
Sunday night’s announcement by Twitter (NYSE:TWTR) CEO Parag Agrawal that Elon Musk turned down the invitation to serve on the company’s board of directors should not have been a surprise to anyone who is vaguely familiar with the social media giant or the Tesla (NASDAQ:TSLA) chieftain. Over the past several days, Twitter and Musk engaged in a public battle of wills that Musk lost in a spectacular crash.
Sorry, Not Sorry: The fact the announcement came from Agrawal and not Musk is primary evidence that Musk came up against a force that he could not bulldoze. The language in Agrawal’s announcement made it clear that Musk was the wrong man for the director’s job.