Elon Musk Is ‘Excited About The Twitter Situation’
Elon Musk is 'excited' about the future of Twitter.
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He said this on Wednesday evening's Tesla earnings call.
"I'm happy with the situation on Twitter," he said.
He called it an asset "that has suffered a little bit for a long time."
But he also complained about the $44 billion price tag of the deal.
In April, he agreed to pay $54.20 per share for the company.
Musk said, “myself and the other investors are obviously overpaying for Twitter right now.”
However, he praised the "long-term potential" that Twitter has.
Musk has until Oct. 28 to finalize the deal before a new trial date is set for November.