Elon Musk Is ‘Excited About The Twitter Situation’

Elon Musk is “excited” about the future of Twitter.

[{"selector":"#anim-fdbd5771-4ed2-4f14-b189-4fcdcbb35cb6","keyframes":{"opacity":[0,1]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c9899c65-3a36-49d5-889a-691cdedd0e4c","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8bf9d9d2-f37d-421b-83fb-d4cb0af7aac4","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

He said as much in a Tesla earnings call on Wednesday night.

[{"selector":"#anim-298f8bc1-f4ba-4289-bfa5-fb38a3073999","keyframes":{"opacity":[0,1]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0dd74c44-f732-4b2b-8bfd-6653b46a1ed9","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-25f9c084-a454-4562-9bcc-46a6dccfab62","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

“I am excited about the Twitter situation,” he said.

[{"selector":"#anim-1b691e9c-8ce5-48d6-84bb-259004b5e15c","keyframes":{"opacity":[0,1]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b677b787-2f77-483a-8b14-13ebc709eb3d","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cac04bf6-4238-4b19-90fc-c1290ee987f5","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

He called it an asset “that has sort of languished for a long time.”

[{"selector":"#anim-86c968b9-d51a-4803-8773-6a8213b78df4","keyframes":{"opacity":[0,1]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9a1a88c9-686c-44ee-859b-d9f649c4b7bd","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e0653ae9-9613-4932-b134-840180f21a55","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

However, he also lamented the price of the $44 billion deal.

[{"selector":"#anim-ead7d955-0902-44d2-bed4-743775a9096d","keyframes":{"opacity":[0,1]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f38ad7a8-acbb-40f1-810d-31bdff235d46","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2121fbde-907b-4cba-901d-2b4819b9a776","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

He agreed to pay $54.20 per share for the company back in April.

[{"selector":"#anim-6359b67e-49bc-46f3-8e9a-246a4222d5c7","keyframes":{"opacity":[0,1]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b5fe5036-5734-45ad-aff9-bf85cc33fbb9","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d7d1904-4d68-45e0-a1c1-3fac98f5875c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Musk said, “myself and the other investors are obviously overpaying for Twitter right now.”

[{"selector":"#anim-7958db55-86bf-4ec3-9e59-23a1fe98425e","keyframes":{"opacity":[0,1]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5b8b0472-31f3-4874-bacc-f77722a53670","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f7d82b3b-c279-4b9c-a158-0322fe2f97a0","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

However, he praised the “long-term potential” that Twitter has.

[{"selector":"#anim-d5023b20-47c5-41f5-99e1-ac898825296a","keyframes":{"opacity":[0,1]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c6c440ae-0e8f-49c6-81c0-f7d347c73519","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3a3fb67e-9d65-4006-95e2-2831c642877c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Musk has until Oct. 28 to close the deal before a new court date will be set for November.

[{"selector":"#anim-e439976e-29e4-473d-a890-25bc4f2f5ddd","keyframes":{"opacity":[0,1]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f430e2c-068d-4983-a506-6af02b290875","keyframes":{"transform":["translate3d(114.51104%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f5e4ab60-55e1-4ec7-9e84-fae99b046c5b","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Learn more