Elon Musk Says When He Takes Over Twitter Board Salaries Will Be $0 – “So That’s ~$3M/Year Saved Right There”

Last week Elon Musk made an offer to buy Twitter.  Over the Easter weekend, the Twitter Board declined Musk’s offer.  Now Musk says he’ll end Board salaries once he takes over the company. 

Last Thursday Elon Musk made an offer to buy Twitter at a reasonably generous price.  Musk wanted to free up civil discourse which wasn’t happening at Twitter. (Click Here)

The response from the Board over the weekend was to adopt a poison pill rather than consider Musk’s offer.  It appears as if Twitter would rather hold control over who and what people are able to say in public discourse than make money for its shareholders. (Click Here)

In response over the weekend, it was noted that Twitter’s Board holds a paltry amount of stock in the company.  Musk retweeted this observation. (Click Here)

Musk then tweeted that he would make Board salary $0 when he takes over, saving the company $3 million a year. (Click Here)

(source)

For though we walk in the flesh, we do not war according to the flesh. For the weapons of our warfare are not carnal, but mighty through God to the pulling down of strongholds, casting down imaginations and every high thing that exalts itself against the knowledge of God, bringing every thought into captivity to the obedience of Christ, and being ready to punish all disobedience when your obedience is complete. (2 Corinthians 10:3-6 Modern English Version)

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