
After weeks of dilly-dallying, Tesla, Inc. (NASDAQ:TSLA) chief executive officer Elon Musk confirmed last Friday that he is terminating the deal to buy Twitter, Inc. (NYSE:TWTR).
Legal Battle In Cards: Close on the heels of Musk's disclosure of his intentions, Bret Taylor, chairman of Twitter's board, tweeted that the board is committed to closing the transaction on the price and terms agreed upon with Musk.