Elon Musk Is ‘Excited About The Twitter Situation’

Elon Musk is 'excited' about the future of Twitter.


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.


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