other party subject to Delaware contract law — is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away.”

It remains how Twitter shares will continue to fluctuate in the weeks to come as this legal battle plays out. However, many analysts feel certain that this matter will be settled out of court.

And it isn't only the legal battle with Twitter that Musk has to worry about. He recently got into a feud with former U.S. President Donald Trump. Those interested can read more about that here.